SIZE & CAPACITY COWORKING REPORT · 2020. 5. 14. · Coworking Insights is the home for no-fluff...

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Transcript of SIZE & CAPACITY COWORKING REPORT · 2020. 5. 14. · Coworking Insights is the home for no-fluff...

2019

BROUGHT TO YOU BY

COWORKINGSIZE & CAPACITY

REPORT

CO

NTE

NTS

TA

BLE

OF

4 C A P A C I T Y D A T A

2 F O R E W O R D

16 1 0 0 H I G H E S T C A P A C I T Y C O U N T R I E S

20 2 0 0 H I G H E S T C A P A C I T Y C I T I E S

26 A V E R A G E C O W O R K I N G S I Z E ( S Q . F T . )

36 1 0 0 L A R G E S T S I Z E C O U N T R I E S

40 1 5 0 L A R G E S T S I Z E C I T I E S

S P A C E D E N S I T Y I N D E X

48 F I N A L T H O U G H T S

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SPACECAPACITIES &SQ. FT.REPORTAs the number of coworking spaces around theworld continues to grow, we want to shareseveral of their commonalities with you, includinghow big the spaces are compared to worldaverages, trends in entrepreneurial endeavors,how spacious the spaces are in relation to theirgoal of helping businesses thrive, and more. In this report, we would like to showcase andanalyze data, such as size, capacity, and density ofclose to 6,500 coworking spaces around theworld, which have shared their data withCoworker. Over the last year, we've noticed a trend in thegrowing sizes of coworking spaces, making thisdata all the more important to understandingcontinental space distribution, countries andcities leading the race for larger coworkingspaces, and investment opportunities in theindustry relative to specific countries around theworld. We hope you enjoy it!

The Coworking Insights Team

Coworking Insights is the home for no-fluff

insights, advice, and trends in the coworking

industry.

We are committed to bringing you tips, opinions

about the industry, the latest data-based trends,

interviews with space managers or influencers, and

recommended events that you MUST attend.

We aim to bring you — coworking space managers

— closer together by offering this open platform to

learn and share your insights and experiences.

P A G E   3

ABOUTCOWORKING

INSIGHTS

© 2019 | CoworkingInsights, Inc

2019 CAPACITY & SIZEGLOBAL AVERAGES

PEOPLE SQ. FT.

83 7308

CAPACITY DATA

P A G E 6

GLOBAL AVERAGE COWORKING SPACE CAPACITY

NOTE: In the survey we did to collect this data, participated 6405 coworkingspaces from all around the wold, that trusted to share their space capacity

