Hong Kong Telecom Operators Country Intelligence Report
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Hong Kong Telecom Operators Country Intelligence Report Overview
The total telecom and pay-TV service revenue in Hong Kong was $5.8 billion in 2022 and will increase at a CAGR of less than 2% during 2022-2027, primarily supported by contributions from mobile data and fixed broadband service segments. This growth will be driven by the subsidy scheme for encouraging early deployment of 5G launched by the government and the allocation of spectrum which allows for adoption of 4G and 5G as well as emerging technologies.
Hong Kong Telecom Services Market Outlook, 2022 – 2027 ($Billion)
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The Hong Kong Telecom Operators Country Intelligence Report provides an executive-level overview of the telecom services market in Hong Kong today, with detailed forecasts of key indicators up to 2027. Published annually, the report provides a detailed analysis of the near-term opportunities, competitive dynamics, and evolution of demand by service type and technology/platform across the fixed telephony, broadband, mobile, and pay-TV markets, as well as a review of key regulatory trends.
Market Size 2022 | $5.8 billion |
CAGR | <2% |
Forecast Period | 2022-2027 |
Telecom Service Segment | Mobile Services, Fixed voice services, Fixed-Broadband Services and PayTV services |
Leading Companies | China Mobile Hong Kong, PCCW, 3 Hong Kong, SmarTone, HGC, i-cable, HKBN Enterprise Solution |
Hong Kong Telecom Services Market Regulatory Highlights
The Subsidy Scheme for Encouraging Early Deployment of 5G launched by the government, in May 2020, aims to encourage early adoption of 5G in various sectors through the provisioning of financial incentives, which will foster innovation and smart city applications, and improve the efficiency of operator’s services.
Hong Kong Telecom Services Market Analysis by Service
- Mobile services
- Fixed services
- PayTV services
Hong Kong Telecom Services Market Share by Service, 2022 (%)
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Mobile Services Market in Hong Kong – Deep Dive
Mobile subscription penetration of the population in Hong Kong will decline during 2022-2023, under the impact of mandatory SIM registration guidelines issued by the government and the deactivation of unregistered SIMs early in the year. However, it will increase between 2024-2027, this growth will be driven by a projected rise in smartphone subscriptions, multi-SIM ownership, and the adoption of M2M/IoT solutions.
The Hong Kong telecom services market research report offers mobile services segment coverage on the following KPIs:
- Subscription & User Analysis
- Subscription Analysis by Device Type, Payment Type and Technology Type
- Churn Analysis
- Voice & Data Usage Analysis
- Mobile Subscription Market Share Analysis
- Revenue Analysis & ARPU Analysis
Fixed Services Market in Hong Kong – Deep Dive
Fixed broadband service penetration of the population is expected to increase across the forecast period, supported by projected growth in fiber-optic lines on the back of initiatives by the OFCA to offer subsidies for the deployment of fiber networks.
Fixed broadband lines will grow over the forecast period, supported by the growing availability and increasing adoption of high-speed fiber broadband (FTTH/B) services.
The Hong Kong telecom services market research report offers fixed services segment coverage on the following KPIs:
- Fixed Voice & Fixed Broadband Penetration Analysis
- Subscription Trends Analysis by Access Lines
- Subscription Analysis by Technology
- Fixed Subscription Market Share Analysis
- Revenue Analysis & ARPU Analysis
Pay TV Services Market in Hong Kong – Deep Dive
IPTV will remain the leading pay-TV technology across the forecast period. The growth will be supported by the ongoing expansion of broadband network coverage.
The Hong Kong telecom services market research report offers pay-TV services segment coverage on the following KPIs:
- Pay-TV Household Penetration Analysis
- Subscription Analysis by Technology Type
- Pay-TV Subscription Market Share Analysis
- Revenue Analysis & ARPU Analysis
Hong Kong Telecom Services Market - Competitive Landscape
CMHK led the mobile services market in Hong Kong within 2022. CMHK will continue to lead the mobile market through 2027, supported by its strong foothold in the prepaid segment and focus on 5G mobile network modernization. PCCW will remain the leading fixed voice service provider throughout the forecast period, given its strong foothold in both circuit-switched and VoIP segments. PCCW is expected to maintain its leadership in this segment through to 2027, thanks to its monopoly in the xDSL segment and strong presence in the FTTH/B segment. PCCW also led the pay-TV services market in Hong Kong in 2022. Its leading position in the pay-TV market is supported by its monopoly in the IPTV segment.
Leading Telecom Companies in Hong Kong
- China Mobile Hong Kong
- PCCW
- 3 Hong Kong
- SmarTone
- HGC
- i-cable
- HKBN Enterprise Solution
Hong Kong Telecom Services Market Share by Companies, 2022 (%)
Buy The Full Report To Know More About Leading Telecom Companies In Hong Kong, Download A Free Report Sample
Scope
The country intelligence report provides an in-depth analysis of the following –
- The demographic and macroeconomic context in Hong Kong.
- The regulatory environment and trends: a review of the regulatory setting and agenda for the next 18-24 months as well as relevant developments pertaining to spectrum licensing, national broadband plans, tariff regulation, and more.
- Telecom and pay-TV services market outlook: analysis as well as historical figures and forecasts of service revenue from the fixed telephony, broadband, mobile voice, mobile data, and pay-TV markets.
- The competitive landscape: an examination of the positioning of leading players in the telecom and pay-TV services market as well as subscription market shares across segments.
- Company snapshots: analysis of the financial position of leading service providers in the telecommunications and pay-TV markets.
- Underlying assumptions behind our published base-case forecasts, as well as potential market developments that would alter, either positively or negatively, our base-case outlook.
Reasons to Buy
- This country intelligence report offers a thorough, forward-looking analysis of the Hong Kong’s telecommunications markets, service providers, and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
- Accompanying GlobalData’s Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in the Hong Kong’s mobile communications, fixed telephony, broadband markets, including the evolution of service provider market shares.
- With more than 20 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
- The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in the Hong Kong’s telecommunications markets.
- The broad perspective of the report coupled with comprehensive, actionable detail will help operators, equipment vendors, and other telecom industry players succeed in the challenging telecommunications market in Hong Kong.
PCCW
SmarTone
China Mobile Hong Kong (CMHK)
3 Hong Kong
Table of Contents
Frequently asked questions
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What was the Hong Kong telecom services market size in 2022?
The telecom services market size in Hong Kong reached $5.8 billion in 2022.
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What is the Hong Kong telecom services market growth rate?
The telecom services market in Hong Kong is expected to increase at a CAGR of less than 2% during the forecast period, 2022-2027.
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What are the key telecom services market drivers in Hong Kong?
The subsidy scheme for encouraging the early deployment of 5G launched by the government and the allocation of the spectrum which allows for adoption of 4G and 5G as well as emerging technologies.
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What are the key telecom service market segments in Hong Kong?
Mobile services, fixed voice services, fixed-broadband services, and payTV are key service segments in the telecommunications services market in Hong Kong.
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Which are the leading telecom companies in Hong Kong?
The leading companies in the telecommunications services market in Hong Kong are China Mobile Hong Kong, PCCW, 3 Hong Kong, SmarTone, HGC, i-cable, HKBN Enterprise Solution
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