Demand for coworking spaces has grown dramatically over the past few years and is showing no signs of slowing down. Coworking spaces have long been associated with younger generations and startups, but the industry now has a broad audience thanks to its numerous benefits.
One of the biggest benefits of coworking spaces is their ability to offer numerous amenities and create well-designed spaces that motivate and boost the productivity of workers. For example, many coworking offices feature fully-stocked kitchens, fitness facilities, nap rooms, private phone booths, natural materials and more in order to accommodate and nurture the well-being of workers. Today’s workforce wants to get their work done in an environment that is enriching and supportive, and most coworking spaces fit the bill.
Now, research indicates that thanks to the millennial workforce, over 13 million people in India are expected to work out of a coworking center by 2020.
Additionally, coworking spaces have helped break down traditional work hierarchical structures and transformed workspace relationships. This, along with its cost-effectiveness, community-driven atmosphere, supportive environment and collaborative nature, has provided workers from various backgrounds with a workspace that is satisfying as it is engaging.
Overall, it is clear that coworking will continue to be embraced by companies of all sizes in order to keep up with the evolving workforce.