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The growing demand for flexible office spaces is expected to be a key driver of the serviced office market in the forecast period, as per The Business Research Company’s serviced office market opportunities and strategies report.

The serviced office market is expected to grow from $18.19 billion 2021 to $36.34 billion in 2026 at a rate of 14.8%. The global serviced office market size is then expected to grow at a CAGR of 14.0% from 2026 and reach $70.07 billion in 2031.

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Major players in the serviced office market include WeWork Inc, IWG plc, Servcorp, Compass Offices Greendesk.

Coworking spaces are becoming the satellite office these businesses are choosing. There are many benefits to going with a coworking space.

The Global Serviced Office Market Is Segmented:
By Offering: Private Offices, Virtual Offices, Others

By Vertical: IT And Telecommunications, Media And Entertainment, Financial Services, Professional Services, Other Verticals

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. Among these regions, North America is the largest region in the global serviced office market.

TBRC’s Serviced Office Market Report Covers:

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 (2016-21) and ten years forecast (2022-2026-2031)

The Serviced Office Market Report 2022 – Opportunities And Strategies – Global Forecast To 2031 is one of a series of new reports from The Business Research Company that provides thorough serviced office market research, analyzes and forecasts serviced office market size, serviced office market share, serviced office market players, serviced office market trends, serviced office market segmentation and geographies, leading competitor revenues, profiles and market shares.

TBRC’s serviced office market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

The serviced office market consists of offering a fully equipped office or office building, managed by the office provider and related services. A serviced office is provided with some services like a dedicated receptionist and administrative support, as well as 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.

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