Market Overview:
The global flexible office market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for co-working spaces and virtual offices, and the growing trend of remote working. The private offices segment is expected to account for the largest share of the global flexible office market in 2018. This segment is projected to grow at a CAGR of X.X% during the forecast period. The co-working spaces segment is projected to grow at a CAGR of X.X% during the forecast period. The IT and telecommunications sector accounted for the largest share of flex space demand in 2017, owing to factors such as rising adoption rates for coworking among technology startups and freelancers, as well as large enterprises seeking more agile workplace solutions that can accommodate rapidly changing business needs; this trend is expected continue duringthe forecast period .
Product Definition:
A flexible office is an office space that can be easily reconfigured to accommodate the needs of the business. This could include changing the layout of the space, adding or removing walls, and choosing furniture that can be moved around easily. A flexible office is important because it allows businesses to adapt to changes in their workforce and workflow.
Private Offices:
Private offices are used by companies to provide an office environment for the individual working at that particular place. It can be a room within a larger office or a suite of rooms in an apartment-like setup. The private offices market is driven by factors such as increasing demand from small and medium enterprises, flexible work culture, growing trend of remote working and need for collaboration space among other employees.
Co-Working Spaces:
Co-working spaces are also known as flex offices or collaborative office. It is a type of workspace where multiple companies can share space and resources such as equipment, utilities, and copiers. The concept was first introduced in Europe and has been gaining popularity since then.
Application Insights:
The IT and telecommunications segment accounted for the largest market share in 2017. The growth can be attributed to the increasing demand for flexible office spaces by companies within this sector. Telecom operators are increasingly focusing on building their presences in emerging economies including China, India and Brazil to capitalize on the growing internet population within these countries. For instance, in July 2018, Workfrom Ltd., a virtual office service provider based out of U.K., announced its partnership with Oyo Rooms India Pvt. Ltd., a hospitality services company operating across various cities of India such as Bengaluru, Mumbai and Delhi among others). This partnership enabled Oyo Rooms employees to work from home by using Workfrom¢â‚¬â„¢s global network of offices which comprises more than 1,000 locations globally (excluding U.S.).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing an increasing number of working individuals, along with a growing demand for flexible office spaces. Furthermore, countries such as China and Japan are among the top 10 countries having most expensive real estate markets globally. This factor is anticipated to boost demand for flexible offices in this region over the forecast period.
North America accounted for more than 25% share of total revenue in 2017 owing to high acceptance of innovative solutions by end users coupled with their need to manage workflow efficiently amidst hectic work schedules. In addition, companies based out of U.S., such as Google Inc.; Facebook; Apple Inc.; and Microsoft Corporation have been offering on-site Flexible Workplaces services across major cities in U.S.
Growth Factors:
- Increased demand for workplace flexibility and remote working arrangements from employees – driven by the desire for a better work/life balance and the need to reduce commuting time and costs.
- The growth of the freelance, contract, and gig economy, which is increasing demand for flexible office space that can accommodate short-term or project-based work arrangements.
- The rise of co-working spaces, which are providing more affordable alternatives to traditional office space and helping to drive down vacancy rates in prime locations.
- Advances in technology that are making it easier for businesses to operate remotely or from multiple locations, reducing the need for dedicated office space.
- Growing interest from institutional investors in flexible office assets as a stable investment vehicle with strong potential for capital appreciation
Scope Of The Report
Report Attributes
Report Details
Report Title
Flexible Office Market Research Report
By Type
Private Offices, Co-Working Spaces, Virtual Offices, Others
By Application
IT and Telecommunications, Media and Entertainment, Retail and Consumer Goods, Others
By Companies
Alley, Croissant, Davinci Virtual, Greendesk, Hubble, Instant, JustCo, LiquidSpace, Office Freedom, Regus Group, Serendipity Labs
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Flexible Office Market Report Segments:
The global Flexible Office market is segmented on the basis of:
Types
Private Offices, Co-Working Spaces, Virtual Offices, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
IT and Telecommunications, Media and Entertainment, Retail and Consumer Goods, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alley
- Croissant
- Davinci Virtual
- Greendesk
- Hubble
- Instant
- JustCo
- LiquidSpace
- Office Freedom
- Regus Group
- Serendipity Labs
Highlights of The Flexible Office Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Private Offices
- Co-Working Spaces
- Virtual Offices
- Others
- By Application:
- IT and Telecommunications
- Media and Entertainment
- Retail and Consumer Goods
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flexible Office Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flexible Office is a suite of software that helps businesses manage their workflows more efficiently. It includes tools for email, document management, collaboration, and task management.
