The UK Serviced Offices Market Report identifies the opportunities and challenges arising from the cost-of-living crisis, competitive strategies by key players and future developments in the serviced office market. This report covers the UK serviced office market size, market forecast, market segmentation and serviced office market trends. Â
Key Areas Covered in this Report
- Analysis of the size of the market and forecast for the next five years.
- How operators should respond to evolving occupier expectations.
- Key market trends and drivers.
- Key industry players and competitive strategies.
Current Landscape of the UK Serviced Office Market
The stagnating economy coupled with inflationary pressures pose a key challenge to operators. Some occupiers will likely reduce their office space requirements, while rising operating costs continue to squeeze margins. Operators need to find a balance between keeping rates affordable for occupiers and addressing higher operating costs.
- UK serviced office market size: The UK supply of serviced offices has shown steady growth over the last five years in line with growing demand, and the number of serviced offices is forecast to reach over 5,000 by 2026.
Opportunities for the Serviced Offices Market
Serviced office providers will continue to benefit from the move to hybrid work models. There is a greater focus from flexible office providers to prioritise sustainability within their spaces, not just covering the basics such as recycling but also looking at energy sources and meeting criteria from sustainability-focused certifications, such as BREEAM and WELL. Operators need to be agile to match evolving business needs to remain relevant and gain a competitive edge.
This is just an example of what our full report contains, purchase our full report to learn more about the UK Serviced Offices Market.
More About this Report
Mintel’s UK Serviced Offices also contains information on the industry structure, and provides company profiles for key industry players, including Bizspace, Bruntwood, IWG, and more.
Expert Analysis from a B2B Specialist
This report, written by Claudia Preedy, a leading analyst in the B2B sector, delivers in-depth commentary and analysis to highlight current trends in the UK serviced office market and add expert context to the numbers.
The widespread adoption of hybrid working models continues to fuel demand for flexible workspaces.
Claudia Preedy
Senior B2B Analyst
Collapse All
-
- Key issues covered in this Report
-
Executive Summary
- Opportunities for the Serviced Offices Market
- Market Dynamics and Outlook
- Graph 1: number of serviced offices and forecast, 2019-28
-
Market Dynamics
- Market Size
- Graph 2: flexible office operator take-up, 2016-22
- Market Forecast
- Market Trends
- Macro-Economic Factors
- Graph 3: real GDP first quarterly estimates, 2022-23
- Graph 4: services output, month-on-month percentage change, 2022-23
- Market Drivers
- Graph 5: new companies incorporated, 2015-23
-
Competitive Landscape
- Industry Structure
- Graph 6: key serviced office providers, by number of locations, 2023
- Competitive Strategies
- Company Profiles
-
Appendix
- Supplementary Data
- Report Scope and Definitions
- Methodology
Why Choose Mintel?
Mintel is the world’s leading market intelligence agency. We show you how consumers think today and tomorrow. As a trusted partner to industry leaders, we deliver game-changing insights to businesses across the globe, fuelling their marketing and innovation strategies that will shape the future.
Access high-quality market research with every purchase of Mintel’s B2B Industry reports. Here’s what else is included in your report purchase:
- Multiple Report Formats: Mintel’s reports are available in PDF and PPT formats, and are delivered straight to your inbox, so you can easily share Mintel’s market intelligence.
- Interactive Custom Presentation Tool: Easily incorporate selected research data and analysis into a tailor-made presentation to win over clients and stakeholders.
Below is a generic PDF sample report. Understand what you are buying.
Please Note: All of the figures, graphs, and tables have been redacted.
£ 1,495 (Excl.Tax)
- Pay by credit card or purchase order
- Add multiple reports to your cart to receive a discount
Next Starts Here
Whatever your business needs, we have the solution. From market intelligence reports to customised growth strategies.
Learn moreTrusted by global industry leaders
At Jackman, we believe that powerful strategies are based on human insight. Mintel’s leading-edge reports and insights into consumer attitudes and behaviors are an important input as we develop and execute strategy.
Alana Gavin, VP Research and Insights, Jackman
We use Mintel to inform our thinking and reinforce strategy. If you’re presenting new ideas, it’s essential they are underpinned by robust data and evidence, and clearly rooted in fact.
Mintel gives us all that. It’s a great brand and one that is trusted by clients.
Marie Stafford, European Director, The Innovation Group, VML
We have such a great working relationship with Mintel on lots of different levels. As an insight partner, they have helped us to develop our business planning in specific categories as well as supporting our creative process but they’ve also been super helpful with facilitating our events in their inspirational offices near St Paul’s.
They’re an innovative company, with a client-focused team that always delivers.
Abby Carvosso, Group Managing Director, Bauer Media Group
When I’m investigating specific sectors I tend to use Mintel reports for their forecasting, which I’ve always found to be very accurate.
They also offer really broad and deep coverage in their reports. They are very, very detailed. For example, we were able to gain insight across a wide range of business areas from just one report, proving that Mintel is excellent value for money.
So overall, it’s the level of detail and the quality of forecasting that really stand out for me.
Rebecca Green, Market Insight Manager, Wincanton
We use Mintel Reports, mostly for financial services and ecommerce markets, plus a few retail and technology ones.
As a leading payments provider, we value additional insights into consumer behaviour, opinions and trends that are shaping the many different markets we operate in. Mintel is a very good and very quick way for us to obtain those insights.
We use Mintel to get a view on where a particular market is going, which can support us in product development and help us identify opportunities or indeed risks, it is a very useful barometer of a market’s potential.
Andrew Neeson, Market Intelligence Manager, VocaLink
Next Starts Here
Whatever your business needs, we have the solution. From market intelligence reports to customised growth strategies.
Learn more
