It Market in Hong Kong 2024-2028

Global It Market In Hong Kong 2024-2028


The it market in hong kong is forecasted to grow by USD 3252.4 mn during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the it market in hong kong 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 it market in hong kong is segmented as below:
  • By Type
  • Services
  • Hardware
  • Software
  • By End-user
  • BFSI
  • Telecommunication
  • Industrial
  • Others
  • By Geographical Landscape
  • APAC
This study identifies the increasing adoption of big data solutions as one of the prime reasons driving the it market in hong kong 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 it market in hong kong covers the following areas:
  • It market in hong kong sizing
  • It market in hong kong forecast
  • It market in hong kong industry analysis
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 it market in hong kong 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 it market in hong kong 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 primary and secondary research. 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 accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Hong Kong - Market size and forecast 2023-2028 ($ million)
Data Table on Hong Kong - Market size and forecast 2023-2028 ($ million)
Chart on Hong Kong: Year-over-year growth 2023-2028 (%)
Data Table on Hong Kong: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 IT Market in Hong Kong 2018 - 2022
Historic Market Size - Data Table on IT Market in Hong Kong 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 End-user segment analysis 2018 - 2022
Historic Market Size - End-user Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
6.3 Services - Market size and forecast 2023-2028
Chart on Services - Market size and forecast 2023-2028 ($ million)
Data Table on Services - Market size and forecast 2023-2028 ($ million)
Chart on Services - Year-over-year growth 2023-2028 (%)
Data Table on Services - Year-over-year growth 2023-2028 (%)
6.4 Hardware - Market size and forecast 2023-2028
Chart on Hardware - Market size and forecast 2023-2028 ($ million)
Data Table on Hardware - Market size and forecast 2023-2028 ($ million)
Chart on Hardware - Year-over-year growth 2023-2028 (%)
Data Table on Hardware - Year-over-year growth 2023-2028 (%)
6.5 Software - Market size and forecast 2023-2028
Chart on Software - Market size and forecast 2023-2028 ($ million)
Data Table on Software - Market size and forecast 2023-2028 ($ million)
Chart on Software - Year-over-year growth 2023-2028 (%)
Data Table on Software - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by End-user
7.1 Market segments
Chart on End-user - Market share 2023-2028 (%)
Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
7.3 BFSI - Market size and forecast 2023-2028
Chart on BFSI - Market size and forecast 2023-2028 ($ million)
Data Table on BFSI - Market size and forecast 2023-2028 ($ million)
Chart on BFSI - Year-over-year growth 2023-2028 (%)
Data Table on BFSI - Year-over-year growth 2023-2028 (%)
7.4 Telecommunication - Market size and forecast 2023-2028
Chart on Telecommunication - Market size and forecast 2023-2028 ($ million)
Data Table on Telecommunication - Market size and forecast 2023-2028 ($ million)
Chart on Telecommunication - Year-over-year growth 2023-2028 (%)
Data Table on Telecommunication - Year-over-year growth 2023-2028 (%)
7.5 Industrial - Market size and forecast 2023-2028
Chart on Industrial - Market size and forecast 2023-2028 ($ million)
Data Table on Industrial - Market size and forecast 2023-2028 ($ million)
Chart on Industrial - Year-over-year growth 2023-2028 (%)
Data Table on Industrial - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Accenture Plc
Accenture Plc - Overview
Accenture Plc - Business segments
Accenture Plc - Key news
Accenture Plc - Key offerings
Accenture Plc - Segment focus
11.4 Alphabet Inc.
Alphabet Inc. - Overview
Alphabet Inc. - Business segments
Alphabet Inc. - Key offerings
Alphabet Inc. - Segment focus
11.5 Deloitte Touche Tohmatsu Ltd.
Deloitte Touche Tohmatsu Ltd. - Overview
Deloitte Touche Tohmatsu Ltd. - Product / Service
Deloitte Touche Tohmatsu Ltd. - Key news
Deloitte Touche Tohmatsu Ltd. - Key offerings
11.6 Digital Realty Trust Inc.
Digital Realty Trust Inc. - Overview
Digital Realty Trust Inc. - Product / Service
Digital Realty Trust Inc. - Key news
Digital Realty Trust Inc. - Key offerings
11.7 Ernst and Young Global Ltd.
Ernst and Young Global Ltd. - Overview
Ernst and Young Global Ltd. - Product / Service
Ernst and Young Global Ltd. - Key offerings
11.8 HCL Technologies Ltd.
HCL Technologies Ltd. - Overview
HCL Technologies Ltd. - Business segments
HCL Technologies Ltd. - Key news
HCL Technologies Ltd. - Key offerings
HCL Technologies Ltd. - Segment focus
11.9 HP Inc.
HP Inc. - Overview
HP Inc. - Business segments
HP Inc. - Key news
HP Inc. - Key offerings
HP Inc. - Segment focus
11.10 International Business Machines Corp.
International Business Machines Corp. - Overview
International Business Machines Corp. - Business segments
International Business Machines Corp. - Key news
International Business Machines Corp. - Key offerings
International Business Machines Corp. - Segment focus
11.11 Microsoft Corp.
Microsoft Corp. - Overview
Microsoft Corp. - Business segments
Microsoft Corp. - Key news
Microsoft Corp. - Key offerings
Microsoft Corp. - Segment focus
11.12 NVIDIA Corp.
NVIDIA Corp. - Overview
NVIDIA Corp. - Business segments
NVIDIA Corp. - Key news
NVIDIA Corp. - Key offerings
NVIDIA Corp. - Segment focus
11.13 Oracle Corp.
Oracle Corp. - Overview
Oracle Corp. - Business segments
Oracle Corp. - Key news
Oracle Corp. - Key offerings
Oracle Corp. - Segment focus
11.14 Petabytes and Beyond Technology Ltd.
Petabytes and Beyond Technology Ltd. - Overview
Petabytes and Beyond Technology Ltd. - Product / Service
Petabytes and Beyond Technology Ltd. - Key offerings
11.15 Sanesys Consultancy Co.
Sanesys Consultancy Co. - Overview
Sanesys Consultancy Co. - Product / Service
Sanesys Consultancy Co. - Key offerings
11.16 SAP SE
SAP SE - Overview
SAP SE - Business segments
SAP SE - Key news
SAP SE - Key offerings
SAP SE - Segment focus
11.17 Wipro Ltd.
Wipro Ltd. - Overview
Wipro Ltd. - Business segments
Wipro Ltd. - Key news
Wipro Ltd. - Key offerings
Wipro Ltd. - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Type
Exhibits5: Executive Summary - Chart on Market Segmentation by End-user
Exhibits6: Executive Summary - Chart on Company Market Positioning
Exhibits7: Parent Market
Exhibits8: Data Table on - Parent Market
Exhibits9: Market characteristics analysis
Exhibits10: Value Chain Analysis
Exhibits11: Offerings of companies included in the market definition
Exhibits12: Market segments
Exhibits13: Chart on Hong Kong - Market size and forecast 2023-2028 ($ million)
Exhibits14: Data Table on Hong Kong - Market size and forecast 2023-2028 ($ million)
Exhibits15: Chart on Hong Kong: Year-over-year growth 2023-2028 (%)
Exhibits16: Data Table on Hong Kong: Year-over-year growth 2023-2028 (%)
Exhibits17: Historic Market Size - Data Table on IT Market in Hong Kong 2018 - 2022 ($ million)
Exhibits18: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits20: Five forces analysis - Comparison between 2023 and 2028
Exhibits21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits26: Chart on Market condition - Five forces 2023 and 2028
Exhibits27: Chart on Type - Market share 2023-2028 (%)
Exhibits28: Data Table on Type - Market share 2023-2028 (%)
Exhibits29: Chart on Comparison by Type
Exhibits30: Data Table on Comparison by Type
Exhibits31: Chart on Services - Market size and forecast 2023-2028 ($ million)
Exhibits32: Data Table on Services - Market size and forecast 2023-2028 ($ million)
Exhibits33: Chart on Services - Year-over-year growth 2023-2028 (%)
Exhibits34: Data Table on Services - Year-over-year growth 2023-2028 (%)
Exhibits35: Chart on Hardware - Market size and forecast 2023-2028 ($ million)
Exhibits36: Data Table on Hardware - Market size and forecast 2023-2028 ($ million)
Exhibits37: Chart on Hardware - Year-over-year growth 2023-2028 (%)
Exhibits38: Data Table on Hardware - Year-over-year growth 2023-2028 (%)
Exhibits39: Chart on Software - Market size and forecast 2023-2028 ($ million)
Exhibits40: Data Table on Software - Market size and forecast 2023-2028 ($ million)
Exhibits41: Chart on Software - Year-over-year growth 2023-2028 (%)
Exhibits42: Data Table on Software - Year-over-year growth 2023-2028 (%)
Exhibits43: Market opportunity by Type ($ million)
Exhibits44: Data Table on Market opportunity by Type ($ million)
Exhibits45: Chart on End-user - Market share 2023-2028 (%)
Exhibits46: Data Table on End-user - Market share 2023-2028 (%)
Exhibits47: Chart on Comparison by End-user
Exhibits48: Data Table on Comparison by End-user
Exhibits49: Chart on BFSI - Market size and forecast 2023-2028 ($ million)
Exhibits50: Data Table on BFSI - Market size and forecast 2023-2028 ($ million)
Exhibits51: Chart on BFSI - Year-over-year growth 2023-2028 (%)
Exhibits52: Data Table on BFSI - Year-over-year growth 2023-2028 (%)
Exhibits53: Chart on Telecommunication - Market size and forecast 2023-2028 ($ million)
Exhibits54: Data Table on Telecommunication - Market size and forecast 2023-2028 ($ million)
Exhibits55: Chart on Telecommunication - Year-over-year growth 2023-2028 (%)
Exhibits56: Data Table on Telecommunication - Year-over-year growth 2023-2028 (%)
Exhibits57: Chart on Industrial - Market size and forecast 2023-2028 ($ million)
Exhibits58: Data Table on Industrial - Market size and forecast 2023-2028 ($ million)
Exhibits59: Chart on Industrial - Year-over-year growth 2023-2028 (%)
Exhibits60: Data Table on Industrial - Year-over-year growth 2023-2028 (%)
Exhibits61: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits62: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits63: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits64: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits65: Market opportunity by End-user ($ million)
Exhibits66: Data Table on Market opportunity by End-user ($ million)
Exhibits67: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits68: Impact of drivers and challenges in 2023 and 2028
Exhibits69: Overview on criticality of inputs and factors of differentiation
Exhibits70: Overview on factors of disruption
Exhibits71: Impact of key risks on business
Exhibits72: Companies covered
Exhibits73: Matrix on companies position and classification
Exhibits74: Accenture Plc - Overview
Exhibits75: Accenture Plc - Business segments
Exhibits76: Accenture Plc - Key news
Exhibits77: Accenture Plc - Key offerings
Exhibits78: Accenture Plc - Segment focus
Exhibits79: Alphabet Inc. - Overview
Exhibits80: Alphabet Inc. - Business segments
Exhibits81: Alphabet Inc. - Key offerings
Exhibits82: Alphabet Inc. - Segment focus
Exhibits83: Deloitte Touche Tohmatsu Ltd. - Overview
Exhibits84: Deloitte Touche Tohmatsu Ltd. - Product / Service
Exhibits85: Deloitte Touche Tohmatsu Ltd. - Key news
Exhibits86: Deloitte Touche Tohmatsu Ltd. - Key offerings
Exhibits87: Digital Realty Trust Inc. - Overview
Exhibits88: Digital Realty Trust Inc. - Product / Service
Exhibits89: Digital Realty Trust Inc. - Key news
Exhibits90: Digital Realty Trust Inc. - Key offerings
Exhibits91: Ernst and Young Global Ltd. - Overview
Exhibits92: Ernst and Young Global Ltd. - Product / Service
Exhibits93: Ernst and Young Global Ltd. - Key offerings
Exhibits94: HCL Technologies Ltd. - Overview
Exhibits95: HCL Technologies Ltd. - Business segments
Exhibits96: HCL Technologies Ltd. - Key news
Exhibits97: HCL Technologies Ltd. - Key offerings
Exhibits98: HCL Technologies Ltd. - Segment focus
Exhibits99: HP Inc. - Overview
Exhibits100: HP Inc. - Business segments
Exhibits101: HP Inc. - Key news
Exhibits102: HP Inc. - Key offerings
Exhibits103: HP Inc. - Segment focus
Exhibits104: International Business Machines Corp. - Overview
Exhibits105: International Business Machines Corp. - Business segments
Exhibits106: International Business Machines Corp. - Key news
Exhibits107: International Business Machines Corp. - Key offerings
Exhibits108: International Business Machines Corp. - Segment focus
Exhibits109: Microsoft Corp. - Overview
Exhibits110: Microsoft Corp. - Business segments
Exhibits111: Microsoft Corp. - Key news
Exhibits112: Microsoft Corp. - Key offerings
Exhibits113: Microsoft Corp. - Segment focus
Exhibits114: NVIDIA Corp. - Overview
Exhibits115: NVIDIA Corp. - Business segments
Exhibits116: NVIDIA Corp. - Key news
Exhibits117: NVIDIA Corp. - Key offerings
Exhibits118: NVIDIA Corp. - Segment focus
Exhibits119: Oracle Corp. - Overview
Exhibits120: Oracle Corp. - Business segments
Exhibits121: Oracle Corp. - Key news
Exhibits122: Oracle Corp. - Key offerings
Exhibits123: Oracle Corp. - Segment focus
Exhibits124: Petabytes and Beyond Technology Ltd. - Overview
Exhibits125: Petabytes and Beyond Technology Ltd. - Product / Service
Exhibits126: Petabytes and Beyond Technology Ltd. - Key offerings
Exhibits127: Sanesys Consultancy Co. - Overview
Exhibits128: Sanesys Consultancy Co. - Product / Service
Exhibits129: Sanesys Consultancy Co. - Key offerings
Exhibits130: SAP SE - Overview
Exhibits131: SAP SE - Business segments
Exhibits132: SAP SE - Key news
Exhibits133: SAP SE - Key offerings
Exhibits134: SAP SE - Segment focus
Exhibits135: Wipro Ltd. - Overview
Exhibits136: Wipro Ltd. - Business segments
Exhibits137: Wipro Ltd. - Key news
Exhibits138: Wipro Ltd. - Key offerings
Exhibits139: Wipro Ltd. - Segment focus
Exhibits140: Inclusions checklist
Exhibits141: Exclusions checklist
Exhibits142: Currency conversion rates for US$
Exhibits143: Research methodology
Exhibits144: Information sources
Exhibits145: Data validation
Exhibits146: Validation techniques employed for market sizing
Exhibits147: Data synthesis
Exhibits148: 360 degree market analysis
Exhibits149: List of abbreviations

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