About Managed Office
Managed offices are empty spaces that are purposely built for office usage by giving the occupants an opportunity to have flexible control over the environment they work in, it can be suited and altered according to the needs of the occupants. The manged office comes with the basic wiring, furniture, and office cleaning services might sometimes be provided, however, meeting rooms and receptions might not be provided which comes under leasing the services office. They are ideal for startups, small medium-sized enterprises and scaleups giving them the freedom to brand their office hassle-free and upfront costs.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United Kingdom Players will contribute the maximum growth to Global Managed Office market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Instant Group (United Kingdom), ContinuitySA Pty Ltd. (South Africa), The Office Providers (Spain), International Workspace Group (Switzerland), Novatech, Inc. (United States), AccessWork (India), Prime Property Consultants Limited (China), BE Offices Limited (United Kingdom), Innov8 (India), Sneed Technologies Pvt.Ltd (India), FirstLease Consultant LLP (India) and Prime Office Space (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Managed Office market by , Application (Start-up and Small Business) and Region.
On the basis of geography, the market of Managed Office has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Lease, the sub-segment i.e. Flexible Lease will boost the Managed Office market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Amenities Served, the sub-segment i.e. Limited Amenities will boost the Managed Office market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Popularity of Flexible Workspace Among all Business Sizes and Emerging Demand for Managed Offices with full Amenities
Market Growth Drivers:
Growing Number of Startups and Small Scale Industry and Increasing Demand for More Flexible and Customizable Office Space
Challenges:
Preferences of Serviced Offices Over Managed Offices
Restraints:
Expensive Leasing of Managed Offices
Opportunities:
Emerging Demand for Managed Offices from Developing Economies and Growing Number of Young Entrepreneurs
Market Leaders and their expansionary development strategies
On 15th March 2019, OYO acquired co-working space firm Innov8, to open 35 new offices. OYO’s partnership with Innov8 will combine its capabilities of asset management and technology with the scale and real estate expertise of the co-working firm in the sphere of managed workspaces. Its new brand PowerStation is aimed at clients whose team sizes are growing and want “managed workspaces” in emerging business districts.
On 21st January 2020, The Novotech Inc. announced its launch of the managed office solution, a comprehensive palette of managed print, managed IT, cloud and cybersecurity services. Novotech's managed office services allow other companies to leverage technology to focus on providing better profits. It empowers them with a seamless solution for all the core functions that facilitate superior productivity, availability, reliability, and security, replacing outdated “bolt-on” solutions and operating approaches.
Key Target Audience
Managed Office Service Providers, Managed Office Occupants, Industry Associations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.