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Gig Economy Market Key Players & On-Going Trends 2021 – 2027 – Jumbo News

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KEYWORD

Gig Economy Market Report Coverage: Key Growth Factors & Challenges, Segmentation & Regional Outlook, Top Industry Trends & Opportunities, Competition Analysis, COVID-19 Impact Analysis & Projected Recovery, Market Sizing & Forecast

The report provides detailed competitive intelligence to make users aware of all the recent innovations and developments with respect to their competition. This Gig Economy market report uncovers multiple growth opportunities that users can consider to capitalize on, along with insights on top industry trends to invest in. This section intends to facilitate the process of critical decision making for users.

This report examines all the key factors influencing growth of global Gig Economy market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Gig Economy market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.

Request for Sample with Complete TOC and Figures & Graphs @ https://www.crediblemarkets.com/sample-request/gig-economy-market-170657?utm_source=Akhilesh&utm_medium=SatPR

By Top Key Players

PeoplePerHour
Zipcar
Didi Global
Etsy
Upwork
Home Away
BlaBlaCar
Snap
VaShare
Toptal
Silvernest
Airbnb
Envato Studio
Omni
Uber
Fon
Freelancer.com
Stashbee
Fiverr
Couchsurfing
BHU Technology
Spotahome
Eatwith
Lime
Hubble
Airtasker
Lyft
Care.como
Prosper
E-stronger
JustPark
Steam

By Types

Asset-Sharing Services
Transportation-Based Services
Professional Services
Household & Miscellaneous Services (HGHM)
Others

By Applications

Traffic
Electronic
Accommodation
Food and Beverage
Tourism
Education
Others

Global Gig Economy Market is further classified on the basis of region as follows:

  • North America (United States, Canada), Market size, Y-O-Y Growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Direct Purchase this Market Research Report Now @ https://www.crediblemarkets.com/reports/purchase/gig-economy-market-170657?license_type=single_user;utm_source=Akhilesh&utm_medium=SatPR

Some Point from Table of Content:

Global Gig Economy Market Analysis, Key Company Profiles, Types, Applications and Forecast to 2027

Chapter 1 Gig Economy Market – Research Scope

Chapter 2 Gig Economy Market – Research Methodology

Chapter 3 Gig Economy Market Forces

Chapter 4 Gig Economy Market – By Geography

Chapter 5 Gig Economy Market – By Trade Statistics

Chapter 6 Gig Economy Market – By Type

Chapter 7 Gig Economy Market – By Application

Chapter 8 North America Gig Economy Market

Chapter 9 Europe Gig Economy Market Analysis

Chapter 10 Asia-Pacific Gig Economy Market Analysis

Chapter 11 Middle East and Africa Gig Economy Market Analysis

Chapter 12 South America Gig Economy Market Analysis

Chapter 13 Company Profiles

Chapter 14 Market Forecast – By Regions

Chapter 15 Market Forecast – By Type and Applications

Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert @ https://www.crediblemarkets.com/enquire-request/gig-economy-market-170657?utm_source=Akhilesh&utm_medium=SatPR

Report includes Competitor’s Landscape:

➊ Major trends and growth projections by region and country
➋ Key winning strategies followed by the competitors
➌ Who are the key competitors in this industry?
➍ What shall be the potential of this industry over the forecast tenure?
➎ What are the factors propelling the demand for the Gig Economy?
➏ What are the opportunities that shall aid in significant proliferation of the market growth?
➐ What are the regional and country wise regulations that shall either hamper or boost the demand for Gig Economy?
➑ How has the covid-19 impacted the growth of the market?
➒ Has the supply chain disruption caused changes in the entire value chain?

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‘Gig workers of all trades, unite!’ China’s state trade union calls for branches for gig economy workers

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China’s gig economy workers employed by online platforms, including deliverymen and ride hailing drivers, should be encouraged to form unions to boost their negotiating power with Big Tech, the country’s government-backed union said.

