01 Industry overview
The coworking industry at a glance
The global coworking spaces market is estimated at $22.6 billion in 2026 and is expanding as hybrid work, corporate demand and asset-light operating models support continued network growth.
- $22.6B[83]
- Global market size, 2026
- 15.7%[83]
- Forecast CAGR, 2026–2033
- 41,975[84]
- Global spaces, 2024
- 34.0%[83]
- North America market share, 2025
- Market size
- The global coworking spaces market was valued at $19.6 billion in 2025 and is estimated at $22.6 billion in 2026. Estimates vary by market definition: another recent forecast put 2025 revenue at $23.24 billion.[83][85]
- Forecast & CAGR
- Grand View Research forecasts growth from $22.6 billion in 2026 to $62.8 billion in 2033, representing a 15.7% CAGR. Fortune Business Insights forecasts a higher 15.94% CAGR from 2026 to 2034, reaching $87.93 billion.[83][85]
- Market share & regions
- North America accounted for approximately 34.0% of global coworking-space revenue in 2025, the largest regional share in Grand View Research’s assessment. The market is also segmented into Europe, Asia-Pacific, Latin America, and the Middle East and Africa.[83]
- Segmentation
- The market is segmented by space type, including corporate or professional, open or conventional, and industry-specific facilities; by users such as SMEs, large enterprises, freelancers and other customers; and by industry verticals including information technology, professional services, finance, healthcare and government.[86][83]
- Key players & concentration
- The sector remains fragmented, but large operators are expanding through managed, franchised and partnership models. IWG ended 2025 with 4,609 centres, including 1,891 managed and franchised locations, while Industrious had more than 200 units across over 65 cities before CBRE acquired full ownership.[87][27]
- Pricing
- A global 2025 flex-office survey reported average occupancy of 65% for shared coworking space and 81% for private offices. Pricing varies substantially by city, building quality, office size and service level; the available global source does not provide a single comparable average desk price.[13]
- Trends, drivers & challenges
- Hybrid work, demand for shorter and more flexible commitments, and the shift toward suburban and commuter locations are major growth drivers. IWG reported that more than 80% of its centres were in small towns and suburbs in 2026, while operators continue to face occupancy, pricing and margin pressure as supply expands.[13][15]
- Consumer behavior & competition
- Global corporates represented 29% of flex-office occupiers in the 2025 Workthere survey, while start-ups and SMEs together represented 30%. Attendance at flex offices had increased 20% since 2022, and demand for collaboration space rose by 3 percentage points over the prior two years.[13]
- M&A
- Consolidation continued in 2025: CBRE acquired the remaining 60% of Industrious for approximately $400 million, implying an enterprise value of about $800 million. Yardi also acquired flexible-workspace platforms Deskpass in the United States and Hubble in the United Kingdom in January 2025.[27][88]
- Latest news
- IWG’s 2025 annual report recorded 782 centre openings and 1,132 new centre deals, with 99% of signed deals described as capital-light. Its network reached 4,609 centres at the end of December 2025, up 16% year over year.[87]
02 Ranking
Top 10 Companies in the Coworking Industry
The leading companies in the coworking industry, ranked on market impact, performance, momentum, innovation and brand popularity.
Updated November 11, 2026 · Next review December 11, 2026
Industrious and Awfis are tied at the top of Gitnux's 2026 coworking ranking with an Overall score of 9.2 each.
Ranked by Overall score · How we score ↓
Editor's top 3 picks
Where to start, by need.
#1 Overall · Leader in flexible offices
Industrious
US
Ranked #1 · 9.2 · Flexible offices
Why we picked it: It runs premium flexible offices and coworking at scale across the U.S. and international markets.
#2 overall
Awfis
IN
Ranked #2 · 9.2 · Flexible offices
Why we picked it: It operates managed offices and coworking with a 2025 footprint across 18 Indian cities.
#3 overall
Smartworks
IN
Ranked #3 · 9.0 · Flexible offices
Why we picked it: It runs managed offices and coworking across India and Singapore with reported 2025 seat capacity.
Pick 1 is the #1 company overall. No other segment places in the top 5, so picks 2 and 3 follow rank.
Full ranking
| # | Company | Overall ↓ | Impact | Performance | Momentum | Innovation | Company snapshot |
|---|---|---|---|---|---|---|---|
| 1 | Industrious Flexible offices · US | 9.2 | 8.8 | 9.4 | 9.8 | 9.9 | |
Company snapshot · Industrious · Data as of November 11, 2026 Industrious operates more than 250 locations across over 80 cities globally.[89]
| |||||||
| 2 | Awfis Flexible offices · IN | 9.2 | 8.2 | 9.9 | 9.8 | 9.9 | |
Company snapshot · Awfis · Data as of November 11, 2026 Awfis reported 230 centres, more than 152,000 seats and operations in 18 Indian cities in FY2025.[90]
| |||||||
| 3 | Smartworks Flexible offices · IN | 9.0 | 8.5 | 9.5 | 9.9 | 8.9 | |
Company snapshot · Smartworks · Data as of November 11, 2026 Smartworks operated across 15 cities and 55 centres with 183,613 operational seats in FY2025.[91]
| |||||||
| 4 | IndiQube Flexible offices · IN | 9.0 | 8.5 | 9.3 | 9.9 | 8.9 | |
Company snapshot · IndiQube · Data as of November 11, 2026 IndiQube reported FY2026 revenue of ₹1,469 crore from its managed-spaces platform.[92]
| |||||||
| 5 | JustCo Flexible offices · SG | 9.0 | 8.8 | 9.3 | 9.3 | 8.9 | |
Company snapshot · JustCo · Data as of November 11, 2026 JustCo operates flexible-workspace locations across Singapore, Australia, Japan, Korea and Southeast Asia.[93]
| |||||||
| 6 | Vast Coworking Group Coworking franchisor and operator network · US | 8.7 | 8.8 | 8.8 | 9.3 | 8.0 | |
Company snapshot · Vast Coworking Group · Data as of November 11, 2026 Vast reports 210-plus locations, 60,000-plus members and more than 2.5 million square feet.[94]
| |||||||
| 7 | Servcorp Premium coworking and serviced offices · AU | 8.6 | 8.6 | 8.2 | 8.5 | 8.9 | |
Company snapshot · Servcorp · Data as of November 11, 2026 Servcorp reported more than 150 premium locations across 19 countries in 2025.[95]
| |||||||
| 8 | WeWork Global coworking and flexible offices · US | 8.6 | 9.9 | 7.0 | 7.0 | 8.9 | |
Company snapshot · WeWork · Data as of November 11, 2026 WeWork reported 600-plus locations in more than 120 cities as of October 2026.[16]
| |||||||
| 9 | 91springboard Coworking and managed offices, India · IN | 8.3 | 7.0 | 9.6 | 9.1 | 8.0 | |
Company snapshot · 91springboard · Data as of November 11, 2026
| |||||||
| 10 | Fora Premium flexible offices and coworking, UK · GB | 8.0 | 7.0 | 8.7 | 8.7 | 8.0 | |
Company snapshot · Fora · Data as of November 11, 2026 Fora operates flexible workspaces across London, Cambridge, Leeds and Reading.[96]
| |||||||
How we score
- Impact (30%): scale and weight in the market (revenue, market share, employees, market position).
