Deskmag's Global Coworking Survey - CUAsia 2017

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THE 2017 GLOBAL COWORKING SURVEY

deskmag

ASIAN & GLOBAL RESULTS OF

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25 %

50 %

75 %

100 %

2016 2017

17 %11 %

10 %11 %

17 %16 %

56 %63 %

UP TO 49 MEMBERS50 TO 99 MEMBERS100 TO 149 MEMBERS150 & MORE MEMBERS

deskmagNUMBER OF MEMBERS AND SHARE OF FEMALE MEMBERS

ASIA

71

5% TRIMMED MEAN

MEANMEDIAN

15940

25 %

50 %

75 %

100 %

2016 2017

19 %13 %

9 %7 %

18 %16 %

53 %64 %

(55)

(23) (72)

2017(2016)

+29%

+121%+78%

34.5%

MEMBERS SAY THE SHARE IS 31.5%

-1

COMPARED TO 2016

39.9%

MEMBERS SAY THE SHARE IS 40%

+3

COMPARED TO 2016

-7

+6

-11

+6

74

GLOBAL

12944

+69%+46%

+51%

2017

FINAL RESULTS, REPORTED BY COWORKING SPACES, MOST RESULTS ARE ROUNDED.

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m225 %

50 %

75 %

100 %

2017

20 %

10 %

32 %

38 %

UP TO 49 DESKS50 TO 99 DESKS100 TO 149 DESKS150 & MORE DESKS

NUMBER OF DESKS & SIZE OF COWORKING SPACES

25 %

50 %

75 %

100 %

2017

13 %7 %

24 %

57 %-21

+8

-5

0ASIA

5% TRIMMED MEAN

2017

MEANMEDIAN

96(59)

16755

(2016)

GLOBAL

58

9340+45%+14%

+38%

(37.5) (78.5)

+62%

+113%+47%

586

in m2

5% TRIMMED MEAN

857MEAN

20172016

480739

2017

in m2

2016

7565% TRIMMED MEAN

1540MEAN

650986

+29%

+80%

+35%

+33%

REPORTED BY COWORKING SPACES, MOST RESULTS ARE ROUNDED.

deskmag

+15

-2

+7

-1

FIGURES CONSIDER THE ENTIRE SPACE, INCL. EVENT SPACES

SQUARE METER PER DESK 5% TRIMMED MEAN - MEDIAN IS 5.7 (ASIA), & 9.1 ( GLOBAL)

MEAN IS 8.7 (ASIA) & 14.5 (GLOBAL)

GLOBAL

11ASIA

7.8

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29.3

5% TRIMMED MEAN, MEAN: 32.8 MEDIAN: 24

MONTHS

2017

2016 34%

30%

2017

2016 56%

35%

5% TRIMMED MEAN. MEAN: 29.4 MEDIAN: 25

27MONTHS

OF COWORKING SPACES ARE 12 MONTHS OLD OR YOUNGER

-21

-4

ASIA

GLOBAL

ARE NEW MEMBERS WHO JOINED IN THE PAST 12 MONTHS

56%

55%

5% TRIMMED MEAN.,

5% TRIMMED MEAN.,

+2

+11

CO

MPA

TED

TO

20

16C

OM

PATE

D T

O 2

016

AGE & SHARE OF NEW COWORKING SPACES & MEMBERS deskmag

FINAL RESULTS, REPORTED BY COWORKING SPACES, RESULTS ARE ROUNDED.

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SATURATION RATE OF COWORKING SPACES deskmag

FINAL RESULTS - REPORTED BY COWORKING SPACES, RESULTS ARE ROUNDED.

