# Professor Arun Sundararajan on the value of the sharing economy

1 Faculty News June 16, 2015 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg_0.jpg?itok=qy2YlnxP)>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/articles/2015-06-15/zipcar-shows-growth-of-sharing-economy-today-means-m-a-tomorrow) -- "Because there’s no precise definition of what’s included in the sharing economy, pinpointing its size is tough. According to a 2014 study by PricewaterhouseCoopers LLP, the sector had $15 billion in annual revenues in 2013, which could grow to $335 billion by 2025. [Arun Sundararajan](http://www.stern.nyu.edu/faculty/bio/arun-sundararajan), a professor at New York University’s Leonard N. Stern School of Business who researches the sharing economy, puts that number anywhere between $150 billion and $1 trillion in a 'few' years’ time."

[Read more](http://www.bloomberg.com/news/articles/2015-06-15/zipcar-shows-growth-of-sharing-economy-today-means-m-a-tomorrow)