Global Serviced Office Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Serviced Office Market Report by The Business Research Company covers serviced office market drivers and restraints, serviced office market size, major players, and the impact of COVID-19 on the serviced office market.
The serviced office market consists of offering of fully equipped office or office building, managed by the office provider and related services. Serviced office is provided with some services like dedicated receptionist, administrative support as well and 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 office and services provider.
Governments are increasingly supporting and funding start-ups and SMEs which is primarily contributing to the growth of serviced offices. The serviced office is a type of office which is supplied with each and everything needed for an office and it is offered on rent. Start-ups and SMEs will not have many funds, and time to build the office.
The global serviced office market is expected grow from $27 billion in 2020 to $32.9 billion in 2021 at a compound annual growth rate (CAGR) of 21.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $84.48 billion in 2025 at a CAGR of 27%.
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Some serviced office market trends include the serviced offices implementing the internet of things into their services. A smart serviced office came in most of the aspects as a serviced office except that smart serviced office is equipped with sensors, interactive devices, etc.
Global serviced office market segments include:
1) By Offering: Private Offices, Virtual offices, Others.
2) By Vertical: IT And Telcommunications, Media And Entertainment, Retail And Consumer Goods.
3) By Space provider: Big brands, Independent.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Serviced Office Global Market Report 2021: COVID 19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides serviced office market overviews, analyzes and forecasts market size, share, serviced office market players, serviced office market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The serviced office market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Serviced Office Global Market Report 2021: COVID 19 Growth And Change to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: 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, , This is a fragmented market there are many local players in each city and country. which contributes much of the market share.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The serviced office Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The serviced office Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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