ASIA

GLOBAL

1000 %

2000 %

3000 %

4000 %

17

33

1000 %

2000 %

3000 %

4000 %

38

21

LOCATIONS W/ 1 MIO. & MORE HABITANTSLOCATIONS W/ 999,999 - 100,000 HABITANTSLOCATIONS W/ 99,999 & LESS HABITANTS

+11 +5 +1.5

+3 +1.5 0

MEAN: 2017: 23.6 (2016: 12.8) 8 (2.9) 2.6 (1.2)

MEAN: 2017: 48 (2016: 39.4) 8.9(6.8) 2.3 (1.6)

NUMBER OF COWORKING SPACE PER LOCATION WHERE COWORKING SPACES EXIST - 5% TRIMMED MEAN

COMPARED TO 2016

COMPARED TO 2016

2500 %

5000 %

7500 %

10000 %

18%15%

61%52%

22%33%

TOO FEW JUST RIGHT TOO MANYN.A.

2500 %

5000 %

7500 %

10000 %

2%3%

15%14%

62%56%

21%27%

SATURATION RATE

2016 2017

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SATURATION RATE OF COWORKING SPACES deskmag

FINAL RESULTS - REPORTED BY COWORKING SPACES, RESULTS ARE ROUNDED.

ASIA

GLOBAL

1000 %

2000 %

3000 %

4000 %

17

33

1000 %

2000 %

3000 %

4000 %

38

21

LOCATIONS W/ 1 MIO. & MORE HABITANTSLOCATIONS W/ 999,999 - 100,000 HABITANTSLOCATIONS W/ 99,999 & LESS HABITANTS

+11 +5 +1.5

+3 +1.5 0

MEAN: 2017: 23.6 (2016: 12.8) 8 (2.9) 2.6 (1.2)

MEAN: 2017: 48 (2016: 39.4) 8.9(6.8) 2.3 (1.6)

NUMBER OF COWORKING SPACE PER LOCATION WHERE COWORKING SPACES EXIST - 5% TRIMMED MEAN

COMPARED TO 2016

COMPARED TO 2016

2500 %

5000 %

7500 %

10000 % 8%22%

77%54%

15%24%

TOO FEW JUST RIGHT TOO MANYN.A.

2500 %

5000 %

7500 %

10000 %

2%

0% 11%25%

67%55%

21%20%

SATURATION RATE >= 1M HABITANTS < 1M HABITANTS

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TOP 5 PROBLEMS OF COWORKING SPACES deskmag

ATTRACTING NEW MEMBERS

ADMINISTRATIVE TASKS

GENERAL WORKLOAD

REAL ESTATE MARKET

ORGANIZING EVENTS

0 % 1.250 % 2.500 % 3.750 % 5.000 %

21%

21%

24%

29%

48%

RATHER OFTEN, VERY OFTEN OR ALWAYS

FINAL RESULTS, REPORTED BY COWORKING SPACES, RESULTS ARE ROUNDED.

ADMINISTRATIVE TASKS

NOT ENOUGH WORKSPACE

ATTRACTING NEW MEMBERS

ORGANIZING EVENTS

REAL ESTATE MARKET

0 % 1.500 % 3.000 % 4.500 % 6.000 %

24%

39%

44%

49%

51%

ASIA GLOBAL

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TOP 7 ACTIVITIES TO ATTRACT NEW MEMBERS deskmag

FINAL RESULTS, REPORTED BY COWORKING SPACES, RESULTS ARE ROUNDED.

ASIA GLOBAL

20 40 60 80

27%

59%

27%

49%

79%

64%

77%COMMUNITY BUILDING

EVENTS FOR POTENTIAL MEMBERS

SOCIAL & ONLINE MEDIA ACTIVITIES

WEBSITE SEO

DISCOUNTS FOR PARTNERS / CERTAIN GROUPS

FREE TRIAL(S) OR "FREE COWORKING" DAYS

EVENTS W/ OTHER COWORKING SPACES22,5 45 67,5 90

41%

41%

42%

54%

80%

85%

89% +11

+21

+1

+5

+15

-18

+14

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deskmagSELF-DESCRIPTION & ELEMENTS OF COWORKING SPACES

FINAL RESULTS, REPORTED BY COWORKING SPACES, RESULTS ARE ROUNDED.

TOP ADDITIONAL ELEMENTS OF COWORKING SPACES

4 %3 %5 %

6 %

11 %13 %

58 %

12 %

1 %2 %

6 %

6 %

10 %

19 %

45 %

COWORKING SPACECOMMUNITY SPACEMIXED SPACESHARED OFFICEBUSINESS CENTERINCUBATOR/ACCELERATORARTIST SPACEOTHER

ASIA

GLOBAL

ARE MAINLY A...

