Hong Kong Cloud Computing Services Market, Forecast to 2022

Robust ICT infrastructure has been key in supporting the growth of the cloud market in Hong Kong, while continuous support from the Hong Kong government has been instrumental in stimulating market growth under its "Digital 21" plan. Some notable trends include the growing adoption of cloud services to support the banking and finance sector for non-critical applications (e.g., business collaboration tools to enhance the client relationship experience), in areas such as wealth management and asset management.