Hong Kong Enterprise ICT Investment Trends 2020

2020-07-17
Price :
Published : Jul-2020
No. of Pages : 42

Hong Kong Enterprise ICT Investment Trends 2020

Summary

The Survey also reveals that a higher percentage of ICT spending among enterprises in Hong Kong will be spent ‘on running business as usual with existing ICT systems’ than the percentage of ICT spending that would be used for ‘transforming businesses with new ICT systems’.

Most survey respondents from Hong Kong confirmed that technology purchase decisions in their enterprises are jointly taken by all parties involved.

According to the survey, most respondents from Hong Kong said that their enterprises would see a reduction in their intended ICT budget for 2020 post the COVID-19 outbreak compared to what it was in the pre-COVID period.

With regards to cloud computing investments, ‘cloud management platforms’, and ‘hybrid cloud’ and ‘managed cloud’ will be the popular investment areas in cloud computing technology, and cloud implementation model respectively for most enterprises in Hong Kong in the next two years.

Scope

The Survey report provides information and insights into ICT spending by enterprises in Hong Kong –
– Insights of its ICT budget allocation by business function and key spending areas
– Enterprise ICT Budget Outlook for 2020
– Enterprise ICT Budget Allocations in 2020 vs. 2019, including the effect of COVID-19 on budget allocations
– Segment wise ICT budget allocation comparison between 2019 and 2021

Reasons to Buy

– Gain insights into Hong Kong enterprises ICT spending trends
– Gain insights into Hong Kong enterprises ICT budget allocation for 2020
– Gain insights into effect of COVID-19 on ICT budget of enterprises in Hong Kong
– Gain insights into key technology priorities of the Hong Kong enterprises in allocating ICT budgets

Filed in: Information Technology
Publisher : GlobalData
More Reports
Title Price Buy Now

Micro Mobile Data Center Market by Application (Instant Data Center, Remote Office and Branch Office, and Edge Computing), Rack Unit (Up to 20 RU, 20 RU to 40 RU, and Above 40 RU), Organization Size, Vertical, and Region – Global Forecast to 2025

Rising adoption of edge computing which requires highly reliable data centers, to drive the growth of micro mobile data center market The micro mobile data center market size is expected to grow from USD 3.0 billion in 2020 to USD 6.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.6% during the forecast period. The micro mobile data center is a self-contained infrastructural design achieved by integrating the storage, processing, and networking modules required to run indoor and outdoor applications in a secure computing environment. Micro mobile data centers are available in standardized prefabricated sizes that enable the data center owners to save their capital investment and the time needed in building data centers by the traditional approach. The size and flexibilit......
$7150

Real-Time Location Systems Market (RTLS) for healthcare with COVID-19 Impact Analysis by Offering (Hardware, Software, Services), Technology (RFID, W-Fi, UWB, BLE, IR, Ultrasound, Others), Facility Type, Application, Geography – Global Forecast to 2025

Safety and security concerns in healthcare facilities drives market growth The real-time location systems (RTLS) market for healthcare is expected to grow at a CAGR of 23.0% from 2020 to 2025,to reach USD 3.9 billion by 2025 from USD 1.4 billion in 2020. Availability of cost-effective RTLS solutions;increasing concern in healthcare industry to improve safety, workflow, and security; and increasing popularity of ultra-wide band technology-based RTLS solutions are few of the key driving factors forthe RTLS market for healthcare growth. However,concerns regarding data security and privacy, and hindrance in RTLS supply chain due to COVID-19are a few of the factors hindering the growth of the RTLS market for healthcare. Hospitals and healthcare facilities segment to dominate RTLS market f......
$4950

Digital MRO Market by Technology (Predictive Maintenance, AR/VR, 3D Printing, Blockchain, Artificial Intelligence, Robotics, Big Data Analytics, Digital Twin, IOT), End-User (MROs, Airlines, OEMs), Application, Region – Global Forecast to 2030

“Increasing demand for unmanned vehicles and ongoing military modernization programs are expected to fuel the growth of the digital MRO market across the globe.” The digital MRO market is projected to grow from USD 606 million in 2020 to USD 1,809 million by 2030, at a CAGR of 11.6% from 2020 to 2030. The increasing digitalization of MRO to increase efficiency and reduce aircraft downtime is the key factor that is expected to fuel the growth of the digital MRO market. However, limited budgets that restrain the adoption of MRO hurdle the growth of this market. The digital MRO market includes major players Boeing (US), General Electric (US), Lufthansa Technik (Germany), SAP (Germany), and IBM (US). These players have spread their business across various countries includes North Ame......
$4950

Non-Volatile Memory Market by Type (Flash (NAND, NOR), EEPROM, NVSRAM, Embedded, EPROM, 3D NAND, MRAM/STTMRAM, FRAM, RERAM/CBRAM, 3D XPOINT, NRAM), Wafer-Size, End-User Industry, and Geography – Global Forecast to 2025

