Society » Economy » Digital economy in Europe | IoT: business creation benefits by industry UK 2015-2020

IoT's business creation benefits in the United Kingdom 2015-2020, by industry

Business creation benefits as a result of the Internet of Things (IoT) 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 business creation benefits as a result of the Internet of Things in the UK from 2015 to 2020, by industry. The healthcare sector was expected to contain the biggest impact on business creation with new businesses' value added amounting to roughly 1.18 billion GBP.

Healthcare 1182
Other Activities 663
Professional Services 607
Telecoms 509
Manufacturing 494
Investment Banking 390
Insurance 192
Transport & Logistics 85
Retail 75
Central/Local Government 48
Energy & Utilities 29
Retail Banking 22

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