October 26th,2021/IndustryNewsGlobal/ — This new report from Stratview Research analyses the Flexible Workspace Market over the trend period from 2016 to 2019 and forecast period from 2022 to 2026. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Flexible Workspace Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Flexible Workspace Market is no different. Derived from the previous market scenario, the Flexible Workspace Market is expected to grow from USD 33.23 billion in 2020 to USD 73.03 billion by 2026 at a CAGR of 14.0% during the forecast period but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present. 

Key Players:

  • WeWork (The U.S),
  • Workspace (UK),
  • Awfis (India),
  • SMARTWORKS (India),
  • BizSpace (UK),
  • Servcorp (Australia),
  • IWG (Luxembourg),
  • Garage Society (India),
  • The Great Room (Singapore), and
  • Pacific Workplaces (The U.S).

The Flexible Workspace Market is segmented by–

  • By Type (Co-working, Open Office, Hot Desks, Serviced Office, Manufacturing Space, Virtual Office),
  • By End-User (IT, Education, Media, Manufacturing) 
  • By Region (North America, Europe, Asia-Pacific, and Rest of the World).

Get access to a deeper coverage of the impact of COVID-19 on this Market here: https://www.stratviewresearch.com/Request-Sample/1680/flexible-workspace-market.html#form

Regional analysis:

Among regions, North America is expected to be the largest contributor during the forecast period due to the nationwide availability of cost-effective flexible workspaces and demand for innovative office solutions by the regional businesses.

Asia Pacific is expected to grow with the highest CAGR due to increasing number of small businesses and freelancers in the region who require these kinds of temporary workspaces to do their jobs.

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