Professional Documents
Culture Documents
2O21-22
COWORKING
SPACE TRENDS
FINAL RESULTS OF THE COWORKING TRENDS SURVEY, 4TH QUARTER OF 2021
(NOVEMBER 23 - DECEMBER 22, 2021)
A GLOBAL COWORKING SURVEY PRESENTATION
K M A G A G
D E S S K M S K M
G D E D E
A BIG TH🙏NKS to our supporters! M A A G A G
E S K S K M K M
D D E D E S
AG A G G
S K M K M M A
D E D E S E S K
A G G G D
K M M A M A
D E S E S K S K
G D D E
M A A G A G
E S K S K M K M
D D E D E S
AG A G G
S K M K M M A
D E D E S E S K
A G A G G D
S K M K M M A
D E D E S E S K
A G D A G G
KM A G S K M MA
E S S K M D E E S K
D E A G D
K M A G A G
D E S S KM S K M
G D E D E
M A A G A G
E S K S K M K M
D D E D E S
A G A G G
S K M K M M A
D E D E S E S K
A G G G D
K M M A M A
D E S E S K S K
G D D E
M A A G A G
E S K S K M K M
D D E D E S
A G A G G
S K M K M M A
D E D E S E S K
G
The supporters promoted the survey
Aa supporter
A G
in their D
newsletters.
G
K M
Would you like to become
S K M in futureAsurveys?
M
Drop a line to survey @ deskmag.com and let's arrange a call.
D E E S S K
Current business situation of MAG
Over the past 3 months it got ... E S K
coworking spaces* is ... D G
MA
E S K
n.a. 4%
G D
MAbetter
9% 20%
E S K 71%
bad G D
MA
S K
17% good DE
0 25 50 75 100
AG
39% SK M
DE
AG
S K M
satisfactory D E
AG Over the next 3 months
40% ESKM it's expected to get ...
D
AG
S K M
D E
AG
KM better
D ES Global 11% 25% 64%
AG
KM November - December 2021** 0 25 50 75 100
n.a.
excluding seasonal variations worse
unchanged 2O21-22
better
*Respondents could describe their main business approach by themselves. The absolute majority decided for "coworking spaces", followed by a much smaller share of "hybrid
or mixed workspaces." **Results of the Coworking Trends Survey from November 23 - December 22, 2021. SPACE TRENDS
Current business situation of MAG
Over the past 3 months it got ... E S K
coworking spaces* is ... D G
MA
E S K
D
n.a. 4%
November 2020*** 17%
AG
S K M better
bad 49% 12% 14%
DE 64%
AG
33%
S K M
21% good DE
0 25 50 75 100
AG
40% SK M
DE
AG
S K M Over the next 3 months
satisfactory AG D E
M it's expected to get ...
35% DES K
AG
S K M
D E
AG better
KM
ES Europe 46%
19% 35%
G D
A
KM November - December 2021**
0 25 50 75 100
n.a.
excluding seasonal variations worse
unchanged 2O21-22
better
*Respondents could describe their main business approach by themselves. The absolute majority decided for "coworking spaces", followed by a much smaller share of "hybrid or
mixed workspaces." **Results of the Coworking Trends Survey from Nov 23 - Dec 22, 2021.***Based on the Coworking Survey Europe, November 12-24, 2020. SPACE TRENDS
Current business situation of MAG
Over the past 3 months it got ... E S K
coworking spaces* is ... D G
MA
E S K
n.a. 6%
G D
2%
MA
14% E S K better 84%
bad G D
MA
S K
13% good DE
0 25 50 75 100
AG
44% SK M
DE
AG
satisfactory S K M Over the next 3 months
D E
AG it's expected to get ...
38% KM
D ES
AG
S K M
D E
AG better
KM 2%
83%
ES
15%
G D North America
A
KM November - December 2021**
0 25 50 75 100
n.a.
excluding seasonal variations worse
unchanged 2O21-22
better
*Respondents could describe their main business approach by themselves. The absolute majority decided for "coworking spaces" , followed by a much smaller share of "hybrid
or mixed workspaces." **Results of the Coworking Trends Survey from November 23 - December 22, 2021. SPACE TRENDS
Major limiting factors to
businesses of coworking spaces AG
S K M
DE
80
AG
72% Global
S K M
D E
Europe
63% AG
S K M North America
DE
G
60
54%
MA
52%
S K
DE
44% AG
SK M
38% DE
G
40
MA
ES K 32%
G D 27% 30%
26% 26%
MA 24% 25% 26%
ES K 24%
D
AG
20
S K M
D E
AG
KM
D ES
AG
KM Fear of Attracting Lack of planning Not able to Uncertain business
new members or certainty provide enough prospects
Coronavirus customers workspace
2O21-22
Results of the Coworking Trends Survey from November 23 - December 22, 2021.
