As of 2024, the value added by the computer, electronic, and optical products sector in the UK is forecasted to steadily increase from £15.25 billion in 2024 to £16.29 billion by 2028. The sector was valued at £15.00 billion in 2023. Year-on-year percentage growth from 2024 to 2025 is approximately 1.70%, while from 2025 to 2026, it shows about 1.74% growth. From 2026 to 2027, growth is around 1.65%, and from 2027 to 2028, it is approximately 1.56%. The compound annual growth rate (CAGR) over this five-year period is around 1.71%.
Future trends to watch include advancements in technology, shifts in market demands, and potential impacts of new regulations or trade agreements post-Brexit. The sector's growth may also be influenced by increased investment in digital infrastructure and innovation in connected and smart devices.
