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UK Market and Social Research Sector

A few facts about the UK’s market and social research sector which you are involved in. The UK research insight and analytics industry, ‘the business of evidence,’ has been succinctly characterized as the: “monitoring, measurement, and understanding of markets and societies in support of well-informed and evidence-based decision-making”.

It is estimated that the total turnover of the research sector has now passed £9 billion per annum.  The UK research industry is the second largest in the world, second only to the US. Latest figures for the industry show that more than 50% of European research output is generated in the UK. The average revenue growth anticipated for the sector in 2025 is 4%.

It is estimated that at least 70,000 people are employed in the research, insight and analytics sector, (c. 49,000 full-time and c. 21,000 part-time), with more than 4,000 enterprises engaged in ‘the business of evidence’.

For more information about the UK sector see the Research-Live Industry Report