- Performance (20%): recent revenue growth and operating margin; an analyst assessment where a company does not publish them.
- Momentum (20%): growth trajectory and future potential.
- Innovation (15%): R&D intensity and how technologically advanced the company is.
Popularity (brand search demand, 15%) counts toward Overall but is not published as a column. Overall leaves out what is not known.
Scale Scores are shown on a 7–10 scale with one decimal; bars start at 7.0.
Cadence Recalculated when new figures are published; next review December 11, 2026.
Independence. Rankings are editorially independent. Scores, ranks, picks and the verdict follow the method above; no company can pay to change them.
Cite this ranking
APA
Leah Kessler. (2026, February 13). Top 10 companies in the coworking industry. In Coworking Industry Statistics. Gitnux. https://gitnux.org/coworking-industry-statistics/#top-companies
Number of coworking spaces
United States leads with 3,762.
03 Trends & forecasts
Top 10 Coworking Industry Trends & Forecasts 2027
What is changing in the coworking industry, with the evidence behind each trend and a forecast for 2027.
Forecasts were generated by an AI model from the cited evidence. They are estimates, not guarantees.
01Corporate flex adoption continues rising
High confidenceCorporate occupiers are becoming a larger customer group: global corporates represented 29% of flex-office occupiers in the 2025 Workthere survey. JLL also identifies enterprise demand as a major driver of the 2024–2025 recovery, while 43% of corporate leaders expect headcounts to rise in coming years.[97][25]
Forecast 2027: By 2027, corporate accounts should become the main source of incremental demand for higher-quality flex space, particularly for project teams, satellite offices and short-term market entry. Operators with enterprise-grade security, reporting and multi-location access are likely to outperform consumer-focused spaces.
02Suburban supply expands faster
High confidenceIWG reported that many new centres are opening in local communities, suburbs and rural areas, while its 2025 network reached 4,609 centres. U.S. suburban coworking locations grew 39% from 2024 to 2026, compared with 22% growth for urban locations.[92][98]
Forecast 2027: In 2027, suburban and commuter-town locations should capture a disproportionate share of new openings. Growth will favor smaller, conveniently located centres that reduce commuting time rather than very large central-business-district floors.
03Private offices gain share
High confidenceThe 2025 Workthere survey reported 81% occupancy for private offices versus 65% for shared coworking space. U.S. market reporting also describes stronger demand for small private offices and executive suites as hybrid work becomes established.[97][99]
Forecast 2027: By 2027, operators are likely to allocate more floor area to enclosed offices, team suites and sound-controlled rooms, reducing the relative share of open hot-desk capacity. New developments will increasingly be designed around small teams rather than predominantly individual freelancers.
04Occupancy improves unevenly
High confidenceGlobal 2025 flex-office data showed 65% occupancy for shared coworking space and 81% for private offices, indicating a material performance gap by product type. A 2026 coworking report found that utilization improved in some regions and space types but remained mixed overall.[97][100]
Forecast 2027: Average occupancy should rise modestly in 2027, but the improvement will remain concentrated in private offices, meeting rooms and well-located suburban centres. Open-desk operators in oversupplied markets will continue to face discounting and churn.
05Prices remain locally competitive
Medium confidenceU.S. coworking prices were broadly stable in the fourth quarter of 2025, even as total inventory reached 159 million square feet. The 2026 U.S. market report recorded further inventory expansion, suggesting that operators still face competition for occupancy rather than unrestricted pricing power.[101][102]
Forecast 2027: In 2027, headline desk prices should remain broadly stable in most markets, with premium increases limited to high-occupancy buildings and private offices. Effective prices will diverge more through concessions, bundled meeting-room credits and flexible cancellation terms.
06Capital-light expansion dominates
High confidenceIWG signed 1,132 new centre deals in 2025, with 99% described as capital-light; 769 of its 782 openings used managed, partnership, variable-rent, franchise or joint-venture structures. The company ended 2025 with 4,609 centres, up 16% year over year.[87]
Forecast 2027: Capital-light models should account for most large-operator network additions in 2027. Managed, franchised and landlord-partnered sites will expand faster than company-funded leases because they reduce balance-sheet exposure and speed entry into secondary markets.
07Consolidation strengthens platform operators
High confidenceCBRE acquired the remaining 60% of Industrious for approximately $400 million, while Yardi acquired Deskpass and Hubble in January 2025. These transactions extend the role of real-estate and software platforms in coworking distribution and operations.[103][88]
Forecast 2027: By 2027, consolidation should continue around operators with enterprise sales, booking networks, property-management software and landlord relationships. Independent spaces will remain numerous, but more will rely on partnerships, aggregators or specialist niches to compete.
