The concept of coworking has grown fast over the past few years and is expected to continue growing in both the near future and beyond. Besides, there are many trends shaping this concept.
So, what are these trends that will be making a big impact in this area in 2023? At Venture Point, we would like to share inputs on them.
1. Enhanced Technology Adoption
As the coworking concept flourishes, there will be an increase in technology adoption. The introduction of new technology will make spaces more efficient and effective. Some of the examples are as follows:
- NFC phone-based systems and access cards enable the existence of 24-hour spaces without the need for staff
- Technologies now allow space monitoring
- Meeting room and conference room reservations can be fully automated
All these technology solutions are expected to streamline coworking spaces.
2. Embracing Nature
More coworking spaces will be created to embrace nature. Environment-friendly workspaces will be created that will do away with the differentiation between the indoors and outdoors. Such spaces are expected to have more eco-based features such as:
- Natural illumination
- Green walls
- Sustainable office supplies
3. Multi-Location Coworking Spaces
Multi-location coworking spaces are expected to emerge in the near future. You will be able to access multiple locations under a single brand. This could translate into more options, more locations, and the ability to work closer to home.
4. Building Stronger Connections
Coworking is already big on helping you build a community. In the near future, coworking spaces are expected to play an even bigger role in this area. You can expect to see them with the following amenities:
- Yoga classes
- Meditation sessions
- Wellness sessions
5. Niche-Focused Spaces
Niche spaces are expected to emerge in the future. These include spaces for various types of sub-groups, such as:
- IT-focused spaces
- Artistic or creative spaces
- Wellness-focused spaces
Coworking operators are expected to offer the resources needed for the creation of such spaces. Such spaces are expected to develop closer-knit communities.
6. Embracing Corporate Employees
Coworking spaces are further expected to attract more corporate employees. As more and more people have shifted to a work from home scenario, coworking spaces have provided a more decentralized location for operation.
These spaces will evolve to cater to employees of large corporations where a hybrid work model is being adopted. Further, corporations may also become more open to permanent arrangements with their employees to work from coworking spaces.
More features and amenities are expected to further grow the coworking concept. As this niche sector continues to get more traction, it is also expected to get more traditional financial assistance to grow.
Further, in order to attract more people and businesses to the environment, coworking space operators are expected to offer perks such as pet-friendly environments and book clubs.
To gain more insights into the developments in this environment, feel free to contact us at VenturePoint. You can give us a call at (210) 598-5595 or write to us.