UK logistics and ICT markets projected to surge by 2035

A market research report estimates that the United Kingdom freight and logistics sector was worth about USD 128.94 billion in 2025 and is expected to reach roughly USD 210.03 billion by 2035, reflecting a compound annual growth rate (CAGR) of 5.0%. Growth is attributed to rising demand from manufacturing, consumer‑goods firms, and e‑commerce, with companies such as FedEx, UPS, Schenker and DSV expanding infrastructure and adopting digital tools like artificial intelligence and blockchain. The report also notes that post‑Brexit customs changes could raise logistics costs.

The same source projects the UK information‑ and‑communication‑technology (ICT) market at USD 196.6 billion in 2025, climbing to approximately USD 568.37 billion by 2035, a CAGR of 11.2%. Key drivers include expanding cloud adoption, cybersecurity needs, digital transformation in finance, healthcare and education, and increased demand for 5G, AI, IoT and digital health services. Investment in R&D and sustainability‑focused digital solutions is also highlighted as a growth factor.