UK Digital Transformation Market Report by Type (Solution, Service), Deployment Mode (Cloud-based, On-premises), Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises), End Use Industry (BFSI, Manufacturing, Government, Healthcare, IT and Telecom, and Others), and Region 2024-2032

UK Digital Transformation Market Report by Type (Solution, Service), Deployment Mode (Cloud-based, On-premises), Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises), End Use Industry (BFSI, Manufacturing, Government, Healthcare, IT and Telecom, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A24973
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UK Digital Transformation Market Overview:

The UK digital transformation market size reached USD 38.06 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 214.78 Billion by 2032, exhibiting a growth rate (CAGR) of 19.20% during 2024-2032. The market is primarily driven by government digital strategy initiatives, substantial investments in artificial intelligence (AI), and expanding digital infrastructure that is enhancing public and commercial sector efficiencies across the country.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023 USD 38.06 Billion
Market Forecast in 2032 USD 214.78 Billion
Market Growth Rate 2024-2032 19.20%


UK Digital Transformation Market Trends:

Government Digital Strategy Initiatives

According to the United Kingdom Digital Strategy from the Department for Digital, Culture, Media and Sports (DCMS), the digital sector significantly impacted the UK economy, contributing almost £151 Billion in 2019, and employing 9% of the national workforce.  This tremendous growth is mainly on account of the UK's excellence in some vital areas. For instance, the digital infrastructure has witnessed considerable progress in the UK with superfast broadband coverages which increased from 58% of premises in 2011 to over 97%. Moreover, more than 67% of UK premises now have access to gigabit-capable broadband, a sharp increase from just 8% in July 2019. Additionally, a good 4G signal now covers 92% of the UK landmass. These initiatives are making government services more accessible to the public, thereby improving user satisfaction and engagement. This substantial investment is designed to streamline operations, facilitate seamless service delivery, and bolster the UK's position in the global digital economy. As these initiatives continue to unfold, they are expected to drive significant growth in the UK's digital transformation market by improving infrastructure, increasing digital literacy, and encouraging collaborations across tech industries.

Rising Investment in Artificial Intelligence (AI)

According to the National Artificial Intelligence (AI) Strategy, the achievements in AI have been bolstered by the 2017 Industrial Strategy, which established the government's ambition to position the UK as a worldwide hub for AI innovation. In April 2018, this vision was further supported when the government and the UK’s AI sector collaborated on an almost £1 Billion AI Sector Deal, aiming to enhance the UK's standing as a forefront leader in AI technology development. This investment aims to catalyze the development and integration of AI technologies across key sectors such as finance, healthcare, and manufacturing. Furthermore, since 2014, the UK government has given approximately £2.3 Billion to several programs including artificial intelligence. For example, the NHS AI Lab under NHSX to establish and promote the safe integration of AI into healthcare services with £250 Million. In addition, the British Business Bank has invested over £372 Million in UK AI startups to support the growing AI industry. This strategic focus on AI has the potential to completely change sectors by increasing efficiency, streamlining processes, and opening new avenues for corporate innovation.

UK Digital Transformation Market News:

  • 11 May 2023, Hartree Centre Small and Medium Enterprises (SMEs) hubs are ready to encourage regional SMEs throughout the United Kingdom by facilitating access to advanced digital technologies, thereby enhancing their competitive edge. A collective fund of £4.5 Million has been allocated to three UK universities under the Hartree National Centre for Digital Innovation (HNCDI) program. Additionally, Cardiff University, Newcastle University, and Ulster University were selected to set up SME interaction hubs. Moreover, the initiative will enable regional SMEs to tap into the digital expertise offered by the Science and Technology Facilities Council’s (STFC) Hartree Centre. This includes specialized support in areas such as supercomputing, data analytics, visual computing, and artificial intelligence (AI).
  • 31 October 2023, Accenture stated that it has secured a deal that would enable it to acquire 6point6, a leading digital technology consulting firm based in Britain which is widely acclaimed for its special focus on cloud, data, and cybersecurity. It will strengthen Accenture in the strategy and architecture domain in the commercial and public sectors. It will particularly enhance its service offerings in strategic sectors including central government, defense, security, and the financial sector.