08Meeting and event revenue diversifies
High confidenceIn 2025, 74% of surveyed coworking providers reported increased bookings and revenue from external amenities, with average revenue growth of 12.5% among operators that grew. Meeting space was offered by 90% of providers and event space by 76%.[100]
Forecast 2027: In 2027, meeting rooms, day offices, event space and team off-sites should become more important secondary revenue streams. Operators will increasingly market coworking venues to non-members and use one-off bookings as a conversion channel for longer-term memberships.
09Hospitality-led experience differentiates
High confidenceWorkthere reported that demand for collaboration spaces rose by 3 percentage points over the prior two years and identified hospitality-inspired service as a defining feature of leading flexible offices. Community engagement also strengthened, with providers hosting social events rising from 78% to 82% in 2025.[97][100]
Forecast 2027: By 2027, service quality, programming, wellness and hospitality will be more important competitive levers than desks alone. Premium operators will invest in community teams and curated events, while lower-cost spaces will focus on functional privacy and convenience.
10Integrated workplace technology standardizes
High confidenceThe 2025 Flex Space Tech Stack report identifies accounting, CRM, network management and access control as core components of coworking operations. Workplace technology research also shows strong demand for mobile access control and space or service booking, alongside pressure to simplify fragmented systems.[15][104]
Forecast 2027: By 2027, integrated platforms linking booking, access, billing, CRM and occupancy analytics should become standard for scaled operators. Artificial-intelligence features will mainly be used for forecasting demand, automating support and optimizing room and desk utilization rather than replacing core property systems.
04 Statistics
Technology & Innovation
Automation is treated as a core operating lever: 97% of owners and founders said it matters in a 2024 survey, while 100–400 automations per day are estimated for a typical location in 2025.
Automation in the coworking industry
- 97% of coworking-space owners and founders said automation was important or very important to their business in a 2024 global operator survey.[1]
- 61% of coworking and flex-space operators used a marketing system such as Mailchimp or ActiveCampaign in 2024.[1]
- 4–17 million automation and integration events per day were estimated across the global coworking industry in 2025.[2]
- 100–400 automations per day were estimated for a typical coworking location in a 2025 global digital-footprint model.[2]
- Nearly 70% of coworking and flex-space operators used an accounting system in 2024, making it the most common external technology tool reported.[1]
Digital Transformation in the construction and real estate sector (sector benchmark)
- Among 933 engineering and construction businesses surveyed, 41% were already using mobile apps in 2024.[3]
- Among 933 engineering and construction businesses surveyed, 47% were already using data analytics in 2024.[3]
- Across Australia’s building and construction industry, 64% of organisations invested in data and digitalisation during the 12 months before the 2025 survey.[4]
- Among 933 engineering and construction businesses surveyed, 38% were already using building information modelling in 2024.[3]
Technology Adoption in the construction and real estate sector (sector benchmark)
- Among ICI contractors surveyed in 2024, 35% reported experience using advanced building materials.[5]
- Among ICI contractors surveyed in 2024, 43% reported experience using jobsite data-collection applications.[5]
- Among ICI contractors surveyed in 2024, 44% reported experience using building information modelling.[5]
- Among ICI contractors surveyed in 2024, 11% reported experience using artificial intelligence.[5]
Cloud Computing in the construction and real estate sector (sector benchmark)
- Among capital-projects and infrastructure organisations surveyed globally, 2% neither used cloud technology nor planned to use it within 12 months in 2025.[6]
- Across capital-projects and infrastructure organisations surveyed globally, 9% planned to adopt cloud technology within the next 12 months in 2025.[6]
- Across capital-projects and infrastructure organisations surveyed globally, 89% were currently using cloud technology in 2025.[6]
- Among 933 engineering and construction businesses surveyed, 43% were already using construction-management cloud software in 2024.[3]
Big Data in the construction and real estate sector (sector benchmark)
- Across construction businesses, 33% analyze financial data and use it to inform business decisions, while 86% capture it, in 2023.[7]
- Across construction businesses, the average company captures 11 of 13 data types but analyzes only 8, according to a 2023 survey.[7]
- Across European enterprises, big-data analytics adoption in construction was 4% in the latest Eurostat-based data reported by the OECD.[8]
- Across real estate companies, 13% have access to real-time business intelligence and analytics, according to the 2024 commercial real estate outlook.[9]
- Across construction businesses, only one-third receive daily insights from at least one data source, according to a 2023 survey.[7]
- Across capital-projects and infrastructure organisations surveyed globally, 30% planned to adopt big data and Internet-of-Things technologies within 12 months in 2025.[6]
IoT in the construction and real estate sector (sector benchmark)
- Among 933 engineering and construction businesses surveyed, 35% were already using Internet-of-Things technology and smart sensors in 2024.[3]
- Across construction-industry IoT stakeholders, approximately 70% rated IoT as important for construction over the next 5–10 years, according to a 2025 survey.[10]
- Across U.S. and Canadian buildings, 90% of surveyed owners, operators, and managers reported smart capabilities in 2024.[11]
- Across U.S. construction SMBs, 30% identified connecting sensors or devices to analyze data as an investment priority for the next 12 months in early 2025.[12]
- Across commercial buildings, 81% reported adopting climate or HVAC control smart technology, the highest rate among surveyed commercial segments, in 2024.[11]
- Among ICI contractors surveyed in 2024, 38% reported experience using smart sensors.[5]
05 Statistics
Data & Analytics
Attendance and data supply are tracked at scale. Asia-Pacific averages 4.13 days per week in 2025, and OfficeRnD’s FlexIndex Q4 2025 cites 3,500+ locations providing anonymized operational data.
