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Hong Kong Information Technology Report Q2 2016

Hong Kong Information Technology Report Q2 2016

BMI View: We have a positive and stable outlook for Hong Kong's IT market. Medium-term growth will be driven by factors such as high incomes, growing discretionary spending and improving economic fundamentals. After a sharp decline in hardware spending dragged the IT market down in 2015, we forecast a much more stable outlook over the medium term, with a compound annual growth rate (CAGR) of 5.3% forecast over 2016-2020, to reach a total of HKD48.31bn. The volatility in the hardware market was the result of the boom and subsequent slowdown in the tablet market, as well as concentrated desktop and notebook replacement demand in 2014, but 2016-2020 dynamics will be more stable and based on income growth and replacement spending. Meanwhile, the lucrative enterprise software and services markets will continue to outperform retail spending and Hong Kong's position as a regional datacentre and cloud services hub will sustain growth rates above those observed in most developed markets globally over 2016-2020. There is, however, some downside risk, primarily from the economic and political ties with China, which introduce some uncertainty due to the potential for a hard landing in that country.


BMI Industry View
SWOT
IT SWOT
Industry Forecast
Recent Developments
Structural Trends
Table: IT Industry - Historical Data And Forecasts (Hong Kong 2013-2020)
Internet Technology Risk/Reward Index
Industry Risk/Reward Index
Table: IT RRI Score Breakdown By Region
Table: Asia Pacific IT Risk/Reward Index - Q2 2016
Market Overview
Hardware
Software
Cloud Computing
Table: Cloud Computing Vendor Development, 2014-2015
Services
Industry Trends And Developments
Regulatory Development
Table: Government Authorities
Competitive Landscape
International Companies
Table: Apple
Table: Lenovo
Table: NTT Communications
Table: Samsung Electronics
Local Companies
Table: Outblaze
Regional Overview
Demographic Forecast
Table: Population Headline Indicators (Hong Kong 1990-2025)
Table: Key Population Ratios (Hong Kong 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Hong Kong 1990-2025)
Table: Population By Age Group (Hong Kong 1990-2025)
Table: Population By Age Group % (Hong Kong 1990-2025)
Methodology
Industry Forecast Methodology
Sources
Risk/Reward Index Methodology
Table: IT Risk/Reward Index Indicators
Table: Weighting Of Components

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