For businesses, coworking spaces offer a cost-effective alternative to traditional office spaces, allowing them to reduce overhead costs and operate in a more agile and scalable manner. (, London has the highest number of coworking, The demand for flexible office supply in US and Canada dropped in Q1 in 2022 compared to Q1 in 2020. These will include more customisation, with distinct areas such as open workstations and lounges, such as Regus custom offices. The rapid coworking growth was inevitable. So far, you have mobile coworking spaces that take you from the noisy city environment to the serene nature ambient. By Carsten Foertsch - Monday, 15 May 2023 Prior to the pandemic, co-working spaces were the fastest-growing type of office space in commercial real estate. In fact, its a place where you can relax and enjoy yourself while getting some work done in the process. With the rise of coworking spaces come the inevitable trends that shape them as well as make them rewarding work experiences. 2022 was a big year for the coworking industry. Coworking spaces for entrepreneurs in the pet supply business. Coworking Statistics & Trends You MUST Know in 2023 As businesses grapple with the ever-changing landscape of work, they are looking for ways to be more agile and adaptable to change. This gave birth to a hybrid coworking space trend that keeps getting more and more popular these days. HubStar: "The Rise of Co-Working Spaces", cited in January 2023 . Want to know more about how we can help with hybrid working? But where do coworking spaces fit into all of this? Coworking in hybrid spaces The coworking concept extends well beyond the confines of the office environment. After all, companies want to be perceived as modern businesses so that they can attract younger talents. This website uses and stores data such as cookies to enable essential website functionality, enhance your browsing experience, measure advertising performance as well as analytics and marketing.By clicking 'Accept All', you consent to our use of your data.Learn more. Your team can communicate easily online, and documents can be shared electronically. Check out this Twitter post to see what it looks like inside. In the wake of the COVID-19 pandemic, many companies are rethinking their office space needs. That way, they can control the situation as they see fit. Coworking spaces offer a flexible and supportive working environment for individuals and businesses looking for a cost-effective and collaborative alternative to more traditional office space. That and the benefits of co-economy where two or more businesses can benefit greatly from their collaboration. Le Christina. Conversely, 19 percent of respondents listed a recession as their biggest obstacle to their businesses, a 5 percent decrease from December's 24 percent. Coworking spaces are the answer to this, and they have the best of two worlds. Once your website is up and running, you can promote your coworking space across the Internet. (, The Asia-Pacific region has the largest number of, (5,889), followed by Europe (5,858) and then North America (4,698). (. We recently sat down with Fenna Leake, Managing Director of Future Leap, a coworking space and business network in Bristol. Globally, the average capacity is 83 people. The Future Of Coworking: Trends To Watch In 2023 - Office On Technology has made managing businesses easier by providing tools and solutions that automate tasks, streamline processes, improve communication and collaboration, and provide access to real-time data and analytics. In fact, 75% of workers would give up one of their work benefits for an opportunity to choose their work environment. Statista. The main reason is that such companies see this trend as an opportunity. Coworking and flexible workspaces are growing rapidly, and with so many people unacquainted with the industry being exposed to it for the first time, we thought it would be a good idea to go over exactly what coworking is and where it all came from. The Future of Coworking: 10 Trends That Will Shape 2023 and Beyond We have many options and price points, and all terms are flexible. and marketing, consulting, and design. According to a survey by GCUC, 89% of coworkers report that they feel happier since joining a coworking space, citing the sense of community as a major factor. In the US, Salt Lake City in Utah has the largest flexible office spaces with an average square footage of 18,861. 83% of members say that they feel less alone after becoming a part of a, 79.7% of people report being equally or more physically active since joining a. Following are some of the top trends and stats for coworking spaces in 2023: 1. Our shared workspaces in our Executive Business Center are loaded with the latest technology to help you stay connected and productive. (, During the pandemic, daily users dropped from 60% in January to 40% in November 2020. China has the highest capacity per space, with a tremendous number of 282 people per space. Many people agreed with this creative way of working, and by the 2000s, the first coworking spaces opened. 