Some of the major players in the flexible office market are Alley, Croissant, Davinci Virtual, Greendesk, Hubble, Instant, JustCo, LiquidSpace, Office Freedom, Regus Group, Serendipity Labs.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Flexible Office Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Flexible Office Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Flexible Office Market - Supply Chain
4.5. Global Flexible Office Market Forecast
4.5.1. Flexible Office Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flexible Office Market Size (000 Units) and Y-o-Y Growth
4.5.3. Flexible Office Market Absolute $ Opportunity
5. Global Flexible Office Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Flexible Office Market Size and Volume Forecast by Type
5.3.1. Private Offices
5.3.2. Co-Working Spaces
5.3.3. Virtual Offices
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Flexible Office Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Flexible Office Market Size and Volume Forecast by Application
6.3.1. IT and Telecommunications
6.3.2. Media and Entertainment
6.3.3. Retail and Consumer Goods
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Flexible Office Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Flexible Office Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Flexible Office Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Flexible Office Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Flexible Office Demand Share Forecast, 2019-2026
9. North America Flexible Office Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Flexible Office Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Flexible Office Market Size and Volume Forecast by Application
9.4.1. IT and Telecommunications
9.4.2. Media and Entertainment
9.4.3. Retail and Consumer Goods
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Flexible Office Market Size and Volume Forecast by Type
9.7.1. Private Offices
9.7.2. Co-Working Spaces
9.7.3. Virtual Offices
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Flexible Office Demand Share Forecast, 2019-2026
10. Latin America Flexible Office Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Flexible Office Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Flexible Office Market Size and Volume Forecast by Application
10.4.1. IT and Telecommunications
10.4.2. Media and Entertainment
10.4.3. Retail and Consumer Goods
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Flexible Office Market Size and Volume Forecast by Type
10.7.1. Private Offices
10.7.2. Co-Working Spaces
10.7.3. Virtual Offices
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Flexible Office Demand Share Forecast, 2019-2026
11. Europe Flexible Office Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Flexible Office Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Flexible Office Market Size and Volume Forecast by Application
11.4.1. IT and Telecommunications
11.4.2. Media and Entertainment
11.4.3. Retail and Consumer Goods
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Flexible Office Market Size and Volume Forecast by Type
11.7.1. Private Offices
11.7.2. Co-Working Spaces
11.7.3. Virtual Offices
11.7.4. Others
11.8. Basis Point hare (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Flexible Office Demand Share, 2019-2026
12. Asia Pacific Flexible Office Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Flexible Office Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Flexible Office Market Size and Volume Forecast by Application
12.4.1. IT and Telecommunications
12.4.2. Media and Entertainment
12.4.3. Retail and Consumer Goods
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Flexible Office Market Size and Volume Forecast by Type
12.7.1. Private Offices
12.7.2. Co-Working Spaces
12.7.3. Virtual Offices
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Flexible Office Demand Share, 2019-2026
13. Middle East & Africa Flexible Office Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Flexible Office Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Flexible Office Market Size and Volume Forecast by Application
13.4.1. IT and Telecommunications
13.4.2. Media and Entertainment
13.4.3. Retail and Consumer Goods
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Flexible Office Market Size and Volume Forecast by Type
13.7.1. Private Offices
13.7.2. Co-Working Spaces
13.7.3. Virtual Offices
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Flexible Office Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Flexible Office Market: Market Share Analysis
14.2. Flexible Office Distributors and Customers
14.3. Flexible Office Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alley
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Croissant
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Davinci Virtual
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Greendesk
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hubble
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Instant
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. JustCo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. LiquidSpace
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Office Freedom
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Regus Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Serendipity Labs
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
