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Best Office Suites Statistics
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- The global market value of flexible workspaces is estimated at an approximate $26 billion. [0]
- By 2030, the flexible workspace market is expected to represent 30% of U.S. office stock. [0]
- In global cities like London, New York and Chicago they are expanding at an annual rate of 20%, making coworking an institutional part of the market. [0]
- The share of the flexible office market held by London continues to grow year on year, up to 31% in 2020. [0]
- The UK flexible workspace market is on track to hit 12.5% penetration within two years â a doubling of current supply. [0]
- Flexible workspaces are expected to make up 7% of the London Commercial Real Estate market in 2019. [0]
Office Suites Latest Statistics
- May 2015Projected change in employment,2014â24 Forest and conservation technicians29,810$35,430. [1]
- In May 2015, median annual wagesâthe point at which half of workers made more than that amount, and half made lessâranged from $26,190 for forestry and conservation workers to $61,110 for conservation scientists, according to BLS. [1]
- More than 90% of respondents projected lease flexibility will increase in the future. [0]
- Of these respondents, 25% believed this will take the form of more flexible workspace agreements. [0]
- Despite the COVID 19 pandemic, JLL still predicts 30% of all office space will be consumed flexibly by. [0]
- Up until 2024, the number of coworking spaces is expected to grow at an annual rate of 6% in the U.S. and 13% elsewhere. [0]
- The average coworking space requirement continues to increase year after year, with the average client taking 7 desks.72% of coworking operators say they expect to see further industry consolidation, with 58% believing consolidation is a great opportunity. [0]
- the share is around 1.0%.15% and 5% Proportion of Grade A office space occupied by flexible workspace operators in prime office areas of Bangalore and Singapore. [0]
- In 2018, flexible workspaces accounted for 16% of prime grade net absorption in Shanghai, 10% on Hong Kong Island, 8% in the five central wards of Tokyo, and 45% in Singapore. [0]
- Shared workspaces have grown at an incredible rate of 200% over the past five years. [0]
- The number ofcoworking spaces in Australia grew 297%between 2013 2017.The average flexible workspace unit size is estimated at 22,300 sq ft, which is an increase from circa 15,000 sq ft two years ago. [0]
- Flexible workspaces are typically operating at 84% capacity in Central London. [0]
- Coworking now takes up 27million square feet of office space across the US.Occupancy levels have been nearing 100% for the few institutionalised coworking operators in India. [0]
- The Instant Group forecasts flexible workspace supply growth of over 21% in 2021. [0]
- Coworking space as a percentage of total office space nearly doubled from 1.1% in 2017 to 2.1% as of Q2 2020. [0]
- 67% of CRE decisionmakers are increasing workplace mobility programs and incorporating flexible space as a central element of their agile work strategies. [0]
- 86% of CBRE respondents see flexible office space as a key component of their future real estate strategies. [0]
- Landlords will increasingly allocate 10 â 25% of their assets for flexible leases. [0]
- 71.5% of workers that used coworking prior to the pandemic plan to return to it, while 54.9% of remote workers that didnât use coworking before stated that they will consider joining a coworking space as a remote work solution in the future. [0]
- 40% would like to be able to work from a third party place such as a coffee shop or a coworking space (+11%). [0]
- Coworking spaces will become popular among a growing percentage of employees . [0]
- 20% of corporate workers used coworking space at least one day a week, an increase from 14% in 2019. [0]
- 30% of flexible workspace providers reported that occupancy rates have remained relatively stable through the global lockdown, only falling by 10%. [0]
- Supply in the UK has grown by 4% despite COVID. [0]
- 90% of LATAM operators are planning to expand over the next 12 months. [0]
- Despite the COVID 19 pandemic, JLL still predicts 30% of all office space will be consumed flexibly by 2030. [0]
- The U.S. total flex office inventory was reduced by only about 1% in H1 2020. [0]
- Inner cities have become the most popular location type to date in 2020 with a 52% share of demand. [0]
- 43% of workers would consider working from a company provided location nearer to their home at least a few times a week. [0]
- In 2018, the number of coworking spaces rose 16% in the U.S. and 36% outside the U.S. Between 2014 and end of 2018, the number of flexible workspace locations expanded by +205% while the number of operators expanded by +138%. [0]
- 40% of flexible workspace demand is forecast to come from large and corporate companies. [0]
- 14% of employees at large companies use coworking spaces. [0]
- 72% of coworking operators say they expect to see further industry consolidation, with 58% believing consolidation is a great opportunity. [0]
- Coworking spaces accounted for almost 10% of space leased in Manhattan in the first half of 2018. [0]
- Demand of flexible workspace solutions from corporate clients increased by 21% in 2018. [0]
- Europe is forecast to see 255 million square feet of flexible space in 2019, which represents a 12% increase. [0]
- Coworking in Asia Pacific has the highest share of the overall office stock at 2.1%, comparatively in Europe and North America. [0]