86%OF COWORKING SPACES

SAY THAT THEY ARE "MORE THAN JUST ACOWORKING SPACE"

79%

MULTIPLE RESPONSES ALLOWED.

ASIA GLOBAL

EVENT SPACE

COMMUNITY SPACE

SHARED OFFICE

INCUBATOR/ACCELERATOR

ARTIST SPACE

BUSINESS CENTER0 25 50 75 100

ASIAGLOBAL

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deskmag

SPACE TYPES HAVE BEEN HARMONIZED TO 100% - WIITHOUT N.A. - FINAL RESULTS - REPORTED BY COWORKING SPACES, RESULTS ARE ROUNDED. NOT HARMONIZED RESULTS FOR 2017: ASIA: OPEN SPACE(S) 42%, PRIVATE OFFICES 18.4%, MEETING SPACES 10.8%, EVENT SPACES 8.7%, CLASS ROOMS 4.8%, OTHER 3.9%, N.A. 11% GLOBAL: OPEN SPACE(S) 48.3%, PRIVATE OFFICES 18%, MEETING SPACES 13.8%, EVENT SPACES 8.5%, CLASS ROOMS 2.6%, OTHER 4.7%, N.A. 4%

4 %5 %

10 %

12 %

21 %

47 %

OPEN SPACE(S)PRIVATE OFFICE(S)MEETING SPACE(S)DEDICATED EVENT SPACE(S)DEDICATED CLASS ROOM(S)OTHER

25 %

50 %

75 %

100 %

5 %3 %

9 %

14 %

19 %

50 %+3

+3

-3

-3+1-1

+1

+1

-3

+1-10

ASIA GLOBAL

25 %

50 %

75 %

100 %

1 %

10 %17 %

27 %29 %

30 %

39 %

26 %

14 %7 %2 %FIXED DESKS ONLY

MORE FIXED THAN FLEX DESKSROUGHLY 50/50MORE FLEX THAN FIXED DESKSFLEX DESKS ONLYN.A.

-6+3

+10

-5

+1

-2

+3

+5

-1

-3

ASIA GLOBAL

STRUCTURE OF COWORKING SPACES

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26%

35%

40%

17%

23% 60%

PROFITABLEZERONOT-PROFITABLE

PROFITABILITY OF COWORKING SPACES deskmag

FINAL RESULTS, PROFITABILITY WITHOUT N.A. - REPORTED BY COWORKING SPACES, RESULTS ARE ROUNDED.

OF COWORKING SPACES NEED TO BE PROFITABLE

TO RUN THE ENTIRE BUSINESS SUCCESSFULLY

25 50 75 100

8%18%74%

NEED TO BE PROFITABLENO NEED TO BE PROFITABLEDON'T KNOW & NOT SURE

ASIA

GLOBAL

4 %1%

14%

81%

2 %12%

87%

+6

-2+14

+4

OF COWORKING SPACES ARE FOR-PROFIT

BUSINESSES

25 50 75 100

7%30%63%

NON-PROFIT

NON-PROFIT

COMPARED TO 2016

COMPARED TO 2016

+5

2500 %

5000 %

7500 %

10000 %

4%

27%

33%

37%

PROFITABLEZERONOT PROFITABLEN.A. / DON'T KNOW

2500 %

5000 %

7500 %

10000 %

8%

21%

34%

38%

OWN PROFITABILITY ESTIMATION OF OTHERS AROUND

COMPARED TO 2016

+3

-2

-23

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ASIA

ANTICIPATIONS OF COWORKING SPACES FOR 2017

MORE MEMBERS MORE SENSE OF COMMUNITY

MORE EVENTS MORE INCOME

GLOBAL

90%-2

80%+4

76%+9

88%+12

86%-1

81%-1

71%+4

84%+3

deskmag

FINAL RESULTS, REPORTED BY COWORKING SPACES, RESULTS ARE ROUNDED.