SPACE TRENDS
businesses of coworking spaces
Global
Europe
North America
30
21% 21%
16% 17%
15
6%
2% 1% 2%
2O21-22
Results of the Coworking Trends Survey from November 23 - December 22, 2021.
SPACE TRENDS
fi
fi
fi
Other additional limiting factors to coworking spaces
cited by respondents AG
S K M
D E
• Lack of funding opportunities A G
• Not having the coworking space in a building with a glass facade KM
• Product mix (too much open space, not enough privateESoffices)
• Furlough has changed habits and *our nei hbourhood* is hard hit • Achieving target rate D
G/ corporations
• Government is clueless on pandemic. Biden poor ... • Insufficient planning / hesitancy on larger M A
• Ability to expand/add new amenities • Events as revenue stream uncertainDdue K teams
ES to pandemic
• Lack of office space available as higher demand than before • The lockdown finished too closeA G to Christmas
• Shaping a new theme of coworking spaces where we mix S K
• Lack of marketing knowledge M
professionals with students • Low pricing D E
• Getting meeting room bookings, finding suitable space to open AG to own office
• Order toMreturn
new locations
E S
• HeatingK tariff increase by 4 times
• Lack of clients • D
G• It appears my community is unaware of how my space can serve them. I feel
Location
• Covid restrictions still in effect in Ontario MA
E S K
• Pricing
G D like I must increase their awareness before I ...*ch r cters were limited*
• Finding new networks to share news
M A • Economic crisis
• We don't have enough private office/phone S K • Critical financial situation of coworkers
DEphone meetings.
booth space. So many
people need private space for Zoom and • Current market rates for rental affecting my ability to expand
• Covid fears A G •
S K M Location
• Corona
D E • Infrastructure limitations
• Decreased demand G in event space & meeting rooms
Aaccepted as home office by employee
• Lack of private office space for 1-2 people
• Coworking
S M
K said private offices
not • Corona
D E
• I would have • Our private offices and meeting spaces are doing well. Our coworking
A•GLast minute cancelations memberships are pretty flat- probably due to COVID.
KM • Marketing • Covid19
• Regulation surrounding coronavirus • Government support and incentives
• Competitors lowering prices • Building a rural new market
• Lack of marketing plan • Corona pandemic
2O21-22
Results of the Coworking Trends Survey from November 23 - December 22, 2021.
SPACE TRENDS
g
a
a
AG
S K M
DE
AG
S K M
D E
AG
S K M
DE
AG
S K M
DE
AG
M
ST P
E SK
G D
MA
ES K
G D
MA
ES K
D
AG
S K M
D E
AG
KM
D ES
AG
KM
* The results are based on the question: "Are there currently any regulations against the Coronavirus in your (region/country)?". "Region" was a response option for 2O21-22
coworking spaces that operate in only one region. National and international chains of coworking spaces had been asked for legal measures in the "country" they had been
responding from. Most workspace businesses responded from the regional perspective, see last pages. Measures can vary a lot within a country and among regions.
SPACE TRENDS
Covid restrictions 60%
Physical distancing
affecting
coworking spaces
where regulations against the
Coronavirus took place.
Health status check at entrance 48%
(e.g. vaccination/recovery/test certificate)
ST P
0% 1.500 % 3.000 % 4.500 % 6.000 %
2O21-22
*Results of the Coworking Trends Survey from November 23 - December 22, 2021 and from participants that said 'yes' to question: "Are there currently any regulations against
the Coronavirus in your region/country?" The results are based on the question: "What of the following Coronavirus measures are currently affecting your *self-selected
workspace term* location(s in general)?". Most participants responded on behalf of one coworking space location. Results are rounded and only considered if at least one of
the options above was selected. Multiple responses were allowed except for 'None of the listed measures above". Measures can vary a lot within a country and among regions. SPACE TRENDS
Covid restrictions 65%
Physical distancing AG
affecting 53% S K M
DE
coworking spaces AG
49% S K M
where regulations against the Health status check at entrance D E
Coronavirus took place.
