Shared Office Space Market Scope
Shared office space is a much larger workplace rented by freelancers, remote employees, gig workers, consultants, and anyone else that may not have a central office i.e. one space for one individual. Startups and agile companies without the need for permanent office space can keep overhead costs low, while still utilizing a traditional workplace setting. They also get access to workplace resources and a professional setting that’s useful for meeting with clients or collaborating on large initiatives. The US is still leading as the leading market with over 3,700 shared workspaces across the country. Moreover, the US market is expected to grow with the fastest CAGR during the projected period.
The Shared Office Space market study is segmented by Type (Single Dedicated Desk and Private Office Space), by Application (Individuals/Freelancers and Small Groups/Start-Ups) and major geographies with country level break-up.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of United States Shared Office Space market throughout the predicted period.
Regus (Belgium), Spaces (Netherlands), OfficeHub (United States), WeWork (United States), ShareDesk (Canada), Alkaloid Networks (United States), Matrix Coworking (United States), Bond Collective – Flatiron (United States), CO+HOOTS (United States), Workbar (United States) and Impact Hub (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are NGIN Workplace (United States), The Work Lodge (United States), Enerspace (United States), The Satellite (United States) and E&V (Germany).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of United States Shared Office Space market by Type, Application and Region.
On the basis of geography, the market of Shared Office Space has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 14 Nov 2017, Hospitality-driven shared workspace provider, Bond Collective, announced that it has recently raised USD 50 million dollars in new funding from private investors to open 30 design-focused locations by 2020. The company’s first nationwide location will be in Philadelphia, Pennsylvania at One Penn Center, with penthouse views overlooking Love Park and the city skyline. Bond Station House is located in the historic landmark building, Suburban Station, allowing Bond Collective to bring new-age shared workspaces and design to an old world-building.
- Increased Popularity of Shared Office Spaces among the Start-Ups
- Increasing Numbers of Tech Start-Ups across the United States
- Growing Number of Freelancers
- Shared Office Space Provides Flexible Plan and Cost Options
- Opportunities to Network with Startup Founders
- Greater Access to Key Players and Partnerships
- Education Opportunities
- Distractions May Pose Major Challenge
Key Target AudienceShared Office Space Companies, Potential Investors, Regulatory & Government Bodies, End Users, Upstream & Downstream Vendors and Others
Customization available in this Study:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase