Flexible Office Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	170 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19260786

Best Price Guarantee
Price	from $4,850
Length	170 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19260786

Flexible Office Market

Growth Factors of Flexible Office Market

The flexible office market size was valued at USD 30.72 billion in 2022, and the market is now projected to grow from USD 34.75 billion in 2023 to USD 96.77 billion by 2030, exhibiting a CAGR of 15.76% during the forecast period of 2023-2030.

The COVID-19 pandemic expressively impacted the market, presenting challenges and prospects. Many co working office spaces were provisionally shut or operated at reduced volume during lockdowns and social isolation measures, resultant in a drop in revenue for these office suppliers. Moreover, with the upsurge in remote work, some firms reduced their demand for office space, producing a provisional drop in occupancy charges.

The rising popularity of small businesses and freelancers has expressively impacted the demand for co working spaces. Minor businesses and freelancers frequently face budget limitations, making these spaces a cost-effective solution that delivers access to skilled work surroundings without the overhead costs related with traditional workplace occupancies. This cost savings is particularly eye-catching to startups and entities looking to achieve their costs professionally.

A growing number of individuals place superior significance on the quality of their work setting. They emphasis on factors such as flexibility, space design, location, technology, services/amenities, and health & wellness activities. People are looking for adventure and isolated work in comfortable conditions, which has led to the popularity of hotel-style co working spaces such as zoku and hotels such as virgin that deliver all vital facilities in one building. Thus, hotel-style co operational space brands are on the upsurge. Furthermore, the demand for technology focused co working space is rising continuously which upsurge the flexible office market growth.

Comprehensive Analysis of Flexible Office Market

The market can be segmented in various ways, depending on the focus of analysis such as by type, by stage and by application. Based on type, the market is classified into dedicated spaces, on demand, and all access. Based on the industry, the market is segmented into IT/ITES, BFSI, retail & consumers, and others. Based on the application, the market is segmented into large enterprises, SMEs (small and medium-sized businesses), and start-ups/freelancers.

Asia Pacific region is dominating the flexible office market share due to government support and upgrade of flexible workstations, supporting market development.

The key players are enthusiastically contributing in planned events that are targeted at maintaining durable market position and growing market share by merger, partnerships and others. These players include IWG (Switzerland), WeWork Companies LLC (U.S.), Newmark (U.K.), Industrious (U.S.), Desana (Scotland), LiquidSpace (U.S.), Flex by JLL (U.S.), BHIVE Workspace (India), SmartWorks (India), ServCorp (Australia), Hubble (U.K.) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.

In January 2023, JLL broadcast that it had embark on the property management operations and renting efforts for gaseteria works, a boutique flex office and co-working office situated in the U.S. This ability had unlocked earlier in January 2023.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 15.76% from 2023 to 2030

Unit Value (USD Billion)

Segmentation

By Product Type

On Demand

All Access

Dedicated Spaces

By Industry

IT/ITES

BFSI

Retail & Consumer

Others

By Application

Large Enterprises

SMSs

Start-up/Freelancers

By Geography

North America (By Type, Industry, Application, and Country)

U.S.

Canada

Mexico

Europe (By Type, Industry, Application and Country)

U.K.

Germany

France

Italy

Spain

Rest of Europe

Asia Pacific (By Type, Industry, Application, and Country)

China

India

Japan

Australia

Rest of Asia Pacific

South America (By Type, Industry, Application, and Country)

Brazil

Argentina

Rest of South America

The Middle East and Africa (By Type, Industry, Application, and Country)

