Hong Kong Data Center Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis Up to 2029

The Hong Kong Data Center Market is segmented by Hotspot (Chai Wan, Shatin, Tseun Wan, Tseung Kwan O), by Data Center Size (Large, Massive, Medium, Mega, Small), by Tier Type (Tier 1 and 2, Tier 3, Tier 4) and by Absorption (Non-Utilized, Utilized). Market Volume in Megawatt (MW) is presented. Key Data Points observed include IT load capacity for existing and upcoming data centers, current and upcoming hotspots, average mobile data consumption, volume of fiber cable connectivity in KM, existing and upcoming submarine cables, rack space utilization, and number of data centers by tier.

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Hong Kong Data Center Market Size

Hong Kong Data Center Market Summary
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Icons Lable Value
svg icon Study Period 2017 - 2029
svg icon Market Volume (2024) 0.95 Thousand MW
svg icon Market Volume (2029) 1.78 Thousand MW
svg icon Largest Share by Tier Type Tier 3
svg icon CAGR (2024 - 2029) 13.36 %
svg icon Fastest Growing by Tier Type Tier 4
svg icon Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

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Hong Kong Data Center Market Analysis

The Hong Kong Data Center Market size is estimated at 0.95 thousand MW in 2024, and is expected to reach 1.78 thousand MW by 2029, growing at a CAGR of 13.36%. Further, the market is expected to generate colocation revenue of USD 732.5 Million in 2024 and is projected to reach USD 1,371 Million by 2029, growing at a CAGR of 13.36% during the forecast period (2024-2029).

USD 732.51 Million

Market Size in 2024

USD 1,371 Million

Market Size in 2029

11.8%

CAGR (2017-2023)

13.4%

CAGR (2024-2029)

IT Load Capacity

949.9 MW

Value, IT Load Capacity, 2024

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Increasing demand for smart devices, such as smartphones and tablets, to use varying services such as streaming, browsing, and playing games has led to consumers opting for 4G and 5G services, creates more need of data storage space.

Total Raised Floor Space

Sq. Ft. 3.40 M

Volume, Raised Floor Space, 2024

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The total raised floor space in the country is expected to reach 6.3 million sq. ft by 2029. Growing smart city initiatives are expected to trigger the growth of the DC facilities in the region during the study period.

Installed Racks

170,035

Volume, Installed Racks, 2024

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The total number of installed racks is expected to reach 318,247 by 2029. Tseung Kwan O is expected to house the maximum number of racks over the years.

# of DC Operators & DC Facilities

17 and 53

Volume, DC Facilities, 2024

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There are 53 colocation data center facilities in Hong Kong. The scarcity of land for the development of data centers, stringent and complex data laws and governing systems have acted as barriers to the growth of the data centers market.

Leading Market Player

8.3%

Market Share, SuneVision Holdings Ltd, 2023

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SuneVision Holdings Ltd currently leads the market with an IT load capacity of 70 MW and a market share amounting to around 8.3%. The company aims to further strengthen its presence through the completion of its Mega DC facilities.

Tier 3 data center holds majority market share in 2023, Tier 4 data center is fastest growing

  • Tier 4 data centers lead Hong Kong's data center market based on tier capacity. Their IT load capacity is expected to increase from 330.3 MW in 2022 to 1092.3 MW by 2029 at a CAGR of 18.6%. A growing number of IT businesses and smart devices and increased use of varying digital applications have led to consumers opting for tier 4 data centers.
  • Tier 4 data centers offer high bandwidth, lower downtime, disaster recovery, low latency, and better connectivity. Clients, such as content providers that cannot afford a longer duration of downtime, prefer to use tier 4 data centers.
  • The increased use of streaming content, online gaming, and smart devices led to increased consumption in the country. Increased consumption of data and better services have led companies to opt for tier 4 data centers. However, growing smart city initiatives are expected to trigger the growth of Tier 3 data centers as well, with a CAGR of 5.9%.
Hong Kong Data Center Market

Hong Kong Data Center Market Trends

Surge in sales of high-end specification smartphones at an affordable cost drives the market demand

