APAC Flexible Workspace Market Outlook to 2025
By Type (Hybrid Spaces, Serviced Spaces and Co-Working Spaces), By Country (China, India, Japan, Philippines, Australia, Vietnam, Singapore and South Korea) and By End Users (Enterprises, MSME’s/Start-Ups and Entrepreneurs/Freelancers)
Region:Asia
Author(s):Saloni Bhalotiya
Product Code:KR964
March 2020
414
About the Report
The report titled, “APAC Flexible Workspace Market Outlook to 2025- By Type (Hybrid Spaces, Serviced Spaces and Co-Working Spaces), By Country (China, India, Japan, Philippines, Australia, Vietnam, Singapore and South Korea) and By End Users (Enterprises, MSME’s/Start-Ups and Entrepreneurs/Freelancers)” provides a comprehensive analysis of the Flexible Workspace Market in APAC. The reports the flexible workspace industry in 19 cities including Shanghai, Beijing, Hong Kong, Chengdu, Shenzhen, Guangzhou, Bangalore, Mumbai, Delhi NCR, Pune, Hyderabad, Sydney, Melbourne, Seoul, Tokyo, Ho Chi Minh City, Hanoi, Metro Manila and Singapore based in 8 countries including China, India, Japan, Philippines, Australia, Vietnam, Singapore and South Korea. The report covers Supply and Demand Analysis along with Revenue streams, Value Chain, Emerging Business Models and Key Industry Trends. The report also focuses extensively on the Competition Scenario in the country wise and concludes with Future Scenario and analyst recommendations highlighting the key opportunities in the future.
APAC Flexible Workspace Overview and Size
The flexible workspace industry in APAC gained traction during the time frame 2016-2017 when the global market leader WeWork expanded in multiple geographies. The supply in the industry has been drastically growing during the period 2016-2019. The industry has been evolving ever since its inception, with major trends in the industry being growing number of local players, changing amenity mix or amenitisation, increasing market consolidation, development of premium design workspaces at premium locations and increasing landlord participation.
APAC Flexible Workspace Market Segmentation
By Type of Flexible Workspace (Hybrid or Integrated Spaces, Serviced Spaces and Co-Working Spaces): As of 2016, Hybrid or Integrated Spaces, Serviced Spaces and Co-Working Spaces almost had the equal contribution to the overall supply of flexible workspaces in APAC but in 2019, serviced spaces has grown to account for the highest market share to the overall supply.
By Country (China, India, Japan, Philippines, Australia, Vietnam, Singapore and South Korea): In 2019, more than 60% of the total supply of flexible workspace in APAC was accounted by India and China. The supply in Vietnam, South Korea and Japan has been growing at the fastest pace during 2016-2019. The average centre size has been growing in all the countries with increasing demand from enterprises. In 2019, the average desk cost was highest in Hong Kong followed by Tokyo, Sydney, Melbourne, Beijing, Singapore and others.
By Type of End Users (Enterprise, MSME’s/Start Ups and Freelancers / Self Employed): In 2019, the demand of flexible workspaces in APAC is dominated by the enterprises and the demand from the same has also been growing at the fastest pace. With changing business strategies and increasing focus on increasing employee satisfaction and productivity, large enterprises are following the hub and spoke model wherein the corporate head office becomes the hub and flexible workspace centers become spokes.
Competitive Landscape in APAC Flexible Workspace Market
The market is observed to be at a growth stage, with the competition been highly fragmented with presence of more than 2500 flexible workspace operators. IWG, WeWork, Servcorp, The Compass Office, The Executive Centre and JustCo are the major players operating throughout APAC. The supply of flexible workspaces in most of the countries is driven by local players. Operators are shifting towards joint venture models and management models.
APAC Flexible Workspace Market Future Outlook and Projection
APAC Flexible Space market is expected to register growth at double digit CAGR by space during 2019-2025F. This is owing to multitude of factors emergence of nomadic co-working spaces, increasing demand from enterprises, increasing number of niche co-working spaces, movement to tier 2 and tier 3 cities, increase in focus on non-rental revenue streams and change in IFRS Standards. Sydney, Hanoi, Ho Chi Minh City, Pune, Hyderabad, Chengdu and Guangzhou are expected to grow at the fastest pace by 2025.
