UK IoT Market Size 2025-2029
The IoT market size in UK is forecast to increase by USD 25.74 billion at a CAGR of 12.5% between 2024 and 2029.
- The Internet of Things (IoT) market is experiencing significant growth, driven by the implementation of Industry 4.0 and the increasing diversity in IoT standards. Industry 4.0, the fourth industrial revolution, is transforming industries by integrating physical and digital systems, creating new opportunities for IoT devices. Meanwhile, the growing diversity in IoT standards presents both challenges and opportunities, as businesses navigate the complex landscape of interoperability and compatibility. However, the lack of awareness about IoT devices among some organizations and individuals may hinder market growth. Advancements in technologies such as 5G networks, edge computing, big data, AI, and Industry 4.0 are transforming the IoT landscape. Moreover, the expansion of mobile network infrastructure and the increasing adoption of cloud computing in North America are major drivers for the market.
- These trends and challenges highlight the need for a deep understanding of the IoT market dynamics, which this market trends and analysis report aims to provide. By exploring the key drivers, trends, and challenges shaping the IoT market, businesses can make informed decisions and capitalize on the opportunities presented by this rapidly evolving technology.
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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 Market Segmentation by Component
- Executive Summary - Chart on Market Segmentation by Deployment
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK: Year-over-year growth 2024-2029 (%)
- Data Table on UK: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5.1 IoT Market in UK 2019 - 2023
- Historic Market Size - Data Table on IoT Market in UK 2019 - 2023 ($ million)
- 5.2 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ million)
- 5.3 Technology segment analysis 2019 - 2023
- Historic Market Size - Technology Segment 2019 - 2023 ($ million)
- 5.4 Component segment analysis 2019 - 2023
- Historic Market Size - Component Segment 2019 - 2023 ($ million)
- 5.5 Deployment segment analysis 2019 - 2023
- Historic Market Size - Deployment Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
- 6.1 Impact of AI on IoT Market in UK
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by End-user
- 8.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)
- 8.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 8.3 Industrial - Market size and forecast 2024-2029
- Chart on Industrial - Market size and forecast 2024-2029 ($ million)
- Data Table on Industrial - Market size and forecast 2024-2029 ($ million)
- Chart on Industrial - Year-over-year growth 2024-2029 (%)
- Data Table on Industrial - Year-over-year growth 2024-2029 (%)
- 8.4 Retail - Market size and forecast 2024-2029
- Chart on Retail - Market size and forecast 2024-2029 ($ million)
- Data Table on Retail - Market size and forecast 2024-2029 ($ million)
- Chart on Retail - Year-over-year growth 2024-2029 (%)
- Data Table on Retail - Year-over-year growth 2024-2029 (%)
- 8.5 Healthcare - Market size and forecast 2024-2029
- Chart on Healthcare - Market size and forecast 2024-2029 ($ million)
- Data Table on Healthcare - Market size and forecast 2024-2029 ($ million)
- Chart on Healthcare - Year-over-year growth 2024-2029 (%)
- Data Table on Healthcare - Year-over-year growth 2024-2029 (%)
- 8.6 ICT - Market size and forecast 2024-2029
- Chart on ICT - Market size and forecast 2024-2029 ($ million)
- Data Table on ICT - Market size and forecast 2024-2029 ($ million)
- Chart on ICT - Year-over-year growth 2024-2029 (%)
- Data Table on ICT - Year-over-year growth 2024-2029 (%)
- 8.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
- 8.8 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)
9 Market Segmentation by Technology
- 9.1 Market segments
- Chart on Technology - Market share 2024-2029 (%)
- Data Table on Technology - Market share 2024-2029 (%)
- 9.2 Comparison by Technology
- Chart on Comparison by Technology
- Data Table on Comparison by Technology
- 9.3 RFID - Market size and forecast 2024-2029
