In 2018, the coworking space industry in China grew by almost 160 percent according to the iiMedia survey. However, in the following year, the growth rate decreased to 109 percent. The forecast for the years 2020 to 2022 suggested that the decline will continue. By 2022, the growth rate was expected to reach only roughly 26 percent. The decreasing growth rates indicated that the coworking space market was nearing saturation.
Growth rate of the coworking space industry value in China from 2017 to 2019 with a forecast until 2022
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iiMedia Research. (February 25, 2020). Growth rate of the coworking space industry value in China from 2017 to 2019 with a forecast until 2022 [Graph]. In Statista. Retrieved December 10, 2024, from https://www.statista.com/statistics/1128516/china-shared-office-industry-value-growth-rate/
iiMedia Research. "Growth rate of the coworking space industry value in China from 2017 to 2019 with a forecast until 2022." Chart. February 25, 2020. Statista. Accessed December 10, 2024. https://www.statista.com/statistics/1128516/china-shared-office-industry-value-growth-rate/
iiMedia Research. (2020). Growth rate of the coworking space industry value in China from 2017 to 2019 with a forecast until 2022. Statista. Statista Inc.. Accessed: December 10, 2024. https://www.statista.com/statistics/1128516/china-shared-office-industry-value-growth-rate/
iiMedia Research. "Growth Rate of The Coworking Space Industry Value in China from 2017 to 2019 with a Forecast until 2022." Statista, Statista Inc., 25 Feb 2020, https://www.statista.com/statistics/1128516/china-shared-office-industry-value-growth-rate/
iiMedia Research, Growth rate of the coworking space industry value in China from 2017 to 2019 with a forecast until 2022 Statista, https://www.statista.com/statistics/1128516/china-shared-office-industry-value-growth-rate/ (last visited December 10, 2024)
Growth rate of the coworking space industry value in China from 2017 to 2019 with a forecast until 2022 [Graph], iiMedia Research, February 25, 2020. [Online]. Available: https://www.statista.com/statistics/1128516/china-shared-office-industry-value-growth-rate/