Key Topics Covered in the Report
- Supply-Demand Analysis and Supply-Demand Gap Analysis, 2016-2019
- Value Chain Analysis
- Revenue Streams
- Organizational Structure of Flexible Workspaces
- Marketing Strategies
- Supply-Demand Analysis and Supply-Demand Gap Analysis, 2019-2025F
- Competitive Landscape in APAC Flexible Workspace Market
- Emerging Business Model
- Country Snap Shots (Demand-Supply Analysis and Detailed Competitive Scenario including Heat Map Analysis, Market Share Analysis and Cross Comparison Analysis)
- Success Case Study
- Analyst Recommendation
Products
Key Target Audience
- Flexible Workspace Operators
- Office Brokers/Aggregators
- Commercial Real Estate Companies
- Venture Capitalist and PE Firms
- Real Estate Consultant
- Office Furniture Providers
- ICT Providers
Time Period Captured in the Report
- Historical Period – 2016-2019
- Forecast Period – 2019-2025
Companies
Key Segments Covered
By Type of Flexible Workspace
- Ø Serviced Spaces
- Ø Hybrid Spaces
- Ø Co-Working Spaces
By Country
- Ø India
- Bangalore
- Delhi NCR
- Mumbai
- Pune
- Hyderabad
- Ø China
- Shanghai
- Beijing
- Shenzhen
- Hong Kong
- Chengdu
- Guangzhou
- Ø Australia
- Melbourne
- Sydney
- Ø Japan
- Tokyo
- Ø Singapore
- Ø South Korea
- Seoul
- Ø Philippines
- Metro Manila
- Ø Vietnam
- Ho Chi Minh City
- Hanoi
By End Users
- Ø Enterprises
- Ø MSME’s/Start Ups
- Ø Entrepreneurs/Freelancers
Companies Covered in the Report
APAC Flexible Workspace Market
- IWG
- WeWork
- The Executive Centre
- Compass Office
- JustCo
- Servcorp
Local Players in India Flexible Workspace Market
- Awfis Space Solutions
- IndiQube
- Smartworks
- 91Springboard
- Innov8
- Vatika Business Centre & Co-working Spaces
- InstaOffice
Local Players in China Flexible Workspace Market
- Ucommune
- MyDreamPlus
- Distrii
- Kr Space
- SOHO 3Q
- People Squared
- Atlas Workplace
- Servoffice
Local Players in Japan Flexible Workspace Market
- ZXY
- WorkStyling
- Cross Office
- Business Airport
- LIFORK
- Mitsubishi Estate (BRANDS: Finolab, The Premium Floor, Inspired.lab, Global Business Hub, EGG JAPAN)
- Expert Office
- SENQ
Local Players in Australia Flexible Workspace Market
- Victory Offices
- WOTSO Workspace
- Workspace365
- Corporate House
- Asia Pacific Serviced Offices
- Hub
- Space & Co.
- Christie Spaces
Local Players in Singapore Flexible Workspace Market
- The Work Project
- The Great Room
- Found8
- ClubCo
Local Players in Philippines Flexible Workspace Market
- KMC Co-working Space
- Clock In
- Common Ground
- vOffice
- Project T Solutions
- A-Space
Local Players in Vietnam Flexible Workspace Market
- Toong
- Up Co-Working
- G Office
- Cogo Co-working
- Dreamplex
- eSmart
- CirCo
Local Players in South Korea Flexible Workspace Market
- FASTFIVE
- SPARKPLUS
- BIZSQUARE & MoA
- GARAGE
- Heyground
Table of Contents
1. Executive Summary
2. Research Methodology
2.1. Scope
2.2. Market Definitions
2.3. Glossary
2.4. Abbreviations
2.5. Market Sizing and Modeling
Consolidated Research Approach
Market Sizing Approach- APAC Flexible Workspace Market
Sample Size Inclusion Table
Limitations
Final Conclusion
3. Industry Analysis for APAC Flexible Workspace Market
3.1. Value Chain Analysis
3.2. Emerging Business Model (Lease Model, Joint Venture Model, Management Model and Franchise Model)
3.3. Revenue Streams
3.4. Organizational Structure of a Flexible Workspace Company
3.5. Types of Flexible Workspace (Traditional Co-Working Space, Niche Co-Working Spaces, Lifestyle Co-Working Spaces, Serviced Offices and Nomadic Spaces)
3.6. Target Audience in Flexible Workspace Industry (Remote from the Headquarter Client, Distributed Company Employee, Partially Remote Workers, Digital Nomads, Freelancers, Startups, Small Teams, Enterprise Clients, Non-Profit Organization and Event Organizers)
3.7. Marketing Strategies
3.7.1. Online Marketing
3.7.2. Offline Marketing
4. APAC Flexible Workspace Market Size, 2016-2019
4.1. Growth Drivers and Trends in APAC Flexible Workspace Market, 2016-2019
4.2. Supply Scenario in APAC Flexible Workspace Market, 2016-2019
4.2.1. Supply on the Basis of Space, 2016-2019
4.2.2. Supply By Type of Flexible Workspace (Hybrid or Integrated Space, Serviced and Co-Working Space) On the Basis of Space, 2016-2019
4.3. Demand Scenario in APAC Flexible Workspace Market, 2016-2019
4.3.1. Demand on the Basis of Occupied Space, 2016-2019
4.3.2. Demand By End Users (Enterprise, MSME’s/Start Ups and Freelancers / Self Employed), On the Basis of Space, 2016-2019
