Sharing Economy Set to Double by 2032, Driven by Gen Z

San Francisco, Saturday, 16 November 2024.
The global sharing economy market is projected to reach $827.1 billion by 2032, growing at a 7.7% CAGR from $387.1 billion in 2022. Generation Z dominates the market, accounting for nearly half the share. This growth is fueled by cost-effective alternatives to traditional services, particularly in transportation and accommodation sectors.