Hong Kong’s small size and high population density has enabled the country to extensively rollout fixed broadband infrastructure and provide almost all households with access to high-speed broadband connectivity. This has propelled Hong Kong to boast the highest peak average broadband speeds are the highest in the world.
Hong Kong is ranked 2nd out of 34 with an Asian Telecoms Maturity Index score of 90. This places Hong Kong 2nd in the “Market Leaders” category. (BuddeComm’s “Asian Telecoms Maturity Index”, is an index (on a scale between 0 and 100) that measures and ranks the relative maturity of the telecoms industry in all of the 34 countries in Asia.) Compared to other Asian nations, Hong Kong has very high mobile, mobile broadband and fixed broadband penetration.
International internet connectivity continues to grow, driven by Hong Kong’s status as an international financial hub and its location next to China.
Fixed line growth in Hong Kong has declined over the past five years as consumers migrate to wireless voice and data services. This trend is predicted to continue over the next five years to 2022.
The government has taken steps towards coordinated development of a smart city. The Hong Kong government announced a range of measures in six areas, including “Smart Mobility”, “Smart Living”, and “Smart Environment”, will be introduced over the next five years to 2022.
Underpinning delivery of digital economy services is increasing affordability and sophistication of end user devices and IOT connected sensors as well as continual investment in network infrastructure to connect end-user devices as well as integration of new mobile related technologies designed to improve wireless broadband capacity and service quality.
PCCW; HKT; CSL; Hong Kong Broadband Network (HKBN); Hutchison Telecom Hong Kong, i-Cable, HGC Global Communications.
Number of pages 31
Last updated 8 Mar 2018
Analyst: Phil Harpur
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