The Serviced Office Leasing industry struggled during the recession when corporate profit declined and businesses closed. However, as the economy has recovered, the industry has experienced an uptick in demand for its services. In the five years to 2020, as the number of telecommuters in the workforce increases, revenue will continue to grow.
Establishments in this industry rent or lease fully furnished office space to businesses on a part-time or as-needed basis to a myriad of businesses, ranging from start-ups to Fortune 500 companies. The industry also provides virtual office and conference room leasing options. Companies that provide conventional commercial leasing options are excluded from this industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.