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