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Coworking by the Numbers

Globally, over the past decade coworking has increased in popularity year on year.  From just a handful of spaces worldwide in 2005 to 7,800+ in 2015.  Over half a million people work in a coworking space around the world.

Here are some facts and figures from the 2015 Global Coworking Survey:   

  •  In 2014-2015 the number of coworking spaces worldwide grew by 36%
  • 85% of coworking space operators would welcome more spaces opening around them - the market is not saturated
  • The average number of members per space has increased
  • 70% of members feel “connected” to their space.  30% feel “strongly connected”
  • There is a high level of trust between members
  • 75% of respondents work 3 days per week in their space, up from 2 days in previous surveys
  • 70% of coworking spaces do not apply membership eligibility criteria
  • 65% of operators have alternate income sources
  • 67% of operators are motivated to improve the working lives of other people
  • The most common lease signed by an operator is 5 years
  • Increased rent at lease renewal is a common cause for spaces closing
  • 1 in 7 coworking spaces have leases expiring in the next 12 months.
  • Most coworking spaces are in buildings more than 50 years old.
  • 80% of spaces expect an increase in membership numbers in 2016.
  • 61% of coworking spaces are planning to expand
  • 66% want to open a second space
  • 80% of coworkers plan to stay in their space for at least the next year
  • 15% of coworkers use more than one space. These are usually people who travel frequently