Dublin, April 24, 2025 (GLOBE NEWSWIRE) -- The "Sharing Economy - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Sharing Economy was valued at US$366.2 Billion in 2024 and is projected to reach US$1.4 Trillion by 2030, growing at a CAGR of 24.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Sharing Economy market.
The growth in the sharing economy market is driven by several factors, including increasing urbanization, economic pressures, and evolving consumer preferences. As urban areas become more densely populated, the need for efficient resource use and accessible services intensifies, making sharing-based solutions more attractive. Economic pressures, particularly following the financial crises and the economic impacts of the COVID-19 pandemic, have pushed many individuals to seek alternative income sources and cost-saving measures, which sharing platforms readily provide.
Additionally, changing consumer behavior, especially among younger generations, favors access over ownership and values experiences over material possessions. This shift is further supported by a growing environmental consciousness, with many consumers choosing sharing services as a way to reduce their ecological footprint. These factors collectively drive the robust expansion of the sharing economy, highlighting its significant and lasting impact on global economic and social landscapes.
Report Scope
The report analyzes the Sharing Economy market, presented in terms of units. The analysis covers the key segments and geographic regions outlined below.
Segments: Type (Sharing Transportation, Sharing Accommodation, Sharing Finance, Other Types); End-Use (Individual End-Use, Business End-Use).
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Sharing Transportation segment, which is expected to reach US$574.8 Billion by 2030 with a CAGR of a 25.3%. The Sharing Accommodation segment is also set to grow at 25.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $98 Billion in 2024, and China, forecasted to grow at an impressive 33.7% CAGR to reach $374.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Sharing Economy Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Airbnb, Inc., Avis Budget Group, Inc., Booking Holdings, Inc., Comuto SA (BlaBlaCar), EatWith and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 51 companies featured in this Sharing Economy market report include:
- Airbnb, Inc.
- Avis Budget Group, Inc.
- Booking Holdings, Inc.
- Comuto SA (BlaBlaCar)
- EatWith
- Gaviti Akyl LTD
- HomeShare Online, Inc.
- LimeBike (Neutron Holdings Inc.)
- Lyft Inc
- movmi Shared Transportation Services, Inc.
- Spacious Ltd (HubbleHQ)
- Spotahome Ltd
- Stashbee Limited
- Uber Technologies, Inc.
- Zipcar, Inc.
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What's Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free July 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
Key Attributes
| Report Attribute | Details |
| No. of Pages | 288 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $366.2 Billion |
| Forecasted Market Value (USD) by 2030 | $1.4 Trillion |
| Compound Annual Growth Rate | 24.8% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- Tariff Impact on Global Supply Chain Patterns
- Economic Frontiers: Trends, Trials & Transformations
- Sharing Economy - Global Key Competitors Percentage Market Share in 2024
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024
MARKET TRENDS & DRIVERS
- Rising Popularity of Peer-to-Peer Platforms Drives Growth of the Sharing Economy
- Advances in Digital and Mobile Technologies Strengthen Business Case for Sharing Services
- Increasing Consumer Preference for Access Over Ownership Expands Addressable Market
- Growth in Urbanization and Smart Cities Generates Opportunities for Shared Mobility Solutions
- Expansion of Collaborative Consumption Models Drives Adoption in Various Sectors
- Increasing Use of Data Analytics and AI for Personalization and Optimization Strengthens Market
- Growth in Gig Economy and Freelance Work Expands Addressable Market for Shared Services
- Advances in Blockchain Technology for Secure and Transparent Transactions Propel Innovation
- Increasing Regulation and Legal Frameworks for Sharing Economy Platforms Drive Market Trends
- Expansion of Sharing Services in Emerging Markets Expands Addressable Market Opportunities
For more information about this report visit https://www.researchandmarkets.com/r/5lem2
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
