Enjoy complimentary customisation on priority with our Enterprise License!
The IT market in Hong Kong size is forecast to increase by USD 3.25 billion at a CAGR of 8.09% between 2023 and 2028. In Hong Kong's IT market, the primary growth drivers include the increasing adoption of IT resources, tools, and business processes among Small and Medium-sized Enterprises (SMEs). Additionally, the implementation of Business Intelligence (BI) and forecasting solutions to enhance decision-making is on the rise. However, challenges persist, such as the shortage of skilled IT professionals, which may hinder market growth. The financial market's instability and the need for infrastructure upgrades also pose significant challenges. Agile teams are increasingly being adopted to improve efficiency and adaptability in the face of these challenges. The unemployment rate in the IT sector remains a concern, indicating a potential labor market crunch.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.