Iot Market in UK 2025-2029

IOT Market In UK 2025-2029

The iot market in uk is forecasted to grow by USD 25736.5 mn during 2024-2029, accelerating at a CAGR of 12.5% 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 implementation, growing demand for smart homes, and large-scale benefits of using iot devices.

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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's 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 Component

• Hardware
• Software
• Services

By Deployment

• Cloud-based
• On-premises

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

The robust vendor analysis 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., Altiux Innovations Pvt. Ltd., Amazon.com Inc., Apple Inc., Arm Ltd., AT and 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., and Waymo LLC. 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 publisher 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.