United Kingdom IoT Devices Market Size, Share, and COVID-19 Impact Analysis, By Component (Sensors, Actuators, Processors, and Edge Devices), By Connectivity (Wi-Fi, Others, Bluetooth, Zigbee, Cellular, and RFID), and United Kingdom IoT Devices Market Insights, Industry Trend, Forecasts to 2035

United Kingdom IoT Devices Market Size Insights Forecasts to 2035

• The United Kingdom IoT Devices Market Size was estimated at USD 3780.45 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 15.11% from 2025 to 2035
• The United Kingdom IoT Devices Market Size is Expected to Reach USD 17767.10 Million by 2035

According to a Research Report Published by Spherical Insights & Consulting, the United Kingdom IoT Devices Market Size is anticipated to reach USD 17767.10 million by 2035, growing at a CAGR of 15.11% from 2025 to 2035. The information technology (IT) sector's notable expansion, rising demands to improve customer satisfaction, and the increasing need for smooth collection and transmission are some of the key drivers of the market's expansion.

Market Overview

The United Kingdom IoT devices market refers to the industry focused on the production and application of electrodeposited copper foils, which are thin layers of copper created through electrochemical deposition. Internet of Things devices have sensors to send data to other devices and are linked to the Internet. Actuators, software, wireless sensors, computers, and other gadgets are all part of the Internet of Things. IoT devices can also be anything from basic industrial machines to basic home kitchen appliances. Every Internet of Things component has a unique identification number (UID) and is capable of data transmission without human assistance. In addition, sensors on IoT devices gather vital information that is subsequently converted into insightful knowledge to boost manufacturing operations' efficiency. Increased demand for consumer electronics, including tablets, laptops, smartphones, and other devices, presents the IoT device market with substantial development prospects. Automating procedures and gaining real-time data insights are just two of the many advantages of integrating IoT devices into business operations. Enhanced efficiency results in streamlined procedures, increased productivity, and cost savings. In addition, it helps companies to gather and analyze data in order to obtain insightful information.

Report Coverage

This research report categorizes the market for the United Kingdom IoT devices market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom IoT devices market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United Kingdom IoT devices market.

Driving Factors

The market for United Kingdom IoT devices is driven by the adoption of the Internet of Things has been significantly influenced by ongoing technological advancements, such as the affordability of sensors and enhanced connectivity, which have made it feasible to integrate sensors and connectivity features into a variety of devices, facilitating smooth data collection and communication. Furthermore, as IoT allows companies to provide seamless and customized client experiences, the growing need to improve customer experience is greatly driving the demand for IoT. Additionally, the market has been positively influenced by other factors, such as the quickening pace of urbanization and industrialization, the government's useful initiatives, like the introduction of regulatory frameworks, a surge in funding activities, smart city initiatives, and extensive research and innovation (R&D) activities carried out by key players.

Restraining Factors

The market expansion could be restricted due to the absence of standardization among platforms and communication protocols, which leads to problems with compatibility between devices, cybersecurity and data privacy issues, and high implementation costs.

Market Segmentation

The United Kingdom IoT devices market share is classified into component, and connectivity.

• The sensors segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.

The United Kingdom IoT devices market is segmented by component into sensors, actuators, processors, and edge devices. Among these, the sensors segment held a significant share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. This expansion is fueled by the growing need for wearable and linked technology, especially in sectors like consumer electronics and healthcare. Further driving this need are technological developments like better wireless connectivity and the growing popularity of smart home systems.

• The wi-fi segment held the largest market share in 2024 and is anticipated to grow at a substantial CAGR during the forecast period.

The United Kingdom IoT devices market is segmented by connectivity into wi-fi, others, Bluetooth, Zigbee, cellular, and RFID. Among these, the wi-fi segment held the largest market share in 2024 and is anticipated to grow at a substantial CAGR during the forecast period. This is because of high-speed internet demand and the proliferation of connected gadgets are the main drivers of this rise. With the rapid development of IoT, dependable and effective Wi-Fi modules are now crucial for guaranteeing smooth communication and data sharing between an increasing number of IoT devices.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom IoT devices market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• EVRYTHNG
• Hive Connected Home
• Senceive
• Semphos
• Vortex IoT
• FarSite Communications
• Others

Recent Developments:

• In February 2024, A multi-million-pound NB-IoT (Narrowband Internet of Things) network was revealed by BT to accelerate the development of linked industries and smart cities throughout the United Kingdom. The network uses its EE-branded LTE infrastructure to facilitate battery-efficient, low-power IoT deployments across the country, providing up to 97% outdoor population coverage.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Japan, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United Kingdom IoT devices market based on the below-mentioned segments:

United Kingdom IoT Devices Market, By Component

• Sensors
• Actuators
• Processors
• Edge Devices

United Kingdom IoT Devices Market, By Connectivity

• Wi-Fi
• Bluetooth
• Zigbee
• Cellular
• RFID
• Other