Regus tops the checklist of largest coworking operators within the US, besting WeWork, which nabbed the #2 spot in a current CoworkingCafe research.
Regus had 832 areas as of year-end 2022, adopted by WeWork with 246, Industrious with 135, Areas with 117 and Premier Workspaces with 87.
“The U.S. financial system can be slowly regaining traction after two straight quarters of financial contraction in 2022, and the coworking workplace market has seen a very lively yr,” CoworkingCafe analysts be aware within the report. “Operators continued to innovate in an effort to maintain up with the quickly altering panorama of the up-and-coming market phase – even with employers requiring elevated workplace presence, many coworking firms proceed to announce new areas set to open in 2023.”
With a nationwide portfolio is greater than 3 times the dimensions of runner-up WeWork’s American stock, Regus additionally has 3,000 areas globally and is the first versatile area supplier working at international scale. Its father or mother firm IWG additionally controls nearly one fifth of the U.S. market below the Areas, HQ, and Regus manufacturers.
WeWork is available in second with 246 US areas of 700 globally. The corporate lately introduced it could terminate 40 leases by year-end as a part of a consolidation technique, nevertheless. Like Regus, its main focus is in New York Metropolis with practically 70 areas in Manhattan alone, but in addition has 27 areas throughout Southern California and 22 areas in Downtown San Francisco, Oakland, and the Silicon Valley.
Third-place participant Industrious Workplace has 135 coworking areas in near 40 US cities and in addition maintains a presence in key European and Asian markets. Greater than half of their US places of work are situated alongside the East Coast with 50 areas throughout New York, Washington, D.C. and Boston, 12 in Florida, and 9 in Atlanta.
Areas, which CoworkingCafe says is positioned as a direct competitor to WeWork, operates 117 coworking places of work within the US with the majority in Southern California and the Bay Space, Texas and New York Metropolis. And fifth-place contender Premier Workspaces, which has 87 US areas, has the same SoCal focus, with most of their areas within the Los Angeles metro.
