Artificial Intelligence
Outlook on the Smart City Technology Convergence Global Market (2021 to 2026) – Report Bundle Including Services and Solutions for Smart Cities
Dublin, Jan. 27, 2021 (GLOBE NEWSWIRE) — The “Smart City Technology Convergence: AI, Broadband Wireless (LTE, 5G and Beyond 5G), Data Analytics, Device Management, and IIoT Applications, Services, and Solutions for Smart Cities 2021 – 2026” report has been added to ResearchAndMarkets.com’s offering.
Smart cities represent a combination of solutions deployed in an urban environment to transform the administration and support of living and working environments. Accordingly, Information and Communications Technologies (ICT) are transforming at a rapid rate, driven by urbanization, industrialization of emerging economies, and the specific needs of various smart city initiatives.
Smart city development is emerging as a focal point for growth drivers in several key ICT areas including: Artificial Intelligence, Internet of Things, Connected Devices, Broadband Wireless, Cloud Computing, Big Data, and Analytics. This research covers all of these technologies with analysis from 2021 through 2026.
Select Research Findings:
- Global AIoT market will reach $81.5B by 2026, growing at 37.2% CAGR
- Global market for IoT data as service solutions will reach $9.3B USD by 2026
- 5GNR market for private wireless in industrial automation will reach $5.2B by 2026
- Embedded AI software and systems in support of IoT will surpass $9B globally by 2026
- Machine learning in edge computing will be key to realize the full potential of IoT analytics
- Successful smart cities will be dependent on intelligent integration of 5G, AI, edge computing, and IoT
Sustainable smart city technology deployments depend upon careful planning and execution as well as monitoring and adjustments as necessary. For example, feature/functionality must be blended to work efficiently across many different industry verticals as smart cities address the needs of disparate market segments with multiple overlapping and sometimes mutually exclusive requirements. This will stimulate the need for both cross-industry coordination as well as orchestration of many different capabilities across several important technologies.
The publisher sees smart cities as a focal point for growth drivers in several key ICT areas including: M2M/IoT, connected devices, broadband wireless, cloud computing, big data and analytics. Smart city developments are causing solution providers to take a much more integrated approach as the design and implement infrastructure and service capabilities.
Processes, systems, and resources are becoming increasingly intertwined as mobility, communications, energy, water, platforms, monitoring/control, performance management, predictability and forecasting all merge together. Feature/functionality must be blended to work efficiently across many different industry verticals as smart cities address the needs of disparate market segments with multiple overlapping and sometimes mutually exclusive requirements.
This comprehensive research evaluates the smart cities market including leading vendors and strategies (such as a single vendor-centric approach), infrastructure, solutions, applications and services. It analyzes market factors driving solution adoption, technology readiness and fitness for use, and other considerations. The report assesses the aforementioned factors to derive penetration and revenue to forecast market value for the period of 2021 – 2026. It includes analysis of the role of technology accelerating digital transformation including AI, edge processing, 5G deployment and usage, and advanced data analytics.
In terms of the impact of AI technologies, the research evaluates integration within various networking products and solutions including embedded equipment, components, and software platforms (network automation, optimization, and transformation). It also evaluates the role of SDN, Edge Computing, NFV, and Augmented Intelligence in the formation and support of AI-driven networking ecosystems. In addition, the impact of 5G networks, IoT technology and systems, and network analytics functions is also evaluated.
This includes key AI technologies, products, and solutions from the most important solution providers, identifying key companies in each segment of the competitive landscape. It also provides a comprehensive quantitative assessment of the AI-driven networking market based on major market segments and subsegments, AI technology type, deployment type, network type, industry vertical, and region from 2021 through 2026.
This research also provides the most comprehensive study available addressing the LTE and 5G application and service market. This report evaluates cellular broadband applications and services including revenue and usage (subscribers/users) by LTE, LTE Advanced, LTE Advanced Pro, and 5G. This includes an assessment of LTE and 5G in private wireless networks as well as market opportunities for Mobile Edge Computing (MEC) in public and private networks including the market for computing as a service.
