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Gig Economy And Sharing Economy Market 2020 | COVID -19 Impact Research Report With Top Key Players

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The Global Gig Economy And Sharing Economy Market report mainly studies the size, recent trends and development status of the Gig Economy And Sharing Economy market, as well as investment opportunities, government policy, market dynamics (drivers, restraints, opportunities), supply chain and competitive landscape. Technological innovation and advancement will further optimize the performance of the product, making it more widely used in downstream applications. Moreover, Porter’s Five Forces Analysis (potential entrants, suppliers, substitutes, buyers, industry competitors) provides crucial information for knowing the Gig Economy And Sharing Economy market. The Gig Economy And Sharing Economy research report study the market size, Gig Economy And Sharing Economy industry share, key drivers for growth, major segments, and CAGR. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc.

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Key players in the global Gig Economy and Sharing Economy market are:
Couchsurfing
Lyft
Uber
Door Dash
Airbnb
Uber
Postmates
GoGoGrandparent
BlaBlaCar
Airbnb
Upwork
Task Rabbit
Fiverr
Lyft
SilverNest
Zipcar
Rover

On the basis of types, the Gig Economy and Sharing Economy market from 2015 to 2026 is primarily split into:
Gig Economy
Sharing Economy

On the basis of applications, the Gig Economy and Sharing Economy market from 2015 to 2026 covers:
Shared private car
Shared private residence
Independent contractor
Freelancers

The report further covers the significant performance of robust Gig Economy And Sharing Economy companies including their research activities, Product innovations, developments, technology adoptions, and brand promotions. The activities are performed in order to captivate the maximum numbers of potential buyers and offer better fit products in the market. Their strategic acquisitions, mergers, ventures, and partnerships are also examined in the report to help clients build their own strategies for their Gig Economy And Sharing Economy businesses.

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Gig Economy And Sharing Economy Market: Regional analysis includes:

  • Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
  • Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
  • North America (the United States, Mexico, and Canada.)
  • South America (Brazil etc.)
  • The Middle East and Africa (GCC Countries and Egypt.)

Major Points Covered in TOC:

  • Overview: Along with a broad overview of the global Gig Economy And Sharing Economy Market, this section gives an overview of the report to give an idea about the nature and contents of the research study.
  • Analysis on Strategies of Leading Players: Market players can use this analysis to gain competitive advantage over their competitors in the Gig Economy And Sharing Economy Market.
  • Study on Key Market Trends: This section of the report offers deeper analysis of latest and future trends of the market.
  • Market Forecasts: Buyers of the report will have access to accurate and validated estimates of the total market size in terms of value and volume. The report also provides consumption, production, sales, and other forecasts for the Gig Economy And Sharing Economy Market.
  • Regional Growth Analysis: All major regions and countries have been covered Gig Economy And Sharing Economy Market report. The regional analysis will help market players to tap into unexplored regional markets, prepare specific strategies for target regions, and compare the growth of all regional markets.
  • Segment Analysis: The report provides accurate and reliable forecasts of the market share of important segments of the Gig Economy And Sharing Economy Market. Market participants can use this analysis to make strategic investments in key growth pockets of the Gig Economy And Sharing Economy Market.

Key Questions Answered in the Report Include:

  • What will the market size and the growth rate be in 2025?
  • What are the key factors driving the global Gig Economy And Sharing Economy Market?
  • What are the key market trends impacting the growth of the global Gig Economy And Sharing Economy Market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global Gig Economy And Sharing Economy Market?
  • What are the market opportunities and threats faced by the vendors in the global Gig Economy And Sharing Economy Market?
  • Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA.
  • What are the key outcomes of the five forces analysis of the global Gig Economy And Sharing Economy Market?

A free report data (as a form of Excel Datasheet) will also be provided upon request along with a new purchase.

Contact Us:

Web:www.qurateresearch.com
E-mail:[email protected]
Ph: US – +13393375221, IN – +919881074592

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Note: In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.



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Economy

Future of Work | The Gig Economy

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Future of Work


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Video has closed captioning.

Today more than 55 million Americans work in the gig economy, which operates through digital platforms like Uber, Lyft and Task Rabbit. Fueled by technological advancements, the gig economy allows workers like Chloe Grishaw to set her own schedule, and know what she’s agreeing to, without any long-term obligations. The freedom and flexibility, however, comes with financial insecurity.

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09/01/21

Rating: NR

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Economy

Gig Economy—How Deep Is The Discontent? – BloombergQuint

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Economy

Good news and bad news about the ‘gig’ and app-based economy, according to JPM

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A recent JPMorgan Chase report found that workers earning money through the online platform economy are particularly vulnerable to economic shocks.

The online platform economy, which includes ride-sharing services like Uber (UBER) and Lyft (LYFT), online marketplaces like eBay (EBAY) and StockX, telemedicine companies like Teladoc, and other online services, supports almost 8% of families in the United States, according to the report.

This sector also experienced a higher rate of unemployment than the general economy, the report found. “Overall, we see significantly higher UI rates among platform participants relative to the non-platform group,” authors Fiona Greig and Daniel M. Sullivan, wrote in the report. 

“At its peak, the UI receipt rate of drivers was just under 19 percent, over twice the rate of the non-platform group. UI receipt rate among platform participants in other sectors are also elevated, peaking between 13 and 15 percent.”

Rideshare Uber and Lyft drivers rally in support of the Protecting the Right to Organize (PRO) Act, in Los Angeles, California, U.S., March 16, 2021. REUTERS/Lucy Nicholson

Rideshare Uber and Lyft drivers rally in support of the Protecting the Right to Organize (PRO) Act, in Los Angeles, California, U.S., March 16, 2021. REUTERS/Lucy Nicholson

Workers in such industries may be particularly vulnerable to economic volatility like the one induced by the coronavirus pandemic, the report found. “Almost one in five drivers in 2019 was receiving unemployment insurance at the beginning of the pandemic,” the authors wrote. “Of all platform workers, drivers appear to be the group of biggest concern for policymakers from a welfare perspective. They are the most numerous group, have the lowest family incomes, were the most likely to have received unemployment insurance during 2020.”

Drivers were the group which, in the aggregate, were most reliant on the gig economy for income, with leasing platforms accounting for 15% and 20% of the median family’s total income. However, this share of income has decreased since the onset of the pandemic, in part due to reduced demand for riding services as well as an influx of support from government transfer payments.

“The continued rise of the Online Platform Economy raises the importance of strengthening the social safety net for contingent workers and reducing the administrative burdens associated with platform income,” Greig and Sullivan wrote. “Reducing administrative hassles associated with verifying platform income for the purposes of filing taxes, qualifying for social safety net programs, or gaining access to credit, could materially improve and simplify the financial lives of platform workers.”

Online platform economy ‘on the rise’

Despite the new and continuing risks associated with it, the gig and app-based economy has provided a significant role in generating income for people, especially during the pandemic.

“The Online Platform Economy is a crucial source of income for many families even after the shock of the pandemic,” the report noted. “At its peak, almost 8 percent of families earned platform income in any 12 month window.”

Drivers in the ride-sharing economy make up a large portion of the growing gig economy. The online platform economy is especially important for these drivers, who “represent the lion’s share of supply-side platform participants and have the smallest total family incomes,” the authors wrote. “Additionally, lessors derive the highest revenues and the largest share of their total family income from platforms.”

Though concerns regarding the treatment of drivers in the ride-sharing companies have abounded recently, the online platform economy continues to grow and already represents an important part of the total economy, the authors found.

Ihsaan Fanusie is a writer at Yahoo Finance. Follow him on Twitter @IFanusie.

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