Hong Kong Data Center Market Investment Analysis Report 2024-2029: Growth Opportunities in IT, Electrical, Mechanical Infrastructure, General Construction, and Tier Standards – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Hong Kong Data Center Market – Investment Analysis & Growth Opportunities 2024-2029” report has been added to ResearchAndMarkets.com’s offering.

The Hong Kong data center market will witness investments of USD 4.80 billion by 2029 from $3.97 billion in 2023, growing at a CAGR of 3.23%

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 Hong Kong data center market is witnessing immense growth through investments from global and local data center operators. Some of the major colocation operators in the market include SUNeVision Holdings (iAdvantage), Equinix, Digital Realty, Vantage Data Centers, NTT DATA, Global Switch, BDx (Big Data Exchange) and AirTrunk.

The widespread use of cloud services is powering the growth of the Hong Kong data center market, the implementation of artificial intelligence (AI), handling large-scale data (Big Data), the Internet of Things (IoT), the rollout of 5G networks, improved connectivity, and the ongoing process of digital transformation.

Cloud giants like Google, Amazon Web Services, Microsoft, Alibaba Cloud, Huawei Cloud, and Tencent Cloud have established their presence in Hong Kong, each with dedicated cloud regions. Hong Kong has an acute land shortage for data center development. The government supports the data center market by providing industrial land. The country is expected to witness growth in brownfield developments due to the land shortage.

The government has introduced initiatives such as the Data Center Facilitation Unit (DCFU) to support the growth of the Hong Kong data center market. This effort seeks to attract substantial investments, improve infrastructure, promote industry collaborations, and create a favorable environment for data center operations.

VENDOR LANDSCAPE

The market is witnessing significant investment from major colocation and local operators. Some of the key colocation investors in the Hong Kong data center market are SUNeVision Holdings (iAdvantage), GDS Services, Equinix, AirTrunk, Vantage Data Centers, iTech Tower Data Centre Services, China Mobile International, BDx (Big Data Exchange), and others.

The colocation market is booming, and investment and real estate firms such as Goodman, ESR, Mapletree Investments, and Angelo Gordon are developing core and shell facilities. Goodman is among the major investors in the Hong Kong data center market and is continuously expanding its presence. In March 2024, the company announced the construction of the new Texaco data center facility in Tsuen Wan. The brownfield construction facility is likely to go online by 2026.

Telecom companies in Hong Kong, such as China Mobile Hong Kong (CMHK), SmarTone, Hutchison Telecommunications Hong Kong Holdings (HTHKH)’s brand 3, and CSL Mobile, a subsidiary of Hong Kong Telecommunications (HKT), are responsible for the deployment of commercial 5G services across the country. The country will likely be covered entirely or partially under 5G technology.

WHY SHOULD YOU BUY THIS RESEARCH?

• Market size regarding investment, area, power capacity, and Hong Kong colocation market revenue is available.
• An assessment of the data center investment in Hong Kong by colocation, hyperscale, and enterprise operators.
• Investments in the area (square feet) and power capacity (MW) across cities in the country.
• This report details a detailed study of the existing Hong Kong data center market landscape, provides in-depth market analysis, and makes insightful predictions about market size during the forecast period.
• Snapshot of existing and upcoming third-party data center facilities in Hong Kong:
  • I. Facilities Covered (Existing): 54
  • II. Facilities Identified (Upcoming): 12
  • III. Coverage: 6+ Locations
  • IV. Existing vs. Upcoming (Area)
  • V. Existing vs. Upcoming (IT Load Capacity)
• Data Center Colocation Market in the Hong Kong
  • I. Colocation Market Revenue & Forecast (2023-2029)
  • II. Wholesale vs. Retail Colocation Revenue (2023-2029)
  • III. Retail Colocation Pricing
  • IV. Wholesale Colocation Pricing
• The Hong Kong data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
• This report comprehensively analyzes the industry’s latest trends, growth rate, potential opportunities, growth restraints, and prospects.
• This section provides a business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors in the industry.
• A transparent research methodology and the analysis of the demand and supply aspects of the market.

KEY QUESTIONS ANSWERED

• How big is the Hong Kong data center market?
• What is the growth rate of the Hong Kong data center market?
• How many existing and upcoming data center facilities exist in Hong Kong?
• How much MW of power capacity will be added across Hong Kong during 2024-2029?
• What factors are driving the Hong Kong data center market?
• Who are the key investors in the Hong Kong data center market?

Key Attributes:

Report Attribute	Details
No. of Pages	123
Forecast Period	2023 – 2029
Estimated Market Value (USD) in 2023	$3.97 Billion
Forecasted Market Value (USD) by 2029	$4.81 Billion
Compound Annual Growth Rate	3.2%
Regions Covered	Hong Kong

Companies Featured

IT Infrastructure Providers

• Arista Network
• Atos
• Cisco Systems
• Dell Technologies
• Fujitsu
• Hewlett Packard Enterprise (HPE)
• Huawei Technologies
• IBM
• Inspur
• Lenovo
• NetApp

Data Center Construction Contractors & Sub-Contractors

• Arup
• AtkinsRealis
• Aurecon
• BYME Engineering
• Chung Hing Engineers Group
• Cundall
• DSCO Group
• Gammon Construction
• ISG
• Studio One Design

Support Infrastructure Providers

• ABB
• Airedale
• Caterpillar
• Cummins
• Delta Electronics
• Eaton
• Fuji Electric
• KOHLER
• Legrand
• Mitsubishi Electric
• Piller Power Systems
• Rittal
• Schneider Electric
• Siemens
• STULZ
• Sumber
• Vertiv

Data Center Investors

• AirTrunk
• BDx
• CITIC Telcom International
• China Mobile International (CMI)
• China Unicom
• Digital Realty
• Equinix
• ESR
• GDS Services
• Global Switch
• Goodman
• iTech Towers Data Centre Services
• NTT DATA
• SUNeVision Holdings (iAdvantage)
• Telehouse
• Towngas Telecom (TGT)
• Vantage Data Centers

New Entrants

• Angelo Gordon
• Mapletree Investments

EXISTING VS. UPCOMING DATA CENTERS

Existing Facilities in the Region (Area and Power Capacity)

• Tseung Kwan O
• Kwai Chung
• Tsuen Wan
• Fanling
• Fo Tan
• Chai Wan
• Tai Po
• Other Location

List of Upcoming Facilities in the Region (Area and Power Capacity)

• Tseung Kwan O
• Kwai Chung
• Tsuen Wan
• Fanling
• Fo Tan
• Chai Wan
• Tai Po
• Other Location

REPORT COVERAGE

IT Infrastructure

• Servers
• Storage Systems
• Network Infrastructure

Electrical Infrastructure

• UPS Systems
• Generators
• Switches & Switchgears
• PDUs
• Other Electrical Infrastructure

Mechanical Infrastructure

• Cooling Systems
• Rack Cabinets
• Other Mechanical Infrastructure

Cooling Systems

• CRAC & CRAH Units
• Chiller Units
• Cooling Tower, Condensers & Dry Coolers
• Economizers & Evaporative Coolers
• Other Cooling Units

General Construction

• Core & Shell Development
• Installation & Commissioning Services
• Building & Engineering Design
• Fire Detection & Suppression Systems
• Physical Security
• DCIM

Tier Standard

• Tier I & Tier II
• Tier III
• Tier IV

For more information about this report visit https://www.researchandmarkets.com/r/2h35xe

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