
IT Services in the United Kingdom
Description
IT Services in the United Kingdom
Summary
IT 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 IT services market involves the design, development, implementation, management, and support of information technology systems and applications for organizations. Market values include revenues generated from (a) signed deals that remain under contract and (b) new contracts signed within that calendar year.
- The UK IT services industry registered revenues of $58.2 billion in 2023, representing a compound annual growth rate (CAGR) of 5.6% between 2018 and 2023.
- The infrastructure services segment accounted for the industry's largest proportion in 2023, with total revenues of $34.6 billion, equivalent to 59.5% of the industry's overall value.
- The UK is characterized by the presence of a massive ICT industry.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the it services market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the it services market in the United Kingdom
- Leading company profiles reveal details of key it services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom it services market with five year forecasts by both value and volume
- What was the size of the United Kingdom it services market by value in 2023?
- What will be the size of the United Kingdom it services market in 2028?
- What factors are affecting the strength of competition in the United Kingdom it services market?
- How has the market performed over the last five years?
- Who are the top competitors in the United Kingdom's it services market?
Table of Contents
52 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the most recent market developments?
- 8 Company Profiles
- 8.1. International Business Machines Corporation
- 8.2. Hewlett Packard Enterprise Company
- 8.3. Atos SE
- 8.4. BT Group plc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United Kingdom IT services industry value: $ billion, 2018-23
- Table 2: United Kingdom IT services industry category segmentation: % share, by value, 2018-2023
- Table 3: United Kingdom IT services industry category segmentation: $ billion, 2018-2023
- Table 4: United Kingdom IT services industry geography segmentation: $ billion, 2023
- Table 5: United Kingdom IT services industry value forecast: $ billion, 2023-28
- Table 6: International Business Machines Corporation: key facts
- Table 7: International Business Machines Corporation: Annual Financial Ratios
- Table 8: International Business Machines Corporation: Key Employees
- Table 9: International Business Machines Corporation: Key Employees Continued
- Table 10: Hewlett Packard Enterprise Company: key facts
- Table 11: Hewlett Packard Enterprise Company: Annual Financial Ratios
- Table 12: Hewlett Packard Enterprise Company: Key Employees
- Table 13: Hewlett Packard Enterprise Company: Key Employees Continued
- Table 14: Atos SE: key facts
- Table 15: Atos SE: Annual Financial Ratios
- Table 16: Atos SE: Key Employees
- Table 17: Atos SE: Key Employees Continued
- Table 18: BT Group plc: key facts
- Table 19: BT Group plc: Annual Financial Ratios
- Table 20: BT Group plc: Key Employees
- Table 21: BT Group plc: Key Employees Continued
- Table 22: BT Group plc: Key Employees Continued
- Table 23: United Kingdom size of population (million), 2019-23
- Table 24: United Kingdom gdp (constant 2005 prices, $ billion), 2019-23
- Table 25: United Kingdom gdp (current prices, $ billion), 2019-23
- Table 26: United Kingdom inflation, 2019-23
- Table 27: United Kingdom consumer price index (absolute), 2019-23
- Table 28: United Kingdom exchange rate, 2019-23
- List of Figures
- Figure 1: United Kingdom IT services industry value: $ billion, 2018-23
- Figure 2: United Kingdom IT services industry category segmentation: $ billion, 2018-2023
- Figure 3: United Kingdom IT services industry geography segmentation: % share, by value, 2023
- Figure 4: United Kingdom IT services industry value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the IT services industry in the United Kingdom, 2023
- Figure 6: Drivers of buyer power in the IT services industry in the United Kingdom, 2023
- Figure 7: Drivers of supplier power in the IT services industry in the United Kingdom, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the IT services industry in the United Kingdom, 2023
- Figure 9: Factors influencing the threat of substitutes in the IT services industry in the United Kingdom, 2023
- Figure 10: Drivers of degree of rivalry in the IT services industry in the United Kingdom, 2023
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