IT Market in Hong Kong 2025-2029

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	163 Pages	TechNavio	February, 2025	INF19659222

Best Price Guarantee
Price	from $2,500
Length	163 Pages
Publisher	TechNavio
Published Date	February, 2025
SKU	INF19659222

IT Market In Hong Kong 2025-2029

The IT market in Hong Kong is forecasted to grow by USD 3702.1 million during 2024-2029, accelerating at a CAGR of 8.5% 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.

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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

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 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.

Executive Summary
- Market overview
  - Table Executive Summary - Data Table on Market Overview
Technavio Analysis
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Criticality of inputs and Factors of differentiation
- Factors of disruption
- Impact of drivers and challenges
Market Landscape
- Market ecosystem
  - Table Data Table on - Parent Market
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2024
- Market outlook: Forecast for 2024-2029
  - Table Data Table on Hong Kong - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Hong Kong: Year-over-year growth 2024-2029 (%)
Historic Market Size
- IT Market in Hong Kong 2019 - 2023
  - Table Historic Market Size - Data Table on IT Market in Hong Kong 2019 - 2023 ($ million)
- Type segment analysis 2019 - 2023
- End-user segment analysis 2019 - 2023
Qualitative Analysis
- AI Impact on IT Market in Hong Kong
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
  - Table Data Table on Type - Market share 2024-2029 (%)
- Comparison by Type
  - Table Data Table on Comparison by Type
- Services - Market size and forecast 2024-2029
  - Table Data Table on Services - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Services - Year-over-year growth 2024-2029 (%)
- Hardware - Market size and forecast 2024-2029
  - Table Data Table on Hardware - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Hardware - Year-over-year growth 2024-2029 (%)
- Software - Market size and forecast 2024-2029
  - Table Data Table on Software - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Software - Year-over-year growth 2024-2029 (%)
- Market opportunity by Type
  - Table Data Table on Market opportunity by Type ($ million)
Market Segmentation by End-user
- Market segments
  - Table Data Table on End-user - Market share 2024-2029 (%)
- Comparison by End-user
  - Table Data Table on Comparison by End-user
- BFSI - Market size and forecast 2024-2029
  - Table Data Table on BFSI - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on BFSI - Year-over-year growth 2024-2029 (%)
- Telecommunication - Market size and forecast 2024-2029
  - Table Data Table on Telecommunication - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Telecommunication - Year-over-year growth 2024-2029 (%)
- Industrial - Market size and forecast 2024-2029
  - Table Data Table on Industrial - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Industrial - Year-over-year growth 2024-2029 (%)
- Others - Market size and forecast 2024-2029
  - Table Data Table on Others - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Others - Year-over-year growth 2024-2029 (%)
- Market opportunity by End-user
  - Table Data Table on Market opportunity by End-user ($ million)
Customer Landscape
- Customer landscape overview
Drivers, Challenges, and Opportunity/Restraints
- 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
- Market opportunities/restraints
  - Increasing adoption of big data solutions
  - Increased adoption of IT as a service
  - Digital transformation and blockchain technology adoption
Competitive Landscape
- Overview
- Competitive Landscape
- Landscape disruption
- Industry risks
Competitive Analysis
- Companies profiled
- Company ranking index
- Market positioning of companies
- 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
- Wipro Ltd.
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
- Currency conversion rates for US$
- Research methodology
- Data procurement
- Data validation
- Validation techniques employed for market sizing
- Data synthesis
- 360 degree market analysis
- List of abbreviations