Gone are the days of being forced to choose between working from the comfort of your own home or from your corporate office? Co working gives you the perfect mix of both the comfort of working from anywhere and working in aformal environment. Co working is an innovative way of working that is shaping the way people work and its popularity is increasing each passing day. According to Go Globe, the number of coworkers will grow to a whopping 3.8 million by 2020 and 5.1 million by 2022. Currently, there are estimated 14,411 coworking spaces in the world and 76% of workers plan to remain coworkers.

The State of Coworking spaces - Statistics and Trends

Why is coworking space becoming so popular?

Coworking brings with it endless possibilities in the modern work environment. From happiness to increase productively and plenty of benefits in-between. Whether you choose a dedicated desk or a private office, coworking is capable of creating an environment that cultivates synergy and community chemistry that nurtures healthy business growth, increased wellbeing and worthy impact.

According to CoworkingMag, coworking environment creates a mindset and an energy that can only come from interacting with fellow workers. According to a study conducted by Office Vibe, 64% of entrepreneurs who use coworking space report being more productive and focused while 90% reported being more confident.

Other benefits of coworking include:

Coworking can make you feel healthier

According to Office Vibe, 70% of coworkers report feeling healthier at work. The traditional office setting is notorious for causing all forms stresses. Coworking spaces have been known to bring more innovative intiatives that promote health and wellness of workers.

Coworkers complete tasks better

Studies have shown that coworkers complete tasks better compared to those who work in traditional work environments. People are more productive when they are coworking than when they are working from home or working from formal traditional office settings. 68% of coworkers report focusing better than their counterparts.

Coworkers interact better with each other

According to Business.com, coworkers have better social network lives than those who work from home. In coworking spaces, you are likely to interact with more people than you would if you worked in a traditional office setting or if you worked from home. This leads to better social life interactions. That means coworking can help one to feel more relaxed about work.

Corporate big boys such as Zappos, Google and a number of companies are increasingly finding it attractive to send their workers to work in collaborative spaces. A good example is the London Google Campus. The popularity of coworking spaces is increasing with each passing day as more companies embrace this revolutionary way of working.