4.4. Supply-Demand Gap Analysis in APAC Flexible Workspace Market, 2016-2019
5. China Flexible Workspace Market
5.1. Emergence of Flexible Workspace in China
5.2. What are the Existing Gaps in China Flexible Workspace Market?
5.3. Timeline of Major Players in China Flexible Workspace Market
5.4. China Flexible Workspace Market Size, 2016-2019
5.4.1. Growth Drivers and Trends in China Flexible Workspace Market
5.4.2. Supply Scenario in China Flexible Workspace Market, 2016-2019
Supply On the Basis of Space and Number of Centers, 2016-2019
Penetration Rate of Flexible Workspace Industry In Different Cities Including, Shanghai, Beijing, Shenzhen, Chengdu, Guangzhou and Hong Kong, 2019
Supply By Type of Flexible Workspace (Hybrid or Integrated Space, Serviced and Co-Working Space) On the Basis of Space, 2016-2019
Supply By City (Shanghai , Beijing, Shenzhen, Hong Kong, Chengdu and Guangzhou), On the Basis of Space, 2016-2019
5.4.3. Demand Scenario in China Flexible Workspace Industry, 2016-2019
Demand on the Basis of Occupied Space and Occupancy Rate, 2016-2019
Demand By Type of End Users (Enterprise, MSME’s/Start Ups and Freelancers / Self Employed), On the Basis of Space, 2016-2019
5.4.4. Demand-Supply Gap Analysis in China Flexible Workspace Market, 2016-2019
5.4.5. China Flexible Workspace Market, Average Desk Cost, 2019
5.5. Competitive Landscape in China Flexible Workspace Market
5.5.1. Market Share on the Basis of Number of Centers, 2019
China Flexible Workspace Market Share of Major Players (Ucommune, IWG (Regus + Spaces), WeWork, MyDreamPlus, Distrii, Kr Space, SOHO 3Q, The Executive Centre, People Squared, Compass Office, Servoffice, Atlas Workplace and Others), 2019
Shanghai Flexible Workspace Market Share of Major Players (WeWork, IWG (Regus + Spaces), People Squared, Distrii, SOHO 3Q, Ucommune, Kr Space, Atlas Workplace, Linckia, Mixpace and Others), 2019
Beijing Flexible Workspace Market Share of Major Players (Ucommune, WeWork, MyDreamPlus, Regus, WePlus, Servoffice, Distrii Kr Space, SOHO 3Q, The Executive Centre and Others), 2019
Hong Kong Flexible Workspace Market Share of Major Players (IWG (Regus + Spaces), Compass Office, WeWork, The Executive Centre, The Hive, Garage Society, Servcorp, Ucommune and others), 2019
Shenzhen Flexible Workspace Market Share of Major Players (Ucommune, Regus, WeWork, SimplyWork, BeePlus, Nash Work, Atlas Workplace and Others), 2019
Chengdu Flexible Workspace Market Share of Major Players (WeWork, The Executive Centre, Ucommune, MyDreamPlus, Regus, Servoffice, Salmonist Co-working and Others), 2019
Guangzhou Flexible Workspace Market Share of Major Players (Regus, WeWork, The Executive Centre, Atlas Workplace, Ucommune, BeePlus, Kr Space and Others), 2019
5.5.2. Heat Map Analysis On the Basis of Number of Centers in Different Cities, 2019
5.5.3. China Flexible Workspace Market Mergers, Acquisition and Partnerships
5.5.4. China Flexible Workspace Market Investment Rounds
5.5.5. Cross Comparison of Major Players in China Flexible Working Space Market
On the Basis of Revenue Streams and Business Strategy (Ucommune, MyDreamPlus, Distrii, Kr Space, SOHO 3Q, People Squared, Shiao International-Servoffice and Atlas Workplace), 2019
On the Basis of Management, Investors, Funding Rounds, Space in Sq Ft (Ucommune, MyDreamPlus, Distrii, Kr Space, SOHO 3Q, People Squared, Shiao International-Servoffice and Atlas Workplace, 2019
5.6. China Flexible Workspace Market Future Outlook and Projection, 2019-2025F
5.6.1. Projected Growth Drivers in China Flexible Workspace Market
5.6.2. Future Supply Scenario in China Flexible Workspace Market, 2019-2025F
Future Supply On the Basis of Space and Number of Centers, 2019-2025F
Future Supply By Type of Flexible Workspace (Hybrid or Integrated Space, Serviced and Co-Working Space) On the Basis of Space, 2019-2025F
Future Supply By City (Shanghai, Beijing, Shenzhen, Hong Kong, Chengdu and Guangzhou) On the Basis of Space, 2019-2025F
5.6.3. Future Demand Scenario in China Flexible Workspace Industry, 2019-2025F
Future Demand on the Basis of Occupied Space and Occupancy Rate, 2019-2025F
Future Demand By Type of End Users (Enterprise, MSME’s/Start Ups and Freelancers / Self Employed), on the Basis of Space, 2019-2025f
