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Co-Working space trends in 2020
It is said that ‘The spirit of co-working allows you to find coworkers who are worth working with’.
Interestingly, as the year is changing so is the way we work. The concept of coworking is
affecting the concept of working in general, the shift from the boring and traditional method of
sitting at a desk all day to a more flexible approach. This eventually allows people to work and
socialise at the same time.
We can say that the idea of co-working spaces has been around since 2005 globally. This
business has grown and strengthened its network with more than three million workers across
the world. Just when we can see that 2020 is approaching, coworking spaces are flourishing.
Here are the co-working space trends in 2020 trends that are going to be on the industry’s radar
in the upcoming year.
1. Diverse Community Model
Nowadays it’s just not newborn startups, freelancers and entrepreneurs, but also parent
companies are ready to invest in the shared space working model. This includes working
with small teams in a workspace with a lot of dimensional communication. This model
has a lot of perks like attracting the right people and making them work in teams with like
mindsets and creative freedom. This is expected to increase the productivity of all
employees as they also connect at a personal level.
A diverse approach helps in building a big network among different communities with
diversity, expanding it and come up with new ideas with people who are like-minded to
find more inspiration to work.
2. Internet of Things
In the age of technology and Artificial Intelligence, there is a need for spaces to be
equipped with the latest technologies. The integration of management software, the
development of wireless devices and communication has enabled a lot of coworking
support.
The cutting-edge technologies will help in terms of controlling the environment of a
workplace through a single platform. This includes synchronizable calendars and an
interactive communication system. Wouldn’t this reduce the manpower and let the
workers’ pay attention to their work rather than distracting themselves? Workshaala
believes in updating and provides latest internet connectivity with good facilities for ease
at work .
3. Increased Utilisation
As per a study in 2018, it is estimated that coworking spaces are getting bigger each
year. The average occupancy has increased to 1.2 members per desk. This refers to the
fact that the coworking spaces are trying to fit more people in one space. It is to be noted
that there is a 25 per cent rise in private offices trying to convert into shared spaces.
4. More than just work
Big players in the coworking market have plans to merge work environments with
apartments, this will, in turn, offer a cheaper way to provide employees to stay on board
rather them living in high rent cities. They also have access to business accelerator
with a modern-day lifestyle and a new approach to work.
5. Government initiatives
The government might introduce initiatives that can help promote the coworking
business in India. The current initiatives like digitization, startup growth and youth
skilling, can provoke the government to see opportunities for similar activities in the
coworking market.
6. Climate Conscious efforts
Climate change and other environment-related problems have taken a toll on the planet.
Yet, co-working spaces in India have started taking initiatives where all the clients are
asked to participate in. Such initiatives are a part of CSR which include activities and
even eco-friendly infrastructure.
Author
My work has been featured in 20 different anthologies and various other platforms. Creative writing and content creation are my strengths.