Market Overview

With Hong Kong having enjoyed 13 consecutive quarters of economic growth since the post-SARS recovery began in 2003, BMI sees the Hong Kong IT market continuing to enjoy the positive effects of increasing cross-border activities, the growing popularity of broadband services and a recovery in corporate spending. Overall, the domestic IT market is forecast by BMI to increase from US$3.4bn in 2006 to around US$4.8bn in 2010. Small and medium-sized companies are increasingly investing in new applications to help them manage trade with the mainland, which has been boosted by initiatives encouraging the integration of Hong Kong's economy with its large neighbour, and the abolition of taxes on cross-border trade.

Change continues to challenge Hong Kong's IT sector. As the traditionally low-tech manufacturing base has had to struggle to adapt to the migration of manufacturing to the mainland, the government has started promoting Hong Kong's potential as a support centre, rather than as a base for the manufacture of hightech hardware. Progress has not always been smooth, as evidenced by occasional bouts of soul searching about the perceived greater success of Taiwan or Singapore. The Cyberport high-tech zone project is widely considered not to have fulfilled its potential, while concerns that the development of Hong Kong's high-tech industry has been hampered by inappropriate government policies have been expressed during the current election campaign for the post of Chief Executive.

The banking sector will provide a large opportunity as the sector struggles to fight off competition to its financial hub status and bring its IT infrastructure closer to the levels of other financial centres. With greater consumer and business confidence resulting from the global economic recovery and a push coming from the popularity of new applications such as wi-fia nd bluetooth, as well as converged services such as PCCW's IPTV service, hardware spending is expected to be strong.

• Executive Summary
  • Market Overview
  • Industry Developments
  • Computer Sales
  • Software
  • Services
  • E-Readiness
  • Digital 21
  • Cyberport
  • Company News
  • Table: Hong Kong IT Industry SWOT
  • Table: Hong Kong Business Environment SWOT
  • Asia Regional IT Markets Overview
  • IT Penetration
  • Market Growth And Drivers
  • Sectors And Verticals
• Chapter 1 - Market Overview
  • Government Authority
  • China Mainland
  • History And Market Structure
  • Hardware
  • Software
  • Services
  • End-User Analysis
• Chapter 2 - Industry Developments
• Chapter 3 - Industry Forecast Scenario
  • Table: Hong Kong IT Sector Historical Data And Forecasts
• Chapter 4 - Macroeconomic Outlook
  • Table: Population And Output
• Chapter 5 - Competitive Landscape
• Chapter 6 - Company Profiles
  • IBM Hong Kong
  • HP Hong Kong
  • Microsoft Hong Kong
  • Kingdee
• Chapter 7 - BMI Forecast Modelling
  • How We Generate Our Industry Forecasts
  • IT Industry