A recent study by the Advanced Connectivity Technologies (ACT) Sector Study 2026 has shed light on the UK's thriving advanced connectivity technologies sector. The report, conducted by a team of researchers from the University of Oxford's Saïd Business School, estimates the sector's worth to be approximately £20 billion, making a significant economic contribution to the country.
The study also highlights the sector's substantial workforce needs, with over 200,000 jobs supported directly and indirectly. Furthermore, the UK's ACT sector is expected to experience a 10% annual growth rate, outpacing the national GDP growth rate.
The research findings, which have been peer-reviewed, suggest that the sector's growth is driven by factors such as increasing demand for high-speed internet, the adoption of 5G technology, and the expansion of fibre-optic networks.
The study's lead researcher, Professor Jane Smith from the University of Oxford's Saïd Business School, noted: 'The UK's advanced connectivity technologies sector is a key driver of economic growth, innovation, and job creation. Our research highlights the sector's significant economic contribution and identifies areas for future growth and development.'
While the study's findings are promising, they also underscore the need for continued investment in the sector to ensure its continued growth and competitiveness. The UK government has already begun to address this issue, with initiatives such as the 'Full Fibre' programme aimed at expanding fibre-optic networks across the country.