Close to 3 Million People Living in Co-Living Facilities Globally; Mkt Valued at $7.5B: Report

Wednesday, 11 Dec, 12.01 pm

Asia is the biggest market by far, with Europe and US catching up quickly

The coliving market globally is now worth close to $7.5 Billion (Up from $6.3 Billion in 2018) with close to 3 Million people living in organized coliving setups across the world, said a report published by TheHouseMonk. China is the breakaway global leader with more than 2.5 Million people staying in coliving facilities and about $6.7 Billion being paid to coliving companies as rent in 2019. India is the 2nd largest market by number of colivers with 130,000 people who are paying a collective rent of $270 Million.