The fixed-line telecoms market has declined in importance since 2000, and the fixed-line penetration rate is forecast to fall from an estimated 54.1% in 2017 to 53.6% by 2022. We estimate that there were 39.2 broadband subscriptions per 100 people in 2017, providing internet access to almost 96% of the population. It will continue to rise gradually, to 42.4 subscriptions per 100 people by 2022.
In March 2017 the government unveiled a national digital strategy that aims to complete rollout of fourth-generation (4G) technology by 2020, along with £1bn (US$1.4bn) worth of spending for fifth-generation (5G) and further fibre broadband deployment. It also calls for enhanced digital skills for the entire population, and innovation through technologies such as the Internet of Things (IoT) and Artificial Intelligence (AI).
Industry List: Fixed, Telecommunications, Internet, Telecommunications, Mobile, Telecommunications, Telecommunications
Industry Codes (NAIC): 517
Industry Codes (SIC): 48