Higher Feasibility to Promote Growth in Global Flexible Workspace Market 2019
Wiseguyreports.Com Adds "Flexible Workspace – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2025" To Its Research Database.
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A premises where an organization or an enterprise carries out their daily activities and operations for the smooth functioning of their business is a conventional workplace. Such a workplace can either be an entire building or just one part of that building. Such a workplace can either be owned by or rented out to the owner. The owner of such business could also take such a workspace on lease for a quantified period of time, after which the lease may be renewed on the same terms or revised terms.
However, a flexible workplace is different than a conventional workplace. A traditional workplace is fixed, whereas, a flexible workplace is different in terms of the environment and layout. It does not have a stiff corporate environment and the people working in flexible workplaces are not bound by fixed physical locations. As per this latest market research report, the global flexible workplace market is expected to showcase a decent growth trajectory over the assessment period. This can be owed to the rising adoption and popularity of various advertising and media agencies, along with technology-based companies and start-ups. Furthermore, a rise in the disposable income of consumers residing in various different parts of the world is also boosting the market growth.
While traditional workplaces are fixed workstation, a flexible workplace allows staff to work from alternate locations and to only work from office when necessary. A flexible workplace also allows the employees from multiple organizations to share the workplace environment. Growth in the global flexible workplace market can be accredited to the rising trend of start-ups in different parts of the world. While traditional workplaces can be heavy on the pockets, new entrepreneurs are constantly looking for ways to reduce their expenses and make their investment last longer in the company. Flexible workplaces are also known to charge rent on number of employees basis, rather than on office space basis. This enables the employer to pay only for the desks that are actually used and save unnecessary charges.
Top key Vendors: - IWG PlcGarage SocietyWeWork CompaniesServcorpBizspace LimitedAwfisThe Great Room
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The global flexible workplace market is studied for different segments to shed light on different aspects of the market landscape and aid in better decision-making. This market segmentation is carried out by type, application, and region. Based on type, the global flexible workspace market is segmented into virtual office, service office, collaborative workspace, and manufacturing space. Based on application, the global flexible workspace market is segmented into startup, non-governmental organizations, science and technology company, and media & advertising agencies.
Detailed Regional Analysis:
The global flexible workspace market is studied for the regional segments of North America, Europe, China, Japan, India, Southeast Asia, and Central and South America. Among these, North America is estimated to witness substantial growth owing to the trending work culture of sharing co-working spaces and meeting new entrepreneurs. Apart from that, rising disposable income and rising costs of conventional offices is driving the regional market.
Savills announced their plans to launch a flexible workspace platform in India which will help corporate, start-up, and freelancers to get feasible options.
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