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The Hong Kong data center industry was ranked second in Asia and fourth in the world in Cushman & Wakefield’s 2023 Global Data Center Market Comparison report, citing a range of metrics, including a strong ecosystem, excellent connectivity, consistent demand, and comprehensive availability of cloud services.

As one of Asia’s largest financial hubs and a city with a vibrant business environment, Hong Kong has a huge demand for computing power.

Due to its proximity and close integration with cities on the Chinese mainland, the Hong Kong data center industry is also known as a “gateway” to serving customers in the mainland Chinese market, as foreign players in the space can take advantage of Hong Kong’s looser rules on foreign investment.

As the city sets eyes on developing the technology and digital sectors, and high-tech applications, such as artificial intelligence in particular, the demand for computing capacity will only continue to grow.

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