Coworking Statistics To Keep An Eye On In 2022

In recent years, there has been a rise in the number of employees, digital nomads, and entrepreneurs using coworking spaces. We wanted to dig further into the data and see the different coworking statistics in 2022.

In this article, we aim to answer some of the most common questions when it comes to coworking:

  • Is it better than a traditional office or home office setup?
  • How beneficial are coworking spaces to startup business owners?
  • Are employees more productive in coworking spaces?
  • How often do people use coworking spaces?
  • What do people enjoy most about coworking?

And many more.

Without further ado, here is a complete list of coworking statistics that every budding entrepreneur or remote employee should know:

Global Coworking Statistics

charts and graphs about coworking
  • The number of coworking spaces worldwide projects to reach almost 20,000 this year and cross over 40,000 by 2024.
  • The number of coworking members anticipates growing from just under 1.7 million in 2017 to over 5 million by 2022, a CAGR of 27%.
  • In the United States of America alone, there are already over 14,000 coworking spaces and over 1.2 million members.

With such strong growth projections in these areas, it is no wonder that more and more businesses are considering offering co-working spaces for their employees to maximize business potential and streamline their work processes and collaboration.

Important Coworking Statistics

  • There are more than 3,700 coworking spaces in the U.S. as of 2020
  • 78% of the owners of coworking spaces plan on expanding this year

The rise of coworking spaces may have taken a bit of a hit due to the COVID-19 pandemic, but that has not changed the fact that business owners are adamant about expanding to multiple locations this year alone.

  • Internet speed is the most significant factor that customers look into when choosing coworking spaces.

Benefits of Coworking Spaces for Employees

employees talking in a meeting room
  • 59% of coworkers say they have increased their income revenue stream when working in coworking spaces.
  • Whether you are a freelancer, startup founder, or remote worker, chances are you have considered coworking at some point. And for a good reason - there are plenty of benefits of coworking spaces for employees.
  • For starters, coworking spaces can help you boost your income. In fact, 59% of coworkers say they have increased their income revenue stream when working in coworking spaces. And since most coworking spaces offer month-to-month memberships, you can always try it out for a month to see if it is right for you.
  • But perhaps the most compelling reason to co-work is that it can make you more productive. 78% of coworkers feel they are more productive when working in coworking spaces. This is likely because coworking spaces provide a professional environment that helps you focus on your work. And when other like-minded professionals surround you, it is easy to stay motivated and inspired.

So if you are considering coworking, know that you are not alone - and that there are plenty of benefits to doing so. From increasing your income to boosting your productivity, coworking can help you take your career to the next level.

Key Reasons To Invest In Coworking Spaces

There are multiple reasons why you should consider investing in coworking spaces for your employees. Here are some key reasons:

1. Coworking spaces can help boost productivity and creativity.

When employees are given the opportunity to work in coworking spaces, they often find that their productivity and creativity levels increase.

This is because coworking spaces provide employees with a more flexible and collaborative working environment. In addition, the social interaction in coworking spaces can help stimulate new ideas and solutions.

2. Coworking spaces can promote work-life balance.

One of the key benefits of coworking spaces is that they can promote work-life balance for employees. This is because coworking spaces often offer a range of amenities and services that make it easier for employees to juggle their work and personal commitments.

3. Coworking spaces can help to reduce stress levels.

Another key benefit of coworking spaces is that they can help to reduce stress levels. This is because coworking spaces often provide a more relaxed and informal working environment, which can help to reduce employees' stress levels.

In addition, the social interaction in coworking spaces can help provide a sense of support and community, which can also contribute to reducing stress levels.

4. Coworking spaces can be cost-effective.

Investing in coworking spaces can also be a cost-effective way of providing work environments for your employees. This is because coworking spaces often offer a range of membership options, which can be tailored to your budget.

In addition, coworking spaces can often be found in more cost-effective locations than traditional office spaces.

5. Coworking spaces can help to attract and retain talent.

Another key benefit of coworking spaces is that they can help to attract and retain talent. This is because employees often view coworking spaces as being more modern and innovative than traditional office spaces.

In addition, the social interaction and supportive community that is often found in coworking spaces can help to create a positive working environment that employees are happy to be a part of.

Bottom Line

Coworking spaces for employees are not something new in the market. However, what most companies are now aiming for is to provide a space for their employees where they can be productive and also feel like they are part of a community. This is where The Farm Soho comes in as one of the leading coworking space providers in the market.

Overall, The Farm Soho is a great option for companies looking for a coworking space for their employees. The space is productive and also helps to create a sense of community among its members.

If you are looking for ways to improve your business, then investing in coworking spaces is definitely something that you should consider. There are a number of key benefits that coworking spaces can offer, which make them an attractive option for businesses of all sizes.

coworking statistics by the farm soho

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