5.6.4. Future Demand-Supply Gap Analysis in China Flexible Workspace Market, 2019-2025F
6. India Flexible Workspace Market
6.1. Emergence of Flexible Workspace Industry in India
Target Addressable Market in India Flexible Workspace Market
6.2. What are the Existing Gaps in India Flexible Workspace Market?
6.3. Timeline of Major Players in India Flexible Workspace Market
6.4. India Flexible Workspace Market Size, 2016-2019
6.4.1. Growth Drivers and Trends in India Flexible Workspace Market
6.4.2. Supply Scenario in India Flexible Workspace Market, 2016-2019
Supply on the Basis of Space, 2016-2019
Supply By Type of Flexible Workspace, on the Basis of Space, 2016-2019
Supply By City, on the Basis of Space, 2016-2019
6.4.3. Demand Scenario in India Flexible Workspace Market, 2016-2019
Demand on the Basis of Occupied Space and Occupancy Rate, 2016-2019
Demand By End Users, on the Basis of Occupied Space, 2016-2019
6.4.4. Supply-Demand Gap Analysis in India Flexible Workspace Market, 2016-2019
6.4.5. India Flexible Workspace Market, Average Desk Cost, 2019
6.5. Competitive Landscape in India Flexible Workspace Market
6.5.1. Market Share on the Basis of Number of Centers, 2019
India Flexible Workspace Market Share of Top Ten Players (Regus, WeWork, Awfis Space Solutions, IndiQube, Smartworks, 91Springboard, The Executive Centre, Innov8, Vatika Business Centre & Co-working Spaces and InstaOffice), 2019
Bangalore Flexible Workspace Market Share of Top Ten Players (IndiQube, WeWork, Regus, Workshaala, Awfis Space Solutions, BHIVE Workspace, 91Springboard, Smartworks, StartupHuts and GoodWorks CoWork), 2019
Delhi NCR Flexible Workspace Market Share of Top Ten Players (Regus, Awfis Space Solutions, WeWork, 91Springboard, Innov8, InstaOffice, Vatika Business Centre & Co-working Spaces, Skootr, The Office Pass and CoworkIn), 2019
Mumbai Flexible Workspace Market Share of Top Ten Players (WeWork, Regus, Awfis Space Solutions, 91Springboard, Innov8, Redbrick Offices, The Executive Centre, The Empire Business Center, Smartworks and Bootstart), 2019
Pune Flexible Workspace Market Share of Top Ten Players (Awfis Space Solutions, Bootstart, Regus, TBL Space, Smartworks, IndiQube, Cowork Studio, Trios, Entrepreneur Facilitation Centre and Development and CoHive), 2019
Hyderabad Flexible Workspace Market Share of Top Ten Players (Regus, Awfis Space Solutions, WeWork, Unispace Business Centre, Ikeva, Workafella, Redbrick Offices, Rent A Desk, The Executive Centre and 91Springboard), 2019
6.5.2. India Flexible Workspace Market Mergers, Acquisition and Partnership
6.5.3. India Flexible Workspace Market Investment Rounds
6.5.4. Heat Map Analysis of Major Players (Regus, WeWork, Awfis Space Solutions, IndiQube, Smartworks, 91Springboard, The Executive Centre, Innov8, Vatika Business Centre & Co-working Spaces, InstaOffice, CoWrks and Incuspaze), on the Basis of Number of Centers in Different Cities, 2019
6.5.5. Cross Comparison Between Top 10 Operators (Regus, WeWork, Awfis Space Solutions, IndiQube, Smartworks, 91Springboard, The Executive Centre, Innov8, Vatika Business Centre & Co-working Spaces, InstaOffice, CoWrks and Incuspaze), 2019
On The Basis of Revenue Streams, and Business/Marketing Strategy
On The Basis of Management, Investors and Funding Round, 2019
On The Basis of Space (Area or Number of Desks), Revenue (2018), Major Clients and Average Desk Cost (USD Per Month)
6.5.6. Case Studies of Major Local Players (Services Offered, Establishment, Marketing Strategy, Funding, Additional Revenue Streams, Partners, Investors, Key Financials and Adoption Strategy)
Awfis Space Solutions
91 SpringBoard
Innov8 By Oyo
IndiQube
6.6. India Flexible Workspace Market Future Outlook and Projection, 2019-2025F
6.6.1. Projected Growth Drivers in India Flexible Workspace Market
6.6.2. Future Supply Scenario in India Flexible Workspace Market, 2019-2025F
Future Supply On the Basis of Space, 2019-2025F
Future Supply By Type of Flexible Workspace (Hybrid or Integrated Space, Serviced and Co-Working Space) On the Basis of Space, 2019-2025F
Future Supply By City (Bangalore, Delhi NCR, Mumbai, Hyderabad, Pune and Rest of India), 2019-2025F
6.6.3. Future Demand Scenario in India Flexible Workspace Industry, 2019-2025F
Future Demand on the Basis of Occupied Space and Occupancy Rate, 2019-2025F
Future Demand By End Users, on the Basis of Occupied Space, 2019-2025F
6.6.4. Future Demand-Supply Gap Analysis in India Flexible Workspace Market, 2019-2025F
7. Australia Flexible Workspace Market
