Introduction
Coworking spaces are the new disruption in the corporate structure and have proved to be beneficial over conventional office setups. Terms like ‘alternative office’, ‘workplace of the future’, and ‘flexible offices’, which were once associated with independent contractors and fledgling firms are now the go-to solution for many global corporate houses.
Coworking spaces are quickly proving to provide a distinctive and adaptable work environment that can increase productivity and success.
The History of the Origin of Coworking Spaces
In the early 2000s, coworking spaces emerged as the most viable solution over local cafes and cramped houses. While traditional office spaces were the biggest expense for startups in the 90s, with coworking solutions, their initial investment has gone down significantly today. The benefits of these flexible spaces transcend across different generations of the workforce, various geographical locations, and many industrial sectors.
Current Global Scenario of Coworking Spaces
As per a popular report, in the year 2017, the number of people working in coworking spaces crossed one million worldwide. Today, approximately 3 million people are using coworking spaces, which is further expected to grow at a CAGR of 13.0% annually to 5 million in the coming years. Currently, there are about 19,000 coworking spaces globally, which will increase to about 42,000 by 2024, as per a survey. The Asia Pacific region is the world’s largest market for coworking spaces and leads with over 11,000 coworking office spaces. The APAC region also has the highest number of people working per coworking space globally. Bangkok, the capital city of Thailand, is ranked among the top 5 best cities for coworking as per a survey.
The Rise of the Asian Coworking Space Player
Coworking Spaces first started in Thailand following the 2011 floods which submerged most of Bangkok’s outer parts, forcing people to work from home. Gradually, coworking spaces rose to prominence in Bangkok and have since spread to other provinces as well. The coworking space market in Thailand is expected to grow at a rate of 25% and is crowded with both local and international players. There are hundreds of coworking spaces in Thailand but The Urban Office is worthy of a mention here.
A Visionary in the Coworking Space of Thailand
The Urban Office aims to reinvent the experience of working in the modern world by providing thoughtfully planned, reasonably priced coworking and flexible workspaces. Their mission is to create workspace and business solutions that are specifically tailored to the needs of freelancers, entrepreneurs, start-ups, SMEs, and multinational corporations.
The Urban Office provides a plethora of office space solutions such as Serviced Office, Coworking, and Virtual office plans. Members get access to high-speed internet or locally hosted servers over gigabit cable or wireless connections thanks to a network architecture built to enterprise standards for modern communication. Voice and data technologies are combined for greater effectiveness, productivity, and cost savings. Customers benefit from dedicated high-speed VOIP and WIFI telecommunications solutions.
The firm is committed to the belief that as our lifestyles change, so must the way we work. A workplace, by its vision, is an atmosphere where extraordinary individuals and brilliant ideas come together in addition to where work gets done. It requires space, time, and the correct environment to grow, just like any great idea.
This vision and mission of the company earned them the coveted honour of the Best Coworking Space in Thailand 2023 by this Singapore-based business magazine, World Business Outlook. The Urban Office creates a workplace sanctuary that will allow you to unwind and concentrate on achieving success in all of your endeavours by blending professionalism with modern amenities while keeping the pricing economical and customizable.
Article by Amith Raj S
If you are interested to gain more information about The Urban Office, then please visit these links:
The Urban Office’s evolutionary approach to crafting remarkable Work Experiences
The Urban Office redefines coworking in Thailand’s startup landscape
