The Hong Kong Data Center Storage Market report segments the industry into Storage Technology (Network Attached Storage (NAS), Storage Area Network (SAN), Direct Attached Storage (DAS), Other Technologies), Storage Type (Traditional Storage, All-Flash Storage, Hybrid Storage), and End-User (IT & Telecommunication, BFSI, Government, Media & Entertainment, Other End-Users).

The size of the Hong Kong Data Center Storage market was valued at USD XXX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 9.09% during the forecast period.The Hong Kong Data Center Storage Market is the most significant aspect of the greater data center market. Data center storage is used to describe all hardware and software systems used in storing and managing large volumes of data. These include, but are not limited to, technologies such as HDDs, SSDs, tape storage, and object storage. Hong Kong's data centers are a critical component of storing and processing data for businesses, governments, and individuals in the region. Increasing adoption of cloud computing and need for business compliance with data regulations further stimulate this market. Growing demand for data analytics and artificial intelligence also add to the growth factors. Key drivers for this market are: Expansion of IT Infrastructure to Increase Market Growth, Increased Investments in Hyperscale Data Centers To Increase Market Growth. Potential restraints include: High Initial Investment Cost To Hinder Market Growth. Notable trends are: IT & Telecommunication Segment to Hold Major Share in the Market.

In January 2023, the Data Storage Device price amounted to $92.3 per unit (CIF, Hong Kong), picking up by 41% against the previous month.

The Hong Kong data storage device market shrank notably to $149M in 2024, with a decrease of -89.2% against the previous year. In general, consumption saw a abrupt slump. Data storage device consumption peaked at $2.5B in 2013; however, from 2014 to 2024, consumption stood at a somewhat lower figure.

Hong Kong Energy Statistics - Table 915-91105 : Storage capacity and tank stock of oil products

Hong Kong Private Storage: Completions during the Year data was reported at 82,800.000 sq m in 2017. This records an increase from the previous number of 73,200.000 sq m for 2016. Hong Kong Private Storage: Completions during the Year data is updated yearly, averaging 6,300.000 sq m from Dec 1999 (Median) to 2017, with 19 observations. The data reached an all-time high of 146,800.000 sq m in 1999 and a record low of 0.000 sq m in 2015. Hong Kong Private Storage: Completions during the Year data remains active status in CEIC and is reported by Rating and Valuation Department. The data is categorized under Global Database’s Hong Kong – Table HK.EB091: Industrial: Storage: Private: Stock, Vacancy and Completion.

Comprehensive dataset containing 10 verified Records storage facility businesses in Hong Kong with complete contact information, ratings, reviews, and location data.

Comprehensive dataset containing 123 verified Moving and storage service businesses in Hong Kong with complete contact information, ratings, reviews, and location data.

The Hong Kong self-storage market, while lacking precise figures in the provided data, exhibits robust growth potential mirroring global trends. Considering a global CAGR of 8% and the high population density, limited living space, and thriving e-commerce sector in Hong Kong, we can infer significant market expansion. The industry is driven by increasing urbanization, a growing number of small businesses needing storage solutions, and the popularity of online retail, leading to a surge in demand for personal and business storage. Key players like Storefriendly Self Storage Group, SC Storage, and Apple Storage (Tai Yau Storage Group Limited) are likely vying for market share, offering various storage unit sizes and services to cater to diverse needs. However, land scarcity and high real estate costs in Hong Kong represent significant restraints, limiting the expansion of storage facilities and potentially driving up prices. Market segmentation reveals a likely split between personal and business users, with the latter segment potentially experiencing faster growth due to the increasing number of startups and SMEs in the region. Future growth will hinge on innovative solutions to optimize space utilization, technological advancements in facility management (e.g., smart access systems), and the ability to navigate the challenges posed by Hong Kong's unique real estate landscape. The Hong Kong self-storage market is poised for continued growth, fueled by factors such as population density, increasing urbanization, and the flourishing e-commerce sector. While precise market sizing data for Hong Kong is unavailable, a reasonable estimation can be made based on comparable markets and regional growth trends. Competitive pressures among existing players will likely lead to further innovation in storage solutions and service offerings. The industry's success will depend on effectively managing challenges associated with limited land availability and high real estate costs. Future analysis should focus on obtaining precise market size data for Hong Kong to create a more precise growth projection, alongside a detailed competitive analysis of the major players and their market strategies. Recent developments include: April 2023 - Storefriendly, the Asia self-storage operator backed by investment giant Blackstone, recently introduced its two latest locations at redeveloped properties on Hong Kong Island and in the New Territories., December 2023 - A joint venture between US private equity giant Blackstone and Hong Kong-based self-storage operator StoreFriendly has acquired an industrial building in Hong Kong’s New Territories for HKD560 million (USD 72 million), with plans to convert the Tsuen Wan property into a self-storage facility.. Key drivers for this market are: Growing Population Density is the Key Driver of the Market. Potential restraints include: Growing Population Density is the Key Driver of the Market. Notable trends are: Personal Segment is Expected to Drive the Market.

In February 2025, the average data storage device import price amounted to $105 per unit, jumping by 17% against the previous month.

