Hong Kong Telecom Infrastructure Market Trends, Statistics, and Telecom Tower Analysis

Hong Kong Telecom Infrastructure report offers latest market overview

SEATTLE, WASHINGTON, UNITED STATES, December 6, 2020 /EINPresswire.com/ -- Market Overview
Reforms introduced by governments over the last two decades have dramatically changed the nature of telecommunications in Hong Kong. The Hong Kong government has been proactive in its efforts to transform Hong Kong into a global telecommunication hub. The mobile market continues to be the main focus of the Hong Kong telecom sector. Hong Kong’s mobile market continues to get the bulk of local capital expenditure as the operators expand their infrastructure.

In the last few years, there has been a radical shift in the way data is produced and consumed. A number of government initiatives and regulations will see further increased in internet users and enforce strict data residency laws that will require vastly more data centre capacity. There will a rapid increase in the rate in which on-premise facilities are being outsourced to third- party data centres, as the cloud computing, especially cloud computing continues to grow.

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Hong Kong has a huge national telecommunications network. A strong increase in telecom subscribers base has necessitated network expansion covering a wider area, thereby creating a need for significant investment in telecom infrastructure. Hong Kong's telecom industry is expected to see a major expansion of its network infrastructure during the 2019 to 2022 period. The top mobile operators are now planning to extend coverage to address a surge in data consumption. The fixed line market in Hong Kong remains highly underdeveloped due to the dominance of the mobile segment. Further, the number of fixed telephone lines is slowly declining as the mobile segment continues to expand.

Download overview @ https://www.globalmonitor.us/product/hong-kong-telecom-infrastructure-market

As well as its huge national network, Hong Kong’s investment in telecommunications infrastructure over the last decade has extended to a heavy involvement in the international market. Although fixed-line services continued to be an important element within the national infrastructure, expansion in this segment of the market has seriously stalled as the demand has shifted to mobile services. The push to extend basic telephone services across the country has seen extensive use of Wireless Local Loop (WLL) services. At the same time, the government has strongly supported two programs specifically designed to extend coverage.

Infrastructure sharing was considered crucial for faster rollout of base stations across Hong Kong’s vast interior, much of which was difficult to access because of poor roads and lack of electricity. The industry subsequently saw significant restructuring of infrastructure businesses with operators creating and, in some cases, hiving off these units. There was also an increased willingness to use other companies to build infrastructure. Communications towers were central to this business.

Download overview @ https://www.globalmonitor.us/product/hong-kong-telecom-infrastructure-market

A number of government initiatives and regulations will see further increased in internet users and enforce strict data residency laws that will require vastly more data centre capacity. Rapid yearly increased in the volume of data being processed and growing demand for data localization has led to a high level of investment in new data centres.

Bhanu Reddy
Global Monitor
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