Hong Kong's main stock market index, the HK50, fell to 25524 points on July 29, 2025, losing 0.15% from the previous session. Over the past month, the index has climbed 6.03% and is up 50.12% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Hong Kong. Hong Kong Stock Market Index (HK50) - values, historical data, forecasts and news - updated on July of 2025.

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Hong Kong IT Market Size 2025-2029

The hong kong it market size is forecast to increase by USD 3.7 billion at a CAGR of 8.5% between 2024 and 2029.

The market is experiencing significant growth, driven primarily by the increasing adoption of IT solutions among Small and Medium Enterprises (SMEs). This trend is being fueled by the recognition of the need for digital transformation to remain competitive in today's business landscape. Furthermore, the adoption of big data solutions is gaining momentum, as companies look to leverage data insights to drive business growth and improve operational efficiency. However, the market faces challenges that could hinder its growth trajectory. The shortage of skilled IT professionals is a significant obstacle, as companies struggle to find talent to implement and manage their IT initiatives. This skills gap could limit the pace of digital transformation and innovation in the market. Companies seeking to capitalize on market opportunities must invest in training and development programs to address this challenge and attract and retain top talent. Additionally, they must explore partnerships and collaborations to access expertise and resources, enabling them to stay competitive and adapt to market trends.

What will be the size of the Hong Kong IT Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In Hong Kong's IT market, computer vision and deep learning technologies are gaining traction, driving innovation in various industries, from retail to healthcare. Blockchain applications are also on the rise, revolutionizing business processes and enhancing security through decentralized systems. Quantum computing is poised to disrupt traditional IT infrastructure, offering unprecedented processing power for complex data analysis. IoT security remains a top priority, as organizations grapple with securing their connected devices and data. Cloud compliance and governance are essential for businesses adopting cloud solutions, ensuring data privacy and security. Speech recognition and open-source software are transforming customer experience, enabling more efficient and personalized interactions. Cloud performance monitoring, microservices architecture, and serverless computing are key trends for optimizing IT operations and reducing costs. Cybersecurity frameworks, zero-trust security, data masking, and encryption are essential for safeguarding digital assets. Data science and engineering are driving innovation in 5G applications, data tokenization, and edge analytics. Cloud cost management, cloud capacity planning, and cloud disaster recovery are crucial for businesses to effectively manage their IT infrastructure and mitigate risks. VR/AR development is set to revolutionize industries, from education to manufacturing, offering immersive experiences and enhancing productivity. Software engineering best practices and deep learning algorithms are essential for developing cloud-native applications and maintaining high performance.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. TypeServicesHardwareSoftwareEnd-userBFSITelecommunicationIndustrialOthersGeographyAPACHong Kong

By Type Insights

The services segment is estimated to witness significant growth during the forecast period.

The market is experiencing substantial growth, particularly in the services segment. This segment encompasses consulting services, learning and training, development and integration, hardware maintenance and support, IT management, process management, and software support. Application services, IT infrastructure services, cloud services, implementation, consulting, support, and maintenance services are driving the growth of this segment. Enterprises in Hong Kong are increasing their spending on IT services due to the heightened demand for IT professional services. Key areas of focus within the services segment include cloud services, data analytics, and digital transformation. Cloud services, such as cloud reliability, cloud security, hybrid cloud, and cloud backup, are becoming increasingly essential for businesses in Hong Kong. Data analytics, including data mining, machine learning, predictive analytics, and data visualization, are also significant growth areas. Digital transformation initiatives, which involve business intelligence, risk management, business process automation, and IT governance, are driving the adoption of these services. Moreover, the market is witnessing significant investments in emerging technologies like artificial intelligence (AI),

The Hong Kong Data Center Market report segments the industry into Hotspot (Chai Wan, Shatin, Tseun Wan, Tseung Kwan O, Rest of Hong Kong), Data Center Size (Large, Massive, Medium, Mega, Small), Tier Type (Tier 1 and 2, Tier 3, Tier 4), Absorption (Non-Utilized, Utilized). Get five years of historical data alongside five-year market forecasts.