This research also evaluates IIoT technologies, companies, applications, services, and solutions. Report forecasts include overall global and regional IIoT outlook as well as IIoT by industry vertical, software, hardware, and services for the period 2021 to 2026. This research is critical to identifying opportunities for R&D, technology integration, and the development of new solutions and applications across industry segments.
It includes an evaluation of the IoT device management market, which encompasses device provisioning, administration, monitoring, and diagnostics important for trouble replication and corrective measures. Important IoT Device Management functions include Enrollment/Provisioning, Configuration/Association, Software Updates, and overall Management and Control.
Target Audience:
- Wireless service providers of all types
- Sensor network and component providers
- Wireless device and components manufacturers
- Smart appliances and electronic devices companies
- Security device and monitoring equipment suppliers
- Software developers and mobile/wireless app developers
Key Topics Covered:
Artificial Intelligence in Next Generation Networking by Infrastructure, Network Type, IoT Solution, Segment (Consumer, Enterprise, Industrial, and Government), and Industry Vertical 2021 – 2026
1.0 Executive Summary
2.0 Introduction
3.0 Technology and Application Analysis
4.0 Company Analysis
5.0 Market Analysis and Forecast 2021 – 2026
6.0 Conclusions and Recommendations
Artificial Intelligence in Big Data Analytics and IoT: Market for Data Capture, Information and Decision Support Services
1.0 Executive Summary
2.0 Introduction
3.0 Overview
4.0 AI Technology in Big Data and IoT
5.0 AI Technology Application and Use Case
6.0 AI Technology Impact on Vertical Market
7.0 AI Predictive Analytics in Vertical Industry
8.0 Company Analysis
9.0 AI in Big Data and IoT Market Analysis and Forecasts 2021 – 2026
10.0 Conclusions and Recommendations
11.0 Appendix
Artificial Intelligence Market by Technology, Infrastructure, Components, Devices, Solutions, and Industry Verticals
1.0 Executive Summary
2.0 Overview
3.0 Technology Impact Analysis
4.0 Market Solutions and Applications Analysis
5.0 Company Analysis
6.0 AI Market Analysis and Forecasts 2021 – 2026
7.0 Conclusions and Recommendations
LTE and 5G Applications by Service Provider Type, Connection, Deployment, Use Cases, Service Category, Computing as a Service, Industry Verticals, Region and Country
1.0 Executive Summary
2.0 Introduction
3.0 LTE and 5G Technology and Capabilities Overview
4.0 LTE and 5G Technology and Business Dynamics
5.0 Company Analysis
6.0 LTE and 5G Application Market Analysis and Forecasts
7.0 Conclusions and Recommendations
5G and Beyond 5G Technology, Infrastructure, and Devices
1.0 Executive Summary
2.0 Introduction
3.0 5G Technology and Solutions
4.0 5G Applications and Services
5.0 5G Market Analysis and Forecasts 2021 – 2030
6.0 Beyond 5G Technology and Solutions
7.0 Beyond 5G Company and Organization Analysis
8.0 Beyond 5G Regional and Country Analysis
9.0 Beyond 5G Market Analysis and Forecasts 2025 – 2030
10.0 Conclusions and Recommendations
11.0 Appendix: Forecasts for Leading 5G Apps and Services
Industrial Internet of Things: IIoT Market by Technologies, Solutions and Services
1 Executive Summary
2 Overview
3 IIoT Technologies
4 IIoT in Industry Verticals
5 IIoT Company Analysis
6 IIoT Global Market Analysis and Forecasts 2021 – 2026
7 Future of IIoT Technologies, Solutions, and Deployment
IoT Device Management Market by Consumer, Enterprise, Industrial, and Government IoT Device Provisioning, Administration, Surveillance, Maintenance and Analytics
1.0 Executive Summary
2.0 About the Study
3.0 Introduction
4.0 IoT Device Management Service Delivery Analysis
5.0 IoT Device Management Company and Solution Analysis
6.0 Smart and Connected IoT Device Ecosystem
7.0 IoT Device Management Market Analysis and Forecasts 2021 – 2026
8.0 IoT Device Management Solutions for Consumer Segment 2021 – 2026
9.0 IoT Device Management Solutions for Enterprise 2021 – 2026
