U.K. Iot Devices Market Size & Outlook, 2025-2030
Global Market
Related Markets
UK iot devices market highlights
- The UK iot devices market generated a revenue of USD 3,762.3 million in 2024 and is expected to reach USD 8,978.9 million by 2030.
- The UK market is expected to grow at a CAGR of 15.3% from 2025 to 2030.
- In terms of segment, sensors was the largest revenue generating component in 2024.
- Edge Devices is the most lucrative component segment registering the fastest growth during the forecast period.
Iot devices market data book summary
| Market revenue in 2024 | USD 3,762.3 million |
| Market revenue in 2030 | USD 8,978.9 million |
| Growth rate | 15.3% (CAGR from 2025 to 2030) |
| Largest segment | Sensors |
| Fastest growing segment | Edge Devices |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sensors, Actuators, Processors, Edge Devices |
Other key industry trends
- In terms of revenue, UK accounted for 5.4% of the global iot devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany iot devices market is projected to lead the regional market in terms of revenue in 2030.
- Netherlands is the fastest growing regional market in Europe and is projected to reach USD 2,907.5 million by 2030.
The adoption of IoT devices in the United Kingdom (U.K.) is expanding rapidly, fueled by the country’s focus on technological innovation, digital transformation, and smart solutions across various sectors. The demand for smart home devices is rapidly growing in the U.K., with consumers embracing IoT-enabled products such as smart thermostats, smart lighting, security systems, and voice assistants.
Many manufacturers in the U.K. are adopting digital twins and smart factory solutions to enhance decision-making, monitor production in real-time, and optimize production efficiency.
The U.K. government has invested significantly in the development of smart cities, where IoT devices are integrated to improve the quality of urban life. Through programs such as Smart Cities Mission, the government is encouraging local authorities to adopt IoT technologies in urban infrastructure.
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Publish Date: Feb 05, 2025
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IoT Devices Market Scope
IoT Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Intel Corp | View profile | 124,800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | www.intel.com |
| Siemens Healthineers AG ADR | View profile | 71,400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | www.siemens-healthineers.com |
| STMicroelectronics NV | View profile | 51,323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | www.st.com |
| Honeywell International Inc | View profile | 95,000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | www.honeywell.com |
| Samsung Electronics Co Ltd | View profile | 124,804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | www.samsung.com |
| Texas Instruments Inc | View profile | 34,000 | 12500 TI Boulevard, Dallas, TX, United States, 75243 | www.ti.com |
| Qualcomm Inc | View profile | 50,000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | www.qualcomm.com |
| NXP Semiconductors NV | View profile | 34,200 | 60 High Tech Campus, Eindhoven, NB, Netherlands, 5656 AG | www.nxp.com |
| Cisco Systems Inc | View profile | 84,900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | www.cisco.com |
| Silicon Laboratories Inc | View profile | 1,846 | 400 West Cesar Chavez, Austin, TX, United States, 78701 | www.silabs.com |
U.K. IoT Devices Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to IoT Devices Market Outlook will help companies and investors design strategic landscapes.
Sensors was the largest segment with a revenue share of 37.85% in 2024.
Horizon Databook has segmented the U.K. iot devices market based on sensors, actuators, processors, edge devices covering the revenue growth of each sub-segment from 2018 to 2030.
The adoption of IoT devices in the United Kingdom (U.K.) is expanding rapidly, fueled by the country’s focus on technological innovation, digital transformation, and smart solutions across various sectors. The demand for smart home devices is rapidly growing in the U.K., with consumers embracing IoT-enabled products such as smart thermostats, smart lighting, security systems, and voice assistants.
Many manufacturers in the U.K. are adopting digital twins and smart factory solutions to enhance decision-making, monitor production in real-time, and optimize production efficiency.
The U.K. government has invested significantly in the development of smart cities, where IoT devices are integrated to improve the quality of urban life. Through programs such as Smart Cities Mission, the government is encouraging local authorities to adopt IoT technologies in urban infrastructure.
- U.K. Iot Devices Market Component Outlook (Revenue, USD Million , 2018-2030)
- Sensors
- Actuators
- Processors
- Edge Devices
- Others
- U.K. Iot Devices Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Smart Home
- Industrial IoT (IIoT)
- Healthcare
- Automotive and Transportation
- Retail
- Agriculture
- Energy and Utilities
- Smart Cities
- Wearables
- Consumer Electronics
- Others
- U.K. Iot Devices Market Connectivity Outlook (Revenue, USD Million , 2018-2030)
- Wi-Fi
- Bluetooth
- Zigbee
- Cellular
- RFID
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the U.K. IoT Devices Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.K. IoT Devices Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
U.K. Iot Devices Market, 2018-2030 (US$M)
UK iot devices market statistics, by component, 2018-2030 (US$M)
