Hong Kong Information Technology Report - Business Monitor International - Industry Reports

Hong Kong Information Technology Report

Hong Kong Information Technology Report - Business Monitor International - Industry Reports
Hong Kong Information Technology Report
Published Aug 20, 2016
70 pages — Published Aug 20, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

BMI forecasts IT spending will grow y -.- in ---- to reach HKD--.--bn, a marked improvement from ----. The growth rate for software and services spending is forecast to remain pretty stable in ----, and the main factor behind our forecast is our outlook for a significant strengthening of the hardware market. ...Adding to heightened economic uncertainty and lower spending from visitors to Hong Kong, device category developments were an important trend. Desktop and notebook replacement demand was brought forward to ---- by the withdrawal of Microsoft support for the legacy XP operating system in April ----, a trend observed across developed markets the impact of which was exacerbated in Hong Kong by economic conditions. The tablet market saw the sharpest fall, with GfK reporting that sales revenue fell --.- y-o-y to Q---. ...Desktop and notebook replacement demand was brought forward to ---- by the withdrawal of Microsoft support for the legacy XP operating system in April ----, a trend observed across developed markets the impact of which was exacerbated in Hong Kong by economic conditions. The tablet market saw the sharpest fall, with GfK reporting that sales revenue fell --.- y-o-y to Q---.

...Computer Hardware Sales: HKD--.-bn in ---- to HKD--.-bn in ----, a CAGR of -.- in local currency terms. A stable outlook, reflecting the maturity of the market, but downside should increase as smartphones cannibalise PC replacement spending. Software Sales: HKD--.-bn in ---- to HKD--.-bn in ----, a CAGR of -.- in local currency terms. Cloud delivered software and cybersecurity products expected to outperform, while financial services will continue to be the most important vertical. IT Services Sales: HKD--.-bn in ---- to HKD--.-bn in ----, a CAGR of -.- in local currency terms. ...IT Services Sales: HKD--.-bn in ---- to HKD--.-bn in ----, a CAGR of -.- in local currency terms. Services forecast to outperform, with the most important growth drivers in the form of cloud computing and Internet of Things solutions adoption.

...BMI View: We revised down the IT spending forecast for Hong Kong in the Q--- update in response to a softer economic outlook and we now envisage spending will increase at a CAGR of -.- over ---------. A saturated hardware segment will underperform, with cannibalisation of PC and enterprise hardware sales by increasingly powerful smartphone and cloud adoption respectively, presenting downside. ...

  
Source:
Document ID
1750-5046
Country
Industry
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Hong Kong Information Technology Report" Aug 20, 2016. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Hong-Kong-Information-Technology-Report-2026-61>
  
APA:
Business Monitor International - Industry Reports. (2016). Hong Kong Information Technology Report Aug 20, 2016. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Hong-Kong-Information-Technology-Report-2026-61>
  
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