Number of coworking spaces in U.S. 2007-2022
Coworking
Coworking is where a group of different workers, usually employed by different organizations or self-employed, use a common, shared workplace. Generally the workers will also share a common set of values, with social factors being the most often-cited reasons for choosing a coworking space. Typically the practice is associated with the IT and media startup culture. Accordingly, relatively smaller cities associated with this scene, such as Berlin, Melbourne and San Francisco, have a disproportionately high number of coworking centers.
Global coworking market
The growth in coworking is a global trend, with the total number of spaces worldwide predicted to have reached 18,900 in 2018 – more than double the 2015 figure. Not only is the number of spaces growing, but each space is also becoming busier, with the average number of members per space increasing threefold over the same period. The two largest coworking space operators, at least in the U.S. market, are Regus and WeWork.