UK 5G Industrial IoT Market Summary
The United Kingdom 5G Industrial IoT market is projected to grow from 23.8 USD Billion in 2024 to 36.1 USD Billion by 2035.
Key Market Trends & Highlights
UK 5G Industrial IoT Key Trends and Highlights
- The market is expected to experience a compound annual growth rate of 3.84 percent from 2025 to 2035.
- By 2035, the market valuation is anticipated to reach 36.1 USD Billion, indicating robust growth potential.
- In 2024, the market is valued at 23.8 USD Billion, reflecting a strong foundation for future expansion.
- Growing adoption of 5G technology due to increased demand for connectivity and automation is a major market driver.
Market Size & Forecast
2024 Market Size | 23.8 (USD Billion) |
2035 Market Size | 36.1 (USD Billion) |
CAGR (2025-2035) | 3.84% |
Major Players
IBM, Vodafone Group, Schneider Electric, Nokia, Siemens, Cisco Systems, Ericsson, BT Group