B2B drives market demand, with B2B spending representing 54.1% of total demand in 2022. BT Group Plc is the largest company in the UK, generating 28.9% of the industry’s total turnover value in 2022. The industry is concentrated, with the top five companies generating 60.1% of total production value in 2022. The total number of companies decreases in 2022, to 16,289 units. The costs of the industry decrease by 6.3% in 2022, largely driven by declining labour costs. The industry’s profitability decreases and stands at 23.8% of turnover in 2022, the 16th highest regionally. With turnover of USD64.7 billion, the UK accounts for 16.9% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Telecommunications in the United Kingdom: ISIC 642. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Telecommunications in the United Kingdom: ISIC 642 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Information and Communication is an aggregation of Telecommunications, Computer and Related Services; Filmmaking, Radio and TV, Publishing and Printing.
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