Global Coworking Space Market Growth (Status and Outlook) 2024-2030
Coworking Space is an arrangement in which workers of different companies share an office space, allowing cost savings and convenience through the use of common infrastructures, such as equipment, utilities, and receptionist and custodial services, and in some cases refreshments and parcel acceptance services.It is attractive to independent contractors, independent scientists, telecommuting larger work teams that want flexibility and to avoid wasted real estate space if some employees are working from home, and work-at-home professionals, and people who travel frequently. Additionally, coworking helps workers avoid the feeling of isolation they may experience while telecommuting, traveling, or working at home alone,and eliminate distractions. Most coworking spaces charge membership dues.
The global Coworking Space market size is projected to grow from US$ 7366 million in 2024 to US$ 12230 million in 2030; it is expected to grow at a CAGR of 8.8% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Coworking Space Industry Forecast” looks at past sales and reviews total world Coworking Space sales in 2022, providing a comprehensive analysis by region and market sector of projected Coworking Space sales for 2023 through 2029. With Coworking Space sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Coworking Space industry.
This Insight Report provides a comprehensive analysis of the global Coworking Space landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Coworking Space portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Coworking Space market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Coworking Space and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Coworking Space.
Wework is the largest producer of Co-working space, holding close to 40% of the market share. North America has the highest sales of Co-working space, with over 50% of the global market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Coworking Space market by product type, application, key players and key regions and countries.
Segmentation by Type:
Open-Conventional Coworking Spaces
Corporate-Professional Coworking Spaces
Segmentation by Application:
Personal User
Small Scale Company
Large Scale Company
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Open-Conventional Coworking Spaces
Corporate-Professional Coworking Spaces
Segmentation by Application:
Personal User
Small Scale Company
Large Scale Company
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Regus Group Companies
Techspace Inc.
Knotel Inc.
Simplywork
Talent Garden S.p. A
Premier Workspaces
Kr Space
Convene
Servcorp Limited
Wework Management Llc
UCOMMUNE
Workbar
Hera Hub
Impact Hub
Venture X
Cowork at District
Serendipity Labs
IWG
Industrious
Membership Collective Group (MCG)
The Hive Jinnan
Shenzhen Cfg Business Services
JustCo
Awfis
Distrii
Studio
Galvanize
ATLAS Workplace
Greendesk
IC Coworking
Please note: The report will take approximately 2 business days to prepare and deliver.