UK 5g Internet Of Things (iot) Market Size & Outlook

The 5g internet of things (iot) market in UK is expected to reach a projected revenue of US$ 5,263.4 million by 2030. A compound annual growth rate of 51.7% is expected of UK 5g internet of things (iot) market from 2025 to 2030.
Revenue, 2024 (US$M)
$429.1
Forecast, 2030 (US$M)
$5,263.4
CAGR, 2025 - 2030
51.7%
Report Coverage
UK

UK 5g internet of things (iot) market highlights

  • The UK 5g internet of things (iot) market generated a revenue of USD 429.1 million in 2024 and is expected to reach USD 5,263.4 million by 2030.
  • The UK market is expected to grow at a CAGR of 51.9% from 2025 to 2030.


5g internet of things (iot) market data book summary

Market revenue in 2024USD 429.1 million
Market revenue in 2030USD 5,263.4 million
Growth rate51.9% (CAGR from 2025 to 2030)
Historical data2020 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentation
Key market players worldwideNokia Oyj, Telefonaktiebolaget L M Ericsson ADR, ZTE Corp Class H, AT&T, Huawei Technologies, Verizon Communications Inc, Thales Group, Vodafone Group PLC, China Mobile, Microsoft Corp


Other key industry trends

  • In terms of revenue, UK accounted for 5.6% of the global 5g internet of things (iot) market in 2024.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany 5g internet of things (iot) market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 5,263.4 million by 2030.
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5G Internet Of Things (IoT) Market Companies

Name Profile # Employees HQ Website

UK 5g internet of things (iot) market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 5g internet of things (iot) market will help companies and investors design strategic landscapes.


The U.K. 5G Internet of Things market is expected to experience substantial growth from 2025 to 2030. This market is primarily driven by the rapid digital transformation of multiple industries in the country and the growing demand for IoT-enabled business solutions, which are mainly focused on process improvements, automation, and more.

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Horizon Databook provides a detailed overview of country-level data and insights on the UK 5g internet of things (iot) market , including forecasts for subscribers. This country databook contains high-level insights into UK 5g internet of things (iot) market from 2020 to 2030, including revenue numbers, major trends, and company profiles.

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UK 5g internet of things (iot) market size, by component, 2020-2030 (US$M)

UK 5G Internet Of Things (IoT) Market Outlook Share, 2024 & 2030 (US$M)

UK 5g internet of things (iot) market size, by component, 2020-2030 (US$M)

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