A G
M
(e.g. vaccination/recovery/test certificate) 46%
E S K
G D
Prohibition of MA 54%
D E SK
larger events A G
31%
M
ST P
E SK
D
0% 1.500 % 3.000 % 4.500 % 6.000 %
D E S KM
Location(s) completely closed 0% 2% Europe
AG North America
KM 4%
None of the listed measures above 15%
0% 1.500 % 3.000 % 4.500 %
November - December 2021*
6.000 %
2O21-22
*Results of the Coworking Trends Survey from November 23 - December 22, 2021 and from participants that said 'yes' to question: "Are there currently any regulations against
the Coronavirus in your region/country?" The results are based on the question: "What of the following Coronavirus measures are currently affecting your *self-selected
workspace term* location(s in general)?". Most participants responded on behalf of one coworking space location. Results are rounded and only considered if at least one of
the options above was selected. Multiple responses were allowed except for 'None of the listed measures above". Measures can vary a lot within a country and among regions. SPACE TRENDS
Profitability of coworking spaces* in the past twelve months
AG
S K M
DE
AG
S K M
1 location 42% D E 26%
32%
AG
Profitable 2 - 4 locations 34% S K
23% M 42%
Global DE
AG
≥ 5 locations
S K M
44% 26% 30%
DE
0 25 50 75 100
G
Profitable
MA
E S K
G D
MA 44%
E S K
D Unprofitable Unprofitable
AG 2019**
KM 15%
41%
2O21-22
* Respondents could choose how they describe themselves. The absolute majority decided for "coworking spaces", followed by a much smaller share of hybrid or mixed workspaces. The
results are based on the question: "How profitable was your *chosen workspace term* in the past twelve months?" - representing all locations of a workspace company!
SPACE TRENDS
Top 3 workspace types by current* demand in following areas
AG
S K M
Meeting spaces D
60%E
AG
M
ES K
Team of ces G D
53%
MA
DE SK
Urban Individual of ces AG 51%
S K M
DE
0% 1.500 % 3.000 % 4.500 % 6.000 %
AG
Individual of ces SK M 52%
DE
A G
Meeting spacesESKM 49%
G D
Suburban MA
Hot D
desks
ES K 23%
AG
M
0% 1.500 % 3.000 % 4.500 % 6.000 %
S K
G DE Meeting spaces 58%
MA
ES K
G D
A Individual of ces 48%
KM
Rural Event spaces 33% THERE IS A HIGH OR VERY HIGH DEMAND (COMBINED).
2O21-22
0% 1.500 % 3.000 % 4.500 % 6.000 %
The results are based on the question: "How do you rate the current demand for following offerings in your region? - Please exclude normal seasonal variations & rate in stars:
1 ✭ = no demand <...> 5 ✭✭✭✭✭ = very high demand." Results are rounded and only considered if at least one of the options was selected.
SPACE TRENDS
fi
fi
fi
fi
Rating of current* demand for workspace types
G
Excluding normal seasonal variations
Global MA
E S K
G D
MA
Flexible desks 9% 25% 34% 21% ES K 11% 0%
G D
MA
E S K
Fixed desks 16% 28% 30%AG D 18% 7% 1%
S K M
DE
AG
Individual offices 5% 18% 25%
SK M 26% 25% 2%
DE
AG
S K M
Team offices 9% D
23% E 25% 26% 16% 2%
AG
KM
D ES
Meeting spacesM3% AG 16% 24% 39% 18% 1%
E S K
G D
MA
E S K
Event spaces 20% 28% 21% 16% 11% 3%
G D
A
KM
0 25 50 75 100
No demand Low demand Moderate demand High demand Very high demand n.a.
2O21-22
The results are based on the question: "How do you rate the current demand for following offerings in your region? - Please exclude normal seasonal variations & rate in stars:
1 ✭ = no demand <...> 5 ✭✭✭✭✭ = very high demand." Results are rounded and only considered if at least one of the options was selected.
SPACE TRENDS
Rating of current* demand for workspace types
Excluding normal seasonal variations
of following criteria.
40
The results do not show
(by) how much
increasing 67% they have changed.