  • There were 7 million smartphone users in Hong Kong in 2022, which may grow from 7.2 million to 8.4 million during the forecast period, with a CAGR of 2.5%.
  • Due to technological evolution, close proximity to China, and easy accessibility to high-end specification smartphones at an affordable cost led to an increase in smartphone users in the country. This increase has led to stiff competition with foreign smartphone competitor companies. For instance, SmarTone is offering 110 GB 5G mobile data, unlimited video call data for Zoom/Teams, a free HKD 2,000 (USD 257) handset, and an accessories voucher for HKD 398 (USD 51.1) per month.
  • The usage of mobile devices and social media has increased among the elderly aged 65 years or above. However, about 3 in 5 of them had smartphones in 2018, compared to only 2 in 5 in 2016.
  • People in Hong Kong are shifting to digital wallets because of their convenience, especially amid the COVID-19 pandemic, which has led to a rise in smartphone users. For instance, Hong Kong’s use of digital wallets for online payments is expected to overtake credit cards by 2025. Alipay, WeChat Pay, Tap & Go, and Octopus collectively attracted more than 4.7 million new users and 96,000 new merchants in Hong Kong by the end of 2021. The above instances suggest the growth of smartphone users across Hong Kong.
Hong Kong Data Center Market

Increasing demand for smart devices coupled with expansion of 5G in the country drives the market demand

  • Mobile data speeds in Hong Kong are expected to grow proportionally with the implementation of 5G and existing 4G services. However, the 2G segment has a lower share of consumers due to outdated technology, which would impart low speeds in Hong Kong, hence discouraging the consumers for the 2G segment.
  • The availability of varying smart devices has led consumers to transition to 4G services, which has led to the decline of 3G services over the years in Hong Kong.
  • Increasing demand for smart devices, such as smartphones and tablets, to use varying services such as streaming, browsing, and playing games has led to consumers opting for 4G services, thus diminishing the 3G service market over the years. The implementation of 5G is expected to further increase the data speed with the evolving technology over the years, which is expected to cater to the demand as more industries adopt automation in their companies in the manufacturing sector.
Hong Kong Data Center Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Lucrative internet services offers such as unlimited video call, 100 GB data permonth boosted the data centers demand in Hong Kong
  • Minister of Posts and Telecommunications rising projects to increase fiber connectivity network would drive the market
  • Rising fiber optic internet services and affordable broadband services by local players boost the data centers demand in the country

Hong Kong Data Center Industry Overview

The Hong Kong Data Center Market is fragmented, with the top five companies occupying 23.96%. The major players in this market are China Mobile International Ltd., Digital Realty Trust, Inc., Equinix, Inc., NTT Ltd and Rackspace Technology Inc. (sorted alphabetically).

Hong Kong Data Center Market Leaders

  1. China Mobile International Ltd.

  2. Digital Realty Trust, Inc.

  3. Equinix, Inc.

  4. NTT Ltd

  5. Rackspace Technology Inc.

Hong Kong Data Center Market Concentration

Other important companies include AirTrunk Operating Pty Ltd., BDx Data Center Pte. Ltd., Global Switch Holdings Limited, Hostdime, SuneVision Holdings Ltd, Vantage Data Centers, LLC, Zenlayer Inc.

*Disclaimer: Major Players sorted in alphabetical order.

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Hong Kong Data Center Market News

  • November 2022: The company had announced the opening of its new regional office in Kowloon, Hong Kong. The office would help the company strengthen its expansion, and would cater business needs such as engineering, construction, and sales in the APAC region.
  • November 2022: The company announced the launch of BDx Indonesia, following the completion of a USD 300 million joint venture agreement with PT Indosat Tbk (Indosat Ooredoo Hutchison or IOH) and PT Aplikanusa Lintasarta, Big Data Exchange (BDx).
  • August 2022: Global Switch announced plans of selling its announced plans of selling its USD11 billion business. The companies which plan to purchase the business are EQR, PAG, KKR, Gaw Capital and Stonepeak.

