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Number of coworking spaces worldwide 2005-2020

Number of coworking spaces worldwide from 2005 to 2020

by E. Mazareanu, last edited Aug 9, 2019
Number of coworking spaces worldwide 2005-2020 According to projections, there will be some 22,400 coworking spaces worldwide by the end of 2019. Coworking is a new, innovative open working environment, which allows for several unrelated companies to share a space and work side by side.
Coworking in the U.S.

Coworking in the United States has recently gained popularity. In 2017, there were over 4,000 coworking spaces in the U.S.; this number is predicted to increase to over 6,200 by 2022. In 2017, there were about 1.18 million people who worked in coworking spaces worldwide. In the United States alone, there were 542,000 people working in coworking spaces in that year. Manhattan was the largest coworking market in 2018, with Regus and Wework dominating the shared office space market.

WeWork’s expansion

First founded in 2010, WeWork has grown exponentially. As of the first quarter of 2019, WeWork had around 466,000 members worldwide, a considerable increase from the 7,000 they had four years ago. As a result of the significant increase in the number of WeWork members, WeWork generated a revenue of 1.8 billion U.S. dollars in 2018. The city with the highest number of WeWork locations in the United States as of February 2018, was New York City.
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Number of coworking spaces worldwide from 2005 to 2020

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