HTF Market Intelligence Consulting Private Limited

Gig Economy Platforms Beating Market by Excellent Revenue Growth: BellHops, DoorDash, Handy

Stay up-to-date with Global Gig Economy Platforms Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth.

 

Pune, Maharashtra -- (SBWIRE) -- 12/02/2022 -- Latest publication on 'Global Gig Economy Platforms Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027' is added in HTF MI research reporsitory provides in-depth analysis, Competitive scenario, and future market trends and strategies. The regional analysis includes countries like USA, Germany, China, France, Japan, South Korea, UK, BeNeLux, Nordic Nations, Middle East & Africa and many other countries along with major players profiled such as BellHops (United States), DoorDash (United States), Favor Delivery (United States), Fiverr (Israel), Freelancer (Australia), Guru.com (United States), Handy (United States), HopSkipDrive (United States), Rover (United States) and TaskRabbit (United States).The Market has witnessed continuous growth in the past few years and is projected to see some stability post Q2,2022 and may grow further during forecast year 2022-2027

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Summary
What is Gig Economy Platforms Market Scope?
The Gig Economy is referred to as the exchange of labor between individuals or enterprises through digital apps or platforms in consideration of money. The gig economy utilizes digital stages to interface consultants with clients to offer transient types of assistance or resource sharing incorporate ride-hailing applications, food conveyance applications, and occasion rental applications. A significant part of the stage economy is computerized work stages which incorporate both online stages, where work is re-appropriated through an open call to a geologically scattered group and area-based (applications) which dispense work to people in a particular topographical region, commonly to perform neighborhood, the administration arranged assignments like driving, getting things done or cleaning houses.

The Gig Economy Platforms market study is being classified by Type (APP-based and Website-based) and major geographies with country level break-up.

The Gig Economy Platforms Market is fragmented with the availability of different small, medium, and giant players. The organizations are concentrated their activities majorly on research and development regarding the development and implementation of new technology advancement. Moreover, the companies are collaborating and making strategic partnerships with the technology provider companies to provide product uniqueness in the market and avail competitive advantage over other competitors. Analysts at HTF MI predicts that Players from United States will contribute to the maximum growth of Global Gig Economy Platforms market throughout the predicted period.

BellHops (United States), DoorDash (United States), Favor Delivery (United States), Fiverr (Israel), Freelancer (Australia), Guru.com (United States), Handy (United States), HopSkipDrive (United States), Rover (United States) and TaskRabbit (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Turo (United States), Twago Enterprise (Germany) and Upwork (United States).

Segmentation Analysis
Analyst at HTF MI have segmented the market study of Global Gig Economy Platforms market by Type, Application and Region.

On the basis of geography, the market of Gig Economy Platforms has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

On 14 December 2020, DoorDash and Pay fare announced the launch of the DasherDirect platform, a banking solution for DoorDash delivery drivers (Dashers) offering a Business Prepaid Visa Card and mobile banking app. This marks DoorDash's first-ever financial platform for Dashers, providing them with exclusive new rewards and more flexibility and control over their earnings. This launch is part of DoorDash's Main Street Strong Pledge to empower local communities, which includes enabling Dashers to achieve greater financial empowerment and meet their professional goals.

Influencing Market Trend
Growing technological advancement and adoption of technology, growing adoption of gig economy platforms
An increase in on-demand gig economy platforms comes with increased productivity and efficiency for companies that provide conventional full-time employment lacked
Gig workers receive traditional stability with the use of the gig economy platform

Market Drivers
An increase in demand for gig economy platforms due to their unique employment relationship upends the traditional ways of working in many ways
Gig economy platform provides higher flexibility in terms of the work they can choose and the hours they dedicate

Opportunities
Development of the gig economy platform in the developing countries to reduce unemployment problem in emerging countries
Development of technology infrastructure in the emerging economies

Restraints
Risk of dominant players engage in anticompetitive practices to limit competition for the market
Risk of inefficiencies or consumer harm associated with the emergence of dominant platforms

Challenges
Dependent employment and non-employer businesses are affected by some third factors omitted
Lack of regulation to control platforms enabling gig work

Key Target Audience
Industrial Associations, Technological Platform Providers, Government Bodies, Freelancers Community and Others

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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. HTF MI Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.

Frequently Asked Questions (FAQ):
1. At what growth rate would the Gig Economy Platforms market expands?
The Global Gig Economy Platforms market is expected to see a growth of % during projected year 2020 to 2026.

2. Who are the prominent players of the Global Gig Economy Platforms market?
The prominent players of Global Gig Economy Platforms market are BellHops (United States), DoorDash (United States), Favor Delivery (United States), Fiverr (Israel), Freelancer (Australia), Guru.com (United States), Handy (United States), HopSkipDrive (United States), Rover (United States) and TaskRabbit (United States), to name a few.

3. What are the top priorities to focus for Gig Economy Platforms market's growth?
In this highly competitive & fast evolving Gig Economy Platforms industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.

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Strategic Points Covered in Table of Content of Global Gig Economy Platforms Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Gig Economy Platforms Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027market. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary – the basic information of the Global Gig Economy Platforms Market Insights by Application, Product Type, Competitive Landscape
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