Insight Report 12 minutes PremiumQuick Take: The Boom in Marketplace Platforms Coresight Research May 14, 2018 Executive SummaryIn this report, we review the different types of marketplace platforms. Platform provider revenues in the global sharing economy are expected to more than double from $18.6 billion in 2017 to $40.2 billion in 2022, according to data from Juniper Research. Marketplaces are about much more than just selling products. Portals serve demand among consumers for resale and rental of products, as well as for finding and booking services. Service industries, especially those purchased by consumers, such as local restaurants and hair salons, have traditionally been fragmented. Marketplaces aggregate these providers, making it much easier for shoppers to find, compare and book services. We think the ease that these platforms bring has been one reason for strong growth in spending on discretionary services in the US in recent years: it is now as easy to buy services as it has long been to buy products. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: The Future of AI, Supply Chains and Sustainability: Insights from CES 2025Earnings Insights 4Q24, Week 1: Levi Strauss, P&G, Walgreens and Others Post Sales Growth, While Burberry and Kimberly-Clark Report DeclinesDeepSeek: The Chinese AI Startup That Has Overtaken ChatGPT on Apple’s App StoreHoliday 2024: US Retail Wrap-Up—Apparel and Amazon Dominate Spending