This statistic shows the share of economic sectors in the global gross domestic product (GDP) from 2014 to 2024. In 2024, agriculture contributed 4.02 percent, industry contributed approximately 25.97 percent and services contributed about 66.24 percent to the global gross domestic product. See global GDP for comparison.

The Digital Circular Economy Market size is expected to reach a valuation of USD 14.75 billion in 2033 growing at a CAGR of 25.20%. The Digital Circular Economy market research report classifies market by share, trend, demand, forecast and based on segmentation.

From IRA to CHIPS, take a deeper look at the impact of recent US economic policies and learn how to strategize around shifts in government funding.

Introduction

The global blue economy market is poised for significant growth, expected to reach USD 5,291 billion by 2034, up from USD 2,845 billion in 2024, with a compound annual growth rate (CAGR) of 6.4%. This growth is driven by increasing investments in ocean resources, sustainable marine industries, and blue technologies.

The blue economy encompasses sectors such as marine biotechnology, coastal and ocean energy, and maritime transport. North America is leading the market, accounting for over 32.7% of the global market share in 2024, generating USD 930.3 billion in revenue. This rise reflects the growing emphasis on sustainability and ocean-based economic activities.

The most significant share in the growth of the gross domestic product in Romania was in the service sector. The service sector accounted for *** percent of GDP growth in 2022. Nevertheless, the shares of the agriculture and industry sectors were negative in 2019,2020 and 2022.

In 2024, the service sector of the economy in China grew by around *** percent compared to the previous year. This year, the industrial sector in China has been growing at a higher pace than the service sector.

Green Economy Market Size, Trends and Insights By Application (Renewable Energy, Energy Efficiency, Sustainable Transportation, Green Building, Infrastructure), By Product Type (Renewable Energy Systems, Energy-efficient Technologies, Sustainable Transportation Solutions, Sustainable Agriculture Products), By End User (Residential, Commercial, Government and Public Sector, Agriculture, Transport), By Technology (Renewable Energy Technologies, Energy Efficiency Technologies, Sustainable Transportation Technologies, Green Building Technologies), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033.

Reports Description

As per the current market research conducted by the CMI Team, the global Green Economy Market is expected to record a CAGR of 15.63% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 7.92 Billion. By 2033, the valuation is anticipated to reach USD 29.97 Billion.

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Sharing Economy Market Size 2025-2029

The sharing economy market size is forecast to increase by USD 1118.8 billion, at a CAGR of 32.3% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing popularity of online ride-hailing services. This trend is fueled by the convenience and affordability these services offer, enabling users to access transportation on demand. Another key driver is the adoption of blockchain technology in the sharing economy, which enhances security and trust between users, facilitating seamless transactions. However, the market also faces regulatory challenges, as governments grapple with the complexities of overseeing peer-to-peer transactions and ensuring consumer protection.
Companies looking to capitalize on the opportunities presented by the sharing economy must navigate these regulatory hurdles while maintaining a focus on innovation and user experience. Effective strategic planning and operational agility will be essential for success in this dynamic market.

What will be the Size of the Sharing Economy Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with digital platforms revolutionizing various sectors through peer-to-peer transactions and collaborative consumption. Platform governance and digital identity play crucial roles in ensuring trust and safety, while user experience and mobile applications enhance accessibility. User reviews and community marketplaces foster community building and customer loyalty. Technology adoption, including machine learning and artificial intelligence, drives operational efficiency and innovation. Trust and safety measures, such as security measures and reputation management, mitigate risks. Monetization strategies, including peer-to-peer lending and revenue streams, enable platform sustainability. Circular economy principles and sustainable consumption are gaining traction, aligning with social responsibility and economic sustainability.

Legal frameworks and network effects shape the regulatory landscape, while pricing models and network effects influence market dynamics. The future of work is evolving, with freelancing platforms and task rabbiting shaping the gig economy. Blockchain technology and smart contracts offer potential solutions for trust, transparency, and decentralized finance. Insuring against risks and managing tax implications remain critical considerations. Continuous innovation and adaptation are essential for success in the market. Platforms must prioritize user experience, trust and safety, and operational efficiency while navigating regulatory frameworks and social impact.

How is this Sharing Economy Industry segmented?

The sharing economy industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Sharing accommodation
  Sharing transport
  Sharing finance
  Others


End-user

  Individual
  Business


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    China
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The sharing accommodation segment is estimated to witness significant growth during the forecast period.

