Coworking market seen topping $53B by 2030

The Business Research Company says the global coworking space market will grow from $26.2 billion in 2025 to $30.12 billion in 2026, then reach $53.46 billion by 2030. The forecast points to rising demand for flexible, hybrid and cost-conscious workplaces, with Asia-Pacific leading the market in 2025.

Why it matters: - Coworking is moving from a niche office option to a mainstream part of the workplace market. - The category is benefiting from hybrid work, higher office costs and demand for flexible space. - The forecast suggests more room for operators that can serve freelancers, startups and large enterprises looking to reduce fixed overhead.

What happened: - The Business Research Company released its Coworking Space Market Report 2026 on June 5, 2026. - The report estimates the global coworking space market will rise from $26.2 billion in 2025 to $30.12 billion in 2026. - The report projects the market will reach $53.46 billion by 2030. - The company also published a free sample report and the full market report online: Download a free sample and View the full report.

The details: - The report says the market will post a 15.0% CAGR from 2025 to 2026. - It projects a 15.4% CAGR through 2030. - Growth drivers include startup formation, higher traditional lease costs, more freelancers and gig workers, and more entrepreneurial ventures. - The report says early adoption of shared workspace culture also helped the market. - Flexible office demand is a major growth driver because coworking spaces support different work styles and business sizes. - Vestian projected in September 2023 that the flexible office space sector would grow from 53.4 million square feet to 81 million square feet by 2025. - The report says key trends include more flexible and shared offices, hybrid and remote collaboration, community-focused workspaces, premium and niche coworking offerings, and cost-effective office solutions. - In 2025, Asia-Pacific was the largest coworking market. - North America ranked second. - The geographic coverage includes Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The 2026 reports now include market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel dashboards, market hotspots infographics, and key technology and future trend analysis. - The company also highlighted related reports on geomarketing, space traffic management and space launch services.

Between the lines: - The forecast shows coworking demand is no longer tied only to startups and freelancers. - Large enterprises are becoming a bigger part of the addressable market as they look for more flexible workspace strategies. - The regional lead for Asia-Pacific suggests workplace demand is shifting toward faster-growing economies and more flexible office adoption.

What’s next: - The report expects hybrid work and remote work trends to keep pushing demand higher. - Operators are likely to keep expanding premium, niche and community-driven formats as competition intensifies. - Flexible workspace strategies should remain a priority for companies trying to manage office costs and adapt to changing labor patterns.