7.1. Timeline of Major Companies in Australia Flexible Workspace Market, 2019
7.2. Australia Flexible Workspace Market Size, 2016-2019
7.2.1. Growth Drivers and Trends in Australia Flexible Workspace Market
7.2.2. Supply Scenario in Australia Flexible Workspace Market, 2016-2019
Supply on the Basis of Space, 2016-2019
Supply By Type of Flexible Workspace (Hybrid or Integrated Space, Serviced and Co-Working Space), on the Basis of Space, 2016-2019
Supply By City (Melbourne, Sydney and Rest of Australia), on the Basis of Space, 2016-2019
7.2.3. Demand Scenario in Australia Flexible Workspace Market, 2016-2019
Demand On The Basis Of Occupied Space And Occupancy Rate, 2016-2019
By End Users (Enterprise, MSME’s/Start Ups and Freelancers / Self Employed), on the Basis of Demand, 2016-2019
7.2.4. Supply-Demand Gap Analysis in Australia Flexible Workspace Market, 2016-2019
7.3. Competitive Scenario in Australia Flexible Workspace Market, 2019
7.3.1. Market Share of Top 10 Players by Number of Centers, 2019
Australia Flexible Workspace Market Share of Top 10 Players (Regus, Victory Offices, Servcorp, WeWork, WOTSO Workspace, Workspace365, Corporate House, The Executive Centre, Asia Pacific Serviced Offices, Compass Office and Others), 2019
Melbourne Flexible Workspace Market Share of Top 10 Players (Regus, Victory Offices, Workspace365, Asia Pacific Serviced Offices, Spaces, Compass Office, The Commons, Space & Co., WeWork, Servcorp and others), 2019
Sydney Flexible Workspace Market Share of Top 10 Players (Regus, Servcorp, WeWork, WOTSO Workspace, The Executive Centre, Victory Offices, Workspace365, Compass Office, Ultimate Office Solutions, Tank Stream Labs and Others), 2019
7.3.2. Heat Map Analysis of Major Players (Regus, Victory Offices, Servcorp, WeWork, WOTSO Workspace, Workspace365, Corporate House, The Executive Centre, Asia Pacific Serviced Offices, Compass Office, Spaces, Hub, Space & Co. and Christie Spaces), on the Basis of Number of Centers in Different Cities, 2019
7.3.3. Cross Comparison Between Major Players (Victory Office, WOTSO Workspace, Workspace365, Corporate House, Asia Pacific Serviced Offices, Hub, Space & Co. and Christie Spaces), 2019
On the Basis of Revenue Streams and Business Strategy
On the Basis of Geographies Serviced, Management, Vintage Years and Total Number of Centers
7.4. Australia Flexible Workspace Market Future Projection and Outlook, 2019-2025F
7.4.1. Projected Growth Drivers in Australia Flexible Workspace Industry
7.4.2. Future Supply Scenario in Australia Flexible Workspace Market, 2019-2025F
Future Supply On the Basis of Space, 2019-2025F
Future Supply By Type of Flexible Workspace (Hybrid or Integrated Space, Serviced and Co-Working Space) On the Basis of Space, 2019-2025F
Future Supply By City (Melbourne, Sydney and Rest of Australia) on the Basis of Space, 2019-2025F
7.4.3. Future Demand Scenario in Australia Flexible Workspace Market, 2019-2025F
Future Demand On The Basis Of Occupied Space And Occupancy Rate, 2019-2025F
Future Demand By End User (Enterprise, MSME’s/Start Ups and Freelancers / Self Employed), on the Basis of Occupied Space, 2019-2025F
7.4.4. Future Demand-Supply Gap Analysis in Australia Flexible Workspace Market, 2019-2025F
8. Japan Flexible Workspace Market
8.1. Emergence of Flexible Workspace Industry in Japan
8.2. Timeline of Major Companies in Japan Flexible Workspace Market, 2019
8.3. Japan Flexible Workspace Market Size, 2016-2019
8.3.1. Growth Drivers and Trends in Japan Flexible Workspace Market
8.3.2. Supply Scenario in Japan Flexible Workspace Market, 2016-2019
Supply on the Basis of Space, 2016-2019
Supply By Type of Flexible Workspace (Hybrid or Integrated Space, Serviced and Co-Working Space), on the Basis of Space, 2016-2019
Supply By City (Tokyo and Rest of Japan), on the Basis of Space, 2016-2019
8.3.3. Demand Scenario in Japan Flexible Workspace Market, 2016-2019
Demand On The Basis Of Occupied Space And Occupancy Rate, 2016-2019
Demand By End User (Enterprise, MSME’s/Start Ups and Freelancers / Self Employed), on the Basis of Occupied Space, 2016-2019
8.3.4. Supply-Demand Gap Analysis in Japan Flexible Workspace Market, 2016-2019
8.4. Competitive Scenario
8.4.1. Market Share, On the Basis of Number of Centers, 2019
Japan Flexible Workspace Market Share of Top 11 Players, 2019
Tokyo Flexible Workspace Market Share of Top 10 Players, 2019
8.4.2. Japan Flexible Workspace Market Mergers, Acquisition and Partnerships
