The UK's exports of ICT services have shown a generally upward trend from 2013 to 2023, increasing from $27.545 billion in 2013 to $45.77 billion in 2023. Year-on-year variations indicate fluctuating growth rates, with the most significant increases in 2021 (17.47%) and 2020 (12.33%). The Compound Annual Growth Rate (CAGR) over the last five years (up to 2023) stands at 5.93%. The forecast for 2028 projects a more tempered growth rate, with a five-year CAGR of 2.85% and a total estimated growth of 15.1% from 2023 to 2028.

Future trends to watch:

Potential impacts of geopolitical developments on ICT export policies.
Emerging technologies such as AI and 5G contributing to ICT service growth.
Economic recovery post-pandemic and its influence on international trade dynamics.
Evolution of regulations and standards affecting global ICT markets.