Hong Kong ICT Investment Trends Discussed by Kable in Comprehensive Market Research Report Now Available at MarketPublishers.com03 Nov 2016 • by Natalie Aster
LONDON – The realisation of sound economic policy within a transparent and steady regulatory environment has been the keystone of Hong Kong-based enterprises’ ongoing achievement in maintaining the world’s most open economy. The information and communications technology (ICT) sector of Hong Kong’s enterprises is amid the most advanced globally. The key factor contributing to the companies’ advanced status in ICT in the country is due to a high-end telecom infrastructure of the city.
The better half of Hong Kong enterprises are mulling over increasing their ICT budgets either modestly or substantially throughout 2016.
The investment in software and hardware are the key focus areas among the Hong Kong firms as they allocated almost 50% of their ICT budget to these 2 segments in 2015.
SaaS is the most favoured cloud computing solution amid the local companies, with IaaS and PaaS following in track.
Comprehensive research study “ICT investment trends in Hong Kong” drawn up by Kable presents the detailed findings from a survey of 55 local enterprises pertaining to trends in their ICT investments. The report canvasses how Hong Kong-based enterprises presently allocate their ICT budgets across the major areas of enterprise ICT spend: software, hardware, communications, IT and consulting services; alongside limelighting the opportunities within each of these core areas. The report casts light on the core technologies Hong Kong enterprises are pouring money in, such as security products, IoT, green IT and virtualisation and cloud computing. The study provides a refined understanding of the approach adopted by the enterprises to buy technology as well as offers comprehensive insights into ICT vendors and service providers when pitching their solutions to enterprises in Hong Kong. It identifies the factors that are impacting Hong Kong enterprises' decisions when selecting ICT providers. The report gives projections of how the domestic ICT landscape is likely to change through to 2016-end.
More in-demand research studies by this publisher are available at Kable page.