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 Rack market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 13.20% during the forecast period.The Hong Kong Data Center Rack market is an important part of the larger data center industry. A data center rack is a pre-engineered enclosure for the housing and organizational use of IT equipment, such as servers, networking devices, and storage systems. These racks help standardize and efficiently manage and maintain critical IT infrastructure in a structured manner.The growth in Hong Kong of the data center rack market is contributed by increased cloud computing demand, rapid adoption of digital technologies, and the efforts made by the government to create favorable conditions to advance the growth of the digital economy. With positive drivers like such, the industry will continue healthily growing further. Recent developments include: June 2023: APAC data center firm AirTrunk planned to develop a second data center facility in East New Territory, Hong Kong, with an IT load capacity of 15MW and expected to go live in mid-2024., February 2023: Pan-Asian data center firm Big Data ExchangeX (BDx) announced that it plans to build a new 16 MW facility in an upcoming high-technology industrial area developed by Hong Kong property developer Sino Group.. Key drivers for this market are: The Advent of 5G Network Expansion and Increasing usage of IoT devices, Fiber Connectivity Network Expansion in the Country. Potential restraints include: Increasing Cybersecurity Threats and Ransomware Attacks, Low Availability of Resources. Notable trends are: IT & Telecom segment is expected to hold the highest market share..

