In 2022, the market research industry in the United Kingdom generated approximately 11 million U.S. dollars, a slight decrease when compared to the previous year. The 2023 forecast for the market research industry in the United Kingdom has looked promising and has predicted an extra 1.2 million U.S. dollars in turnover compared to 2022.

The United Kingdom Data Center Storage Market Report is Segmented by Storage Technology (Network Attached Storage (NAS), Storage Area Network (SAN), Direct Attached Storage (DAS), and Other Technologies), by Storage Type (Traditional Storage, All-Flash Storage, and Hybrid Storage), by End-User (IT & Telecommunication, BFSI, Government, Media & Entertainment and Other End-Users). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

United Kingdom IT Services Market Report is Segmented by Type (IT Outsourcing, IT Consulting & Implementation, and Business Process) and End User (IT and Telecommunication, Government, BFSI, Energy & Utilities, Consumer Goods & Retail, and Other End Users). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

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UK Used Car Market Size 2025-2029

The uk used car market size is forecast to increase by USD 39.5 billion billion at a CAGR of 6.2% between 2024 and 2029.

The Used Car Market in the UK presents a significant value proposition for investors and businesses due to its size and growth dynamics. This market is driven by various factors, including the improving economic conditions, increasing consumer preference for cost-effective alternatives to new cars, and the rise of touchpoint management solutions that enhance the buying and selling experience. Furthermore, the emergence of car subscription services has added a new dimension to the market, offering flexibility and convenience to consumers. However, challenges such as increasing competition, regulatory changes, and the need for transparency and trust in the marketplace require strategic planning and innovation from market participants. Companies seeking to capitalize on these opportunities and navigate challenges effectively should focus on offering competitive pricing, exceptional customer service, and innovative solutions that address the evolving needs of consumers in the UK used car market.

What will be the size of the UK Used Car Market during the forecast period?

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The used car market in the UK is a significant sector of the European automobile industry, characterized by demand and dynamic trends. With a vast dealership network and increasing online sales, this market caters to various consumer preferences, including sports utility vehicles (SUVs), passenger cars, hatchbacks, sedans, hybrid vehicles, and electric cars. The market's size is substantial, with millions of used vehicles transacted annually. Key trends include the growing popularity of SUVs, digital sales, and car subscription services. Online marketplaces, such as auto marketplaces and telecom industry platforms, facilitate transactions, offering consumers access to extensive vehicle history records, financing options, and vehicle quality information. Used car management companies, leasing offices, and car dealers play crucial roles in the market, providing services like vehicle inspections, appraisals, and certification. The market's direction is influenced by factors like consumer confidence, residual values, and the shift towards petrol engines, diesel vehicles, and alternative fuel options like hybrid and electric vehicles. Quality finance charges, off-lease vehicles, and blockchain records are increasingly shaping the market landscape, ensuring transparency and trust in used car transactions. The average ownership duration is decreasing, with consumers seeking more flexible financing options and convenient digital retailing experiences. Overall, the used car market in the UK remains a vibrant and evolving sector, adapting to consumer needs and technological advancements.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ChannelOrganizedUnorganizedVehicle TypeCompact carSUVMid sizeTypePetrolDieselOthersGeographyUK

By Channel Insights

The organized segment is estimated to witness significant growth during the forecast period.

Used cars in the UK market are primarily sold through organized companies, which include dealership chains, online marketplaces, and original equipment manufacturers (OEM)-affiliated dealerships. These organizations ensure a smooth vehicle ownership transfer with local government collaborations and complete transparency regarding timelines and fees. They offer technical expertise and financial support to buyers, enabling a more convenient and trustworthy purchasing experience. The rise of online marketplaces, such as Motors.Co.Uk, with features like virtual showrooms and detailed vehicle histories, has significantly contributed to the growth of the used car sector. Organized companies' ability to digitalize and create a seamless interface is a key driver for sales during the forecast period.

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The Organized segment was valued at USD 78.40 billion in 2019 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in adoption of UK Used Car Market?

Excellent value for money proposition of used cars is the key driver of the market. The used car market in the UK has witnessed significant growth due to the increasing number of automakers entering this sector and the

The United Kingdom Data Center Market is segmented by Hotspot (London), by Data Center Size (Large, Massive, Medium, Mega, Small), by Tier Type (Tier 1 and 2, Tier 3, Tier 4) and by Absorption (Non-Utilized, Utilized). Market Volume in Megawatt (MW) is presented. Key Data Points observed include IT load capacity for existing and upcoming data centers, current and upcoming hotspots, average mobile data consumption, volume of fiber cable connectivity in KM, existing and upcoming submarine cables, rack space utilization, and number of data centers by tier.

The UK special interest tourism market is poised for robust growth, projected to increase from USD 367.3 Million in 2025 to USD 918.2 Million by 2035. The market is expected to grow at a CAGR of 9.6% during this period.

The UK home improvement market size reached USD 14.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 21.6 Billion by 2033, exhibiting a growth rate (CAGR) of 4.3% during 2025-2033. The market is propelled by the rising demand for energy-efficient homes, increased focus on home aesthetics and interior design, growing adoption of smart home technology, and a rise in DIY projects and home renovation during the pandemic.

In 2023, the UK Digital Marketplace Market reached a value of USD 21.15 billion, and it is projected to surge to USD 37.55 billion by 2030.