2278 spaces

349

spac

es

3100 spaces

2586 spaces

381

spac

es

87 spaces

672 spaces

© 2019 | CoworkingInsights, Inc

P A G E 7

Ocean

ia

North A

merica

Europe

South

America

Centra

l Ameri

ca AsiaAfric

a

125

100

75

50

25

0

© 2019 | CoworkingInsights, Inc

CONTINENTAL AVERAGE COWORKING SPACE CAPACITY

AVERAGECOUNTRYCAPACITY

P A G E 9

OCEANIACOUNTRIES

Australia New Zealand

100

75

50

25

0

© 2019 | CoworkingInsights, Inc

P A G E 1 0

ASIANCOUNTRIES

© 2019 | CoworkingInsights, Inc

China

Leba

non

United

Arab

Emira

tes

Myanm

ar

Sri Lan

kaInd

ia

South

Korea

Vietna

m

Singap

ore

Indon

esia

Iran

Armen

ia

Thaila

nd

300

200

100

0

P A G E   1 1

EUROPEAN COUNTRIES

© 2019 | CoworkingInsights, Inc

Ukraine

Sweden

Lithu

ania

Irelan

d

Netherl

ands

Finlan

d

France

Norway

United

King

dom

Czech

Rep

ublic

Russia

150

100

50

0

P A G E   1 2

AFRICANCOUNTRIES

© 2019 | CoworkingInsights, Inc

Egypt

Cote D

'ivoir

e

South

Africa

Nigeria

Kenya

Algeria

Madag

asca

r

Ghana

Morroc

o

125

100

75

50

25

0

P A G E   1 3

NORTHAMERICANCOUNTRIES

© 2019 | CoworkingInsights, Inc

Domini

can R

epub

lic

United

Stat

es

Mexico

Puerto

Rico

Aruba

Haiti

Canad

a

200

150

100

50

0

P A G E   1 4

CENTRALAMERICANCOUNTRIES

© 2019 | CoworkingInsights, Inc

Panam

a

El Salv

ador

Nicarag

ua

Hondu

ras

Costa

Rica

Guatem

ala

100

75

50

25

0

P A G E 1 5

SOUTHAMERICANCOUNTRIES

© 2019 | CoworkingInsights, Inc

Urugua

y

Guyan

aPeru

Argenti

naBraz

il

Colombia

Paragu

ayChil

e

Ecuad

or

Bolivia

80

60

40

20

0

P A G E   1 6

CAPACITY INDEX 100 HIGHEST CAPACITY COUNTRIES

* On Coworker.com Puerto Rico is identified as a country itself, therefore the individual listing

© 2019 | CoworkingInsights, Inc

P A G E   1 7

2019 CAPACITY INDEX - continued

© 2019 | CoworkingInsights, Inc

P A G E   1 8

2019 CAPACITY INDEX- continued

© 2019 | CoworkingInsights, Inc

AVERAGE CITYCAPACITY

P A G E   2 0

CITY CAPACITY INDEX200 HIGHEST CAPACITY CITIES

© 2019 | CoworkingInsights, Inc

P A G E 2 1

CITY CAPACITY INDEX -continued

© 2019 | CoworkingInsights, Inc

P A G E   2 2

CITY CAPACITY INDEX -continued

© 2019 | CoworkingInsights, Inc

P A G E 2 3

CITY CAPACITY INDEX -continued

© 2019 | CoworkingInsights, Inc

P A G E   2 4

CITY CAPACITY INDEX-continued

© 2019 | CoworkingInsights, Inc

AVERAGECOWORKING SQ. FT.

