Report Published: "Hong Kong Information Technology Report Q3 2013"
We forecast IT spending in Hong Kong will reach HKD45.3bn in 2013, growth of 6.8% in local currency terms. There was a small upgrade to our forecast in the Q3 2013 update on the basis of a brighter economic outlook and specifically the investment taking place in datacentres. There is, however, downside to this outlook, with a potential hard landing in China likely to severely disrupt Hong Kong's economy and IT market. In the IT market, key growth trends include...
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