Global Flexible Office Market 2024-2028
The flexible office market is forecasted to grow by USD 28.32 bn during 2023-2028, accelerating at a CAGR of 9.2% during the forecast period. The report on the flexible office market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in shift towards remote and hybrid modes of work, expansion of commercial real estate sector, and increasing demand for cost-effective office spaces.
Technavio's flexible office market is segmented as below:
- By Type
- Coworking spaces
- Served offices
- Virtual offices
- Hybrid spaces
- By End-user
- IT
- BFSI
- Retail and consumer
- Others
- By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the rise in demand from tier two cities as one of the prime reasons driving the flexible office market growth during the next few years. Also, high demand for flexible office from startups and rising number of mergers and acquisitions among vendors will lead to sizable demand in the market.
The report on the flexible office market covers the following areas:
- Flexible office market sizing
- Flexible office market forecast
- Flexible office market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading flexible office market vendors that include Ally Spaces, Awfis Space Solutions Ltd., BizSpace Ltd, Bond Collective, CBRE Group Inc., Hub Australia Pty Ltd, Incuspaze Solutions Pvt Ltd., Industrious, International Workplace Group plc, Mindspace Ltd, Premier Office Centers, LLC, Serendipity Labs, Servcorp Ltd., Techspace Group Ltd., The Office Group, Tusker Workspace Pvt. Ltd, United Franchise Group, Vast Coworking Group, WeWork Inc, WOBA, and Workbar. Also, the flexible office market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.