What You Need to Know About the Collaborative Economy [Infographic]

sharing_is_new_buying.jpg

For the better part of the past year, Altimeter Group Analyst Jeremiah Owyang has been trumpeting what he calls the collaborative economy. Loosely defined, it’s all about people getting what they need and want from each other without out buying. Think Uber, BlackJet, Rent the Runway, Airbnb, LendingClub, etc.

Of the collaborative economy’s future, Owyang says, “The data shows that new forms of peer-to-peer sharing like custom products, loaner vehicles and crowdfunding will double in adoption over the next year.”

Earlier this month, Owyang released a report entitled Sharing is the New Buying and also an infographic (see below) that summarizes the study’s finding.

Owyang has also launched Crowd Companies, an “association for large brands that want to partner with the Collaborative Economy, to help these large companies navigate, find partners and shift their business models.”

collaborative-economy-infographic.jpg

Picture of Steve Hall

Steve Hall

RECENT ARTICLES

TRENDING AROUND THE WEB

Why the best listeners rarely give advice unless asked

Why the best listeners rarely give advice unless asked

Hack Spirit

7 things people with natural confidence never need to announce

7 things people with natural confidence never need to announce

Hack Spirit

10 small signs you’re more respected than you realize

10 small signs you’re more respected than you realize

Hack Spirit

7 small habits of people who never seem rushed, no matter how full their lives are

7 small habits of people who never seem rushed, no matter how full their lives are

Hack Spirit

7 things genuinely classy people do during awkward silences

7 things genuinely classy people do during awkward silences

Hack Spirit

9 phrases classy people use to end a conversation gracefully

9 phrases classy people use to end a conversation gracefully

Hack Spirit