More and more workers are leaving behind physical offices in lieu of becoming digital nomads, telecommuters or remote workers. With this, the future of work will continue to be shaped by digital workspaces.
With the emergence of 5G, network connections will be faster than ever and make it easier for digital nomads to work from wherever, whenever.
Technological advancements have also opened the possibility of holographic meetings, with companies like Microsoft and Spatial working to merge mixed reality and online meetings for better remote collaboration.
Furthermore, companies are realizing that adopting a remote workforce allows them to broaden their talent pool, as well as cut costs on physical workspaces. According to The Global Workplace Analytics report, employers who allow employees to work remotely save up to $11,000 per year per employee. Additionally, workers can save up to $5,000 on commutes per year.
A study from Stanford University also found that remote workers took fewer sick days and were 13% more productive than traditional office workers. Even more, research has proven that remote workers have higher job satisfaction and companies experience less turnover rates.
According to serial entrepreneur Pieter Levels, there will be one billion digital nomads by 2035 based on predictions of increased internet speed, reduced travel costs, lower marriage rates, homeownership and many other factors.
