LAMEA Coworking Spaces Market Size, Share & Trends Analysis Report By Type, By Application (SMEs, Freelancers, Large Size Enterprises, and Other Application), By Industry Vertical, By Country and Growth Forecast, 2024 - 2031

The Latin America, Middle East and Africa Coworking Spaces Market would witness market growth of 17.9% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Coworking Spaces Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $831.3 million by 2031. The Argentina market is showcasing a CAGR of 18.7% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 16.7% during (2024 - 2031).

The post-pandemic era has also brought new health and safety considerations to the forefront of this market. Many coworking operators have implemented enhanced hygiene protocols, reconfigured layouts to allow for social distancing, and invested in touchless technologies to ensure the safety of their members. These measures have made these spaces more appealing to businesses and individuals concerned about returning to traditional office environments where crowded spaces and shared facilities may pose health risks.

Sustainability has also become an increasingly important consideration in this market. Many coworking operators implement environmentally favorable practices, including waste reduction programs, renewable energy sources, and energy-efficient buildings. These sustainability initiatives align with the growing demand for environmentally responsible business practices, particularly among younger professionals and businesses in the tech and creative industries.

In Kenya, this market is being stimulated by the country's expanding digital economy and the rising number of technology firms. Nairobi, often called Africa’s "Silicon Savannah," is home to a rapidly expanding tech ecosystem, and these spaces are at the center of this growth. Startups, freelancers, and international companies are drawn to Nairobi’s coworking spaces, which offer flexible office solutions, networking opportunities, and investor access. The Kenyan government has also supported the growth of these spaces by promoting entrepreneurship and innovation through initiatives such as the Kenya Vision 2030 program. Hence, all such developments will expedite the expansion of the regional market.

Free Valuable Insights: The Worldwide Coworking Spaces Market is Projected to reach USD 43.9 Billion by 2031, at a CAGR of 15.1%

Based on Type, the market is segmented into Corporate /Professional, Open/ Conventional, Industry – Specific, and Other Type. Based on Application, the market is segmented into SMEs, Freelancers, Large Size Enterprises, and Other Application. Based on Industry Vertical, the market is segmented into Information Technology, Professional Services, BFSI, Healthcare, Recruitment, Property, Government, and Other Industry Vertical. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

• WeWork Companies LLC
• The Executive Centre Limited
• Techspace Group Ltd. 
• International Workplace Group plc
• Servcorp Limited
• The Hive Worldwide Limited (The Flexi Group)
• Mindspace
• Workbar
• The Office Group
• Newmark Group, Inc.

LAMEA Coworking Spaces Market Report Segmentation

By Type

• Corporate /Professional
• Open/ Conventional
• Industry - Specific
• Other Type

By Application

• SMEs
• Freelancers
• Large Size Enterprises
• Other Application

By Industry Vertical

• Information Technology
• Professional Services
• BFSI
• Healthcare
• Recruitment
• Property
• Government
• Other Industry Vertical

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Coworking Spaces Market, by Type
1.4.2 LAMEA Coworking Spaces Market, by Application
1.4.3 LAMEA Coworking Spaces Market, by Industry Vertical
1.4.4 LAMEA Coworking Spaces Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. LAMEA Coworking Spaces Market by Type
4.1 LAMEA Corporate /Professional Market by Country
4.2 LAMEA Open/ Conventional Market by Country
4.3 LAMEA Industry - Specific Market by Country
4.4 LAMEA Other Type Market by Country

Chapter 5. LAMEA Coworking Spaces Market by Application
5.1 LAMEA SMEs Market by Country
5.2 LAMEA Freelancers Market by Country
5.3 LAMEA Large Size Enterprises Market by Country
5.4 LAMEA Other Application Market by Country

Chapter 6. LAMEA Coworking Spaces Market by Industry Vertical
6.1 LAMEA Information Technology Market by Country
6.2 LAMEA Professional Services Market by Country
6.3 LAMEA BFSI Market by Country
6.4 LAMEA Healthcare Market by Country
6.5 LAMEA Recruitment Market by Country
6.6 LAMEA Property Market by Country
6.7 LAMEA Government Market by Country
6.8 LAMEA Other Industry Vertical Market by Country

