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Global Flexible Space Market Outlook to 2028: Focus on Office & Warehouse Spaces - ResearchAndMarkets.com

June 28, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Jun 28, 2021--

The “Global Flexible Space Market Outlook 2028” report has been added to ResearchAndMarkets.com’s offering.

The global flexible space market is anticipated to grow with a CAGR of 16.76% during the forecast period, i.e., 2020-2028.

The market, which registered a revenue of around USD 28000 Million in 2019, is further projected to reach a value of close to USD 41000 Million by the end of 2028.

The concept of flexible space is evolving and it includes a range of office solutions, such as, co-working spaces, private offices, meeting rooms and executive suites among others. These spaces often include numerous amenities ranging from Wi-Fi connectivity to coffee vending machines.

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Factors such as the rising number of business entities worldwide, coupled with the expanding e-commerce industry, are anticipated to drive the market growth. Moreover, growing trends of ‘Space-as-a-Service’ and the rising costs of commercial spaces in major metropolitan cities are further projected to drive the market growth.

The global flexible space market is segmented by type and by region. On the basis of type, the market is further divided into flexible office space and flexible warehouse space. Out of these two segments, the flexible office space segment is projected to hold the largest market share throughout the forecast period. The segment is further expected to gain a value of about USD 38000 Million by the end of 2028.

The flexible office space segment is further divided into office type, room service and end-user vertical. The office type segment can further be segmented into service office, virtual office, managed office, co-working, remote office, and others. Out of these segments, the virtual office segment is anticipated to hold the largest market share and reach a market value of USD 4271 Million by the end of 2021.

Amongst the market in these regions, the North America flexible space market is anticipated to hold the largest market share of around 34% in 2028. The market in the region is further projected to cross USD 14000 Million by 2028.

Some of the major industry players in the global flexible space market for flexible office space are WeWork Companies LLC, Jones Lang LaSalle, IP, Inc., IWG plc, Colliers International Property Consultants, Inc., Deskpass Corporation, LiquidSpace, Inc., Davinci Virtual, LLC, JustCo Management Pte. Ltd., Techspace, and others.

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Additionally, some of the other key players in the market for flexible warehouse space are Cubework, STORD, Inc., Ware2Go Inc., Flowspace, Inc., Stowga (Warehousio Ltd.), Clutter, Inc., FLEXE, Inc., and others.

Key Topics Covered:

Flexible Space Market

1. Introduction

2. Research Methodology

3. Executive Summary- Global Flexible Space Market

4. Analysis of Market Dynamics

4.1. Growth drivers

4.2. Market trends

4.3. Growth opportunities

4.4. Restraints

5. Regulatory & Standards Landscape

6. Impact of COVID-19 on the Flexible Space Market

6.1. Impact on the overall market

6.2. Impact on the demand

6.3. Impact on the end-user spending

6.4. Impact on the key market players

6.5. Impact on overall price trend

7. Vendor Analysis

8. Comparative Analysis

9. Analysis on the Subscription Model

10. Assessment on service providers

10.1. Global service providers

10.2. Regional service providers

11. Investment Opportunity Analysis

11.1. CAPEX

11.2. OPEX

11.3. Greenfield vs brownfield investment opportunities

12. Competitive Structure for Flexible Office

13. Competitive Structure for Flexible Warehouse

14. Global Flexible Space Market Outlook

14.1. By value (USD Million)

15. Global Flexible Space Market Segmentation Analysis 2019-2028

15.1. By type

15.1.1. Flexible Office Market Segmentation Analysis

15.1.1.1. By office type

15.1.1.1.1. Serviced office, 2019-2028F (USD Million)

15.1.1.1.2. Virtual office, 2019-2028F (USD Million)

15.1.1.1.3. Managed office, 2019-2028F (USD Million)

15.1.1.1.4. Co-working, 2019-2028F (USD Million)

15.1.1.1.5. Remote office, 2019-2028F (USD Million)

15.1.1.1.6. Others, 2019-2028F (USD Million)

15.1.1.2. By room service

15.1.1.2.1. Meeting/Conference room, 2019-2028F (USD Million)

15.1.1.2.2. Training room, 2019-2028F (USD Million)

15.1.1.2.3. Common space, 2019-2028F (USD Million)

15.1.1.2.4. Deposition room, 2019-2028F (USD Million)

15.1.1.2.5. Others, 2019-2028F (USD Million)

15.1.1.3. By end-use vertical

15.1.1.3.1. IT & telecommunication, 2019-2028F (USD Million)

15.1.1.3.2. Media & entertainment, 2019-2028F (USD Million)

15.1.1.3.3. Retail & consumer goods, 2019-2028F (USD Million)

15.1.1.3.4. Others, 2019-2028F (USD Million)

15.1.2. Flexible Warehouse Market Segmentation Analysis

15.1.2.1. By business model

15.1.2.1.1. Seasonal storage, 2019-2028F (USD Million)

15.1.2.1.2. Customized plans, 2019-2028F (USD Million)

15.1.2.2. By component

15.1.2.2.1. Solution, 2019-2028F (USD Million)

15.1.2.2.2. Services, 2019-2028F (USD Million)

15.1.2.3. By warehouse type

15.1.2.3.1. General warehouse, 2019-2028F (USD Million)

15.1.2.3.2. Specialized warehouse, 2019-2028F (USD Million)

15.1.2.4. By infrastructure

15.1.2.4.1. Single-story, 2019-2028F (USD Million)

15.1.2.4.2. Multi-story, 2019-2028F (USD Million)

15.1.2.5. By function

15.1.2.5.1. E-commerce fulfillment, 2019-2028F (USD Million), 2019-2028F (USD Million)

15.1.2.5.2. Retail distribution, 2019-2028F (USD Million)

15.1.2.5.3. Inventory management, 2019-2028F (USD Million)

15.2. Global Flexible Space Market, By Region, 2019-2028 (USD Million)

For more information about this report visit https://www.researchandmarkets.com/r/vzmgap

View source version on businesswire.com:https://www.businesswire.com/news/home/20210628005690/en/

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KEYWORD:

INDUSTRY KEYWORD: PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 06/28/2021 12:34 PM/DISC: 06/28/2021 12:34 PM

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