United Kingdom (UK) Telecommunication Services Market Summary, Competitive Analysis and Forecast to 2027
Summary
Telecommunication Services in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). 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 had total revenues of $50.4 billion in 2022, representing a compound annual growth rate (CAGR) of 1.9% between 2017 and 2022.
- Market consumption volume is forecast to increase with a CAGR of 1.1% between 2017 and 2022, reaching a total of 158.3 million total subscriptions in 2022.
- The growth of the UK wireless telecommunication services market can be attributed to increasing mobile penetration, internet users, and the ratio of mobile to fixed lines. According to in-house research, in 2022, the proportion of internet users as a percentage of the total population in the UK reached 97.3%.
- 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 2022?
- What will be the size of the United Kingdom telecommunication services market in 2027?
- 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?
- What are the main segments that make up 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 leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What have been the most significant developments recently?
- 8 Company Profiles
- 8.1. BT Group plc
- 8.2. VMED O2 UK Ltd
- 8.3. Vodafone UK, Ltd.
- 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, 2017-22
- Table 2: United Kingdom telecommunication services market volume: million Total Subscriptions, 2017-22
- Table 3: United Kingdom telecommunication services market category segmentation: % share, by value, 2017-2022
- Table 4: United Kingdom telecommunication services market category segmentation: $ billion, 2017-2022
- Table 5: United Kingdom telecommunication services market geography segmentation: $ billion, 2022
- Table 6: United Kingdom telecommunication services market value forecast: $ billion, 2022-27
- Table 7: United Kingdom telecommunication services market volume forecast: million Total Subscriptions, 2022-27
- 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: VMED O2 UK Ltd: key facts
- Table 13: VMED O2 UK Ltd: Key Employees
- Table 14: Vodafone UK, Ltd.: key facts
- Table 15: Vodafone UK, Ltd.: Key Employees
- Table 16: United Kingdom size of population (million), 2018-22
- Table 17: United Kingdom gdp (constant 2005 prices, $ billion), 2018-22
- Table 18: United Kingdom gdp (current prices, $ billion), 2018-22
- Table 19: United Kingdom inflation, 2018-22
- Table 20: United Kingdom consumer price index (absolute), 2018-22
- Table 21: United Kingdom exchange rate, 2018-22
- List of Figures
- Figure 1: United Kingdom telecommunication services market value: $ billion, 2017-22
- Figure 2: United Kingdom telecommunication services market volume: million Total Subscriptions, 2017-22
- Figure 3: United Kingdom telecommunication services market category segmentation: $ billion, 2017-2022
- Figure 4: United Kingdom telecommunication services market geography segmentation: % share, by value, 2022
- Figure 5: United Kingdom telecommunication services market value forecast: $ billion, 2022-27
- Figure 6: United Kingdom telecommunication services market volume forecast: million Total Subscriptions, 2022-27
- Figure 7: Forces driving competition in the telecommunication services market in the United Kingdom, 2022
- Figure 8: Drivers of buyer power in the telecommunication services market in the United Kingdom, 2022
- Figure 9: Drivers of supplier power in the telecommunication services market in the United Kingdom, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the telecommunication services market in the United Kingdom, 2022
- Figure 11: Factors influencing the threat of substitutes in the telecommunication services market in the United Kingdom, 2022
- Figure 12: Drivers of degree of rivalry in the telecommunication services market in the United Kingdom, 2022
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