Flexible Office Market Report 2023 (Global Edition)

Global Flexible Office Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Flexible Office Industry growth. Flexible Office market has been segmented with the help of its Space Providers, Offerings Service , and others. Flexible Office market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

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Flexible Office Market,by Type

Big Brands

The Big Brands segment Revenue will be USD 69,053.22 Million by 2028

Big brands such as Giants IBM, Verizon, Microsoft adopted flexible office space or coworking spaces. The flexible office gives employees an advantage to work according to their convenience. Big brands such as Tata Company's Branch Jaguar Land Rover team collaborated with We Work to adopt flexible coworking space in order to increase their productivity in business. This increasing adoption of coworking space, redesigning of new office space will bring innovation, flexibility for employees that boost the business growth of company.

Independent Brands

Independent brands such as start-up and small-scale enterprise are adopting flexible working space trend to provide a different working environment to employees that gains productivity in their work boosting business of companies.

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Flexible Office Market,by Application

Private Offices

The Private Offices segment Revenue will be USD 21,018.82 Million by 2028.

Private office is a small room or cabinet which is separated by partitions, these cabinets are for top executives such as Managing Director, Sales Department Manager. Companies with private offices are redesigning their office space to convert it into flexible working space for their employees. The benefits include providing employees a different positive environment for working than traditional office setting that increases their productivity, cafe space for employees so that they get motivated during working with refueling beverages at cafe space, optimizes efficiency of employees, improved team work as they work in a flexible and innovative environment.

Virtual Offices

Virtual office has physical address and office related services without the overhead of long lease and administrative staff. With a virtual office employees can work from any location but still have email address, phone answering services, meeting rooms, videoconferencing. The start-ups usually have virtual offices, as they want to minimize overhead cost. Virtual office is part of flexible working space that leads to greater productivity as its service’s free workers from administrative tasks, as well as commutes. Each employee can work from the location that is most convenient, and the business is not restricted to hiring employees who live locally.

Co-working Space

Coworking space offers a working area where people from different companies can work together. Coworking spaces often offer same amenities that are present in traditional office such as Wi-Fi, printers, conference rooms, desk, all the advantages of flexible spaces like social areas, beverage snacks. Coworking solutions provide flexibility in work to employees, is a part of flex spaces.

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Flexible Office market report 2023 Edition by contacting our team.

Flexible Office Service Segment Analysis

Meeting/Conference room

The Meeting/Conference room segment Revenue (USD Million) in Flexible Office will be USD 21,507.81 Million by 2028.

Meeting or conference rooms are built specially for conducting discussion through videoconferencing or physically with clients, it also involves discussion, presentation on any project among employees. The companies redesigned their meeting or conference room with adoption of flexible working. The long plush couch and low seats, large colorful piece of art, space, frosted glass room makes the conference room more relaxing. The conference room in WeWork Nogizaka in Tokyo, Japan, has a few low chairs facing each other in a space clad in light plywood. The space is flanked by floor-to-ceiling bookshelves, which creates the impression of being in a welcoming library or living room. This innovative and unique appearance of meeting or conference room motivates and energizes employees to work more efficiently in a different environment.

Training room

Training room is the most flexible and dynamic area of office. The training room is the office space where employees are given to share thoughts and grow professionally. The training room is designed in an innovative way, its features include movable partition walls for training room acoustic panels are able to reduce reverberation inside training rooms thus providing a high level of acoustic control. Baffles can additionally be installed on ceilings, as well as rectangular dividing elements fixed between desktops further reducing noise. The training room redesigned with uniform lighting using eco-friendly solutions such as energy efficient LED light fixtures.

Common space

Common place is the area in the office where employees come together to take a print out or for a coffee break. Companies adopted a flexible workspace can also be referred to as shared office space or flexi space. Flexible workspace is the term for an office space that comes with several creative desk layouts. Different types of workspaces tend to include a shared workspace is a collaborative working environment that is utilized by multiple people. Hot desks are a non-fixed desks or workspaces that any employee can utilize. Open offices are an open plan work environment where all employees in all departments are accommodated in the same room. Collaborative coworking spaces: these are essentially shared spaces in an office, this redesigning of commonplace improves business and boost its growth due to rising productivity among employees.

