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The Hong Kong Data Center Colocation Market Investment to Reach $1.8 Billion by 2029, More than 920 MW Power Capacity to be Added in the Next 6 Years - Arizton
Hong Kong Data Center Colocation Market Research Report by Arizton
According to Arizton's latest research report, the Hong Kong data center colocation market [https://www.arizton.com/market-reports/hong-kong-data-center-colocation-market] is growing at a CAGR of 7.37% during 2023-2029.
Looking for More Information? Click: [https://www.arizton.com/market-reports/hong-kong-data-center-colocation-market]
Report Scope:
Market Size (Colocation Revenue): USD 1.80 Billion (2029)
CAGR (2023-2029): 7.37%
Market Size (Utilized White Floor Area): 6 Million Sq. Ft (2029)
Market Size (Utilized Racks): 143,000 Units (2029)
Market Size (Utilized IT Power Capacity): 920 MW (2029)
Base Year: 2023
Forecast Year: 2024-2029
Book the Free Sample Now: [https://www.arizton.com/market-reports/hong-kong-data-center-colocation-market]
Overview of Data Center Facilities in Hong Kong
We have identified approximately 53 unique third-party data center facilities in Hong Kong. This analysis excludes enterprise and hyperscale self-built data centers. Existing data center service providers utilize services through other operators' facilities, which are included in our assessment.
The information presented in this study comprises both actual and estimated figures. Estimations were only made when figures for the white floor area or IT power capacity were available. It is important to note that these values can vary based on the data center's location and infrastructure.
Operational facilities in their first phase are classified as existing data centers. We consider the full-built white floor area, IT power capacity, and the number of racks in our figures for these facilities.
Conversely, facilities currently under construction in their first phase are categorized as part of the upcoming data center capacity. We have used full-build figures in our market estimates regarding these facilities' white floor area, IT power capacities, and rack cabinets.
Power Capacity Insights: Cloud Sector Leads in Hong Kong
The cloud and IT sector has emerged as the dominant force in utilized power capacity in Hong Kong, with cloud operators managing their regions across multiple colocation data center facilities. For instance, Google operates one availability zone in Hong Kong through the HK2 data center facility managed by Equinix, while additional zones are hosted at the MEGA-i facility operated by SUNeVision. Other sectors-including healthcare, retail and e-commerce, energy, educational institutions, and the public sector-accounted for approximately 15% of the total utilized power capacity in Hong Kong in 2023. Notably, Now TV, an online streaming platform owned by PCCW, likely hosts its workloads in facilities operated by PCCW Solutions (Vantage Data Centers). Meanwhile, colocation demand in the banking, financial services, and insurance (BFSI) sector is expected to decline during the forecast period as some workloads migrate to the cloud. For example, Blue Insurance transitioned to Tencent Cloud and integrated its core systems with the cloud provider, increasing sales and data traffic.
What's Included?
* Transparent research methodology and insights on the market's colocation of demand and supply.
* The market size regarding utilized white floor area, IT power capacity, and racks is available.
* The market size available in terms of Core & Shell Vs Installed Vs. Utilized IT Power Capacity along with the occupancy %.
* The study of the existing Hong Kong data center industry landscape and insightful predictions about industry size during the forecast period.
* An analysis of the current and future colocation demand in Hong Kong by several industries.
* Study on sustainability status in the region
* Analysis of current and future cloud operations in the region.
* Snapshot of upcoming submarine cables and existing cloud-on-ramps services in the region.
* Snapshot of existing and upcoming third-party data center facilities in Hong Kong
* Facilities Covered (Existing): 53
* Facilities Identified (Upcoming): 13
* Coverage: 5+ locations
* Existing vs. Upcoming (White Floor Area)
* Existing vs. Upcoming (IT Load Capacity)
* Data Center Colocation Market in Hong Kong
* Colocation Market Revenue & Forecast (2023-2029)
* Retail Colocation Revenue (2023-2029)
* Wholesale Colocation Revenue (2023-2029)
* Retail Colocation Pricing along with Addons
* Wholesale Colocation Pricing along with the pricing trends.
* An analysis of the latest trends, potential opportunities, growth restraints, and prospects for the Hong Kong data center colocation market.
* Competitive landscape, including industry share analysis by the colocation operators based on IT power capacity and revenue.
* The vendor landscape of each existing and upcoming colocation operator is based on the existing/ upcoming count of data centers, white floor area, IT power capacity, and data center location.
The Hong Kong Data Center Colocation Market Report Includes
* Colocation Supply (MW, Area, Rack Capacity)
* Colocation Demand (MW, Area, Rack Capacity) and by End-User (Cloud/IT, BFSI, etc..)
* Colocation Revenue (Retail & Wholesale Colocation Services)
* Competitive Scenario (Market Share Analysis by Revenue & MW Capacity)
Vendor Landscape
Existing Operators
* SUNeVision Holdings (iAdvantage)
* Goodman
* AirTrunk
* China Mobile International
* GDS Services
* Grand Ming Group (iTech Towers)
* Edge Centres
* Global Switch
* China Unicom
* NTT DATA
* Equinix
* Vantage Data Centers (PCCW)
* Digital Realty
* CITIC Telecom International
* Telehouse
* Towngas Telecommunications
* OneAsia Network
* Hong Kong Exchanges and Clearing
* New World Telecommunications Limited (NWT)
* HKT SkyExchange (HKT Telecommunications)
* Telstra (Pacnet)
* APT Satellite
* Carrianna Group
* BDx Data Centers
* Other Companies*
New Operators
* ESR
* Mapletree Investments
* Angelo Gordon
In a nutshell, the Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the Hong Kong data center colocation market. Request for Free Sample to get a glance at the report now: [https://www.arizton.com/market-reports/hong-kong-data-center-colocation-market]
What Key Findings Will Our Research Analysis Reveal?
What is the count of existing and upcoming colocation data center facilities in Hong Kong?
What factors are driving the Hong Kong data center colocation market?
How much MW of IT power capacity will be utilized in Hong Kong by 2029?
Who are the new entrants in the Hong Kong data center industry?
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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.
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Contact Person: Jessica
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=the-hong-kong-data-center-colocation-market-investment-to-reach-18-billion-by-2029-more-than-920-mw-power-capacity-to-be-added-in-the-next-6-years-arizton]
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Website: https://www.arizton.com/market-reports/hong-kong-data-center-colocation-market
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