The Hong Kong data center market, while geographically constrained, exhibits robust growth driven by the city's strategic position as a key Asian financial and technological hub. The market's high concentration in specific hotspots like Chai Wan, Shatin, Tseun Wan, and Tseung Kwan O reflects a demand for proximity to major telecommunications infrastructure and business centers. The prevalence of large and mega data centers suggests a focus on servicing large enterprises and hyperscale cloud providers, indicating a mature market with significant investments in advanced infrastructure. While the exact market size for 2025 is not provided, considering a conservative CAGR (assuming a range of 8-12% based on global trends and Hong Kong's economic strength) and a starting point within a reasonable range (e.g., $1 billion in 2019), we can estimate the 2025 market size to be between $1.7 billion and $2.2 billion USD. This growth is propelled by factors including the increasing adoption of cloud computing, the rise of big data analytics, and the growing need for robust digital infrastructure to support Hong Kong's thriving financial and technology sectors. However, restraints such as high land costs, stringent regulations, and limited power capacity could potentially curb future expansion. Future growth will likely depend on effective land use planning, investment in renewable energy infrastructure, and the implementation of efficient cooling technologies. The segmentation of the Hong Kong data center market reveals further insights. The dominance of Tier 1 and 2 data centers reflects the sophistication of the market and the focus on high availability and redundancy. The strong presence of hyperscale colocation providers indicates the importance of supporting the growing needs of major cloud service providers. The end-user distribution across BFSI, cloud, e-commerce, and other sectors highlights the market's diverse clientele and its role in powering key economic drivers. Given the limited information on the exact breakdown of market share across segments, we can infer a likely concentration within the hyperscale colocation and BFSI sectors, reflecting the significant investments made by global players and the crucial role of data centers in supporting the city's financial infrastructure. Analysis of the entire region, including North America, Europe, and Asia Pacific, reveals the global context for this localized market, but the Hong Kong market’s specific dynamics, like land scarcity, will ultimately drive the unique trajectory of this regional sector. Recent developments include: November 2022: The company had announced the opening of its new regional office in Kowloon, Hong Kong. The office would help the company strengthen its expansion, and would cater business needs such as engineering, construction, and sales in the APAC region.November 2022: The company announced the launch of BDx Indonesia, following the completion of a USD 300 million joint venture agreement with PT Indosat Tbk (Indosat Ooredoo Hutchison or IOH) and PT Aplikanusa Lintasarta, Big Data Exchange (BDx).August 2022: Global Switch announced plans of selling its announced plans of selling its USD11 billion business. The companies which plan to purchase the business are EQR, PAG, KKR, Gaw Capital and Stonepeak.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The Hong Kong cybersecurity market, while lacking precise figures in the provided data, exhibits strong growth potential mirroring global trends. Considering the global CAGR of 13.43% and Hong Kong's robust financial sector and advanced technological infrastructure, a conservative estimate places the 2025 market size at approximately $500 million USD. This figure reflects Hong Kong's status as a major financial hub, necessitating strong cybersecurity measures to protect sensitive data. Key drivers include increasing digital transformation across sectors like BFSI (Banking, Financial Services, and Insurance), government, and telecommunications. The rise of cloud computing and the increasing sophistication of cyber threats are further propelling market growth. While data security and identity access management remain dominant segments, growth is anticipated in areas like infrastructure protection as organizations enhance their overall cybersecurity posture. The prevalence of on-premise deployments might gradually shift toward cloud-based solutions, reflecting global trends. However, regulatory compliance and data privacy concerns, coupled with a potential skills gap in cybersecurity professionals, could act as restraints on the market's expansion. Furthermore, the increasing interconnectedness of systems raises the stakes for robust network security solutions. Competition in the Hong Kong market is likely to remain intense, with both international and local players vying for market share. Future growth will depend on the government's continued investment in cybersecurity infrastructure and initiatives, alongside the adoption of advanced technologies like AI and machine learning for threat detection and prevention. Hong Kong's cybersecurity market is projected to continue its upward trajectory throughout the forecast period (2025-2033). The CAGR, while potentially slightly lower than the global average due to specific regional factors, is expected to remain robust, driven by rising government regulations and increased awareness of cybersecurity risks across various sectors. The BFSI sector will remain a significant contributor to market growth, given its high reliance on secure data handling. However, other sectors, such as healthcare and manufacturing, are also expected to increase their cybersecurity investments, leading to a diversified market landscape. Successful market players will be those that can adapt quickly to evolving threats, offer comprehensive solutions spanning multiple segments, and demonstrate strong expertise in regulatory compliance. The focus will likely shift towards proactive security measures, preventative technologies, and managed security services, reflecting global industry trends. This comprehensive report provides a detailed analysis of the Hong Kong cybersecurity industry, covering the period from 2019 to 2033. It offers invaluable insights into market size, growth drivers, challenges, and emerging trends, enabling businesses to make informed strategic decisions. With a focus on key segments like cloud security, data security, and identity access management, the report leverages data from the base year 2025 and projects growth until 2033. Recent developments include: April 2022- HCL Technologies (HCL), one of the leading global technology company, announced the expansion of its strategic collaboration with Microsoft to provide robust security capabilities to clients globally. HCL Technologies has earned all four advanced security specialties offered to Microsoft partners. These specializations demonstrate Microsoft partners' ability to offer specialized security services in challenging solutions using Azure., June 2022 - The Innovation Hub of the Bank for International Settlements launched new initiatives and expanded its cyber security and green finance trials. The BIS Innovation Hub has announced a fresh set of initiatives across its several centers, revising its work schedule until 2022. They comprise the first three initiatives of the forthcoming Eurosystem Centre and the first comprehensive cyber security research. In addition to the Eurosystem projects, the Innovation Hub's Hong Kong Centre will collaborate with the Bank of Israel and the Hong Kong Monetary Authority (HKMA) on new research on central bank digital currency (CBDC) and cybersecurity.. Key drivers for this market are: Increasing Demand for Digitalization and Scalable IT Infrastructure, Need to tackle risks from various trends such as third-party vendor risks, the evolution of MSSPs, and adoption of cloud-first strategy. Potential restraints include: Lack of Cybersecurity Professionals, High Reliance on Traditional Authentication Methods and Low Preparedness. Notable trends are: Increasing Demand for Digitalization, Internet and Scalable IT Infrastructure drive the Hong Kong Cybersecurity Market.

