UK Industrial Internet of Things Market Report Industry Size, Opportunities, and Forecast 2025–2033

UK Industrial Internet of Things Market Overview

​Market Size in 2024: USD 9.53 Billion

Market Forecast in 2033: USD 28.40 Billion

Market Growth Rate (2025-2033): 12.90%

The UK industrial Internet of Things market size reached USD 9.53 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 28.40 Billion by 2033, exhibiting a growth rate (CAGR) of 12.90% during 2025-2033. 

UK Industrial Internet of Things Market Trends and Drivers:

The Industrial Internet of Things (IIoT) is all about connecting industrial machines, sensors, and devices with cutting-edge networking and software technologies. This integration allows for smooth communication between machines and real-time data collection. Thanks to this connectivity, industries can boost their efficiency, productivity, and reliability, making it a key player in the Industry 4.0 movement. By building smart factories, IIoT paves the way for automation, predictive maintenance, and data-driven decision-making, all aimed at optimizing industrial operations.

So, how does IIoT work? It starts by outfitting physical equipment with sensors and devices that collect both operational and environmental data. These devices connect via the internet or private networks, often using gateways or routers to bridge the gap between the physical and digital worlds. The data gathered is then sent to cloud-based analytics platforms, where big data tools and machine learning turn raw information into valuable insights. These insights can be used for various applications, like optimizing production, managing inventory, and enhancing worker safety.

The advantages of IIoT are significant. It improves efficiency through automation and real-time analysis, which not only boosts output but also cuts costs. Predictive maintenance plays a crucial role in preventing equipment failures, reducing downtime, while monitoring systems help keep workplaces safe by spotting potential hazards. Plus, IIoT gives businesses access to valuable insights that lead to smarter operational decisions. Its applications range from smart manufacturing and asset performance monitoring to supply chain visibility and even precision agriculture, transforming a variety of industrial sectors.

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UK Industrial Internet of Things Market News

• In June 2025, Prime Minister Keir Starmer unveiled the UK's long-term industrial strategy “Invest 2035”, targeting advanced manufacturing and digital technologies as growth engines. The plan includes nearly doubling business investment, boosting regional industrial clusters, and facilitating adoption of digital tools like IIoT across sectors.
• In May 2025, former MI6 chief Sir Richard Dearlove and Charles Parton sounded alarms in Parliament over the security risks of Chinese-made cellular IoT modules (CIMs) embedded in UK infrastructure. They warned that such devices could potentially be exploited to disrupt critical systems from traffic lights to EVs and power grids.                               

UK Industrial Internet of Things Market Industry Segmentation:

Component Insights:

• Hardware
• Software
• Services
• Connectivity

End User Insights:

• Manufacturing
• Energy and Utilities
• Automotive and Transportation
• Healthcare
• Others

Regional Insights:

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

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Ask Our Expert & Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=29735&flag=C                            

Key highlights of the Report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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