Industry Overview - The gig economy has redefined traditional work schedules, offering flexibility and freedom for workers to set their hours and workload, gaining traction post-2008 financial crisis and surging after the pandemic [1][4] - The global gig economy market was valued at approximately $560 billion in 2024, with North America accounting for over 40% of this market share, projected to grow at a compound annual growth rate of 17.2% from 2024 to 2031 [4] Company Insights - Amazon: Plays a significant role in the gig economy through programs like Flex, Delivery Service Partners (DSP), Mechanical Turk (MTurk), and Amazon Web Services (AWS), with a projected year-over-year sales growth of 10.8% and EPS growth of 20% by 2025 [6][8] - DoorDash: Dominates the U.S. food delivery market with over 65% market share, offering flexible work opportunities for Dashers and projected year-over-year sales growth of 19% and EPS growth of 571% by 2025 [9][10][11] - Lyft: A leading player in the ride-hailing segment, focusing on sustainability and partnerships to fuel growth, with projected year-over-year sales growth of 16% and EPS growth of 17% by 2025 [12][14]
Top Gig Economy Stocks to Invest in Right Now