Free with this Report

We provide a complimentary and exhaustive set of data points on the country and regional level metrics that present the fundamental structure of the industry. Presented in the form of 50+ free charts, the sections cover difficult to find data on various countries on smartphone users, data traffic per smartphone, mobile and broadband data speed, fiber connectivity network, and submarine cables.

Hong Kong Data Center Market
Hong Kong Data Center Market
Hong Kong Data Center Market
Hong Kong Data Center Market

Hong Kong Data Center Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. MARKET OUTLOOK

    1. 2.1. It Load Capacity

    2. 2.2. Raised Floor Space

    3. 2.3. Colocation Revenue

    4. 2.4. Installed Racks

    5. 2.5. Rack Space Utilization

    6. 2.6. Submarine Cable

  5. 3. Key Industry Trends

    1. 3.1. Smartphone Users

    2. 3.2. Data Traffic Per Smartphone

    3. 3.3. Mobile Data Speed

    4. 3.4. Broadband Data Speed

    5. 3.5. Fiber Connectivity Network

    6. 3.6. Regulatory Framework

      1. 3.6.1. Hong Kong

    7. 3.7. Value Chain & Distribution Channel Analysis

  6. 4. MARKET SEGMENTATION (INCLUDES MARKET SIZE IN VOLUME, FORECASTS UP TO 2029 AND ANALYSIS OF GROWTH PROSPECTS)

    1. 4.1. Hotspot

      1. 4.1.1. Chai Wan

      2. 4.1.2. Shatin

      3. 4.1.3. Tseun Wan

      4. 4.1.4. Tseung Kwan O

      5. 4.1.5. Rest of Hong Kong

    2. 4.2. Data Center Size

      1. 4.2.1. Large

      2. 4.2.2. Massive

      3. 4.2.3. Medium

      4. 4.2.4. Mega

      5. 4.2.5. Small

    3. 4.3. Tier Type

      1. 4.3.1. Tier 1 and 2

      2. 4.3.2. Tier 3

      3. 4.3.3. Tier 4

    4. 4.4. Absorption

      1. 4.4.1. Non-Utilized

      2. 4.4.2. Utilized

        1. 4.4.2.1. By Colocation Type

          1. 4.4.2.1.1. Hyperscale

          2. 4.4.2.1.2. Retail

          3. 4.4.2.1.3. Wholesale

        2. 4.4.2.2. By End User

          1. 4.4.2.2.1. BFSI

          2. 4.4.2.2.2. Cloud

          3. 4.4.2.2.3. E-Commerce

          4. 4.4.2.2.4. Government

          5. 4.4.2.2.5. Manufacturing

          6. 4.4.2.2.6. Media & Entertainment

          7. 4.4.2.2.7. Telecom

          8. 4.4.2.2.8. Other End User

  7. 5. COMPETITIVE LANDSCAPE

    1. 5.1. Market Share Analysis

    2. 5.2. Company Landscape

    3. 5.3. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).

      1. 5.3.1. AirTrunk Operating Pty Ltd.

      2. 5.3.2. BDx Data Center Pte. Ltd.

      3. 5.3.3. China Mobile International Ltd.

      4. 5.3.4. Digital Realty Trust, Inc.

      5. 5.3.5. Equinix, Inc.

      6. 5.3.6. Global Switch Holdings Limited

      7. 5.3.7. Hostdime

      8. 5.3.8. NTT Ltd

      9. 5.3.9. Rackspace Technology Inc.