20
47% 46%
21% 21% 19% 11%
PAST
0 Members or users Earnings Profitability Employees Desks Prices Locations
Number of
Number of Number of Average Number of
Members or Earnings Profitability Employees Desks Prices Locations
users
0
decreasing -12,5
6% 7% 2%
14% 10%
-25
16% 17%
-37,5
"don't know"
1% 5% 3% 1% 1% 1% 0%
or n.a.
2O21-22
Remaining percentages indicate "no change". The results are based on the question: "How has the business of your *self-selected term* developed over the past three months in
terms of the following criteria? *Results of the Coworking Trends Survey from November 23 - December 22, 2021. *Results are rounded and only considered if at least one of the
options above was selected. **Workspace providers could describe their main business approach by themselves. The absolute majority decided for "coworking spaces", followed
by a much smaller share of "hybrid or mixed workspaces. SPACE TRENDS
Expected workspace trends in the next three months*
A G
M
% of coworking spaces** expect for their workspace business an/a ...
This chartS
E K
manyD
shows how
AG are expecting an
coworking spaces
M
80
E S K increasing, decreasing or
G D no development in terms
MA of following criteria.
60
E S K
D
The results do not show
G
(by) how much they are
75% MA expected to change.
40
increasing
62% 61% S K
DE
AG
M
20
28%
K 30% 30%
DE S 23%
AG
FUTURE M
0 Members or users Earnings Profitability Employees Desks Prices Locations
ES K
D
Number of
EarningsAG Profitability
Number of Number of Average Number of
Members or
KM Employees Desks Prices Locations
users
D ES
AG
K M
0
D
decreasingE S 3% 4% 2%
G 9%
-10
MA 8% 4%
E S K -20
10%
G D
A
KM
-30
"don't know"
1% 3% 4% 1% 0% 2% 1%
or n.a.
2O21-22
Remaining percentages indicate "no change". The results are based on the question: "And what do you expect for the business of your *self-selected term* over the next three
months in terms of these criteria?" *Results of the Coworking Trends Survey from November 23 - December 22, 2021. *Results are rounded and only considered if at least one of
the options above was selected. **Workspace providers could describe their main business approach by themselves. The absolute majority decided for "coworking spaces",
followed by a much smaller share of "hybrid or mixed workspaces. SPACE TRENDS
DESKMAG
Occupation & availability rates of flexible workspaces
AG
S K M
D E
G
Ais combined with a
The occupation rate in this
M
SK question on available
chart
D E
AG workspace capacities and a
KM
ES
For example, some offer hot
D desks that can be flexibly
AG
KM This chart attempts to
D ES ailable av
harmonize different
G
approaches in one chart.
A
KM
occupation rate by age of workspace business
< 1 year 35%
e d 1 - 2 years 49%
(b) lo ck 3 - 5 years 59%
occupied 2O21-22
> 5 years 63%
0% 1.500 % 3.000 % 4.500 % 6.000 %
COWORKING
The results are based on the question: "(On average...) Based on the maximum workspace capacity of our physical location(s), following percentages are currently ... "
SPACE TRENDS
by job status by gender
Employed operators or
space managers
14% 21% 61% 5% Male 12% 18% 67% 2%
2O21-22
0 25 50 75 100 0 25 50 75 100
The results are based on the question: "How satisfied are you currently with your own job situation? - 1 ✭ = very dissatisfied <...> 5 ✭✭✭✭✭ = very satisfied "
SPACE TRENDS
Background of the responding 'flexible workspace' businesses
AG
Main business approach: S K M
DE
AG
K M
64% 13% 8% DES9% 2% 5%
AG
S K M
Coworking space Hybrid or mixed workspace D E
G
0 25 50 75 100
M A
Community or collaborative workspace Business center
E S K
D spaces, such as coworking spaces that also operate an
Shared of ce G
Other: are mainly
A
mixed
K M
incubator,
S
a hotel, a coliving space, an event location or offer child care etc.
