The coworking market - France

These coworking spaces are designed to provide a collaborative and stimulating working environment where workers can exchange ideas, work together on projects, build professional relationships and feel connected to a community of workers. Coworking spaces can also offer training and professional development opportunities, as well as social events to help workers connect and develop their professional network. In addition, coworking spaces often offer services beyond simple office space, such as equipment, catering, cleaning, concierge services, common spaces and business support (in some cases), along the lines of an incubator. Finally, collaborations differentiate themselves by aiming to create collaborative workspacesthat enable several playersto meet, socialize and share projects. Many collaborative players place strong emphasis on the community work they engage in, in order to create an environment for learning, knowledge sharing and cooperation between different users. Since the 2010s, the market has been very dynamic, and has rapidly recovered from the economic losses linked to the health crisis. Between 2015 and 2022, the average annual growth rate for the opening of new coworking spaces worldwide will be 21.3%. The national market is booming: coworking spaces in France have increased tenfold from 2013 to 2023. The players are highly diversified, ranging from global coworking giants (WeWork or IWG), with spaces on five continents, to exclusively Parisian players (The Bureau), via independent coworking spaces. A new trend is emerging in 2023/2024 in this very dynamic sector: the proliferation of small coworking spaces (with a surface area of less than 5,000 square meters).