      10. 5.3.10. SuneVision Holdings Ltd

      11. 5.3.11. Vantage Data Centers, LLC

      12. 5.3.12. Zenlayer Inc

    4. 5.4. LIST OF COMPANIES STUDIED

  8. 6. KEY STRATEGIC QUESTIONS FOR DATA CENTER CEOS

  9. 7. APPENDIX

    1. 7.1. Global Overview

      1. 7.1.1. Overview

      2. 7.1.2. Porter’s Five Forces Framework

      3. 7.1.3. Global Value Chain Analysis

      4. 7.1.4. Global Market Size and DROs

    2. 7.2. Sources & References

    3. 7.3. List of Tables & Figures

    4. 7.4. Primary Insights

    5. 7.5. Data Pack

    6. 7.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. VOLUME OF IT LOAD CAPACITY, MW, HONG KONG, 2017 - 2029
  1. Figure 2:  
  2. VOLUME OF RAISED FLOOR AREA, SQ.FT. ('000), HONG KONG, 2017 - 2029
  1. Figure 3:  
  2. VALUE OF COLOCATION REVENUE, USD MILLION, HONG KONG, 2017 - 2029
  1. Figure 4:  
  2. VOLUME OF INSTALLED RACKS, NUMBER, HONG KONG, 2017 - 2029
  1. Figure 5:  
  2. RACK SPACE UTILIZATION, %, HONG KONG, 2017 - 2029
  1. Figure 6:  
  2. COUNT OF SMARTPHONE USERS, IN MILLION, HONG KONG, 2017 - 2029
  1. Figure 7:  
  2. DATA TRAFFIC PER SMARTPHONE, GB, HONG KONG, 2017 - 2029
  1. Figure 8:  
  2. AVERAGE MOBILE DATA SPEED, MBPS, HONG KONG, 2017 - 2029
  1. Figure 9:  
  2. AVERAGE BROADBAND SPEED, MBPS, HONG KONG, 2017 - 2029
  1. Figure 10:  
  2. LENGTH OF FIBER CONNECTIVITY NETWORK, KILOMETER, HONG KONG, 2017 - 2029
  1. Figure 11:  
  2. VOLUME OF IT LOAD CAPACITY, MW, HONG KONG, 2017 - 2029
  1. Figure 12:  
  2. VOLUME OF HOTSPOT, MW, HONG KONG, 2017 - 2029
  1. Figure 13:  
  2. VOLUME SHARE OF HOTSPOT, %, HONG KONG, 2017 - 2029
  1. Figure 14:  
  2. VOLUME SIZE OF CHAI WAN, MW, HONG KONG, 2017 - 2029
  1. Figure 15:  
  2. VOLUME SHARE OF CHAI WAN, MW, HOTSPOT, %, HONG KONG, 2017 - 2029
  1. Figure 16:  
  2. VOLUME SIZE OF SHATIN, MW, HONG KONG, 2017 - 2029
  1. Figure 17:  
  2. VOLUME SHARE OF SHATIN, MW, HOTSPOT, %, HONG KONG, 2017 - 2029
  1. Figure 18:  
  2. VOLUME SIZE OF TSEUN WAN, MW, HONG KONG, 2017 - 2029
  1. Figure 19:  
  2. VOLUME SHARE OF TSEUN WAN, MW, HOTSPOT, %, HONG KONG, 2017 - 2029
  1. Figure 20:  
  2. VOLUME SIZE OF TSEUNG KWAN O, MW, HONG KONG, 2017 - 2029
  1. Figure 21:  
  2. VOLUME SHARE OF TSEUNG KWAN O, MW, HOTSPOT, %, HONG KONG, 2017 - 2029
  1. Figure 22:  
  2. VOLUME SIZE OF REST OF HONG KONG, MW, HONG KONG, 2017 - 2029
  1. Figure 23:  
