Hong Kong IaaS Market Size and Forecast by Offering, Deployment Model, Organization Size, Subscription Model, and End User Industry: 2019-2033

  Dec 2025   | Format: PDF DataSheet |   Pages: 110+ | Type: Sub-Industry Report |    Authors: Vinith Prasad (Senior Manager)  

 

Hong Kong IaaS Market Outlook

  • In 2024, Hong Kong recorded a market value worth USD 599.7 million.
  • The Hong Kong IaaS Market to total USD 2.13 billion by 2033, achieving a CAGR of 16.5% across the forecast period.
  • DataCube Research Report (Nov 2025): This analysis uses 2024 as the actual year, 2025 as the estimated year, and calculates CAGR for the 2025-2033 period.

Industry Assessment Overview

Industry Findings: Hong Kong’s performance continues to be influenced by its role as a high-density interconnection and finance-driven compute hub (Oct-2023). Low-latency trading, fintech, and cross-border digital services have elevated demand for stable, high-bandwidth cloud access. A clear example is the continued growth of multi-story megawatt-scale DC projects, which help enterprises deploy distributed architectures that address both compliance and performance requirements.

Industry Progression: Industry progression gained momentum when Equinix announced in Mar-2024 an expansion of its HK5 Data Center, increasing rack capacity and interconnect services. This expansion strengthens Hong Kong’s position as a regional peering nexus, improving workload throughput and reinforcing hybrid architectures across Greater Bay Area ecosystems.

Industry Player Insights: A concentrated cluster of providers — Amazon Web Services, Microsoft Azure, Alibaba Cloud, and Equinix — defines the territory’s cloud landscape. Alibaba Cloud’s Jul-2023 Hong Kong region update introduced improved networking and compute configurations, boosting performance and tightening competition for AI-ready workloads.

*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]

Market Scope Framework

Offering

  • Compute Infrastructure
  • Storage Infrastructure
  • Network Transport & Delivery Infrastructure
  • Specialized Accelerated Infrastructure
  • Integrated Container & Orchestration Infrastructure
  • Security, Identity & Access Infrastructure
  • Backup, Replication & Disaster Recovery Infrastructure
  • Distributed Cloud & Edge Infrastructure
  • Cloud Operations & Managed Infrastructure Services

Deployment Model

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

Organization Size

  • Small Enterprise
  • Mid Enterprise
  • Large Enterprise

Subscription Model

  • On-demand
  • Package Subscription
  • Committed Use Subscription
  • Hybrid Subscription

End User Industry

  • IT and Telecom
  • Media and Entertainment
  • Energy and Power
  • Transportation and Logistics
  • Healthcare
  • BFSI
  • Retail
  • Manufacturing
  • Public Sector
  • Other
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