The ICT Gross Value Added in the UK is forecasted to grow from 2024 to 2028, starting at £155.22 billion in 2024 and reaching £175.43 billion by 2028. This indicates a consistent average growth of approximately 3% annually. As of 2023, the actual ICT GVA was slightly below £155.22 billion. Year-on-year growth reflects a stable increase, emphasizing the sector's resilience and expansion potential.
Future trends to watch include:
- The impact of emerging technologies such as AI and blockchain on productivity.
- Shifts in consumer behavior toward digital services.
- Policy changes and investments in digital infrastructure impacting growth.
- The adaptation of green technology to meet sustainability goals.
