Recently Coworker.com celebrated a milestone of surpassing 5,000 coworking spaces included in their global database. Coworker now claims to be the largest coworking portal in the world.
The company says that 400 new spaces are added to the site each month. Coworker welcomed 90 Premier Business Centers as well as 30 of WeWork’s western locations onto the platform, putting Coworker on track to feature 7,000 spaces by next year.
WeWork’s recent announcement of raising $500M to expand into SE Asia while also acquiring Spacemob in Singapore, emphasizes not only the global coworking movement, but the progression of global coworking networks and communities.
Coworker CEO, Leanne Beesley expands by stating: “The diversity in the coworking and flexible office industry is incredible. From small independent spaces to large networks, every space has a unique culture and community that attract different people. It’s not about finding a desk or good wifi, it’s about finding a community and feeling excited to go to work every day…. Being part of this movement, being able to help change people’s lives by connecting them with the spaces and communities where they’ll flourish and thrive, is what motivates us every day.”
With more millennials entering the workforce each year the global demand for coworking is outpacing supply which is currently growing at 24 percent annually. It is safe to anticipate a major spike in the historical growth rate of emerging coworking spaces as it is predicted that by 2020:
- Millennials will be making up 50 percent of the workforce
- Over 40 percent of millennials (1.6 billion people) will be working remotely
- There will be over 25,000 coworking spaces worldwide, making up only a portion of the flexible office category
In addition, Coworker data is revealing a global shift towards private office inclusions and increased flexibility in membership terms for members, illustrating that the diversification of a coworking experience is more important than ever.
Edited by G. Davila