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73% -5

OF COWORKING SPACES PLAN AT LEAST ONE EXPANSION

COMPARED TO 2016

COMPARED TO 2016

ASIA

66%

GLOBAL

+4

Expansion inside the space

Expansion with extra location(s)

Expansion to a larger location

No expansions planned15 % 30 % 45 % 60 %

21 %

14 %

54 %

25 %

Expansion inside the space

Expansion with extra location(s)

Expansion to a larger location

No expansions planned25 % 50 % 75 %

29 %

11 %

39 %

27 %

TYPE OF EXPANSION

FINAL RESULTS, REPORTED BY COWORKING SPACES, RESULTS ARE ROUNDED.

0

+3

-1

-2

-1

-2

-5

-1

CO

MPA

RE

D

TO 20

16

EXPANSION PLANS OF COWORKING SPACES IN 2017 deskmag

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"Social Workplaces are the physical nodes where the new generation of knowledgable connected workers find meaning in work, well-being and are amplified in terms of business operations and goals. SocialWorkplaces.com’s #1 mission is to connect these rising workplace communities.

The company organizes the Coworking Europe conference: the first international conference of its kind, where approximately 500 coworking stakeholders from more than 40 countries gather each year. In 2015, the company launched the Coworking Africa conference and, more recently, introduced Coworking India, Coworking Middle East as well as the premium event “The Social Workplace Conference.”

SocialWorkplaces.com

COLLABORATION PARTNER deskmag

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MAIN SUPPORTERS OF THE GLOBAL COWORKING SURVEY

"In 2012 Collective Works created the category of prime CBD coworking in Singapore and has since gone on to become Singapore's leading coworking operator designed for performance businesses. Leveraging market leading technology and infrastructure Collective Works is now home to more than 200 companies and hosts dozen of industry events including TedX.

collective.works essensys.tech

"Occupie, the essensys platform, is a simple, easy to use software platform that helps you manage your workspace from lead to cash and everything in between. Workspaces can attract and retain customers, grow additional income streams and gain business insight to make quicker decisions. We focus on ensuring that your workspace can deliver the best customer experience.”

THE MAIN SUPPORTERS SUPPORT THE INDEPENDENT RESEARCH OF THE GLOBAL COWORKING SURVEY WITH FINANCIAL RESOURCES AND PROMOTED THE SURVEY OFFICIALLY.

deskmag

"Nexudus is a leading white-label platform to help coworking space operators with their day-to-day tasks. Today, hundreds of spaces around the world use Nexudus to spend less time typing and chasing invoices, keeping their communities engaged and up-to-date, or controlling who is in and out of the space and how it is used. Nexudus is made for and by their active community of users."

nexudus.com

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WESERLAND

THE OFFICIAL SUPPORTERS PROMOTED THE GLOBAL COWORKING SURVEY OFFICIALLY BY DEC 24. 2016.

OFFICIAL SUPPORTERS OF THE GLOBAL COWORKING SURVEY deskmag

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THE OFFICIAL SUPPORTERS PROMOTED THE GLOBAL COWORKING SURVEY OFFICIALLY BY DEC 24. 2016.

PARTICIPANTS: 2011-12: 913, 2012-13: 1206, 2013-14: 1270, 2015-16: 1679, 2016-17: 1876 THE FINAL RESULTS ARE ANALYZED USING A COMPLEX STATISTICAL TOOL, AND ARE CHECKING USING QUALITY STANDARDS. IT IS FOR THIS REASON

THAT THE FIRST AND THE FINAL RESULTS MAY DIFFER SLIGHTLY. IN ADDITION, THE FINAL RESULTS ARE GROUPED BY DEMOGRAPHIC & OTHER CRITERIA USING A BI- OR MULTIVARIATE ANALYSIS.

ALL ICONS USED IN THIS PRESENTATION ARE MADE BY FREEPIC FROM WWW.FLATICON.COM

READ MORE AT

COWORKINGSURVEY.COM

deskmag

THE GLOBAL COWORKING SURVEY

BACKGROUND deskmag

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THANKS FOR READING!

[email protected]

deskmag