The market in the US is characterized by robust competition among digital platforms that facilitate peer-to-peer transactions in various sectors, including accommodation, freelancing, and peer-to-peer lending. Sharing economy regulations continue to evolve, shaping the market's dynamics. In the accommodation sector, individuals rent or share their living spaces through online platforms, offering cost-effective, flexible alternatives to traditional lodging. This trend is particularly popular among budget-conscious consumers, students, and those seeking affordable short-term stays. Platform governance and user experience are crucial factors in building customer loyalty and trust. Digital identity and user reviews play a significant role in ensuring trust and safety.

Payment gateways enable seamless transactions, while machine learning and artificial intelligence power personalized recommendations and pricing models. The circular economy and sustainable consumption are gaining traction, with many platforms emphasizing the social impact of their services. Operational efficiency and security measures are essential for platform monetization. Community marketplaces and community building foster network effects, driving user acquisition and revenue streams. Peer-to-peer lending platforms offer alternative financing options, while task rabb

The U.S. Ocean Economy Market size was estimated at USD 394.57 billion in 2024 and is projected to grow at a CAGR of 6.3% from 2025 to 2034.

Silver Economy Market Outlook

The global market size of the Silver Economy was valued at approximately USD 5.5 trillion in 2023 and is projected to reach USD 8.5 trillion by 2032, growing at a CAGR of 5.0% from 2024 to 2032. The growth of this market is driven by a variety of factors, including the increasing elderly population worldwide, advancements in healthcare, and growing disposable income among seniors.

One of the primary growth factors of the Silver Economy market is the rapidly aging global population. According to the United Nations, the number of people aged 60 years or older is expected to more than double by 2050, reaching over 2.1 billion. This demographic shift is creating significant demand for products and services tailored to meet the unique needs of older adults. This trend is particularly pronounced in developed countries, where life expectancy is higher, and birth rates are lower, leading to an increasing proportion of elderly individuals.

Advancements in healthcare technology and services are another key driver of the Silver Economy market. Innovations in medical devices, telemedicine, and personalized healthcare solutions are improving the quality of life for older adults, enabling them to live healthier and longer lives. Moreover, the increasing prevalence of chronic diseases among the elderly population necessitates continuous medical care, thus fueling the demand for healthcare products and services designed for seniors.

Economic factors also play a crucial role in the growth of the Silver Economy market. Many older adults today have higher disposable incomes compared to previous generations, thanks to better retirement plans, savings, and investments. This financial stability allows them to spend more on healthcare, leisure, and other services that enhance their quality of life. Additionally, the growing trend of active aging, where seniors seek to remain physically and socially active, is driving demand for various leisure and entertainment options.

Regionally, the Silver Economy market is witnessing significant growth across various parts of the world. North America and Europe are currently leading the market due to their advanced healthcare systems, high life expectancy, and substantial elderly population. However, Asia Pacific is expected to witness the highest growth rate during the forecast period, driven by countries like Japan and China, which have rapidly aging populations and are investing heavily in elder care infrastructure.

Product Type Analysis

The Silver Economy market is segmented by product type into Healthcare, Financial Services, Housing, Transportation, Leisure and Entertainment, and Others. The Healthcare segment holds the largest market share due to the increasing need for medical care and services among the elderly population. This segment includes pharmaceuticals, medical devices, telehealth services, and elderly care facilities. The advancements in medical technology and the rising incidence of age-related diseases are further propelling the growth of this segment.

Financial Services is another significant segment within the Silver Economy market. As seniors seek to manage their retirement funds, estate planning, and investments, the demand for specialized financial products and services tailored to their unique needs is increasing. This segment includes retirement planning services, insurance products, and financial advisory services. The growing financial literacy among the elderly population and the need for secure and reliable financial solutions are key factors driving this segment.

Housing is also a critical component of the Silver Economy market. There is a growing demand for age-friendly housing solutions, including retirement communities, assisted living facilities, and modifications to existing homes to enhance accessibility and safety. This segment is witnessing growth due to the increasing preference of older adults to age in place and the need for specialized housing solutions that cater to their mobility and health requirements.

The Transportation segment is gaining traction as well, driven by the need for accessible and senior-friendly transportation options. This includes specialized public transport services, ride-sharing options tailored for seniors, and mobility aids such as scooters and wheelchairs. The focus on improving the independence and mobility of older adults is a significant factor contributing to the growth of this segment.

Leisure and Entertainment is an emer

Explore the Creator Economy Market: insights on trends, opportunities, and tools for creators to grow their brands and monetize their content effectively.

This statistic shows the share of economic sectors in the gross domestic product (GDP) of selected global regions in 2024. In the Euro area, agriculture contributed 1.52 percent, industry contributed approximately 21.57 percent and services contributed about 66.9 percent to the gross domestic product. See global GDP for comparison.

The Japan Ocean Economy Market size was estimated at USD 160.78 billion in 2024 and is anticipated to grow at a CAGR of 8.3% from 2025 to 2034.

