Co-working Space Market to reach USD 13.77 Bn by 2029, emerging at a CAGR of 6.80 percent and forecast (2022-2029)

The Global Co-Working Space Market size was valued at nearly USD 8.14 Bn in 2021 and is expected to grow at a CAGR of 6.80 percent over the forecast period 2021-2029, to reach USD 13.77 Bn in 2029, according to a new report from MMR.

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Co-working Space Market Report Scope and Research Methodology:

The report provides a comprehensive analysis of the Global Co-working Space Market including all the stakeholders of the industry. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

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Co-working Space Market Dynamics:

However, the global co-working space market is hampered by the rising number of people working remotely or work from home due to the COVID-19 lockdown. For example, in March 2021, various companies working from home because of COVID-19 crises, operators of co-working spaces have seen nearly 50 percent decline in footsteps. Moreover, in April 2021, consistent with the Business 2 Community publication, the number of people working from home or remotely has grown by 44 percent in the last 5 years. However, the number of people working remotely is extremely increased because of the COVID-19 lockdown over the last few months. Therefore, declining the revenues generated by the co-working spaces market during 2020.

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Co-working Space Market Regional Insights:

The U.S. is still leading as the biggest co-working space market with above 3,700 shared workspaces across the country, followed by India-2,197 spaces and the UK-1,044 spaces. Based on yearly growth in 2020, out of the largest co-working space markets, India & Germany are the two fastest-growing economies, followed by the U.S. and Canada.

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Co-working Space Market Segmentation
By Product:
• Open/ Conventional Coworking Spaces
• Corporate/ Professional Coworking Spaces
• Others

By Type:
• Finance
• Legal Services
• Marketing
• Real Estate
• Consulting Services
• Other

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Co-working Space Market Key Competitors include:
• Common Grounds Workplace
• Convene
• District Cowork
• Green Desk
• HackerLab
• Impact Hub
• Industrious
• Intelligent Office
• Knotel, Inc.
• Kr Space
• Make Office
• Mix Pace
• Novel Coworking
• Office Evolution
• Premier Workspaces
• Regus Corporation (IWG PLC)
• Serendipity Labs
• Servcorp Limited
• SimplyWork
• SOMAcentral
• TechSpace, Inc.
• UCOMMUNE
• Venture X
• Wework
• Your Alley

Table of Content for Co-working Space Market
1. Global Co-working Space Market: Research Methodology

2. Global Co-working Space Market: Executive Summary
• Market Overview and Definitions
o Introduction to Global Market
• Summary
o Key Findings
o Recommendations for Investors
o Recommendations for Market Leaders
o Recommendations for New Market Entry

3. Global Co-working Space Market: Competitive Analysis
• MMR Competition Matrix
o Market Structure by region
o Competitive Benchmarking of Key Players
• Consolidation in the Market
o M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
o North America
o Europe
o Asia Pacific
o Middle East and Africa
o South America
• COVID-19 Impact

4. Global Co-working Space Market Segmentation
• Global Market, by Product (2021-2029)
• Global Market, by Type (2021-2029)

5. Regional Co-working Space Market (2021-2029)
• Regional Market, by Product (2021-2029)
• Regional Market, by Type (2021-2029)
• Regional Market, by Country (2021-2029)

6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments

Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product and Type
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
 Competitive landscape - Market Leaders, Market Followers, Regional player
 Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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