Information Technology (IT): revenue in the United Kingdom (UK) 2012-2019

In the third quarter of 2019, the Information Technology (IT) sector of the Technical Consumer Goods industry generated a revenue of approximately 2.302 billion British pounds. This represents growth of five percent on Q3 2018. Revenue is traditionally higher during the fourth quarter of each year, exceeding three billion British pounds in Q4 2018, the first time that mark had been broken since Q4 2012.

Year on year growth in technical consumer goods

The Technical Consumer Goods industry grew by 6.4 percent from Q1 2018 to Q1 2018, generating revenue amounting to 8.563 billion British pounds in Q1 2019. This included 2.85 billion British pounds generated from telecommunications consumer goods, and 930 million British pounds from consumer electronics.

IT consumer goods in Western Europe

   The 2.575 billion British pounds generated in the United Kingdom makes up a significant chunk of the total revenue generated in Western Europe. In 2019 the IT sector of the Technical Consumer Goods industry generated revenues totaling 14.86 billion euros.

Information Technology (IT) revenue in the United Kingdom (UK) from 3rd quarter 2012 to 3rd quarter 2019

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Source

Release date

January 2020

Region

United Kingdom

Survey time period

3rd quarter 2012 to 3rd quarter 2019

Supplementary notes

*Data for Q3 2014 could not be retrieved.

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