Report Description

United Kingdom Internet of Things (IoT) market is projected to grow at high rate during the forecast period, due to the surging demand for smart devices, such as watches, phones and fitness bands, among others. Moreover, the market for the internet of things is expanding due to the day to day benefits of the technology. However, uncertain return on investment and integration with the existing technologies are the barriers for the growth of the market. Based on the application, home automation and transportation application segments are the major segments and the trend is likely to continue in the forecast period due to the increased usage of managed hosting to cloud services and technological advancements.

Based on the component, the market has been bifurcated into service and software. The service segment is expected to grow at impressive rate during the forecast period due to the increasing adoption of connected devices across organizations. England is expected to grow at high rate during the forecast period due to the rising implementation of IoT in the region and large population base.  

Some of the leading players in the United Kingdom internet of things (IoT) market are Cognizant, Bosch, Intel Corporation, Google Inc, Hewlett Packard Enterprise, General Electric, Microsoft Corporation, Amazon Web Services, Inc., International Business Machine (IBM) Corporation, Oracle Corporation etc.

Objective of the Study:

  • To analyze and forecast the market size of United Kingdom internet of things (IoT) market, in terms of value.
  • To classify and forecast United Kingdom internet of things (IoT) market based on platform, component, application and regional distribution.
  • To identify drivers and challenges for United Kingdom internet of things (IoT) market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United Kingdom internet of things (IoT) market.
  • To conduct the pricing analysis for United Kingdom internet of things (IoT) market.
  • To identify and analyze the profile of leading players involved in the United Kingdom internet of things (IoT) market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the solution providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major solution providers across the globe.

TechSci Research calculated the market size of United Kingdom internet of things (IoT) market using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • IoT service providers and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to IoT market
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as solution providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Platform

·         Component

·         Application

Regional scope

England, Scotland, Wales, Northern Ireland

Key companies profiled

Cognizant, Bosch, Intel Corporation, Google Inc, Hewlett Packard Enterprise, General Electric, Microsoft Corporation, Amazon Web Services, Inc., International Business Machine (IBM) Corporation, Oracle Corporation.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, United Kingdom internet of things (IoT) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • United Kingdom internet of things (IoT) Market, By Platform:
    • Device Management
    • Network Management
    • Application Management
  • United Kingdom internet of things (IoT) Market, By Component:
    • Services
    • Software
  • United Kingdom internet of things (IoT) Market, By Application:
    • Connected Logistics
    • Smart Retail
    • Smart Mobility & Transportation
    • Building & Home Automation
    • Others
  • United Kingdom internet of things (IoT) Market, By Region:
    • England
    • Scotland
    • Wales
    • Northern Ireland

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United Kingdom internet of things (IoT) market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

4.1.  Vendor Satisfaction

4.2.  Vendor Challenges

4.3.  Challenges and Unmet needs

5.    Impact of COVID-19 on United Kingdom Internet of Things (IoT) Overview 

6.    United Kingdom Internet of Things (IoT) Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Platform (Device Management, Network Management and Application Management)

6.2.2.     By Component (Services and Software)

6.2.3.     By Application (Connected Logistics, Smart Retail, Smart Mobility & Transportation, Building & Home Automation and Others)

6.2.4.     By Region

6.2.5.     By Company

6.3.  Market Attractiveness Index

7.    United Kingdom Software Internet of Things (IoT) Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Platform

7.2.2.     By Application

7.2.3.     By Region

7.3.  Market Attractiveness Index

8.    United Kingdom Services Internet of Things (IoT) Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Platform

8.2.2.     By Application

8.2.3.     By Region

8.3.  Market Attractiveness Index

9.    Pricing Analysis

10.  Market Dynamics

10.1. Drivers

10.2. Challenges

10.3. Opportunities

11.  Market Trends & Developments

12.  Policy & Regulatory Landscape

13.  United Kingdom Economic Profile

14.  Competitive Landscape

14.1. Competition Outlook

14.2. Company Profiles (Leading Companies)

14.2.1.  Cognizant Technology Solution Operations

14.2.2.  Hewlett Packard Enterprise

14.2.3.  Intel Corporation

14.2.4.  International Business Machines Corp (IBM)

14.2.5.  Huawei Technologies

14.2.6.  AT&T GmbH

14.2.7.  ZTE GmbH

14.2.8.  Microsoft Corporation 

14.2.9.  Google GmbH

14.2.10.                Amazon Web Services, Inc

15.  Strategic Recommendations

 (Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

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Reduction in the cost of the connected devices and rapid digitization across industrial verticals such as transportation, smart energy and connected logistics are driving the growth of the United Kingdom internet of things (IoT) market in the forecast years, 2023-2027.

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Cognizant, Bosch, Intel Corporation, Google Inc, Hewlett Packard Enterprise, General Electric, Microsoft Corporation, Amazon Web Services, Inc., International Business Machine (IBM) Corporation, Oracle Corporation, among others are leading the United Kingdom internet of things (IoT) market in the forecast period, 2023-2027.

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New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments.

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Based on component, the market is further segmented into service and software. Service segment is anticipated to lead the United Kingdom internet of things (IoT) market analyzed by component, on account of increasing adoption of connected devices across organizations.

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Sakshi Bajaal

Business Consultant
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