The All-China Federation of Trade Unions (ACFTU), which answers to the Chinese Communist Party and is the only legal labour union in China, issued “opinions” this week calling for better protection of labour rights in China’s gig economy, which is estimated to provide around 200 million jobs in the country.

The state labour union made the call at a time when Beijing is turning up the heat on the country’s big technology platforms, including criticising them for exploiting workers. One recent opinion piece in an official newspaper affiliated with the Chinese People’s Political Consultative Conference, the country’s top political advisory body, even used concepts direct from Karl Marx to take a jab at China’s internet platforms.

Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.

On-demand services providers such as Meituan and Ele.me, and ride-hailing companies like Didi Chuxing, have employed millions of employees on a temporary basis. However, labour protections for those “employed in a flexible manner”, are often limited compared with full-time employees and the negotiating power of these workers is usually weak.

Grievances have been rising among these new types of workers, and Beijing has not hesitated to raise its concerns about the potential for social unrest with Big Tech. The Hong Kong-based NGO China Labour Bulletin (CLB) recorded 131 cases of food delivery worker protests between 2016 and 2021.

High profile cases of gig workers seeking better rights have hit the headlines recently, including the dramatic self-immolation of a delivery worker at Alibaba Group Holding-backed food delivery platform Ele.me in January. Alibaba owns the South China Morning Post.

As Big Tech pushes for profit, labour conditions show little sign of improvement

“The state has praised the achievements of these big platform companies in the past, about how they have pushed the economy into a more hi-tech direction,” said Aidan Chau, researcher at CLB. “But in the meantime, the platforms have come to control a large amount of data generated by workers and consumers, often neglecting the lives of their workers as they conquer new industries.”

More than 95 per cent of food delivery workers work more than 8 hours a day, with 28 per cent clocking up more than 12 hours a day, according to a 2020 survey conducted by Beijing Yilian Labor Law Centre, a non-government organisation.

Beijing has recently upped the ante on tech firms, with eight government departments lecturing representatives of online ride-hailing providers over payment practices in May. The government has also been pushing tech platforms to provide basic welfare benefits to part-time employees.

At the same time though the Chinese government has maintained a strict ban on any kind of spontaneous labour union formation or strikes by gig economy workers. The Chinese authorities also arrested one of the most prominent gig worker activists, delivery worker Chen Guojiang, who had repeatedly called on fellow food deliverymen to take group action. He is currently awaiting trial on several charges, including credit card fraud and “provoking trouble”.

Why this flexible work platform is seeing a boom in sourcing riders for delivery giants

The state labour union submitted proposals on strengthening the protection of gig workers in March 2021 during the Two Sessions, the country’s most important political event. Despite the political pressure, not all analysts are convinced that the latest “opinions” will radically change the situation for gig workers.

“The union will not challenge the informal or flexible labour arrangement of these workers,” said CLB’s Chau. “Worker competition with each other will continue to be intense and their sense of insecurity will likely persist.”

This article ‘Gig workers of all trades, unite!’ China’s state trade union calls for branches for gig economy workers first appeared on South China Morning Post

For the latest news from the South China Morning Post download our mobile app. Copyright 2021.

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Economy

From the gig economy to working from home — these trends are changing the future of our jobs

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Working from home has become increasingly popular, necessary and in many cases compulsory due to the pandemic.

A recent study of corporate executives around the world found 19% said they expected employees to work three or more days remotely post-pandemic.

These results showing a shift towards working from home is mirrored in other studies from the US to Europe.

The tech that makes working from home possible

Adam McHale is the European Vice President of Cisco, a company that builds the technology that enables people to work from home. He told Euronews’ The Exchange that due to the pandemic, “broadband infrastructure became critical national infrastructure”. He added that internet traffic grew at a rate we would normally see in the space of 18 months in the space of a few days.

Cisco did a survey of 13,000 people across six different countries and 78% of them told the company that broadband connectivity “was absolutely critical to them”.

‘We can’t put everybody in the same box’

Estonia is a nation pushing the boundaries of remote and home working, often hailed as the most digitally advanced country. It is the nation that gave us Skype and made internet access a basic human right.