Business intelligence in the coworking industry
- 4.13 days per week was the average flex-office attendance reported for the Asia-Pacific region in 2025.[13]
- 20% was the reported global increase in flex-office attendance between 2022 and 2025.[13]
- 85% of flex operators surveyed planned to expand their operations during the year following the 2025 Workthere survey.[13]
- 86% of flex-office operators considered collaboration spaces important or very important in the 2025 Workthere survey.[14]
- 3.5 days per week was the average flex-office attendance reported for the Americas in 2025.[13]
- 3,500+ coworking and flexible-workspace locations supplied anonymized operational data for OfficeRnD’s FlexIndex Q4 2025 report.[15]
Data analytics in the coworking industry
- 220 companies had signed onto WeWork Workplace by the fourth quarter of 2022.[16]
- 70,000 WeWork All Access and On-Demand memberships were recorded in the fourth quarter of 2022.[16]
- 906,000 workstations were supported across WeWork’s systemwide portfolio at December 31, 2022.[16]
- 56% was the year-over-year growth in WeWork All Access and On-Demand memberships in the fourth quarter of 2022.[16]
- 75% was WeWork’s systemwide physical occupancy at December 31, 2022.[16]
- 779 WeWork locations operated across 39 countries at December 31, 2022.[16]
Data Quality in the construction and real estate sector (sector benchmark)
- Across construction professionals, 76% said departments frequently or occasionally work from different systems and data sources in a 2026 survey.[17]
- Across construction professionals, 72% said they spend more than three hours gathering and preparing data before it is ready for analysis in a 2026 survey.[17]
- Across UK housing providers, only 23% were confident in tenant or customer data in 2022, the lowest confidence level among the data categories surveyed.[18]
- Across institutional real estate, data quality received an average self-rating of 6.2 out of 10 in 2026, based on 72 professionals across 38 firms.[19]
- Across construction companies, 38% rated their ability to share and use data with internal and external collaborators as strong in the report’s construction sample.[20]
- Across UK housing providers, 48% were totally confident in their real-estate asset data in 2022, compared with 34% confident in management and maintenance data.[18]
Data Governance in the construction and real estate sector (sector benchmark)
- Across institutional real estate, governance readiness for AI received an average self-rating of 5.1 out of 10 in 2026, based on 72 professionals across 38 firms.[19]
- Across US construction owners, 11% required project teams to use data standards on all projects in the 2024–2025 survey period.[21]
- Across US construction owners requiring data governance plans, 19% required them on a majority of projects in the 2024–2025 survey period.[21]
- Across construction businesses, 10% reported in 2023 that they did not have a well-defined data governance policy.[22]
- Across US construction owners, 45% did not provide regular data training in the 2024–2025 survey period, limiting governance capability and consistent data use.[21]
- Across US construction owners, 45% required project teams to define a data governance plan in the 2024–2025 survey period.[21]
KPIs in the coworking industry
- $973 million was WeWork’s systemwide revenue in the fourth quarter of 2022.[16]
- 75,000 systemwide new workstation sales were recorded by WeWork in the fourth quarter of 2022.[16]
- 72% was WeWork’s systemwide physical occupancy in the second quarter of 2022.[16]
- 68% was the share of coworking spaces reporting membership growth in the final quarter of 2021.[23]
- 33% was WeWork’s year-over-year increase in physical memberships at June 30, 2022.[16]
- 16% was WeWork’s year-over-year increase in systemwide physical memberships at December 31, 2022.[16]
06 Statistics
Strategy & Growth
Operator expansion remains tied to networks and acquisitions. One example: Vast occupied 2.4 million square feet across eight countries after its 2024 acquisition.
Growth in the coworking industry
- Flexible-workspace demand in Spain’s main regional markets was more than 70% higher year over year in the third quarter of 2024.[24]
- Barcelona had 246,700 square meters and 24,700 flexible-workspace desks in 2024.[24]
- Networkia reached 10 coworking centers and 27,000 square meters in Spain in 2025.[24]
- Madrid had 265,805 square meters and 26,580 flexible-workspace desks in 2024.[24]
- Networkia’s largest announced Barcelona coworking center measured 4,500 square meters in 2025.[24]
- Common Desk grew to 23 locations across 13 cities before WeWork announced its acquisition in 2022.[16]
Differentiation in the coworking industry
- Industrious operated more than 200 primarily U.S. locations while expanding internationally in 2026.[25]
- The Executive Centre operated approximately 170 high-end flexible-workspace locations across Asia-Pacific in 2026.[25]
- Vast Coworking Group combined three coworking brands—Venture X, Office Evolution and Intelligent Office—after its 2024 acquisition.[26]
- Vast occupied 2.4 million square feet of flexible workspace across eight countries after the 2024 acquisition.[26]
- Intelligent Office added call answering and executive-assistant services to Vast’s coworking offering in 2024.[26]
Mergers and acquisitions in the coworking industry
- WeWork agreed to acquire Common Desk’s 23-location network in 2022.[16]
- CBRE announced an agreement to acquire the remaining interest in Industrious in January 2025.[27]
- Deskpass and Industrious-owned Breather announced a merger in February 2024.[28]
- Agartha Real Estate acquired a majority shareholding in OneCoWork in July 2024.[29]
- The Deskpass–Breather combination gave Industrious a 40% stake in the merged subsidiary in 2024.[30]
- Vast Coworking Group acquired Intelligent Office in January 2024.[26]
Strategic partnerships in the coworking industry
- The WeWork–Vast partnership initially added third-party coworking access across 75 locations in 50 U.S. and Canadian markets.[16]
- 10% of coworking spaces reported partnerships with incubator programs in the Coworker dataset analyzed in 2021.[31]
- 9% of coworking spaces reported partnerships with accelerator programs in the Coworker dataset analyzed in 2021.[31]
- Workbox and Serendipity Labs formed an alliance covering 32 locations across 23 U.S. markets in July 2026.[32]
- Launch Workplaces and Gather created reciprocal access to 16 coworking locations through a partnership in 2022.[33]
- WeWork’s partner network reached more than 1,000 locations across 500-plus North American markets by September 2025.[16]
07 Statistics
People & Workforce
Workforce stability concerns show up in retention sentiment. In the U.K. flexible-workspace industry, 70% of front-of-house employees reported they did not see a long-term future in the sector in 2026.
