Hong Kong Data Center Colocation Market Supply & Demand Report 2023: New Submarine Cables Set to Expand Hong Kong's Data Connectivity by 2025 - Forecasts to 2028

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Dec 07, 2023, 12:15 ET

DUBLIN, Dec. 7, 2023 /PRNewswire/ -- 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.

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/k0k7tm

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