8. The Future of Coworking: Trends to Watch in 2023 | Muze Office Some of the future trends of Coworking spaces in 2023 are listed below: 10 future trends of Coworking spaces in 2023 Rapid urbanization and rising demand for flexible working spaces Boost in technology and digitization Growth of Tier 2 and Tier 3 cities Increased focus on community Growth in investment and partnerships Expansion into new segments Many spaces are implementing composting and recycling programs to reduce their waste and minimize their impact on landfills. Many people agreed with this creative way of working, and by the 2000s, the first coworking spaces opened. Future-Proofing Your Coworking Space: Adapting to 2023 Trends - Part 1 Mental health is often viewed as a personal issue that people should be able to deal with on their own. This includes everything from high-speed internet and state-of-the-art AV equipment to smart office features like automated lighting and temperature control. However, the global pandemic forced numerous companies to switch to remote work quickly. Moreover, a lot of people were left unemployed due to the pandemic. Many coworking space owners even conduct a bit of research among their customers to determine their preferences. Coworking Industry Trends for 2022 - Workspace Strategies Our shared workspaces in our Executive Business Center are loaded with the latest technology to help you stay connected and productive. Thats why coworking spaces are available to people 24/7. Firstly, the fact that coworking is proving to be so successful that non-traditional operators are getting on board can be viewed as a great thing for the industry. The Biggest Workplace Trends To Watch For in 2023 Todays coworking spaces are designed to be more than just a place to get work done. increases worldwide, more people will want the use of flexible working spaces. and As the world becomes more environmentally conscious, coworking spaces will need to adopt eco-friendly practices and technologies to reduce their carbon footprint. By the end of 2023, Gartner predicts that 39% of global knowledge workers will maintain hybrid work arrangements. We answer these questions in the second article on the new business trends in coworking spaces. Trends that will shape the Coworking Sector in 2023 - Entrepreneur Sustainable business practices have become a significant focus across all industry sectors. (, show that larger spaces achieve higher revenue from user bookings with a dedicated office plan (50%). We dont have permanent offices anymore, says Andi Mann, the firms CTO. Coworking market size 2030 | Statista It aimed to provide computer enthusiasts with a collaborative working environment. (, per hour in the U.S. varies between $55 to $75. Companies may find themselves better equipped to face shifting global events by having access to more flexible working spaces, particularly as they help to reduce spending on costs associated with traditional office space and utilities. Enter the username or e-mail you used in your profile. 2023 - 6:00 am Tom Ellingson, right, co-founder CEO of Fandeavor, and Jacob Sudek talk to . The World Health Organization found that 15 percent of working-age adults globally suffer from mental health conditions due to a poor working environment. distancing themselves from traditional offices, The rise of digital nomads: Opportunities and challenges for businesses, Top 15 remote working software for efficient teams, 8 pro tips for effective hybrid workforce management, Navigating the challenges of managing a cross-cultural remote team, What a hybrid work policy should include (+ free template), Remote employee management: How to avoid 11 common pitfalls. Coworking Statistics & Trends [2023 Update] | DropDesk - DropDesk Have CTAs and social sharing buttons at all the right places. A growing number of more established business owners are starting to realise that coworking makes a lot of sense from an employee recruitment and retention perspective, as well as a business one (i.e. Coworking trends: 11 predictions for 2023 - Time Doctor This is an astonishing 158% increase compared to 2020. This way, everyone benefits from the collective knowledge within the community and there are endless opportunities for collaboration. The Future of Coworking: Predictions and Trends for 2023 The millennial generation is taking over the global workforce, and their preferences are giving birth to new trends. The coworking space market is expected to grow at a compound annual growth rate (CAGR) of 17% through 2026. July 10, 2023. in Coworking for Freelancers. Andcards: "11 Coworking Space Statistics to Keep in Mind in 2022", cited in January 2023 . All of this helps reduce the need for each individual to have their own set of resources, leading to a more sustainable approach without compromising business goals. However, when companies were forced to leverage remote work, they finally realized its true value. We've compiled a list of the most eye-opening coworking statistics for 2023 to help you completely understand the state of coworking spaces and their place in the world today. Prior to joining Nexudus Stephen worked in boutique restaurants and hotels before setting up a successful coworking space in Shoreditch, East London, so knows a thing or two about how this is done. As you might imagine, these are usually buses, trailers and mobile pods redesigned into coworking spaces on wheels. Niche coworking offices provide specialised areas to professionals in specific fields. So, what does this mean for office-based coworking spaces? Companies fail to realize how important work flexibility really is. Une antenne de proximit et toute. Remote work isnt the best solution, but its a great one. With thousands of locations worldwide, in every major town, city and transport hub, it's never been easier to work your way. As mentioned before, your coworking space can feature people from various industries. (, 26% of spaces indicate that they cannot provide enough, The workload and the administrative tasks are challenging for 29%. But what does this mean for the future of coworking? Coworking is blossoming but you already know this! Employees who had an opportunity to work from home arent willing to go back to the office anymore. As such, coworking can boost morale and productivity for remote workers, and all of this is conducive to productivity. The rapid, Today, many professionals, especially those that work as a part of a, Coworking is more than a trend now, and here are some. With the rise of hybrid spaces, we can also expect more freelancers to join the ranks of coworking members, as these spaces provide them with the flexibility and amenities they need to be productive. 