Employee retention in the coworking industry
- 31 employees and employers from eight corporate coworking teams participated in a 2025 qualitative study examining coworking, management control and perceived turnover risk.[34]
- 70% of front-of-house employees in the U.K. flexible-workspace industry said they did not see a long-term future in the sector in 2026.[35]
Remote Work in the construction and real estate sector (sector benchmark)
- About 9% of U.S. construction workers worked remotely at least sometimes during October 2023–September 2024, including hybrid and fully remote work.[36]
- In 2024, 23.7% of finance, insurance and real-estate positions were fully remote in the U.S., according to employers surveyed by NACE.[37]
- In January 2024, 33.63% of U.S. real-estate wage and salary employees worked from home, based on the Survey of Working Arrangements and Attitudes.[38]
- In 2024, 2.7% of construction positions were fully remote in the U.S., according to employers surveyed by NACE.[37]
Hybrid Work in the construction and real estate sector (sector benchmark)
- In 2024, 15.0% of construction positions were fully hybrid in the U.S., according to employers surveyed by NACE.[37]
- In 2024, 43% of surveyed real-estate executives identified flexible workday schedules as a leading talent-acquisition and retention action.[9]
- In 2024, 55.8% of finance, insurance and real-estate positions were fully hybrid in the U.S., according to employers surveyed by NACE.[37]
- Forty-two percent of real-estate investment managers expected employees to be in the office four days per week within six to 12 months, according to a 2025 NAREIM survey.[19]
Employee Engagement in the construction and real estate sector (sector benchmark)
- Fifty-nine percent of construction employers lacked a strategy to improve employee engagement in the 2018 U.S. construction benefits benchmarking survey.[39]
- Construction employees scored 4.20 out of 5 on engagement-related measures in 2024, up from 3.92 in 2022, in WebMD Health Services’ survey of 3,653 workers.[40]
- Across construction and heavy industry, Meaningful Work received the highest driver score at 8.45 out of 10 in 2026.[41]
- Forty-seven percent of construction employers said their workforce was highly engaged in the 2018 U.S. construction benefits benchmarking survey.[39]
- Across construction and heavy industry, Rewards received the lowest reported driver score at 6.95 out of 10 in 2026.[41]
DEI in the coworking industry
- 28% of employees aged 55 and older said they would consider working partly in a coworking space in a 2024 Swedish workplace survey.[42]
- 10% of employees younger than 25 said they would not consider working in a coworking space in a 2024 Swedish workplace survey.[42]
- 43% of employees younger than 25 said they would consider working exclusively in a coworking space in a 2024 Swedish workplace survey.[42]
- 15% of employees aged 55 and older said they would consider working exclusively in a coworking space in a 2024 Swedish workplace survey.[42]
- 48% of employees aged 55 and older said they would not consider working in a coworking space in a 2024 Swedish workplace survey.[42]
Change Management in the construction and real estate sector (sector benchmark)
- Construction general contractors spent 36 hours per week per project on change-order administration in 2026, according to Clearstory and Dodge Construction Network.[43]
- Forty-two percent of U.S. specialty contractors reported cash-flow issues caused by untimely change-order processing in 2026.[43]
- Eighty-three percent of U.S. general contractors still tracked change-order exposure on spreadsheets in 2026, even when financial software was available.[43]
- Ninety-two percent of U.S. specialty contractors said their change orders were not always paid in full in 2026.[43]
- Fifty-eight percent of U.S. specialty contractors reported rising change-order volume over the previous five years in 2026.[43]
08 Statistics
Customer & Sales
Membership tenure is relatively long, with 22 months reported as average global coworking-member tenure in 2026. Retention for plan-based memberships is described as strong, with 65% to 85% year-on-year retention cited.
Customer experience in the coworking industry
- 70% of 661 coworkers across 24 countries surveyed in 2010 said they were very happy with their coworking desk.[23]
- 80.3% of surveyed federal coworking-site customers identified video-conferencing equipment as a required technology feature.[44]
- 77% of 501 U.S. coworking employees surveyed in 2022 said they were satisfied with working in a coworking space.[45]
- 88% of 661 coworkers across 24 countries surveyed in 2010 said they had better interaction with other people after joining a coworking space.[23]
- 80.0% of 179 customers surveyed after visiting U.S. federal coworking sites said they planned to return.[44]
Customer retention in the coworking industry
- 22 months was the average coworking-member tenure reported globally in 2026.[46]
- 14% of surveyed coworkers in 2010 planned to stay in their current coworking space for at least another year.[23]
- 70% of surveyed coworkers in 2010 had no intention of changing coworking spaces.[23]
- More than 90% annual retention is described as strong for plan-based coworking memberships in 2026.[47]
- 65% to 85% is the reported healthy year-on-year retention range for plan-based coworking memberships in 2026.[47]
Customer acquisition in the coworking industry
- 20% to 30% is the reported lead-to-tour conversion range for coworking spaces, while elite spaces reach 50%.[1]
- 25% to 40% is the reported tour-to-member conversion range for coworking spaces, while elite spaces reach 60%.[1]
- 6.3% of surveyed coworking operators said local partnerships were the most effective tactic for converting new members.[48]
- 21.9% of surveyed coworking operators said referrals were the most effective tactic for converting new members.[48]
- 1% to 3% is the reported website-visitor-to-lead conversion range for coworking spaces, while elite spaces reach 5%.[1]
Customer loyalty in the coworking industry
- 86% of coworking spaces in Deskmag's 2022 Global Coworking Survey reported member referrals as one of their most important income sources.[48]
- 96% of respondents to Deskmag's global coworking survey said community was an important value among coworking members.[23]
- 64% of coworking members in a 2022 study said they had made valuable professional connections through their membership.[48]
- 71% of coworking members in a 2022 study said they interacted and networked with others in their space.[48]
- 84.3% of surveyed coworking operators in 2023 said interacting with members was their favorite aspect of managing a space.[48]
Lead generation in the coworking industry
- Lead generation was identified as the biggest challenge by coworking owners and operators in a Yardi Kube and GCUC survey conducted for 2023.[49]
- 42% of coworking spaces in the 2020 GWA benchmarking study rated hosted events effective or extremely effective for lead generation.[50]
- 66% of surveyed coworking operators rated paid digital media as effective for lead generation.[51]
- 71.2% of coworking spaces in the 2020 GWA benchmarking study rated member referrals effective or extremely effective.[50]
- 85% of surveyed coworking operators rated member-referral programs as most effective or very effective for lead generation.[51]
09 Statistics
Marketing & Brand
Acquisition channels skew toward organic web traffic in the analyzed dataset, with 53.7% of traffic to 21 coworking websites coming from organic search in the reported period.
