Serviced Office Market

Serviced Office Market Analysis, Business Development, Size, Share, Trends, Future Growth, Forecast to 2030

Due to its growing popularity, the Serviced Office Market is projected to grow from USD 27 billion to USD 32.9 billion by 2021, at a compound annual growth rate (CAGR) of 21.9%.

It is a type of space that is rented to utilize the space and services of that particular area or space. Along with the space, you get access to use the various services, such as telephone, reception and mail-handling support system. It also offers the facilities like meeting rooms and breakout space.

Serviced offices are alternative to conventional offices since many businesses are looking for flexible commercial property with virtual offices. Unlike the long leases, there are no hidden charges like maintenance and facility costs. It offers transparent, all-inclusive fees. On a monthly lease, you are provided with access to office space, secure office space for the remote team around the world and a business opportunity to scale up your business.

Get a sample copy of this report:

Market segmentation

Serviced Office Leasing market is split by Type and by Application. For the period 2016-2026, the growth among segments provide accurate calculations and forecasts for revenue by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Serviced Office Market segment by Type, covers

Entity Offices

Virtual Offices


Serviced Office Market segment by Application, can be divided into

IT and Telcommunications

Media and Entertainment

Retail and Consumer Goods

Serviced Office Market segment by players, this report covers

WeWork Companies




Bizspace Ltd



Davinci Virtual






Office Freedom

Serendipity Labs

Breather Inc,


The Office Group

Serviced Office Market segment by regions, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)

South America (Brazil, Argentina, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

Primary Benefits of Serviced Office Market:


A traditional office requires a lot of arrangements with the landlord and service providers. Most of these providers don’t allow for flexibility and often charge you more for the additional services such as internet, electricity, cleaning and maintenance etc.

Unlikely with a serviced office, the landlord takes care of all these services, and you just have to pay just monthly leasing fees.

Space Management:

In the serviced office, the service provider manages the space. That means, when you enter the office the first time, you will get all the facilities and a fully furnished office with internet connections. This will allow you to start work from the first day.

You don’t have to source the cleaning staff, as surviving providers take care of all cleaning and ensure that the office will get the continuous electric supply.


Serviced offices are designed in such a way, where you can keep your team productive and engaging in the work. With the private office space, your employees stay focused on the tasks at hand, and they don’t get any distraction from a shared co-working space.

Besides, the most serviced office also has food vendors and free-flowing coffee on-premises, which provide easy access that doesn’t require going downstairs.


In the serviced office you will get all the necessary facilities, which will give a professional edge to your business.

Most of the spaces will provide you with projectors, event space, conference rooms for networking and collaboration.

They also handle the phone calls and emails through their front office reception area. So you can easily impress your guests with your professional office space.

Networking and Engagement:

In the serviced office, you will find like-minded people and businesses. Sharing the space allow natural interaction among like-minded creative minds. Chances are there, here you may find your next business partner, or you will find a person who can give advice on how to grow the business.

This place offers an opportunity for employees to mingle with each other during stressful hours and get stress relief.

Final Take Away:

When sourcing for workspace, the serviced office space has become highly popular and commercially recognized. It has been growing rapidly due to increasing demand. A serviced office space gives an opportunity to scale up their business, who doesn’t have a huge budget to invest into the space initially, such as small businesses, start-ups and small corporations

For young entrepreneurs, serviced office place is an ideal place to discuss new ideas and turn the ideas into reality.

About Credible Markets:

Credible Markets has emerged as a dependable source for the market research needs of businesses within a quick time span. We have collaborated with leading publishers of market intelligence and the coverage of our reports reserve spans all the key industry verticals and thousands of micro markets. The massive repository allows our clients to pick from recently published reports from a range of publishers that also provide extensive regional and country-wise analysis. Moreover, pre-booked research reports are among our top offerings.

The collection of market intelligence reports is regularly updated to offer visitors ready access to the most recent market insights. We provide round-the-clock support to help you repurpose search parameters and thereby avail a complete range of reserved reports. After all, it is all about helping you reach an informed strategic decision about purchasing the right report that caters to all your market research demands.

Reports in the repository of Credible Markets leverage predictive analytical models to study the performance of critical market segments. We believe in the fact that demands of businesses depend on an array of parameters and thus adhere to delivering industry-specific research solutions. Our client base traversing from thriving start-ups to some of the Fortune 500 companies speaks for our expertise in providing deep-dive insights on any desired industry sectors.

Contact US:

Credible Markets Analytics

99 Wall Street #2124 New York, NY 10005



View our other reports:

Global Kids Wear Market Development Strategy Pre and Post COVID-19, by Corporate Strategy Analysis, Landscape, Type, Application, and Leading 20 Countries

Leave a Reply

Your email address will not be published.

Temperature Controlled Supply Chain Market Previous post Temperature Controlled Supply Chain Market Growth, Size, Analysis, Outlook by Trends, Opportunities and Forecast to 2028
Recruitment and Staffing Market Next post Recruitment and Staffing Market Analysis, Business Development, Size, Share, Trends, Future Growth, Forecast to 2030