UK Internet of Things Industry
Understand the UK’s emerging Internet of Things (IoT) sector with real-time classification data that includes financial information, vertical breakdowns, growth trends, free reports and much more with The Data City.
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What is the Internet of Things?
The Internet of Things (or IoT) is a system of computer devices, objects, software, technologies and sensors capable of connecting and sharing data with each other over the internet without human to human or human to computer interaction.
The Internet of Things ranges from consumer IoT often found in the home such as smart devices and wearables to more commercial and industrial devices and ecosystems used across healthcare, transport and manufacturing.
Combining these devices with automated systems allows for a wide range of benefits and applications, with the ability to collect data, analyse information and perform an action. This makes certain tasks or complicated processes easier to undertake and more efficient to implement.
Internet of Things sector summary
Discover real-time data and insights sourced directly from The Data City platform, driven by our innovative Real-Time Industrial Classifications (RTICs). Our RTICs harness the power of web data and machine learning, and are published with industry experts for precision and relevance.
Here are the key facts about the Internet of Things sector. The sector has a turnover of £9.0bn currently, has received £5.3bn of investment and the sector is growing at 6.2% per year.
Internet of Things verticals
Our industry data goes deep. See the top verticals and specialisms making waves in the UK Internet of Things industry today.
Our Internet of Things RTIC is made up of 5 individual verticals. The top verticals in this sector include Energy Management & Smart Buildings, and Smart Cities and Transport. You can find out more about the verticals by downloading our RTIC report, or by signing up for a free trial of The Data City platform.
- Sector Code Description Records
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RTIC0020 Internet of Things 774 companies
Companies creating objects with the capability of communicating with each other and sharing data over the internet.
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Internet of Things: Connectivity Platforms96 companies
Companies developing enabling platforms which allow and or foster connectivity between IoT devices
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Internet of Things: Energy Management & Smart Buildings414 companies
Companies developing IoT devices to gather data, control and/or manage energy management systems, as well as other management systems that could be used in buildings.
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Internet of Things: Industrial IoT195 companies
Companies offering IoT used in industrial settings such as automation of assembly lines or other industrial settings.
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Internet of Things: Smart Cities and Transport225 companies
Companies supplying IoT devices used across transportation and mobility services, and to enable smart cities
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Internet of Things: e-Health112 companies
Companies providing IoT devices to the healthcare sector
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Internet of Things industry growth
Based on a growth rate of 6.2%, we expect that this sector could be worth £10.2bn by 2026. Below you can see our forecast of the growth of the sector.
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