Remote and hybrid working models, coupled with the rise in the share of freelance workers, fueled demand for coworking space in 2022. And coworking operators have continued to innovate in an effort to keep up with the rapidly changing landscape of the up-and-coming market segment.
With the new year just around the corner, researchers at CoworkingCafe recently ranked the top players.
Here’s more about the largest U.S. coworking operators:
- Regus takes the 1st spot with 832 coworking locations on the U.S. market, that’s more than three times the size of runner-up WeWork’s American inventory. In terms of geographical distribution, Regus is most active in the Northeast, with more than 100 coworking locations only in New York City and the wider Tri-State area, while the Bay Area and the entire Pacific Northwest remain uncovered for now.
- WeWork takes the 2nd spot with 246 U.S. locations. The coworking company shows a similar market penetration pattern to Regus, with a primary focus on New York and across Southern California. However, WeWork shows a more even coverage on the West Coast with a strong presence in the Bay Area as well as Seattle and Bellevue.
- Industrious Office ranking 3rd currently operates 135 coworking locations in close to 40 U.S. cities.
- Premier Workspaces, Office Evolution, and Workstyle Flexible Spaces are the only companies in our top largest operators that have offices only in the U.S. Premier Workspaces with 87 locations, Office Evolution with 81, and Workstyle Flexible Spaces with 67 rank 5th, 6th and 7th, respectively.
