Communications Market Report 2024

The Communications Market Report 2024 is a comprehensive analysis of the UK communications sector, providing insights into trends and changes in telecommunications, television, and radio. The report highlights significant declines in traditional communication services, with a 6% drop in total fixed and mobile call volumes and a 13% decrease in SMS and MMS messaging in 2023. It notes a growing demand for data, with mobile data consumption rising by 21% and fixed broadband usage increasing by 11%. The report also details the revenue generated by the UK telecoms sector, which reached £32.8 billion, reflecting a year-on-year decline. Additionally, it discusses the evolving landscape of audiovisual revenues, which remained flat, and the continued decline in broadcast TV viewing among younger demographics. The report emphasizes the importance of online platforms and the shift in radio listening habits, with a notable increase in online and smart speaker usage. Overall, the report presents a detailed overview of the current state of the communications market in the UK.