European total investment in Future of Work (FoW) transformation 2021, by category
In 2021, European total investment in Future of Work (FoW) is expected to surpass 145 billion U.S. dollars. With 46 billion U.S. dollars, the hardware category will take up approximately one-third of these expenditures. The remaining categories are software and IT services. As the COVID-19 pandemic accelerated digital transformation processes and the adoption of new working models, European organizations are investing in workspace, culture, and augmentation to enhance employee experience and boost workspace transformation.