  2. VOLUME SHARE OF REST OF HONG KONG, MW, HOTSPOT, %, HONG KONG, 2017 - 2029
  1. Figure 24:  
  2. VOLUME OF DATA CENTER SIZE, MW, HONG KONG, 2017 - 2029
  1. Figure 25:  
  2. VOLUME SHARE OF DATA CENTER SIZE, %, HONG KONG, 2017 - 2029
  1. Figure 26:  
  2. VOLUME SIZE OF LARGE, MW, HONG KONG, 2017 - 2029
  1. Figure 27:  
  2. VOLUME SIZE OF MASSIVE, MW, HONG KONG, 2017 - 2029
  1. Figure 28:  
  2. VOLUME SIZE OF MEDIUM, MW, HONG KONG, 2017 - 2029
  1. Figure 29:  
  2. VOLUME SIZE OF MEGA, MW, HONG KONG, 2017 - 2029
  1. Figure 30:  
  2. VOLUME SIZE OF SMALL, MW, HONG KONG, 2017 - 2029
  1. Figure 31:  
  2. VOLUME OF TIER TYPE, MW, HONG KONG, 2017 - 2029
  1. Figure 32:  
  2. VOLUME SHARE OF TIER TYPE, %, HONG KONG, 2017 - 2029
  1. Figure 33:  
  2. VOLUME SIZE OF TIER 1 AND 2, MW, HONG KONG, 2017 - 2029
  1. Figure 34:  
  2. VOLUME SIZE OF TIER 3, MW, HONG KONG, 2017 - 2029
  1. Figure 35:  
  2. VOLUME SIZE OF TIER 4, MW, HONG KONG, 2017 - 2029
  1. Figure 36:  
  2. VOLUME OF ABSORPTION, MW, HONG KONG, 2017 - 2029
  1. Figure 37:  
  2. VOLUME SHARE OF ABSORPTION, %, HONG KONG, 2017 - 2029
  1. Figure 38:  
  2. VOLUME SIZE OF NON-UTILIZED, MW, HONG KONG, 2017 - 2029
  1. Figure 39:  
  2. VOLUME OF COLOCATION TYPE, MW, HONG KONG, 2017 - 2029
  1. Figure 40:  
  2. VOLUME SHARE OF COLOCATION TYPE, %, HONG KONG, 2017 - 2029
  1. Figure 41:  
  2. VOLUME SIZE OF HYPERSCALE, MW, HONG KONG, 2017 - 2029
  1. Figure 42:  
  2. VOLUME SIZE OF RETAIL, MW, HONG KONG, 2017 - 2029
  1. Figure 43:  
  2. VOLUME SIZE OF WHOLESALE, MW, HONG KONG, 2017 - 2029
  1. Figure 44:  
  2. VOLUME OF END USER, MW, HONG KONG, 2017 - 2029
  1. Figure 45:  
  2. VOLUME SHARE OF END USER, %, HONG KONG, 2017 - 2029
  1. Figure 46:  
  2. VOLUME SIZE OF BFSI, MW, HONG KONG, 2017 - 2029
  1. Figure 47:  
  2. VOLUME SIZE OF CLOUD, MW, HONG KONG, 2017 - 2029
  1. Figure 48:  
  2. VOLUME SIZE OF E-COMMERCE, MW, HONG KONG, 2017 - 2029
  1. Figure 49:  
  2. VOLUME SIZE OF GOVERNMENT, MW, HONG KONG, 2017 - 2029
  1. Figure 50:  
  2. VOLUME SIZE OF MANUFACTURING, MW, HONG KONG, 2017 - 2029
  1. Figure 51:  
  2. VOLUME SIZE OF MEDIA & ENTERTAINMENT, MW, HONG KONG, 2017 - 2029
  1. Figure 52:  
  2. VOLUME SIZE OF TELECOM, MW, HONG KONG, 2017 - 2029
  1. Figure 53:  
  2. VOLUME SIZE OF OTHER END USER, MW, HONG KONG, 2017 - 2029
  1. Figure 54:  
  2. VOLUME SHARE OF MAJOR PLAYERS, %, HONG KONG, 2022

