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Gig Economy Market Report 2020, Trends, Competitive Landscape and Opportunities

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Gig Economy Market Report 2020, Trends, Competitive Landscape and Opportunities

Gig Economy  Market Report 2020, Trends, Competitive Landscape and Opportunities

The Gig Economy market report covers a comprehensive market analysis by product types, end-user applications, sales channels, and geographical location. It offers detailed insights on the market drivers, restraints, opportunities, threats, challenges, and dynamics that are influencing the keyword market. This report presents information about market size, pricing trends, emerging trends, and provides an understanding of the market parameters that can create lucrative opportunities for the new entrants and emerging players in the market.

The aim of the business intelligent report on Gig Economy market is to estimate the industry’s performance for the coming years to help marketing executives, investors, and other industry partakers in making sound decisions. The document delineates the key growth trends and recommends strategies to exploit the upcoming opportunities for ensuring strong returns. Further, it helps in developing counter approaches for the challenges faced by companies operating in this business space. Also, the study includes recent updates on the industry and also offers valuable insights on the impact of Covid-19 pandemic.

Key highlights from Covid-19 impact analysis:

  • Effect of Covid-19 pandemic on the socio-economic landscape.
  • Shifts in supply chain and demand share.
  • Short term as well as long term outlook of Covid-19 pandemic on the growth matrix.

Request Sample Copy of this Report @ http://business-newsupdate.com/request-sample/9766

An overview of the regional landscape:

  • Based on the geographical scope, the Gig Economy market is partitioned into North America, Europe, Asia-Pacific, South America, Middle East and Africa.
  • Details regarding the contribution of each region to overall growth is given.
  • Evaluation of sales, revenues, and growth rate for the key regional markets are provided as well.

Other important takeaways from the Gig Economy market report:

  • The product terrain of the Gig Economy market is classified into Asset-Sharing Services,Transportation-Based Services,Professional Services,Household & Miscellaneous Services (HGHM) andOthers.
  • Predictions for revenue and volume share of each product category is mentioned in the report.
  • Market share, production pattern, and growth rate of each product type over the forecast period are also enclosed in the study.
  • In terms of application scope, the Gig Economy market is bifurcated into Traffic,Electronic,Accommodation,Food and Beverage,Tourism,Education andOthers.
  • Market share secured by each application segment, along with their growth rate forecasts are cited.
  • Leading players influencing the Gig Economy market trends are PeoplePerHour,Fon,Zipcar,VaShare,Fiverr,Didi Global,E-stronger,Omni,Freelancer.com,Etsy,Home Away,Upwork,Couchsurfing,Hubble,Steam,Snap,BHU Technology,Lyft,Spotahome,Silvernest,Uber,Eatwith,JustPark,BlaBlaCar,Prosper,Care.como,Toptal,Lime,Airbnb,Envato Studio,Airtasker andStashbee.
  • Analysis of the leading companies based on their product & service portfolio, pricing model, production patterns, gross margins, market remuneration, and market share is hosted the document.
  • Major competition trends and their implications on businesses are elaborated exhaustively.
  • Comprehensive assessment of the industry supply chain, inclusive of details on top manufacturers, providers, and consumers is included.
  • Project feasibility study using various methodologies like SWOT analysis and Porter’s Five Forces analysis is furnished in the report.

Key Highlights:

  • Gig Economy market analysis and forecast, in terms of volume and value
  • Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Gig Economy market
  • Gig Economy market segmentation on the basis type, function, application, backing material, technology and geography (country-wise) has been provided
  • Gig Economy market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of the study
  • Gig Economy market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation
  • Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled
  • Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Gig Economy market is also profiled

Request Customization on This Report @ http://business-newsupdate.com/request-for-customization/9766

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Why faster payments are critical to the gig economy

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More people are joining the gig economy, and a major driver of this trend — particularly for those working multiple gigs — is a need for faster access to cash to meet expenses.

