Not long ago, coworking was seen as a niche segment—creative, agile, but speculative. That perception has since shifted. Today, as major institutional players double down on flexible workspace, one thing has become increasingly clear: Coworking isn’t a stopgap; it’s a resilient and essential part of the global commercial real estate ecosystem.

 

According to Allied Market Research, the global coworking space market was valued at $9.2 billion in 2022 and is estimated to reach $34.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 14.6%. That is exponential growth.

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