Coworking Spaces Market Global Report 2020-30: Covid 19 Growth And Change

The Business Research Company's latest study on Coworking Spaces Market Global Report 2020-30: Covid 19 Growth And Change

LONDON, GREATER LONDON, UK, June 2, 2020 /EINPresswire.com/ -- The global coworking spaces market is expected to decline from $9.3 billion in 2019 to $8.2 billion in 2020 at a rate of -12.9%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $11.5 billion in 2023 at a rate of 11.8%. The coworking spaces market is majorly determined by the increase in the number of start-ups globally. However, the increase in the number of people working from home or remotely owing to COVID-19 lockdown limits the growth of the market.

The coworking spaces market consists of coworking space rental revenues earned by entities that provide coworking workspaces on rent or lease. Unlike traditional office rental, the cost of renting coworking workspaces usually covers the use of related services/equipment such as office chairs and desks, internet/Wi-Fi connection, hardware, software, and others. The industry includes businesses that offer non-residential structures with amenities and facilities on a flexible rental basis.

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The global coworking spaces market is further segmented based on type and geography.

By Business Type: Open/ Conventional Coworking Spaces; Corporate/ Professional Coworking Spaces; Others.

By End Use: Finance; Legal Services; Marketing; Technology; Real Estate ; Consulting Services; Others.

By Geography: The global coworking spaces market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the European coworking spaces market accounts for the largest share in the global coworking spaces market.

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Trends In The Coworking Spaces Market

Coworking spaces are implementing eco-friendly measures in the workplace to attract entrepreneurs concerned with environmental issues such as global warming. Sustainable practices adopted by the coworking space providers offer substantial benefits and are economically feasible.
Coworking Spaces Global Market Report 2020 is one of a series of new reports from The Business Research Company that provides coworking spaces market overviews, analyzes and forecasts coworking spaces market size and growth for the global coworking spaces market, coworking spaces market share, coworking spaces market players, coworking spaces market size, coworking spaces market segments and geographies, coworking spaces market trends, coworking spaces market drivers and coworking spaces market restraints, coworking spaces market’s leading competitors’ revenues, profiles and market shares. The coworking spaces market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More
Read Coworking Spaces Global Market Report 2020 from The Business Research Company for information on the following:
Markets Covered: Global Coworking Spaces Market
Data Segmentations: Coworking Spaces Market Size, Global And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Coworking Spaces Market Organizations Covered: Wework, Regus Corporation (IWG Plc), Mix Pace, Knotel, Inc., SimplyWork, District Cowork, Premier Workspaces, Krspace, Convene, Servcorp Limited
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa
Time Series: Five years historic (2015-19) and forecast (2019-23)
Other Information And Analyses: PESTEL analysis, coworking spaces market customer information, coworking spaces market product/service analysis – product examples, coworking spaces market trends and opportunities, drivers and restraints, key mergers and acquisitions, key metrics covered: number of enterprises, number of employees, global coworking spaces market in 2020 - countries offering most new opportunities
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Coworking Spaces Industry: The report explains a number of strategies for companies in the coworking spaces market, based on industry trends and company analysis.
Opportunities For Companies In The Coworking Spaces Sector: The report reveals where the global coworking spaces industry will put on most $ sales up to 2023.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets. Here is a list of reports from The Business Research Company similar to the Coworking Spaces Global Market Report 2020:

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