South Africa

UAE

Rest of the Middle East & Africa

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1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities; 3.4. Emerging Trends
4. Key Insights: 4.1. Shift from Traditional to Flexible Office Qualitative & Quantitative Insights; 4.2. Penetration of Flexible Offices and Global Occupancy Rate; 4.3. Key Industry Developments Mergers, Acquisitions and Partnerships; 4.4. Technological Developments and Upcoming Technological Innovations; 4.5. Global Flexible Market SWOT Analysis; 4.6. Qualitative Analysis (In relation to COVID-19); 4.7. Flexible Office Operator Analysis and Challenges Faced by Operators
5. Global Flexible Office Market Analysis, Insights and Forecast, 2019-2030: 5.1. Key Findings / Summary; 5.2. Market Size Estimates and Forecast; 5.2.1. By Type (Value); 5.2.1.1. On Demand; 5.2.1.2. All Access; 5.2.1.3. Dedicated Spaces; 5.2.2. By Industry (Value); 5.2.2.1. IT/ITES; 5.2.2.2. BFSI; 5.2.2.3. Retail & Consumer; 5.2.2.4. Others; 5.2.3. By Application (Value); 5.2.3.1. Large Enterprises; 5.2.3.2. SMEs; 5.2.3.3. Start-ups/Freelancers; 5.2.4. By Region (Value); 5.2.4.1. North America; 5.2.4.2. Europe; 5.2.4.3. Asia Pacific; 5.2.4.4. South America; 5.2.4.5. Middle East & Africa
6. North America Flexible Office Market Analysis, Insights and Forecast, 2019-2030: 6.1. Key Findings / Summary; 6.2. Market Size Estimates and Forecast; 6.2.1. By Type (Value); 6.2.1.1. On Demand; 6.2.1.2. All Access; 6.2.1.3. Dedicated Spaces; 6.2.2. By Industry (Value); 6.2.2.1. IT/ITES; 6.2.2.2. BFSI; 6.2.2.3. Retail & Consumer; 6.2.2.4. Others; 6.2.3. By Application (Value); 6.2.3.1. Large Enterprises; 6.2.3.2. SMEs; 6.2.3.3. Start-ups/Freelancers; 6.2.4. By Country (Value); 6.2.4.1. U.S.; 6.2.4.2. Canada; 6.2.4.3. Mexico
7. Europe Flexible Office Market Analysis, Insights and Forecast, 2019-2030: 7.1. Key Findings / Summary; 7.2. Market Size Estimates and Forecast; 7.2.1. By Type (Value); 7.2.1.1. On Demand; 7.2.1.2. All Access; 7.2.1.3. Dedicated Spaces; 7.2.2. By Industry (Value); 7.2.2.1. IT/ITES; 7.2.2.2. BFSI; 7.2.2.3. Retail & Consumer; 7.2.2.4. Others; 7.2.3. By Application (Value); 7.2.3.1. Large Enterprises; 7.2.3.2. SMEs; 7.2.3.3. Start-ups/Freelancers; 7.2.4. By Country (Value); 7.2.4.1. Germany; 7.2.4.2. France; 7.2.4.3. Italy; 7.2.4.4. Spain; 7.2.4.5. U.K.; 7.2.4.6. Rest of Europe
8. Asia Pacific Flexible Office Market Analysis, Insights and Forecast, 2019-2030: 8.1. Key Findings / Summary; 8.2. Market Size Estimates and Forecast; 8.2.1. By Type (Value); 8.2.1.1. On Demand; 8.2.1.2. All Access; 8.2.1.3. Dedicated Spaces; 8.2.2. By Industry (Value); 8.2.2.1. IT/ITES; 8.2.2.2. BFSI; 8.2.2.3. Retail & Consumer; 8.2.2.4. Others; 8.2.3. By Application (Value); 8.2.3.1. Large Enterprises; 8.2.3.2. SMEs; 8.2.3.3. Start-ups/Freelancers; 8.2.4. By Country (Value); 8.2.4.1. China; 8.2.4.2. India; 8.2.4.3. Japan; 8.2.4.4. Australia; 8.2.4.5. Rest of Asia Pacific