Provide Statistics on Storage Position of Impounding Reservoirs

Hong Kong Private Storage: Stock: Year End data was reported at 3,810,700.000 sq m in 2017. This records an increase from the previous number of 3,732,700.000 sq m for 2016. Hong Kong Private Storage: Stock: Year End data is updated yearly, averaging 3,428,900.000 sq m from Dec 2002 (Median) to 2017, with 16 observations. The data reached an all-time high of 3,810,700.000 sq m in 2017 and a record low of 3,381,200.000 sq m in 2003. Hong Kong Private Storage: Stock: Year End data remains active status in CEIC and is reported by Rating and Valuation Department. The data is categorized under Global Database’s Hong Kong – Table HK.EB091: Industrial: Storage: Private: Stock, Vacancy and Completion.

This layer shows the Address of Targeted Mini-storage Premises, Region, Building name, District and Inspection Date in Hong Kong. It is a set of the data made available by the Fire Services Department under the Government of Hong Kong Special Administrative Region (the "Government") at https://portal.csdi.gov.hk ("CSDI Portal"). The source data has been processed and converted into Esri File Geodatabase format and then uploaded to Esri’s ArcGIS Online platform for sharing and reference purpose. The objectives are to facilitate our Hong Kong ArcGIS Online users to use the data in a spatial ready format and save their data conversion effort.For details about the data, source format and terms of conditions of usage, please refer to the website of Hong Kong CSDI Portal at https://portal.csdi.gov.hk.

The Hong Kong data center power market is projected to reach a market size of $311.70 million by 2033, expanding at a CAGR of 7.20% during the forecast period (2025-2033). The growing demand for data storage and processing services, coupled with the increasing adoption of cloud and edge computing, is driving the market growth. Additionally, government initiatives to promote the development of the data center industry are further supporting the market's expansion. The market is segmented by segments- Power Infrastructure and Service. The key companies operating in this market include ABB Ltd, Rolls-Royce PLC, Legrand Group, Schneider Electric SE, and Fujitsu Limited, among others. The market is expected to witness significant growth in the coming years due to the increasing demand for data center power infrastructure and services. The rising adoption of cloud and edge computing, along with the growing number of data centers, is expected to drive the market growth. Additionally, government initiatives to promote the development of the data center industry are expected to further support the market's expansion. Recent developments include: January 2024: Caterpillar Inc. partnered with Microsoft and Ballard Power Systems to test the use of large-format hydrogen fuel cells as a reliable and eco-friendly backup power source for multi-megawatt data centers. Hydrogen fuel cells are seen as a possible low-carbon alternative to diesel backup generators, which is expected to drive the growth of DC generators., March 2024: Schneider Electric announced the expansion of its US manufacturing facilities at two locations to support critical infrastructure of data centers and other industries. At both locations, the company planned to manufacture electrical switchgear and medium-voltage power distribution products.. Key drivers for this market are: Rising Adoption of Mega Data Centers and Cloud Computing, Increasing Demand to Reduce Operational Costs. Potential restraints include: High Cost of Installation and Maintenance. Notable trends are: IT & Telecommunication Segment to Hold Major Share in the Market.

Record of Target Mini-Storage Premises (MSP) without common fire hazards

Hong Kong Private Storage: Vacancy data was reported at 259,900.000 sq m in 2017. This records an increase from the previous number of 161,700.000 sq m for 2016. Hong Kong Private Storage: Vacancy data is updated yearly, averaging 160,400.000 sq m from Dec 1999 (Median) to 2017, with 19 observations. The data reached an all-time high of 286,700.000 sq m in 1999 and a record low of 94,900.000 sq m in 2008. Hong Kong Private Storage: Vacancy data remains active status in CEIC and is reported by Rating and Valuation Department. The data is categorized under Global Database’s Hong Kong – Table HK.EB091: Industrial: Storage: Private: Stock, Vacancy and Completion.

The Fire Services Department (FSD), Buildings Department (BD), Lands Department and related departments have been striving to collaborate and take enforcement actions under current legislation against the irregularities identified in Target mini-storage premises (MSP) in the territory, requiring MSP operators and owners to abate potential safety hazards as quickly as possible. At present, when FSD identifies new MSPs coming into operation, joint enforcement action with BD and other related departments will be arranged according to the established mechanism. If irregularities on the fire safety construction (e.g. provision of means of escape, fire-resisting construction, means of access for firefighting and rescue) are identified in target MSPs, BD will issue statutory orders under the Buildings Ordinance (Cap. 123) to owners of target MSPs requiring them to carry out rectification works. BD will also register these orders at the Land Registry, imposing an encumbrance on the register. Members of the public may learn about such irregularities through searching the registers. To enhance transparency of enforcement actions, BD has also compiled a "List of Target MSP without Obvious Irregularities".

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Provide Statistics on Individual Impounding Reservoirs

An oil storage installation is defined in section 2(1) of the Buildings Ordinance as any tank having a capacity of not less than 110,000 litres or a group of tanks (within the same cluster or bunded area) any one of which has a capacity of not less than 110,000 litres, constructed above ground level for the purpose of storing petroleum products. All existing oil storage installations and their associated works should have been licensed under the Building (Oil Storage Installations) Regulations. Any new installation and its associated works will require a licence. List of Oil Storage Installations with licences issued by the BD will be shown on BD website for reference by the public.