- 15% and 5% Proportion of Grade A office space occupied by flexible workspace operators in prime office areas of Bangalore and Singapore. [0]
- The number ofcoworking spaces in Australia grew 297%between 2013. [0]
- The average flexible workspace unit size is estimated at 22,300 sq ft, which is an increase from circa 15,000 sq ft two years ago. [0]
- Occupancy levels have been nearing 100% for the few institutionalised coworking operators in India. [0]
- 76% of coworking members plan to remain users of coworking spaces in 2018. [0]
- By 2020 50% of large companies will have some form of shared office space. [0]
- 83% of users of coworking and other forms of flexible space claim to have benefited from these new work environments over the last 5. [0]
- 84% of people who use coworking spaces are more engaged and motivated. [0]
- 89% of people who cowork reported being happier. [0]
- This was in addition to 12% of workers showing clinical signs of email addiction. [2]
- Plus, 52% of respondents said theyâre more productive when theyâre not working in a noisy office. [2]
- When asked what employers could do to reduce workplace distractions, 38% chose âestablish designated spaces for quiet vs. noisy work.â. [2]
- Fifty three per cent of employees reported that workplace noise decreased their productivity; while only 35% of executives said that was true. [2]
- Openplan offices decrease faceto face interactions by about 70%. [2]
- Across two field studies, facetoface interactions decreased by about 70% after switching to an open plan office, while email interactions increased by about 20% to 50%. [2]
- Of the respondents who worked in open offices, 13% said that the workplace design has made them consider leaving their job. [2]
- And 29% feel that the noise and distractions in their open office hinder their productivity. [2]
- 67% of workers say spending too much time on meetings and calls is preventing them from doing their best work. [2]
- 76% of workers avoid the office when they need to focus and get important work done. [2]
- In fact, 50% prefer to tackle their most important work projects at home, citing fewer colleague interruptions, fewer distractions, and less office politics as reasons for being more productive. [2]
- And 16% of employees are currently searching for a new job because of flexibility issues!. [2]
- according to a 2019 FlexJobs survey of more than 7,300 people. [2]
- A study of 1,153 employees (52% of whom work remotely). [2]
- An estimated 120,000+ deaths per year in the U.S. are associated with workplace stress. [2]
- According to data from Mind, instead of sharing their stress struggles with employers, 95% of workers have given another reason for their time off, such as an upset stomach or a headache. [2]
- Another finding was that only 16% of workers felt they could disclose a mental health issue to their manager. [2]
- And 11% of respondents who disclosed a mental health issue at work faced disciplinary action, demotion, or dismissal afterwards. [2]
- A 2020 report by O.C. Tanner found that 79% of employees are suffering from burnout, which the report authors attribute to poor workplace culture. [2]
- In the Udemy study, 70% of respondents said theyâd like training from their employers on how to get better at blocking out distractions andmaintaining focus. [2]
- In Doodleâs State of Meetings Report, 76% of respondents said that faceto face meetings were preferred over all other meeting types, including conference calls and video calls. [2]
- That sentiment was echoed in the Korn Ferry survey, where 64% of participants preferred oneto one conversations with colleagues over meetings or calls. [2]
- According to Doodleâs research, if you want to make the most of your meetings, set objectives, have a clear agenda, and if possible, hold meetings between 8 a.m. and 12 p.m. Consider remote work and flexible schedules. [2]
- Even if your company isnât ready to go 100% remote, consider offering flexible start and end times or allowing your team to work from home one day a week. [2]
- Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2024, region from 2016 to 2024, and global price from 2016 to 2027. [3]
- However, the COVID 19 pandemic has seen square footage needs increase by about 20% between 2019 and 2020. [4]
- Itâs a good idea to add an extra10 20%of office square footage to account for future growth, as a general rule of thumb. [4]
- In addition to industry, other factors that affect how much office space you need per employee include Several factors have caused the average office space per employee tofall by 21%over the past decade, although the pandemic is reversing the trend. [4]
- Flexible workspace andremote worktrends have caused the average space per employee to shrink over the past decade, falling by about 21%.Between 2010 and 2012, the average amount of space per employee dropped from 225 ft2to 176 ft2, respectively. [4]
- While onethird of executives say they anticipate needing less office space in the next three years, over half estimate the amount of space they need will increase.26% of executives say they plan to increase theiroffice spaceper employee by 5. [4]
- 26% of executives say they plan to increase their. [4]
- In this regard, the average office space per employee in 2020 was 196 ft2, increasing more than 20% compared to previous years. [4]
- However, when you also factor in shared spaces, implementing social distancing floorplans means increasing the average square footage per employee by almost 50 percent. [4]