The Circular Economy market is rapidly gaining traction as businesses and governments worldwide recognize the urgent need to transition from a traditional linear economic model to a more sustainable, regenerative approach. This innovative model emphasizes the principles of reduce, reuse, and recycle, aiming to minim

Global Sharing Economy market size was USD 145.22 Billion in 2022. Sharing Economy Industry's Compound Annual Growth Rate will be 32.6% from 2023 to 2030. What is driving the Sharing Economy Market?

The proliferation of advanced digital platforms and devices

In recent years, the sharing economy has changed the way individuals share and conduct transactions in digital areas. The recent technological advancements have enabled transactions to take place on demand, to be precisely measurable in time and thus more scalable, and to be dynamically matched through an online platform. Advanced digital platforms and devices, such as smartphones and high-speed internet, have increased connectivity. This connectivity enables sharing economy platforms to connect providers and consumers effortlessly. People can easily access sharing economy services through mobile apps or websites, facilitating resource and service sharing. Digital platforms provide users with easy access to information about available resources and services. Through sharing economy platforms, individuals can quickly find and compare options, making it convenient to rent or share assets. The availability of detailed listings, photos, reviews, and ratings helps users make informed decisions and build trust in the sharing economy ecosystem. The companies in the sharing economy are growing as a result of profound shifts in consumer behavior. One of the major players in sharing economy is Uber which has in just a few years completely transformed industries and became the largest player in the sharing economy. Uber manages around 157 000 rides globally on an average day. According to Uber, 131 million people used Uber in 2022, an 11% increase by 2021. Moreover, the increasing adoption of smartphones is supporting the growth of the sharing economy. Smartphones provide individuals with constant access to sharing economy platforms, enabling on-the-go booking, real-time communication with service providers, and instant updates. The convenience and mobility offered by smartphones have significantly expanded the reach and usage of sharing economy services. According to the source GSMA Intelligence, smartphones accounted for 68% of total mobile connections in 2020,8 compared to 64% in 2019 and 47% in 2016 across the world. Thus, the increasing usage of smartphones globally led to adopt the digital platforms, which in turn fuels the growth of the sharing economy. Furthermore, the development of advanced digital platforms prioritizes user experience and offers intuitive interfaces by allowing individuals to easily navigate and interact with the platforms. Companies are increasingly expanding their business in the shared mobility industry and developing innovative platforms for users. For instance, Force Motors launched a next-generation shared mobility platform called Urbania. The simplicity and convenience of these platforms make it easy for users to engage in sharing activities, accelerating the growth of the sharing economy market. These technological advancements for the development of cost-effective products have been contributing to driving the growth and adoption of sharing economy services.

Changing consumer preferences fuels the market growth


Rising focus on sustainability and environmental consciousness (Access Detailed Analysis in the Full Report Version)


Substantial growth of the entertainment industry (Access Detailed Analysis in the Full Report Version)

Introduction of Sharing Economy

The sharing economy is an economic model defined as a peer-to-peer (P2P) based activity of providing, acquiring, or sharing access to goods and services that is often facilitated by a community-based online platform. Sharing economy (SE) is a relatively new field of economics, gaining more traction from various industries. It has several applications in materials, transportation, hospitality, and sharing of information and knowledge. SE is related to various economic and environmental aspects such as sustainability, environment-friendly practices, circularity, less production, and more responsible use of resources. Sharing economy helps connect goods and services seekers with their providers using technology. It helps businesses reduce costs and increase efficiency along with environment-friendly choices for consumers. Further, some prominent factors that led to the boost of economy sharing are...

The Global Circular Economy Market is valued at around USD 553 billion in 2023 and is estimated to grow at a CAGR of about 13.19% during the forecast period 2024-30.

Contribution of industries to the economy and their use of transportation services to produce goods and services, including number of person employed in transportation occupations.

Burundi BI: GDP: Growth: Gross Value Added: Industry data was reported at 1.760 % in 2020. This records a decrease from the previous number of 2.100 % for 2019. Burundi BI: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging 1.981 % from Dec 1971 (Median) to 2020, with 50 observations. The data reached an all-time high of 24.436 % in 1977 and a record low of -18.470 % in 1994. Burundi BI: GDP: Growth: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Burundi – Table BI.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

The report on Sharing Economy covers a summarized study of several factors supporting market growth, such as market size, market type, major regions, and end-user applications. The report enables customers to recognize key drivers that influence and govern the market.

Check out Market Research Intellect's Silver Economy Market Report, valued at USD 2.5 trillion in 2024, with a projected growth to USD 3.8 trillion by 2033 at a CAGR of 5.4% (2026-2033).