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Iot Market in UK 2024-2028

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    Report

  • 130 Pages
  • October 2024
  • Region: United Kingdom
  • TechNavio
  • ID: 5504908
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The IoT market in UK is forecasted to grow by USD 21.31 billion during 2023-2028, accelerating at a CAGR of 11.6% during the forecast period. The report on the IoT market in UK provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by industry 4.0, growing demand for smart homes, and large-scale benefits of using IoT devices.

The IoT market in UK is segmented as below:

By End-user

  • Industrial
  • Retail
  • Healthcare
  • ICT
  • Others

By Technology

  • RFID
  • Sensors
  • NFC
  • Cloud services
  • Others

By Geographical Landscape

  • Europe
This study identifies the growing diversity in IoT standards as one of the prime reasons driving the IoT market in UK growth during the next few years. Also, development of open wi-fi networks and investments in IoT startups will lead to sizable demand in the market.

The report on the IoT market in UK covers the following areas:

  • IoT Market in UK sizing
  • IoT Market in UK forecast
  • IoT Market in UK industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading IoT market in UK vendors that include 8power Ltd., Adaptive Wireless Solutions Ltd., Alphabet Inc., Altiux Innovations Pvt. Ltd., Amazon.com Inc., Apple Inc., Arm Ltd., AT&T Inc., Cognizant Technology Solutions Corp., Eseye Ltd., EVRYTHNG Ltd., General Electric Co., Hewlett Packard Enterprise Co., Intel Corp., Microsoft Corp., Oracle Corp., Robert Bosch GmbH, and Toshiba Corp. Also, the IoT market in UK analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Country Market Characteristics
  • Executive Summary - Chart on Market Segmentation by End-user
  • Executive Summary - Chart on Market Segmentation by Technology
  • Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
2.2 Market characteristics
  • Market characteristics analysis
2.3 Value chain analysis
  • Value Chain Analysis
3 Market Sizing
3.1 Market definition
  • Offerings of companies included in the market definition
3.2 Market segment analysis
  • Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
  • Chart on UK - Market size and forecast 2023-2028 ($ million)
  • Data Table on UK - Market size and forecast 2023-2028 ($ million)
  • Chart on UK: Year-over-year growth 2023-2028 (%)
  • Data Table on UK: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 IoT Market in UK 2018 - 2022
  • Historic Market Size - Data Table on IoT Market in UK 2018 - 2022 ($ million)
4.2 End-user segment analysis 2018 - 2022
  • Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Technology segment analysis 2018 - 2022
  • Historic Market Size - Technology Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by End-user
6.1 Market segments
  • Chart on End-user - Market share 2023-2028 (%)
  • Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
  • Chart on Comparison by End-user
  • Data Table on Comparison by End-user
6.3 Industrial - Market size and forecast 2023-2028
  • Chart on Industrial - Market size and forecast 2023-2028 ($ million)
  • Data Table on Industrial - Market size and forecast 2023-2028 ($ million)
  • Chart on Industrial - Year-over-year growth 2023-2028 (%)
  • Data Table on Industrial - Year-over-year growth 2023-2028 (%)
6.4 Retail - Market size and forecast 2023-2028
  • Chart on Retail - Market size and forecast 2023-2028 ($ million)
  • Data Table on Retail - Market size and forecast 2023-2028 ($ million)
  • Chart on Retail - Year-over-year growth 2023-2028 (%)
  • Data Table on Retail - Year-over-year growth 2023-2028 (%)
6.5 Healthcare - Market size and forecast 2023-2028
  • Chart on Healthcare - Market size and forecast 2023-2028 ($ million)
  • Data Table on Healthcare - Market size and forecast 2023-2028 ($ million)
  • Chart on Healthcare - Year-over-year growth 2023-2028 (%)
