Global Flexible Workspace Market Segmentation by Ownership (Private and Rented (Co-working, Virtual Office, Dedicated Desk, Meeting Rooms and Others)), Organization Size (Small and Medium Enterprises and Large Enterprises), Industry Verticals, (Education, Retail, IT & Telecommunications, Travel & Hospitality, Legal, Media & Entertainment, Automotive, Banking Financial Services and Insurance, Real Estate and Others), By Region (North America, APAC, Europe, ME & Africa and Latin America).
Shifting of companies from traditional offices to co-working spaces is the driving factor for the flexible workspace market. It provides the appealing work environment for the employees with flexible leasing along with membership benefits such as business-casual atmosphere and the social opportunities which can improve the productivity of the employees. When it comes to providing workers with the right atmosphere and helping them to encourage development, conducive and efficient workspaces have become the need of the hour. People prefer to opt for a space that has more than one location because they have the option of working at any of the locations.
Based on organization size, small and medium enterprises is the leading segment to dominate the market during the forecast period. Thanks to the rising number of startups and SMEs which require only few employees to work. The key drivers are growing fast track digital data and enable to achieve insight into user behavior which motivates market development.
North America region is expected to contribute XX% share in the flexible workspace market. The growth in the market is attributed to the rising number of small and medium enterprises and presence of major players across the region. The offering of automation such as booking a conference room, invoice generation, paying for services or maintenance bill, tracking attendance and expansion of services is positively impacting the industry during the forecast period.
Key players of Flexible Workspace Market are WeWork Companies Inc, IWG PLC group (Regus), UCOMMUNE, TheOfficeGroup, Spaces, SMARTWORKS, SpaceIQ, Industrious, KNOTEL, Kr Space, Servocorp, LiquidSpace, Inc, Awfis Space Solutions Pvt Ltd, 91Springboard, Convene, SimpliOffice Holding UG and Others.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about Global Flexible Workspace Market. The report encompasses the market by different segments, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in Global Flexible Workspace Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explains Global Flexible Workspace Market positioning of competitors.
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