IT Market in Hong Kong 2023-2027

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	142 Pages	TechNavio	August, 2023	INF18182170

Best Price Guarantee
Price	from $2,500
Length	142 Pages
Publisher	TechNavio
Published Date	August, 2023
SKU	INF18182170

Hong Kong-IT Market 2023-2027

The Hong Kong-IT Market is forecasted to grow by USD 2,527.56 mn during 2022-2027, accelerating at a CAGR of 6.87% during the forecast period. The report on the Hong Kong-IT Market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased adoption of IT solutions among Hong Kong SMEs, increased adoption of cloud-based services, and increase in IT consolidation and IT modernization.

Technavio's Hong Kong-IT Market is segmented as below:

By Type

Services
Hardware
Software

By End-user

BFSI
Telecommunication
Industrial
Others

This study identifies the increasing adoption of big data solutions as one of the prime reasons driving the Hong Kong-IT Market growth during the next few years. Also, increased adoption of IT as a service and digital transformation and blockchain technology adoption will lead to sizable demand in the market.

The report on the Hong Kong-IT Market covers the following areas:

IT Market sizing in Hong Kong
IT Market forecast in Hong Kong
IT Market industry analysis in Hong Kong

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Hong Kong-IT Market vendors that include Accenture Plc, Alphabet Inc., Deloitte Touche Tohmatsu Ltd., Digital Realty Trust Inc., Ernst and Young Global Ltd., HCL Technologies Ltd., HP Inc., International Business Machines Corp., Microsoft Corp., NVIDIA Corp., Oracle Corp., Petabytes and Beyond Technology Ltd., Sanesys Consultancy Co., SAP SE, Siemens AG, SUNeVision Holdings Ltd., Tata Consultancy Services Ltd., Tech Mahindra Ltd., WebZap Technologies, and Wipro Ltd.. Also, the Hong Kong-IT Market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary - Chart on Market Overview
  - Table Executive Summary - Data Table on Market Overview
  - Table Executive Summary - Chart on Country Market Characteristics
  - Table Executive Summary - Chart on Market Segmentation by Type
  - Table Executive Summary - Chart on Market Segmentation by End-user
  - Table Executive Summary - Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2022
- Market outlook: Forecast for 2022-2027
  - Table Chart on Hong Kong - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Hong Kong - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Hong Kong: Year-over-year growth 2022-2027 (%)
  - Table Data Table on Hong Kong: Year-over-year growth 2022-2027 (%)
Historic Market Size
- IT market in Hong Kong 2017 - 2021
  - Table Historic Market Size - Data table on IT market in Hong Kong 2017 - 2021 ($ million)
- Type Segment Analysis 2017 - 2021
  - Table Historic Market Size - Type Segment 2017 - 2021 ($ million)
- End-user Segment Analysis 2017 - 2021
  - Table Historic Market Size - End-user Segment 2017 - 2021 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2022 and 2027
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
- Bargaining power of suppliers
  - Table Bargaining power of suppliers - Impact of key factors in 2022 and 2027
- Threat of new entrants
  - Table Threat of new entrants - Impact of key factors in 2022 and 2027
- Threat of substitutes
  - Table Threat of substitutes - Impact of key factors in 2022 and 2027
- Threat of rivalry
  - Table Threat of rivalry - Impact of key factors in 2022 and 2027
- Market condition
  - Table Chart on Market condition - Five forces 2022 and 2027
Market Segmentation by Type
- Market segments
  - Table Chart on Type - Market share 2022-2027 (%)
  - Table Data Table on Type - Market share 2022-2027 (%)
- Comparison by Type
  - Table Chart on Comparison by Type
  - Table Data Table on Comparison by Type
- Services - Market size and forecast 2022-2027
  - Table Chart on Services - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Services - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Services - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Services - Year-over-year growth 2022-2027 (%)
- Hardware - Market size and forecast 2022-2027
  - Table Chart on Hardware - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Hardware - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Hardware - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Hardware - Year-over-year growth 2022-2027 (%)
- Software - Market size and forecast 2022-2027
  - Table Chart on Software - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Software - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Software - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Software - Year-over-year growth 2022-2027 (%)
- Market opportunity by Type
  - Table Market opportunity by Type ($ million)
  - Table Data Table on Market opportunity by Type ($ million)
Market Segmentation by End-user
- Market segments
  - Table Chart on End-user - Market share 2022-2027 (%)
  - Table Data Table on End-user - Market share 2022-2027 (%)
- Comparison by End-user
  - Table Chart on Comparison by End-user
  - Table Data Table on Comparison by End-user
- BFSI - Market size and forecast 2022-2027