The Hong Kong Capital Market Exchange Ecosystem is anticipated to experience significant growth, with a market size of XX million and a CAGR of 8.00% during the forecast period from 2025 to 2033. Key drivers include the growing demand for capital from businesses and governments, the increasing prominence of Asian economies in global trade and investment, and government initiatives to develop the capital market in Hong Kong. Key trends shaping the market include the rise of fintech, the increasing diversification of financial products, and the growing importance of environmental, social, and governance (ESG) factors in investment decisions. Key segments of the market include the primary market, where new securities are issued, and the secondary market, where existing securities are traded. Major companies operating in the market include Tencent Holdings Ltd, Alibaba Group Holding Ltd, and China Construction Bank Corporation. The Asia Pacific region is anticipated to witness the fastest growth in the Hong Kong Capital Market Exchange Ecosystem, driven by the region's robust economic growth and growing investment demand. North America and Europe are also expected to contribute significant growth, as these regions are home to major financial centers and a large base of institutional investors. Restraints for the market include geopolitical uncertainties, market volatility, and regulatory changes. However, ongoing market reforms and government initiatives to promote the development of the capital market in Hong Kong are expected to mitigate these challenges and support the long-term growth of the ecosystem. Recent developments include: In March 2023, In Hong Kong, Credit Suisse reopened as usual following UBS's US$3.25 billion takeover. Clients can continue trading stocks and derivatives at Credit Suisse's Hong Kong branch, as well as access their deposits. With assets of HK$100 billion (US$12.74 billion), or roughly 0.5 percent of the city's total banking assets, Credit Suisse operates just one branch in Hong Kong., In March 2022, The most prominent listed insurer in Asia, AIA Group, with headquarters in Hong Kong, declared after releasing better-than-expected 2021 earnings that it will repurchase USD 10 billion worth of its shares over the following three years.. Notable trends are: Investment and Holding, Real Estate, Professional and Business Services are Major FDIs in Hong Kong.

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.

The Hong Kong Capital Market Exchange Ecosystem is Segmented by Type of Market (Primary Market, Secondary Market), Financial Product (Debt, Equity), and Investors (Retail Investors, Institutional Investors). The Report Offers Market Size and Forecasts for the Hong Kong Capital Market Exchange Ecosystem in Value (USD) for all the Above Segments.

As per newly released data, the Hong Kong Outbound tourism market is estimated at USD 863.2 million in 2025 and is projected to reach USD 2,017.4 million by 2035, at a CAGR of 8.9% from 2025 to 2035. The Hong Kong Outbound tourism market is a dynamic market shaped by the changing business trends, the government, and the successful strategies of the operators. Hong Kong, being home to the rich and the affluent, is a burgeoning outbound travel market with its cosmopolitan culture and good international transportation links.

Spending by visitors to Hong Kong Tourism Market is projected to reach USD 7.1 billion in 2025, powered by much-revived cross-border travel, the reinstatement of international events and an expansion of cultural and eco-tourism segments. The dollar-volume industry estimated to reflect a USD 15.9 billion by 2035, with a lovely CAGR of 8.3%.

Domestic vs. International Traveler Composition 2025 to 2035

Hong Kong HK: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at -0.441 % in 2016. This records an increase from the previous number of -1.534 % for 2015. Hong Kong HK: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging -0.616 % from Dec 2001 (Median) to 2016, with 16 observations. The data reached an all-time high of 3.346 % in 2010 and a record low of -10.504 % in 2003. Hong Kong HK: GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong SAR – Table HK.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

Hong Kong HK: GDP: Growth data was reported at 3.791 % in 2017. This records an increase from the previous number of 2.163 % for 2016. Hong Kong HK: GDP: Growth data is updated yearly, averaging 6.007 % from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 16.164 % in 1976 and a record low of -5.883 % in 1998. Hong Kong HK: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong SAR – Table HK.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

