Market Size of Qatar Flexible Office Space Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 5.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Qatar Flexible Office Space Market Analysis
The Qatari flexible office market is expected to register a CAGR of more than 5% during the forecast period.
The impact of COVID-19 on the market was very low. Despite the disruption, the flexible office space market was resilient. Furthermore, the pandemic helped the market to emerge in the virtual office sector, with work from home and hybrid working model strategies.
The market is driven by the increasing demand from startups, real estate, SMEs, consultancies, and others. However, large companies are also moving toward flexible office spaces to enhance their employees' productivity and reduce operational costs. Furthermore, foreign investments are flowing into the sector, as Qatar provides many investment opportunities in the Middle Eastern region. It attracts businesses from all over the world due to its facilities, flexible services, and digital solutions. In addition, Qatar Free Zone Authority is creating 'Free Zone' in the country to attract international occupiers and investors for the development of the sector.
Furthermore, co-working spaces are emerging as a major sector in the market because they provide an environment to build professional relationships and expand business operations. In addition, Doha is leading in the country in terms of supply of and demand for flexible office spaces.
