Press release
Serviced Office Market And Its Detail Analysis By Focusing Top Companies Like WeWork Companies, Servcorp, Regus, IWG Plc
The global serviced office market is expected to decline from $30.06 billion in 2019 to $27.95 billion in 2020 at a compound annual growth rate (CAGR) of -7.02%. The decline is mainly due to the COVID-19 outbreak and the measures to contain. Government across the world mandated work-from-home for most of the organizations, while some which cannot work from home are shut down temporarily. The market is then expected to recover and reach $57.58 billion in 2023 at CAGR of 27.24%.
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The serviced office market consists of offering of fully equipped office or office building, managed by the office provider and related services. Serviced office are provided with some services like dedicated receptionist, administrative support as well and facilities like conference rooms, meeting rooms, air conditioning and other utilities. A serviced office is a furnished and fully-equipped pay-as-you-use office space, located in a building managed by the office and services provider.
The serviced office is a type of office which is supplied with each and everything needed for an office and it is offered on rent. Start-ups and SMEs will not have many funds, and time to build the office. Therefore, most of the firms move in Serviced offices or co-working spaces.
Serviced Office Market Segmentation: -
By Offering
1. Private Offices
2. Virtual offices
3. Others
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Few Points From Table Of Content
1. Executive Summary
2. Serviced Office Market Characteristics
3. Serviced Office Market Size And Growth
4. Serviced Office Market Segmentation
5. Serviced Office Market Regional And Country Analysis
...............
25. Serviced Office Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Serviced Office Market
27. Serviced Office Market Trends And Strategies
28. Serviced Office Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the serviced office market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the serviced office market are WeWork Companies, Servcorp, Regus, IWG Plc., Bizspace Ltd , Alley, Croissant, Davinci Virtual, Greendesk
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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