  • Data Table on Healthcare - Year-over-year growth 2023-2028 (%)
6.6 ICT - Market size and forecast 2023-2028
  • Chart on ICT - Market size and forecast 2023-2028 ($ million)
  • Data Table on ICT - Market size and forecast 2023-2028 ($ million)
  • Chart on ICT - Year-over-year growth 2023-2028 (%)
  • Data Table on ICT - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
  • Chart on Others - Market size and forecast 2023-2028 ($ million)
  • Data Table on Others - Market size and forecast 2023-2028 ($ million)
  • Chart on Others - Year-over-year growth 2023-2028 (%)
  • Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by End-user
  • Market opportunity by End-user ($ million)
  • Data Table on Market opportunity by End-user ($ million)
7 Market Segmentation by Technology
7.1 Market segments
  • Chart on Technology - Market share 2023-2028 (%)
  • Data Table on Technology - Market share 2023-2028 (%)
7.2 Comparison by Technology
  • Chart on Comparison by Technology
  • Data Table on Comparison by Technology
7.3 RFID - Market size and forecast 2023-2028
  • Chart on RFID - Market size and forecast 2023-2028 ($ million)
  • Data Table on RFID - Market size and forecast 2023-2028 ($ million)
  • Chart on RFID - Year-over-year growth 2023-2028 (%)
  • Data Table on RFID - Year-over-year growth 2023-2028 (%)
7.4 Sensors - Market size and forecast 2023-2028
  • Chart on Sensors - Market size and forecast 2023-2028 ($ million)
  • Data Table on Sensors - Market size and forecast 2023-2028 ($ million)
  • Chart on Sensors - Year-over-year growth 2023-2028 (%)
  • Data Table on Sensors - Year-over-year growth 2023-2028 (%)
7.5 NFC - Market size and forecast 2023-2028
  • Chart on NFC - Market size and forecast 2023-2028 ($ million)
  • Data Table on NFC - Market size and forecast 2023-2028 ($ million)
  • Chart on NFC - Year-over-year growth 2023-2028 (%)
  • Data Table on NFC - Year-over-year growth 2023-2028 (%)
7.6 Cloud services - Market size and forecast 2023-2028
  • Chart on Cloud services - Market size and forecast 2023-2028 ($ million)
  • Data Table on Cloud services - Market size and forecast 2023-2028 ($ million)
  • Chart on Cloud services - Year-over-year growth 2023-2028 (%)
  • Data Table on Cloud services - Year-over-year growth 2023-2028 (%)
7.7 Others - Market size and forecast 2023-2028
  • Chart on Others - Market size and forecast 2023-2028 ($ million)
  • Data Table on Others - Market size and forecast 2023-2028 ($ million)
  • Chart on Others - Year-over-year growth 2023-2028 (%)
  • Data Table on Others - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Technology
  • Market opportunity by Technology ($ million)
  • Data Table on Market opportunity by Technology ($ million)
8 Customer Landscape
8.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
  • Overview on factors of disruption
10.4 Industry risks
  • Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
  • Companies covered
11.2 Market positioning of companies
  • Matrix on companies position and classification
  • 8power Ltd.
  • 8power Ltd. - Overview
  • 8power Ltd. - Product / Service
  • 8power Ltd. - Key offerings
11.4 Adaptive Wireless Solutions Ltd.
  • Adaptive Wireless Solutions Ltd. - Overview
  • Adaptive Wireless Solutions Ltd. - Product / Service
  • Adaptive Wireless Solutions Ltd. - Key offerings
11.5 Altiux Innovations Pvt. Ltd.
  • Altiux Innovations Pvt. Ltd. - Overview
  • Altiux Innovations Pvt. Ltd. - Product / Service
  • Altiux Innovations Pvt. Ltd. - Key offerings
11.6 Amazon.com Inc.
  • Amazon.com Inc. - Overview
  • Amazon.com Inc. - Business segments
  • Amazon.com Inc. - Key news
  • Amazon.com Inc. - Key offerings
  • Amazon.com Inc. - Segment focus
11.7 Apple Inc.
  • Apple Inc. - Overview
  • Apple Inc. - Business segments
  • Apple Inc. - Key news
  • Apple Inc. - Key offerings
  • Apple Inc. - Segment focus
11.8 Arm Ltd.
  • Arm Ltd. - Overview
  • Arm Ltd. - Product / Service
  • Arm Ltd. - Key offerings
11.9 AT&T Inc.
  • AT&T Inc. - Overview
