Shared Economy Market Share, Revenue, Demand and Forecast to 2025 |Research Informatic
A sharing economy is an economic model in which individuals and organisations exchange goods and resources collaboratively, transforming physical assets into services. Individuals and businesses can benefit from underutilised capital thanks to the sharing economy.
The global sharing economy market value is expected to reach $1.2 trillion by 2024, up from $370.76 billion in 2019, at a compound annual growth rate (CAGR) of 30.9 percent from 2019 to 2024.