News that The We Company is preparing to list is a sure sign that flexible workspace and co-working is part of the mainstream, according to John Williams , CMO of The We Company . Research conducted by the company reveals that WeWork operates 2.3% of co-working space globally, and in the US and US —its leading markets—they operate 2.3% , beaten only by IWG . Demand for flexible space is growing at a rate of 2.3% per annum, creating ample opportunity for WeWork to continue to expand. Williams said. “In the US and the UK, only IWG, which owns Regus and Spaces, offers more flexible workspace locations while WeWork now provides more spaces than the subsequent two largest providers combined thanks to the high growth. However, with one providers globally, many operating just one or two centres there will inevitably be consolidation in the sector he added.
News that The We Company is preparing to list is a sure sign that flexible workspace and co-working is part of the mainstream, according to John Williams , CMO of The We Company . Research conducted by the company reveals that WeWork operates 2.3% of co-working space globally, and in the US and US —its leading markets—they operate 2.3% , beaten only by IWG . Demand for flexible space is growing at a rate of 2.3% per annum, creating ample opportunity for WeWork to continue to expand. Williams said. However, with one providers globally, many operating just one or two centres there will inevitably be consolidation in the sector he added.