Sharing Economy: Technology trends
Clinical Trials Arena May 26, 2022
Technology has emerged as the key enabler for the adoption of the sharing economy. Companies are now using global positioning system (GPS), data analytics, and artificial intelligence (AI) to connect consumers with owners in real-time.
Listed below are the technology trends impacting the sharing economy theme, as identified by GlobalData.
Social media and the sharing economy
Social media has significantly influenced the way people travel, dine, and shop. For example, travellers visit websites like TripAdvisor and Airbnb to plan their itineraries and look at ratings on Zomato before choosing a restaurant. Individuals active on social media are happy to trust others’ opinions online, which has been the backbone of the sharing economy. Online reviews posted on a website like TripAdvisor...