Who Thrives in Coworking Spaces?

Coworking spaces offer a flexible and collaborative work environment that can benefit a wide range of individuals and organizations. The following are some of the groups who may thrive in coworking spaces:

  1. Entrepreneurs and Freelancers

Entrepreneurs and freelancers often require a flexible and affordable workspace that can cater to their changing needs. Coworking spaces offer these individuals the opportunity to work in a collaborative and social environment, which can lead to increased creativity, networking, and professional development.

According to a survey by Coworking Insights, 84% of respondents said that working in a coworking space has improved their work engagement and motivation.

Furthermore, a study by Deskmag found that 74% of coworkers reported increased productivity since joining a coworking space, while 68% reported increased focus.

Additionally, 70% of respondents in a survey by the Global Coworking Unconference Conference reported that they felt they were able to complete tasks more efficiently in a coworking space.

  1. Small Business Owners

Small business owners may not have the resources to invest in a traditional office space, making coworking spaces an attractive option. Coworking spaces can provide small business owners with access to amenities and services that they may not have otherwise, such as meeting rooms and printing facilities. Additionally, coworking spaces can provide small business owners with a sense of community and networking opportunities.

According to a survey by Coworking Resources, 71% of coworking space members reported that they have access to conference rooms, 64% reported access to high-speed internet, and 55% reported access to printers and scanners.

According to a study by Clutch, 60% of small business owners said that they save money by working in a coworking space. Additionally, 52% said that they save money on office expenses, such as rent and utilities.

According to a survey by Coworking Insights, 86% of coworking space members said that they have met other members who have become friends or professional contacts. Additionally, 79% of members said that they have received business referrals from other members.

According to a survey by Coworking Resources, 47% of coworking space members said that the flexibility of coworking spaces was a key factor in their decision to join. Additionally, 40% said that the ability to choose their own workspace was a key factor.

  1. Remote Workers

Remote workers often work from home or in isolation, which can lead to feelings of loneliness and isolation. Coworking spaces offer a social environment where remote workers can interact with others and form connections, reducing the sense of isolation that can come with remote work. Additionally, coworking spaces can provide remote workers with access to high-speed internet and other amenities that may not be available in their home office.

According to a study by Buffer, loneliness is the biggest struggle for remote workers, with 19% of respondents citing it as their biggest challenge. However, coworking spaces can provide a solution to this issue.

A survey by Deskmag found that 83% of coworking space members reported feeling less lonely since joining a coworking space. Furthermore, a survey by Coworking Resources found that 68% of respondents reported an improvement in their work-life balance after joining a coworking space.

In terms of amenities, a survey by Global Workspace Association found that 72% of coworking spaces offer high-speed internet, and 61% offer printing and copying services.

  1. Students and Educators

Students and educators may require a flexible and collaborative workspace for group projects, research, or other academic work. Coworking spaces can provide these individuals with a professional and supportive environment where they can work and collaborate with others.

According to a survey by Coworking Resources, 16% of coworking space members are students, while 7% are educators. This suggests that coworking spaces are becoming an increasingly popular option for students and educators.

Furthermore, a study by Emergent Research found that 32% of coworking space members reported collaborating with others on work-related projects.

  1. Nonprofit Organizations

Nonprofit organizations may not have the resources to invest in a traditional office space, making coworking spaces an attractive option. Coworking spaces can provide nonprofit organizations with a flexible and affordable workspace, as well as access to networking opportunities and professional development resources.

According to a survey by the Global Coworking Unconference Conference (GCUC), 5% of coworking space members are nonprofit organizations. This suggests that coworking spaces are becoming an increasingly popular option for nonprofits.

Furthermore, coworking spaces can provide nonprofit organizations with a flexible and affordable workspace. A survey by DeskMag found that 62% of coworking space members reported that coworking spaces are more affordable than traditional office spaces.

  1. Corporations

Large corporations may also benefit from coworking spaces, particularly for remote workers or satellite offices. Coworking spaces can provide these individuals with access to a professional and collaborative work environment, as well as amenities and services that may not be available in their remote location. Additionally, coworking spaces can provide corporations with a way to connect and collaborate with other businesses and professionals in the community.

According to a more recent report by JLL, a leading real estate services firm, demand for flexible office space by large corporations continued to grow in 2020 despite the pandemic. The report found that large companies accounted for 55% of the demand for flexible office space in the United States in 2020, up from 40% in 2019.