“Massive growth in digital data volume and proliferated use of smartphones, laptops, and tablets drive overall non-volatile memory market” The non-volatile memory market was valued at USD 54.3 billion in 2020 and is projected to reach USD 83.6 billion by 2025, at a CAGR of 9.0% between 2020 and 2025. Increasing demand for faster access and low power consuming memory devices is expected to drive the overall non-volatile memory market during the forecast period. The rising need for memory devices with high speed, low power consumption, and high scalability is expected to fuel the development of new non-volatile memories. Various players involved in this market strive to address this need with the development of emerging memories, such as RRAM, MRAM, FeRAM, and STTMRAM. “Market fo......
$4950

Cognitive Assessment and Training Market by Component, Organization Size, Application (Clinical Trials, Learning, and Research), Vertical (Healthcare and Life Sciences, Education, and Corporate), and Region – Global Forecast to 2025

“The rising adoption of gamification for cognitive assessment, social distancing practices resulting in increased adoption of eLearning, and the need to test cognition at home,  is expected to act as a growth opportunity for the cognitive assessment and training market.” The global cognitive assessment and training market size grew from USD 3.2 billion in 2020 to USD 11.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 29.3% during the forecast period. Various factors such as the rising adoption of gamification for cognitive assessment, social distancing practices resulting in increased adoption of eLearning, and the COVID-19 pandemic leading to the increased need to test cognition at home are expected to drive the adoption of the cognitive assessment and training marke......
$7150

Walmart – Enterprise Tech Ecosystem Series

Walmart - Enterprise Tech Ecosystem Series Summary Walmart began its e-commerce initiative in 2000 when it created walmart.com and samsclub.com, and has been expanding its digital presence since then. Since 2015, Walmart has partnered with several tech companies, including leaders to tap the power of disruptive technologies. Walmart is also upgrading its retail stores with digital solutions. The company's innovations are geared towards integration of delivery capabilities and achieving seamless consumer engagement via online & offline platforms. The report provides information and insights into Walmart's technology activities, including - - Insights of its digital transformation strategies, accelerator & incubator programs, and R&D and data analytics labs - Overview of technology ini......
$1495

Johnson and Johnson – Enterprise Tech Ecosystem Series

Johnson and Johnson - Enterprise Tech Ecosystem Series Summary Johnson and Johnson has been strategically focusing on disruptive technologies such as AI & Machine Learning, Robotics, IoT, and Digital Therapeutics among various others to digitally transform legacy practices in business. The company has been focused on leveraging digital manufacturing techniques using 3D printing. J&J key accelerators, incubators, & other innovation programs include Janssen Business Development, JLABS, Janssen Disease Interception Accelerator (DIA), and JLINX among others. The company's investment portfolio comprises of Cala Health, BlackThorn, Zebra Medical Vision, Cara Care, and Multiscale to name a few. The report provides information and insights into Johnson & Johnson's tech activities, including......
$1495

Weather Forecasting Services Market by Industry (Aviation, Agriculture, Marine, Oil & Gas, Energy & Utilities, Insurance, Retail, Media), Forecasting Type (Nowcast, Short, Medium, Long), Purpose, Organization Size & Region – Global Forecast to 2025

“Increasing demand for weather forecasting services in agriculture and renewables are driving the weather forecasting services market.” The weather forecasting services market is estimated to be USD 1.5 billion in 2020 and is projected to reach USD 2.3 billion by 2025, at a CAGR of 9.3% during the forecast period. Some of the factors fueling the market’s growth include increasing safety concerns in end-use industries and a rise in climate change patterns resulting in uncertainties related to rainfall. Increasing super computing capabilities and an upsurge in the production of renewable energy are anticipated to open several growth opportunities for weather forecast service providers during the forecast period. The COVID-19 pandemic has impacted the weather forecasting services ......
$4950

Cloud-based Contact Center Market by Component (Solutions and Services), Deployment Model (Public Cloud and Private Cloud), Organization Size, Industry (BFSI, Telecommunications, and Retail and Consumer Goods), and Region – Global Forecast to 2025

The growing need for improving consumer experience has fueled the adoption of cloud-based contact center solutions across the globe The global cloud-based contact center market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 25.8% during the forecast period, to reach USD 36.1 billion by 2025 from USD 11.5 billion in 2020. Digital business transformation has entered a more challenging and urgency-driven phase due to the COVID-19 pandemic. Global giants provide customers with cost-effective and productive digital solutions as every industry is economically hard-hit by the pandemic. The sudden shutdowns of organizations and institutions increased the demand for cloud solutions and other online services. The cloud-based contact center market in industries such as IT and ......
$7150

Koninklijke Philips NV (Philips) – Enterprise Tech Ecosystem Series

Koninklijke Philips NV (Philips) - Enterprise Tech Ecosystem Series Summary Koninklijke Philips NV (Philips) is a diversified technology company that develops and manufactures medical systems, and lighting products. The company offers patient care and clinical informatics, imaging systems, healthcare transformation services, and home healthcare solutions. It also offers mother and child care, oral healthcare products including male grooming and beauty products, kitchen appliances, air, garment care, floor care products, sleep, respiratory care, and respiratory drug delivery products. It also provides diagnostic x-ray, integrated clinical, magnetic resonance imaging, computed tomography, and molecular imaging solutions. It has operational presence in South Korea, the US, Japan, China, and......
$1495
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy