Society » Economy » Digital economy in Europe | Economic benefits from Big Data efficiency gains by industry UK 2015-2020

Economic benefits from Big Data efficiency gains UK 2015-2020, by industry

Cumulative economic benefits from business efficiency gains as a result of Big Data analytics in the United Kingdom from 2015 to 2020, by industry (Figures are expressed in millions of British Pounds, except where otherwise indicated)

The data shows the economic benefits from business efficiency gains as a result of Big Data analytics in the UK from 2015 to 2020, by industry. It was estimated that the manufacturing sector will realize the highest gains from increased efficiency. Its benefits were calculated at roughly 14.7 billion GBP. In contrast, the economic benefits of the insurance sector were estimated at roughly 1.2 billion GBP.

Manufacturing 14702
Other Activities 12176
Professional Services 12730
Telecoms 6209
Retail 5881
Retail Banking 4330
Energy & Utilities 3620
Investment Banking 2444
Transport & Logistics 4661
Central/Local Government 3341
Healthcare 3528
Insurance 1229