D E
AG
#1 revenue source: S K M
D E
62% A G 26% 8% 3% 3%
S KM
D E
#2 revenue source: AG
0 25 50 75 100
S K M
D E
14% AG 44% 21% 11% 4%
S KM
D E
0 25 50 75 100
#3
G revenue source:
MA
K
4% 13% 38% 23% 9%
0 25 50 75 100
Renting private of ces Renting desks or selling memberships for open workspaces 2O21-22
Renting meeting spaces Events or renting event spaces
Other SPACE TRENDS
fi
fi
Background of the responding 'flexible workspace' businesses
AG
Main business model: S K M
DE
AG
S K M
84% E
D 13% 2% 2%
AG
S K M
0
For-pro t Non-pro t
25
Governmental
50
Other or n.a.G D E
75 100
M A
E S K
D
AG
Number of locations:
S K M
D E
66% AG 24% 5%
S K M 4% 1% 0%
D E
A G
0 25 50 75 100
AG
K M
0 25 50 75 100
E S K
D
M = 500m2/5500ft2 to < 1000m2/11000ft2 L = 1000m2/11000ft2 to < 2000m2/22000ft2
AGto < 10000m2/110000ft2
XL = 2000m2/22000ft2
S K M XXL = ≥ 10000m2/110000ft2
D E
AG
K M
AgeDofESa 'flexible workspace' business
AG
KM 10% 16% 33% 26% 13% 2%
0 25 50 75 100
< 1 year 1 - 2 years old 3 - 5 years old 6 - 10 years old > 10 years n.a.
2O21-22
Respondents that have not launched a workspace yet (< 1%) are excluded.
SPACE TRENDS
Background of the responding 'flexible workspace' businesses
AG
S K M
Settlement in which (most of) the flexible workspaces are located DE
AG
S K M
37% 36% 16% DE 11% 1%
AG
0 25 50
S K
75
M 100
G D
A
KM Africa, Asia and South America are underrepresented. Due to the small number of respondents, it was not possible to publish specific results for
these continents. The overall low number of respondents led to the same conclusion for Oceania.
The Coworking Trends Survey could be taken anonymously and has excluded any respondent that did not represent a flexible workspace provider.
2O21-22
SPACE TRENDS
Background of the Coworking Trends Survey
AG
The Coworking Trends Survey was active online from November 23rd to December 22nd, 2021. The results are
S K M
D E
checked using quality standards to remove bots or fake participants. Those 'people' are not considered in the analysis
AG
or in the counting of participants. The survey was taken by 425 participants. KM E S
G D
M A
E S K
365 represented a flexible workspace business 51 9
G D
MA
0 106 213 319 425
ADD COWORKINGLIBRARY.COM
TO YOUR FAQ PAGE.
A COLLABORATIVE PROJECT BY
DESKMAG
Citation notes
It is permitted to use or quote individual charts, slides or the information therein in articles, live and online presentations as well as in "social networks" and non-commercial
publications as long as the users
1. Cite the source visibly (in visual presentations), audibly (in audio presentations) or both, visibly and audibly (in video presentations).
Visibly = as visible as the cited content, at least in the main font size of a user's presentation or publication, and directly when or where the content is cited.
Ex mple in non-scientific public tions: Deskmag or Deskmag's Coworking Survey or Deskmag's 2021-22 Coworking Trends Survey
Full note ex mple in scientific public tions: Carsten Foertsch: “2021-22 Coworking Space Trends,” Deskmag.com, January 22, 2022, https://www.deskmag.com/en/
coworking-spaces/2022-results-of-the-coworking-space-business-trends-survey
Short note ex mple in scientific public tions: Foertsch (2022), Deskmag's Coworking Trends Survey, 3-4.
Audibly = as audible and clear as the cited content, at least in the same volume as the main part of a user's audio or video presentation, and directly when the content is
cited.
People and companies who do not cite original sources appropriately, do great harm to those sources.
It is not permitted to use any chart, slide or information in a way that gives the impression that they were taken from or other sources.
It is not permitted to quote more than what usually is considered to be a citation. In short: do not cite major parts of the slide deck, some slides are allowed.
It is not permitted to resell any part of the slide deck's content.
It is also not allowed to copy questions from the survey's questionnaire into other questionnaires without asking for permission.
Please read the full terms or get in touch with us if you like to use or share content of this slide deck and need more information.
DESKMAG
DESKMAG
2O21-22
COWORKING
SPACE TRENDS
FINAL RESULTS OF THE COWORKING TRENDS SURVEY, 4TH QUARTER OF 2021
(NOVEMBER 23 - DECEMBER 22, 2021)
A GLOBAL COWORKING SURVEY PRESENTATION