Upcoming Trends in Coworking spaces

The number of coworking spaces has considerably increased during 2017 and is expected to rise, but what distinguishes is obviously the value that you get from one space over the other.

While a lot of real estate companies, just change the label of a previously furnished leased office space whose tenant may have just vacated the premises, and push the same furniture with fewer tweaks as low cost co-working space, one should really gauge whether an old office setting would foster the same level of creativity & peer networking that is worth paying for.

What kind of professionals occupy these work spaces? What kind of synergies take place? In the text that follows let us look at some of the prevailing tendencies which applies to coworking spaces in 2018.

The Top 3 trends for coworking spaces

All Size, instead of SMEs: Professionals from the IT, design, consulting sectors, etc. remain the most frequent users of coworking spaces. Apart from SMEs & freelancers which were a prevalent occupiers of cowering space b’cos of the cost effectiveness & no hassles, there may be new types of companies interested in occupying these spaces, that is, the large cap companies, but for somewhat different rational – Creativity, Open-ness & Sense of Community triumphs it all. Eager for innovation, large MNCs more often spuns out a division to tap into the insights in the market, away from the traditional company culture into a more open environment.

Adaptability: There may be small or large changes taking place in these types of spaces, but what is important to remember is that, in the end, it is those coworking spaces that prove themselves capable of adapting to the ever changing needs of new work environments which will survive. Just a desk and mere mundane walls won’t be enough.

New services: In addition to developing work spaces, there will an effort to attract other types of service such as auditing, consulting, and business competency services.

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