Hong Kong Data Center Industry Segmentation

Chai Wan, Shatin, Tseun Wan, Tseung Kwan O are covered as segments by Hotspot. Large, Massive, Medium, Mega, Small are covered as segments by Data Center Size. Tier 1 and 2, Tier 3, Tier 4 are covered as segments by Tier Type. Non-Utilized, Utilized are covered as segments by Absorption.

  • Tier 4 data centers lead Hong Kong's data center market based on tier capacity. Their IT load capacity is expected to increase from 330.3 MW in 2022 to 1092.3 MW by 2029 at a CAGR of 18.6%. A growing number of IT businesses and smart devices and increased use of varying digital applications have led to consumers opting for tier 4 data centers.
  • Tier 4 data centers offer high bandwidth, lower downtime, disaster recovery, low latency, and better connectivity. Clients, such as content providers that cannot afford a longer duration of downtime, prefer to use tier 4 data centers.
  • The increased use of streaming content, online gaming, and smart devices led to increased consumption in the country. Increased consumption of data and better services have led companies to opt for tier 4 data centers. However, growing smart city initiatives are expected to trigger the growth of Tier 3 data centers as well, with a CAGR of 5.9%.
Hotspot
Chai Wan
Shatin
Tseun Wan
Tseung Kwan O
Rest of Hong Kong
Data Center Size
Large
Massive
Medium
Mega
Small
Tier Type
Tier 1 and 2
Tier 3
Tier 4
Absorption
Non-Utilized
Utilized
By Colocation Type
Hyperscale
Retail
Wholesale
By End User
BFSI
Cloud
E-Commerce
Government
Manufacturing
Media & Entertainment
Telecom
Other End User
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Market Definition