Marketing in the coworking industry
- 40.4% of coworking spaces in the 2020 GWA benchmarking study rated paid digital media effective or extremely effective.[50]
- More than 50% of coworking spaces in the 2020 GWA benchmarking study spent less than $5,000 on marketing annually.[50]
- 27% of coworking spaces in the 2020 GWA benchmarking study spent more than $7,500 on marketing annually.[50]
- 37.2% of coworking spaces in the 2020 GWA benchmarking study rated unpaid social media effective or extremely effective.[50]
- 21.1% of coworking spaces in the 2020 GWA benchmarking study spent $5,001 to $7,500 on marketing annually.[50]
Digital marketing in the coworking industry
- 53.7% of traffic to 21 analyzed coworking websites came from organic search in the reported study period.[52]
- 29.6% of traffic to 21 analyzed coworking websites was direct traffic in the reported study period.[52]
- 7.2% of traffic to 21 analyzed coworking websites came from referrals in the reported study period.[52]
- 9.0% of traffic to 21 analyzed coworking websites came from paid search in the reported study period.[52]
- 1 minute 9 seconds was the average time spent on websites in the 21-site coworking traffic study.[52]
Branding in the coworking industry
Influencer Marketing in the construction and real estate sector (sector benchmark)
- Among residential construction workers surveyed in 2024, 47% regularly used Instagram, 52% used YouTube and 73% used Facebook.[54]
- Among U.S. real estate professionals, 52% said social media generated the highest number of quality leads in the previous 12 months in 2024.[55]
- Among U.S. real estate professionals, 62% used Instagram for business in 2024, alongside 87% using Facebook and 25% using YouTube.[55]
- Across U.S. prospective home buyers, 41% said in 2025 they were more likely to hire a real estate agent with a social media presence.[56]
- Among U.S. real estate professionals, 15% used TikTok for business in 2024, while 10% used X (formerly Twitter).[55]
10 Statistics
Operations & Execution
Operators rely on software and automation selectively. In 2025, 96% used coworking software alongside at least one other tool, while 26% reported difficulties with operational efficiency.
Process optimization in the coworking industry
- 96% of coworking operators surveyed in 2025 used coworking software alongside at least one other tool.[1]
- 75% of coworking operators with communities of 100–199 members surveyed in 2024 rated automation as very important.[1]
- 13% of coworking and flex-space operators surveyed in 2025 used AI for operational automation.[15]
- 70% of coworking and flex-space operators surveyed in 2024 used an accounting system as an external technology tool.[1]
- 63% of coworking operators surveyed in 2025 said they wanted more time to build community.[1]
Operational efficiency in the coworking industry
- 71.3% was global private-office occupancy in Q2 2025, with EMEA and UKI at 73.6% and APAC at 68.3%.[15]
- 71.34% was global private-office occupancy in coworking and flex-space locations in Q4 2025.[15]
- 71% of coworking operators surveyed in the United States identified better software tools as the leading way to run locations more efficiently.[48]
- 73.05% was global desk occupancy in coworking and flex-space locations in Q4 2025.[15]
- 26% of coworking operators surveyed reported difficulties with overall operational efficiency, including bookings, payments and process flow.[57]
Quality management in the coworking industry
- 2% of coworking spaces in the Coworker.com dataset offered childcare.[31]
- 74% of coworking spaces in the Coworker.com dataset offered a kitchen.[31]
- 5% of coworking spaces in the Coworker.com dataset offered a gym.[31]
- 78% of coworking spaces in the Coworker.com dataset offered coffee.[31]
- 99% of coworking spaces in the Coworker.com dataset offered Wi-Fi as an amenity.[31]
Outsourcing / Offshoring in the construction and real estate sector (sector benchmark)
- $5.66 per agent per month was the average outsourced accounting-labor price for U.S. real-estate brokerages with more than 500 agents, based on an August 2024 survey.[58]
- 30% of costs in Australian infrastructure construction flowed to external construction services in 2025.[4]
- 11% of income in Australian civil engineering, non-residential building and related construction came from subcontracting in 2025.[4]
- 46.5% of Australian construction-industry input costs came from outsourced services in 2024, including labour hire, consultants and capital rentals.[4]
- 41% of Australian infrastructure construction was completed by subcontractors in 2025, according to Infrastructure Australia’s analysis of Australian Bureau of Statistics data.[4]
11 Statistics
Finance & Pricing
Revenue is benchmarked per occupied desk, with $520.15 global revenue per occupied desk in coworking and flex-space locations in Q4 2025. Pricing also shows regional hourly booking levels, including $41.25 for EMEA and UKI in Q4 2025.
