Survey: patterns of coworking space closure
The coworking movement is showing no signs of slowing. It is widely known that the number of coworking spaces is almost doubling each year. But along with hundreds of new coworking spaces that have opened their doors, there have been a number of casualties of business along the way. The percentage of failed coworking spaces, and in particular the reasons behind their closure, is invaluable information for both current and future members of the coworking community.
1800 Coworking Spaces worldwide
Seven years ago, the first coworking space, at a fragile one-day old, was officially referred to for the first time as a ‘coworking space’. 2,557 days later, the global count of coworking spaces stands at 1,779. This number almost doubled since last year, with much of the growth attributed to Spain, Australia and Japan. Europe has also officially taken over the US as having the most coworking spaces.
Photo competition: People who need a better place to work
We know you’re out there. The number of independent workers around the world is exploding. Small businesses contribute an ever increasing amount to the economy and society, and the spaces that support them are an important part of the global entrepreneurial and creative ecosystem. Coworking spaces are creating opportunities for startups, entrepreneurs and freelancers everywhere. It’s time to celebrate that.
