Good service: The industry benefits from businesses increasingly seeking flexibility

IBISWorld’s Serviced Office Leasing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.


Industry Analysis & Industry Trends

The Serviced Office Leasing industry has gained favour with an increasing number of businesses over the past five years. The flexibility of serviced offices has strengthened the industry’s position in the office property market. Clients have warmed to the concept of securing a prestigious office location without committing to long-term lease arrangements and permanent staffing costs.

The industry has flourished over the past five years, posting strong revenue growth in most years. This is due to improving economic conditions, which have kept business confidence positive for most of the period and helped boost demand from professional services and business tourism. Consequently, industry revenue is projected to grow at an annualised 3.5%...

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What is the Serviced Office Leasing industry?

Businesses have increasingly realised the benefits of serviced office leasing. This is particularly true for small owner-operator businesses, which have traditionally been based at home and relied on public spaces, such as coffee shops, for informal meetings. The industry has posted strong growth over the past five years, with improving conditions encouraging businesses to expand operations. Industry revenue is projected to grow at an annualised 3.5% over the five years through 2016-17, to reach $354.5 million. Revenue growth is expected to be more subdued during 2016-17, at an estimated 0.3%. Falling business confidence, particularly among operators exposed to mining industries and commodity prices, is likely to constrain industry revenue growth during the year...

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Products & Brands

Major products in this industry
Serviced office services
Virtual office services
Conference and meeting rooms

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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