8.4.3. Heat Map Analysis of Major Players (IWG (Regus and Spaces), ZXY, WorkStyling, WeWork, Servcorp, Business Airport, Expert Office, Tokyu Corporation, LIFORK and The Executive Centre), on the Basis of Number of Centers in Different Cities, 2019
8.4.4. Cross Comparison
On the Basis of Business Strategy and Revenue Streams
On the Basis of Management and Clientele
8.5. Japan Flexible Workspace Market Future Outlook and Projection, 2019-2025F
8.5.1. Projected Growth Drivers in Japan Flexible Workspace Industry
8.5.2. Future Supply Scenario in Japan Flexible Workspace Market, 2019-2025F
Future Supply On the Basis of Space, 2019-2025F
Future Supply By Type of Flexible Workspace (Hybrid or Integrated Space, Serviced Space and Co-Working Space), on the Basis of SPace, 2019-2025F
Future Supply by City (Tokyo and Rest of Japan), on the Basis of Space, 2019-2025F
8.5.3. Future Demand Scenario in Japan Flexible Workspace Market, 2019-2025F
Future Demand On The Basis Of Occupied Space And Occupancy Rate, 2019-2025F
Future Demand By End User (Enterprise, MSME’s/Start Ups and Freelancers / Self Employed), on the Basis of Occupied Space, 2019-2025F
8.5.4. Future Supply-Demand Gap Analysis in Japan Flexible Workspace Market, 2019-2025F
9. Philippines Flexible Workspace Market
9.1.Timeline of Major Companies in Philippines Flexible Workspace Market, 2019
9.2. Philippines Flexible Workspace Market Size, 2016-2019
9.2.1. Growth Drivers and Trends in Philippines Flexible Workspace Market
9.2.2. Supply Scenario in Philippines Flexible Workspace Market, 2016-2019
Supply on the Basis of Space, 2016-2019
Supply By Type of Flexible Workspace (Hybrid or Integrated Space, Serviced and Co-Working Space), on the Basis of Space, 2016-2019
Supply By Region (Metro Manila and Rest of Philippines), on the Basis of Space, 2016-2019
9.2.3. Demand Scenario in Philippines Flexible Workspace Market, 2016-2019
Demand On The Basis Of Occupied Space And Occupancy Rate, 2016-2019
Demand By End User (Enterprise, MSME’s/Start Ups and Freelancers / Self Employed), on the Basis of Occupied Space, 2016-2019
9.2.4. Supply-Demand Gap Analysis in Philippines Flexible Workspace Market, 2016-2019
9.3. Competitive Scenario
9.3.1. Market Share on the Basis of Number of Centers, 2019
Philippines Flexible Workspace Market Share of Top 10 Players (IWG (Regus + Spaces), KMC Co-working Space, Clock In, WeWork, Common Ground, vOffice, Compass Office, Acceler8, Penbrothers and A-Space), 2019
Metro Manila Flexible Workspace Market Share of Top 10 Players (IWG (Regus + Spaces), KMC Co-working Space, Clock In, WeWork, Common Ground, vOffice, Compass Office, Acceler8, Penbrothers and A-Space), 2019
9.3.2. Philippines Flexible Workspace Market Investment Rounds
9.3.3. Heat Map Analysis of Major Players (IWG (Regus + Spaces), KMC Co-working Space, Clock In, WeWork, Common Ground, vOffice, Compass Office, Acceler8, Penbrothers and A-Space) on the Basis of Number of Centers in Different Cities, 2019
9.3.4.Cross Comparison between Top 10 Players (IWG (Regus + Spaces), KMC Co-working Space, Clock In, WeWork, Common Ground, vOffice, Compass Office, Acceler8, Penbrothers and A-Space)
On the Basis of Management, Revenue Stream and Business Strategy
9.4. Philippines Flexible Workspace Market Future Outlook and Projection, 2019-2025F
9.4.1. Projected Growth Drivers in Philippines Flexible Workspace Industry
9.4.2. Future Supply Scenario in Philippines Flexible Workspace Market, 2019-2025F
Future Supply on the Basis of Space, 2019-2025F
Future Supply By Type of Flexible Workspace (Hybrid or Integrated Space, Serviced Space and Co-Working Space), on the Basis of SPace, 2019-2025F
Future Supply by Region (Metro Manila and Rest of Philippines) on the Basis of Space, 2019-2025F
9.4.3. Future Demand Scenario in Philippines Flexible Workspace Market, 2019-2025F
Future Demand On The Basis Of Occupied Space And Occupancy Rate, 2019-2025F
Future Demand By End User (Enterprise, MSME’s/Start Ups and Freelancers / Self Employed), on the Basis of Occupied Space, 2019-2025F
9.4.4. Future Supply-Demand Gap Analysis in Philippines Flexible Workspace Market, 2019-2025F
10. Singapore Flexible Workspace Market
10.1. Timeline of Major Companies in Singapore Flexible Workspace Market
10.2. Singapore Flexible Workspace Market Size, 2016-2019
10.2.1. Growth Drivers and Trends in Singapore Flexible Workspace Market
10.2.2. Supply Scenario in Singapore Flexible Workspace Market, 2016-2019
Supply on the Basis of Space, 2016-2019
Supply By Type of Flexible Workspace (Hybrid or Integrated Space, Serviced and Co-Working Space), on the Basis of Space, 2016-2019