The Hong Kong data center rack market, a segment of the broader Asia-Pacific region, is experiencing robust growth, fueled by the increasing adoption of cloud computing, big data analytics, and the expanding digital economy in the region. The market's Compound Annual Growth Rate (CAGR) of 13.20% from 2019-2024 indicates significant expansion. While precise Hong Kong-specific market size data is not provided, we can extrapolate a reasonable estimate. Considering the robust growth and the presence of major global players like Eaton, Schneider Electric, and Vertiv operating in the region, we can assume a 2025 market size of approximately $50 million USD for the Hong Kong data center rack market. This is based on a proportional estimation relative to the broader Asia-Pacific market size, adjusted for Hong Kong's significant technological adoption and concentration of data centers. The market is segmented by rack size (quarter, half, full) and end-user (IT & Telecommunications, BFSI, Government, Media & Entertainment, and others). The IT and Telecommunications sector is likely the dominant segment, reflecting Hong Kong’s role as a major technological hub. Growth drivers include increasing data center construction and expansion, demand for higher power density solutions, and the rising need for improved energy efficiency. However, challenges such as high real estate costs and limited land availability in Hong Kong could act as restraints on market expansion. The forecast period (2025-2033) projects continued strong growth, driven by government initiatives promoting digital infrastructure and the sustained growth of data-intensive industries. The competitive landscape is characterized by the presence of both international giants and regional players. International companies bring advanced technologies and established distribution networks, while local players offer localized expertise and customized solutions. The strategic focus of leading vendors is on offering innovative solutions such as high-density racks and intelligent power distribution units to address the growing demands of data centers in the region. Expansion into cloud service provider segments, partnerships with system integrators, and investment in research and development are expected to be key strategies for market participants. Future growth will depend on factors such as government policies supporting digital infrastructure development, technological advancements in data center technologies, and the overall economic growth in Hong Kong. Recent developments include: June 2023: APAC data center firm AirTrunk planned to develop a second data center facility in East New Territory, Hong Kong, with an IT load capacity of 15MW and expected to go live in mid-2024., February 2023: Pan-Asian data center firm Big Data ExchangeX (BDx) announced that it plans to build a new 16 MW facility in an upcoming high-technology industrial area developed by Hong Kong property developer Sino Group.. Key drivers for this market are: The Advent of 5G Network Expansion and Increasing usage of IoT devices, Fiber Connectivity Network Expansion in the Country. Potential restraints include: The Advent of 5G Network Expansion and Increasing usage of IoT devices, Fiber Connectivity Network Expansion in the Country. Notable trends are: IT & Telecom segment is expected to hold the highest market share..

The retail banking sector in Hong Kong has shown growth despite the recent impact of COVID-19. Residential mortgages and retail deposits recorded the highest compound annual growth rates (CAGRs) in the region, with the exception of China. Consumer credit lending showed a strong CAGR in personal loans, again only trailing the Chinese market. However, growth across credit cards was weaker as economic activity decreased due to the pandemic. The Hong Kong market has witnessed a triple threat over the last few years. Its economy entered a recession in 2017 as geopolitical forces such as the US-China trade war had effects on the territory. Domestic political instability compounded this uncertainty, and COVID-19 became the metaphorical cherry on top in 2020. The retail, tourism, hospitality, and transport sectors were all negatively impacted by the global decrease in travel as well as by regional travel bans and nationwide lockdowns. Overall, Hong Kong as a territory and a financial center has fared better during the pandemic than other markets – but a recent surge in cases has had significant effects on growth and recovery. Read More

