Tech Confidence Index 2025 |
Spring Edition

The UK tech sector faces mounting headwinds as we move deeper into 2025, with economic pressures and policy uncertainties weighing on business confidence. Our latest Tech Confidence Index reveals a sector becoming increasingly cautious, with the overall TCI score declining from 6.5 to 6.1 since last autumn.

Despite these challenges, innovation remains resilient. Investment priorities continue to evolve, with AI and GenAI leading the charge as 84% of businesses plan investments in these technologies over the coming year. Meanwhile, talent acquisition has become more difficult, with 54% of respondents now reporting that skills shortages are impacting performance, up from 46% just six months ago.

This Spring 2025 edition of the TCI draws on insights from our comprehensive survey of UK technology leaders across multiple roles and sectors, providing an essential barometer of market sentiment during these uncertain times.

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Capturing the view of the market

One of TechMarketView’s unique strengths is our ‘community’ of more than 20,000 technology industry professionals who read the daily UKHotViews newsletter. In the past, we have gauged opinions via our extensive conversations with CXOs within the industry. 

However, we would like to make sure we are casting the net wider and ‘taking the temperature’ of the UK tech market in a more consistent way, enabling us to monitor changes over time.

Tech Confidence Index 2024 | Summer-Autumn

The UK tech market has been through the wringer over the last few years, having navigated the complexities of Brexit, a global pandemic, geopolitical turbulence, and an energy crisis. The economic consequences – and hence the impact on businesses – have been significant.

However, we have also witnessed a period of impressive innovation, which has often required wider cultural and organisational transformation. Enormous change over a short period of time has been accelerated by the need to work from home, the increasing expectations of consumers and employees, and the emergence of promising emerging technologies, such as GenAI, IoT, and Digital Twins. Of course, the other big news for the country was the election of a new government.

This first edition of the TCI includes the results of a major survey of c.250 business leaders, including CEOs, VPs, MDs and Sales and Finance heads, serving all major SITS sectors and end user industries. 

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