Pricing strategy in the coworking industry
- 2% was the increase in coworking desk rates from Q1 2023 to Q1 2024 across the market covered by The Instant Group.[59]
- $200.39 was the average monthly hot-desk price in the Coworker.com dataset.[31]
- $41.25 was the EMEA and UKI average price per hour of booking in Q4 2025.[15]
- $520.15 was global revenue per occupied desk in coworking and flex-space locations in Q4 2025.[15]
- $649.53 was APAC revenue per occupied desk in Q4 2025.[15]
Cost reduction in the coworking industry
- $12 billion in future savings was expected by WeWork after it cut future lease obligations in half in June 2024.[60]
- $2.2 billion in savings was associated with WeWork’s approved termination of 67 leases by January 2024.[61]
- Two-thirds of WeWork’s operating costs were attributed to rental liabilities during its 2024 restructuring disclosures.[60]
- $8 billion in future rental savings was forecast by WeWork as it pursued lease restructuring in April 2024.[60]
- $3.7 billion of WeWork lease expenses had been trimmed through lease rejections or amendments by January 2024.[61]
Profitability in the coworking industry
- ₹402 crore was Awfis’s operating EBITDA in FY2025.[62]
- 20–30% was the EBITDA-margin range described for IWG in an investment letter discussing the coworking operator’s historical profitability.[63]
- 40–44% was the centre-level EBITDA margin at 100% occupancy for WeWork India managed-office and WeWork-branded centres.[64]
- ₹363 crore was Awfis’s net cash flow from operations in FY2025.[62]
- Approximately 55% was the breakeven occupancy level cited for WeWork-branded workspaces in India.[64]
Financial planning in the coworking industry
- ₹1,208 crore was Awfis’s total operating revenue in FY2025.[62]
- ₹574 crore was Awfis’s revenue from operations in the first half of FY2026.[62]
- 65% was Awfis’s annualized return on capital employed in the first half of FY2026.[62]
- ₹102 per square foot per month was the rental benchmark used for a typical Smartworks flexible-workspace centre in India in 2025.[65]
- ₹916 crore of Awfis’s FY2025 revenue came from coworking space on rent and allied services.[62]
12 Statistics
Product & Service
Amenity coverage is broad but digital products vary. Wi‑Fi is listed in 99% of coworking spaces in the Coworker.com dataset, while a community app appears in 12%.
Product development in the coworking industry
- 16% of coworking spaces offered pitching events, a product feature aimed particularly at entrepreneurial members.[31]
- 86% of coworking spaces offered printers, according to a global analysis of coworking-space features.[31]
- 33% of coworking spaces offered workshops, according to the global Coworker.com dataset.[31]
- 99% of coworking spaces offered Wi-Fi, making connectivity the most widespread listed amenity in the global Coworker.com dataset.[31]
- 12% of coworking spaces offered a community app, showing that digital member products were present but not yet universal.[31]
Product lifecycle in the coworking industry
- 81% was the 2025 global average occupancy rate for private offices in the Workthere Flexmark survey.[13]
- 55% of coworking spaces offered a daily lease option, providing a lower-commitment entry product.[31]
- 68% was the average global coworking-space occupancy rate at the start of 2025, according to Deskmag’s global survey.[23]
- $599.19 was the average monthly price for a one-person private office across the coworking spaces analyzed globally.[31]
- 65% was the 2025 global average occupancy rate for shared coworking space in the Workthere Flexmark survey.[13]
After-sales in the coworking industry
- 3% of coworking spaces offered laundry service, one of the less common ongoing member services recorded globally.[31]
- 43% of coworking spaces offered standing desks, according to the global Coworker.com dataset.[31]
- 38% of coworking spaces offered personal lockers, supporting member storage after purchase of a membership.[31]
- 15% of coworking spaces offered a Facebook group as a member-community support channel.[31]
- 9% of coworking spaces offered accelerator programs, according to the global Coworker.com dataset.[31]
Value proposition in the coworking industry
- 35% of respondents aged 25–34 said in 2024 that they would consider working exclusively in a coworking space.[42]
- 74% of coworking spaces offered kitchens, adding shared facilities beyond desk access.[31]
- 15% of respondents aged 55 and over said in 2024 that they would consider working exclusively in a coworking space.[42]
- 99% of coworking spaces offered Wi-Fi, making reliable internet the dominant basic value proposition in the global dataset.[31]
- 43% of respondents younger than 25 said in 2024 that they would consider working exclusively in a coworking space.[42]
13 Statistics
Sustainability & Ethics
Measured targets exist alongside partial measurement. WeWork India reported 29 litres per person per day in FY2025–26 with a 25 litres target for FY2026–27.
Sustainability in the coworking industry
- 29 litres per person per day was WeWork India’s water-use intensity in FY2025–26, with a target of 25 litres for FY2026–27.[64]
- 20 litres per person per day is WeWork India’s FY2027–28 water-use target for its portfolio.[64]
- 86% of waste was diverted from landfill by WeWork India in FY2025–26 at assets where waste was managed by the company.[64]
- 126 kWh/m²/year was WeWork India’s energy-performance intensity in FY2025–26, against a target of 120 kWh/m²/year for FY2026–27 across its portfolio.[64]
- 90% is WeWork India’s FY2027–28 target for waste diversion from landfill at assets where it manages waste.[64]
ESG in the coworking industry
- 46% of coworking and flex operators had obtained some form of ESG certification in 2025.[66]
- 33% of coworking and flex operators relied on manual ESG measurement methods such as spreadsheets in 2025.[66]
- 20% of coworking and flex operators used external auditing services or dedicated ESG platforms in 2025.[66]
- 36% of coworking and flex operators reported that they measured no ESG initiatives in 2025.[66]
- 63% of coworking and flex operators believed landlords and operators should share the financial responsibility for ESG investments in 2025.[66]
CSR in the coworking industry
- 321 students received scholarships from WeWork India’s Colors of Life Academy in FY2025–26.[64]
- 1,502 students were in regular contact with WeWork India’s Colors of Life Academy during FY2025–26.[64]
- 10% of coworking and flex operators offered coworking scholarships or incubator programs in 2025.[66]
- 57% of coworking and flex operators hosted free community events in 2025.[66]
- ₹62.5 lakh or more was allocated in scholarships by WeWork India’s Colors of Life Academy during FY2025–26.[64]
Carbon footprint in the coworking industry
- 75% is WeWork India’s renewable-electricity target for FY2026–27 across its portfolio.[64]
- 39% was WeWork India’s renewable-electricity share in FY2025–26 across its portfolio.[64]
- 20% of coworking and flex operators used external auditing services or dedicated ESG platforms in 2025, which can support emissions measurement and verification.[66]
14 Statistics
Risk, Compliance & Legal
Cyber risk and crisis planning are recurring themes. In the 2025 Travelers Risk Index, 25% of construction businesses reported experiencing a data breach or cyberattack in the previous year.
