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Hong Kong Data Center Market Poised for 6.04% CAGR Growth, Attracting New Players Like ESR and TPG Angelo Gordon by 2030

The "Hong Kong Data Center Market - Investment Analysis & Growth Opportunities 2025-2030" report, recently added to ResearchAndMarkets.com’s portfolio, provides a comprehensive overview of the region's data center sector. As of 2024, the market is valued at USD 3.20 billion and is expected to grow to USD 4.55 billion by 2030, with a Compound Annual Growth Rate (CAGR) of 6.04%. This forecast is underpinned by Hong Kong's strategic position, advanced digital transformation initiatives, and robust infrastructure, all of which attract significant investment in AI and cloud services. Strategic Location and Digital Transformation Hong Kong's appeal as a data center hub is largely due to its location at the heart of the Asia-Pacific (APAC) region, facilitating connections to major economies. The government's push for digital transformation and its focus on AI and cloud services have further boosted demand for data center infrastructure. Leading areas like Tseung Kwan O, known as the primary data center hub, are seeing a surge in data center development. Other notable locations include Kwai Chung, Fanling, and Fo Tan, which are also gaining traction. Stable Power Supply The reliability of Hong Kong’s power supply is a key factor in its data center attractiveness. Two major power utilities, CLP Power and Hong Kong Electric Company, ensure a steady and dependable electricity supply, crucial for hyperscale and colocation data centers. This stable infrastructure supports the rapid growth of digital services and technologies, making Hong Kong an ideal location for data center operations. Market Landscape and Growth Opportunities The Hong Kong data center market offers numerous growth opportunities but faces challenges such as land constraints and the need for optimized energy usage. To sustain growth, stakeholders must address these issues and stay ahead of technological advancements. The market is characterized by a blend of local and international firms, with local investments driven by regional operators like SUNeVision Holdings, AirTrunk, NTT DATA, BDx Data Centers, and Digital Realty. Prominent global cloud providers, including Microsoft, Amazon Web Services (AWS), Google, Alibaba, Huawei, and Tencent Cloud, are also present, underscoring Hong Kong's importance as a regional cloud hub. New Entrants and Major Players Several new players have entered the market, including ESR, TPG Angelo Gordon, and Mapletree. These entrants are poised to inject fresh capital and innovative solutions, enhancing the market's competitive landscape. SUNeVision Holdings stands out with an operational data center core & shell power capacity of 150 MW, the highest among current operators. The report highlights 54 unique data center properties, providing insights into both existing and upcoming projects, their IT load capacity, and white floor area space. Detailed Market Analysis The report delves into various segments of the data center market, including IT, electrical, mechanical, and general construction services. It assesses microeconomic and macroeconomic factors influencing the market, such as political stability, economic growth, and regulatory frameworks. Key enablers and trends driving market growth are identified, alongside potential restraints and future prospects. Investment Breakdown Investment opportunities are analyzed by different metrics, including area (square feet) and power capacity (MW). The report also examines the colocation services market, comparing retail and wholesale colocation services and pricing structures. Detailed data on market dynamics, tier standards investment, and the participation of various stakeholders—IT infrastructure providers, construction contractors, support infrastructure providers, and data center investors—are provided. Vendor Landscape The vendor landscape includes a mix of regional and international firms. Leading IT infrastructure providers offer robust products and services, while construction contractors and sub-contractors ensure high-quality data center builds. Support infrastructure providers and data center investors are crucial in maintaining and scaling operations, contributing to the market's overall strength and resilience. Industry Insights Industry insiders view Hong Kong's strategic location and advanced infrastructure as significant drivers of the data center market's growth. However, they emphasize the need to address land constraints and optimize energy usage to fully capitalize on these opportunities. ESR, TPG Angelo Gordon, and Mapletree are seen as pivotal in bringing new investments and technologies to the market, potentially setting new benchmarks for efficiency and innovation. Global cloud providers' presence further validates Hong Kong's status as a regional leader in data center services, making it an attractive destination for both established and new players. ResearchAndMarkets.com is the world's leading source for international market research reports and market data, offering the latest insights into key industries and company profiles.

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Hong Kong Data Center Market Poised for 6.04% CAGR Growth, Attracting New Players Like ESR and TPG Angelo Gordon by 2030 | Trending Stories | HyperAI