9. South America Flexible Office Market Analysis, Insights and Forecast, 2019-2030: 9.1. Key Findings / Summary; 9.2. Market Size Estimates and Forecast; 9.2.1. By Type (Value); 9.2.1.1. On Demand; 9.2.1.2. All Access; 9.2.1.3. Dedicated Spaces; 9.2.2. By Industry (Value); 9.2.2.1. IT/ITES; 9.2.2.2. BFSI; 9.2.2.3. Retail & Consumer; 9.2.2.4. Others; 9.2.3. By Application (Value); 9.2.3.1. Large Enterprises; 9.2.3.2. SMEs; 9.2.3.3. Start-ups/Freelancers; 9.2.4. By Country (Value); 9.2.4.1. Brazil; 9.2.4.2. Argentina; 9.2.4.3. Rest of South America
10. Middle East & Africa Flexible Office Market Analysis, Insights and Forecast, 2019-2030: 10.1. Key Findings / Summary; 10.2. Market Size Estimates and Forecast; 10.2.1. By Type (Value); 10.2.1.1. On Demand; 10.2.1.2. All Access; 10.2.1.3. Dedicated Spaces; 10.2.2. By Industry (Value); 10.2.2.1. IT/ITES; 10.2.2.2. BFSI; 10.2.2.3. Retail & Consumer; 10.2.2.4. Others; 10.2.3. By Application (Value); 10.2.3.1. Large Enterprises; 10.2.3.2. SMEs; 10.2.3.3. Start-ups/Freelancers; 10.2.4. By Country (Value); 10.2.4.1. South Africa; 10.2.4.2. UAE; 10.2.4.3. Rest of Middle East & Africa
11. Competitive Matrix: 11.1. Key Strategies Adopted by Fllexible Office Companies; 11.2. Global Flexible Office Market Ranking Analysis, 2022
12. Company Profiles: 12.1. International Workspace Group; 12.1.1. Overview; 12.1.2. Description; 12.1.3. Product Portfolio; 12.1.4. Financials (Data as available in public domain and/or on paid databases); 12.1.5. Recent Developments; 12.2. WeWork; 12.2.1. Overview; 12.2.2. Description; 12.2.3. Product Portfolio; 12.2.4. Financials (Data as available in public domain and/or on paid databases); 12.2.5. Recent Developments; 12.3. Newmark (Knotel); 12.3.1. Overview; 12.3.2. Description; 12.3.3. Product Portfolio; 12.3.4. Financials (Data as available in public domain and/or on paid databases); 12.3.5. Recent Developments; 12.4. Industrious Office; 12.4.1. Overview; 12.4.2. Description; 12.4.3. Product Portfolio; 12.4.4. Financials (Data as available in public domain and/or on paid databases); 12.4.5. Recent Developments; 12.5. Desana; 12.5.1. Overview; 12.5.2. Description; 12.5.3. Product Portfolio; 12.5.4. Financials (Data as available in public domain and/or on paid databases); 12.5.5. Recent Developments; 12.6. LiquidSpace; 12.6.1. Overview; 12.6.2. Description; 12.6.3. Product Portfolio; 12.6.4. Financials (Data as available in public domain and/or on paid databases); 12.6.5. Recent Developments; 12.7. Flex by JLL; 12.7.1. Overview; 12.7.2. Description; 12.7.3. Product Portfolio; 12.7.4. Financials (Data as available in public domain and/or on paid databases); 12.7.5. Recent Developments; 12.8. BHIVE Workspace; 12.8.1. Overview; 12.8.2. Description; 12.8.3. Product Portfolio; 12.8.4. Financials (Data as available in public domain and/or on paid databases); 12.8.5. Recent Developments; 12.9. SmartWorks; 12.9.1. Overview; 12.9.2. Description; 12.9.3. Product Portfolio; 12.9.4. Financials (Data as available in public domain and/or on paid databases); 12.9.5. Recent Developments; 12.10. ServCorp; 12.10.1. Overview; 12.10.2. Description; 12.10.3. Product Portfolio; 12.10.4. Financials (Data as available in public domain and/or on paid databases); 12.10.5. Recent Developments; 12.11. Hubble; 12.11.1. Overview; 12.11.2. Description; 12.11.3. Product Portfolio; 12.11.4. Financials (Data as available in public domain and/or on paid databases); 12.11.5. Recent Developments