Chapter 7. LAMEA Coworking Spaces Market by Country
7.1 Brazil Coworking Spaces Market
7.1.1 Brazil Coworking Spaces Market by Type
7.1.2 Brazil Coworking Spaces Market by Application
7.1.3 Brazil Coworking Spaces Market by Industry Vertical
7.2 Argentina Coworking Spaces Market
7.2.1 Argentina Coworking Spaces Market by Type
7.2.2 Argentina Coworking Spaces Market by Application
7.2.3 Argentina Coworking Spaces Market by Industry Vertical
7.3 UAE Coworking Spaces Market
7.3.1 UAE Coworking Spaces Market by Type
7.3.2 UAE Coworking Spaces Market by Application
7.3.3 UAE Coworking Spaces Market by Industry Vertical
7.4 Saudi Arabia Coworking Spaces Market
7.4.1 Saudi Arabia Coworking Spaces Market by Type
7.4.2 Saudi Arabia Coworking Spaces Market by Application
7.4.3 Saudi Arabia Coworking Spaces Market by Industry Vertical
7.5 South Africa Coworking Spaces Market
7.5.1 South Africa Coworking Spaces Market by Type
7.5.2 South Africa Coworking Spaces Market by Application
7.5.3 South Africa Coworking Spaces Market by Industry Vertical
7.6 Nigeria Coworking Spaces Market
7.6.1 Nigeria Coworking Spaces Market by Type
7.6.2 Nigeria Coworking Spaces Market by Application
7.6.3 Nigeria Coworking Spaces Market by Industry Vertical
7.7 Rest of LAMEA Coworking Spaces Market
7.7.1 Rest of LAMEA Coworking Spaces Market by Type
7.7.2 Rest of LAMEA Coworking Spaces Market by Application
7.7.3 Rest of LAMEA Coworking Spaces Market by Industry Vertical

Chapter 8. Company Profiles
8.1 WeWork Companies LLC
8.1.1 Company Overview
8.2 The Executive Centre Limited
8.2.1 Company Overview
8.3 Techspace Group Ltd.
8.3.1 Company Overview
8.4 International Workplace Group plc
8.4.1 Company Overview
8.5 Servcorp Limited
8.5.1 Company Overview
8.6 The Hive Worldwide Limited (The Flexi Group)
8.6.1 Company Overview
8.7 Mindspace
8.7.1 Company Overview
8.8 Workbar
8.8.1 Company Overview
8.9 The Office Group
8.9.1 Company Overview
8.10. Newmark Group, Inc.
8.10.1 Company Overview

