Co-working taps into the need for community

Arrive in any major global city as an entrepreneur and one of the things that will immediately catch your eye will be the growing number of trendy co-working spaces springing up.  According to the latest research forecast figures published by global coworking specialists GCUC, it is anticipated that the global number of coworking spaces will reach 17,725 by the end of this year (with 2.3 million members), and almost 30,500 by 2022 (with 5.1 million members). And what’s behind this meteoric rise in interest in the co-working concept? Well, its a practical response to the increasing demand for more flexible, adaptable and fun working environments. This trend is being driven by entrepreneurs in the main, but is increasingly becoming attractive to major corporates who are looking for spaces where their employees can innovate and disrupt traditional ways of doing things. The success of these co-working spaces is built on a sense of community, creating physical spaces where like-minded people come together to collaborate, ideate and network. And as research suggests, with 84% of people who use co-working spaces reporting they are happier and feel more engaged and motivated, it’s not hard to see why co-working is a growing trend.