Real-Time Industrial Classifications

UK Telecommunications Industry

Get to know the UK’s Telecommunications industry and the companies involved in fibre connectivity, 5G and satellite communications. View company data, industry trends, market size, financials and download our free sector report today.

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What is Telecommunications industry?

The Telecommunications industry provides key transmission services that allow us to communicate via voice, data, text, sound, video and other methods.

Largely comprised of telephone companies and internet service providers, the UK Telecommunications sector has grown significantly over the past 20 years, with companies involved in 5G technology, fibre connectivity, wireless networks, broadcasting and satellite communications.

Telecommunications sector summary

Key information you should know about the Telecommunications sector from our AI-driven platform of over 5 million companies:

Telecommunications has turnover of £125.5bn, meaning it is our 9th largest RTIC, and our 33rd fastest growing sector.
The Telecommunications sector has not received additional investor attention in recent years and the amount of venture capital funding is not increasing as fast as our other emerging economy sectors.

6,744

COMPANIES CONSIDERED

£125.5bn

TOTAL TURNOVER

462,882

TOTAL EMPLOYEES

£11.7bn

TOTAL INVESTMENT FUNDING

£55.4m

TOTAL INNOVATE UK GRANT FUNDING

6.2%

AVERAGE COMPANY GROWTH PER YEAR

Telecommunications verticals

Our Telecommunications RTIC is made up of 7 individual industry verticals, including verticals such as 5G Radio Access Network, Broadcasting, Fibre Connectivity. You can find out more about the verticals by buying a report, visualising the sector on our platform, or by downloading the data.

Sector Code Description Records
RTIC0056 Telecommunications 6587 companies
Companies involved in; 5G Radio Access Network, Broadcasting, Fibre Connectivity, Network Providers, Satellite Communications, Site Services, Wireless Connectivity.

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- Telecommunications: 5G Radio Access Network
  Companies specialised in the development of 5G technology and networks.
  
  296 companies
- Telecommunications: Broadcasting
  Companies dedicated to the distribution of audio-visual content (digital and analogue) / bilateral communication techniques.
  
  1021 companies
- Telecommunications: Fibre Connectivity
  Companies involved in the administration/development of fibre networks.
  
  2006 companies
- Telecommunications: Network Providers
  Network connectivity suppliers.
  
  1620 companies
- Telecommunications: Satellite Communications
  Companies focused on the development/maintenance of satellite-based connectivity.
  
  633 companies
- Telecommunications: Site Services
  Companies dedicated to the development/maintenance/administration of infrastructures that provide telecommunication services to geographic zones.
  
  2025 companies
- Telecommunications: Wireless Connectivity
  Companies involved in the administration/development of wireless networks.
  
  1367 companies

Telecommunications industry growth

We estimate that the UK Telecommunications sector could be worth approximately £169.5bn by 2027, based on the compound annual growth rate (CAGR) of 6.2%. Below you can see the five year turnover forecast for the RTIC from 2023 to 2027.

Get your free Telecommunications report

Dig deeper into the UK’s Telecommunications Economy with our free 2023 RTIC report, which includes:

– Summary of RTIC data & industry performance
– Overview of key verticals
– Geographic analysis & breakdown
– Key insights & trends

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Real-Time Industrial Classifications (RTICs)

At The Data City we’re mapping the emerging economy through accurate and reliable real-time data. We’ve produced Real-Time Industrial Classifications (RTICs) for some of the UK’s fastest growing sectors, across over 350 industry verticals, including the Telecommunications industry.

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