UK 5g Internet Of Things (iot) Market Size & Outlook
UK 5g internet of things (iot) market, 2020-2030 (US$M)
Related Markets
UK 5g internet of things (iot) market highlights
- The UK 5g internet of things (iot) market generated a revenue of USD 285.6 million in 2023 and is expected to reach USD 5,263.4 million by 2030.
- The UK market is expected to grow at a CAGR of 51.6% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
5g internet of things (iot) market data book summary
| Market revenue in 2023 | USD 285.6 million |
| Market revenue in 2030 | USD 5,263.4 million |
| Growth rate | 51.6% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2020 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Nokia Oyj, Telefonaktiebolaget L M Ericsson ADR, ZTE Corp Class H, AT&T, Huawei Technologies, Verizon Communications Inc, Thales Group, Vodafone Group PLC, China Mobile, Microsoft Corp |
Other key industry trends
- In terms of revenue, UK accounted for 5.5% of the global 5g internet of things (iot) market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany 5g internet of things (iot) 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 5,263.4 million by 2030.
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5G Internet Of Things (IoT) Market Scope
5G Internet Of Things (IoT) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 5g internet of things (iot) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 5g internet of things (iot) market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 44.82% in 2023. Horizon Databook has segmented the UK 5g internet of things (iot) market based on hardware, software, services covering the revenue growth of each sub-segment from 2020 to 2030.
- UK 5G Internet Of Things (IoT) Component Outlook (Revenue, USD Million, 2020-2030)
- Hardware
- Software
- Services
- Integration and Installation
- Network Connectivity Services
- Training and Consulting
- Support and Maintenance
- UK 5G Internet Of Things (IoT) IoT Connectivity Outlook (Revenue, USD Million, 2020-2030)
- Massive IoT
- Broadband IoT
- Critical IoT
- Industrial Automation IoT
- UK 5G Internet Of Things (IoT) Network Architecture Outlook (Revenue, USD Million, 2020-2030)
- 5G Non-Standalone
- 5G Standalone
- UK 5G Internet Of Things (IoT) Vertical Outlook (Revenue, USD Million, 2020-2030)
- Manufacturing
- Smart Cities
- Energy & Utilities
- Transportation & Logistics
- Enterprises/Corporates
- Healthcare
- Oil & Gas
- Others
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Our clientele includes a mix of 5g internet of things (iot) market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the UK 5g internet of things (iot) market , including forecasts for subscribers. This country databook contains high-level insights into UK 5g internet of things (iot) market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK 5g internet of things (iot) market size, by component, 2020-2030 (US$M)
UK 5G Internet Of Things (IoT) Market Outlook Share, 2023 & 2030 (US$M)
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