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Hong Kong Data Center Colocation Market Supply & Demand Analysis Report 2023-2028 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Hong Kong Data Center Colocation Market – Supply & Demand Analysis 2023-2028” report has been added to ResearchAndMarkets.com’s offering.


Hong Kong Data Center Colocation Market is projected to reach a value of $1.9 billion by 2028 from $1.15 billion in 2022, growing at a CAGR of 8.7%

Hong Kong is among the top destinations for data center development in the APAC region. 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 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 market. For instance, Vantage Data Centers acquired PCCW Solutions data center business to enter the Hong Kong data center market.

The support for developing data centers in Hong Kong is high. The government established a particular unit for data center developments called Developing Data Centres in Hong Kong to support data center growth. The increase in digitalization initiatives is boosting the data center market. The government of Hong Kong is also working towards the Digital 21 Strategy, which focuses on developing the ICT market in Hong Kong.

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.

Key Attributes:

Report Attribute Details
No. of Pages 56
Forecast Period 2022 – 2028
Estimated Market Value (USD) in 2022 $1.15 Billion
Forecasted Market Value (USD) by 2028 $1.9 Billion
Compound Annual Growth Rate 8.7%
Regions Covered Hong Kong

WHY SHOULD YOU BUY THIS REPORT?

  • A transparent research methodology and insights on the colocation demand and supply aspect of the market.
  • Market size 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 a comparison between the APAC region and Global.
  • The study of the existing Hong Kong data center market landscape and insightful predictions about Hong Kong 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.

VENDOR LIST

Existing Colocation Operators

  • SUNeVision Holdings (iAdvantage)
  • Big Data Exchange (BDx)
  • AirTrunk
  • China Mobile International
  • Grand Ming Group (iTech Towers)
  • Global Switch
  • China Unicom
  • NTT Global Data Centers
  • Equinix
  • Vantage Data Centers (PCCW)
  • Digital Realty
  • CITIC Telecom International
  • Telehouse
  • Towngas Telecom (TGT)
  • OneAsia Network
  • Hong Kong Exchanges and Clearing
  • New World Telecommunications Limited (NWT)
  • HKT Sky Exchange (HKT Telecommunications)
  • Telstra (Pacnet)
  • APT Satellite
  • Carrianna Group

New Operators

  • GDS Services
  • Edge Centres
  • ESR
  • Mapletree Investments
  • Angelo Gordon

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)

Key Topics Covered:

1. About the Analyst

2. Data Center Capabilities

3. Research Methodology

4. Market Scope

5. Market Definitions

6. Market Snapshot

6.1. Colocation Market Snapshot

6.2. Global vs. APAC vs. Hong Kong Colocation Market Comparison

7. Supply & Demand Analysis

7.1. Existing vs. Upcoming Data Center Facilities

7.2. Market by Utilized Area

7.3. Market by Utilized Racks

7.4. Market by IT Power Capacity

7.5. Colocation Demand by Industry

8. Market Growth Factors

8.1. Factors Attracting Colocation Investment in Hong Kong

8.2. Sustainability Status in Hong Kong

8.3. Submarine Cables & Cloud Connectivity

8.4. Cloud On-Ramps & Investment in Hong Kong

9. Colocation Revenue & Pricing Analysis

9.1. Colocation Market by Revenue

9.2. Retail vs. Wholesale Colocation

9.3. Retail Colocation Pricing and Addons

9.4. Wholesale Colocation Pricing

9.5. Key Pricing Trends

10. Market Dynamics

10.1. Key Trends in the Market

10.2. Key Enablers / Drivers in the Market

10.3. Key Restraints in the Market

11. Competitive Landscape

11.1. Competitive Landscape by Colocation Operators

11.2. Market Share by Colocation Revenue

11.3. Market Share by IT Power Capacity

11.4. Existing Colocation Operators

11.5. New Operators

For more information about this report visit https://www.researchandmarkets.com/r/if7txf

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