According to a recent Global Coworking Survey, coworking spaces are expected to expand in 2018. Operators are plannings expansions, creating coworking centers in new markets and expecting an increase in the average number of members.
It’s estimated that a record 1.7 million people are will be working in around 19,000 coworking spaces around the world by the end of 2018. On average, each coworking space has about 83 members, with every fourth coworking space averaging about 150 or more members.
Contrary to some news that coworking has hit its saturation point, the coworking industry is still in its infancy, expanding at consistent rate year-over-year. Of the 19,000 spaces recorded in the survey, 29% opened in the last year. Even more interesting is that on average, every coworking space is planning to expand their area by 70% to accommodate more members.
Expansions are considered at different levels – from expanding existing space to moving to a bigger location to opening a new location entirely. The plans for expansion reflect the optimistic feelings of most coworking operators, who are expecting increases in memberships for 2018.
In addition to the popularity of coworking spaces for as a result of its many benefits, the survey found that coworking spaces will focus on catering to a specific audience, put more focus on building community and will place an emphasis on curating events that relate to members.
As a coworking space, CEO Centers FLEX believes in the future of coworking and we are thrilled to be able to foster a community of talented entrepreneurs and small businesses.
CEO Centers FLEX is a modern, collaborative coworking space in Atlanta, Georgia that is perfect for small businesses, sole proprietors, and startups in need of a flexible workspace.
FLEX offers a variety of workspaces from by-the-day hot desks to private, executive offices. If you are looking for a coworking space, contact CEO Centers FLEX today to learn more about what we can offer your business.