By 2030, the global value of coworking spaces is expected to have increased by many times from its initial value of approximately seven billion dollars in 2021. This figure represents all commercial and financial activity related to the leasing of (primarily) office space to individuals and businesses. Between 2022 and 2030, this industry is expected to grow by roughly two billion dollars each year, owing to the flexibility and affordability of the services supplied by co-working space firms. As a result, potential investors, clients, and future entrepreneurs can expect to be a part of a market that is expected to be worth 24 billion dollars in 2030. This increase might be turned into a CAGR of about 15%.
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| Year | Market in billion US dollars |
|---|---|
| 2020 | 6.88 |
| 2021 | 7.91 |
| 2022 | 9.32 |
| 2023 | 10.83 |
| 2024 | 12.46 |
| 2025 | 14.24 |
| 2026 | 16.26 |
| 2027 | 18.54 |
| 2028 | 21.11 |
