It’s no secret that the sharing economy is growing—but this much?
A survey conducted by our friends at Allianz Global Assistance—the Sharing Economy Index—has revealed that the percentage of Americans “likely” or “somewhat likely” to use sharing economy services like Uber and Airbnb has tripled since 2015. Specifically, 50% of travelers described themselves as likely (26% “very”/25% “somewhat”) to use them in the coming year, compared to just 17% two years ago. Last year, in 2016, 36% of those polled saw sharing economy services in their future.
As seen in the infographic above, there’s more insight to be gathered from the data Allianz collected. In general, interest in sharing services is on the rise—as is familiarity. As seen below, 78% of Americans now describe themselves as familiar with such options.
Trust in sharing services, however, has a long way to go. Just 17% of people polled were willing to call themselves “very trusting” of them.
“In the years that we’ve conducted the Sharing Economy Index, it has been incredible to see the significant growth in familiarity and use of sharing economy services for summer travel,” said Daniel Durazo, director of communications at Allianz Global Assistance USA. “We’re seeing more and more travelers, especially millennials, utilizing services like Airbnb because they are seeking value and a locally authentic experience.”
Disclaimer: Johnny Jet works as an ambassador for Allianz Global Assistance (AGA Service Company) and receives financial compensation.
For more information about Allianz Global, visit AllianzTravelInsurance.com.