We all know what means economy, but what Is a Collaborative Economy ? Let's discover it in our new article about the new integration and our company.
A collaborative economy is a marketplace where consumers rely on each other instead of large companies to meet their wants and needs. Collaborative economies consist of giving, swapping, borrowing, trading, renting, and sharing products and services for a fee, between an individual who has something and an individual who needs something — generally with the help of a web-based middleman. A collaborative economy may also be known as a "shared economy," "sharing economy," or a "peer-to-peer economy."
Collaborative economy is changing the scope of industries.
Key figures:
The sharing economy is one of the fastest growing business trends in history, with investors dumping more than $23 billion in venture capital funding since 2010 into startups operating with a share-based model. Because many of these businesses are private, it’s impossible to know the actual size of the sharing economy. However, there are several clues to indicate its massive impact on our society.
Airbnb ($31 million) and Uber ($72 billion) have a combined $103 billion market cap which would rank them as the 38th wealthiest country in the world.
In 2016, 44.8 million U.S. adults used the sharing economy, and it’s expected to grow to 86.5 million U.S. users by 2021.
McKinsey estimates that in the U.S. and Europe alone, 162 million people or 20-30 percent of the workforce are providers on sharing platforms.
Top Sharing Economy Brands in the Transportation Space:
Uber: $72 Billion
Didi: $50 Billion
Lyft: $11 Billion
Top Sharing Economy Brands in the Consumer Goods Space:
eBay: $36.8 Billion
Etsy: $5.2 Billion
Rent the Runway: $800 Million
Top Sharing Economy Brands in the Professional and Personal Services Space:
Fiverr: $351 Million
Upwork: $168.8 Million +
TaskRabbit: $50 Million +
Top Sharing Economy Brands in the Healthcare Space:
American Well: $441.5 Million
Doctor On Demand: $160 Million
Cohealo: $9 Million +
What Is Next for the Sharing Economy?
Technology has helped the sharing economy advance to where it is today—and, the trend should only continue as we become more connected digitally. While we’ve seen how dominant collaborative consumption can be in industries like transportation, consumer goods, and services, many other traditional sectors will soon experience changes because of the sharing economy.
New way of integrating collaborative economy within trucks transportation industry
T&L Market, is one example of an innovative company who wants to improve the way we use our trucks. It is a collaborative shipping marketplace, where companies can share their transport loads and able space in truck hauls for one company can be used to transport shipments for other companies.
If you want to know more about T&L Market, click on the truck !
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