Analysis of ICT market in UK Essay Example | Topics and Well Written Essays - 1750 words

Analysis of ICT market in UK - Essay Example The Vodafone and Telefonica-O2 were newly licensed in the same Conservative government. It produced the far-reaching variations in ICT sector of UK. It stimulated the competition and enabled the mobile manufacturing companies to make the innovative products. During the same time, Asian and Eastern Europe countries had become capable to compete in manufacturing the electronic products in market. In reply to this electronic growth, ICT sector of UK concentrated on the software services. ICT sector was much focused to develop the new software instead of making the new hardware. ICT industry in UK is concentrated with most famous fifty companies of the world. On other hands, there are 95000 small level firms. The smaller firms are micro-business with fewer than ten employees. Software design, IT management, IT consultancy, IT reselling and distribution are key activities of ICT market in UK. This paper is focused upon the market analysis of ICT market in United Kingdom. ICT market analysis in the perspective of sub-sectors particularly education and why small medium enterprises (SMEs) are slower in full adoption of ICT in UK? Along with this impacts of ICT on education sector of UK has been also analyzed. Literature review is aimed to summarize ICT market analysis in UK. Market analysis allows seeing the technology impacts on different sectors varying from education to SMEs for their businesses. Review will help to identify the areas, where ICT has impacted positively and investigate the areas which are less or negatively impacted. The ICT market as a whole in UK is most attractive for foreign companies to invest in ICT goods and services. UK’s legal framework is supportive for business in ICT sector. Increased appetite of consumers in UK for technology supports the build up and growth of UK’s marketplace (UK Trade & Investment, 2009). In a report   Middleton (2014) identified that a strong link existed