United Kingdom ICT Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The United Kingdom ICT Market is segmented by Type (Hardware, Software, IT Services, Telecommunication Services), By Size of Enterprise (Small and Medium Enterprises, Large Enterprises), and By Industry Vertical (BFSI, IT and Telecom, Government, Retail and E-commerce, Manufacturing, Energy and Utilities, and Other Industry Verticals). The report offers the value (in USD million) for the above segments.

United Kingdom ICT Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

UK ICT Industry Overview

The United Kingdom ICT Market is highly competitive, owing to the presence of many small and large players. The market appears to be moderately concentrated, with the significant players adopting strategies like product innovation, service innovation, mergers, and acquisitions to stay ahead of the competition and increase their reach.

August 2022 - IBM and Improbable have joined to provide a new technological advantage. The Improbable-IBM team is collaborating to ensure that Improbable's Synthetic Environment Solutions, which are built on and powered by Improbable's Skyral platform, leverage IBM and Red Hat OpenShift Container Platform (OCP) and the MOD's investments in the Defence DevSecOps Service (D2S) to deliver complex Synthetic Environments quicker than ever before. Improbable's Skyral platform, which runs on the Red Hat OpenShift Container Platform and supports the D2S standard, may be used to build and deliver new SE solutions to MOD users centrally.

UK ICT Market Leaders

  1. ZTE Corporation

  2. Ciena Corporation

  3. Cisco Systems, Inc.

  4. CommScope, Inc.

  5. Fujitsu Limited

  6. *Disclaimer: Major Players sorted in no particular order
United Kingdom ICT Market Concentration