Coworking as a workplace arrangement is growing worldwide. According to recent studies, more than 1.2 million people worldwide have worked in a coworking space. By 2020, 22 million Americans are projected to work in coworking spaces in the United States alone.
As contract work and remote work have become increasingly common, coworking has grown. Startups and small businesses benefit from using coworking spaces instead of traditional offices because coworking cuts costs per employee.