UK Digital Transformation Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on type, deployment mode, enterprise size, and end use industry.

Type Insights:

  • Solution                     
    • Analytics, Artificial Intelligence and Machine Learning
    • Extended Reality (XR)
    • IoT                 
    • Industrial Robotics
    • Blockchain
    • Additive Manufacturing/3D Printing
    • Cybersecurity
    • Cloud and Edge Computing
    • Others
  • Service
    • Professional Services
    • Integration and Implementation
       

The report has provided a detailed breakup and analysis of the market based on the type. This includes solution (analytics, artificial intelligence and machine learning, extended reality (XR), IoT, industrial robotics, blockchain, additive manufacturing/3D printing, cybersecurity, cloud and edge computing, and others) and service (professional services and integration and implementation).

Deployment Mode Insights:

  • Cloud-based
  • On-premises
     

A detailed breakup and analysis of the market based on the deployment mode have also been provided in the report. This includes cloud-based and on-premises.

Enterprise Size Insights:

  • Large Enterprises
  • Small and Medium-sized Enterprises
     

The report has provided a detailed breakup and analysis of the market based on the enterprise size. This includes large enterprises and small and medium-sized enterprises.

End Use Industry Insights:

  • BFSI
  • Manufacturing and Retail
  • Government
  • Healthcare
  • IT and Telecom
  • Others
     

A detailed breakup and analysis of the market based on the end use industry have also been provided in the report. This includes BFSI, manufacturing and retail, government, healthcare, IT and telecom, and others.

Regional Insights:

  • London
  • South East
  • North West
  • East of England
  • South West
  • Scotland
  • West Midlands
  • Yorkshire and The Humber
  • East Midlands
  • Others
     

The report has also provided a comprehensive analysis of all the major regional markets, which include London, South East, North West, East of England, South West, Scotland, West Midlands, Yorkshire and The Humber, East Midlands, and Others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

UK Digital Transformation Market Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units USD Billion
Scope of the Report Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
  • Type
  • Deployment Mode
  • Enterprise Size
  • End Use Industry
  • Region 
Types Covered
  • Solution: Analytics, Artificial Intelligence and Machine Learning, Extended Reality (XR), IoT, Industrial Robotics, Blockchain, Additive Manufacturing/3D Printing, Cybersecurity, Cloud and Edge Computing, Others
  • Service: Professional Services, Integration and Implementation
Deployment Modes Covered Cloud-based, On-premises
Enterprise Sizes Covered Large Enterprises, Small and Medium-sized Enterprises
End Use Industries Covered BFSI, Manufacturing, Government, Healthcare, IT and Telecom, Others
Regions Covered London, South East, North West, East of England, South West, Scotland, West Midlands, Yorkshire and The Humber, East Midlands, Others
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the UK digital transformation market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the UK digital transformation market?
  • What is the breakup of the UK digital transformation market on the basis of type?
  • What is the breakup of the UK digital transformation market on the basis of deployment mode?
  • What is the breakup of the UK digital transformation market on the basis of enterprise size?
  • What is the breakup of the UK digital transformation market on the basis of end use industry?
  • What are the various stages in the value chain of the UK digital transformation market? 
  • What are the key driving factors and challenges in the UK digital transformation?
  • What is the structure of the UK digital transformation market and who are the key players?
  • What is the degree of competition in the UK digital transformation market? 

 Key Benefits for Stakeholders:

  • IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the UK digital transformation market from 2018-2032.
  • The research report provides the latest information on the market drivers, challenges, and opportunities in the UK digital transformation market.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the UK digital transformation industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
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UK Digital Transformation Market Report by Type (Solution, Service), Deployment Mode (Cloud-based, On-premises), Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises), End Use Industry (BFSI, Manufacturing, Government, Healthcare, IT and Telecom, and Others), and Region 2024-2032
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