Research from digital coaching provider Ezra is anticipating that by 2025, 6.3 million of workers will be using a shared office space and that America will lead this transformation.
Last year alone, the number of coworking spaces grew by 21%, which is a 42% increase from 2018. Demand has simultaneously grown, with the number of coworking space users growing by 27% since 2020.
Although the pandemic has forced many of these offices to temporarily or indefinitely shut down, Ezra’s research indicates the anticipated annual growth of 21.3% is keeping coworking prominent.
At the moment, America is the top country for coworking spaces with an estimated 3,762 spaces.
“Coworking spaces have become incredibly popular in recent years as they not only provide flexibility and affordability, but also a fresh business culture focussed on accessibility and collaboration,” said Nick Goldberg, founder of Ezra. “Of course, the pandemic will have caused many to swap their shared workspace for a home office for the short term, but this popularity is expected to keep growing as the world reopens and the way we work continues to evolve.”
Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.