kMatrix

What kMatrix does

Kmatrix Ltd is a UK-based market intelligence and data house founded in 2012, headquartered in Greetham, Rutland. The company specialises in evidential data and quantitative analysis for hard-to-measure markets — including the Green Economy / Low Carbon Environmental Goods and Services (LCEGS), Construction, Cyber Security, and emerging technology sectors — where standard industrial classification (SIC) codes and national statistics provide inadequate coverage. Its core technology is a proprietary multi-source triangulation methodology that originated in an international research programme at Harvard University, calculates over 65 metrics per market, and requires a minimum of seven data sources per data value. The most prominent output is the LCEGS2023 taxonomy, which has expanded from 2,769 activities across 24 sub-sectors to 5,133 activities across 36 sub-sectors.

The product portfolio comprises seven core services (Economic Intelligence, Market Intelligence, Technology Market Assessment, Investment Appraisal, Corporate Development, Public Sector Commercialisation, and Business Recycling) plus sector datasets and analytical tools such as the Supply Chain Capacity Mapping Tool. Customers are predominantly UK public-sector bodies — including the Midlands Net Zero Hub, Greater South East Net Zero Hub, Durham County Council, Greater London Authority, Enterprise M3 LEP, and New Anglia LEP — alongside academic institutions (UCL) and enterprise/professional services firms (PwC, Deloitte, St James's Place). The Government of NSW, Australia, is named as an international client.

The commercial model is project-based: datasets are sold on a pay-as-you-go basis at unit prices ranging from £100 for a single data line to £7,000 for a comprehensive Level 5 dataset, and LCEGS2023 datasets are supplied ad hoc with interpretive support. The company was awarded UK statistical status in 2013 for its methodology and is recognised by UK/US financial markets as Competent Persons for due diligence on land and technology-based investment proposals. Ownership is private and founder/management-led, with no disclosed institutional investors or external funding.

Name

kMatrix

Legal name

Kmatrix Ltd

Website

https://kmatrix.co

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

kMatrix is a UK-based market intelligence firm that uses a Harvard-originated multi-source triangulation methodology to measure hard-to-quantify sectors — primarily the Green Economy / LCEGS — for UK government bodies, universities, and select enterprise clients.

Ownership category

akta.pro rank

Product category

Market Intelligence / Business Research Services

NAICS

Marketing Research and Public Opinion Polling (541910)

akta.pro primary industry

Industry & Sector Research (Syndicated/Custom) (BPAHALAE)

akta.pro secondary industries

Competitive Intelligence & Benchmarking (BPAHALAB), Economic & Macroeconomic Research (BPAHALAD)

Keywords

• Market intelligence services
• Economic data analysis
• Low carbon sector measurement
• Technology market assessment
• Investment appraisal research

Headquarters

HQ city

Oakham

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. Market Intelligence Datasets and Reports: kMatrix generates revenue primarily through the sale of market intelligence datasets and analytical reports. Pricing varies by data depth and scope, ranging from £100 for single data lines to £7,000 for comprehensive datasets covering 2,769 activities at Level 5. The company also offers LCEGS2023 datasets with 5,133 activities on an ad-hoc basis.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

kMatrix is an evidence-based market intelligence firm that provides quantitative and qualitative analysis of hard-to-measure markets and emerging sectors using a proprietary multi-source triangulation methodology originating from a Harvard University international research programme. It sells datasets, analytical reports, and bespoke commissioned studies covering economic intelligence, market intelligence, technology market assessment, investment appraisal, corporate development, public sector commercialisation, and business recycling, with its LCEGS sector dataset as a flagship standardised product.

Product overview

kMatrix provides market intelligence services as a unified portfolio of analytical offerings. The core services include Economic Intelligence, Market Intelligence, Technology Market Assessment, Investment Appraisal, Corporate Development, Public Sector Commercialisation, and Business Recycling. These services are delivered through a proprietary research methodology combining big data, triangulation techniques, and industrial data grids. Key data products include the LCEGS (Low Carbon Environmental Goods and Services) sector datasets, with the LCEGS2023 taxonomy covering 5,133 activities across 36 sub-sectors. The company also provides sector-specific analytical tools such as the Supply Chain Capacity Mapping Tool for construction projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Economic Intelligence Transforms economic and business data into actionable intelligence and programmes of business support to improve competitive performance in domestic and international markets, primarily for public sector clients.
• Market Intelligence Provides competitive data on markets, sales, imports, exports, growth and other metrics for major global economies at detailed product/service level across many industries and sectors, serving public, private, and financial sector clients.
• Technology Market Assessment Multi-source and multi-factor analysis for decision-making about the development and commercialisation of current or future technology, providing affordable, timely competitive market intelligence for commercial decision-making, resource allocation, and risk management.
• Investment Appraisal Independent appraisal of the technological, market, product, or operational opportunities and risks associated with an investment prospect, delivered as a Competent Person service recognised by UK/US financial markets.
• Corporate Development Services supporting corporate development activities and strategic planning for client organisations.
• Public Sector Commercialisation Work with public sector clients including national, regional, and local government and industry bodies across multiple industrial sectors, particularly Low Carbon, Renewable Energy, Environmental, Digital Media, Healthcare & Life Sciences, Aerospace, Space, Security, Advanced Materials, the Built Environment, Carbon Markets, and Marine.
• Business Recycling Designed to offset the negative impacts of corporate down-sizing or re-location on regional economies by finding alternative business applications for threatened skills, technology base, and real estate.
• LCEGS (Low Carbon Environmental Goods and Services) Sector Dataset Standardised measurement dataset of the Green Economy, including 5,133 activities (LCEGS2023) across 36 sub-sectors that provide goods or services for carbon reduction, energy efficiency, renewable energy, or environmental benefits. Sold as discrete units with companion short reports.
• Supply Chain Capacity Mapping Tool Analytical tool developed for planning of large-scale construction projects, including supply chain capacity mapping, skills measurements, and scalability assessments across the Construction sector.