10.0 IoT Device Management Solutions for Industrial Segment 2021 – 2026
11.0 IoT Device Management Solutions for Government IoT
12.0 Appendix: Outlook and Issues for Managing IoT Devices in Healthcare
Smart Cities Market: Technologies, Solutions, and Outlook for Applications and Services
1.0 Executive Summary
2.0 Introduction
3.0 Technology and Market Analysis
4.0 Value Chain and Application Analysis
5.0 Company Analysis
6.0 Smart Cities Market Forecast 2021 – 2026
7.0 Conclusions and Recommendations
Artificial Intelligence in Next Generation Networking by Infrastructure, Network Type, IoT Solution, Segment (Consumer, Enterprise, Industrial, and Government), and Industry Vertical 2021 – 2026
1.0 Executive Summary
2.0 Introduction
3.0 Technology and Application Analysis
4.0 Company Analysis
5.0 Market Analysis and Forecast 2021 – 2026
6.0 Conclusions and Recommendations
Artificial Intelligence in Big Data Analytics and IoT: Market for Data Capture, Information and Decision Support Services
1.0 Executive Summary
2.0 Introduction
3.0 Overview
4.0 AI Technology in Big Data and IoT
5.0 AI Technology Application and Use Case
6.0 AI Technology Impact on Vertical Market
7.0 AI Predictive Analytics in Vertical Industry
8.0 Company Analysis
9.0 AI in Big Data and IoT Market Analysis and Forecasts 2021 – 2026
10.0 Conclusions and Recommendations
11.0 Appendix
Artificial Intelligence Market by Technology, Infrastructure, Components, Devices, Solutions, and Industry Verticals
1.0 Executive Summary
2.0 Overview
3.0 Technology Impact Analysis
4.0 Market Solutions and Applications Analysis
5.0 Company Analysis
6.0 AI Market Analysis and Forecasts 2021 – 2026
7.0 Conclusions and Recommendations
LTE and 5G Applications by Service Provider Type, Connection, Deployment, Use Cases, Service Category, Computing as a Service, Industry Verticals, Region and Country
1.0 Executive Summary
2.0 Introduction
3.0 LTE and 5G Technology and Capabilities Overview
4.0 LTE and 5G Technology and Business Dynamics
5.0 Company Analysis
6.0 LTE and 5G Application Market Analysis and Forecasts
7.0 Conclusions and Recommendations
5G and Beyond 5G Technology, Infrastructure, and Devices
1.0 Executive Summary
2.0 Introduction
3.0 5G Technology and Solutions
4.0 5G Applications and Services
5.0 5G Market Analysis and Forecasts 2021 – 2030
6.0 Beyond 5G Technology and Solutions
7.0 Beyond 5G Company and Organization Analysis
8.0 Beyond 5G Regional and Country Analysis
9.0 Beyond 5G Market Analysis and Forecasts 2025 – 2030
10.0 Conclusions and Recommendations
11.0 Appendix: Forecasts for Leading 5G Apps and Services
Industrial Internet of Things: IIoT Market by Technologies, Solutions and Services
1 Executive Summary
2 Overview
3 IIoT Technologies
4 IIoT in Industry Verticals
5 IIoT Company Analysis
6 IIoT Global Market Analysis and Forecasts 2021 – 2026
7 Future of IIoT Technologies, Solutions, and Deployment
IoT Device Management Market by Consumer, Enterprise, Industrial, and Government IoT Device Provisioning, Administration, Surveillance, Maintenance and Analytics
1.0 Executive Summary
2.0 About the Study
3.0 Introduction
4.0 IoT Device Management Service Delivery Analysis
5.0 IoT Device Management Company and Solution Analysis
6.0 Smart and Connected IoT Device Ecosystem
7.0 IoT Device Management Market Analysis and Forecasts 2021 – 2026
8.0 IoT Device Management Solutions for Consumer Segment 2021 – 2026
9.0 IoT Device Management Solutions for Enterprise 2021 – 2026
10.0 IoT Device Management Solutions for Industrial Segment 2021 – 2026
11.0 IoT Device Management Solutions for Government IoT
12.0 Appendix: Outlook and Issues for Managing IoT Devices in Healthcare
Smart Cities Market: Technologies, Solutions, and Outlook for Applications and Services
1.0 Executive Summary
2.0 Introduction
3.0 Technology and Market Analysis
4.0 Value Chain and Application Analysis
5.0 Company Analysis
6.0 Smart Cities Market Forecast 2021 – 2026
7.0 Conclusions and Recommendations
Companies Mentioned
- ABB Group
- Accenture PLC
- Advantech
- Aeris Communications
- AGT International
- AIBrian Inc.
