How many coworking spaces are there?

There were nearly 19,000 coworking spaces worldwide in 2019. According to Statista’s coworking space worldwide statistics, there are currently around 18,700 coworking spaces around the globe. The number is growing daily and is expected to reach nearly 26,000 by 2025.

What are coworking spaces called?

What are Coworking spaces? Coworking spaces are essentially shared workspaces. They offer affordable office space for those looking to escape the isolation of a home office or coffee shop. These shared workspaces offer a suite of office-like amenities such as hot-desks, private meeting rooms, kitchens, coffee and more.

How many coworking spaces are there in India?

Coworking space is the need of the hour. There are over 100 branded coworking spaces operating in India. This figure is estimated to quadruple over a period of three years. The total number of shared spaces are expected to reach approximately 500 centers by the end of 2020 from a present figure of 150.

What are coworking spaces used for?

Coworking spaces are community centers, collaboration hubs, and social spaces where workers from different backgrounds can come together to share expertise and explore new ideas. Coworking has communal roots dating back to the first “hackerspaces” in Europe, and today’s coworking spaces retain a strong social aspect.

How many co working spaces are there in the UK?

The UK is no stranger to the idea of coworking, with over 6,000 flexible workspaces across the nation accounting for roughly 85 million total square feet of space.

Why is co working space in demand nowadays?

“In addition, employees now expect flexibility, safety, and comfort, which has resulted in a surge in demand for co-working spaces,” he added. Due to the surge in demand, Awfis has transacted over 9,000 seats in the last four months, with over 4500 seats transacted in September alone.

What is a co working company?

Coworking is an arrangement in which workers of different companies share an office space, allowing cost savings and convenience through the use of common infrastructures, such as equipment, utilities, and receptionist and custodial services, and in some cases refreshments and parcel acceptance services.

Is co working hyphenated?

If you want to be correct at a purely grammatical level, the correct term is “coworking”—in most cases. So says the AP Stylebook, anyway. Adding the hyphen turns it into “co-working,” which means working in the same space with employees from the same company.

How are co working spaces changing today’s work environment?

Coworking spaces have transformed the way we work today. It provides flexibility, takes care of the basic amenities such as desk space, electricity, internet connection and all a person has to do is pay for their space at a reasonable price.

Which was the first coworking space in India?

91Springboard
Co-working Culture In India India saw its first co-working space in 2012 when 91Springboard started its operations. Although it did not cater to the needs of companies like spaces today, this was the start in India.

What is a working space?

noun. the place where a person, or people work. someone who comes into your office or your work area and either hovers over you or sits on your desk.

What is the size of the flexible office market?

around USD 111.68 billion
Flexible Office (Workplace) Market to be Worth around USD 111.68 billion by 2027 with CAGR Of 17.1\% during 2019 to 2027 – Zion Market Research.