The Hong Kong data center server market, while not explicitly detailed in the provided data, can be analyzed by extrapolating from the global trends and regional market dynamics. Given a global CAGR of 13.20% and considering Hong Kong's status as a major Asian financial and technological hub, we can reasonably infer robust growth within this sector. The market is driven by the increasing adoption of cloud computing, big data analytics, and the rising demand for high-performance computing (HPC) solutions within the city's thriving financial services (BFSI), IT & Telecommunication, and government sectors. These industries are investing heavily in infrastructure upgrades to support growing data volumes and enhance operational efficiency. The prevalence of blade and rack servers is expected to dominate the market, driven by space optimization and energy efficiency needs within data centers. However, restraints like high infrastructure costs and competition from regional data centers might slightly temper growth. We can expect a market segmented by form factor (blade, rack, tower) and end-user (IT & Telecommunication, BFSI, Government, Media & Entertainment, Others). Key players like Dell, Hewlett Packard Enterprise, and Cisco are likely to maintain significant market share, although local and regional players could also exhibit strong growth. The market’s expansion will likely be fueled by government initiatives promoting digital transformation and investments in technological advancements. While precise figures for Hong Kong are absent, the trends clearly point to a substantial and dynamic market experiencing consistent growth within the forecast period. The Hong Kong data center server market demonstrates a strong correlation with global trends, particularly the increasing demand for cloud-based services and big data solutions. The concentration of financial institutions and technological companies in Hong Kong necessitates a robust and scalable server infrastructure. Growth will likely be influenced by factors such as government policies promoting digitalization, advancements in server technology (such as increased processing power and energy efficiency), and the continued expansion of the city’s digital economy. Competitive landscape analysis reveals a mix of multinational technology giants and regional players, potentially leading to strategic partnerships and technological innovations. While precise market sizing for Hong Kong requires dedicated research, the overall trajectory indicates a significant and growing market with attractive opportunities for both established and emerging players. Recent developments include: January 2023: Cisco and Intel partnership to present new servers powered by the next generation of Intel Xeon processors. Intel unveiled the 4th Gen Intel Xeon Scalable processors, while Cisco introduced the new flexible, more powerful, and sustainable servers based on Intel innovation., August 2023: Hewlett Packard Enterprise announced that phoenixNAP is expanding its Bare Metal Cloud platform with cloud-native HPE ProLiant RL300 Gen11 servers, using energy-efficient processors from Ampere Computing. The expanded services support AI inferencing, cloud gaming, and other cloud-native workloads with improved performance and energy efficiency.. Key drivers for this market are: Increase in construction of new data centers, development of internet infrastructure, Increasing adoption of cloud and IoT services. Potential restraints include: Increase in construction of new data centers, development of internet infrastructure, Increasing adoption of cloud and IoT services. Notable trends are: IT & Telecommunication Segment To Hold A Major Share In The Market.

Hong Kong Self-Storage Market size was valued at USD 813.58 Million in 2024 and is projected to reach USD 1326.37 Million by 2032, growing at a CAGR of 6.3% during the forecast period 2026-2032.

Hong Kong Self-Storage Market Drivers

1. Rising property prices and a shortage of residential space The typical apartment size in Hong Kong is between 400 and 500 square feet, making it one of the smallest cities in the world. Residents are compelled by high real estate costs to make the most of their living space, which raises the demand for self-storage facilities for furniture, personal possessions, and seasonal goods.
2. Development of SMEs and E-Commerce Additional space is needed for inventory storage due to the growing e-commerce industry and the rise in small and medium-sized businesses (SMEs). Self-storage facilities are a more affordable option for startups and internet shops than renting commercial warehouses.
3. Trends in Decluttering and Shifting Consumer Lifestyles The need for exterior storage solutions has grown as a result of the minimalist lifestyle trend and growing knowledge of the advantages of decluttering. Sports equipment, decorations, and seasonal apparel are frequently kept in self-storage by locals.

Comprehensive dataset of 148 Wet markets in Hong Kong as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Hong Kong GEM: Number of Listed Companies data was reported at 383.000 Unit in Sep 2018. This records an increase from the previous number of 379.000 Unit for Aug 2018. Hong Kong GEM: Number of Listed Companies data is updated monthly, averaging 189.000 Unit from Nov 1999 (Median) to Sep 2018, with 227 observations. The data reached an all-time high of 383.000 Unit in Sep 2018 and a record low of 3.000 Unit in Nov 1999. Hong Kong GEM: Number of Listed Companies data remains active status in CEIC and is reported by Growth Enterprise Market. The data is categorized under Global Database’s Hong Kong – Table HK.Z009: Growth Enterprise Market (GEM) Statistics.