The market growth is driven by various factors, including the increasing adoption of remote work culture, rising demand for flexible and cost-effective office solutions, and the growing trend of coworking spaces. Also, the growth of the market is driven by an increasing number of small companies and startups seeking temporary office solutions coupled with increasing favorable policies of the government giving a push to new startups. For instance, in March 2021, a majority of EU governments signed up for an initiative to create a better legal framework for start-up formation and growth. The EU Startup Nations Standard was devised by the Portuguese government during its EU presidency in early 2021, and launched by the European Commission in March 2021. It sets out eight areas of policy to support the creation and growth of innovative start-ups. These include fast start-up creation and smooth market entry; attracting and retaining talent; stock options; innovation in regulation, including regulatory sandboxes; innovation procurement, including tech transfer policies, access to finance; social inclusion, diversity, and protecting democratic values; ‘digital first’ for interactions between start-ups and the authorities.
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The global flexible workspace market is further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East & Africa and Latin America). The market can be analyzed at the regional or country level as per requirement. Among these regions, Europe is expected to witness prominent growth over the forecast period, driven by the presence of major flexible workspace providers and the increasing adoption of remote work practices.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Flexible Workspace Market by Ownership
- Private
- Shared
Global Flexible Workspace Market by Type
- Collaborative Workspace
- Manufacturing Space
- Others
Global Flexible Workspace Market by End User
- Small Business
- Medium Business
- Large Business
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- BE Offices Ltd.
- Bizspace Ltd.
- Flexspace
- Fora Space Ltd.
- IWG plc.
- JustCo
- OfficeRnD Ltd.
- Servcorp Ltd.
- Space&Co.
- Spaces
- The Great Room Offices
- The Working Capito
- Victory Offices Ltd.
- WeWork Companies Inc.
- WOTSO Ltd.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global flexible workspace market. based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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