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The sharing economy is booming, and these 16 companies are ideally positioned to benefit

Posted by New Leaders Council 4 Admin on September 21, 2015 at 1:02 PM

Originally published on Business Insider by Lucinda Shen on September 19.

Uber and AirBnB aren't the only companies that stand to benefit from the growing sharing economy.

Credit Suisse published a report Friday listing 16 companies that will benefit, directly or indirectly, from the burgeoning sector.

Venture capital investors say sharing firms are worth more than $220 billion, according to PWC, with their value set to reach $335 billion by 2025.

That growth is being driven by a combination of macroeconomic and psychological factors: an urbanizing population that is increasingly cost and environment conscious. The population is also tech savvy and keen on living a "useful life," according to Credit Suisse.

There are also a number of beneficiaries outside the sharing sector — such as insurance and banking giant, AXA.

Here is the list.


Read the full story here: http://www.businessinsider.com/credit-suisse-note-on-sharing-economy-9-15