Deposition room

Deposition rooms create an environment where every participant is able to communicate professionally and clearly. The employees can conduct deposition meetings in private, professional facilities with top-notch amenities. Deposition rooms are for legal meetings in a professional office, Liquid space company that has specialized in flexible working offices connects customer with on demand conference room, deposition room in any convenient location all over country and customer can easily search by location, size, price, features and availability, and book in real-time.

• Meeting/Conference room
• Training room
• Common space
• Deposition room
• Others

Flexible Office Verticals Segment Analysis

IT & Telecommunications

The IT & Telecommunications segment Revenue (USD Million) in Flexible Office will be USD 37,884.27 Million by 2028.

The major IT and telecommunication companies have adopted flexible office space as in the pandemic situation most of the employees preferring work from home, they need flexibility in their working. So, the companies have redesigned their office space with unique workspaces, technology that increases productivity in their employees boosting the growth of business operations. Organizations are also starting to realize the importance of having a flexible office layout to increase productivity, encourage collaboration, and attract new talent in the long term.

Retail & Consumer Goods

Retail and consumer goods manufacturers with changing preference of employees towards flexible workspace due to pandemic situation. They have adopted new flexible work option that has increases efficiency in working of employees, there is increasing use of video conferencing, as company implemented new business models and experimentation with flexible workforce models, rise in adoption of working remotely. The implementation flexible workforce models increased efficiency in their working and improved productivity of employees propelling growth of business.

Media & Entertainment

Media and entertainment industry uses flexible office as they require more space than traditional office space. WeWork has engaged in partnership with media and entertainment companies as WeWork amenities like screening and edit rooms, footprint helps studios meet their rising demand. They need soundstages, edit bays, production rooms, back offices, front offices. WeWork redesign production studios and provide all amenities according to requirement which increases productivity in their work boosting growth of entertainment industry.

• IT & Telecommunications
• Retail & Consumer Goods
• Media & Entertainment
• Other

Flexible Office Market Regional Analysis

Region and country analysis section of Flexible Office Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Flexible Office market.

Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of this market.

Company Profile:

Davinci Virtual Office Solutions

Davinci Virtual Office Solutions is company that offers live answering services, coworking, meeting spaces for people, it helps in balancing lifestyle, work life balance, mobility without compromising financial success. The industries served by the company include legal, healthcare, financial real estate, technology consultants, advertising and media, service industries. The services included in the portfolio of Davinci company such as:
     Virtual Offices
     Virtual Offices Feature
     Full Time Spaces
     Live Receptionist
     Live Receptionist Features
     Auto Receptionist
     Live Web Chat
     Meeting Spaces
     Coworking Spaces
     Event Spaces
     Preferred Locations
     Marketplace
     Incorporation Services

RECENT NEWS

July 2019

Davinci introduced the new website Davinci Meeting Rooms.com

Davinci, the provider of global virtual office solutions launched its new website Davinci workplace and meeting room reservation site has been built mobile-friendly design and latest technologies to offer a unique booking experience from device.

WeWork Companies Inc.

WeWork Companies Inc. is an American based company which is the one of the leading global flexible space providers all across the globe. The company offers business with the commercial office space solutions so that they can set up satellite offices, creating a healthier workplace, with the dedicated internet bandwidth, private Wi-Fi, and onsite co-location and more.

The various solution offered by the company are
     Dedicated Desk
     Standard Offices
     Office Suite
     Full-floor Offices.

RECENT NEWS

June 2021

In North American expansion, WeWork On Demand now available in Canada

WeWork's app, WeWork On Demand application which provides pay-as-you-go access to workspace and meeting rooms is now also available in Canada. The WeWork On Demand will be available in 12 buildings across Toronto, Vancouver, Calgary, and Burnaby. WeWork locations participating in On Demand have various amenities for visitors, including unlimited coffee, video conferencing capabilities, whiteboards, outdoor space, bike storage, a mother’s room, and more.  

Top Companies Market Share in Flexible Office Industry: (In no particular order of Rank)

• Alley
• Croissant Inc
• Davinci Virtual LLC
• Greendesk LLC
• Hubble
• Office Freedom Limited
• Serendipity Labs
• Servcorp
• TechSpace
• WeWork Companies Inc.
• The Office Group
• Others
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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