Press release
Hong Kong Data Center Market to Witness Investment of $4.15 Billion in 2028 - Arizton
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Hong Kong is witnessing a boom in the data center market and is among the top locations in APAC, with several new investments from local and global data center operators. Datacenter investments in Hong Kong over the next 2-3 years expect to be aggressive and high due to the entry of several operators. However, we expect more global operators, such as STACK Infrastructure, to enter the market in the upcoming years. Despite the high land price and acute shortage of industrial land in Hong Kong, the market is witnessing several investments from local and global data center operators. The country will likely add cumulative white floor space of over 2.35 million sq ft between 2023 and 2028.
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KEY HIGHLIGHTS
The Hong Kong cloud market is among the established markets in the world, with all major operators such as Google, Microsoft, AWS, Alibaba Cloud, and Tencent Cloud.
The Hong Kong data center market is witnessing investments from local and established operators such as Big Data Exchange (BDx), SUNeVision Holdings (iAdvantage), and China Mobile International.
Hong Kong has around 55 operational colocation data centers. Most colocation facilities are being developed according to Tier III standards. The country has global operators such as Equinix, Digital Realty, Global Switch, Vantage Data Centers (PCCW Solutions), NTT Global Data Centers, and China Mobile International.
In November 2022, AirTrunk signed a new renewable energy agreement with CLP Power. The energy company will provide renewable energy from its biogas plant to match the power used by Microsoft in AirTrunk's HKG1 data center facility.
OVER 50% OF FUTURE DEMAND WILL COME FROM CLOUD SERVICE PROVIDERS
The Hong Kong data center market has on-premise data centers operated by financial services, educational institutions, and governments such as HSBC Bank and others. Over the next three to five years, we will see a significant decline in on-premise owing to the increase in digitalizing initiatives across sectors. The demand for colocation and cloud will see strong growth. In addition, most existing service providers offer managed solutions to enterprise customers, likely to grow in the market during 2023-2028.
The market has all the global cloud operators such as AWS, Google, Microsoft, Alibaba Cloud, Huawei Cloud, and Tencent Cloud. This will grow the demand for wholesale colocation services. Through continuous expansion by these service providers, the cloud segments will likely dominate the capacity take-up over the next 5 years. In addition, we believe the market will witness the entry of multiple global organizations to service customers through a local presence.
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WHY SHOULD YOU BUY THIS RESEARCH?
Market size available in the investment, area, power capacity, and Hong Kong colocation market revenue.
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 locations in the country.
A detailed study of the existing Hong Kong data center industry landscape, an in-depth industry analysis, and insightful predictions about industry size during the forecast period.
Snapshot of existing and upcoming third-party data center facilities in Hong Kong
Facilities Covered (Existing): 54
Facilities Identified (Upcoming): 13
Coverage: 10+ Cities
Existing vs. Upcoming (Area)
Existing vs. Upcoming (IT Load Capacity)
Data center colocation market in Hong Kong
Colocation Market Revenue & Forecast (2022-2028)
Wholesale vs. Retail Colocation Revenue (2022-2028)
Retail Colocation Pricing
Wholesale Colocation Pricing
Hong Kong market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.
Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
A transparent research methodology and the analysis of the demand and supply aspects of the industry.
THE REPORT INCLUDES THE INVESTMENT IN THE FOLLOWING AREAS:
• IT Infrastructure
o Servers
o Storage Systems
o Network Infrastructure
• Electrical Infrastructure
o UPS Systems
o Generators
o Switches & Switchgears
o PDUs
o Other Electrical Infrastructure
• Mechanical Infrastructure
o Cooling Systems
o Rack Cabinets
o Other Mechanical Infrastructure
• Cooling Systems
o CRAC & CRAH Units
o Chiller Units
o Cooling Towers, Condensers & Dry Coolers
o Economizers & Evaporative Coolers
o Other Cooling Units
• General Construction
o Core & Shell Development
o Installation & Commissioning Services
o Engineering & Building Design
o Fire Detection & Suppression Systems
o Physical Security
o Data Center Infrastructure Management (DCIM)
• Tier Standard
o Tier I & Tier II
o Tier III
o Tier IV
MAJOR VENDORS
IT Infrastructure Providers
• Arista Networks
• Atos
• Cisco Systems
• Dell Technologies
• Fujitsu
• Hewlett Packard Enterprise
• Huawei Technologies
• IBM
• Inspur
• Lenovo
• NetApp
Data Center Construction Contractors & Sub-Contractors
• Arup
• Aurecon
• BYME Engineering
• Chung Hing Engineers Group
• Cundall
• DSCO Group
• Faithful+Gould
• Gammon Construction
• ISG
• Shun Cheong Engineering Group
• 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
• Submer
• Vertiv
Data Center Investors
• AirTrunk
• BDx (Big Data Exchange)
• CITIC Telcom International
• China Mobile International (CMI)
• China Unicom
• Digital Realty
• Equinix
• ESR
• Global Switch
• iTech Towers
• NTT Global Data Centers
• SUNeVision Holdings (iAdvantage)
• Telehouse
• Towngas Telecom (TGT)
• Vantage Data Centers (PCCW Solutions)
New Entrants
• Angelo Gordon
• Edge Centres
• GDS Services
• Goodman
• Mapletree Investment
TABLE OF CONTENT
Chapter 1: Existing & Upcoming Third-Party Data Centers In Hong Kong
• Historical Market Scenario
• 54 Unique Data Center Properties
• Data Center IT Load Capacity
• Data Center White Floor Area Space
• Existing Vs Upcoming Data Center Capacity by Locations
• Locations Covered
• Tsuen Wan
• Kwai Chung
• Tseung Kwan O
• Fo Tan
• Other Locations
Chapter 2: Investment Opportunities In Hong Kong
• Microeconomic and Macroeconomic factors of Hong Kong Market
• Data Center Investments
• Investment by Area
• Investment by Power Capacity
Chapter 3: Data Center Colocation Market In Hong Kong
• Demand Across Several industries
• Colocation Services Market in Hong Kong
• Retail Colocation & Wholesale Colocation Market Forecast 2023-2028
• Retail and Wholesale Colocation Pricing (per kWh)
• Market Share by Industry
Chapter 4: Market Dynamics
• Market Drivers
• Market Trends
• Market Restraints
Chapter 5: Market Segmentation
• IT Infrastructure: Market Size & Forecast
• Electrical Infrastructure: Market Size & Forecast
• Mechanical Infrastructure: Market Size & Forecast
• General Construction Services: Market Size & Forecast
o Data Center CAPEX Breakdown in Hong Kong
Chapter 6: Tier Standard Investment
• Tier I & II
• Tier III
• Tier IV
Chapter 7: Key Market Participants
• IT Infrastructure Providers
• Construction Contractors
• Support Infrastructure Providers
• Data Center Investors
• New Entrants
Chapter 8: Appendix
• Market Derivation
• Quantitative Summary
ABOUT US:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
CONTACT US
Call: +1-312-235-2040
+1 302 469 0707
Mail: enquiry@arizton.com
Contact Us: https://www.arizton.com/contact-us
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