Home > Salary > United Kingdom > Market Development Manager
A Market Development Manager is responsible for identifying and pursuing new business opportunities in order to expand and penetrate markets. They conduct market research to identify potential customers and develop strategies to attract and retain them. They analyze market trends, competitor activities, and customer needs to develop sales and marketing plans. They also collaborate with cross-functional teams to develop and launch new products or services.
Estimated Yearly Salary: 57,275 GBP
Estimated Monthly Salary: 4,773 GBP
Estimated Weekly Salary: 1,101 GBP per week
Estimated Hourly Salary: 28 GBP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 4,604 GBP
Estimated Weekly Salary: 1,062 GBP per week
Estimated Hourly Salary: 27 GBP per hour
Last revision of data: 2024-04-17
Estimated Yearly Salary: 67,065 USD
Estimated Monthly Salary: 5,589 USD
Estimated Weekly Salary: 1,290 USD per week
Estimated Hourly Salary: 32 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
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Estimated Yearly Salary: 57,275 GBP
Estimated Monthly Salary: 4,773 GBP
Estimated Weekly Salary: 1,101 GBP per week
Estimated Hourly Salary: 28 GBP per hour
By working as Market Development Manager a person can save up to 3,633 USD per month or 43,598 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in United Kingdom, see costs of living in United Kingdom.
Estimated Yearly Salary for Market Development Manager
Last revision of data: 2025-01-04
Data as of 2025
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Market Development Manager salary in United Kingdom
Average Yearly Salary of Market Development Manager in United Kingdom is approximately 57,275 GBP (67,065 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Market Development Manager do?
A Market Development Manager is responsible for identifying and pursuing new business opportunities in order to expand and penetrate markets. They conduct market research to identify potential customers and develop strategies to attract and retain them. They analyze market trends, competitor activities, and customer needs to develop sales and marketing plans. They also collaborate with cross-functional teams to develop and launch new products or services.
Skills: Market Research, Business Development, Sales Strategy, Market Analysis, Customer Acquisition, Product Launch
Job industry: Sales and marketing
Job industry: Sales and marketing
How much does Market Development Manager make?
Salary details
How much does Market Development Manager make?Estimated Yearly Salary: 57,275 GBP
Estimated Monthly Salary: 4,773 GBP
Estimated Weekly Salary: 1,101 GBP per week
Estimated Hourly Salary: 28 GBP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 55,244 GBPEstimated Monthly Salary: 4,604 GBP
Estimated Weekly Salary: 1,062 GBP per week
Estimated Hourly Salary: 27 GBP per hour
Last revision of data: 2024-04-17Market Development Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 67,065 USD
Estimated Monthly Salary: 5,589 USD
Estimated Weekly Salary: 1,290 USD per week
Estimated Hourly Salary: 32 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
The United Kingdom, also known as the UK, is a country located in northwestern Europe. It consists of four countries: England, Scotland, Wales, and Northern Ireland. With a population of approximately 66 million people, it is the fifth-largest economy in the world. The UK covers an area of around 93,600 square miles, making it the 78th largest country by size.
Estimated national average yearly salary is 41,537 GBP (48,890 USD). Value indicated is pre-tax. Below graph shows estimated Market Development Manager job salary compared to average salary in United Kingdom.
Comparison shows that a person working as Market Development Manager in United Kingdom earns on average:
1.38 times the average salary (or 138% of average salary).
Estimated national average yearly salary is 41,537 GBP (48,890 USD). Value indicated is pre-tax. Below graph shows estimated Market Development Manager job salary compared to average salary in United Kingdom.
Comparison shows that a person working as Market Development Manager in United Kingdom earns on average:
1.38 times the average salary (or 138% of average salary).
Is Market Development Manager a well paid job?
Yes, our data shows that Market Development Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Market Development Manager?
High salary for Market Development Manager would be somewhere between 63,003 GBP and 83,049 GBP. However this is an estimation based on Gaussian Distribution.How much can you save working as Market Development Manager in United Kingdom?
Living in United Kingdom the approximate monthly expenses are: 1,956 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 57,275 GBP
Estimated Monthly Salary: 4,773 GBP
Estimated Weekly Salary: 1,101 GBP per week
Estimated Hourly Salary: 28 GBP per hour
By working as Market Development Manager a person can save up to 3,633 USD per month or 43,598 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in United Kingdom, see costs of living in United Kingdom.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ireland. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Market Development Manager
Ireland is 121,806 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in United Kingdom
(906,313 GBP per year, pre-tax.)
(398,557 GBP per year, pre-tax.)
(396,499 GBP per year, pre-tax.)
4. Cardiologist
(332,162 GBP per year, pre-tax.)
5. Cardiologist
(330,298 GBP per year, pre-tax.)
(320,143 GBP per year, pre-tax.)
(319,848 GBP per year, pre-tax.)
8. Neurosurgeon
(310,506 GBP per year, pre-tax.)
9. Neurosurgeon
(309,585 GBP per year, pre-tax.)
(309,338 GBP per year, pre-tax.)
Data as of 2025Random salary:
Earth driller (but not oil and gas) (24,851 GBP per year, pre-tax.)
Landscape architect (46,106 GBP per year, pre-tax.)
Deputy district attorney (66,191 GBP per year, pre-tax.)
Youth ministry director (22,388 GBP per year, pre-tax.)
Aerospace engineering and operations technician (36,171 GBP per year, pre-tax.)
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