Telecommunication Services in the United Kingdom
Summary
Telecommunication Services in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The telecommunication services market is defined as the total volume and value of both the fixed line and the wireless telecommunications market. The market volume here is defined as the number of fixed-line and wireless subscriptions.
- The UK telecommunication services market recorded revenues of $42.6 billion in 2023, representing a negative compound annual growth rate (CAGR) of 2.1% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 3% between 2018 and 2023, reaching a total of 171.9 million subscriptions in 2023.
- The growth in the market is also attributed to the increase in mobile penetration. According to the World Bank, mobile penetration in the UK reached 122.0 per 100 people in 2023, an increase of 1.0% from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the telecommunication services market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the telecommunication services market in the United Kingdom
- Leading company profiles reveal details of key telecommunication services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom telecommunication services market with five year forecasts by both value and volume
- What was the size of the United Kingdom telecommunication services market by value in 2023?
- What will be the size of the United Kingdom telecommunication services market in 2028?
- What factors are affecting the strength of competition in the United Kingdom telecommunication services market?
- How has the market performed over the last five years?
- Who are the top competitors in the United Kingdom's telecommunication services market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the key market players?
- 7.2. What strategies do the key market players follow?
- 7.3. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. BT Group plc
- 8.2. VMED O2 UK Ltd
- 8.3. Vodafone Group Plc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United Kingdom telecommunication services market value: $ billion, 2018-23
- Table 2: United Kingdom telecommunication services market volume: million Subscriptions, 2018-23
- Table 3: United Kingdom telecommunication services market category segmentation: % share, by value, 2018-2023
- Table 4: United Kingdom telecommunication services market category segmentation: $ billion, 2018-2023
- Table 5: United Kingdom telecommunication services market geography segmentation: $ billion, 2023
- Table 6: United Kingdom telecommunication services market value forecast: $ billion, 2023-28
- Table 7: United Kingdom telecommunication services market volume forecast: million Subscriptions, 2023-28
- Table 8: BT Group plc: key facts
- Table 9: BT Group plc: Annual Financial Ratios
- Table 10: BT Group plc: Key Employees
- Table 11: BT Group plc: Key Employees Continued
- Table 12: BT Group plc: Key Employees Continued
- Table 13: VMED O2 UK Ltd: key facts
- Table 14: VMED O2 UK Ltd: Key Employees
- Table 15: Vodafone Group Plc: key facts
- Table 16: Vodafone Group Plc: Annual Financial Ratios
- Table 17: Vodafone Group Plc: Key Employees
- Table 18: United Kingdom size of population (million), 2019-23
- Table 19: United Kingdom real gdp (constant 2010 prices, $ billion), 2019-23
- Table 20: United Kingdom gdp (current prices, $ billion), 2019-23
- Table 21: United Kingdom inflation, 2019-23
- Table 22: United Kingdom consumer price index (absolute), 2019-23
- Table 23: United Kingdom exchange rate, 2018-23
- List of Figures
- Figure 1: United Kingdom telecommunication services market value: $ billion, 2018-23
- Figure 2: United Kingdom telecommunication services market volume: million Subscriptions, 2018-23
- Figure 3: United Kingdom telecommunication services market category segmentation: $ billion, 2018-2023
- Figure 4: United Kingdom telecommunication services market geography segmentation: % share, by value, 2023
- Figure 5: United Kingdom telecommunication services market value forecast: $ billion, 2023-28
- Figure 6: United Kingdom telecommunication services market volume forecast: million Subscriptions, 2023-28
- Figure 7: Forces driving competition in the telecommunication services market in the United Kingdom, 2023
- Figure 8: Drivers of buyer power in the telecommunication services market in the United Kingdom, 2023
- Figure 9: Drivers of supplier power in the telecommunication services market in the United Kingdom, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the telecommunication services market in the United Kingdom, 2023
- Figure 11: Factors influencing the threat of substitutes in the telecommunication services market in the United Kingdom, 2023
- Figure 12: Drivers of degree of rivalry in the telecommunication services market in the United Kingdom, 2023
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