The document compares three major competitors in the coworking space industry: WeWork, Regus, and Hud. WeWork has over 25 locations in 3 cities and is expanding rapidly in India through a partnership with Embassy Group. Regus is the largest player with over 3,000 locations in nearly 900 cities and 2.5 million members worldwide. Though smaller, Hud focuses on supporting startups and has a network of over 100 locations globally. The competitors offer similar services like private offices, coworking spaces, meeting rooms, and events, but differ in pricing, brand strength, and target customers. WeWork has a large growth rate in India while Regus has a larger global presence and standardized brand.
The document compares three major competitors in the coworking space industry: WeWork, Regus, and Hud. WeWork has over 25 locations in 3 cities and is expanding rapidly in India through a partnership with Embassy Group. Regus is the largest player with over 3,000 locations in nearly 900 cities and 2.5 million members worldwide. Though smaller, Hud focuses on supporting startups and has a network of over 100 locations globally. The competitors offer similar services like private offices, coworking spaces, meeting rooms, and events, but differ in pricing, brand strength, and target customers. WeWork has a large growth rate in India while Regus has a larger global presence and standardized brand.
The document compares three major competitors in the coworking space industry: WeWork, Regus, and Hud. WeWork has over 25 locations in 3 cities and is expanding rapidly in India through a partnership with Embassy Group. Regus is the largest player with over 3,000 locations in nearly 900 cities and 2.5 million members worldwide. Though smaller, Hud focuses on supporting startups and has a network of over 100 locations globally. The competitors offer similar services like private offices, coworking spaces, meeting rooms, and events, but differ in pricing, brand strength, and target customers. WeWork has a large growth rate in India while Regus has a larger global presence and standardized brand.
The document compares three major competitors in the coworking space industry: WeWork, Regus, and Hud. WeWork has over 25 locations in 3 cities and is expanding rapidly in India through a partnership with Embassy Group. Regus is the largest player with over 3,000 locations in nearly 900 cities and 2.5 million members worldwide. Though smaller, Hud focuses on supporting startups and has a network of over 100 locations globally. The competitors offer similar services like private offices, coworking spaces, meeting rooms, and events, but differ in pricing, brand strength, and target customers. WeWork has a large growth rate in India while Regus has a larger global presence and standardized brand.
Founded in Brussels, Belgium in ● Number of Cities: 3 founded in central London in early 1989 and headquartered in ● Number of physical locations: 21 2005, is a global network of Luxembourg, Regus is a major player ● Expanding soon in Pune, coworking spaces with over 100 in the industry. With over 3,000 Hyderabad, Chennai and Delhi locations. Though comparatively locations spanning nearly 900 cities, SUMMARY ● Blue-chip companies are the smaller than WeWork and Regus Regus also boasts just under 9,000 fastest-growing segment of the office and beyond. The company employees, compared to WeWork's WeWork's client base. With over 25 isn't even a franchise — each site is near-5,000. Without a shadow of percent of WeWork members being operated by local entrepreneurs who doubt, Regus is one of the biggest Blue-chip employees Source: aim to support new ideas and startups coworking chains, with about 2.5 WeWork Press Reports and Blogs as they launch. million members worldwide. Regus allows users to rent office or Software Developers and IT Services coworking spaces by the day, as Emerging industries Software Developers and IT Services opposed to a flat monthly fee. Some Consulting companies TARGET Financial and Legal Services notable clients include companies partners include investors, SMEs and CUSTOMERS Marketing and Advertising Services like big corporations, lawyers, corporates to governments, Emerging industries financial consultants,Google, Toshiba Booking.com, Tommy Hilfiger, WWF Netherlands, techies, Business lounge • Meetings & Conferences Workspace Premier workspaces • Day office usage Help desk The possibility to hire top talents • Print/copy/scan/fax SERVICE and Conference halls from all over the globe • Overspill space pricing Events State-of-the-art workspaces No office maintenance issues • Offices Price is high compared Reasonable prices, and more • Team meetings toRegus Low price compared to we work
● Value Proposition:, community and
flexible terms ● Positioning: Space that works for you Improving performance at centre GENERAL Advantages of Community Living ○ ○ Cost:Benefit Analysis level MARKETING ○ WeWork solves a problem for HR, ○ Global Presence, Solid operating platform STRATEGY Admin, Management and Employees Social media for brand pramoting Expanding service portfolio
Happy Enterprise Customer Stories
GTM Strategy it's day one for expanding to more Standardized office Regus office location locations in India Head-start in India Global brand, Highly market/customer oriented with a powerful JV with Embassy with the know-how, STRENGTHS environment maintained globally Group which has ready assets and delivering the brand promise Being Strong brand presences across the healthy capital Enterprises, the sunrise sector, industry gig-economy Strong Brand Portfoli Days inventory is high compare to Poor Financial Management: Volatile the competitors Intense Work Environment profitability Not highly successful at integrating Newcomer Struggle Regus strongly on branded officers WEAKNESSE firms with different work culture Overcrowded potential threat of unbranded serviced S Not very good at product demand In-efficient Ads officers. forecasting leading to higher rate of missed opportunities compare to its Poor Employee management. competitors current demand and plans, so has the advantage of technological prospective clients must submit a more social than some other and physical flexibility in a contact form to get a quote for each coworking options. Membership COMPETITI historically red ocean of commercial space. WeWork and Regus offer costs vary by location, and you VE real estate, and the disruption alone is competing spaces from Manhattan to choose a desk, coworking, or ADVANTAGE a competitive advantage in an Portland, so the ultimate choice community plan at your nearest industry that has seen limited comes down to office culture, location innovation. amenities and what you need from the space.