Quantifiable outcome

• UK LCEGS sector measured at £205.7bn for 2020/21
• +2 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Midlands Net Zero HubcoreStrategic or Co-development PartnerMidlands Net Zero Hub commissioned kMatrix to provide data and reporting on the Low Carbon Environmental Goods and Services sector, updating the 2021 LCEGS study. The engagement includes 65 short Local Authority reports, 8 regional reports, and hub-level reporting across 65 Local Authorities in 8 regional areas.
• Sustainability West MidlandscoreStrategic or Co-development PartnerPartnered with kMatrix on the Midlands Energy Hub Low Carbon Environmental Goods and Services Sector Study, providing literature review, stakeholder engagement and policy recommendations alongside kMatrix's market intelligence data.
• Midlands EnginecoreStrategic or Co-development PartnerSupported by Midlands Engine alongside the Midlands Net Zero Hub for the LCEGS study refresh 2024, providing regional economic context.
• Durham County CouncilcoreStrategic or Co-development PartnerCommissioned County Durham's Green Economy Study using LCEGS2023 taxonomy to provide baseline analysis, growth potential and data in evidence for the Green Economy in County Durham.
• County Durham Climate Change CoalitionminorStrategic or Co-development PartnerClimate Count Durham, along with Durham County Council, commissioned the Green Economy study using LCEGS2023.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Omdia (Informa Tech): Omdia provides technology and telecoms market intelligence drawn from proprietary research and data models. Comparable to kMatrix in delivering data-led sector intelligence to enterprises and governments across multiple verticals such as cyber security and advanced technologies.
• Frost & Sullivan: Frost & Sullivan delivers growth strategy and market intelligence, including sector-level research and competitive benchmarking. Overlaps with kMatrix's industry research, competitive intelligence, and technology market assessment offerings for enterprise clients.
• IBISWorld: IBISWorld produces syndicated industry research and market sizing across thousands of sectors globally. Directly comparable to kMatrix in delivering sector-level market intelligence to enterprise and government buyers, but operates at much larger scale with broader subscription catalog.
• Mintel: Mintel produces market research reports and consumer intelligence across sectors and geographies. Comparable to kMatrix in delivering commissioned and syndicated research to public and private sector clients across multiple industry verticals.
• Euromonitor International: Euromonitor provides global market research on industries, economies, and consumer markets. Comparable to kMatrix as a multi-country sector intelligence provider serving enterprise and public sector buyers, though with a much broader product portfolio and established subscription model.
• Bloomberg Intelligence: Bloomberg Intelligence delivers research across industries and asset classes, including ESG and energy transition themes. Comparable in producing sector-level data and analysis for institutional and corporate buyers, though embedded within a much wider platform.

Direct peers

• London Economics: London Economics is a UK-based economic consultancy providing economic analysis and policy evaluation to government and corporate clients. Highly comparable to kMatrix in geographic base, public-sector focus, and economic / sector measurement methodology.
• Mordor Intelligence: Mordor Intelligence produces syndicated and custom market research reports across industry verticals with tiered pricing similar to kMatrix. Compares on business model, report-style output, and multi-vertical sector coverage targeting enterprise and government clients.
• Cambridge Econometrics: Cambridge Econometrics builds multi-region economic models and sector forecasts for government and corporate decision-making. Highly comparable to kMatrix in methodology (modelling + sector data), client base (UK public sector), and focus on sub-national green economy measurement.

Emerging players

• Wood Mackenzie: Wood Mackenzie specialises in energy, renewables, and low-carbon sector research with deep sub-sector taxonomy. Most directly comparable to kMatrix in green economy / LCEGS measurement niche, though operating at far greater scale and focused on commercial energy rather than sub-national economic development.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/kmatrix-data-services-limited
• Xtwitter.com/home

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about kMatrix