As the flexible workspace industry continues to navigate the changing landscape of remote work, we are excited to report that the Coworker network has officially reached 15,000 coworking spaces in 2,571 cities!
Although the outbreak of COVID-19 has led to unprecedented challenges for the coworking industry in particular, reaching this milestone of 15,000 spaces can be seen as a positive sign. Recovery from the effects of COVID-19 is certainly underway, exemplified by the amount of new spaces adding their listing to our database in the past few months.
For example, in the past six months, 1,171 new coworking space listings were added to Coworker. While the largest number of spaces in our network encompass the leading urban markets such as Bengaluru, London, Hong Kong, and New York City, seeing this type of growth in small, often suburban cities shows that the coworking industry is continuing to enter brand new markets.
To illustrate this point, here is a selection of some of the 107 new cities added to Coworker for the first time from April to present:
- Belmont, Canada
- Ravenna, Italy
- Myoko, Japan
- Budva, Montenegro
- Kaiapoi, New Zealand
- Sandnes, Norway
- Palma Nova, Spain
- Hama, Syria
- Dobbs Ferry, NY, USA
Of course, we expected our number of new space listings to decrease in 2020, compared to the 40%+ growth that we experienced in 2019. This year, we are on track to see a 20%+ growth in our overall network, reaching 16,000 by year’s end.
Reaching this milestone of 15,000 spaces is a welcome beacon of hope amidst the many uncertainties that we’ve faced as a global community this year. With experts predicting the total number of coworking spaces to hit 20,000 by the end of 2020, we are thrilled to offer listings for approximately 75% of all coworking operations in the world.
We want to say a special thank you to all of the spaces that are part of the Coworker network, as we couldn’t have done it without you!
The entire team at Coworker looks forward to many more years of coworking as the return to work gets underway.