40% of all new CoWorking space will open in the US
This is based on global CoWorking space openings.
65.3% of new coworking spaces are opened by new businesses.
The rest are opened by the big boys in the game such as Regus, WeWork, etc.
New York & London have the highest density
Seriously, a new coworking office space opens up roughly once a week in New York and once every five days in London. Other big hubs include Toronto, Austin, Denver, Dallas, Los Angeles, Houston, Melbourne, and Chicago. Outside of the UK, coworking statistics in Europe are trending upward in Berlin and Paris, with 21.9 and 28.5 days between new coworking hub openings respectively.
California & Texas have more per state
California had 111 new CoWorking spaces open last year while Texas had 100.
New Your has how many?
New York has 401 working CoWorking spaces.
Who’s top dog?
The top three largest global players (IWG, WeWork, Servcorp) represent only 18% of the total flexible workspace market.
The US Market
Across the board, the US is the largest market with over 80 million square feet of flexible office space.
CoWorking is a tech thing
Not at all, many spaces are set up for specialties, but there are also those where you can blend & mix with other industries within the same CoWorking space.
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