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.
Download our market report
Real-time data that keeps pace with the emerging economy
Fed up with outdated and unreliable data? Get to know the UK economy in real-time and analyse emerging sectors and innovative companies with the power of The Data City’s AI-powered platform.
Trusted by industry-leading policy makers, economists & institutions
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 £39.1bn currently, has received £3.6bn of investment and the sector is growing at 51.8% 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 e-Health, 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
-
RTIC0020 Internet of Things 711 companies
Companies creating objects with the capability of communicating with each other and sharing data over the internet.
-
Internet of Things: Connectivity PLatforms63 companies
Companies developing enabling platforms which allow and or foster connectivity between IoT devices
-
Internet of Things: Energy Management201 companies
Companies developing IoT devices to gather data, control and/or manage energy management systems
-
Internet of Things: Industrial IoT170 companies
Companies offering IoT used in industrial settings such as automation of assembly lines or other industrial settings.
-
Internet of Things: Smart Cities and Transport221 companies
Companies supplying IoT devices used across transportation and mobility services, and to enable smart cities
-
Internet of Things: e-Health231 companies
Companies providing IoT devices to the healthcare sector
-
Internet of Things industry growth
Based on a growth rate of 51.8%, we expect that this sector could be worth £40.8bn by 2024. Below you can see our forecast of the growth of the sector.
We help policy makers, economists & companies better understand emerging industries
The Data City is a UK-based data provider and SaaS platform focusing on emerging sectors, high growth companies, innovation clusters and investment.
Many of the UK’s leading government departments, local authorities, investment firms and policymakers, use The Data City to gain real-time insights that help drive better investment decisions.
“ If you want a more dynamic and innovative view of your economy, you should definitely consider The Data City
“ Through this visual mapping project, Greater Manchester will be able to showcase our success in the digital sector
“ If you care about technology driven economic growth, you should care about RTICs
Get your free Internet of Things market report 👇
Dig deeper into the UK’s Internet of Things industry with our free snapshot report.
Includes key insights on market size, investment, growth, location and much more. Data updated every month.
Market data for 400+ industries at your fingertips
At The Data City we use AI and real-time data to map emerging sectors and innovative companies.
Our company database of over 5 million active UK companies houses 400+ Real-Time Industrial Classifications (RTICs) built in partnership with leading experts.
Access market insights, sector trends, employee data, growth stats and investment information for the country’s fastest growing industries.
Discover more with a Free Trial
Keen to dig a little deeper? Sign up for a free trial and get full access our real-time company and sector data.