Hong Kong Data Center Colocation Market - Supply & Demand Analysis 2023-2028

COLOCATION DEMAND AND SUPPLY HIGHLIGHTS

Hong Kong is among the top destinations for developing data centers in the APAC. The ease of doing business in Hong Kong is higher due to its proximity to mainland China and import-export relations of the market to major markets such as China. Hong Kong has around 51 operational colocation data centers. Most colocation data centers are being developed according to Tier III standards. The country has the presence of both local and global operators such as SUNeVision Holdings (iAdvantage), Equinix, Digital Realty, Vantage Data Centers (PCCW Solutions), NTT Global Data Centers, Global Switch, Telehouse, AirTrunk, China Unicom, others. The country is also witnessing improvement in terms of submarine connectivity. For instance, the country is witnessing new investment in four submarine cables, likely operational by 2025. 

The Hong Kong data center colocation market is booming with the entry of several operators such as GDS Services, Edge Centres, Mapletree Investments, and Angelo Gordon. The global operators are using M&A and JV strategies to enter the industry. For instance, Vantage Data Centers acquired PCCW Solutions data center business to enter the Hong Kong data center market. Further, the support for developing data centers in Hong Kong is high. The government established a special unit for data center developments called Developing Data Centres in Hong Kong to support the growth of the Hong Kong data center colocation market. The increase in digitalization initiatives is boosting the market, and the government is also working towards the Digital 21 Strategy that focuses on developing the ICT market in Hong Kong.

WHAT’S INCLUDED?

• A transparent research methodology and insights on the colocation demand and supply aspect of the market.
• Market size is available regarding utilized white floor area, IT power capacity, and racks.
• Market size available regarding Core & Shell Vs Installed Vs Utilized IT Power Capacity and occupancy %.
• An assessment and snapshot of the colocation investment in Hong Kong and comparison between the APAC region and global.
• The study of the existing Hong Kong data center market landscape and insightful predictions about the data center market size during the forecast period.
• An analysis of the current and future colocation demand in Hong Kong by several industries.
• The study on sustainability status in Hong Kong
• Analysis of current and future cloud operations in Hong Kong.
• The snapshot of upcoming submarine cables and existing cloud-on-ramps services in Hong Kong.
• Snapshot of existing and upcoming third-party data center facilities in Hong Kong
  • Facilities Covered (Existing): 51
  • Facilities Identified (Upcoming): 13
  • Coverage: 6+ locations
  • Existing vs. Upcoming (White Floor Area)
  • Existing vs. Upcoming (IT Load Capacity)
• Data center colocation market in Hong Kong
  • Colocation Market Revenue & Forecast (2022-2028)
  • Retail Colocation Revenue (2022-2028)
  • Wholesale Colocation Revenue (2022-2028)
  • Retail Colocation Pricing along with Addons
  • Wholesale Colocation Pricing along with the pricing trends.
• An analysis of the latest trends, potential opportunities, growth restraints, and prospects for the colocation data center industry in Hong Kong.
• Competitive landscape, including market share analysis by the colocation operators based on IT power capacity and revenue.
• The vendor landscape of each existing and upcoming colocation operator is based on the existing/ upcoming count of data centers, white floor area, IT power capacity, and data center location.

TARGET AUDIENCE

• Data Center Real Estate Investment Trusts (REIT)
• Data Center Construction Contractors
• Data Center Infrastructure Providers
• New Entrants
• Consultants/Consultancies/Advisory Firms
• Corporate and government agencies