Content area

Abstract

The IT sector in Hong Kong, China is expected to accelerate slightly in 2025 and then grow at a rate that outpaces local GDP throughout the medium-term forecast period to 2028. The integration of AI solutions into economic activity is expected to be an IT market growth driver over the medium term because of investment in servers and data centres, public cloud spending, innovation and new solutions, and the role of AI in increasing IT industry productivity and accelerating digital transformation. However, there is uncertainty in the outlook for Hong Kong and other markets outside the US-aligned technological ecosystem because of restricted access to leading-edge GPUs and large language models. Meanwhile, enhanced data services integration with the Mainland Chinese economy could be an avenue for growth for IT firms in Hong Kong, China.

Details

1007133
Title
Hong Kong, China Information Technology Report - 2025
First page
1
Publication year
2025
Publication date
2025
Publisher
Fitch Solutions Group Limited
Place of publication
London
Country of publication
United Arab Emirates
Publication subject
Source type
Report
Language of publication
English
Document type
Industry Report
Document feature
Industry risk; Industry financials
ProQuest document ID
3127440548
Document URL
https://www.proquest.com/reports/hong-kong-china-information-technology-report/docview/3127440548/se-2?accountid=208611
Copyright
Copyright 2024 Business Monitor International. All rights reserved
Last updated
2024-11-18
Database
ProQuest One Academic