According to new data from Coworker.com, the world’s largest database for flexible office space listings has officially expanded into 3,036 total cities across all continents in 2021.
Compared to the end of 2020 when 2,416 cities were represented in the database, this demonstrates positive expansion within the industry.
Interestingly, in March of 2020 when near-global closures and lockdowns occurred at the onset of the pandemic, Coworker had listings in 2,243 different cities. Between March and December 2020, one of the slowest (or even dormant) periods for coworking, the percent increase of new cities on the platform was a mere 7.7%.
Between December 2020 and December 2021, however, the percent increase rose by 25.6%, showing a much healthier growth and signaling recovery in the industry from the toughest months of the pandemic.
As anyone involved in the coworking community knows, the past two years demonstrated unprecedented closures, restrictions, and other negative impacts on flexible working as a result of COVID-19. By consequence, many operators had to navigate lockdowns and governmental mandates, which drastically reduced the number of people working from coworking spaces in 2020.
Fortunately, over the course of 2021, people are gradually returning to coworking and a few new trends have emerged that hint at positive outcomes for the future of the industry. For one, demand for space in the suburbs and secondary cities has seen growth.
In particular, there has been a major focus on out-of-town or non-urban locations over the past year, with operators opening up new coworking locations in smaller cities—some of which have never had a single flexible office space in the locale before.
With working-near-home becoming a key trend and companies adopting a “location-agnostic” approach, many companies are continuing to turn to a hybrid style of work as the well-being of employees during COVID-19 remains a top priority.