The sharing economy has changed everything, and these 10 companies are at risk
AP
Business Insider last week compiled a list of the biggest winners in the booming sharing economy, based on a report published by Credit Suisse report Friday.
The 10 companies listed below are those that could lose out.
Carried by shifting consumer preferences for lower cost and eco-friendly alternatives, the sharing economy is likely to grow from $15 billion in 2013 to $335 billion by 2025, according to PWC.
And it's here to stay, according to the Credit Suisse note. Almost seven in ten adults in developed and emerging markets say they are willing to participate in the sharing economy, according to an AC Nielsen survey of 30,000 people cited in the note.
Even traditional companies such as Hyatt, Target, and Walgreens, are treating sharing companies as serious competition - or opportunities.
The likes of BMW, IKEA and Tesla have also jumped on board the sharing economy by establishing collaborations with existing sharing sector companies.
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