Flexible Workspace Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Flexible Workspace Market, By Type (Co-working, Open Office, Hot Desks, Serviced Office, Manufacturing Space, Virtual Office), End User (IT, Education, Media, Manufacturing) and Geography

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Report

Description

Flexible Workspace Market size is valued at USD 7.3 billion in 2021 and is expected to reach USD 20.5 billion by 2028, at a CAGR of 15.90% during the forecast period 2022-2028. The Global Flexible Workspace Industry is expected to grow as a result of rising use and popularity among various advertising and media agencies, technological businesses, and startups, all of which are driving this market forward. The Global Flexible Workspace Market study offers a comprehensive analysis of the industry. The research includes a detailed analysis of key segments, trends, drivers, constraints, the competitive landscape, and other important market variables. Flexible workspaces have become increasingly popular as the corporate landscape has changed over the last decade. Furthermore, the remote working trend has altered gears in recent years, resulting in significant development in demand for flexible workspaces– a factor that is likely to propel the worldwide flexible workspace market forward during the forecast period. Furthermore, the prospect of working from a flexible workspace has become a reality thanks to the increased prevalence of high-speed Internet across big centres in both developed and developing nations. The rise in the number of open floor plan office spaces, as well as the introduction of a number of co-working spaces, has had a significant impact on the worldwide flexible workspace market’s overall growth. Another key element that is anticipated to bolster the expansion of startups is the thriving startup culture in numerous parts of the world.

Flexible Workspace Market

MARKET SUMMARY
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15.90%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 15.90%
  • Largest Market– North-America
  • Fastest Growing Market– Europe

Flexible Workspace Market

  • The global flexible workspace market report gives comprehensive outlook on flexible workspace market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global flexible workspace market gives historical, current, and future market sizes (US$ Mn) on the basis of type, end-user and Region.
key players
  • WeWork Companies Inc.,
  • Awfis Space Solutions Pvt Ltd.,
  • Servcorp Limited,
  • Bizspace Limited,
  • IWG plc.,
  • Garage Society,
  • The Great Room Offices
Flexible Workspace Market

DRIVERS AND RESTRAINTS

The study extensively uses both secondary and primary research methodologies. More than 50 industry experts from different phases of the value chain (supply side, demand side, resellers/distributors, and independent consultants) were interviewed to gain key insights about the market and validate the research findings. Secondary sources referred for the research study include company websites, annual reports, paid database tools, investor presentations, webinars, blogs, news/journals, whitepapers, survey papers, associations, and government websites. All the collected data and insights were then processed using our proprietary data mining software that executes various algorithms to make projections for the forecasted period.


North-America got significant share

Flexible Workspace Market

The Global Flexible Workspace Market is divided into four regions based on regional analysis: North America, Europe, Asia Pacific, and the Rest of the World. North America will command the highest share of the market. due to the existence of contemporary infrastructure capabilities and a number of top-tier corporate houses in the area Furthermore, Americans have a proclivity for quickly adopting new technologies.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Flexible Workspace Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content


Report

Company Profile

  • BE Offices Limited
  • Bizspace Limited
  • Flexspace
  • Fora Space Ltd.
  • IWG plc.
  • JustCo
  • OfficeRnD Ltd
  • Servcorp Limited
  • Space&Co.
  • Spaces
  • The Great Room Offices
  • The Working Capito
  • Victory Offices Limited.
  • WeWork Companies Inc.
  • WOTSO Limited

Description

Flexible Workspace Market size is valued at USD 7.3 billion in 2021 and is expected to reach USD 20.5 billion by 2028, at a CAGR of 15.90% during the forecast period 2022-2028. The Global Flexible Workspace Industry is expected to grow as a result of rising use and popularity among various advertising and media agencies, technological businesses, and startups, all of which are driving this market forward. The Global Flexible Workspace Market study offers a comprehensive analysis of the industry. The research includes a detailed analysis of key segments, trends, drivers, constraints, the competitive landscape, and other important market variables. Flexible workspaces have become increasingly popular as the corporate landscape has changed over the last decade. Furthermore, the remote working trend has altered gears in recent years, resulting in significant development in demand for flexible workspaces– a factor that is likely to propel the worldwide flexible workspace market forward during the forecast period. Furthermore, the prospect of working from a flexible workspace has become a reality thanks to the increased prevalence of high-speed Internet across big centres in both developed and developing nations. The rise in the number of open floor plan office spaces, as well as the introduction of a number of co-working spaces, has had a significant impact on the worldwide flexible workspace market’s overall growth. Another key element that is anticipated to bolster the expansion of startups is the thriving startup culture in numerous parts of the world.

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