10.2.3. Demand Scenario in Singapore Flexible Workspace Market, 2016-2019
Demand On The Basis Of Occupied Space And Occupancy Rate, 2016-2019
Demand By End User (Enterprise, MSME’s/Start Ups and Freelancers / Self Employed), on the Basis of Occupied Space, 2016-2019
10.2.4. Supply-Demand Gap Analysis in Singapore Flexible Workspace Market, 2016-2019
10.3. Competitive Scenario
10.3.1. Market Share of Major Players (IWG (Regus, Spaces, No18 and Signature), JustCo, WeWork, The Executive Centre, The Work Project, The Great Room, Found8, Servcorp, ClubCo and Ucommune) on the Basis of Number of Centers, 2019
10.3.2. Singapore Flexible Workspace Market Mergers, Acquisition and Partnerships
10.3.3. Singapore Flexible Workspace Market Investment Rounds
10.3.4. Cross Comparison
On the Basis of Revenue Streams, Business/Marketing Strategy and Management, 2019
On the Basis of Clients, Investors, Space in Sq Ft and Latest Funding Round, 2019
10.4. Singapore Flexible Workspace Market Future Outlook and Projection, 2019-2025F
10.4.1. Projected Growth Drivers and Trends in Singapore Flexible Workspace Industry
10.4.2. Future Supply Scenario in Singapore Flexible Workspace Market, 2019-2025F
Future Supply on the Basis of Space, 2019-2025F
Future Supply by Type of Flexible Workspace (Hybrid or Integrated Space, Serviced Space and Co-Working Space), on the Basis of SPace, 2019-2025F
10.4.3. Future Demand Scenario in Singapore Flexible Workspace Market, 2019-2025F
Future Demand on the Basis of Occupied Space and Occupancy Rate, 2019-2025F
Future Demand By End User (Enterprise, MSME’s/Start Ups and Freelancers / Self Employed), on the Basis of Occupied Space, 2019-2025F
10.4.4. Future Supply-Demand Gap Analysis in Singapore Flexible Workspace Market, 2019-2025F
11. Vietnam Flexible Workspace Market
11.1. Timeline of Major Companies in Vietnam Flexible Workspace Market
11.2. Vietnam Flexible Workspace Market Size, 2016-2019
11.2.1. Growth Drivers and Trends in Vietnam Flexible Workspace Market
11.2.2. Supply Scenario in Vietnam Flexible Workspace Market, 2016-2019
Supply on the Basis of Space, 2016-2019
Supply By Type of Flexible Workspace (Hybrid or Integrated Space, Serviced and Co-Working Space), on the Basis of Space, 2016-2019
Supply By City (Ho Chi Minh City, Hanoi and Rest of Vietnam) on the Basis of Space, 2016-2019
11.2.3. Demand Scenario in Vietnam Flexible Workspace Market, 2016-2019
Demand On The Basis Of Occupied Space And Occupancy Rate, 2016-2019
Demand By End User (Enterprise, MSME’s/Start Ups and Freelancers / Self Employed), on the Basis of Occupied Space, 2016-2019
11.2.4. Supply-Demand Gap Analysis in Vietnam Flexible Workspace Market, 2016-2019
11.3. Competitive Scenario
11.3.1. Market Share on the Basis of Number of Centers, 2019
Vietnam Flexible Workspace Market Share of Top 10 Players (Toong, Regus, Up Co-Working, G Office, Cogo Co-working, Dreamplex, eSmart, The Hive, CirCo and WeWork), 2019
Ho Chi Minh City Flexible Workspace Market Share of Major Players (Toong, G Office, Regus, eSmart, Dreamplex, The Hive, CirCo, WeWork, Compass and The Executive Centre), 2019
Hanoi Flexible Workspace Market Share of Major Players (Regus, Cogo Co-Working, Toong, Up Co-Working and Tiktak), 2019
11.3.2. Heat Map Analysis On the Basis of Number of Centers in Different Cities, 2019
11.3.3. Cross Comparison
On the Basis Revenue Streams, Business/Marketing Strategy, management and Investors (Toong, Up Co-Working, G Office, Cogo Co-working, DREAMPLEX, eSmart and CirCo)
11.4. Vietnam Flexible Workspace Market Future Outlook and Projection, 2019-2025F
11.4.1. Projected Growth Drivers and Trends in Vietnam Flexible Workspace Industry
11.4.2.Future Supply Scenario in Vietnam Flexible Workspace Market, 2019-2025F
Future Supply on the Basis of Space, 2019-2025F
Future Supply by Type of Flexible Workspace (Hybrid or Integrated Space, Serviced Space and Co-Working Space), on the Basis of SPace, 2019-2025F
Future Supply By City (Ho Chi Minh City, Hanoi and Rest of Vietnam) on the Basis of Space, 2019-2025F
11.4.3. Future Demand Scenario in Vietnam Flexible Workspace Market, 2019-2025F
Future Demand on the Basis of Occupied Space and Occupancy Rate, 2019-2025F
Future Demand By End User (Enterprise, MSME’s/Start Ups and Freelancers / Self Employed), on the Basis of Occupied Space, 2019-2025F
11.4.4. Future Supply-Demand Gap Analysis in Vietnam Flexible Workspace Market, 2019-2025F
12. Trends and Developments
New Products and Amenitisation
Increasing Number of Industry Specific Spaces
