The small office home office services market size has grown strongly in recent years. It will grow from $24.82 billion in 2024 to $26.82 billion in 2025 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to internet connectivity, flexible work arrangements, increasing entrepreneurship, and small business growth, and urbanization and congestion.
The small office home office services market size is expected to see strong growth in the next few years. It will grow to $36.59 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to Remote Collaboration Tools, Cloud Computing Adoption, Flexible Work Policies, E-Commerce Growth, and Government Support Programs. Major trends in the forecast period include hybrid work models, virtual events and conferences, 5G-enabled connectivity, cybersecurity innovation, sustainable home offices, edge computing for SOHO.
The rise in the remote work culture is expected to propel the growth of the small home office market going forward. Remote work culture refers to the shift in organizational norms and practices that enable employees to perform job duties outside a traditional office setting, often from their homes or other remote locations. As more companies adopt flexible work arrangements, there is a growing demand for home office setups to accommodate remote work needs. Remote work culture uses small office home office (SOHO) setups to allow individuals to work efficiently and flexibly from their homes, fostering productivity, work-life balance, and cost-effectiveness. For instance, in February 2023, according to the Office for National Statistics (ONS), a UK-based government agency, 44% of UK workers were working in some form of remote capacity, 16% were full-time remote workers, and 28% were hybrid workers who split their time between office and home-based work. In contrast, in 2022, the number of people working remotely in the UK was 30% of the workforce. Therefore, the rise in remote work culture is driving the growth of the small office home office market.
Leading companies in the Small Office Home Office (SOHO) market are increasingly focused on creating a boundaryless work environment that supports flexibility and connectivity. This approach minimizes traditional barriers like physical offices, rigid hierarchies, and time constraints, enabling seamless collaboration and remote work adaptability. For example, in February 2024, Turing, a US-based company, introduced a comprehensive remote work guide aimed at helping businesses and employees navigate the boundaryless workspace. This approach allows individuals to work from preferred locations, supports cross-location communication, and helps organizations rapidly respond to evolving market demands, thereby boosting productivity and work-life balance in the SOHO market.
In January 2022, WeWork Inc., a US-based coworking space and related services provider, acquired Common Desk for an undisclosed amount. With the enhanced support from WeWork, Common Desk will utilize WeWork's ten years of experience in member services to enhance our members' expertise and use WeWork's impressive client list to expand WeWork's member base further. Common Desk is a US-based flexible workspace provider.
Major companies operating in the small office home office market are Netgear Inc, QNAP Systems Inc, Microsoft, STMicroelectronics, Western Digital Technologies Inc., ASUS, Synology, Apple, Cisco Systems Inc., Dell Technologies, Dropbox, Google LLC, HP Inc., Intuit Inc., Legalzoom, Mailchimp, Salesforce Inc., Logitech International S.A., Dropbox Inc., LogMeIn Inc., Netgear Inc., Seiko Epson Corporation, Mailchimp Inc., LegalZoom Inc., Synology Inc., QNAP Systems Inc.
North America was the largest region in the small office home office market in 2024. The regions covered in the small office home office market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the small office home office market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The small office home office market includes revenues earned by entities by freelance services, consulting, virtual assistance, and digital marketing services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
Small office home office (SOHO) refers to a category of business or workplace characterized by its small size, typically having a limited number of employees, often just one or a few individuals. The office serves as a space for business-related tasks, including administrative duties, potential client meetings, communication, and fulfilling other professional obligations.
The main products of small office home offices are cloud services, managed services, network services, and security services. Cloud services are services provided over the internet, such as data storage, software applications, and computing power, allowing businesses to access and use resources remotely on a pay-as-you-go basis, it used in small businesses and home offices, and it used for retail, it and telecom, healthcare, manufacturing, education financial services: other end-users.
The main products of small office home offices are cloud services, managed services, network services, and security services. Cloud services are services provided over the internet, such as data storage, software applications, and computing power, allowing businesses to access and use resources remotely on a pay-as-you-go basis, it used in small businesses and home offices, and it used for retail, it and telecom, healthcare, manufacturing, education financial services: other end-users.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Small Office Home Office Services Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on small office home office services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for small office home office services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The small office home office services market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product: Cloud Services; Managed Services; Network Services; Security Services2) By Application: Small Business Home; Office
3) By End-User: Retail IT And Telecom; Healthcare; Manufacturing; Education; Financial Services; Media And Entertainment; Other End-Users
Subsegments:
1) By Cloud Services: Cloud Storage Solutions; Cloud Collaboration Tools2) By Managed Services: IT Support Services; Managed Print Services
3) By Network Services: Internet Connectivity Solutions; Virtual Private Network (VPN) Services
4) By Security Services: Cybersecurity Solutions; Data Backup And Recovery Services
Key Companies Mentioned: Netgear Inc; QNAP Systems Inc; Microsoft; STMicroelectronics; Western Digital Technologies Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Small Office Home Office Services market report include:- Netgear Inc
- QNAP Systems Inc
- Microsoft
- STMicroelectronics
- Western Digital Technologies Inc.
- ASUS
- Synology
- Apple
- Cisco Systems Inc.
- Dell Technologies
- Dropbox
- Google LLC
- HP Inc.
- Intuit Inc.
- Legalzoom
- Mailchimp
- Salesforce Inc.
- Logitech International S.A.
- Dropbox Inc.
- LogMeIn Inc.
- Netgear Inc.
- Seiko Epson Corporation
- Mailchimp Inc.
- LegalZoom Inc.
- Synology Inc.
- QNAP Systems Inc
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 26.82 Billion |
Forecasted Market Value ( USD | $ 36.59 Billion |
Compound Annual Growth Rate | 8.1% |
Regions Covered | Global |
No. of Companies Mentioned | 26 |