Telecommunication Services in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The telecommunication services market is defined as the total volume and value of both the fixed line and the wireless telecommunications market. The market volume here is defined as the number of fixed-line and wireless subscriptions.
- The UK telecommunication services market recorded revenues of $42.6 billion in 2023, representing a negative compound annual growth rate (CAGR) of 2.1% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 3% between 2018 and 2023, reaching a total of 171.9 million subscriptions in 2023.
- The growth in the market is also attributed to the increase in mobile penetration. According to the World Bank, mobile penetration in the UK reached 122.0 per 100 people in 2023, an increase of 1.0% from the previous year.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the telecommunication services market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the telecommunication services market in the United Kingdom
- Leading company profiles reveal details of key telecommunication services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom telecommunication services market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the United Kingdom telecommunication services market by value in 2023?
- What will be the size of the United Kingdom telecommunication services market in 2028?
- What factors are affecting the strength of competition in the United Kingdom telecommunication services market?
- How has the market performed over the last five years?
- Who are the top competitors in the United Kingdom's telecommunication services market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BT Group plc
- VMED O2 UK Ltd
- Vodafone Group Plc