When Maria Trujillo started her own graphic design firm, Aqui Designs, she tried working from home for a month but that didn't last long.
"I needed to have a broader range of interactions each day," she told CNBC.
Her solution: "I found a coworking space to work in where I have had the chance to find like-minded people and grow the human connections I was missing from working at home."
An added benefit, Trujillo said, is she can now meet clients in the space. A year after joining The Working Capitol — which has two locations in Singapore — she said much of her new business comes from people she's meeting in the coworking community.
While Trujillo's story is not uncommon for entrepreneurs in coworking spaces, more corporations are finding value in using the facilities for at least a portion of their staff.
WeWork is now valued at $20 billion, according to CB Insights. The company has gone from just 1,000 members between two locations in New York in 2010, to more than 130,000 members across 163 locations today.
From June 2016 to June 2017, the number of enterprise companies using WeWork grew by 90 percent, while the number of members from enterprise companies increased by 360 percent, according to a WeWork company spokeswoman.
A large part of WeWork's growth is also expected to take place in Asia, where it recently announced it had raised $1.4 billion in an investment led by SoftBank to expand in China, Japan and Southeast Asia.
The demand for coworking spaces in Asia is expected to grow 10 to 15 percent annually, according to real estate firm Cushman & Wakefield and association CoreNet Global.