What is Space-as-a-Service?
Space-as-a-Service, or SPaaS, is a space that is procured on demand. Simply put, it is a space that can be used as a coworking workplace for individuals and corporate clients.

WeWork is an example of a Space-as-a-Service project that is dedicated to temporary or flexible office space rentals.

SPaaS can be called a byproduct of structural changes that have occurred in the commercial real estate industry that was triggered by the technology shift. Technology is paving the way for fundamental changes to how businesses operate, how people work and live, and where they do it. This transformation is made possible by the exponential growth of high-speed connectivity, the pervasive use of smartphones, the proliferation of cloud computing, and the adoption of AI. Combined together, all these technologies are changing the way we use and occupy space.
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