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Serviced Office Global Market Report 2020-30: COVID-19 Growth and Change

  • ID: 5050673
  • Report
  • May 2020
  • Region: Global
  • The Business Research Company

FEATURED COMPANIES

  • Alley
  • Croissant
  • Hubble
  • JustCo
  • Office Freedom
  • Servcorp
  • MORE
Serviced Office Global Market Report 2020: COVID-19 Growth and Change provides the strategists, marketers and senior management with the critical information they need to assess the global serviced office market.

This report focuses on the serviced office market which is experiencing strong growth. the report gives a guide to the serviced office market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:

Where is the largest and fastest growing market for the serviced office? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? the Serviced office global market report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. it traces the market’s historic and forecast market growth by geography. it places the market within the context of the wider serviced office market, and compares it with other markets.
  • the market characteristics section of the report defines and explains the market.
  • the market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • the regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. it covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • the trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • the serviced office market section of the report gives context. it compares the serviced office market with other segments of the serviced office market by size and growth, historic and forecast. it analyses GDP proportion, expenditure per capita, serviced office indicators comparison.
Scope

Markets Covered:
1) by Offering: Private Offices; Virtual offices; Others
2) by Vertical: IT and Telcommunications; Media and Entertainment; Retail and consummer goods
3) by Space provider: Big brands; Independent

Companies Mentioned: WeWork Companies; Servcorp; Regus; IWG Plc.; Bizspace Ltd

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

This report will be delivered within 1-3 business days.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Alley
  • Croissant
  • Hubble
  • JustCo
  • Office Freedom
  • Servcorp
  • MORE
1. Executive Summary

2. Serviced Office Market Characteristics

3. Serviced Office Market Size And Growth
3.1. Global Serviced Office Historic Market, 2015 - 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Serviced Office Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market

4. Serviced Office Market Segmentation
4.1. Global Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Private Offices
  • Virtual offices
  • Others
4.2. Global Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • IT and Telcommunications
  • Media and Entertainment
  • Retail and consummer goods
4.3. Global Serviced Office Market, Segmentation By Space provider, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Big Brands
  • Independent
5. Serviced Office Market Regional And Country Analysis
5.1. Global Serviced Office Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Serviced Office Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

6. Asia-Pacific Serviced Office Market
6.1. Asia-Pacific Serviced Office Market Overview
6.2. Asia-Pacific Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
6.3. Asia-Pacific Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

7. China Serviced Office Market
7.1. China Serviced Office Market Overview
7.2. China Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion
7.3. China Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

8. India Serviced Office Market
8.1. India Serviced Office Market Overview
8.2. India Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
8.3. India Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

9. Japan Serviced Office Market
9.1. Japan Serviced Office Market Overview
9.2. Japan Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
9.3. Japan Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

10. Australia Serviced Office Market
10.1. Australia Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
10.2. Australia Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

11. Indonesia Serviced Office Market
11.1. Indonesia Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
11.2. Indonesia Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

12. South Korea Serviced Office Market
12.1. South Korea Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
12.2. South Korea Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

13. Western Europe Serviced Office Market
13.1. Western Europe Serviced Office Market Overview
13.2. Western Europe Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
13.3. Western Europe Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

14. UK Serviced Office Market
14.1. UK Serviced Office Market Overview
14.2. UK Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
14.3. UK Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

15. Germany Serviced Office Market
15.1. Germany Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
15.2. Germany Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

16. France Serviced Office Market
16.4. France Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
16.5. France Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

17. Eastern Europe Serviced Office Market
17.1. Eastern Europe Serviced Office Market Overview
17.2. Eastern Europe Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
17.3. Eastern Europe Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

18. Russia Serviced Office Market
18.1. Russia Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
18.2. Russia Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

19. North America Serviced Office Market
19.1. North America Serviced Office Market Overview
19.2. North America Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
19.3. North America Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

20. USA Serviced Office Market
20.1. USA Serviced Office Market Overview
20.2. USA Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
20.3. USA Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

21. South America Serviced Office Market
21.1. South America Serviced Office Market Overview
21.2. South America Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
21.3. South America Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

22. Brazil Serviced Office Market
22.1. Brazil Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
22.2. Brazil Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

23. Middle East Serviced Office Market
23.1. Middle East Serviced Office Market Overview
23.2. Middle East Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
23.3. Middle East Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