- Chart on RFID - Market size and forecast 2024-2029 ($ million)
- Data Table on RFID - Market size and forecast 2024-2029 ($ million)
- Chart on RFID - Year-over-year growth 2024-2029 (%)
- Data Table on RFID - Year-over-year growth 2024-2029 (%)
- 9.4 Sensors - Market size and forecast 2024-2029
- Chart on Sensors - Market size and forecast 2024-2029 ($ million)
- Data Table on Sensors - Market size and forecast 2024-2029 ($ million)
- Chart on Sensors - Year-over-year growth 2024-2029 (%)
- Data Table on Sensors - Year-over-year growth 2024-2029 (%)
- 9.5 NFC - Market size and forecast 2024-2029
- Chart on NFC - Market size and forecast 2024-2029 ($ million)
- Data Table on NFC - Market size and forecast 2024-2029 ($ million)
- Chart on NFC - Year-over-year growth 2024-2029 (%)
- Data Table on NFC - Year-over-year growth 2024-2029 (%)
- 9.6 Cloud services - Market size and forecast 2024-2029
- Chart on Cloud services - Market size and forecast 2024-2029 ($ million)
- Data Table on Cloud services - Market size and forecast 2024-2029 ($ million)
- Chart on Cloud services - Year-over-year growth 2024-2029 (%)
- Data Table on Cloud services - Year-over-year growth 2024-2029 (%)
- 9.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
- 9.8 Market opportunity by Technology
- Market opportunity by Technology ($ million)
- Data Table on Market opportunity by Technology ($ million)
10 Market Segmentation by Component
- 10.1 Market segments
- Chart on Component - Market share 2024-2029 (%)
- Data Table on Component - Market share 2024-2029 (%)
- 10.2 Comparison by Component
- Chart on Comparison by Component
- Data Table on Comparison by Component
- 10.3 Hardware - Market size and forecast 2024-2029
- Chart on Hardware - Market size and forecast 2024-2029 ($ million)
- Data Table on Hardware - Market size and forecast 2024-2029 ($ million)
- Chart on Hardware - Year-over-year growth 2024-2029 (%)
- Data Table on Hardware - Year-over-year growth 2024-2029 (%)
- 10.4 Software - Market size and forecast 2024-2029
- Chart on Software - Market size and forecast 2024-2029 ($ million)
- Data Table on Software - Market size and forecast 2024-2029 ($ million)
- Chart on Software - Year-over-year growth 2024-2029 (%)
- Data Table on Software - Year-over-year growth 2024-2029 (%)
- 10.5 Services - Market size and forecast 2024-2029
- Chart on Services - Market size and forecast 2024-2029 ($ million)
- Data Table on Services - Market size and forecast 2024-2029 ($ million)
- Chart on Services - Year-over-year growth 2024-2029 (%)
- Data Table on Services - Year-over-year growth 2024-2029 (%)
- 10.6 Market opportunity by Component
- Market opportunity by Component ($ million)
- Data Table on Market opportunity by Component ($ million)
11 Market Segmentation by Deployment
- 11.1 Market segments
- Chart on Deployment - Market share 2024-2029 (%)
- Data Table on Deployment - Market share 2024-2029 (%)
- 11.2 Comparison by Deployment
- Chart on Comparison by Deployment
- Data Table on Comparison by Deployment
- 11.3 Cloud-based - Market size and forecast 2024-2029
- Chart on Cloud-based - Market size and forecast 2024-2029 ($ million)
- Data Table on Cloud-based - Market size and forecast 2024-2029 ($ million)
- Chart on Cloud-based - Year-over-year growth 2024-2029 (%)
- Data Table on Cloud-based - Year-over-year growth 2024-2029 (%)
- 11.4 On-premises - Market size and forecast 2024-2029
- Chart on On-premises - Market size and forecast 2024-2029 ($ million)
- Data Table on On-premises - Market size and forecast 2024-2029 ($ million)
- Chart on On-premises - Year-over-year growth 2024-2029 (%)
- Data Table on On-premises - Year-over-year growth 2024-2029 (%)
- 11.5 Market opportunity by Deployment
- Market opportunity by Deployment ($ million)
- Data Table on Market opportunity by Deployment ($ million)
12 Customer Landscape
- 12.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
13 Drivers, Challenges, and Opportunity/Restraints
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 13.4 Market opportunities/restraints
14 Competitive Landscape
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15.2 Company ranking index
- 15.3 Market positioning of companies
- Matrix on companies position and classification
- 8power Ltd.
