Sweden Co-Working Space Market by Space Type (Shared Open Spaces, Enclosed Private Suites, Virtual Office Solutions, Event/Meeting Facilities), by Membership Type (Hot Desks, Dedicated Desks, and Others), by Business Type (Standard Coworking, and Others), by Business Model (Direct Ownership/Operation, and Others), by End User (Freelancers/Remote Workers, and Others), by Industry Vertical (Technology & IT Services, and Others) - Opportunity Analysis and Industry Forecast, 2024–2030
Industry: ICT & Media | Publish Date: 04-Nov-2025 | No of Pages: 157 | No. of Tables: 120 | No. of Figures: 65 | Format: PDF | Report Code : IC2029
Industry Overview
The Sweden Co-Working Space Market size was valued at USD 431.9 million in 2023, and is predicted to reach USD 1355.5 million by 2030, at a CAGR of 17.7% from 2024 to 2030. Co-working space represents a dynamic and adaptable solution to the evolving needs of businesses. These shared work environments offer flexibility in lease terms and space requirements, appealing particularly to startups and small enterprises seeking to avoid the upfront costs associated with traditional offices. The communal atmosphere encourages networking and collaboration among professionals from diverse fields, fostering innovation and creativity.
Equipped with modern amenities and strategically located, co-working spaces provide cost-effective, scalable, and accessible alternatives for companies seeking a central presence without the constraints of long-term leases. The industry has experienced significant growth as businesses recognize the benefits of this model, embracing the collaborative opportunities and resource-sharing inherent in co-working spaces.
Growing Startups Driven by the Rising Investments Propel the Growth of the Market
Sweden's remarkable growth in the co-working space market is driven by its robust investment climate for startups. In 2023, Sweden ranked prominently in Europe for deep tech venture capital investment and impact investment, reflecting the country's commitment to cutting-edge technologies and sustainable initiatives.
Notably, a substantial portion of the investment was secured by impact startups, highlighting Sweden's focus on fostering socially and environmentally responsible businesses. This influx of investment underscores the crucial role of managed workspaces in nurturing and supporting startups, providing them with the collaborative environments and resources necessary for growth and innovation.
Expansion of Helio Co-Working Spaces Boosts the Growth of the Market
Recent developments, such as the expansion of Helio, an independent flex office operator, further contribute to the Sweden co-working space market growth. In June 2023, Helio announced the opening of two new locations in Stockholm's vibrant Central Business District (CBD). These strategically located spaces offer professionals convenient access to major business hubs, transportation networks, and a thriving community of entrepreneurs, innovators, and creatives. The new Helio locations provide a wide range of amenities tailored to meet the diverse needs of professionals, enhancing the coworking experience and fostering collaboration and innovation. The expansion of Helio reflects the increasing demand for flexible and dynamic workspaces in Sweden, contributing to the overall growth and vibrancy of the coworking space market in the country.
Growing Concerns Related to Cybersecurity Hindering the Growth of the Market
The cybersecurity hurdle poses a significant barrier to the widespread adoption of flexible workspaces, especially for businesses handling sensitive data. These collaborative workplaces, relying on shared technology infrastructure, are vulnerable to security breaches that may lead to unauthorized access and data exposure. This concern is particularly crucial for firms entrusted with safeguarding client confidentiality and proprietary information. The communal nature of coworking spaces exacerbates risks related to network security, physical access, and device vulnerabilities, prompting apprehensions among businesses regarding the protection of sensitive information.
The Incorporation of Augmented Reality (AR) and Virtual Reality (VR) Opens Up Prospects for The Market in the Future
The integration of Augmented Reality (AR) and Virtual Reality (VR) into flexible workspace is positioned to unlock numerous growth opportunities for the Sweden co-working space market trends. These immersive technologies are set to redefine the remote collaboration experience, allowing active participation in virtual meetings, collaborative projects, and training sessions with a heightened sense of physical presence. By overcoming geographical barriers and enhancing the interactive aspect of remote work, AR and VR are expected to enhance the appeal of managed workspaces equipped with these technologies.
For instance, in May 2023, Sightful, a Tel Aviv-based company, introduced Spacetop, the world's leading Augmented Reality (AR) laptop, securing USD 61 million in funding from investors such as Aleph and Corner Ventures. Spacetop seamlessly integrates reality with AR, offering an advanced personal computing experience that surpasses the limitations of traditional laptops, thus revolutionizing the landscape of coworking and remote collaboration. This integration is positioned to attract a broader audience seeking innovative and technologically advanced solutions, thereby significantly contributing to the expansion and advancement of the coworking space market.
Competitive Landscape
The Sweden co-working space industry comprises various companies, including International IWG (Regus/Spaces), CONVENDUM, The Works, United Spaces, Mindpark, WeWork, 7A, The Park, GoWork Blivakant, Helio, The Loop, Open Office, Dockan Office, Mindspace, and others.
The Sweden Co-Working Space Market Key Segments
By Space Type
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Shared Open Spaces
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Enclosed Private Suites
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Virtual Office Solutions
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Event/Meeting Facilities
By Membership Type
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Hot Desks
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Dedicated Desks
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Private Office Leases
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Hybrid Flex Passes
By Business Type
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Standard Coworking
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Premium Managed Offices
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Niche/Specialized Spaces
By Business Model
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Direct Ownership/Operation
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Franchise/Partnership
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Real Estate Collabs
By End User
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Freelancers/Remote Workers
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Startups (<10 Employees)
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SMEs (10–250 Employees)
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Large Enterprises (>250)
By Industry Vertical
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Technology & IT Services
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Financial & Professional
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Healthcare & Life Sciences
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Manufacturing & Logistics
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Public Sector & Education
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Others
Key Players
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IWG (Regus/Spaces)
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CONVENDUM
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The Works
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United Spaces
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Mindpark
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WeWork
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7A
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The Park
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GoWork
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Blivakant
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Helio
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The Loop
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Open Office
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Dockan Office
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Mindspace
Report Scope And Segmentation
|
Parameters |
Details |
|
Market Size in 2023 |
USD 431.9 Million |
|
Revenue Forecast in 2030 |
USD 1355.5 Million |
|
Growth Rate |
CAGR of 17.7% from 2024 to 2030 |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Million (USD) |
|
Growth Factors |
|
|
Companies Profiled |
10 |
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
About the Author
Sikha Haritwal is a researcher with more than 5 years of experience. She has been keeping a close eye on several industry verticals, including construction & manufacturing, personal care products, and consumer electronics. She has avid interest in writing news articles and hopes to use blog as a platform to share her knowledge with others.
About the Reviewer
Supradip Baul is an accomplished business consultant and strategist with over a decade of rich experience in market intelligence, strategy, technology and business transformation. His work has included rigorous qualitative and quantitative analysis across multiple industries, helping clients shape investment decisions and long-term roadmaps. Earlier in his career, he was associated with Gartner, where he contributed to industry-leading reports and market share analyses. He has worked with leading global companies and holds an MBA with a dual specialization in Marketing and Finance.
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