ICT investment trends in Hong Kong


#852873

14pages

Kable Market Research

$ 2995

In Stock

The implementation of prudent economic policy within a stable and transparent legal environment has been the cornerstone of Hong Kong enterprise’s continuous achievement in maintaining the world's freest economy. Hong Kong enterprise’s ICT sector is among the most advanced in the world. The key factor contributing to Hong Kong enterprise’s advanced status in ICT is due to a top notch telecommunications infrastructure of the city.

Key Findings

  • Kable’s survey reveals that majority of Hong Kong enterprises are planning to increase their ICT budgets either slightly or significantly in 2016.
  • Kable’s survey reveals that investment in hardware and software are the key areas of focus among the Hong Kong enterprises as they allocated nearly half of their ICT budget to these two segments in 2015 
  • Kable’s survey reveals that SaaS is the most preferred cloud computing solution by the Hong Kong enterprises followed by IaaS and PaaS

Synopsis

ICT investment trends in Hong Kong presents the findings from a survey of 55 Hong Kong enterprises regarding their Information & Communications Technology (ICT) investment trends. The survey investigates how Hong Kong enterprises currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting. 

The report illustrates the core technologies Hong Kong enterprises are investing in, including security products, internet of things, green IT & virtualization and cloud computing. Understand the approach adopted by Hong Kong enterprises to purchase technology and get a better insight into ICT vendors and services providers when pitching their solutions to Hong Kong enterprises.

Reasons To Buy

  • Understand how the Hong Kong ICT landscape is set to change in 2016 to prioritize your target market
  • Comprehend how ICT Dollars are being allocated by Hong Kong in specific geographies and size bands to improve your market penetration
  • Make effective business decisions by recognizing the opportunities within each of the core areas of ICT spend (hardware, software, IT services, telecommunications, and consulting) 
  • Realign your sales initiatives by understanding the current strategic objectives of Hong Kong enterprises
  • Enhance your market segmentation with the included, detailed breakdown of opportunities within selected technology categories (security products, internet of things, green IT & virtualization and cloud computing)
  • Prioritize your focus areas by understanding which factors are influencing Hong Kong enterprises’ decisions when selecting an ICT provider
  • Understand the changes in customers’ priorities and identify the business and IT objectives that Hong Kong enterprises are looking to achieve through their ICT investment strategies

 

Table of Contents

1 Trends in ICT budgets

1.1 Introduction
1.2 Survey demographics
1.3 ICT budget changes
1.4 ICT budget allocation by core technology area  
1.4.1 Hardware budget breakdown 
1.4.2 Software budget breakdowns
1.4.3 Third party IT services expenditure 
1.4.4 Communications expenditure 
1.4.5 Cloud computing budget 
1.5 ICT budget allocation by function
1.6 Outsourced IT functions

2 ICT investment priorities and vendor satisfaction
2.1 Introduction  22 2.1.1 Security products
2.1.2 Internet of Things (IoT)
2.1.3 Green IT & virtualization 
2.1.4 Cloud computing

3 ICT procurement trends 
3.1 Introduction
3.2 Business objectives influencing IT investment strategy
3.3 ICT provider selection
3.4 Key decision maker for purchasing technology

4 Summary 
4.1 Hong Kong enterprises are investing in various ICT domains in 2016 to achieve competitiveness 

5 Appendix 
5.1 Definitions 
5.2 Further reading 
5.3 Contact the authors

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Figure 1: Hong Kong enterprise ICT survey industry breakdown
Figure 2: Hong Kong enterprise ICT survey breakdown by size band (number of employees)
Figure 3: Recent and expected ICT budget changes among Hong Kong enterprises 
Figure 4: Hong Kong enterprises’ (external) ICT budget allocation, 2015 and 2016 
Figure 5: Hong Kong enterprises’ average hardware budget allocation
Figure 6: Average allocation of software budgets in Hong Kong enterprise market
Figure 7: Hong Kong enterprises’ average IT services budget allocation 
Figure 8: Hong Kong enterprises’ average communications expenditure
Figure 9: Hong Kong enterprises’ average cloud computing budget allocation by technology
Figure 10: Hong Kong enterprises’ average cloud computing budget allocation by implementation type 
Figure 11: Hong Kong enterprises’ ICT budget allocation by function, 2015 and 2016
Figure 12: Outsourced IT functions – Hong Kong enterprises’ current and future outsourcing priorities 
Figure 13: Security products – Hong Kong enterprises’ current and future investment priorities
Figure 14: Security products – selected primary provider and vendor satisfaction among Hong Kong enterprises
Figure 15: IoT – Hong Kong enterprises’ current and future investment priorities 
Figure 16: IoT – selected primary provider and vendor satisfaction among Hong Kong enterprises
Figure 17: Green IT & virtualization – Hong Kong enterprises’ current and future investment priorities 
Figure 18: Green IT & virtualization – selected primary provider and vendor satisfaction among Hong Kong enterprises 
Figure 19: Cloud computing – Hong Kong enterprises’ current and future investment priorities
Figure 20: Cloud computing – selected primary provider and vendor satisfaction among Hong Kong enterprises
Figure 21: Business objectives which influence Hong Kong enterprises' IT investment strategy
Figure 22: Factors influencing Hong Kong enterprises' decision to choose an ICT provider
Figure 23: Role of key entities in making ICT purchasing decisions