7 Game-Changing Coworking Space Trends to Expect in 2023
Updated January 24, 2023.
Coworking spaces are transforming the way we work and collaborate. They're transforming our cities, our economy, and even how we think about the future of working. The coworking space industry and its trends are growing faster than ever, while also constantly changing and evolving.
Therefore, it's important for coworking space owners and managers to stay on top of the trends that will shape their industry in the coming years. In this article, we discuss the most anticipated game-changing trends that will be adopted by coworking spaces in 2023.
1. Rise of Spaces With Multiple Locations
Many coworking companies have only one or two locations, which is still restrictive because many people don’t have access to them. By 2023, expect to see more coworking spaces with multiple locations popping up around the globe. This will allow even more people to work in a space that fits their needs and preferences.
2. Growth of Niche-specific Spaces
While coworking spaces aim to offer a professional environment at a reduced cost, niche-specific spaces add additional value by offering a tailored space for a targeted group. Focus can be placed on a specific profession (e.g., artists, designers, consultants, etc.) or demographic (e.g., single working parents). The space is designed to cater to their specific needs and encourages them to form a community or support base.
3. Connection to Natural World
Coworking is all about connecting people, and nature can be just as powerful of a connector as technology. In 2023, expect to see more coworking spaces incorporating elements of nature into their designs. This will not only give people a break from staring at screens all day but can also help to improve productivity and mental health. A green workspace can be implemented by bringing more plants indoors, having outside areas surrounded by luscious plant life, or offering programs that are orientated towards sustainability.
4. Focus on Fostering Community & Culture
Coworking spaces are more than just office buildings. They’re designed to be communities that foster collaboration and creativity among their members, which can help them grow into some of the world’s most innovative companies. In 2023, you can expect coworking spaces to continue building on this idea by providing avenues for people to connect outside of work hours as well through classes, leisure activities, or coworking events.
5. Evolution of Corporate Culture
Corporate culture has drastically changed since 2020 as traditional office setups are no longer the only option. Flexibility has become the keyword and coworking spaces provide just that. Companies can provide their employees with a space that meets their specific needs, thereby ensuring employee satisfaction and increased productivity. Coworking spaces can allow for private, focused work as well as opportunities for connection and growth.
6. Innovative Space Design & Layout
Space planning and management are at the core of coworking spaces. Apart from practical considerations like setup costs and maintenance, the type of employees that will use the space dictate everything else—because why invest in a space that's not going to be utilized? Effective coworking spaces have flexible seating (private vs open and inside vs outside) because different tasks may require different environments. They also have appealing visuals and take note of the colors used in different spaces to stimulate different moods.
7. Increasing Need For Automation & Technological Integration
In the modern workplace, the need for automation keeps growing. Coworking spaces are no exception. From robotic cleaners to automated check-in kiosks, coworking spaces use technology to streamline various processes such as space management software, booking systems, and employee time tracking. They can also provide their members with tools like Wi-Fi, printers and scanners, and other services like meeting rooms and conference calls with just one click on their website.
Ready to Up Your Game?
The coworking space industry is growing at a breakneck pace, with the number of coworking spaces expected to grow by more than 50% in the next five years. However, it's not just about the numbers—it's about how these spaces are changing the way people work and interact.
Coworking spaces need to stay ahead of the curve and continue to provide an environment that meets employee needs, whether it's investing in a niche audience, fostering community and corporate culture, optimizing office space, or investing in the newest technology.
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