People are becoming more interested in creating a peer to peer marketplace as decentralization and the sharing economy gain in popularity. Today, there are hundreds of Peer to Peer marketplaces that cater to all of the demands of modern people.
According to research, the eCommerce sector is increasing at a rate of 17-18% every year. People are increasingly purchasing goods and services online, indicating that e-commerce is both a successful investment and a useful business tool.
Traditional internet retailers, on the other hand, are progressively giving way to peer to peer marketplace platforms, which are rapidly growing in popularity. According to PwC, the “sharing economy” would be worth $355 billion by 2025.
With a 14 % revenue increase in 2021, marketplaces are remaining steadfast amid the COVID-19 pandemic.