The gig economy has proven flexible during the pandemic. When ride sharing cooled as fewer consumers traveled, food delivery services exploded. As Airbnb vacation rentals dropped, they were replaced by Airbnb home rentals as newly sequestered workers decided remote work could allow them to trade apartments in New York and Chicago for beach and mountain homes in Florida and Colorado.



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European Commission to consult over future of gig economy

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Photo: Shutterstock

The European Commission on Wednesday began its consultation on the rights of gig economy workers whose labour is governed by digital platforms.

The commission’s process is made up of two parts: the first, which will last six weeks, will see businesses, workers and unions consulted on “the need and direction of possible EU action to improve the working conditions in platform work”; the second, to take place later in the spring, will see concrete proposals formulated and legislation introduced if no agreement is reached in the first stage.

Among the key issues to be addressed, in addition to employment status, will be algorithmic management, collective representation and access to social protections with the EU officials aware that, according to jobs commissioner Nicolas Schmit, “there is not white and black or there is not just one-size-fits-all. There is a big variety in the world of platforms.”

First soundings suggest the commission wants to preserve platorm-based gig economy work. Margrethe Vestager, competition commissioner and chair of the Europe Fit for the Digital Age group, said: “The platform economy is here to stay– new technologies, new sources of knowledge, new forms of work will shape the world in the years ahead.”

However: “And for all of our work on the digital economy, these new opportunities must not come with different rights. Online just as offline, all people should be protected and allowed to work safely and with dignity.”

She identified the most crucial issue was “to find a balance between making the most of the opportunities of the platform economy and ensuring that the social rights of people working in it are the same as in the traditional economy” adding there was “also a matter of a fair competition and level playing field between platforms and traditional companies that have higher labour costs because they are subject to traditional labour laws.”

She said she was not looking at creating a new category of worker: “In my experience, discussions become extremely complex when you want to create a new category. We’re not in any process to create a third category. But we think that here in the consultation, it’s important that we get the feedback on exactly this.”

Uber said it welcomed the consultation: “We welcome the steps taken by the European Commission to improve the conditions of platform work,” said a spokesperson. “Any legislative initiative should be grounded in what platform workers value most – flexibility and control over their work, transparent and fair earnings, access to benefits and protections, and meaningful representation.”

Last week’s judgment in the UK Supreme Court, which ruled Uber drivers were workers because, said the judge, the relationship between it and its drivers was one of “subordination and dependency”, could lead to changes in the UK that will inform the commission’s discussion.

However, centre and left-wing political groupings in Europe are campaigning on the basis that platform workers should be employees. Alongside trade unions such as the European Transport Workers’ Federation – a participant in the consultation – they believe the onus should be on the platforms to prove that their “contractors” aren’t employees, rather than the other way round.

“To change the game of the gig economy, in principle all platform workers must be considered as employees,” said Dutch MEP Agnes Jongerius, a European parliament spokesperson for the employment and social affairs committee. Another member of the committee, French MEP Sylvie Brunet, published a draft report on the rights of platform workers this week, which called on the EU to draw up legislation to “counter bogus self-employment”.

Groups representing companies’ interests such as BusinessEurope do not wish to see an EU-wide definition of employee, which they say should be defined on a national level. Unless an agreement is reached at stage one of the European Commission’s consultation, it is likely that digital platform workers on the Continent will be subject to a patchwork of national case law for at least a year to come, because it is thought coming up with legislation will be a long drawn-out process.

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How the Gig Economy Helps American Workers, Explained

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Sure, you know that being an Uber driver is great for someone who wants to make their own hours. But did you know that many Americans are choosing freelance work because they need flexibility because of family or other responsibilities?

Did you know that small businesses rely on independent contractors? Or that Americans who were once discouraged because they couldn’t make a job work with their lifestyle are now able to work?

But unfortunately, the gig economy is under attack by leftists. In California, a new law has made many such flexible jobs illegal.

In this “Policy Lab” episode, posted above, we have the facts on the gig economy. Check it out—and if you’re interested in watching more “Policy Lab” episodes, you can view them here.



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