Structure Research 2024-2025 Hong Kong Data Centre Market Trends
Hong Kong: Asia’s Connectivity Hub
The technological landscape is rapidly evolving, with advancements in artificial intelligence, big data, and cloud computing, driving up the demand for data processing and storage. In light of these digital imperatives, the Hong Kong data centre market is currently witnessing a substantial phase of expansion, fuelled by the widespread adoption of AI-driven solutions across diverse sectors. Businesses need to swiftly adapt and integrate these advanced technologies into their operations to stay competitive in today’s ever-changing market.
The Hong Kong data centre market continues to experience steady growth and demand coming from the hyperscale and enterprise verticals. This market is projected to reach US$3.5 billion by 2029. The projected five-year CAGR for 2024-2029 is 10%.
Hong Kong is one of the most interconnected markets because it serves as a submarine cable aggregation hub for internet traffic traversing the APAC region. With unparalleled connectivity ecosystem and robust infrastructure, Hong Kong is poised to be an AI hub in the region. The city’s advanced network infrastructure and state-of-the-art facilities provide a solid foundation for supporting AI inference workloads that typically require high-bandwidth connectivity and stringent latency requirements.
Access the groundbreaking Hong Kong-centric data centre market report to gain actionable insights and enhance strategic planning for your enterprise to stay ahead in the digital landscape.
- Latest data centre market outlook and trends
- Key drivers contributing to the market’s exponential growth and the underlying opportunities ahead
- What makes Hong Kong one of the most strategic connectivity and AI hubs in the region?
- The impact of artificial intelligence on the Hong Kong market
- Discover how enterprises can become AI-ready and capture the digital growth. Explore essential IT strategies for success in the AI-driven technological landscape
- How is SUNeVision positioned to capitalise on the market surge and support businesses to thrive in the dynamic digital terrain?
Report Highlights
Global Data Centre Colocation Market Size by Region
Asia Pacific data centre colocation market now accounts for 38% of global capacity, surpassing the North America market in 2024 to become the largest region in the world.
Source: Structure Research 2024 Global Data Centre Colocation & Interconnection Market Share Report
Impact of Artificial Intelligence on the Hong Kong Market
Rapid development of Generative AI and substantial uptake in data centre capacity drive prime demand for colocation, prompting operators to rethink how they approach data centre design, ramping timelines, capacity planning, operations and supply chains.
Hyperscale Vertical to Drive Data Centre Demand in Hong Kong
Hong Kong: One of Asia’s Most Strategic Connectivity Hubs
Hong Kong is an aggregation hub for internet traffic in the APAC region and its concentration of connected submarine cables landing here still makes it a preferred location to both hyperscale and enterprise companies.
As an intersection point for international submarine and domestic terrestrial cable systems, Hong Kong serves as a gateway for data traffic between China and global ports. Explore how this strategic location, with an aggregation point for 13 international submarine cables, facilitates seamless connectivity and market access for businesses.
MEGA-i Data Centre: Asia’s #1 Connectivity Hub
With Hong Kong being one of the most strategic connectivity hubs in the APAC region, where does this connectivity ecosystem reside within the Hong Kong market itself?
There are only two data centres in Hong Kong that Structure Research classifies as carrier hotels - and SUNeVision’s MEGA-i data centre is the #1 ranked most interconnected data centre in the world. MEGA-i has become the most connected hub with industry-leading connectivity ecosystem of 300+ networks, cloud, subsea cables.
New Hyperscale Data Centre: MEGA IDC
MEGA IDC, SUNeVision’s latest state-of-the-art data centre in Tseung Kwan O, launched its Phase One (approximately 500,000 square feet GFA and 50MW IT load) in 2024. Being the largest hyperscale data centre in Hong Kong with 1.2 million square feet GFA and 180+MW IT load upon completion of three phases. MEGA IDC is built to house the most demanding servers and is well positioned to capture the wave of AI demand.
Discover how to deploy infrastructure in the cutting-edge facilities MEGA-i and MEGA IDC to best leverage the AI edge and connectivity ecosystem.
