Accommodation, Hospitality & Personal Services

Serviced Office Space: Market Size, Growth & Forecast to 2030

The Serviced Office Space market is valued at about $52.3 billion (2026) and is projected to grow at a 4.8% CAGR through 2030. The largest cost driver is Real estate lease obligations and rent (45% of spend). Asia-Pacific leads demand at 38%.

Market size
$52.3 bn (2026)
CAGR to 2030
+4.8%
Buyer power
Favours buyers
Tracked suppliers
450

Projected market growth to 2030

Market size index, 2026 = 100, at the 4.8% CAGR.

1261181091001002026104.82027109.82028115.12029120.62030126.42031

Cost structure

Real estate lease obligations and rent
45%
Facilities management and utilities
20%
On site staff payroll and administration
15%
Capital expenditures and fit out amortization
12%
Marketing, technology, and customer acquisition
8%

Regional demand split

Asia-Pacific demand
38%
North America demand
32%
Western Europe demand
20%
Rest of world demand
10%

Key suppliers

IWG plcWeWork Inc.Servcorp LimitedIndustriousThe Executive CentreCompass Offices
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Claight market analysis of proprietary and public data. Full report: /category-intelligence/serviced-office-space