P A G E 2 6

GLOBAL AVERAGE SQ. FT. PER SPACE

2278 spaces

349

spac

es

3100 spaces

2586 spaces

87 spaces

672 spaces

© 2019 | CoworkingInsights, Inc

P A G E   2 7

© 2019 | CoworkingInsights, Inc

GLOBAL AVERAGE SQ. FT. BY CONTINENT

North A

merica Asia

Centra

l Ameri

caAfric

a

Europe

Ocean

ia

South

America

10,000

7,500

5,000

2,500

0

AVERAGE SIZE (SQ. FT.) OF SPACE

BY COUNTRY

P A G E   2 9

OCEANIACOUNTRIES

Australia New Zealand

5,000

4,000

3,000

2,000

1,000

0

© 2019 | CoworkingInsights, Inc

P A G E   3 0

ASIANCOUNTRIES

© 2019 | CoworkingInsights, Inc

China

South

Korea

Iran

Leba

non

Singap

ore

Indon

esia

United

Arab

Emira

tes

Hong K

ong

Sri Lan

kaInd

ia

30,000

20,000

10,000

0

P A G E   3 1

EUROPEAN COUNTRIES

© 2019 | CoworkingInsights, Inc

Russia

Sweden

Finlan

d

Irelan

d

Denmark

Netherl

ands

Hunga

ry

Croatia

Roman

ia

Portug

al

25,000

20,000

15,000

10,000

5,000

0

P A G E   3 2

AFRICANCOUNTRIES

© 2019 | CoworkingInsights, Inc

South

Africa

Kenya

Morocc

o

Burkina

Faso

Nigeria

Tunisi

a

Algeria

Madag

asca

rEgy

pt

Camero

on

10,000

7,500

5,000

2,500

0

P A G E   3 3

NORTHAMERICANCOUNTRIES

© 2019 | CoworkingInsights, Inc

United

Stat

es

Mexico

Puerto

Rico

Canad

a

12,500

10,000

7,500

5,000

2,500

0

P A G E   3 4

CENTRALAMERICANCOUNTRIES

© 2019 | CoworkingInsights, Inc

Panama Nicaragua Costa Rica Guatemala

12,500

10,000

7,500

5,000

2,500

0

P A G E   3 5

SOUTHAMERICANCOUNTRIES

© 2019 | CoworkingInsights, Inc

Argenti

na

Colombia

Brazil

Ecuad

or

Paragu

ay

Bolivia

Chile

Peru

7,500

5,000

2,500

0

P A G E   3 6

SPACE SIZE INDEX (SQ. FT.)100 LARGEST SIZE COUNTRIES

* On Coworker.com Puerto Rico is identified as a country itself, therefore the individual listing

© 2019 | CoworkingInsights, Inc

P A G E   3 7

SPACE SIZE INDEX (SQ. FT.)continued

© 2019 | CoworkingInsights, Inc

P A G E   3 8

SPACE SIZE INDEX (SQ. FT.)continued

© 2019 | CoworkingInsights, Inc

AVERAGE SIZE (SQ. FT.) OF SPACES

BY CITY

P A G E   4 0

SPACE SIZE INDEX (SQ. FT.)150 LARGEST SIZE CITIES

© 2019 | CoworkingInsights, Inc

* Cities were not chosen based on their popularity, but based on their size from the biggest to smallest.

P A G E   4 1

SPACE SIZE INDEX (SQ. FT.)continued

© 2019 | CoworkingInsights, Inc

P A G E 4 2

SPACE SIZE INDEX (SQ. FT.)continued

© 2019 | CoworkingInsights, Inc

P A G E   4 3

SPACE SIZE INDEX (SQ. FT.)continued

© 2019 | CoworkingInsights, Inc

SPACE DENSITY INDEXAVERAGE SQ. FT. PERPERSON (PER SPACE)

P A G E   4 5

SPACE DENSITY INDEX

© 2019 | CoworkingInsights, Inc

TOP 15O HIGHEST DENSITY CITIES

* Cities were not chosen based on their popularity, but based on their density from the highest to lowest.

(SQ. FT. PER PERSON)

P A G E   4 6

SPACE DENSITY INDEXcontinued

© 2019 | CoworkingInsights, Inc

P A G E   4 7

SPACE DENSITY INDEX continued

© 2019 | CoworkingInsights, Inc

FINAL THOUGHTS

Based on the displayed data, here are the most important takeawaysthat can be drawn from this report

© 2019 | CoworkingInsights, Inc

The global average capacity per coworking space was 83people.The global average size (sq. ft.) per coworking space was 7,308sq. ft.Asia was the continent with the highest average capacity of114, compared to spaces in South America that held the lowestaverage capacity of 54 people.China ranks as the country with the largest capacity, at 282people on average per space.North America has the largest spaces in the world, with anaverage size 9,799 sq. ft. per space, followed by Asia at 8,101sq. ft. per space.Larger spaces in the world tend to be in North America and Asiawhere construction is new. Smaller spaces are more commonlyfound in Europe and South America.China is the country with the largest spaces in the world, withan average size of 27,077 sq. ft.Medellin is home to the spaces with the most space for itsmembers, at an average of 264 sq. ft. per person.The range in density (sq. ft. per person) was between 16 and264 sq. ft., with a global space average of 78 sq. ft. per person.

CONCLUSIONS

© 2019 | CoworkingInsights, Inc

Globally we are seeing a trend towards larger spaces.Larger spaces are proving to be more profitable whileproviding customers with more amenities and creative

space. In order to stay competitive, we are seeing spacesexpand their own space, move to larger premises nearby,

and open up additional locations under their brand. This notonly meets the demand for shared office space, but also

gives members the flexibility to access new amenities andalternate between locations.

Edit & Design: Alexandra Nicorici, Director Coworking Insights

For data enquiries: alex@coworkinginsights.com

General enquiries: hello@coworkinginsights.com

W W W . C O W O R K I N G I N S I G H T S . C O M

M A Y 2 0 1 9

02

We were able to bring you this reportthanks to the data provided by

Coworker.com

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