Freelancers and entrepreneurs frequently flock to coworking spaces to enjoy the benefits of a professional office as independent workers, and even traditional employees and corporations have been known to use coworking venues to get the job done outside the office.
“I think one of the biggest reasons why coworking spaces are so popular is the community aspect of it,” said Ergonomic Specialist and Consultant George Chiang, who is also Senior Editor of Ergonomic Trends.
“For freelancers and entrepreneurs, that is a big deal.”
Chiang added that increasingly, coworking spaces are “leading the charge” in creating healthy workspaces. “Many coworking facilities offer healthy snacks, beverages, and standing desks,” he said. “I’ve visited quite a few with meditation rooms as well.”
Chiang’s perspective is well-founded by research on coworking spaces, which reflect a number of benefits reported by people who work in these work environments. Here are 15 coworking statistics that just might make you want to try one out, if you haven’t already.
15 Coworking Statistics
1. Happier at a Coworking Space
Almost 90% of people who use coworking spaces report being happier because of it, according to research published by Steve King in Harvard Business Review.
2. Decreased Loneliness
King’s research also revealed that the vast majority of coworking participants—83%—feel less lonely since joining a coworking space.
3., 4., and 5. Socialization, Weekend Plans, and Expanded Social Networks
The same study found that 87% of coworking space users “meet other members for social reasons,” with more than half (54%) socializing with other coworking participants after the workday is done and/or on weekends. Nearly 80% credit coworking with giving them larger social networks.
6. Spaces Are Increasing
Coworking is a huge and growing trend that’s expected to nearly double in the next two years. While there were around 26,000 coworking spaces identified in 2017, that number is expected to shoot up to nearly 50,000 by 2022.
7. Increased Popularity Globally
The Global Coworking Unconference Conference (GCUC) has forecast that by 2022, 5.1 million people will have joined the ranks as coworking members globally—a big jump from 1.71 million members in 2017. This coworking statistic is likely aided by the growth of the freelance economy.
8. Coworking-Friendly Cities
Manhattan has the highest number of coworking locations with 245 locations, and Los Angeles is in second place with 158 locations, according to a study by Yardi Matrix.
9. Increased Growth in the U.S.
Similar to coworking statistic No. 7, Statista reports that while there were 542,000 coworking members in the U.S. in 2017, that number is predicted to balloon to 1.08 million—essentially doubling.
10. Health and Wellness Amenities
In addition to providing their members with a place to get their work done, a growing number of coworking spaces also offer added amenities—such as ergonomic chairs, places to do yoga, and meditation rooms—to help coworking members focus on their physical and mental wellness.
11. Feeling Healthier
The wellness-focused amenities seems to be working, according to a Deskmag study—70% of coworking participants feel healthier in a coworking space than in their regular office.
12. Gaining or Improving Skills
Nearly 70% of coworking-space users say that they have acquired new skills. About the same number say they have improved existing skills.
13. Improved Motivation and Engagement
A coworking statistic that most companies may want to take note of is that the vast majority of those who use coworking spaces—84%—feel more motivated and engaged than they do when they work either at home or in a company office, according to GCUC.
14. Variety of Personality Types
Deskmag reports that introverts, extroverts, and ambiverts alike can be found frequenting today’s coworking spaces. Its research shows that 30% of coworking members identify themselves as extroverts, 22% as introverts, and 47% as ambiverts.
15. Variety of Professionals
Coworking spaces have a mix of different professionals. It may surprise you to know that there are almost as many corporate workers (36%) in coworking spaces as there are freelancers (41%). Another 13% identify themselves as “digital nomads” and 10% as “other.”
Learn more About Coworking Spaces
In addition to coworking statistics, we have many more articles about coworking spaces. You can learn the pros and cons, read first-hand accounts of working at a coworking space, and find special deals for FlexJobs members at a variety of spaces.
Photo Credit: bigstockphoto.com
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Robin Madell, Corporate/Executive Writer
Robin Madell has spent over two decades as a corporate writer, journalist, and communications consultant on business, leadership, career, health, finance, technology, and public-interest issues. She is a contributor to the On Careers section of U.S. News & World Report…Read More >
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