182. Globally, Asia has the largest capacity of coworking hubs with 114 people per space, whereas South America has the lowest with 54 people per space. Jul 3, 2023. These people decided to work remotely and travel the world while at it. (, As of March 2022, Europe has around 4,200 flexible workspaces. Others, on the other hand, are night owls and prefer to work during the night. and a more manageable commute has remained. Todays workers are looking for a complete package that includes things like on-site childcare, gym memberships, and dining options. Finally, supply chain issues were not . Coworking spaces are well-positioned to meet this demand, offering an alternative to traditional office spaces that may not be suitable for remote workers. All rights reserved. Mobile coworking spaces are designed to help traveling remote workers settle down somewhere to do their work while resuming their travels. Now, even traditional industries are considering a shift towards remote work and coworking spaces. This trend is expected to continue in 2023, driving demand for flexible coworking spaces that can accommodate these hybrid work models. The actual materials and designs in coworking spaces are also reflective of sustainability. (, 64% of people who share an office with a coworker became better at completing their tasks on time. For example, 90% of Millennials and Generation Z workers indicate there is a gap between the technology currently offered in their office and what they need to do their jobs effectively. The largest HR benefits database and RFP platform for effortlessly researching, comparing, and selecting Thats why a lot of coworking spaces are becoming niche-oriented. (, In the U.S., more than one million people use coworking facilities. Community is a core component of coworking spaces, and in 2023, there is an increased emphasis on building and fostering a sense of community within these spaces. Coworking spaces can create collaborative, creative spaces that develop personal and professional skills. As businesses are starting to take notice of this, they are beginning to provide more support for employees dealing with mental health issues by offering things like therapy and counseling services, on-site yoga and meditation classes, and even bring-your-pet-to-work days. The opportunity to network in a coworking space offers an opportunity to create meaningful connections with professionals in the same industry. (, 21.76% of spaces had to close down due to the pandemic. One of the key advantages of coworking spaces is the sense of community they provide. Coworking Trends in 2022 suggest that space owners are more focused on technology. The overall value of coworking spaces worldwide is predicted to grow several times by 2030 from its initial value of nearly seven billion U.S. . Coworking is here to stay. Residential building trends are influenced by many factors including the economy, product availability and cost. . They typically offer private offices, dedicated desks, and flexible workspace options, all under one roof. Its been over 17 years since the coworking seed was sown by Brad Neuberg, who blogged about an idea to come together in community. Trends that will shape the Coworking Sector in 2023 Modern workplaces must shift from being office-centric to being human-centric, with a focus on flexibility, employee well-being, and sustainability. Many spaces are offering mental health resources and support to their members, such as access to therapy sessions and meditation rooms. And, our ultra-fast internet connection and data backup ensure that your information is never lost, stolen, or compromised. Musum d'Histoire Naturelle de Bourges. As such, coworking can boost morale and productivity for remote workers, and all of this is, As a result, the occupancy of coworking facilities is ever-increasing, with more and more corporations switching to, Trends also suggest that operators will be focusing on creating more corporate-friendly coworking spaces. We support them going with or without colleagues to a place like WeWork or other shared workspaces, he says. (, Workations will increase by 47% compared to pre-covid times. Ibis Bourges. In the U.S., the average number of people per. We recently sat down with Collabor8te's Teresa Jackson, to discuss her experiences of running a workspace, and how they have stayed true to their values despite the vast changes the coworking industry has seen over the years. 147. In conclusion, the coworking industry is evolving rapidly, and we expect to see several trends emerge in 2023. These are filled with both personal and professional networking opportunities and events such as weekly lunches and yoga classes. (, Attracting new members is a limiting factor for 44% of coworking facilities. At Office Evolution Arlington-Rosslyn, we provide virtual office, coworking, and dedicated private office solutions at our business center. These allow access to coworking spaces across the world, as well as a professional global network of lounges and offices. They may also need your coworking space for business meetings, team-building activities, and so on. (, is the Internation Workplace Group (IWG), formerly known as Regus, which operates 3000+ spaces across 1000+ cities in 110+ countries. Gone are the days of drab industrial offices. (, The IWG has over 234,000 workspaces in the U.S., followed by 113,000 in the U.K, and 100,000 in Asia-Pacific. Deskmag | The Coworking Magazine Experts suggest that this trend wouldve developed on its own eventually. 