Hong Kong Enterprise ICT Investment Trends and Future Outlook by Segments Hardware, Software, IT Services, and Network and Communications

Hong Kong Enterprise ICT Investment Trends and Future Outlook by Segments Hardware, Software, IT Services, and Network and Communications

Summary

Hong Kong Enterprise ICT Investment Trends and Future Outlook by Segments Hardware, Software, IT Services, and Network and Communications summarizes key findings from the GlobalData’s ICT customer insight survey carried out in H1-2022. It reveals how the overall ICT budgets and their allocations towards various business functions and spending areas, have changed for enterprises in the country in 2022 when compared to 2021. The report also discusses the change in ICT budget allocations for digital transformation enabling technologies like artificial intelligence (AI), internet of things (IoT), automation and edge computing among enterprises in 2022 as compared to 2021. It sheds focus on the change in ICT budget allocations across 30 IT hardware, software, and service categories. The report also gives an indication of ICT opportunities in Hong Kong with forward-looking insights on enterprise spending priorities for over 100 ICT product and service sub-categories over next two years.

The survey report provides information and insights into ICT spending by enterprises in Hong Kong -

• Insights of its ICT budget allocation by business function and key spending areas
• Enterprise ICT budget allocations by type of ICT project
• Breakdown of enterprise budget allocation change by digital transformation areas
• Segment ICT budget allocation trends
• Insights on ICT technology spending priorities of enterprises in Hong Kong
• Enterprise cloud computing investment priority

• A majority enterprises in Hong Kong will see a slight increase in their enterprise ICT budget for 2022 compared to previous year
• Enterprise ICT budgets in total have increased for maintenance of existing ICT infrastructure and for new IT Projects in 2022, however for the latter a substantial percentage of enterprises seem to have increased their budget allocation
• Most enterprises seem to have a slight increase in their software budget allocations for software vendor support & maintenance, SaaS and on-premise software license costs in 2022
• For most of the enterprises network & communication services budget allocations have slightly increased across all categories in 2022 compared to 2021

• The report is based on GlobalData’s IT Customer Insight Survey carried out annually covering key ICT decision makers from enterprises across various industry verticals to understand their ICT investment priorities and trends.
• This survey report offers a thorough, forward-looking analysis of Enterprise ICT Investment Trends and key ICT opportunities in a concise format to help executives build proactive and profitable growth strategies.
• Accompanying GlobalData’s IT Customer Insight Survey, the report examines the ongoing and upcoming trends in enterprise IT spending within Hong Kong.
• With more than 50 charts, the report is designed for an executive-level audience, boasting presentation quality.
• The report provides an easily digestible market assessment for decision makers built around research gathered from the local IT decision makers, which enables executives to quickly get up to speed with the current and emerging trends in Hong Kong’s Enterprise ICT Spending.