  - Table Chart on BFSI - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on BFSI - Market size and forecast 2022-2027 ($ million)
  - Table Chart on BFSI - Year-over-year growth 2022-2027 (%)
  - Table Data Table on BFSI - Year-over-year growth 2022-2027 (%)
- Telecommunication - Market size and forecast 2022- 2027
  - Table Chart on Telecommunication - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Telecommunication - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Telecommunication - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Telecommunication - Year-over-year growth 2022-2027 (%)
- Industrial - Market size and forecast 2022-2027
  - Table Chart on Industrial - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Industrial - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Industrial - Year-over-year growth 2022-2027 (%)
- Others - Market size and forecast 2022-2027
  - Table Chart on Others - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Others - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Others - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Others - Year-over-year growth 2022-2027 (%)
- Market opportunity by End-user
  - Table Market opportunity by End-user ($ million)
  - Table Data Table on Market opportunity by End-user ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Drivers, Challenges, and Trends
- Market drivers
  - Increased adoption of IT solutions among Hong Kong SMEs
  - Increased adoption of cloud-based services
  - Increase in IT consolidation and IT modernization
- Market challenges
  - Shortage of skilled IT professionals
  - Increase in cyberattack activities
  - Data privacy and security concerns
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2022 and 2027
- Market trends
  - Increasing adoption of big data solutions
  - Increased adoption of IT as a service
  - Digital transformation and blockchain technology adoption
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Accenture Plc
  - Table Accenture Plc - Overview
  - Table Accenture Plc - Business segments
  - Table Accenture Plc - Key news
  - Table Accenture Plc - Key offerings
  - Table Accenture Plc - Segment focus
- Alphabet Inc.
  - Table Alphabet Inc. - Overview
  - Table Alphabet Inc. - Business segments
  - Table Alphabet Inc. - Key news
  - Table Alphabet Inc. - Key offerings
  - Table Alphabet Inc. - Segment focus
- Deloitte Touche Tohmatsu Ltd.
  - Table Deloitte Touche Tohmatsu Ltd. - Overview
  - Table Deloitte Touche Tohmatsu Ltd. - Business segments
  - Table Deloitte Touche Tohmatsu Ltd. - Key offerings
  - Table Deloitte Touche Tohmatsu Ltd. - Segment focus
- Digital Realty Trust Inc.
  - Table Digital Realty Trust Inc. - Overview
  - Table Digital Realty Trust Inc. - Product / Service
  - Table Digital Realty Trust Inc. - Key offerings
- Ernst and Young Global Ltd.
  - Table Ernst and Young Global Ltd. - Overview
  - Table Ernst and Young Global Ltd. - Product / Service
  - Table Ernst and Young Global Ltd. - Key offerings
- HCL Technologies Ltd.
  - Table HCL Technologies Ltd. - Overview
  - Table HCL Technologies Ltd. - Business segments
  - Table HCL Technologies Ltd. - Key news
  - Table HCL Technologies Ltd. - Key offerings
  - Table HCL Technologies Ltd. - Segment focus
- HP Inc.
  - Table HP Inc. - Overview
  - Table HP Inc. - Business segments
  - Table HP Inc. - Key news
  - Table HP Inc. - Key offerings
  - Table HP Inc. - Segment focus
- International Business Machines Corp.
  - Table International Business Machines Corp. - Overview
  - Table International Business Machines Corp. - Business segments
  - Table International Business Machines Corp. - Key news
  - Table International Business Machines Corp. - Key offerings
  - Table International Business Machines Corp. - Segment focus
- Microsoft Corp.
  - Table Microsoft Corp. - Overview
  - Table Microsoft Corp. - Business segments
  - Table Microsoft Corp. - Key news
  - Table Microsoft Corp. - Key offerings
  - Table Microsoft Corp. - Segment focus
- NVIDIA Corp.
  - Table NVIDIA Corp. - Overview
  - Table NVIDIA Corp. - Business segments
  - Table NVIDIA Corp. - Key news
  - Table NVIDIA Corp. - Key offerings
  - Table NVIDIA Corp. - Segment focus
- Oracle Corp.
  - Table Oracle Corp. - Overview
  - Table Oracle Corp. - Business segments
  - Table Oracle Corp. - Key news
  - Table Oracle Corp. - Key offerings
  - Table Oracle Corp. - Segment focus
- Petabytes and Beyond Technology Ltd.
  - Table Petabytes and Beyond Technology Ltd. - Overview
  - Table Petabytes and Beyond Technology Ltd. - Product / Service
  - Table Petabytes and Beyond Technology Ltd. - Key offerings
- Sanesys Consultancy Co.
  - Table Sanesys Consultancy Co. - Overview
  - Table Sanesys Consultancy Co. - Product / Service
  - Table Sanesys Consultancy Co. - Key offerings
- SAP SE
  - Table SAP SE - Overview
  - Table SAP SE - Business segments
  - Table SAP SE - Key news
  - Table SAP SE - Key offerings
  - Table SAP SE - Segment focus
- Wipro Ltd.
  - Table Wipro Ltd. - Overview
  - Table Wipro Ltd. - Business segments
  - Table Wipro Ltd. - Key news
  - Table Wipro Ltd. - Key offerings
  - Table Wipro Ltd. - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations