Hong Kong Data Center Market Growth, Trends, and Forecasts 2021-2026 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Hong Kong Data Center Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The Hong Kong Data Center Market is expected to register a CAGR of 3.5% over the forecast period 2021 to 2026.

Hong Kong has advanced to become a local hub for large companies across a range of businesses. Most large global providers are concentrating on Hong Kong to build a geo-redundant hyper multi-cloud architecture. Improved smart city initiatives, an improvement in cloud-based services, procurement of renewable energy resources, and growth of digital transformation and expansion of colocation and hyperscale Datacenter facilities are anticipated to drive the data center investment in Hong Kong.

Nearly all the major cloud and hosting providers globally have established a presence in Hong Kong. According to Datacenters.com, there are presently 22 providers and 43 data centers in Hong Kong. This comprises 42 colocation facilities, 29 cloud nodes, 13 Internet exchanges (IX), and 10 disaster recovery and business continuity (DRBC) sites.

In particular, hyper-scale and international digital media content providers and public cloud service providers such as Amazon Web Services (AWS), Facebook, Google, and Alibaba Cloud have been fundamental in pushing demand for data center services, significantly enhancing their uptake of data center capacity in Asia and particularly in Hong Kong over the past few years, by building massive-scale platforms.

Hong Kong is one of the several locations in Asia with a stable and reliable supply of electricity, exceptional telecoms infrastructure with excellent fiber connectivity, and is sheltered from natural disasters. According to Census and Statistics Department Hong Kong, in 2018, there were 238 external telecommunications service operators in Hong Kong, and BRI (business receipts index) for the telecommunications business in Hong Kong had amounted to 97.9 index points.

Hong Kong is all prepared for the commercial launch of 5G services and applications in 2020. Fifth-generation (5G) mobile networks are the catalyst for smart city development, enabling massive machine-to-machine communications for better implementation of Internet of Things (IoT), and supporting device-to-device ultra-reliable/low latency communications, consequently providing a boost to achieve its long-term goal as a data center hub and smart city.

Hong Kong is a principal financial and international trading and logistics hub and is home to several regional offices and headquarters of global corporations. This generates a strong demand for secure data center facilities and services. Its proximity to China's Mainland is also core strength, thus stressing the need for data centers in the region.

Competitive Landscape

The Hong Kong data center market is moderately competitive with the major players adopting strategies like product and service innovation and mergers and acquisitions. The market consists of several major players.

Some of the major players in the market are China Mobile Limited, Cyxtera Technologies Inc., Colt's Manufacturing Company, LLC, Digital Realty Trust, Inc., among others.

The growing adoption of IT infrastructure is a principal driver in the data center market in Hong Kong, with high adoption of servers, storage, and networking infrastructure.

 

Key Topics Covered:

 

1 INTRODUCTION

1.1 Study Assumptions and Market Definition

1.2 Scope of the Study

 

2 RESEARCH METHODOLOGY

 

3 EXECUTIVE SUMMARY

 

4 MARKET INSIGHTS

4.1 Market Overview

4.2 Industry Attractiveness - Porter's Five Forces Analysis

 

5 MARKET DYNAMICS

5.1 Market Drivers

5.1.1 Robust and Advanced Telecommunications Infrastructure

5.1.2 Increasing Demand for Cloud Computing

5.1.3 Growing Need for Data Security

5.2 Market Restraints

5.2.1 Long Term Planning for Additional Capacity

5.2.2 Strong Growth in Neighboring Developing Markets

5.3 Market Opportunities

5.4 Industry Value Chain Analysis

5.5 Analysis on the impact of COVID-19 on the Hong Kong Data Center Market

 

6 MARKET SEGMENTATION

6.1 By Infrastructure

6.1.1 By IT Infrastructure

6.1.1.1 Server

6.1.1.2 Storage

6.1.1.3 Network

6.1.2 By Electrical Infrastructure

6.1.2.1 UPS Systems

6.1.2.2 Generators

6.1.2.3 Transfer Switches and Switchgears

6.1.2.4 Rack PDU

6.1.2.5 Other Electrical Infrastructure

6.1.3 By Mechanical Infrastructure

6.1.3.1 Cooling Systems

6.1.3.2 Rack

6.1.3.3 Other Mechanical Infrastructure

6.2 By Type

6.2.1 Enterprise Data Centers

6.2.2 Managed Services Data Centers

6.2.3 Colocation Data Centers

6.2.4 Cloud Data Center

6.3 By End -user Industry

6.3.1 BFSI

6.3.2 Telecom and IT

6.3.3 Government

6.3.4 Healthcare

6.3.5 Other End -user Industries

 

7 COMPETITIVE LANDSCAPE

7.1 Company Profiles

7.1.1 China Mobile Limited

7.1.2 Colt's Manufacturing Company, LLC

7.1.3 Cyxtera Technologies, Inc.

7.1.4 Citic Telecom CPC

7.1.5 Digital Realty Trust, Inc.

7.1.6 Epsilon Data Management, LLC

7.1.7 Equinix, Inc.

7.1.8 Global Switch Limited

7.1.9 HGC GlobalCentre Limited

7.1.10 Internet Initiative Japan Inc.

7.1.11 NTT DATA Hong Kong Limited

7.1.12 HKEX Group

7.1.13 OneAsia Network Limited

7.1.14 iTech Towers Data Centre Services Ltd

7.1.15 SUNeVision Holdings Ltd.

7.1.16 PCCW Limited

7.1.17 Towngas Telecommunications Company Limited

7.1.18 Telehouse Hong Kong CCC

 

8 INVESTMENT ANALYSIS

 

9 MARKET OPPORTUNITIES AND FUTURE TRENDS

 

For more information about this report visit https://www.researchandmarkets.com/r/34ci84.