  • AT&T Inc. - Business segments
  • AT&T Inc. - Key news
  • AT&T Inc. - Key offerings
  • AT&T Inc. - Segment focus
11.10 Eseye Ltd.
  • Eseye Ltd. - Overview
  • Eseye Ltd. - Product / Service
  • Eseye Ltd. - Key offerings
11.11 EVRYTHNG Ltd.
  • EVRYTHNG Ltd. - Overview
  • EVRYTHNG Ltd. - Product / Service
  • EVRYTHNG Ltd. - Key offerings
11.12 Oracle Corp.
  • Oracle Corp. - Overview
  • Oracle Corp. - Business segments
  • Oracle Corp. - Key news
  • Oracle Corp. - Key offerings
  • Oracle Corp. - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
12.3 Currency conversion rates for US$
  • Currency conversion rates for US$
12.4 Research methodology
  • Research methodology
12.5 Data procurement
  • Information sources
12.6 Data validation
  • Data validation
12.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
12.8 Data synthesis
  • Data synthesis
12.9 360 degree market analysis
  • 360 degree market analysis
12.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 5: Executive Summary - Chart on Market Segmentation by Technology
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 14: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 15: Chart on UK: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on UK: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on IoT Market in UK 2018 - 2022 ($ million)
Exhibits 18: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits 19: Historic Market Size - Technology Segment 2018 - 2022 ($ million)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on End-user - Market share 2023-2028 (%)
Exhibits 28: Data Table on End-user - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by End-user
Exhibits 30: Data Table on Comparison by End-user
Exhibits 31: Chart on Industrial - Market size and forecast 2023-2028 ($ million)
Exhibits 32: Data Table on Industrial - Market size and forecast 2023-2028 ($ million)
Exhibits 33: Chart on Industrial - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Industrial - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Retail - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Retail - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Retail - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Retail - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Healthcare - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on Healthcare - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on Healthcare - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Healthcare - Year-over-year growth 2023-2028 (%)
Exhibits 43: Chart on ICT - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Data Table on ICT - Market size and forecast 2023-2028 ($ million)
Exhibits 45: Chart on ICT - Year-over-year growth 2023-2028 (%)
Exhibits 46: Data Table on ICT - Year-over-year growth 2023-2028 (%)
Exhibits 47: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 48: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 49: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 50: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 51: Market opportunity by End-user ($ million)
Exhibits 52: Data Table on Market opportunity by End-user ($ million)
Exhibits 53: Chart on Technology - Market share 2023-2028 (%)
Exhibits 54: Data Table on Technology - Market share 2023-2028 (%)
Exhibits 55: Chart on Comparison by Technology
Exhibits 56: Data Table on Comparison by Technology
Exhibits 57: Chart on RFID - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on RFID - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on RFID - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on RFID - Year-over-year growth 2023-2028 (%)
Exhibits 61: Chart on Sensors - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Data Table on Sensors - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Chart on Sensors - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on Sensors - Year-over-year growth 2023-2028 (%)
Exhibits 65: Chart on NFC - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Data Table on NFC - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Chart on NFC - Year-over-year growth 2023-2028 (%)