  • IT LOAD CAPACITY - The IT load capacity or installed capacity, refers to the amount of energy consumed by servers and network equipments placed in a rack installed. It is measured in megawatt (MW).
  • ABSORPTION RATE - It denotes the extend to which the data center capacity has been leased out. For instance, a 100 MW DC has leased out 75 MW, then absorption rate would be 75%. It is also referred as utilization rate and leased-out capacity.
  • RAISED FLOOR SPACE - It is an elevated space build over the floor. This gap between the original floor and the elevated floor is used to accommodate wiring, cooling, and other data center equipment. This arrangement assist in having proper wiring and cooling infrastructure. It is measured in square feet (ft^2).
  • DATA CENTER SIZE - Data Center Size is segmented based on the raised floor space allocated to the data center facilities. Mega DC - # of Racks must be more than 9000 or RFS (raised floor space) must be more than 225001 Sq. ft; Massive DC - # of Racks must be in between 9000 and 3001 or RFS must be in between 225000 Sq. ft and 75001 Sq. ft; Large DC - # of Racks must be in between 3000 and 801 or RFS must be in between 75000 Sq. ft and 20001 Sq. ft; Medium DC # of Racks must be in between 800 and 201 or RFS must be in between 20000 Sq. ft and 5001 Sq. ft; Small DC - # of Racks must be less than 200 or RFS must be less than 5000 Sq. ft.
  • TIER TYPE - According to Uptime Institute the data centers are classified into four tiers based on the proficiencies of redundant equipment of the data center infrastructure. In this segment the data center are segmented as Tier 1,Tier 2, Tier 3 and Tier 4.
  • COLOCATION TYPE - The segment is segregated into 3 categories namely Retail, Wholesale and Hyperscale Colocation service. The categorization is done based on the amount of IT load leased out to potential customers. Retail colocation service has leased capacity less than 250 kW; Wholesale colocation services has leased capacity between 251 kW and 4 MW and Hyperscale colocation services has leased capacity more than 4 MW.
  • END CONSUMERS - The Data Center Market operates on a B2B basis. BFSI, Government, Cloud Operators, Media and Entertainment, E-Commerce, Telecom and Manufacturing are the major end-consumers in the market studied. The scope only includes colocation service operators catering to the increasing digitalization of the end-user industries.
Keyword Definition
Rack Unit Generally referred as U or RU, it is the unit of measurement for the server unit housed in the racks in the data center. 1U is equal to 1.75 inches.
Rack Density It defines the amount of power consumed by the equipment and server housed in a rack. It is measured in kilowatt (kW). This factor plays a critical role in data center design and, cooling and power planning.
IT Load Capacity The IT load capacity or installed capacity, refers to the amount of energy consumed by servers and network equipment placed in a rack installed. It is measured in megawatt (MW).
Absorption Rate It denotes how much of the data center capacity has been leased out. For instance, if a 100 MW DC has leased out 75 MW, then the absorption rate would be 75%. It is also referred to as utilization rate and leased-out capacity.
Raised Floor Space It is an elevated space built over the floor. This gap between the original floor and the elevated floor is used to accommodate wiring, cooling, and other data center equipment. This arrangement assists in having proper wiring and cooling infrastructure. It is measured in square feet/meter.
Computer Room Air Conditioner (CRAC) It is a device used to monitor and maintain the temperature, air circulation, and humidity inside the server room in the data center.
Aisle It is the open space between the rows of racks. This open space is critical for maintaining the optimal temperature (20-25 °C) in the server room. There are primarily two aisles inside the server room, a hot aisle and a cold aisle.
Cold Aisle It is the aisle wherein the front of the rack faces the aisle. Here, chilled air is directed into the aisle so that it can enter the front of the racks and maintain the temperature.
Hot Aisle It is the aisle where the back of the racks faces the aisle. Here, the heat dissipated from the equipment’s in the rack is directed to the outlet vent of the CRAC.
Critical Load It includes the servers and other computer equipment whose uptime is critical for data center operation.
Power Usage Effectiveness (PUE) It is a metric which defines the efficiency of a data center. It is calculated by: (𝑇𝑜𝑡𝑎𝑙 𝐷𝑎𝑡𝑎 𝐶𝑒𝑛𝑡𝑒𝑟 𝐸𝑛𝑒𝑟𝑔𝑦 𝐶𝑜𝑛𝑠𝑢𝑚𝑝𝑡𝑖𝑜𝑛)/(𝑇𝑜𝑡𝑎𝑙 𝐼𝑇 𝐸𝑞𝑢𝑖𝑝𝑚𝑒𝑛𝑡 𝐸𝑛𝑒𝑟𝑔𝑦 𝐶𝑜𝑛𝑠𝑢𝑚𝑝𝑡𝑖𝑜𝑛). Further, a data center with a PUE of 1.2-1.5 is considered highly efficient, whereas, a data center with a PUE >2 is considered highly inefficient.
Redundancy It is defined as a system design wherein additional component (UPS, generators, CRAC) is added so that in case of power outage, equipment failure, the IT equipment should not be affected.
Uninterruptible Power Supply (UPS) It is a device that is connected in series with the utility power supply, storing energy in batteries such that the supply from UPS is continuous to IT equipment even during utility power is snapped. The UPS primarily supports the IT equipment only.
Generators Just like UPS, generators are placed in the data center to ensure an uninterrupted power supply, avoiding downtime. Data center facilities have diesel generators and commonly, 48-hour diesel is stored in the facility to prevent disruption.
N It denotes the tools and equipment required for a data center to function at full load. Only "N" indicates that there is no backup to the equipment in the event of any failure.
N+1 Referred to as 'Need plus one', it denotes the additional equipment setup available to avoid downtime in case of failure. A data center is considered N+1 when there is one additional unit for every 4 components. For instance, if a data center has 4 UPS systems, then for to achieve N+1, an additional UPS system would be required.
