Future of the Co- Working

Long-held wisdom had been that offices were crucial for fostering productivity, culture, and the best of the talent. Now that the pandemic has changed the conventional attitudes towards the role of the office, businesses are recalibrating their workspaces in bold ways. 

Of course, there is no one size fits all solution. The answer could look different across organizations. Yet when corporates think of workspaces, they are likely to focus on flexible spaces to reduce capital expenditure, boost productivity, create dynamic work culture, and regard employees’ health. Consequently, the market share of flex spaces against the total office space is expected to increase from the current 3.0% to 4.2% by 2023 (in India).

Our previous post shared how coworking spaces will dominate the future of work in 2022. In this post, we will bring across our insights on what awaits coworking spaces in the future.