- 8power Ltd. - Overview
- 8power Ltd. - Product / Service
- 8power Ltd. - Key offerings
- SWOT
- 15.5 Adaptive Wireless Solutions Ltd.
- Adaptive Wireless Solutions Ltd. - Overview
- Adaptive Wireless Solutions Ltd. - Product / Service
- Adaptive Wireless Solutions Ltd. - Key offerings
- SWOT
- 15.6 Altiux Innovations Pvt. Ltd.
- Altiux Innovations Pvt. Ltd. - Overview
- Altiux Innovations Pvt. Ltd. - Product / Service
- Altiux Innovations Pvt. Ltd. - Key offerings
- SWOT
- 15.7 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
- SWOT
- 15.8 Apple Inc.
- Apple Inc. - Overview
- Apple Inc. - Business segments
- Apple Inc. - Key news
- Apple Inc. - Key offerings
- Apple Inc. - Segment focus
- SWOT
- 15.9 Arm Ltd.
- Arm Ltd. - Overview
- Arm Ltd. - Product / Service
- Arm Ltd. - Key offerings
- SWOT
- 15.10 AT and T Inc.
- AT and T Inc. - Overview
- AT and T Inc. - Business segments
- AT and T Inc. - Key news
- AT and T Inc. - Key offerings
- AT and T Inc. - Segment focus
- SWOT
- 15.11 Eseye Ltd.
- Eseye Ltd. - Overview
- Eseye Ltd. - Product / Service
- Eseye Ltd. - Key offerings
- SWOT
- 15.12 EVRYTHNG Ltd.
- EVRYTHNG Ltd. - Overview
- EVRYTHNG Ltd. - Product / Service
- EVRYTHNG Ltd. - Key offerings
- SWOT
- 15.13 General Electric Co.
- General Electric Co. - Overview
- General Electric Co. - Business segments
- General Electric Co. - Key news
- General Electric Co. - Key offerings
- General Electric Co. - Segment focus
- SWOT
- 15.14 Hewlett Packard Enterprise Co.
- Hewlett Packard Enterprise Co. - Overview
- Hewlett Packard Enterprise Co. - Business segments
- Hewlett Packard Enterprise Co. - Key news
- Hewlett Packard Enterprise Co. - Key offerings
- Hewlett Packard Enterprise Co. - Segment focus
- SWOT
- 15.15 Intel Corp.
- Intel Corp. - Overview
- Intel Corp. - Business segments
- Intel Corp. - Key news
- Intel Corp. - Key offerings
- Intel Corp. - Segment focus
- SWOT
- 15.16 Microsoft Corp.
- Microsoft Corp. - Overview
- Microsoft Corp. - Business segments
- Microsoft Corp. - Key news
- Microsoft Corp. - Key offerings
- Microsoft Corp. - Segment focus
- SWOT
- 15.17 Oracle Corp.
- Oracle Corp. - Overview
- Oracle Corp. - Business segments
- Oracle Corp. - Key news
- Oracle Corp. - Key offerings
- Oracle Corp. - Segment focus
- SWOT
- 15.18 Robert Bosch GmbH
- Robert Bosch GmbH - Overview
- Robert Bosch GmbH - Product / Service
- Robert Bosch GmbH - Key news
- Robert Bosch GmbH - Key offerings
- SWOT
16 Appendix
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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