TABLE 1 LAMEA Coworking Spaces Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Coworking Spaces Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Coworking Spaces Market by Type, 2020 - 2023, USD Million
TABLE 4 LAMEA Coworking Spaces Market by Type, 2024 - 2031, USD Million
TABLE 5 LAMEA Corporate /Professional Market by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA Corporate /Professional Market by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA Open/ Conventional Market by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA Open/ Conventional Market by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Industry - Specific Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Industry - Specific Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Other Type Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA Other Type Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA Coworking Spaces Market by Application, 2020 - 2023, USD Million
TABLE 14 LAMEA Coworking Spaces Market by Application, 2024 - 2031, USD Million
TABLE 15 LAMEA SMEs Market by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA SMEs Market by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA Freelancers Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA Freelancers Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Large Size Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA Large Size Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Other Application Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Other Application Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Coworking Spaces Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 24 LAMEA Coworking Spaces Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 25 LAMEA Information Technology Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Information Technology Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Professional Services Market by Country, 2020 - 2023, USD Million
TABLE 28 LAMEA Professional Services Market by Country, 2024 - 2031, USD Million
TABLE 29 LAMEA BFSI Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA BFSI Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 32 LAMEA Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 33 LAMEA Recruitment Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Recruitment Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Property Market by Country, 2020 - 2023, USD Million
TABLE 36 LAMEA Property Market by Country, 2024 - 2031, USD Million
TABLE 37 LAMEA Government Market by Country, 2020 - 2023, USD Million
TABLE 38 LAMEA Government Market by Country, 2024 - 2031, USD Million
TABLE 39 LAMEA Other Industry Vertical Market by Country, 2020 - 2023, USD Million
TABLE 40 LAMEA Other Industry Vertical Market by Country, 2024 - 2031, USD Million
TABLE 41 LAMEA Coworking Spaces Market by Country, 2020 - 2023, USD Million
TABLE 42 LAMEA Coworking Spaces Market by Country, 2024 - 2031, USD Million
TABLE 43 Brazil Coworking Spaces Market, 2020 - 2023, USD Million
TABLE 44 Brazil Coworking Spaces Market, 2024 - 2031, USD Million
TABLE 45 Brazil Coworking Spaces Market by Type, 2020 - 2023, USD Million
TABLE 46 Brazil Coworking Spaces Market by Type, 2024 - 2031, USD Million
TABLE 47 Brazil Coworking Spaces Market by Application, 2020 - 2023, USD Million
TABLE 48 Brazil Coworking Spaces Market by Application, 2024 - 2031, USD Million
TABLE 49 Brazil Coworking Spaces Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 50 Brazil Coworking Spaces Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 51 Argentina Coworking Spaces Market, 2020 - 2023, USD Million
TABLE 52 Argentina Coworking Spaces Market, 2024 - 2031, USD Million
TABLE 53 Argentina Coworking Spaces Market by Type, 2020 - 2023, USD Million
TABLE 54 Argentina Coworking Spaces Market by Type, 2024 - 2031, USD Million
TABLE 55 Argentina Coworking Spaces Market by Application, 2020 - 2023, USD Million
TABLE 56 Argentina Coworking Spaces Market by Application, 2024 - 2031, USD Million
TABLE 57 Argentina Coworking Spaces Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 58 Argentina Coworking Spaces Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 59 UAE Coworking Spaces Market, 2020 - 2023, USD Million
TABLE 60 UAE Coworking Spaces Market, 2024 - 2031, USD Million
TABLE 61 UAE Coworking Spaces Market by Type, 2020 - 2023, USD Million
TABLE 62 UAE Coworking Spaces Market by Type, 2024 - 2031, USD Million
TABLE 63 UAE Coworking Spaces Market by Application, 2020 - 2023, USD Million
TABLE 64 UAE Coworking Spaces Market by Application, 2024 - 2031, USD Million
TABLE 65 UAE Coworking Spaces Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 66 UAE Coworking Spaces Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 67 Saudi Arabia Coworking Spaces Market, 2020 - 2023, USD Million
TABLE 68 Saudi Arabia Coworking Spaces Market, 2024 - 2031, USD Million
TABLE 69 Saudi Arabia Coworking Spaces Market by Type, 2020 - 2023, USD Million
TABLE 70 Saudi Arabia Coworking Spaces Market by Type, 2024 - 2031, USD Million
TABLE 71 Saudi Arabia Coworking Spaces Market by Application, 2020 - 2023, USD Million
TABLE 72 Saudi Arabia Coworking Spaces Market by Application, 2024 - 2031, USD Million
TABLE 73 Saudi Arabia Coworking Spaces Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 74 Saudi Arabia Coworking Spaces Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 75 South Africa Coworking Spaces Market, 2020 - 2023, USD Million
TABLE 76 South Africa Coworking Spaces Market, 2024 - 2031, USD Million
TABLE 77 South Africa Coworking Spaces Market by Type, 2020 - 2023, USD Million
TABLE 78 South Africa Coworking Spaces Market by Type, 2024 - 2031, USD Million
TABLE 79 South Africa Coworking Spaces Market by Application, 2020 - 2023, USD Million
TABLE 80 South Africa Coworking Spaces Market by Application, 2024 - 2031, USD Million
TABLE 81 South Africa Coworking Spaces Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 82 South Africa Coworking Spaces Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 83 Nigeria Coworking Spaces Market, 2020 - 2023, USD Million
TABLE 84 Nigeria Coworking Spaces Market, 2024 - 2031, USD Million
TABLE 85 Nigeria Coworking Spaces Market by Type, 2020 - 2023, USD Million
TABLE 86 Nigeria Coworking Spaces Market by Type, 2024 - 2031, USD Million
TABLE 87 Nigeria Coworking Spaces Market by Application, 2020 - 2023, USD Million
TABLE 88 Nigeria Coworking Spaces Market by Application, 2024 - 2031, USD Million
TABLE 89 Nigeria Coworking Spaces Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 90 Nigeria Coworking Spaces Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 91 Rest of LAMEA Coworking Spaces Market, 2020 - 2023, USD Million
TABLE 92 Rest of LAMEA Coworking Spaces Market, 2024 - 2031, USD Million
TABLE 93 Rest of LAMEA Coworking Spaces Market by Type, 2020 - 2023, USD Million
TABLE 94 Rest of LAMEA Coworking Spaces Market by Type, 2024 - 2031, USD Million
TABLE 95 Rest of LAMEA Coworking Spaces Market by Application, 2020 - 2023, USD Million
TABLE 96 Rest of LAMEA Coworking Spaces Market by Application, 2024 - 2031, USD Million
TABLE 97 Rest of LAMEA Coworking Spaces Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 98 Rest of LAMEA Coworking Spaces Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 99 Key Information – WeWork Companies LLC
TABLE 100 Key Information – The Executive Centre Limited
TABLE 101 Key Information – Techspace Group Ltd.
TABLE 102 Key Information – International Workplace Group plc
TABLE 103 Key Information – Servcorp Limited
TABLE 104 Key Information – The Hive Worldwide Limited
TABLE 105 Key Information – Mindspace
TABLE 106 Key Information – Workbar
TABLE 107 Key Information – The Office Group
TABLE 108 Key Information – Newmark Group, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Coworking Spaces Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Coworking Spaces Market
FIG 4 Porter’s Five Forces Analysis – Coworking Spaces Market
FIG 5 LAMEA Coworking Spaces Market share by Type, 2023
FIG 6 LAMEA Coworking Spaces Market share by Type, 2031
FIG 7 LAMEA Coworking Spaces Market by Type, 2020 - 2031, USD Million
FIG 8 LAMEA Coworking Spaces Market share by Application, 2023
FIG 9 LAMEA Coworking Spaces Market share by Application, 2031
FIG 10 LAMEA Coworking Spaces Market by Application, 2020 - 2031, USD Million
FIG 11 LAMEA Coworking Spaces Market share by Industry Vertical, 2023
FIG 12 LAMEA Coworking Spaces Market share by Industry Vertical, 2031
FIG 13 LAMEA Coworking Spaces Market by Industry Vertical, 2020 - 2031, USD Million
FIG 14 LAMEA Coworking Spaces Market share by Country, 2023
FIG 15 LAMEA Coworking Spaces Market share by Country, 2031
FIG 16 LAMEA Coworking Spaces Market by Country, 2020 - 2031, USD Million