Increasing Number of Nomadic Co-Working Space
Increasing Number of Start-Ups and Freelancers
Increasing Number of Mergers and Acquisitions
Increasing Participation of Real Estate Developers
Increasing Geographical Presences
Increasing Funding
13. Issues and Challenges
Data Security and Privacy Issues
Brand Dilution
Insurance and Risk Cover
Low Customer Retention and Revenue Instability
24 Hour Working Facility, Power Consumption and Physical Security
14. Competition Scenario
14.1. Competition Stage (Nature of the Market, Competition Scenario and Business Sustainability), Company Position and Competition Parameters (Product Offering, Value Added Services, Rental Rate, Market Experience, Geographical Presence, Strategic Partnerships and Office Infrastructure), 2019
14.2.Company Profiles (Parameters: Company Overview, Business Strategy, Service Offerings, Partners, Financials, Recent Developments, Mergers and Acquisitions, Funding Rounds, Number of Centres and Average Desk Cost)
14.2.1. WeWork
14.2.2. IWG
14.2.3. Servcorp
14.2.4. The Executive Centre
14.2.5. Compass Office
14.2.6. Just Co
15. APAC Flexible Workspace Market Future Outlook and Projection, 2019-2025F
15.1. Projected Growth Drivers in APAC Flexible Workspace Market
15.2. Future Supply Scenario in APAC Flexible Workspace Market, 2019-2025F
15.2.1. Future Supply on the Basis of Space, 2019-2025F
15.2.2. Future Supply By Type of Flexible Workspace (Hybrid or Integrated Space, Serviced and Co-Working Space) On the Basis of Space, 2019-2025F
15.3. Future Demand Scenario in APAC Flexible Workspace Market, 2019-2025F
15.3.1. Future Demand on the Basis of Occupied Space, 2019-2025F
15.3.2. Future Demand By End Users, on the Basis of Occupied Space, 2019-2025F
15.1. Future Demand-Supply Gap Analysis in APAC Flexible Workspace Market, 2019-2025F
16. Analyst Recommendations
16.1. Analyst Recommendations for Potential New Entrants
What is the Ideal Space Structure For a Flexible Workspace in APAC?
What should be the Operational Timings of a Flexible Workspace in APAC?
What are the Upcoming Locations For Flexible Workspace in India?
What are the Upcoming Locations For Flexible Workspace in China?
What are the Upcoming Locations For Flexible Workspace in Australia?
What are the Upcoming Locations For Flexible Workspace in Japan?
What are the Upcoming Locations For Flexible Workspace in Singapore?
What are the Upcoming Locations For Flexible Workspace in Philippines?
What are the Upcoming Locations For Flexible Workspace in Vietnam?
What are the Different Revenue Streams for a Flexible Workspace Opeartor in APAC?
Why and How Should Commercial Real Estate Companies and Traditional Landowners Contribute to the Flexible Workspace Industry?
What Marketing Strategies can be Adopted by Flexible Workspace Brands in APAC?
What are the Various Source of Investment for Flexible Workspace Brands in APAC?
What is the Target Audience of Flexible Workspaces in APAC?
Best Practise in Business: Upcoming Business Strategies
16.2. Analyst Recommendations for Existing Players
Focus on Inorganic Growth
Focus on Non Rental Revenue Streams
Develop Strategic Partnerships
How can Flexible Workspaces Develop their Technological Infrastructure?
17. Success Case Study of Ucommune
18. Appendix
18.1.South Korea Flexible Workspace Market
18.1.1.Supply Scenario in South Korea Flexible Workspace Market, 2016-2025F
Supply on the Basis of Space, 2016-2025F
Supply By Type of Flexible Workspace (Hybrid or Integrated Space, Serviced Space and Co-Working Space), on the Basis of SPace, 2016-2025F
Supply By City (Seoul and Rest of South Korea), on the Basis of Space, 2016-2025F
18.1.2.Demand Scenario in South Korea Flexible Workspace Market, 2016-2025F
Supply By Occupied Space and Occupancy Rate, 2016-2025F
Supply By Type of End Users (Enterprise, MSME’s/Start Ups and Freelancers / Self Employed), on the Basis of Occupied Space, 2016-2025F
18.1.3. Supply-Demand Gap Analysis in South Korea Flexible Workspace Market, 2016-2025F
18.1.4.Competitive Scenario in South Korea Flexible Workspace Market
Market Share on the Basis of Number of Centers, 2019
Heat Map Analysis On the Basis of Number of Centers in Different Cities, 2019
South Korea Flexible Workspace Market Investment Rounds
Cross Comparison
19. Industry Speaks
Nidhi Marwah, Managing Director, South Asia and GCC, The Executive Centre
Mandeep Bakshi, Founder & CEO, OfficingNow
Mr Amit Ramani, CEO & Founder, Awfis
Yann R. Deschamps, Head of Asia Pacific, Workthere
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