DUBLIN, June 3, 2021 /PRNewswire/ — The “Hong Kong Knowledge Heart Market – Funding Evaluation and Development Alternatives 2021-2026” report has been added to ResearchAndMarkets.com’s providing.
The Hong Kong Knowledge Heart Market Will Witness Investments of USD 4 Billion by 2026, Rising at a CAGR of ~2% Throughout 2021-2026
Hong Kong is likely one of the most superior information middle markets within the APAC market. It consists of a number of distinctive third-party information middle service suppliers working information middle services.
As well as, the nation consists of a number of on-premises/devoted information facilities owned by native enterprises. It’s witnessing investments in about 6 services, that are anticipated to be operational within the subsequent 2-3 years.
COVID-19 has been a robust enabler for additional digitization within the nation. A secure financial system, high-capacity fiber connectivity with the remainder of the world, and the rising native demand for digitalization of enterprise and client environments are driving the expansion of the Hong Kong information middle market.
Key Highlights of the Report
- In accordance with Cushman and Wakefield, Hong Kong accounted for 54% of the APAC information middle funding within the first half of 2020.
- The adoption of superior expertise corresponding to synthetic intelligence and massive information analytics is more likely to enhance the demand for high-performance all-flash storage arrays.
- Most information facilities are shifting to high-capacity switches corresponding to 100GbE, 200GbE, and 400GbE switches with a excessive variety of ports on the core layer.
- Diesel mills witness excessive adoption amongst information middle operators in Hong Kong, with just a few choosing Diesel Rotary Uninterruptible Energy Provide (DRUPS) programs.
- Service operators undertake each water and air-based cooling methods for cooling functions.
- The Hong Kong Authorities has applied the Constructing Power Effectivity Ordinance (BEEO) and the Recent Water-Cooling Towers Scheme (FWCT Scheme) to enhance power effectivity amongst information facilities.
- The implementation of 42U, 45U, 47U, and 48U rack items is more likely to enhance throughout the forecast interval.
- The necessity for particular experience for set up and commissioning companies is rising with elevated investments boosting job alternatives.
- A number of information middle suppliers undertake brownfield development as a result of land scarcity in Hong Kong.
Hong Kong Knowledge Heart Market Insights
- In 2020, 5G was launched in Hong Kong by China Cellular Hong Kong, Hutchinson, and HKT. The 5G deployment has diminished latency, improved pace, and supported IoT gadgets.
- Hybrid cloud companies are gaining excessive traction in Hong Kong; therefore, enterprises use personal and public cloud environments to effectively enhance data sharing and handle information.
- The nation has main cloud service suppliers corresponding to Amazon Net Providers, Microsoft, Google, Alibaba, and Tencent.
- The Hong Kong authorities has deployed IoT sensors to gather real-time information on air pollution, power, and water ranges in a number of cities.
- In 2020, Microsoft introduced the opening of Microsoft 5G IoT Makerspace powered by HKT at Hong Kong Cyberport, enabling the nation’s startups to discover IoT options with HKT’s 5G community.
- Insurance coverage corporations within the nation use synthetic intelligence (AI) and massive information expertise to enhance effectivity and effectiveness.
- In 2020, the Hong Kong authorities dedicated over USD 12.5 billion for digital innovation and expertise.
Hong Kong Knowledge Heart Market Vendor Panorama
The Hong Kong information middle market includes a number of IT infrastructure suppliers, development contractors, assist infrastructure suppliers, and traders. Distributors have concerned a flurry of infrastructure and development actions.
Arista Networks, Broadcom, Cisco Methods, Dell Applied sciences, Hewlett, and Packard Enterprise (HPE) are among the main IT infrastructure suppliers. Because of the outbreak of the COVID-19 pandemic, the info era considerably elevated, thereby driving the funding within the services. Distributors are providing revolutionary options to enhance effectivity. The market is more likely to witness new gamers who present DCIM options, set up & commissioning companies, and bodily safety companies.
IT Infrastructure Suppliers
- Cisco Methods
- Dell Applied sciences
- Hewlett Packard Enterprise (HPE)
Building Service Suppliers
- Aurecon Group
- BYME Engineering (HK)
- Chung Hing Engineers
- DSCO Group
- Gammon Building
- Studio One Design
Help Infrastructure Suppliers
- Rolls-Royce Energy Methods
- Mitsubishi Electrical
- Schneider Electrical
Knowledge Heart Traders
- AirTrunk Working
- CITIC Telcom Worldwide Holdings
- Digital Realty
- GDS Holdings
- World Swap
- SUNeVision (iAdvantage)
Present vs. Upcoming Knowledge Facilities
- Present Amenities (Space and Energy Capability)
- Tsuen Wan
- Kwai Chung
- Tseung Kwan O
- Fo Tan
- Chai Wan
- Tai Po
- Different places (Kwun Tong, Wan Chai, Sheung Wan, San Po Kong, Kowloon, Wong Chuk Hold, Ap Lei Chau, Fanling)
- Listing of Upcoming Amenities (Space and Energy Capability)
Hong Kong Knowledge Heart Funding Protection
- IT Infrastructure
- Electrical Infrastructure
- Mechanical Infrastructure
- Basic Building
- Uninterruptible Energy Provide (UPS)
- Switch Switches and Switchgears
- Different Electrical Infrastructure
- Cooling Methods
- Rack Cupboards
- Different Mechanical Infrastructure
- CRAC & CRAH Models
- Cooling Towers & Dry Coolers
- Economizers & Evaporative Coolers
- Different Cooling Models
- Constructing Improvement
- Set up & Commissioning Providers
- Constructing & Engineering Design
- Bodily Safety
- Tier I & Tier II
- Tier III
- Tier IV
- Datacenter Actual Property Funding Trusts (REIT)
- Datacenter Building Contractors
- Datacenter Infrastructure Suppliers
- New Entrants
- Consultants/Consultancies/Advisory Companies
- Company and Governments Businesses
Snapshot of current and upcoming third-party services in Hong Kong
- Amenities Coated (Present): 50
- Amenities Recognized (Upcoming): 6
- Protection: Over 7 Areas
- Present vs. Upcoming (Knowledge Heart Space)
- Present vs. Upcoming (IT Load Capability)
Knowledge middle colocation market in Hong Kong
- Retail Colocation Pricing
- Wholesale Colocation Pricing
For extra details about this report go to https://www.researchandmarkets.com/r/lk9xp8
Analysis and Markets
Laura Wooden, Senior Supervisor
For E.S.T Workplace Hours Name +1-917-300-0470
For U.S./CAN Toll Free Name +1-800-526-8630
For GMT Workplace Hours Name +353-1-416-8900
U.S. Fax: 646-607-1904
Fax (exterior U.S.): +353-1-481-1716
SOURCE Analysis and Markets