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Serviced Offices in the UK - Industry Market Research Report

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    Report

  • 68 Pages
  • October 2023
  • Region: United Kingdom
  • IBISWorld
  • ID: 4591391

Hybrid working: The growing need for flexible and collaborative workspaces is fuelling demand

Serviced Offices in the UK

Large companies IWG and WeWork have a strong foothold in the serviced office industry, as they can afford to lease prime Central London locations and expand rapidly. Packages vary from daily access, monthly memberships, yearly desk area rental and whole floors with the main value add being cancellation flexibility and low monthly prices.

Companies in the industry rent or lease fully furnished and fully operational offices to businesses on a short- or long-term basis. The provision of virtual office services is also included in this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Major Markets
  • Globalisation & Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Barriers to Entry
MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • IWG plc

Methodology

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