Market Size of Qatar Co-Working Office Spaces Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 92.74 Billion |
| Market Size (2029) | USD 126.13 Billion |
| CAGR (2024 - 2029) | 6.34 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Qatar Co-Working Office Spaces Market Analysis
The Qatar Co-Working Office Spaces Market size is estimated at USD 92.74 billion in 2024, and is expected to reach USD 126.13 billion by 2029, growing at a CAGR of 6.34% during the forecast period (2024-2029).
- Large corporations are shifting towards more flexible office environments in order to boost staff productivity and cut costs. Foreign investments are also flooding into the sector, as Qatar offers many investment opportunities in the Middle East area and attracts firms from all over the world thanks to its facilities, flexible services, and digital solutions. The Qatar Free Zone Authority is establishing a "Free Zone" in the country in order to attract international occupiers and investors which will lead to the sector's development.
- COVID-19 had a minimal impact on the market. Though initially the lockdowns caused some disruption in the market, the long-term trends created by the pandemic will support the market growth over the forecast period. Employees have started preferring work-from-home and hybrid working after the pandemic. This is supporting the market growth.
- Meanwhile, in 2022, the demand for co-working spaces in Qatar was fuelled by startup culture and the spirit of entrepreneurship. Recent years have seen a rise in the number of shared working spaces in the country. The trend of rising demand for co-working spaces and flexible serviced office accommodation in Qatar is expected to continue.
