Coworking is becoming one of the fastest growing industries thanks to the consequences of the pandemic and the rise of hybrid work, and beyond 2023, the industry is only expected to grow. As of June 2022, over 28,000 coworking spaces exist around the world. In the US, there are over 6,200 alone.
Whether it’s technology, design, or even reimagining how we view coworking spaces, there are many trends appearing on the horizon. In this article, we’ll share 10 trends that we expect to see in the world of coworking in 2023 and beyond.
www.coworker.com
Key Highlights:
- We are now dealing with a liberated work environment and collaborative workspaces are a subset of this new work environment. With this trend, a conventionally popular trend of building the office first and then hiring has been reversed. Despite these changes, office is a flag that stands for stability, retaining and hiring talent.
- Working from home had its impact on employees in terms of stress and diminishing the overall well-being of the employees. In today’s world, hybrid work model, remote working, work from home will co-exist.
- The other change which will take front seat in reimagining workspaces is the safety of employees. Offices will be designed in line with the new reality where space utilization will get monitored, behaviour adjustments will be taken into consideration and the offices will provide an environment that yields higher productivity.
While Work from home has its positives, offices are about collaboration, engagement, culture building and talent development which is only possible with physical offices. Covid-19 has accelerated a few trends like digitalization where the new age workforce have different attitudes and preferences compared to the millennials.
There is no doubt that the pandemic has highlighted the need for innovation in CRE and accelerated the growth of trends that will carry over in the coming years. With customer preferences changing rapidly along with increasing influence of advanced technology, it is imperative for commercial real estate to take note of these emerging trends and undergo a swift transformation putting the end user’s needs at the forefront.