Accommodation, Hospitality & Personal Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Serviced Office Space
Overview
Market size
$56.3B
global, USD
CAGR
6.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
2 high severity
Market outlook
2031$76.1B
What changed
Demand by region
Asia-Pacific demand38%
North America demand32%
Western Europe demand20%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Real estate lease obligations and rent45%
Facilities management and utilities20%
On site staff payroll and administration15%
Capital expenditures and fit out amortization12%
Marketing, technology, and customer acquisition8%
share of delivered cost (analyst estimate)