309. from $82/night. The purpose of coworking spaces shifted from being convenient offices for remote workers and freelancers to stress-free environments. This way, corporate teams are better able to find workspaces on demand through booking platforms for maximum productivity. Still, people are willing to sacrifice those benefits for the freedom to choose their work environment. Include promotions, discounts and special offers. As for the owners of the coworking space, its easier to manage such areas. . Its now estimated that the perfect commute is considered 15-30 minutes. And how are coworking spaces responding? High-rise residential building trends in Kansas City More and more coworking spaces are incorporating elements of wellness and sustainability into their design and operations. Shortlister helps you reach your ideal prospects. Whilst the quality of coworking spaces is still paramount, additional factors such as flexibility, location, services, and culture of the working environment are becoming increasingly crucial to those making choices about which coworking space to use. They offer a more flexible and affordable solution, especially as many organisations have taken up or continued with a hybrid work approach since the Covid-19 pandemic. Moreover, it helps them build customer loyalty as you basically accompany your members on their travels. (, About 55% of people still work at their first coworking space. As mentioned before, companies want people in the office while employees want to work remotely. Free Downloadable Attendance Tracker Templates. A growing number of coworking spaces use some form of coworking software, and this number expected to increase in the coming years. Wellness and sustainability are becoming increasingly important in the world of coworking. (, Concerning supply, coworking facilities lost about 20% of their rentable desks, especially in the big cities. By providing additional workspaces, companies are offering employees a professional environment with the opportunity to better collaborate and socialise. I do this myself, in fact. This is likely to create a hybrid workforce that will work partially in the office and partially remotely. You can email Tom Ciccotti at tciccotti@myshortlister.com to learn more about Shortlister Select. Scroll through for the latest coworking trends and prepare for the future. Coworking Trends in 2023 Eco-friendly Being eco-friendly is a major coworking space trend. Coworking spaces have transformed the traditional office concept, offering flexible and collaborative workspaces that meet the needs of the modern workforce. That way, these companies could remain operational even during a crisis. These amenities lead to healthier work-life balance and enable professionals to juggle parenting and career growth better. Flexibility is one of the key benefits of coworking, and its something that is only going to become more important in the coming years. Having a global presence and global image has become easier than ever. One method of using coworking spaces to their best is with a Regus membership. The rise of coworking has seen an influx of both new coworking providers and new locations offered by those existing. Finally, coworking spaces provide access to advanced technologies and amenities that may be too expensive for individual professionals to afford on their own. (, companies expect their office portfolio to have a sizeable amount of flexible office space in the future. We value your privacy. One of the key benefits of coworking spaces is the flexibility they offer. France 3 Centre-Val de Loire - YouTube They like to have a tight grip around everything thats going on in the office. Passionate about marketing, social networks, and business in general. (, , the number of coworking spaces is expected to increase by 69%. Its now estimated that the perfect commute is considered 15-30 minutes. We'll explore some of the top trends of coworking spaces in 2023. These are all benefits that shouldnt be taken lightly. If you regulate when people come and go, youre most likely to lose clients. ONES - All-in-one smart office system General Statistics Number of coworking spaces worldwide Number of coworking spaces in the United States 1. The opportunity to network in a coworking space offers an opportunity to create, meaningful connections with professionals, allows you to work wherever life takes you. We explore these questions in the first article of the 2023 Global Coworking Survey. DropDesk: "Coworking Statistics & Trends for 2022", cited in . The future of coworking spaces has changed dramatically in just over a year. (, Over the past decade, supply in Latin America has increased by 230%, compared to 196% in the U.S. (, There is 41% more demand per location from Q1 to Q2 in 2021. The Future Of Coworking: Trends To Watch In 2023 Coworking has gone from a niche concept to a global phenomenon in recent years. Patrick Spencer (Ph.D.) is the President and Founder of TIRO Communications that helps companies develop, build, and manage content, customer, advocacy, and demand-gen programs. Coworking Market Forecast and Future Trends - MarketWatch Ace Hotel Bourges. Nestled in a verdant setting, Camping de Bourges is an ideal base for enjoying a whole range of activities available . Companies can contribute to the environment by, making the commute more sustainable with hybrid working. Higher employee productivity, morale, and performance. There are already many popular ones, such as coworking spaces in Phoenix, Denver, Nashville, and so on, but there will definitely be even more in the near future. Thats why design matters. They'll want convenient locations with the opportunity to meet a like-minded community in coworking spaces. 25 January 2023 Coworking Trends for 2023 The latest report on the Status of Coworking in Spain shows an increase in this corporate/professional practice: In 2021, it increased by 39%. You only have to glance at Coworkers coworking map to see how prolific it has become. Interestingly, 2023 sees the rise of two coworking trends that clash with each other a fair bit. Trend 1: Hyperlocal Communities , in every major town, city and transport hub, it's never been easier to work your way. Regarding the benefits and the, , companies should focus on creating coworking spaces for their employees.