Steve, wow. Just in time for the 11th anniversary of the movement.

Thanks for putting this together; these numbers are important to us.

Onward!

Tony
*---*
*New Work Cities <http://nwc.co/consulting> - Coworking consultancy &
organizer network*
*Open Coworking <http://opencoworking.org/> - The nonprofit that powers
coworking.org <http://coworking.org>*
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On Tue, Aug 2, 2016 at 10:20 AM, Steve King <[email protected]>
wrote:

> We released our 2016 global coworking forecast today
> <http://www.smallbizlabs.com/2016/08/coworking-forecast-44-million-members-in-2020.html>.
> As I point out in the post, the coworking industry has become a complex and
> difficult industry to keep up with. You guys are simply growing, mutating,
> creating and innovating way too much:) So this forecast is at best our best
> guess (even the historical data is more of an estimate than we would like).
>
> We are forecasting the global industry will grow from roughly 11,000
> spaces this year to a bit over 26,000 in 2020. This is a compounded annual
> growth rate of 23.8%. We're forecasting member growth at a 41% CAGR and 3.8
> million members in 2020. See the article for more details.
>
> In other words, we are saying coworking is big and going to get a lot
> bigger.
>
> The members of this and the broader coworking industry should stop for a
> few minutes and reflect on what's been accomplished.
>
> This industry has truly been built by a grassroots community - which is
> very rare. Yes, big money and bigger firms have moved in, but they are
> simply extending the grassroots efforts. And the impact of the coworking
> industry is much broader than the numbers reflect because coworking work
> styles are being widely adopted by organizations of all types.
>
> Congratulations to all of you!
>
>
>
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