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Hong Kong Data Center Market to Witness Investment of $4.15 Billion in 2028; Over 50% of Future Demand Will Come from Cloud Service Providers - AriztonCHICAGO, April 6, 2023 /PRNewswire/ -- According to Arizton's latest research report, the Hong Kong data center market will grow at a CAGR of 1.97% from 2022-2028. To Know More, Download the Free Sample Report: https://www.arizton.com/request-sample/3769 BROWSE IN-DEPTH TOC ON THE "HONG KONG DATA CENTER MARKET" 11- Tables Hong Kong is witnessing a boom in the data center market and is among the top locations in APAC, with several new investments from local and global data center operators. Datacenter investments in Hong Kong over the next 2-3 years expect to be aggressive and high due to the entry of several operators. However, we expect more global operators, such as STACK Infrastructure, to enter the market in the upcoming years. Despite the high land price and acute shortage of industrial land in Hong Kong, the market is witnessing several investments from local and global data center operators. The country will likely add cumulative white floor space of over 2.35 million sq ft between 2023 and 2028. HONG KONG DATA CENTER MARKET REPORT SCOPE
Looking for More Information? Download the Free Sample Report: https://www.arizton.com/request-sample/3769 KEY HIGHLIGHTS
OVER 50% OF FUTURE DEMAND WILL COME FROM CLOUD SERVICE PROVIDERS The Hong Kong data center market has on-premise data centers operated by financial services, educational institutions, and governments such as HSBC Bank and others. Over the next three to five years, we will see a significant decline in on-premise owing to the increase in digitalizing initiatives across sectors. The demand for colocation and cloud will see strong growth. In addition, most existing service providers offer managed solutions to enterprise customers, likely to grow in the market during 2023-2028. The market has all the global cloud operators such as AWS, Google, Microsoft, Alibaba Cloud, Huawei Cloud, and Tencent Cloud. This will grow the demand for wholesale colocation services. Through continuous expansion by these service providers, the cloud segments will likely dominate the capacity take-up over the next 5 years. In addition, we believe the market will witness the entry of multiple global organizations to service customers through a local presence. CUSTOMIZE YOUR REPORT NOW:?? If our report does not include the information you are searching for, you may contact us to have a report tailored to your specific business needs https://www.arizton.com/request-sample/3769 WHY SHOULD YOU BUY THIS RESEARCH?
THE REPORT INCLUDES THE INVESTMENT IN THE FOLLOWING AREAS:
MAJOR VENDORS IT Infrastructure Providers
Data Center Construction Contractors & Sub-Contractors
Support Infrastructure Providers
Data Center Investors
New Entrants
TABLE OF CONTENT Chapter 1: Existing & Upcoming Third-Party Data Centers In Hong Kong
Chapter 2: Investment Opportunities In Hong Kong
Chapter 3: Data Center Colocation Market In Hong Kong
Chapter 4: Market Dynamics
Chapter 5: Market Segmentation
Chapter 6: Tier Standard Investment
Chapter 7: Key Market Participants
Chapter 8: Appendix
· Quantitative Summary CHECK OUT SOME OF THE TOP-SELLING RESEARCH REPORTS: Thailand Data Center Market - Investment Analysis & Growth Opportunities 2023-2028: The Thailand data center market is projected to witness investments of USD 1.33 billion by 2028. The Thailand data center market will drive the adoption of cloud infrastructure, growth in inland cable and fiber connectivity, and rising recognition of big data, IoT, and digitalization in the region. Internet Data Center Market in China - Investment Analysis & Growth Opportunities 2023-2028: The Internet data center market in China to cross USD 34.03 billion by 2028. Global cloud operators such as Microsoft and AWS are setting up their presence in the Internet data center market in China through colocating in local data centers led by the foreign direct investment policy of the country, under which foreign investors must partner with local firms to enter the market. Taiwan Data Center Market - Investment Analysis & Growth Opportunities 2022-2027: Taiwan data center market is expected to reach USD 3.83 billion by 2027. Taiwan is one of the major connectivity hubs in the APAC region. Factors such as 5G deployments, rise in cloud-based services, adoption of AI/ML workloads, growing procurement of big data and IoT solutions, and renewable energy procurement are driving the Taiwan data center market. Singapore Data Center Market - Investment Analysis & Growth Opportunities 2022-2027: Singapore data center market is expected to reach USD 5.7 million by 2027. The Singapore data center market currently includes about 23 unique third-party data center service providers operating more than 40 facilities. The country also has several on-premises or dedicated data centers owned by local enterprises. ABOUT?US:???????? Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.??????? We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.??????? Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.??????? CONTACT US?????????????? Call: +1-312-235-2040????????????? Photo: https://mma.prnewswire.com/media/2049090/Hong_Kong_Data_Center_Market.jpg
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