How the Sharing Economy Is Enabling Smarter WorkingTake a closer look at one of the fasted growing industries in the UK, and how small companies are using technology to reach new audiences and niche markets.
What started as a way to may a bit of money on the side by renting a spare room, has now become an unstoppable revolution – the sharing economy, pioneered by companies such as Airbnb, Lyft and TaskRabbit is continuing to transform the way we do business and live our lives. In simpler terms, somebody found a way to monetise underutilised assets that are abundantly available in a world with too many people, who have too many things.
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By 2025, total spending in the UK sharing economy could peak at £140 billion.