Around the world, a new wave of peer-to-peer, access-driven businesses is shaking up established categories. Whether borrowing goods, renting homes, or serving up micro-skills in exchange for access or money, consumers are showing a robust appetite for the sharing-based economy.

Sharing economies or Renting Marketplace like Sharetoss.comallow individuals and groups to make money from underused assets. In this way, physical assets are shared as services. For example, a car owner may allow someone to rent out her vehicle while she is not using it, or a condo owner may rent out his condo while he’s on vacation.

The ability to monetize underutilized assets, or to forgo buying those assets altogether, has dramatically upended consumer purchase behavior, particularly when it comes to big ticket items which has resulted in high growth of peer to peer site like Sharetoss.com.

“Gyms, event spaces, even restaurants that aren’t used during certain hours—all these have the potential to be opened up in the sharing economy.”

During the Survey (by PwC) people familiar with Shared economy or Renting Market perceive many benefits to it.

• 86% agree it makes life more affordable.
• 83% agree it makes life more convenient and efficient.
• 76% agree it’s better for the environment.
• 78% agree it builds a stronger community.
• 63% agree it is more fun engaging with individual than traditional companies.
• 89% agree it is based on trust between providers and users.
• 81% agree it is less expensive to share goods than to own them individually.
• 43% agree owning today feels like a burden.
• 57% agree access is the new ownership.

Source: (PwC)

People have always bartered and traded services, but the usability of this process is unprecedented thanks to the growing number of digital devices and peer to peer renting sites like Sharetoss.com that make matching demand and supply easier than ever.