PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1517095
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1517095
Asia-Pacific Co-Working Office Space Market Introduction and Overview
According to SPER market research, 'Asia-Pacific Co-Working Office Space Market Size- By Type, By Application, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Asia-Pacific Co-Working Office Space Market is predicted to reach USD 75.99 billion by 2033 with a CAGR of 6.26%.
Co-working spaces provide a constantly evolving solution to meet the ever-changing needs of businesses. Because these shared workspaces offer flexibility in terms of lease periods and space requirements, they are particularly appealing to startups and small enterprises that wish to avoid the upfront expenditures associated with traditional offices.
The COVID-19 epidemic has had a significant negative impact on the co-working office space industry in Asia-Pacific in a variety of ways. As companies started to shift to remote work environments, there was less of an urgent need for actual office premises. This resulted in an initial sharp drop in demand as lockdowns and social distancing measures were put in place.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Type, By Application, By End User
Regions covered China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
Companies Covered Compass Offices, GARAGE SOCIETY, IWG, JustCo, Servcorp, Spaces, THE GREAT ROOM, the Hive Worldwide Ltd., The Work Project Management Pte Ltd., WeWork Management LLC, Others.
Asia-Pacific Co-Working Office Space Market Segmentation
By Type: Based on the Type, Asia-Pacific Co-Working Office Space Market is segmented as; Flexible, Managed Office, Serviced Office.
By Application: Based on the Application, Asia-Pacific Co-Working Office Space Market is segmented as; Information Technology (IT and ITES), Legal Services, BFSI (Banking, Financial Services, and Insurance, Consulting, Other Services.
By End User: Based on the End User, Asia-Pacific Co-Working Office Space Market is segmented as; Personal User, Small Scale Company, Large Scale Company, Others.