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GlobalData Plc: Technology Advancements Expected to Drive Sharing Economy

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LONDON, May 18, 2022 (GLOBE NEWSWIRE) — Sharing economy is an economic system in which private individuals share assets and services, either free or for a charge, often using a community-based online platform. The sharing economy has enjoyed a rapid rise, particularly over the last decade. It has penetrated most industries, facilitated by improvements in the performance of digital platforms and consumers’ increasing willingness to use mobile apps that support peer-to-peer business models. Companies are now using GPS, data analytics, and artificial intelligence (AI) to connect consumers with owners in real-time. GlobalData expects the popularity of the sharing economy model to fuel revenue growth across several markets, including shared mobility, shared property, shared consumer goods, and shared financials.

The Sharing Economy – Thematic Research Report offered by GlobalData Plc provides an overview of the sharing economy theme. The report identifies the key trends impacting the growth of the theme over the next 12 to 24 months, split into three categories: technology trends, macroeconomic trends, and regulatory trends. It also includes comprehensive industry analysis, including analysis of company filings, hiring, and social media trends. The report contains details of M&A deals driven by the sharing economy theme, and a timeline highlighting milestones in the development of the sharing economy.

Key Technology Trends Impacting the Sharing Economy Theme

  • Social media
  • Artificial intelligence (AI)
  • Cybersecurity
  • Blockchain

Social media accounts are also to validate users registering on apps. Signing into sites via Facebook or Google improves the customer experience and ensures that businesses receive accurate customer information. It also enhances security. Whenever a user opts to use a single social sign-in, their social media account is prompted to type in a temporary code. This code can only be accessed through the customer’s registered mobile phone.

For more insights on technology trends impacting the sharing economy theme, download a free sample report

Key Macroeconomic Trends Impacting the Sharing Economy Theme

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  • COVID-19
  • China
  • Urbanization
  • Strategic partnerships
  • ESG

The COVID-19 pandemic has caused significant problems for sharing economy companies worldwide. With extended lockdowns in many countries and the global economy entering a deep recession in 2020, companies like Uber, Lyft, Grab, and Airbnb saw bookings drop sharply.

For more insights on macroeconomic trends impacting the sharing economy theme, download a free sample report

Key Regulatory Trends Impacting the Sharing Economy Theme

  • Carbon emissions
  • Data privacy
  • Labor rights

The auto industry is led by regulation as much as it responds to consumer demand. From Corporate Average Fuel Economy (CAFÉ) regulations in the US to Regulation (EU) 2019/631 setting CO2 emission performance standards in the EU and the Bharat regulations in India, all have shaped the average CO2 emission performance standards for the sale of new passenger cars and light trucks.

For more insights on regulatory trends impacting the sharing economy theme, download a free sample report

Leading Companies Associated with Sharing Economy Theme

  • Airbnb
  • Comuto (parent company of BlaBlaCar)
  • Didi Chuxing
  • eBay
  • Expedia Group
  • IWG
  • Kickstarter
  • Lyft
  • ShareNow
  • Uber
  • WeWork

To know more about leading companies associated with the sharing economy theme, download a free sample report

Sharing Economy Market Overview

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Key Technology Trends Social Media, Artificial Intelligence (AI), Cybersecurity, and Blockchain
Key Macroeconomic Trends COVID-19, China, Urbanization, Strategic Partnerships, and ESG.
Key Regulatory Trends Carbon Emissions, Data Privacy, and Labor Rights.
Leading Companies Airbnb, Comuto (parent company of BlaBlaCar), Didi Chuxing, eBay, Expedia Group, IWG, Kickstarter, Lyft, ShareNow, Uber, and WeWork

Sharing Economy Market Report Scope

  • This report provides an overview of the sharing economy theme.
  • It identifies the key trends impacting the growth of the theme over the next 12 to 24 months, split into three categories: technology trends, macroeconomic trends, and regulatory trends.
  • It includes comprehensive industry analysis, including analysis of company filings, hiring, and social media trends.
  • It contains details of M&A deals driven by the sharing economy theme, and a timeline highlighting milestones in the development of the sharing economy.
  • The detailed value chain is split into four segments: shared assets and services, infrastructure, sharing economy platforms, and use cases.

