UK Telecom Services Market Size & Outlook, 2025-2030

The telecom services market in UK is expected to reach a projected revenue of US$ 179,751.4 million by 2030. A compound annual growth rate of 6.7% is expected of UK telecom services market from 2026 to 2030.
Revenue, 2025 (US$M)
$130,491.8
Forecast, 2030 (US$M)
$179,751.4
CAGR, 2026 - 2030
6.7%
Report Coverage
UK

UK telecom services market highlights

  • The UK telecom services market generated a revenue of USD 130,491.8 million in 2025 and is expected to reach USD 179,751.4 million by 2030.
  • The UK market is expected to grow at a CAGR of 6.7% from 2026 to 2030.
  • In terms of segment, mobile data services was the largest revenue generating service type in 2025.
  • Mobile Data Services is the most lucrative service type segment registering the fastest growth during the forecast period.

Telecom services market data book summary

Market revenue in 2025USD 130,491.8 million
Market revenue in 2030USD 179,751.4 million
Growth rate6.7% (CAGR from 2026 to 2030)
Largest segmentMobile data services
Fastest growing segmentMobile Data Services
Historical data2018 - 2024
Base year2025
Forecast period2026 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFixed Voice Services, Fixed Internet Access Services, Mobile Voice Services, Mobile Data Services, Pay TV Services, Machine-to-Machine (Mobile IoT) Services
Key market players worldwideAT&T, Verizon Communications Inc, Nippon Telegraph & Telephone Corp, China Mobile, Deutsche Telekom AG, SoftBank Group Corp, Telefonica SA, Vodafone Group PLC, KT Corp ADR, Reliance Inc, KDDI Corp, Orange SA, BT Group PLC, Comcast Corp Class A

Other key industry trends

  • In terms of revenue, UK accounted for 6.2% of the global telecom services market in 2025.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany telecom services market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 179,751.4 million by 2030.

Mobile data services was the largest segment with a revenue share of 37.96% in 2025. Horizon Databook has segmented the UK telecom services market based on fixed voice services, fixed internet access services, mobile voice services, mobile data services, pay tv services, machine-to-machine (mobile iot) services covering the revenue growth of each sub-segment from 2018 to 2030.


The U.K.’s telecommunications industry is characterized by technology-driven changes, delivering new, innovative services to both consumers and businesses. According to the Office of Communications (Ofcom), as of Q2/2023, there were 28.2 million fixed broadband lines in the U.K., an increase of 139,000, or 0.5%, over the year. 

In addition, there were 20.3 million fiber-to-the-cabinet and full fiber broadband connections as of Q2/2023, accounting for 72.0% of all lines. The total number of fixed lines, including ISDN channels, PSTN lines, and managed VoIP connections, stood at 28.6 million during the quarter. 

The increasing number of fixed-line and broadband connections across the country can be considered a major factor contributing to the growth of the market.

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Telecom Services Market Companies

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UK telecom services market size, by service type, 2018-2030 (US$M)

UK Telecom Services Market Outlook Share, 2025 & 2030 (US$M)

UK telecom services market size, by service type, 2018-2030 (US$M)

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