Its Minister for Health and Labour, Tanel Kiik, gave us his thoughts on how we should approach this new way of working.

He said that he thinks the changes to the way we work and the new forms of work are “only a positive thing”. “We can’t put everybody in the same box and say that this is your work contract and these are your working hours and this is your salary and be happy with that,” he added.

The Gig Economy

For a long time, this sector has been popping up on the news and not always for positive reasons, including cases of employment disputes and claims of infringement of workers’ rights.

But what exactly is the gig economy?

Dictionaries describe it as “a job market which consists of short-term or part-time work done by people who are self-employed or on temporary contracts”. However, this definition leaves out online platforms that many have started associating with it. In its simplest form, the gig economy can be described as flexible, temporary, or freelance jobs that often involve connecting clients or customers via apps and websites.

Its advocates say the new mode of work allows employees, businesses and consumers to adapt quickly to the needs of the moment. They also say it can also give workers more flexible hours to fit their lifestyles.

Kiik believes that the gig economy is something that is here to stay and is likely to grow in popularity. For that reason, he doesn’t see any point in fighting against it. “The world is changing constantly, the economy is changing and of course the work market and the jobs market are also changing”, he adds.

Online platforms and changing employment

Brands like Amazon and Alibaba have created profound changes to the way people live and work. Despite these billion-dollar success stories, people are still divided about the gig economy.

Qatari startup Snoonu, which offers a one-stop application that facilitates online shopping and deliveries, relies on the gig economy but is trying to remedy flaws in the mode of work’s fabric.

It has some 600 drivers poised to react to the ping of an order for thousands of locations around the country who are fully trained by the company. It also has over 250 young employees from 35 different countries whose jobs are constantly evolving thanks to digital innovation.

Entering the job market

The world of recruitment is also transforming to match new employee and employer needs. Juliet Eccleston is an employment expert and she told The Exchange that when people are straight out of college, it’s often “difficult to see the difference” on their CVs.

To her, and new employers like Snoonu, what makes people stand out are their vocational experience. “A lot of younger people have gone onto platforms and they’re actually micro-entrepreneurs behind the scenes, sharing things, renting things out and selling goods,” she explained. “Those kinds of skills are actually incredibly interesting for businesses”.

Whether employees are working from home, on a temporary contract, or on flexible hours, one thing is for sure; the future of work is changing.

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‘Gig economy can boost jobs for women’

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New Delhi: Alternative work arrangements in the gig economy can lead to the absorption of more women and increase their participation in the workforce with some re-skilling, according to a new study by the United Nations Development Programme in India (UNDP India) and industry federation Federation of Indian Chambers of Commerce and Industry (Ficci).

The rise of the gig economy following the coronavirus outbreak has the potential to boost women’s employment in formal jobs, said the study that collected data from 150 firms, of which one-third were from the manufacturing sector and the remaining were service firms.

“The adoption of new technologies could create better opportunities for women. However, re-skilling will be crucial to expand opportunities for women in the formal sector,” said the study that received support from the government of Japan.

The survey claimed that sectors such as health and pharmaceuticals, electrical and electronics, and fast-moving consumer goods are likely to see more female employment. At the same time, women’s employment in the finance and accounting divisions may moderately change because of the adoption of new technology.

“At least 57% of the heads of surveyed firms felt that the advent of the gig economy would boost women’s employment, while just 4% said that it would not. The remaining 39% of the heads of firms surveyed remained inconclusive,” according to the study titled Future of Work for Women in the Formal Sector in India.

Around 57% of the surveyed firms agree that the gig economy will itself expand and boost women’s job prospects because it is based on flexible, temporary or freelance jobs, often involving connecting with clients or customers through an online platform.

“This underscores that alternative work arrangements in the gig economy have the potential to absorb more women and increase their participation in the workforce,” the study said. However, it did not address the question that gig work is often not a primary assignment and there is no job security. A boost in the use of technology and increased acceptance of virtual working for sales and distribution jobs could open up opportunities for women in fields where interactions are managed via apps and phone calls, it said.

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