Risk Management in the construction and real estate sector (sector benchmark)
- 75% of global construction executives were equally or significantly more risk-averse in 2025 than 12 months earlier.[67]
- 95% of construction and engineering companies consult risk-management professionals when assessing operational vulnerability to extreme weather, versus 85% of hospitality and real estate companies, in MSCI’s 2025 survey.[68]
- 53% of global construction executives were concerned in 2025 about their ability to adapt at the required speed.[67]
- 68% of construction organizations reported increased phishing between November 2023 and November 2024 in the Marsh/ENR specialty-contractor risk survey.[69]
- 52% of construction organizations reported increased ransomware attacks between November 2023 and November 2024 in the Marsh/ENR specialty-contractor risk survey.[69]
Cybersecurity in the construction and real estate sector (sector benchmark)
- 25% of construction businesses reported experiencing a data breach or cyberattack during the previous year in the 2025 Travelers Risk Index.[70]
- 76% of construction and real estate firms cited cybersecurity as a major future risk or regulatory issue in Grant Thornton’s 2026 survey.[71]
- 10% of U.S. real estate professionals reported using cybersecurity technology addressing ransomware or wire fraud in the 2024 NAR Technology Survey.[55]
- 18% of U.S. real estate professionals said they were very likely to seek cybersecurity advice or training in 2024.[55]
- 80% of construction executives surveyed by Wipfli reported experiencing one or more data breaches during the previous year.[72]
Data Privacy in the construction and real estate sector (sector benchmark)
- 37% of property managers reported greater concern about data security than in the previous year in the 2025 AppFolio benchmark survey.[73]
- 90% of organizations worldwide said their privacy programs expanded because of AI in Cisco’s 2026 benchmark study.[74]
- 79% of property-management professionals reported experiencing payment-fraud issues in the 2025 AppFolio benchmark survey.[73]
- 88% of property-management professionals reported facing data-security challenges in the 2025 AppFolio benchmark survey.[73]
- 65% of organizations worldwide reported difficulty efficiently accessing relevant, high-quality data in Cisco’s 2026 benchmark study.[74]
Crisis Management in the construction and real estate sector (sector benchmark)
- 83% of organizations globally reported having a crisis-management process and plan in place in the 2024 resiliency survey.[75]
- 66% of construction-sector employees reported that their businesses had no business-continuity or crisis-management plan in the cited survey.[76]
- 38% of U.S. real estate respondents said a full-functioning emergency operations center was in place in the 2024 resiliency survey.[75]
- 12.9% of construction-sector respondents reported having a business-continuity policy and a process for regularly updating plans in the cited survey.[76]
15 Statistics
Globalization & Expansion
International footprints are large and multi-model. JLL’s operator landscape estimates 586 WeWork locations globally in 2026, while IWG reached 4,260 locations across 121 countries in 2026.
Globalization in the coworking industry
- 23,548 coworking spaces operated worldwide in 2021, according to a global coworking trend estimate.[77]
- 18,500 coworking spaces in 172 countries were listed in the Coworker network in 2021.[78]
- 586 locations were operated by WeWork globally in 2026, according to JLL’s operator landscape.[25]
- Approximately 170 The Executive Centre locations operated across the Asia-Pacific region in 2026.[25]
- 4,260 locations made IWG the world’s largest flexible-workspace operator across 121 countries in 2026.[25]
Cultural adaptation in the coworking industry
- 210 coworking spaces operated in rural areas of Switzerland in 2021.[77]
- 320 coworking spaces operated in rural areas of Italy in 2021, showing adaptation beyond major urban markets.[77]
- 9% of coworking spaces reported partnerships with accelerator programs, providing a locally oriented member-support model.[31]
- 26 coworking spaces operated in rural areas of Slovenia in 2021, compared with 30 total spaces recorded in the country.[77]
- 100 coworking spaces operated in rural areas of Norway in 2021.[77]
Supplier management in the coworking industry
- Each new market added roughly 1.7 additional venue-supplier relationships beyond those explained by market growth alone in Croissant’s coworking dataset.[79]
- 19 of Common Desk’s 23 locations operated under landlord management agreements in 2022, minimizing capital expenditure through supplier relationships.[16]
- 5% of global coworking locations operated through management contracts with building owners in 2018.[80]
- 11% of global coworking locations operated as joint ventures between coworking providers and landlords in 2018.[80]
Stakeholder management in the coworking industry
- Vast Coworking Group had more than 40,000 members after acquiring Intelligent Office in 2024.[26]
- 4,000 customers were served by Common Desk across 23 locations in 13 U.S. cities before its 2022 acquisition by WeWork.[16]
- The General Services Administration surveyed users checking into federal coworking locations to refine the U.S. coworking pilot in 2024.[81]
- The SleevesUp! and Work Inn merger created a coworking network of 44 locations in 29 German cities in 2024.[82]
- More than 3,000 members were served by the combined SleevesUp! and Work Inn network after their 2024 merger in Germany.[82]
Distribution channels in the coworking industry
- Workbox and Serendipity Labs created shared member access to 32 locations across 23 U.S. markets in 2026.[32]
- More than 1,000 third-party partner locations were bookable through WeWork across over 500 North American markets in September 2025.[16]
- WeWork’s Coworking Partner Network connected approximately 2,000 third-party coworking locations to its app by February 2026.[16]
- Over 600 independent coworking operators supplied WeWork’s North American partner network in September 2025.[16]
- The WeWork partner network launched with 75 locations across 50 U.S. and Canadian markets in October 2024.[16]
Key questions about the Coworking Industry
What is the global coworking spaces market size in 2026?
How fast is the coworking spaces market expected to grow after 2026?
Which companies lead the coworking industry?
What automation and integration signals appear in coworking technology adoption?
Is the coworking market fragmented or concentrated?
What does the industry report on occupancy and pricing for shared vs. private offices?
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
Leah Kessler. (2026, February 13). Coworking Industry Statistics. Gitnux. https://gitnux.org/coworking-industry-statistics
Leah Kessler. "Coworking Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/coworking-industry-statistics.
Leah Kessler. 2026. "Coworking Industry Statistics." Gitnux. https://gitnux.org/coworking-industry-statistics.
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Social media in the coworking industry