Recent years have seen the sharing economy skyrocket in popularity. And you’d be hard pushed to find many who haven’t heard of Uber or Airbnb. Nearing a combined net worth of $100 billion, they have completely transformed the transport and accommodation markets.
Yet early on, some thought the concept might just be a passing fad, that it wouldn’t last. A flash in the pan so to speak as far as economic trends go. But it has well and truly taken root and is spreading out into a variety of other niches, including fashion, parking spaces and travel.