Serviced Office Market Research Study, Latest Trends, Future Prospects And Growth Drivers Forecast To 2030
The serviced office market report describes and explains the global serviced office market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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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 is 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 global serviced office market is expected grow from $27 billion in 2020 to $32.9 billion in 2021 at a compound annual growth rate (CAGR) of 21.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $84.48 billion in 2025 at a CAGR of 27%.
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Some of the major players of serviced office market are WeWork Companies, Servcorp, Regus, IWG Plc., Bizspace Ltd, Alley, Croissant, Davinci Virtual, Greendesk, Hubble, Instant, JustCo, LiquidSpace, Office Freedom, Serendipity Labs, ShareDesk, TechSpace, The Office Group, Breather Inc, Knotel. This is a fragmented market with many local players in each city and country which contributes much of the market share.
The countries covered in the serviced office market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The regions covered in the serviced office market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global serviced office market is segmented –
1) By Offering: Private Offices, Virtual Offices, Others
2) By Vertical: IT and Telecommunications, Media and Entertainment, Retail and Consumer Goods
3) By Space Provider: Big Brands, Independent
Read More On The Global Serviced Office Market Report:
Few Points From Table Of Content
1. Executive Summary
2. Serviced Office Market Characteristics
3. Serviced Office Market Trends And Strategies
4. Impact Of COVID-19 On Serviced Office
5. Serviced Office Market Size And Growth
26. Africa Serviced Office Market
27. Serviced Office Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Serviced Office Market
29. Serviced Office Market Future Outlook and Potential Analysis
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