Davis adds, “Based on our findings, we see that there is more than enough room for small, independent spaces to grow wherever there is a community and that they, in fact, may fare better in less-populated, unlikely places.” A study of all co-workspace office opening from June 2018 to April 2019 found London to be the world’s fastest city for co-working venues. The study, by research firm Cushman & Wakefield, also revealed that London’s creative industries are among its most competitive and diverse. Results from the CoworkingResources report also revealed that 65.3% of new facilities are opened by new business, indicating that while existing providers dominate the market, grow is coming largely from firms and business owners entering the sector for the first time.
A study of all co-workspace office opening from June 2018 to April 2019 found London to be the world’s fastest city for co-working venues. The study, by research firm Cushman & Wakefield, also revealed that London’s creative industries are among its most competitive and diverse. Results from the CoworkingResources report also revealed that 65.3% of new facilities are opened by new business, indicating that while existing providers dominate the market, grow is coming largely from firms and business owners entering the sector for the first time.