Reasons to buy

  • Over the past few years, the sharing economy has grown rapidly, driven by increased urbanization, technological advancements, greater familiarity with peer-to-peer sharing, fewer entry barriers, and the financial gains it offers to consumers. Moreover, high mobile penetration and the increasingly important position of millennials in the global economy—alongside increased demand for shared assets—have paved the way for new business opportunities and additional revenue streams for both individuals and businesses.
  • This report provides a detailed overview of this increasingly important theme, including identifying leading companies across all aspects of the sharing economy.

FAQs

What are the key technology trends impacting the sharing economy theme?

Social media, artificial intelligence (AI), cybersecurity, and blockchain are the key technology trends in the sharing economy.

What are the macroeconomic trends impacting the sharing economy theme?

COVID-19, China, urbanization, strategic partnerships, ESG are the macroeconomic trends impacting the sharing economy.

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What are the key regulatory trends impacting the sharing economy theme?

Carbon emissions, data privacy, labor rights are the key regulatory trends impacting the sharing economy theme.

Which are the key companies associated with the sharing economy theme?

Airbnb, Comuto (parent company of BlaBlaCar), Didi Chuxing, eBay, Expedia Group, IWG, Kickstarter, Lyft, ShareNow, Uber, and WeWork are the key companies associated with the sharing economy theme.

Related reports

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  • Consumer Behavior Case Study: Sharing Economy – Click here
  • Sharing Economy (Travel and Tourism) – Thematic Research – Click here
  • Sharing Economy in Consumer Goods – Thematic Research – Click here
  • Sharing Economy in Insurance – Thematic Research – Click here
  • Splinternet – Thematic Research – Click here

About us

GlobalData is a leading provider of data, analytics, and insights on the world’s largest industries. In an increasingly fast-moving, complex, and uncertain world, it has never been harder for organizations and decision makers to predict and navigate the future. This is why GlobalData’s mission is to help our clients to decode the future and profit from faster, more informed decisions. As a leading information services company, thousands of clients rely on GlobalData for trusted, timely, and actionable intelligence. Our solutions are designed to provide a daily edge to professionals within corporations, financial institutions, professional services, and government agencies.

Media Contacts

GlobalData

Mark Jephcott
Head of PR EMEA
[email protected]
cc: [email protected]

+44 (0)207 936 6400

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Artificial Intelligence

Xinhua Silk Road: E China’s Changzhou City unveils investment opportunities in sectors of new productive forces for global investors

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BEIJING, Sept. 29, 2024 /PRNewswire/ — Changzhou City, an leading international smart manufacturing base located in east China’s Jiangsu Province, has released a bunch of investment investment opportunities to global investors in various sectors of new productive forces at the the 2024 New Energy Industry Development Conference & Invest in Changzhou Conference held in the city on September 19.

The investment opportunities covers nine areas including synthetic biology, low-altitude economy, intelligent connected new energy vehicles, solid-state batteries, hydrogen energy, third-generation semiconductors, and artificial intelligence, manifesting the confidence of Changzhou in further opening development. 
Changzhou, seated in the axis of the Yangtze River Delta, has become an important base for advanced manufacturing in China.
In recent years, thanks to intensified efforts in developing new energy industry and fostering new quality productive forces, Changzhou has expanded the added value of its industrial sector to more than two trillion yuan, with manufacturing added value accounting for about 43 percent, both ranking among the top three in Jiangsu Province.
In the Hurun China New Energy Cities 2024, a list released by the Hurun Research Institute at the conference, Changzhou ranked first among other cities in the country for three consecutive years in terms of investment attractiveness and concentration.
Changzhou has accumulated a total of 10.59 billion US dollars (nearly 74.25 billion yuan) in terms of actually utilized foreign capital since 2020. Major projects such as soft magnetism of ArcelorMittal and medical device of BIOS, a Hong Kong-based company, have been launched during the conference. 
In addition, Changzhou has released a multilingual guide for foreign nationals in Changzhou at the conference, which includes practical service items in stay and residence, work, convenient payment options, among others, turning the city into a more open and international place.
Original link: https://en.imsilkroad.com/p/342380.html
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CGTN: China honors individuals with highest awards in celebration of 75th National Day

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BEIJING, Sept. 29, 2024 /PRNewswire/ — Huang Zongde enlisted in the Chinese People’s Liberation Army at the age of 17, beginning a nearly four-decade-long military career where his bravery, valor and devotion earned him countless awards and honors.