- Airspan
- Airtel
- Alibaba
- Allegro
- Alstom SA
- Altair Semiconductor
- Alvarion
- Amazon
- AMD
- America Movil
- Amplia Soluciones S.L.
- Analog Devices Inc.
- Apple
- Aricent Inc.
- Arista Networks Inc.
- ARM Holdings
- Ascom
- Asus
- AT&T
- Atmel Corporation
- ATOS
- B+B SmartWorx
- Baidu Inc.
- Barbara IoT
- Blackberry Ltd.
- Bosch
- Bosch Software Innovations GmbH
- Broadcom Corporation
- Brocade Communication Systems
- BT Group
- C3, Inc.
- Cavium Inc.
- China Mobile
- China Telecom
- China Unicom
- Ciena Corporation
- Cisco System Inc.
- Citrix Systems
- ClipBucket
- Cobham Wireless
- Colt
- Contus Vplay
- Coolpad Dyno
- Cradlepoint
- Cubic Corporation
- CyanConnode
- D-Link
- Dassault Systemes
- Dell Technologies Inc.
- Delta Controls
- Delta Electronics Inc.
- Deutsche Telekom AG
- Devicepilot
- Digi International
- Dish
- DU
- Echelon Corporation
- ECI Telecom
- Elecsys Corporation
- Emerson Electric Co.
- Entel
- Ericsson AB
- ETI Software Solutions
- Eurotech
- Extreme Networks
- Facebook Inc.
- Fitbit
- Foxconn Electronics Inc.
- Fubo TV
- Fujitsu Ltd.
- Gemalto
- General Electric
- General Vision Inc.
- Google Inc.
- H2O.ai
- Haier Group Corporation
- Harris
- HCL Technologies Ltd.
- Hewlett Packard Enterprise
- Hitachi
- Honeywell International Inc.
- HPE
- HTC
- Huawei Technologies Ltd.
- Hulu
- Hytera
- IBM Corporation
- Inbenta Technologies Inc.
- Inmarsat
- And Many More Companies
For more information about this report visit https://www.researchandmarkets.com/r/wcs049
CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Artificial Intelligence
Cayman Enterprise City Publishes Socio-Economic Impact Assessment by Economist and Leading Advisor on the Caribbean, Marla Dukharan
The Impact of Cayman Enterprise City’s Socio-Economic Development Project Nears USD $1 Billion
GRAND CAYMAN, Cayman Islands, May 16, 2024 /PRNewswire/ — Cayman Enterprise City (CEC) has released a Socio-Economic Impact Assessment by Marla Dukharan. The report illustrates that CEC is increasing its impact by supporting higher earnings for Caymanians and is driving a shift towards a knowledge-based economy by focusing on high productivity sectors. The release by Dukharan reads, “Caymanian resourcefulness and private sector-led innovation have been the driving force behind the islands’ outstanding socio-economic success. Cayman Enterprise City underpins the next generation of Cayman innovation and dynamism.”
