Press release
Hong Kong Telecom Industry: Country Moves Forward in its Quest to Become a Smart City
An up-to-date research report has been disclosed by Market Research Hub highlighting the title “Hong Kong Telecom Industry: Country Moves Forward in Its Quest to Become a Smart City”. Broadband investment initially focused on DSL and HFC technology platforms although operators have switched focus to higher bandwidth fiber access platforms, due to inherent advantage of fiber access networks over competing platforms, especially in the geographically compact territory of Hong Kong. Fixed-line broadband market penetration has grown slowly over the past five years in a highly mature market. Over the next five years to 2022 growth is expected to continue to increase slowly.Get a Free Sample Report @ https://www.marketresearchhub.com/enquiry.php?type=S&repid=1669920
Hong Kong’s small size and high population density has enabled the country to extensively rollout fixed broadband infrastructure and provide almost all households with access to high-speed broadband connectivity. This has propelled Hong Kong to boast the highest peak average broadband speeds in the world.
Hong Kong is ranked 2nd out of 34 with an Asian Telecoms Maturity Index score of 90. This places Hong Kong 2nd in the “Market Leaders” category. (BuddeComm’s “Asian Telecoms Maturity Index”, is an index (on a scale between 0 and 100) that measures and ranks the relative maturity of the telecoms industry in all of the 34 countries in Asia.) Compared to other Asian nations, Hong Kong has very high mobile, mobile broadband and fixed broadband penetration.
International internet connectivity continues to grow, driven by Hong Kong’s status as an international financial hub and its location next to China.
Fixed line growth in Hong Kong has declined over the past five years as consumers migrate to wireless voice and data services. This trend is predicted to continue over the next five years to 2022.
The government has taken steps towards coordinated development of a smart city. The Hong Kong government announced a range of measures in six areas, including “Smart Mobility”, “Smart Living”, and “Smart Environment”, which will be introduced over the next five years to 2022.
Demand for broadband is driven by consumption of bandwidth-intensive online services such as OTT video, music and games; the proliferation of Internet connected devices including TVs, smartphones, tablets and PCs; and increasing usage of corporate broadband services that include cloud services and software.
Hong Kong possesses a small but well developed mobile market and a number of Mobile Virtual Network Operators (MVNOs). Intense competition within a small market has led to consolidation, with the number of mobile network operators reduced to four.
Mobile subscriber penetration is now well over 200% due to the high number of tourists visiting Hong Kong and high number of local residents with more than one mobile device. Mobile subscriber growth is expected to be relatively low over the next five years to 2022 due to a highly mature and highly competitive market.
Strong infrastructure-based competition has forced operators to continually upgrade network capacity and speed, deploying mobile broadband technologies such as HSPA and LTE combined with wireless broadband technologies such as WiFi.
Mobile broadband subscriber growth is expected to be relatively low over the next five years to 2022 due to a highly mature mobile subscriber market, with a significant proportion of subscribers already having mobile broadband access.
The government of Hong Kong expects the territory to be among the world’s earliest adopters of 5G mobile technology in 2020. During 2017 /2018 a number of Hong Kong Mobile Operators are paving the way for the introduction of 5G services.
Key developments:
HGC Global Communications is looking to 5G as a key opportunity for its fiber business.
HKT has set up a “one-stop Internet of Things ecosystem” with multiple connectivity technologies in Hong Kong.
Fixed line growth in Hong Kong has declined over the past five years. This trend will continue over the next five years to 2022.
Hong Kong expects the territory to be among the world’s earliest adopters of 5G mobile technology in 2020.
SmarTone trialled FDD Massive MIMO technology with Ericsson as part of its development plans towards 5G services.
Mobile broadband subscriber growth is expected to be relatively low over the next five years to 2022
Companies mentioned in this report:
PCCW; HKT; CSL; Hong Kong Broadband Network (HKBN); Hutchison Telecom Hong Kong, i-Cable, HGC Global Communications.
Browse Full Report with Detailed Table of Content @ https://www.marketresearchhub.com/report/hong-kong-telecoms-mobile-and-broadband-statistics-and-analyses-report.html
Table of Content:
Key statistics
2. Telecommunications market
2.1 Market Overview and Analysis
2.2 Regional Asian Market Comparison
3. Regulatory environment
3.1 Historical overview
3.2 Regulatory authority
3.3 OFCA (Office of the Communications Authority)
3.4 Government policies
3.4.1 Telecom Sector Liberalisation
3.4.2 Universal Service Obligation (USO)
3.4.3 Digital 21 IT Strategy
3.4.4 FttB/FttH building registration scheme
3.4.5 Number Portability (NP)
4. Fixed network operators
4.1 Introduction
4.2 Hong Kong Telecom (HKT)
4.2.1 Company overview
4.2.2 Company background
4.3 Hong Kong Broadband Network (HKBN)
4.4 Hutchison Telecom Hong Kong Holdings (HTHKH)
4.4.1 Company overview
4.4.2 Company background
4.5 HGC Global Communications
4.6 i-Cable
5. Telecommunications infrastructure
5.1 Overview of the national telecom network
5.1.1 Fixed-line statistics
5.2 International infrastructure
5.2.1 Submarine cable networks
5.3 Specific IT developments
5.3.1 Data Centres
5.4 Smart infrastructure
5.4.1 Introduction
5.4.2 IoT
5.4.3 Smart Grids
5.4.4 Smart Cities
…………continue (List of Tables and Figures)
Enquire about this report @ https://www.marketresearchhub.com/enquiry.php?type=enquiry&repid=1669920
About Market Research Hub:
Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of telecommunications industry reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.
MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients and customers.
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