How big is the UK Telecom Market?

The UK Telecom Market size is expected to reach USD 35.90 billion in 2024 and grow at a CAGR of 4.59% to reach USD 44.92 billion by 2029. Read More

What is the current UK Telecom Market size?

In 2024, the UK Telecom Market size is expected to reach USD 35.90 billion. Read More

Who are the key players in UK Telecom Market?

Vodafone Limited, BT Group plc, Sky UK Limited, Telefonica UK Limited and Teleperformance Limited are the major companies operating in the UK Telecom Market. Read More

What years does this UK Telecom Market cover, and what was the market size in 2023?

In 2023, the UK Telecom Market size was estimated at USD 34.32 billion. The report covers the UK Telecom Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the UK Telecom Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the latest trends in the UK Telecom Market?

Key market trends in the UK Telecom Market are: a) Increasing adoption of the Internet of Things (IoT) b) Shift towards cloud-based services c) Focus on providing comprehensive cybersecurity solutions Read More

UK Telecom Industry Analysis | Growth Forecast, Market Size & Comprehensive Report

UK Telecom Industry Analysis - Growth Forecast, Market Size & Comprehensive Report (2024 - 2029)

The report covers UK Telecom Industry Overview and the market is segmented by Services, which have been further classified into Voice Services (wired, wireless), data and messaging services, and OTT and Pay TV. The market size and forecasts are provided in terms of value (USD million) for all the above segments.

UK Telecom Industry Overview

The United Kingdom's telecom market is fragmented in nature. Some major players in the market studied include Vodafone Limited, Sky UK Limited, BT Group plc, Telefónica UK Limited, and Teleperformance Limited. The market also hosts other Internet service providers (ISPs), MVNOs, and fixed-line service providers. Some US telecommunication companies are competitive internationally and hold firm ground in the global telecom space.

June 2022 - Vodafone initiated the United Kingdom's first live 'wind- and solar-powered mobile phone mast in Pembrokeshire, Wales. By eliminating the requirement for a link to the national energy grid, the specifically constructed mast offered connectivity to "not-spots" in the United kingdom's most remote and inhospitable places, aiding the industry's goal of 95% UK landmass coverage by 2025.
May 2022 - BT Group PLC signed a five-year contract with Amazon Web Services (AWS) to speed up its digital transformation process. This arrangement is a part of BT's larger modernization initiative, which is expected to retire old applications, related infrastructure, and data centers to save USD 2 billion in gross annualized savings by the end of FY24.