The heavily decorated 93-year-old received the highest state honor on Sunday when Chinese President Xi Jinping conferred him with the Medal of the Republic at a ceremony in the Great Hall of the People in Beijing.
China awarded national medals and national honorary titles to 15 individuals, including Huang, in recognition of their contribution and achievement as it celebrates the 75th anniversary of the founding of the People’s Republic of China, which falls on October 1.
Chinese heroes and role models
In addition to Huang, three others were awarded the Medal of the Republic. Wang Yongzhi, a missile and rocket expert and a pioneer of China’s manned space program, was honored posthumously. Wang Zhenyi, a medical scientist known for breakthroughs in leukemia treatment, and Li Zhensheng, an expert in wheat breeding, are also among the honorees.
The national honorary titles went to 10 people, including scientists, a border patrolman, an artist, a craftsman, educators, a health worker, an economist and an athlete.
Addressing Sunday’s awarding ceremony, President Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, called on the Chinese people to learn from heroes and role models to form a mighty force to build a strong China.
China is in a crucial period for building a great modern socialist country in all respects and achieving national rejuvenation through Chinese modernization, he said.
Encouraging the Chinese people to strive for extraordinary achievements at ordinary job posts, Xi urged them to contribute to resolving challenges to development and reform and safeguarding social harmony and stability.
China’s old friends and good friends
As its highest state honor for foreigners, China awarded the Friendship Medal to Dilma Rousseff, president of the New Development Bank and former Brazilian president, for her commitment to the friendship between China and Brazil, and development of relationship between China and the Community of Latin American and Caribbean States, and cooperation among BRICS countries, a group of major emerging economies.
Accepting the honor at the ceremony, Rousseff said the medal symbolizes the strong bonds between Brazil and China and pledged to continue her unremitting efforts to promote the friendship.
China’s achievements over the decades, including economic transformation, technological innovation and remarkable social development, have made it a beacon and a source of inspiration for the world, she said.
Xi lauded Rousseff as an outstanding representative of China’s old friends and good friends who have shared the same aspirations and stood together with the Chinese people over the past 75 years and vowed that China will never forget such international friends.
The Chinese people are ready to join hands with people from all over the world to safeguard world peace, promote common development and advance the building of a community with a shared future for mankind to create a better future for humanity, he said.
https://news.cgtn.com/news/2024-09-29/China-honors-individuals-with-highest-awards-ahead-of-National-Day-1xhS1SaZeZa/p.html
 

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Kazakhstan Government Delegation Visited SUPCON

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HANGZHOU, China, Sept. 29, 2024 /PRNewswire/ — On September 26, a delegation from the Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan, led by Minister Madiyev Zhaslan, visited SUPCON. SUPCON’s Chairman and President, Mr.Cui Shan, warmly welcomed the delegation.

The Kazakhstan government representatives expressed their appreciation and recognition of SUPCON’s expertise and innovation in intelligent manufacturing, digital transformation, and industrial AI.
Madiyev Zhaslan expressed a strong interest in industrial AI technologies of SUPCON, particularly their applications in intelligent and low-carbon facilities. He looks forward to exploring extensive collaboration with SUPCON across various sectors in Kazakhstan.
Cui Shan emphasized that as a leading industrial AI company with a global presence, SUPCON will leverage its technological advantages to meet Kazakhstan’s industry development requirements and trends, injecting new momentum into the country’s industrial digitalization.
In 2023, SUPCON established a subsidiary in Kazakhstan as its Central Asia regional headquarters and set up a localized operational system. SUPCON will continue to invest in the long-term development of the Central Asia region, contributing further wisdom and strength to the industrial digital transformation in Kazakhstan and beyond.
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