The COVID-19 pandemic changed the concept of the traditional workspace forever, forcing many businesses to reconsider what their office will look like in the future. In Q1 2020, the start to the global COVID-19 pandemic pushed flexible space activity down even further, with most cities recording just a handful of new transactions representing either overflow from Q4 or landlords continuing their own formats. Evolving with these changing needs, the flexible workspace industry is more poised than ever to continue its growth trajectory. COVID-19 has provided an opportunity for greater gender equality within the workforce. Near-term: Business continuity for Occupiers. You have permission to edit this article. Sections. The onset of the novel COVID-19 pandemic is expected to play a significant role in the expansion of the global flexible workspace market, particularly in 2020. To make the shift your workplace culture needs during COVID-19 , consider these three ways to improve workplace flexibility while many of your employees work remotely. As COVID-19 impacts workplace operations globally, this article gives a break-down of how occupiers can engage with flexible workspace operators, as both a near-term business continuity solution and longer-term way of working for enterprises. DUBLIN, May 20, 2020 /PRNewswire/ -- The "Global Flexible Workspace Market: Size and Forecasts with Impact Analysis of COVID-19 (2020-2024)" report has been added to … Flexible Workspace Market & COVID-19 Impact Assessment 2020 - Global and Regional Implications to 2024 - ResearchAndMarkets.com May 18, 2020 05:12 AM Eastern Daylight Time According to JLL’s report titled: A 360⁰ view of India’s flexible workspaces, in the first nine months of 2020, the Indian flex space market witnessed a net absorption of more than 17 million sq ft. Unless a flexible workspace operator has implemented heightened health and safety protocols, the exposure risk in a flexible workspace is just as high, if not higher, than a traditional office. The risk of exposure to the coronavirus (COVID-19) exists across all workplace environments. Coworking spaces won't die from COVID-19: they are essential to helping communities respond to the current crisis and to helping cities and regions recover. By opting for flexible workspaces, companies can offer a choice for employees to work out of a smaller, safe and focussed office space closer to their homes. Profile the Top Key Players of Flexible Workspace, with sales, revenue and global market share … Providing info like market competitive situation, product scope, market overview, opportunities, driving force and market risks. The Flexible Workspace market report [6 Years Forecast 2020-2026] focuses on the COVID19 Outbreak Impact analysis of key points influencing the growth of the market. That might be about to change. Flexible space leasing activity in Q4 2019 was down 50% compared to 2018. In New York, Working mothers who typically devote more time to caregiving responsibilities than their spouses have long negotiated flexible work arrangements at the risk of looking less devoted to their career in the eyes of their peers. Flexible Workspace . Edit Close. The Covid-19 pandemic has prompted a shift from big city centre offices to smaller suburban work hubs, according to IWG, the world’s biggest flexible workspace provider.