With an economic impact of USD $130 million in 2023, contributing just under USD $1 billion to the local economic activity in 12 years since inception, “CEC is helping the nation to diversify economically, in terms of sectors and jobs, ensuring locals have economic and employment opportunities that match the nation’s progress,” the report reads.
The CEC socio-economic development project is now home to 352 Special Economic Zones Companies (SEZCos), many of which are globally recognised institutions led by top executives and industry experts. “CEC member companies are providing high-value employment with salaries exceeding those typically found outside of the special economic zone,” said Charlie Kirkconnell, Chief Executive Officer at CEC. “The CEC community is fully invested in Cayman and the report illustrates that the CEC socio-economic development project is making a very significant impact on Cayman’s economy and community.”
“As CEC continues to grow, it continues to create significant employment and entrepreneurial opportunities for Caymanians and we encourage anyone that might be interested in finding out how they might get involved, whether as a member of the community and/or as a volunteer in our Enterprise Cayman non-profit organisation (NPO).”
77% of Caymanian-held jobs at CEC member companies, are in sectors with high social returns and increasing global demand. “By putting skills first and prioritizing learning, CEC is enabling new industries to take root,” the release by Dukharan reads.
CEC, through its Enterprise Cayman NPO, is a first-mover in private sector-facilitated education and training in the Caribbean, making it a leading force to boost youth participation in the economy. By offering training in specialised skills, Enterprise Cayman is helping to close the gap in higher education and earnings for Caymanians. “Through Enterprise Cayman we’ve set out to strategically support meaningful employment and entrepreneurial opportunities for Caymanians, by providing internship and mentorship opportunities, by hosting skill-building and career focused training, and by providing invaluable networking and community engagement opportunities,” said Kirkconnell.
In 2023 individuals took advantage of 4,226 opportunities to participate in education, training, and career development events and, since launching entrepreneurial programming in 2021, Enterprise Cayman has worked with 41 new Cayman-born business ventures. “We’re helping to develop a local talent pool that meets the demand of Cayman’s growing digital innovation and technology sectors while, in parallel, offering exciting opportunities for individuals to launch new business ventures within an innovative business environment,” said Kirkconnell.
With CEC’s new campus and state-of-the-art facilities, Signal House, the project “holds the promise of deep, continued economic impact,” the report concludes.
To access CEC’s economic impact assessments and Enterprise Cayman’s annual reports please visit https://www.enterprisecayman.ky/reports. For more information on how to get involved and for upcoming programmes and events visit www.enterprisecayman.ky.
Website: www.caymanenterprisecity.com LinkedIn: @CaymanEnterpriseCityTwitter: @CEC_CaymanInstagram: @CaymanEnterpriseCityFacebook: @CaymanEnterpriseCityYouTube: @ceccayman
About Cayman Enterprise City
Cayman Enterprise City (CEC) is an award-winning development project which consists of three special economic zones (SEZs) focused on attracting knowledge-based and specialised-services businesses to set up a genuine physical presence in the Cayman Islands. The zones included within CEC are Cayman Tech City, Cayman Commodities & Derivatives Centre, and Cayman Maritime & Aviation City. With a dedicated Government Authority, licensing fee concessions and guaranteed fast-track processes, CEC enables international companies to quickly and efficiently establish a Cayman Islands office, which in turn enables them to generate active business income within a tax neutral environment.
About Enterprise Cayman
Enterprise Cayman is a non-profit organisation (NPO) powered by Cayman Enterprise City in partnership with Cayman Islands’ special economic zone companies (SEZCos). The organisation, which applies the Theory of Change (TOC) methodology, provides Caymanians and residents with access to high-quality learning experiences and opportunities to develop and launch new business ventures, to pursue careers within the technology and innovation sectors, and to join a dynamic network of industry professionals. Let’s grow the next generation of Caymanian innovators and entrepreneurs with Enterprise Cayman!
