Market Size of Hong Kong Data Center Server Industry
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2030 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 13.20 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Hong Kong Data Center Server Market Analysis
The Hong Kong data center server market reached a value of USD 388.8 million in the previous year, and it is further projected to register a CAGR of 13.2% during the forecast period. The increasing demand for cloud computing among small and medium-sized enterprises (SMEs), government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country.
Under Construction IT Load Capacity: The upcoming IT load capacity of the Hong Kong data center market is expected to reach 1700 MW by 2029.
Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 6 million sq. ft by 2029.
Planned Racks: The country's total number of racks to be installed is expected to reach 230K units by 2029. NCR Ho Chi Minh City is expected to house the maximum number of racks by 2029.
Planned Submarine Cables: There are close to 2 submarine cable systems connecting Hong Kong, and we expect a few cables to come in the near future. One such submarine cable that is estimated to start service in 2025 is Asia Cable Link ALC, which stretches over 6,000 Kilometers with landing points from Hong Kong SAR, Mainland China.
Hong Kong Data Center Server Industry Segmentation
A data center server is basically a high-capacity computer without peripherals like monitors and keyboards. It is a hardware unit installed inside a rack, having a central processing unit (CPU), storage, and other electrical and networking equipment, making them powerful computers that deliver applications, services, and data to end-user devices.
The Hong Kong data center server market is segmented by form factor (blade server, rack server, and tower server), and by end-user (IT and telecommunication, BFSI, government, media and entertainment, and other end users). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
Hong Kong Data Center Server Market Size Summary
The Hong Kong data center server market is experiencing significant growth, driven by the increasing demand for cloud computing, particularly among small and medium-sized enterprises, and the need for enhanced local data security due to government regulations. The market is also benefiting from substantial investments by domestic players and the introduction of advanced technologies such as 5G, which is boosting the adoption of smart devices and services. This surge in data consumption is prompting the need for more data center servers, with automation and Industry 4.0 measures playing a crucial role in meeting the rising demand. The expansion of fiber connectivity, including new submarine cable projects, is further expected to enhance the market's infrastructure, supporting the growing need for data storage solutions.
The competitive landscape of the Hong Kong data center server market is characterized by the presence of key players like Dell Inc., Cisco Systems Inc., and Fujitsu Limited, who are actively expanding their market share through strategic collaborations and innovative product offerings. These companies are focusing on energy-efficient solutions, such as blade servers and liquid-cooled rack servers, to reduce operational costs and improve sustainability. Recent advancements, including Cisco's UCS X servers and Inspur's ORS3000S, highlight the industry's commitment to integrating energy-efficient technologies. The market's growth trajectory is supported by the ongoing adoption of cloud computing, artificial intelligence, and IT services, which are driving the demand for advanced server solutions in data centers.
Hong Kong Data Center Server Market Market Size - Table of Contents
-
1. Market Dynamics
-
1.1 Market Overview
-
1.2 Market Drivers
-
1.2.1 Increase in construction of new data centers, development of internet infrastructure
-
1.2.2 Increasing adoption of cloud and IoT services
-
-
1.3 Market Restraints
-
1.3.1 Rising CapEx for data center construction
-
-
1.4 Value Chain / Supply Chain Analysis
-
1.5 Industry Attractiveness - Porter's Five Forces Analysis
-
1.5.1 Threat of New Entrants
-
1.5.2 Bargaining Power of Buyers/Consumers
-
1.5.3 Bargaining Power of Suppliers
-
1.5.4 Threat of Substitute Products
-
1.5.5 Intensity of Competitive Rivalry
-
-
1.6 Assessment of COVID-19 Impact
-
-
2. MARKET SEGMENTATION
-
2.1 Form Factor
-
2.1.1 Blade Server
-
2.1.2 Rack Server
-
2.1.3 Tower Server
-
-
2.2 End-User
-
2.2.1 IT & Telecommunication
-
2.2.2 BFSI
-
2.2.3 Government
-
2.2.4 Media & Entertainment
-
2.2.5 Other End-User
-
-
Hong Kong Data Center Server Market Market Size FAQs
What is the current Hong Kong Data Center Server Market size?
The Hong Kong Data Center Server Market is projected to register a CAGR of 13.20% during the forecast period (2024-2030)
Who are the key players in Hong Kong Data Center Server Market ?
Dell Inc., Hewlett Packard Enterprise , Cisco Systems Inc., Kingston Technology Company Inc. and Lenovo Group Limited are the major companies operating in the Hong Kong Data Center Server Market .