- This means that if you average 200 ft2per employee, a percentage of this number is dedicated to areas like conference rooms, break areas, and other communal spaces. [4]
- 200 ft2File room200 ft2Donât forget to include other common areasâand largely unused in the course of daily work tasksâlike lobbies, hallways, bathrooms, corridors, and circulation, which can add between 10% and 35% of office square footage. [4]
- Other communal space guidelines include Donât forget to include other common areasâand largely unused in the course of daily work tasksâlike lobbies, hallways, bathrooms, corridors, and circulation, which can add between 10% and 35% of office square footage. [4]
- As a general rule of thumb, itâs a good idea to add an extra 10 20% of office square footage to account for future growth. [4]
- When determining how much square footage you need per employee, you can account for future growth by adding an extra 10 20% and planning to reach your occupancy limit around 2/3 or 3/4 of the way through your lease term. [4]
- Experts also suggest that you add an extra 10 20% to account for the future of the business, so it may be safer to aim for 18,000 to 21,000 square feet if you expect your business to grow in the next few years. [4]
- For example, if your office space is 7,000 square feet and only 6,000 square feet are currently occupied, your office space occupancy rate is 85.7%. [4]
- In New York City, for example, office vacancy rates have risen 11.3% in the last year, and now stand at the highest level in 27 years. [5]
- Although survey results vary, some academic estimates suggest that around 20% of work days will be spent at home. [5]
- This suggests that offices will only need around 80% of their pre. [5]
- According to urban economists, modern cities exist for two reasons 1) Companies benefit from being nearby other firms and workers, which increases wages and profits, and 2). [5]
I know you want to use Office Suites Software, thus we made this list of best Office Suites Software. We also wrote about how to learn Office Suites Software and how to install Office Suites Software. Recently we wrote how to uninstall Office Suites Software for newbie users. Donât forgot to check latest Office Suites statistics of 2024.
Reference
- allwork – https://allwork.space/2021/03/coworking-is-the-new-normal-and-these-stats-prove-itt/.
- bls – https://www.bls.gov/careeroutlook/2016/article/forestry-careers.htm.
- sereneapp – https://sereneapp.com/workplace-productivity-statistics/.
- digitaljournal – https://www.digitaljournal.com/pr/office-suites-market-size-2024-industry-analysis-growth-statistics-production-current-trends-business-strategies-leading-players-review-microsoft-wordperfect-google-workspace-kingsoft-office.
- zippia – https://www.zippia.com/advice/how-much-office-space-per-employee/.
- hbr – https://hbr.org/2021/07/do-you-really-need-all-that-office-space.
How Useful is Office Suites
One of the key benefits of office suites is their versatility. From drafting documents and creating spreadsheets to designing presentations and managing emails, these applications cater to a diverse range of needs. Whether you are a student working on a research paper, a professional preparing a business proposal, or a manager organizing a team meeting, office suites offer the necessary tools to get the job done.
Moreover, office suites foster collaboration and communication among team members. Features such as real-time editing, cloud storage, and email integration enable individuals to work together seamlessly regardless of their physical locations. This not only enhances productivity but also promotes creativity and innovation within organizations as ideas can be readily shared and discussed.
Additionally, office suites are constantly being updated and improved to meet the evolving needs of users. New features and enhancements are regularly introduced to enhance the user experience, improve functionality, and address emerging challenges such as security threats and compatibility issues. By staying abreast of the latest developments, users can leverage the full capabilities of these applications to optimize their workflow and enhance their productivity.
Furthermore, office suites offer a high degree of customization, allowing users to tailor their workspace to suit their preferences. Whether it is adjusting the layout of the interface, creating customized templates, or enabling specific add-ons or extensions, users have the flexibility to personalize their environment for maximum efficiency and convenience.
Despite the numerous benefits of office suites, some critics argue that they may hinder creativity and innovation by promoting a standardized approach to work. However, it is essential to recognize that these tools are designed to be flexible and adaptable, accommodating a wide range of user preferences and work styles. Ultimately, it is up to individuals to harness the full potential of office suites and leverage their capabilities to support their creativity and innovation.
In conclusion, office suites are invaluable tools that offer a comprehensive set of applications to fulfill the diverse needs of users across various sectors. Their versatility, collaboration features, constant updates, and customization options make them indispensable for enhancing productivity, communication, and efficiency. As technology continues to evolve, office suites will undoubtedly play a pivotal role in empowering individuals and organizations to achieve their goals and unlock their full potential.
In Conclusion
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