- Open Office
- Hot Desks
- Serviced Office
- Manufacturing Space
- Virtual Office
Flexible Workspace Market size was valued at USD 7.3 billion in 2022 and is expected to reach USD 20.5 billion by 2029, at a CAGR of 15.90% during the forecast period 2023-2029. 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 workspacesâ€“ 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.
Fastest Growing Market
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.
The flexible workspace market key players are: 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
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.