Report overview
A serviced office is an office or office building that is fully equipped and managed by a facility management company, also known as an office provider, which then rents individual offices or floors to other companies. Serviced offices, which are also referred to as managed offices, flexible offices, business centers, executive suites or executive centers, are often found in the business districts of large cities around the world. A serviced office broker will commonly help business center owners and facility management companies to rent serviced office space. Companies offering serviced offices are generally able to offer more flexible rental terms, as opposed to a conventional leased office which may require furnishing, equipment, and more restrictive leases. Space is normally flexible, allowing for additional space to be allocated at short notice, should the size of an individual business change. Serviced office providers often allow tenants to share reception services, business machines and other resources, providing reduced costs and access to equipment which may otherwise be unaffordable. By providing businesses with access to a workplace, technology and people central to its operations, the serviced office can be considered a type of virtual office. Serviced offices are a central component to the flexible workspace industry.
This report aims to provide a comprehensive presentation of the global market for Serviced Office, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Serviced Office. This report contains market size and forecasts of Serviced Office in global, including the following market information:
Global Serviced Office Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Serviced Office market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Flexible Lease Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Serviced Office include Instant, Startups, Gorilla Property Solutions, OREGA MANAGEMENT LTD, Clockwise Offices, Prime Office Search, The Work Loft Co., Ltd., Allwork.Space and Regus, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Serviced Office companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Serviced Office Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Serviced Office Market Segment Percentages, by Type, 2022 (%)
Flexible Lease
Long Lease
Global Serviced Office Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Serviced Office Market Segment Percentages, by Application, 2022 (%)
Start-up
Small Business
Global Serviced Office Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Serviced Office Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Serviced Office revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Serviced Office revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Instant
Startups
Gorilla Property Solutions
OREGA MANAGEMENT LTD
Clockwise Offices
Prime Office Search
The Work Loft Co., Ltd.
Allwork.Space
Regus
CSO
Servcorp
Outline of Major Chapters:
Chapter 1: Introduces the definition of Serviced Office, market overview.
Chapter 2: Global Serviced Office market size in revenue.
Chapter 3: Detailed analysis of Serviced Office company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Serviced Office in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.