Telecommunication Services in Hong Kong
Summary
Telecommunication Services in Hong Kong industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The telecommunication services market is defined as the total volume and value of both the fixed line and the wireless telecommunications market. The market volume here is defined as the number of fixed-line and wireless subscriptions.
- The Hong Kongese telecommunication services market recorded revenues of $5.4 billion in 2023, representing a compound annual growth rate (CAGR) of 0.7% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 2.3% between 2018 and 2023, reaching a total of 27.5 million subscriptions in 2023.
- The growth in the market is attributed to the increase in mobile penetration. According to the World Bank, mobile penetration in Hong Kong stood at 292.9 per 100 people in 2023, an increase of 0.3% from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the telecommunication services market in Hong Kong
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the telecommunication services market in Hong Kong
- Leading company profiles reveal details of key telecommunication services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Hong Kong telecommunication services market with five year forecasts
- What was the size of the Hong Kong telecommunication services market by value in 2023?
- What will be the size of the Hong Kong telecommunication services market in 2028?
- What factors are affecting the strength of competition in the Hong Kong telecommunication services market?
- How has the market performed over the last five years?
- What are the main segments that make up Hong Kong's telecommunication services market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the key market players?
- 7.2. What strategies do the key market players follow?
- 7.3. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. China Mobile Limited
- 8.2. PCCW Limited
- 8.3. SmarTone Mobile Communications Ltd
- 8.4. CITIC Telecom International Holdings Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Hong Kong telecommunication services market value: $ billion, 2018-23
- Table 2: Hong Kong telecommunication services market volume: million Subscriptions, 2018-23
- Table 3: Hong Kong telecommunication services market category segmentation: % share, by value, 2018-2023
- Table 4: Hong Kong telecommunication services market category segmentation: $ billion, 2018-2023
- Table 5: Hong Kong telecommunication services market geography segmentation: $ billion, 2023
- Table 6: Hong Kong telecommunication services market value forecast: $ billion, 2023-28
- Table 7: Hong Kong telecommunication services market volume forecast: million Subscriptions, 2023-28
- Table 8: China Mobile Limited: key facts
- Table 9: China Mobile Limited: Annual Financial Ratios
- Table 10: China Mobile Limited: Key Employees
- Table 11: PCCW Limited: key facts
- Table 12: PCCW Limited: Annual Financial Ratios
- Table 13: PCCW Limited: Key Employees
- Table 14: SmarTone Mobile Communications Ltd: key facts
- Table 15: SmarTone Mobile Communications Ltd: Key Employees
- Table 16: CITIC Telecom International Holdings Ltd: key facts
- Table 17: CITIC Telecom International Holdings Ltd: Annual Financial Ratios
- Table 18: CITIC Telecom International Holdings Ltd: Key Employees
- Table 19: Hong Kong size of population (million), 2019-23
- Table 20: Hong Kong real gdp (constant 2010 prices, $ billion), 2019-23
- Table 21: Hong Kong gdp (current prices, $ billion), 2019-23
- Table 22: Hong Kong inflation, 2019-23
- Table 23: Hong Kong consumer price index (absolute), 2019-23
- Table 24: Hong Kong exchange rate, 2018-23
- List of Figures
- Figure 1: Hong Kong telecommunication services market value: $ billion, 2018-23
- Figure 2: Hong Kong telecommunication services market volume: million Subscriptions, 2018-23
- Figure 3: Hong Kong telecommunication services market category segmentation: $ billion, 2018-2023
- Figure 4: Hong Kong telecommunication services market geography segmentation: % share, by value, 2023
- Figure 5: Hong Kong telecommunication services market value forecast: $ billion, 2023-28
- Figure 6: Hong Kong telecommunication services market volume forecast: million Subscriptions, 2023-28
- Figure 7: Forces driving competition in the telecommunication services market in Hong Kong, 2023
- Figure 8: Drivers of buyer power in the telecommunication services market in Hong Kong, 2023
- Figure 9: Drivers of supplier power in the telecommunication services market in Hong Kong, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the telecommunication services market in Hong Kong, 2023
- Figure 11: Factors influencing the threat of substitutes in the telecommunication services market in Hong Kong, 2023
- Figure 12: Drivers of degree of rivalry in the telecommunication services market in Hong Kong, 2023
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