The UK Chocolate Market size was valued at USD 11240 Million in 2023 and is projected to reach USD 17990 Million by 2032, exhibiting a CAGR of 6.20">> 6.20 % during the forecast periods. It is dynamic, as consumer demand in the UK for a myriad of innovative chocolate products is very high. The market is accompanied by upscale and better chocolate products and is infused with a dimension of artisanal products, ethical sourcing, multiple flavors, and textures. Chocolate products can be used in a range of confectionery applications, snacks, desserts, and more. Important types include milk, dark, white, and specialty chocolates. Further, technologies used are conching, tempering, and microencapsulation that are inculcated to improve the quality of the product. The market bears a positive effect on economy and follows the trends towards a healthier and ethically sourced consumption style. Strengths are a wide product category and continuous innovation in line with customer preferences for premium and ethically sourced products. Recent developments include: March 2023: Whitakers Chocolates unveiled its investment in enhancing its printing process and flow wrapping capabilities as it expands its chocolate production focused on private label ranges. The company’s launch product is a 90-gram flow wrap square pack of dark chocolate Fondant Creams.October 2022: Barry Callebaut introduced the second generation of chocolate. By design, the second generation of chocolate puts ‘cocoa first, sugar last.’ Dark chocolate is only made from cocoa and sugar; milk chocolate contains dairy as well.February 2022: Nestlé unveiled new chocolates and sweets, including KitKat Biscoff Giant Egg and Aero Melts. Nestlé unveiled an array of new goodies for chocolate and sweet lovers that will land on UK shelves.. Key drivers for this market are: Increasing awareness towards fitness among consumers, Demand for convenient fortified foods. Potential restraints include: Increasing vegan culture in the market. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The UK paper and paperboard market expanded remarkably to $505M in 2024, increasing by 6.6% against the previous year. In general, the total consumption indicated a temperate increase from 2012 to 2024: its value increased at an average annual rate of +4.4% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -1.3% against 2022 indices.

UK IT Services Market size was valued at USD 105.14 Billion in 2024 and is projected to reach USD 180.65 Billion by 2032, growing at a CAGR of 7% from 2025 to 2032.

UK IT Services Market Dynamics

The key market dynamics that are shaping the UK IT services market include:

Key Market Drivers

Digital Transformation Acceleration Post-COVID: The pandemic has dramatically accelerated digital transformation initiatives across UK businesses, creating sustained demand for IT services. According to the Office for National Statistics (ONS), the percentage of UK businesses using cloud computing services increased from 42% in 2020 to 53% in 2023, with enterprise spending on digital transformation reaching USD 66.46 billion in 2023. The UK government’s “Digital Strategy” initiative has further committed USD 3.23 billion in digital skills training through 2025 to support this transformation.

Based on employment data collected in the United Kingdom (UK), in the fourth quarter of 2022, there were a total of 192 thousand individuals working in advertising and market research. In general, the number of women working in this industry was higher than the number of men. However, the number of men was higher for self-employed advertising and market researcher specialists.

Revenue: market research vs. advertising

Despite its significance, market research still makes up a small share of the overall industry revenue in the United Kingdom, attesting to the immense profitability of the advertising segment. By 2022, it accounted for 11 percent of the entire segment’s revenue, and this is expected to continue to 2024 even as overall earnings rise.

Internet advertising on the rise

On the other hand, advertising has always brought in the largest revenue and its growth is by and large due to online marketing. In fact, while advertising spend for a majority of channels in the UK has either entered a slow decline or remained the same, spending on internet advertising surpasses 10 billion British pounds. This is largely in line with the rise of device and smartphone ownership, as well as the growing popularity of online video-on-demand services.

UK Digital Twin Market is projected to grow at a CAGR of around 30% during 2022-27.

The size of the UK Chocolate Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 3.32% during the forecast period. The UK Chocolate Industry covers the manufacturing, delivery, and enjoyment of various types of chocolate, such as dark, milk, and white chocolate. Strong consumer demand for chocolate, used in confectionery, bakery, and dairy products, is the driving force behind this market. Recent patterns show an increasing desire for high-quality and handcrafted chocolates, along with a rising popularity of incorporating chocolate into creative flavor pairings. Challenges in the market include varying prices of raw materials and strict regulatory standards. On the other hand, factors driving growth consist of increasing disposable incomes and the growth of the bakery and confectionery industries. Key players are putting money into research and development to come up with new ideas and broaden their range of products. Important advancements in the market involve the introduction of new products and forming strategic partnerships to improve market expansion and customer involvement. The British chocolate sector is set to experience consistent expansion due to rising consumption and ongoing innovation in products. Recent developments include: June 2021: The Puratos, United Kingdom-based company, launched two new Belgian chocolate products with 40% less sugar than their previous offerings., April 2020: Brenntag Food & Nutrition and Cargill expanded their distribution relationship in the United Kingdom and Ireland to include cocoa and chocolate., January 2020: Swiss chocolate and cocoa products company Barry Callebaut has opened a new branch of its Chocolate Academy in Banbury, United Kingdom.. Key drivers for this market are: Wide Applications and Functionality, Demand For Gluten-Free Products. Potential restraints include: Easy Availability of Economically Feasible Alternatives. Notable trends are: Upsurge in Consumption of Bakery and Confectionery Products.

The UK self-adhesive printed label market soared to $2.6B in 2023, surging by 17% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $2.9B. From 2015 to 2023, the growth of the market remained at a lower figure.

This statistic illustrates the fastest growing market research agencies in the United Kingdom (UK) as of January 2016, by growth rate. It can be seen that the second fastest growing market research agency was Verve with a growth rate of 40.96 percent at that time.

It is expected that the UK adventure tourism market will grow from an estimated USD 13.7 billion in 2025 to USD 23.8 billion by 2035, with a CAGR of 5.6% during the forecast period from 2025 to 2035.

Forecast: Production Value of Advertising and Market Research in the UK 2024 - 2028 Discover more data with ReportLinker!

Discover insights into the UK Agrivoltaic Market, projected to grow significantly by 2030. Explore market size, share, and growth trends in this comprehensive report.

Base Year 2023 Forecast Period 2024-2028 Market Growth X.XX%*