Logo: https://mma.prnewswire.com/media/1317764/2860789/Cayman_Enterprise_City_Logo.jpg
FOR MORE INFORMATION:Contact: Kaitlyn Elphinstone Email: [email protected]
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Artificial Intelligence
Strava Unveils New Chapter of Accelerated Product Development at Brand’s Flagship Event
The Company introduces increased product velocity, leveraging advancements in Artificial Intelligence, in service of its vision of a world connected through movement
LOS ANGELES, May 16, 2024 /PRNewswire/ — Strava, the leading digital community for active people with more than 125 million athletes, today showcased its latest initiatives and product developments at its annual event, Camp Strava. With the theme of Progress, Together company leaders announced how the platform will empower its global community to make progress in the way they explore, move, and connect on Strava.
“Strava is gaining momentum to realize our vision of a world connected through movement,” said Michael Martin, chief executive officer of Strava. “We are focused on two fundamental shifts to accelerate how we deliver value to 125 million people globally– building for women and leveraging Artificial Intelligence – which will unlock new community-and-partner-powered experiences across the platform.”
A New Era of Product VelocityStrava, with new leaders at the helm, is ushering in its next era of product velocity. The company listened closely to feedback from its global community and announced three of the most requested features coming to the platform by the end of the year.
The first of these updates, AI-enabled Leaderboard Integrity, will harness machine learning to automatically flag irregular, improbable, or impossible activities recorded to the platform. Trained by millions of activities, this feature allows all users on Strava to play fair and have more fun.
Additionally, the company announced a new Family Plan Subscription, the sister of the company’s Student Plan. With Family Plan, it’s easier to make a fitness commitment with your community by sharing an annual subscription with up to three other people – friends, family, or fitness family. Launching in select countries this summer, with plans to roll out globally by the end of the year, Strava’s newest annual subscription option offers the best value for groups (up to four), with a discount off the regular subscription price for each member.
Strava also implemented an updated design system, an initiative that is integral in driving a heightened pace of product innovation at the company. Through this work, Strava announced the launch of one of the company’s most requested features, Dark mode. Dark mode will improve the in-app experience for all users, reducing eye strain and improving accessibility while they record activity or scroll through the feed. Athletes can expect a rollout later this summer with options to keep their mobile settings always dark, always light, or match their device settings.
Company leaders highlighted several other features and updates to current products like Flyover, with its next iteration offering an overlay with activity stats and off-platform sharing capabilities. The overlay is available today for Strava subscribers and an off-platform sharing option will be released later this year.
Build for Her, Build for ManyStudies show that women of all ages participate in sports at a far lower rate than men, and overall, despite wanting to be active, find less time to dedicate to an active lifestyle. As the company continues on its mission to motivate people to live their best active lives, building for women on the platform will ultimately serve everyone in the Strava community. Several new features and initiatives were announced as a part of this strategic focus, which includes:
Night Heatmaps: Night Heatmaps show only activities between sundown and sunrise – so athletes can get an idea of which roads, trails, and paths are well-trafficked after hours. Since Night Heatmaps filter for after-hours routes, it can be a helpful tool for female athletes training before sunrise and after sunset.Quick Edit: For active women, having control over what is shared with the Strava community that cheers them on – like what time a run is logged – is important. Quick Edit makes it easier to make the most common edits – like activity name, and privacy settings so you can hide your start time, your map, or other workout stats.Strive for More®: The company announced a new phase of its Strive for More® initiative, created in 2022 to promote and support women in movement and sport. Today, Strava unveiled an official partnership with media company TOGETHXR to encourage more women to watch – and play – women’s sports. As part of the partnership, Strava will also donate $100,000 to the Alex Morgan Foundation, started by co-founder of TOGETHXR, Alex Morgan, to support their mission to help girls and women find confident paths forward in sports and life.Athlete IntelligenceToday, Strava announced the start of an accelerated product roadmap, outlining how Strava will implement the latest technological enhancements in AI and machine learning, to transform the athlete experience.
