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United Kingdom (UK) Enterprise ICT Market Analysis and Future Outlook by Segments (Hardware, Software and IT Services)

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    Report

  • 67 Pages
  • November 2022
  • Region: United Kingdom
  • GlobalData
  • ID: 5714512
The UK Enterprise ICT Country Intelligence Report (CIR) series provides an executive-level overview of the enterprise ICT revenue opportunity in the UK, with detailed forecasts of key indicators up to 2026. The report provides detailed analysis of country's overall enterprise ICT revenue opportunity market and its growth drivers, market trends and challenges. The report includes key macroeconomic indicators and provides an in-depth coverage of regulatory trends and government initiatives influencing the overall ICT landscape within the UK. It sheds focus on enterprise ICT revenue opportunity within the UK by solution areas and their sub-segmental analysis as well as ICT revenue opportunity across 18 industry verticals and 5 enterprise size band categories. The report also gives an indication of ICT revenue opportunities in China covering 18 ICT product/services and more than 100 categories over the forecast period 2021-2026.

The country intelligence provides information and insights into ICT revenue opportunity by enterprises in the UK:

  • Overall enterprise ICT revenue opportunity for the UK
  • Macroeconomic and regulatory context and government inititiaves
  • Insights on the UK's enterprise ICT revenue oppotunity growth drivers, market trends and challenges
  • Breakdown of enterprise ICT revenue opportunity by solution areas, end-use verticals and enterprise size band
  • Segmental analysis of UK's enterprise ICT revenue opportunity - hardware, software and services
  • UK's technology theme exposure by signal and by time
  • Company snapshot

Scope

  • UK's ICT market revenue is expected to increase at a CAGR of 7.6% over 2021-2026, given its fast-evolving tech sector - mainly benefiting from the presence of over 100,000 software companies, growing tech venture capital investment, and rising opportunities in technology areas such as 5G, AI, cloud, and cybersecurity to support digitalization across large and SMEs business and public sectors - the UK has turned into a key market for enterprise ICT products and services.
  • UK's overall ICT market revenue is expected to increase from $175.7 billion in 2021 to $253.8 billion by 2026 at 7.6% CAGR over 2021-2026 mainly due to the government's policies and strategies to encourage technology adoption among enterprises.
  • According to the publisher, UK ICT market would see majority share of its revenue come from the IT services segment over the forecast period. Revenue from IT services reached $108.5 billion in 2021 and is set to grow up to $158.1 billion in 2026 at a CAGR of 7.8%.
  • Cloud computing is the dominant IT solutions category in terms of overall revenue opportunity in 2021 ($24 billion), its projected to grow up to $46.5 billion by 2026.
  • BFSI is the largest independent end-use vertical segment for ICT in the UK, in terms of revenue contribution, and will remain so over the forecast period. ICT revenue from BFSI sector reached $25 billion in 2021 and will grow up to $36.1 billion in 2026 at a CAGR of 7.6%.

Reasons to Buy

  • This Country Intelligence Report offers a thorough, forward-looking analysis of the UK's enterprise ICT revenue opportunity market in a concise format to help executives build proactive and profitable growth strategies.
  • Accompanying the publisher's Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in the UK's enterprise ICT market.
  • The report also presents an analysis of enterprise ICT revenue opportunity by various solution areas, enterprise size band, end-use verticals, and segment over the forecast period 2021-2026.
  • With more than 50 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
  • The report provides an easily digestible market assessment for decision makers built around in-depth research, which enables executives to quickly get up to speed with the current and emerging trends in the UK's Enterprise ICT Revenue Opportunity.

Table of Contents

  • UK Enterprise ICT Market Highlights
  • Macroeconomic and Regulatory Context
  • Macroeconomic Context
  • Regulatory Context and Government Initiatives
  • ICT Market Outlook
  • Total ICT Revenue Opportunity
  • IT Hardware - Segment Outlook
  • Revenue Growth and Percentage Share of ICT
  • IT Software - Segment Outlook
  • Revenue Growth and Percentage Share of ICT
  • IT Services - Segment Outlook
  • Revenue Growth and Percentage Share of ICT
  • Alternative Datasets
  • Competitive Landscape
  • Additional Resources