UK Serviced Offices Market Report
Everything you need to make the right decisions
Providing the most comprehensive and up-to-date information and analysis of the Serviced Offices market, and the behaviours, preferences and habits of the consumer.
Mintel has the answers you’re looking for
What are the key challenges facing the industry and how fast are its rates of growth? Who is the consumer and what do they want? Where are the opportunities, where are the risks and what lies ahead?
Covered in this Report
This report will explore the following key issues regarding the serviced office industry in the UK:
- What are the key factors creating demand for serviced office accommodation?
- How have changing economic conditions affected the market?
- How are trends in working practices going to change the nature of demand for serviced office space?
- What does the future of the UK serviced office sector look like?
Serviced offices are commercial buildings providing short-term contract accommodation, including reception services, furniture, telephony and information technology infrastructure. MBD’s market definition includes serviced offices, semi-serviced offices, business centres and managed workspace.
For the purposes of compiling the market size, third place locations (work spaces for drop-in customers rather than dedicated office space) and co-working spaces (work spaces, usually pay-asyou-go, dedicated as a shared working environment) are excluded. However, these types of accommodation are considered when analysing market trends, commercial opportunities, and operators’ performance.
Serviced offices are fully fitted and furnished. The operator is not only responsible for the building maintenance, but will also provide a range of business services, which may include meeting and conference facilities, as well as support services - from catering to presentation equipment, reception, secretarial and clerical services, IT and telecommunications support, video conferencing and internet access. This enables clients to occupy the premises and outsource costly internal operations.
All of the values quoted in this report are at current prices unless otherwise specified.
The term billion refers to 1,000 million.
Some numbers in tables do not add exactly due to rounding.
Expert analysis from a specialist in the field
Written by Lewis Cone, a leading analyst in the B2B sector, his extensive knowledge delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.
Companies will need to respond to the needs and aspirations of both younger and older generations to attract and retain the best employees. Neither generation is driven primarily by finances, with quality of life, flexible working, and careers the key elements that will drive future demand for serviced office space.
What you get
This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
Mintel's proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Market reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
* This is a sample representation of the report layout and does not reflect the research included in this report.
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