2N It refers to fully redundant design wherein two independent power distribution system is deployed. Therefore, in the event of a complete failure of one distribution system, the other system will still supply power to the data center.
In-Row Cooling It is the cooling design system installed between racks in a row where it draws warm air from the hot aisle and supplies cool air to the cold aisle, thereby maintaining the temperature.
Tier 1 Tier classification determines the preparedness of a data center facility to sustain data center operation. A data center is classified as Tier 1 data center when it has a non-redundant (N) power component (UPS, generators), cooling components, and power distribution system (from utility power grids). The Tier 1 data center has an uptime of 99.67% and an annual downtime of <28.8 hours.
Tier 2 A data center is classified as Tier 2 data center when it has a redundant power and cooling components (N+1) and a single non-redundant distribution system. Redundant components include extra generators, UPS, chillers, heat rejection equipment, and fuel tanks. The Tier 2 data center has an uptime of 99.74% and an annual downtime of <22 hours.
Tier 3 A data center having redundant power and cooling components and multiple power distribution systems is referred to as a Tier 3 data center. The facility is resistant to planned (facility maintenance) and unplanned (power outage, cooling failure) disruption. The Tier 3 data center has an uptime of 99.98% and an annual downtime of <1.6 hours.
Tier 4 It is the most tolerant type of data center. A Tier 4 data center has multiple, independent redundant power and cooling components and multiple power distribution paths. All IT equipment are dual powered, making them fault tolerant in case of any disruption, thereby ensuring interrupted operation. The Tier 4 data center has an uptime of 99.74% and an annual downtime of <26.3 minutes.
Small Data Center Data center that has floor space area of ≤ 5,000 Sq. ft or the number of racks that can be installed is ≤ 200 is classified as a small data center.
Medium Data Center Data center which has floor space area between 5,001-20,000 Sq. ft, or the number of racks that can be installed is between 201-800, is classified as a medium data center.
Large Data Center Data center which has floor space area between 20,001-75,000 Sq. ft, or the number of racks that can be installed is between 801-3,000, is classified as a large data center.
Massive Data Center Data center which has floor space area between 75,001-225,000 Sq. ft, or the number of racks that can be installed is between 3001-9,000, is classified as a massive data center.
Mega Data Center Data center that has a floor space area of ≥ 225,001 Sq. ft or the number of racks that can be installed is ≥ 9001 is classified as a mega data center.
Retail Colocation It refers to those customers who have a capacity requirement of 250 kW or less. These services are majorly opted by small and medium enterprises (SMEs).
Wholesale Colocation It refers to those customers who have a capacity requirement between 250 kW to 4 MW. These services are majorly opted by medium to large enterprises.
Hyperscale Colocation It refers to those customers who have a capacity requirement greater than 4 MW. The hyperscale demand primarily originates from large-scale cloud players, IT companies, BFSI, and OTT players (like Netflix, Hulu, and HBO+).
Mobile Data Speed It is the mobile internet speed a user experiences via their smartphones. This speed is primarily dependent on the carrier technology being used in the smartphone. The carrier technologies available in the market are 2G, 3G, 4G, and 5G, where 2G provides the slowest speed while 5G is the fastest.
Fiber Connectivity Network It is a network of optical fiber cables deployed across the country, connecting rural and urban regions with high-speed internet connection. It is measured in kilometer (km).
Data Traffic per Smartphone It is a measure of average data consumption by a smartphone user in a month. It is measured in gigabyte (GB).
Broadband Data Speed It is the internet speed that is supplied over the fixed cable connection. Commonly, copper cable and optic fiber cable are used in both residential and commercial use. Here, optic cable fiber provides faster internet speed than copper cable.
Submarine Cable A submarine cable is a fiber optic cable laid down at two or more landing points. Through this cable, communication and internet connectivity between countries across the globe is established. These cables can transmit 100-200 terabits per second (Tbps) from one point to another.
Carbon Footprint It is the measure of carbon dioxide generated during the regular operation of a data center. Since, coal, and oil & gas are the primary source of power generation, consumption of this power contributes to carbon emissions. Data center operators are incorporating renewable energy sources to curb the carbon footprint emerging in their facilities.
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Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Hong Kong Data Center Market Research FAQs

The Hong Kong Data Center Market is projected to register a CAGR of 13.36% during the forecast period (2024-2029).

China Mobile International Ltd., Digital Realty Trust, Inc., Equinix, Inc., NTT Ltd and Rackspace Technology Inc. are the major companies operating in the Hong Kong Data Center Market.

In the Hong Kong Data Center Market, the Tier 3 segment accounts for the largest share by tier type.

In 2024, the Tier 4 segment accounts for the fastest growing by tier type in the Hong Kong Data Center Market.

In 2023, the Hong Kong Data Center Market size was estimated at 949.92. The report covers the Hong Kong Data Center Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Hong Kong Data Center Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Hong Kong Data Center Industry Report

Statistics for the 2023 Hong Kong Data Center market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Hong Kong Data Center analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Hong Kong Data Center Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis Up to 2029