Carsten Foertsch, founder of Deskmag, presented during the ALLGCUC Conference an analysis of the numbers from the global coworking survey.
Below you will find some of the insights that he provided (more to come in the upcoming weeks):
– On average, a coworking space takes 8.5 months to be ready to open
– It takes an average of US$100,000 to open a coworking space
– ย 2 in 3 coworking spaces start their promotion at least a few months before opening
– Usually, the higher the investment behind the space or the bigger the space, the earlier the promotion of the workspace starts
– On average it takes 9 people to host a coworking location (including the founders)
– The size of coworking spaces has doubled in the last couple of years
– Generally speaking, coworking spaces in the US tend to be bigger; they host an average of 110 members in 70 workstations
– Overall growth rate of spaces is lower in the US than globally
– 34% of global coworking spaces are 12 months or younger
– 1 in 4 coworking spaces arenโt profitable
– The bigger the coworking space, the smaller the open space is and the more private space they have
– The highest demand for coworking spaces is in cities with over 1 million people
– The average coworker is getting younger
– Though itโs slowly changing, the majority of coworking space users continue to come from the creative industry
– The ย highest value in a coworking space is seen in the full-time memberships
– Thereโs an increase in demand of private offices and dedicated desks
Stay tuned for more news from the ALLGCUC Conference.
Feature image via Vincent Perini