24. Africa Serviced Office Market
24.1. Africa Serviced Office Market Overview
24.2. Africa Serviced Office Market, Segmentation By Offering, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
24.3. Africa Serviced Office Market, Segmentation By Vertical, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

25. Serviced Office Market Competitive Landscape And Company Profiles
25.1. Serviced Office Market Competitive Landscape
25.2. Serviced Office Market Company Profiles
25.2.1. WeWork Companies
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. Servcorp
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. Regus
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. IWG Plc.
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. Bizspace Ltd
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance

26. Key Mergers And Acquisitions In The Serviced Office Market

27. Serviced Office Market Trends And Strategies

28. Serviced Office Market Future Outlook and Potential Analysis

29. Appendix
29.1. Abbreviations
29.2. Currencies
29.3. Research Inquiries
29.4. About the Publisher
29.5. Copyright And Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Alley
  • Croissant
  • Hubble
  • JustCo
  • Office Freedom
  • Servcorp
  • MORE
Major players in the serviced office market are WeWork Companies, Servcorp, Regus, IWG Plc., Bizspace Ltd, Alley, Croissant, Davinci Virtual, and Greendesk.

The global serviced office market is expected to decline from $30.06 billion in 2019 to $27.95 billion in 2020 at a compound annual growth rate (CAGR) of -7.02%. The decline is mainly due to the COVID-19 outbreak and the measures to contain. Government across the world mandated work-from-home for most of the organizations, while some which cannot work from home are shut down temporarily. The market is then expected to recover and reach $57.58 billion in 2023 at CAGR of 27.24%.

The serviced office market consists of office spaces or office buildings that are fully equipped and managed by the office provider and provide related services. Serviced offices are provided with regular services like dedicated receptionist, administrative support along with facilities like conference rooms, meeting rooms, air conditioning and other utilities. A serviced office is a furnished and fully-equipped pay-as-you-use office space, located in a building managed by the services provider.

Europe was the largest region in the serviced office market in 2019. Asia-Pacific is expected to be the fastest growing region in the forecast period.

In January 2019, a Philippines-based flexible offices space online marketplace FlySpaces acquired Quickspace, for an undisclosed amount. Quickspace is a Hong Kong based serviced office provider. The acquisition will help FlySpaces to expand the operation and accelerate growth in Hong Kong.

The serviced office market covered in this report is segmented by offering into private offices, virtual offices, others. It is also segmented by vertical into IT and telecommunications, media and entertainment, retail and consumer goods and by space provider into big brands, independent.

Lack of available space in some cities has always been a major challenge in the serviced office market. In recent years, the availability of large conventional spaces in well-developed countries has been decreasing and land rate in desired locations is increasing due to which the serviced office provider firm is not able to afford to buy and supply the offices with basic needs under profitable margins. Lack of large spaces can harm the serviced office market.

The serviced offices are implementing internet-of-things (IoT) into their services. A smart serviced office is same in most of the aspects as a serviced office except that smart serviced office is equipped with sensors, interactive devices, etc. For companies that are concerned about costs, the smart serviced office provides management services with the use of technology. For instance, an empty meeting room or a quiet area within the smart serviced office can be found easily using sensors. There are many advantages with IoT in the serviced office. Smart serviced offices offer several advantages such as improved time management, efficiency and reduced operational cost.

Governments are increasingly supporting and funding start-ups and SMEs which is primarily contributing to the growth of serviced offices. The serviced office is usually supplied with each and everything needed for an office and it is offered on rent. Start-ups and SMEs will not have huge funds and time to build the office. Therefore, most of the firms move in serviced offices or co-working spaces. According to the World Bank, there are 400-500 million SMEs and startups across the globe, and the number is increasing day by day due to extensive support by governments. Increased government support and funds for startups and SMEs boosted the demand for the serviced office market.
Note: Product cover images may vary from those shown
  • WeWork Companies
  • Servcorp
  • Regus
  • IWG Plc.
  • Bizspace Ltd
  • Alley
  • Croissant
  • Davinci Virtual
  • Greendesk
  • Hubble
  • Instant
  • JustCo
  • LiquidSpace
  • Office Freedom
  • Serendipity Labs
  • ShareDesk
  • TechSpace
  • The Office Group
  • Breather Inc
  • Knotel
Note: Product cover images may vary from those shown

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