The post-pandemic world has entered a decisive new chapter. Cities are alive again. Offices, cafés, and conference halls are filled with people collaborating face-to-face. Weddings, corporate summits, and cultural events are being celebrated without masks, restrictions, or hesitation. What emerged from the pandemic isn’t just a return to physical spaces — it’s a redefinition of how people work, meet, and connect.
At the center of this transformation are two closely linked industries: coworking spaces and event venues. Together, they form a multi-billion-dollar ecosystem shaping the future of work, entrepreneurship, and human interaction across North America.
A New Reality of Work and Collaboration
The pandemic normalized remote work, but the post-pandemic economy is showing a clear shift toward hybrid and in-person collaboration models. While flexibility remains essential, companies increasingly recognize the value of physical spaces for innovation, culture-building, and productivity.
This shift is visible across major cities. Traditional office vacancy rates remain elevated in many downtown cores, reflecting a move away from long-term leases and toward flexible, on-demand workspaces. Instead of committing to fixed offices, startups, enterprises, and independent professionals are choosing coworking environments that combine professional infrastructure with community, scalability, and cost efficiency.
This change is not just cultural — it’s economic.
North America Coworking Market — Revenue & Growth
Coworking is no longer a niche segment. It is now a multi-billion-dollar industry with strong long-term momentum.
Market Size in USD (North America)
USD Billions
2023: 5.3B
2025: 8.7B
2030: 10.9B
2032: 12.7B
(Global market by 2033: 58B+)
What This Means
- North America represents the largest regional share of the global coworking market, driven by strong adoption in the U.S. and Canada.
- Revenue is projected to more than double within a decade, fueled by hybrid work models, corporate team usage, and the rise of freelance and startup economies.
- Enterprises are increasingly using coworking spaces as satellite offices, innovation hubs, and regional team centers, rather than signing long-term commercial leases.
Beyond square footage, coworking has become a service-driven economy — memberships, private offices, meeting rooms, and day-use workspaces are generating sustained recurring revenue across thousands of locations.
The Return of In-Person Events: A Massive Economic Engine
While coworking reflects how people work, the events industry reflects how people celebrate, network, and build relationships.
From corporate conferences and trade shows to weddings, concerts, and private gatherings, North America’s event economy has rebounded at an extraordinary scale.
Events & Venue Market — Revenue Scale
USD Billions
North America Events Industry (2024): ~464B
2030 Projection: ~900B+
2035 Projection: ~1.58T
Shared Event Venues (North America, 2024): ~18B
Meeting & Conference Space Rentals (2024): ~15B
U.S. MICE Market (2025): ~146B
Why This Growth Is Exploding
- Corporate events are back — leadership summits, industry expos, and client conferences are returning as in-person engagement proves more effective than virtual formats.
- Social celebrations are surging — weddings, milestone events, cultural gatherings, and private parties are booking venues at record rates.
- Tourism and entertainment spending is rebounding, feeding into large-scale venue demand across major metro areas.
For venue owners, this means consistent demand not only for large halls and convention centers, but also for flexible, bookable spaces — private studios, coworking event rooms, creative venues, and hybrid meeting spaces.
The Five-Year Outlook: Where the Market Is Headed
Over the next five years, the coworking and event space markets are expected to grow in parallel — reinforcing each other.
Projected Trends (2026–2031)
📈 Coworking
- Continued double-digit revenue growth across North America
- Increased demand from remote-first companies establishing regional hubs
- Rising use of coworking spaces for team offsites, training sessions, and networking events
📈 Event Spaces
- Strong growth in corporate bookings and industry conferences
- Higher demand for mid-size, flexible venues, not just traditional convention centers
- Expansion of multi-use spaces that function as coworking locations by day and event venues by night
This convergence is reshaping how space is monetized — transforming physical locations into high-yield, multi-purpose assets rather than single-use properties.
Where Technology Meets Physical Space
As this ecosystem grows, the challenge is no longer demand — it’s discovery, access, and efficiency.
Professionals, founders, and event organizers increasingly expect the same simplicity in booking physical spaces that they experience when booking travel, accommodations, or software services.
This is where platforms like Kangrooo naturally fit into the evolving market landscape.
Rather than operating as a traditional listing directory, Kangrooo functions as a space-discovery and booking platform— connecting users with coworking and event venues across North America through a streamlined digital experience. For hosts, it provides visibility and demand generation. For users, it reduces friction in finding the right space for work, collaboration, or celebration.
In a market measured in billions of dollars annually, platforms that improve space utilization and accessibility become critical infrastructure — not just convenience tools.
You can explore available coworking and event spaces at Kangrooo.
Beyond Recovery: A New Economic Category
This is not a return to pre-pandemic norms — it’s the formation of a new category of space economy:
- Workspaces that double as community hubs
- Event venues that function as collaboration centers
- Physical locations supported by digital marketplaces
Together, coworking and event spaces now represent one of the most dynamic segments in North America’s post-pandemic economy — blending real estate, technology, hospitality, and professional services into a unified growth engine.
Final Perspective
The post-pandemic world is no longer defined by distance or digital isolation. It is being shaped by connection, presence, and experience.
With coworking revenues climbing past $10 billion in North America alone and the broader events industry moving toward a trillion-dollar future, the market is sending a clear signal: people want to work together, meet together, and celebrate together — in real spaces, with real impact.
And as this ecosystem expands, the platforms that bridge people and places will quietly power the next era of how we use physical space in a digital world.