Exhibits 68: Data Table on NFC - Year-over-year growth 2023-2028 (%)
Exhibits 69: Chart on Cloud services - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Data Table on Cloud services - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Chart on Cloud services - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on Cloud services - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 77: Market opportunity by Technology ($ million)
Exhibits 78: Data Table on Market opportunity by Technology ($ million)
Exhibits 79: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 80: Impact of drivers and challenges in 2023 and 2028
Exhibits 81: Overview on criticality of inputs and factors of differentiation
Exhibits 82: Overview on factors of disruption
Exhibits 83: Impact of key risks on business
Exhibits 84: Companies covered
Exhibits 85: Matrix on companies position and classification
Exhibits 86: 8power Ltd. - Overview
Exhibits 87: 8power Ltd. - Product / Service
Exhibits 88: 8power Ltd. - Key offerings
Exhibits 89: Adaptive Wireless Solutions Ltd. - Overview
Exhibits 90: Adaptive Wireless Solutions Ltd. - Product / Service
Exhibits 91: Adaptive Wireless Solutions Ltd. - Key offerings
Exhibits 92: Altiux Innovations Pvt. Ltd. - Overview
Exhibits 93: Altiux Innovations Pvt. Ltd. - Product / Service
Exhibits 94: Altiux Innovations Pvt. Ltd. - Key offerings
Exhibits 95: Amazon.com Inc. - Overview
Exhibits 96: Amazon.com Inc. - Business segments
Exhibits 97: Amazon.com Inc. - Key news
Exhibits 98: Amazon.com Inc. - Key offerings
Exhibits 99: Amazon.com Inc. - Segment focus
Exhibits 100: Apple Inc. - Overview
Exhibits 101: Apple Inc. - Business segments
Exhibits 102: Apple Inc. - Key news
Exhibits 103: Apple Inc. - Key offerings
Exhibits 104: Apple Inc. - Segment focus
Exhibits 105: Arm Ltd. - Overview
Exhibits 106: Arm Ltd. - Product / Service
Exhibits 107: Arm Ltd. - Key offerings
Exhibits 108: AT&T Inc. - Overview
Exhibits 109: AT&T Inc. - Business segments
Exhibits 110: AT&T Inc. - Key news
Exhibits 111: AT&T Inc. - Key offerings
Exhibits 112: AT&T Inc. - Segment focus
Exhibits 113: Eseye Ltd. - Overview
Exhibits 114: Eseye Ltd. - Product / Service
Exhibits 115: Eseye Ltd. - Key offerings
Exhibits 116: EVRYTHNG Ltd. - Overview
Exhibits 117: EVRYTHNG Ltd. - Product / Service
Exhibits 118: EVRYTHNG Ltd. - Key offerings
Exhibits 119: Oracle Corp. - Overview
Exhibits 120: Oracle Corp. - Business segments
Exhibits 121: Oracle Corp. - Key news
Exhibits 122: Oracle Corp. - Key offerings
Exhibits 123: Oracle Corp. - Segment focus
Exhibits 124: Inclusions checklist
Exhibits 125: Exclusions checklist
Exhibits 126: Currency conversion rates for US$
Exhibits 127: Research methodology
Exhibits 128: Information sources
Exhibits 129: Data validation
Exhibits 130: Validation techniques employed for market sizing
Exhibits 131: Data synthesis
Exhibits 132: 360 degree market analysis
Exhibits 133: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the IoT market in UK: 8power Ltd., Adaptive Wireless Solutions Ltd., Alphabet Inc., Altiux Innovations Pvt. Ltd., Amazon.com Inc., Apple Inc., Arm Ltd., AT&T Inc., Cognizant Technology Solutions Corp., Eseye Ltd., EVRYTHNG Ltd., General Electric Co., Hewlett Packard Enterprise Co., Intel Corp., Microsoft Corp., Oracle Corp., Robert Bosch GmbH, and Toshiba Corp..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing diversity in IoT standards."

According to the report, one of the major drivers for this market is the industry 4.0.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 8power Ltd.
  • Adaptive Wireless Solutions Ltd.
  • Alphabet Inc.
  • Altiux Innovations Pvt. Ltd.
  • Amazon.com Inc.
  • Apple Inc.
  • Arm Ltd.
  • AT&T Inc.
  • Cognizant Technology Solutions Corp.
  • Eseye Ltd.
  • EVRYTHNG Ltd.
  • General Electric Co.
  • Hewlett Packard Enterprise Co.
  • Intel Corp.
  • Microsoft Corp.
  • Oracle Corp.
  • Robert Bosch GmbH
  • Toshiba Corp.