June 17, 2020
The global sharing economy should reach $1.5 trillion by 2024, growing 31.9% annually, according to the latest report by BCC Research, Shared Economy: WeWork, Uber, Airbnb and Lyft.
The “sharing economy” is a megatrend redefining the very nature of “ownership” in the modern world, replacing it with “access.” Access to cars, bikes, office space, vacation homes and more has become a normal, and very large, part of our economic lives.
But COVID-19 and social distancing have rushed onto the scene, causing a global rethink on what healthy human contact should look like. So, is the juggernaut dead? BCC says no. It’s literally too big—and too agile—to fail.
Read the full report here: https://www.bccresearch.com/market-research/finance/shared-economy-wework-uber-airbandb-lift-market.html
“Shared workspaces are obviously a lot less popular in the short-term during this Age of COVID-19” Says BCC Analyst Andrew McWilliams. “However, the nature of shared economy is nothing if not flexible. We’re expecting to see companies realize that people can be just as productive without the long commute. This would boost the need for coworking spaces and the use of bikes and shared rides like Uber to get people there. That could open up a whole avenue of opportunities for people in the market.”
About BCC Research
BCC Research publishes market research reports that provide organizations with intelligence to drive smart business decisions. By partnering with industry experts worldwide, BCC Research provides unbiased measurements and assessments of global markets covering current and emerging industrial and technology sectors. For more information about BCC Research, visit bccresearch.com.
Shared Economy: WeWork, Uber, Airbnb and Lyft( FIN007A )
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