
Hong Kong Data Center Market Research Report Includes Size in Terms of
Get Insights on 51 Existing Data Centers and 9 Upcoming Facilities across Hong Kong.
Report Attribute | Details |
---|---|
Market Size - INVESTMENT (2027) | USD 3.9 BILLION |
Market Size - AREA (2027) | 372 thousand Sq. Feet |
CAGR (2022-2027) | 2.88% |
MARKET SIZE -POWER CAPACITY(2027) | 80 MW |
COLOCATION MARKET SIZE- REVENUE(2027) | USD 1.8 BILLION |
BASE YEAR | 2021 |
FORECAST YEAR | 2022-2027 |
Hong Kong data center market size was valued at USD 3.4 billion in 2021 and is expected to reach USD 3.9 billion by 2027, growing at a CAGR of 2.88% during 2022-2027
Hong Kong is a prime location for cloud service providers because it can serve the Asia Pacific and Mainland China. The investments in the Hong Kong cloud services market are growing. The Hong Kong data center market, has the presence of operators such as SUNeVision (iAdvantage), Vantage Data Centers (PCCW Solutions), Digital Realty, Equinix, China Mobile International, Colt Data Centre Services, AirTrunk Operating, China Unicom, and others.
The colocation market in Hong Kong will continue to grow as a result of the government's digitalization initiatives, a strong infrastructure backbone, a stable economy, advances in renewable energy adoption, a push toward green energy production, and strategic location, such as proximity to mainland China.
Hong Kong is witnessing smart city initiatives that will grow the technology penetration in the market. Smart city Blueprint 2.0 is one of the initiatives to use smart technology to address the day-to-day issues faced by citizens.
Hong Kong is a developing location in terms of artificial intelligence technology adoption in the market. In December 2021, Microsoft Hong Kong announced MoU with New World Development for the Greater Bay Area (GBA) cohort focused on artificial intelligence and robotics.
This report analyses the Hong Kong data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments. The segmentation includes:
TARGET AUDIENCE
Frequently Asked Questions
How much is the investment in the Hong Kong data center market expected to grow?
The Hong Kong data center market is expected to witness a year-over-year investment of USD 3.9 billion by 2027.
How many data centers have been identified in Hong Kong?
There are 51 existing data centers and nine upcoming data centers identified in Hong Kong.
What are the driving factors for the Hong Kong data center market?
The Hong Kong data center market is driven by factors such as increased adoption of cloud services, big data & IoT technologies, renewable energy procurement, digitalization initiatives by the government, and growth in connectivity.
Who are key investors in the Hong Kong data center market?
Some of the key investors in the Hong Kong data center market include companies such as Equinix, SUNeVision (iAdvantage), NTT, Digital Realty, HKT Telecommunications, Vantage Data Centers (PCCW Solutions), and GDS Services among others.
Hong Kong data center market will witness investments of USD 3.9 Billion by 2027, growing at a CAGR of 2.88% during 2022-2027
Hong Kong's data center market is well-established in APAC in data center developments, with growing investments from data center operators yearly. The market is also one of the majorly advanced in terms of digitalization and technology advancements. Hong Kong is also being developed as a smart city that will further enhance the position of the market in terms of data center demand.
Base year: 2021
Forecast Year: 2022-2027
The report considers the present scenario of the Hong Kong data center market and its market dynamics for 2022−2027. It covers a detailed overview of several growth enablers, restraints, and trends in the market. The study includes the demand and supply aspects of the market.
The report analyses the data center investment in the following areas:
IT Infrastructure
Electrical Infrastructure
Mechanical Infrastructure
General Construction
Tier Standard
VENDOR LANDSCAPE
IT INFRASTRUCTURE PROVIDERS:
DATA CENTER CONSTRUCTION CONTRACTORS & SUB-CONTRACTORS:
SUPPORT INFRASTRUCTURE PROVIDERS
DATA CENTER INVESTORS
Chapter 1 : Existing & Upcoming Third-Party Data Centers In Hong Kong
Chapter 2: Investment Opportunities In Hong Kong
Chapter 3: Data Center Colocation Market In Hong Kong
Chapter 4: Market Dynamics
Chapter 5: Market Segmentation
Chapter 6: Tier Standard Investment
Chapter 7: Key Market Participants
Chapter 8: Appendix
LIST OF EXHIBITS
Exhibit 1 Third-Party Data Centers Snapshot
Exhibit 2 Third-Party Data Center Snapshot by Locations
Exhibit 3 Data Center Market Size & Forecast by Investment ($ Million)
Exhibit 4 Data Center Market Size & Forecast by Area 2021−2027 (Thousand Square Feet)
Exhibit 5 Market Size & Forecast by Power Capacity 2021−2027 (MW)
Exhibit 6 Data Center Colocation Service Revenue: Market Size & Forecast by 2021−2027 ($ Million)
Exhibit 7 Retail vs. Wholesale Colocation Revenue: Market Size & Forecast by 2021−2027 ($ Million)
Exhibit 8 Retail & Wholesale Colocation Pricing 2021
Exhibit 9 Market by Industry (% Share)
Exhibit 10 Market Size & Forecast by IT Infrastructure 2021−2027 ($ Million)
Exhibit 11 Market Size & Forecast by Electrical Infrastructure 2021−2027 ($ Million)
Exhibit 12 Market Size & Forecast by Mechanical Infrastructure 2021−2027 ($ Million)
Exhibit 13 Market Size & Forecast by Cooling Systems 2021−2027 ($ Million)
Exhibit 14 Market Size & Forecast by General Construction 2021−2027 ($ Million)
Exhibit 15 Market Size & Forecast by Tier Standards 2021−2027 ($ Million)
LIST OF TABLES
Table 1 List of Upcoming Data Center Projects
Table 2 Data Center Site Selection Criteria
Table 3 Overall Market Size & Forecast 2021−2027
Table 4 Market Size & Forecast by Infrastructure 2021−2027 ($ Million)
Table 5 Market Size & Forecast by IT Infrastructure 2021−2027 ($ Million)
Table 6 Market Size & Forecast by Electrical Infrastructure 2021−2027 ($ Million)
Table 7 Market Size & Forecast by Mechanical Infrastructure 2021−2027 ($ Million)
Table 8 Market Size & Forecast by Cooling Systems 2021−2027 ($ Million)
Table 9 Market Size & Forecast by General Construction 2021−2027 ($ Million)
Table 10 Investment Market Size & Forecast by Tier Standards 2021−2027 ($ Million)
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