One key advancement to the platform includes the company’s latest development, Athlete Intelligence. Strava is introducing its beta AI-powered feature which turns each subscriber’s training data into an easily digestible summary that contextualizes their accomplishments and fitness goals. Unlike other AI-powered training services, Strava connects with thousands of devices, wearables, and fitness apps, so an athlete’s insights can consider their entire fitness story across multiple sports and modalities.
The features shared at Camp Strava will be released on a rolling basis through the end of the year. To view the full list of product releases and further details, visit www.press.strava.com.
For more information on Strava, to create a free account, or to start a free subscription trial visit www.strava.com.
About Strava Strava is the leading digital community for active people with more than 125 million athletes, in more than 190 countries. The platform offers a holistic view of your active lifestyle, no matter where you live, which sport you love and/or what device you use. Everyone belongs on Strava when they are pursuing an active life. Join the community, find motivation and discover new experiences with a Strava subscription.
Visit www.strava.com for more information and connect with Strava on Instagram, Twitter, Facebook, YouTube and LinkedIn.
Media Contact: [email protected]
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Artificial Intelligence
Japan Data Center Market Investment to Reach $14.48 Billion by 2028 – Watch Out Exclusive Insight on Japan & Hong Kong Data Center Market – Arizton
CHICAGO, May 16, 2024 /PRNewswire/ — Arizton publishes the latest research report on the Japan data center market and Hong Kong data center market.
The Japan Data Center Market to Witness Investments of $14.48 Billion by 2029.
Get Insights on 107 Existing Data Centers and 41 Upcoming Facilities across Japan.
The data center market in Japan is experiencing the emergence of self-built hyperscale data center facilities by major operators such as Google, Microsoft, and Amazon Web Services (AWS). This development is expected to impact the colocation market in Japan. Since these hyperscale operators store workloads in their own data center facilities, it may reduce the source of revenue generation for colocation operators.
Japan is a well-established data center market in the APAC region. The country supports investments with its macroeconomic policies and other incentives for investors. The market is witnessing several investments from local and global data center operators, further expanding its presence. Tokyo and Osaka are Japan’s major destinations for data center development, accounting for over 90% of the existing data center facilities. The government announced the offer of subsidies in Hokkaido and Kyushu for data center development and decentralize data centers from Tokyo and Osaka.
Investment Opportunities
In October 2023, SoftBank and its subsidiary, IDC Frontier, announced the plan to develop a new data center facility in Tomakomai City, Hokkaido. The company invested around $420 million toward the project, for which it received subsidies worth $190 million from the Ministry of Economy, Trade, and Industry. In July 2023, Internet Initiative Japan (IIJ) launched its second data center building at the Shiroi data center campus in Chiba Prefecture, Greater Tokyo. Once fully built, the campus will house four data center buildings. Furthermore, the company is involved in a third expansion initiative in its Matsue City campus (which will likely go live in 2025).In June 2023, Digital Edge, in partnership with Hulic, a real estate developer, announced the start of the construction of a new data center facility, TY07, in Tokyo. The facility is expected to go online by 2025.In April 2024, GDS Services partnered with Gaw Capital to develop a new data center campus in Fuchu City, Tokyo. Both companies will jointly invest toward developing a new data center facility, with the first phase slated to go online by 2026.To Buy this Research Now, Click: https://www.arizton.com/market-reports/japan-data-center-market-investment-analysis
Existing Vs. Upcoming Data Centers
Existing Facilities in the Region (Area and Power Capacity)TokyoOsakaOther CitiesList of Upcoming Facilities in the Region (Area and Power Capacity)TokyoOsakaOther CitiesVendor Analysis
IT Infrastructure Providers: Arista Networks, Atos, Broadcom, Cisco Systems, Dell Technologies, Fujitsu, Hewlett Packard Enterprise (HPE), Hitachi Vantara, Huawei Technologies, IBM, Inspur, Lenovo, NEC, NetApp, and Oracle.
Data Center Construction Contractors & Sub-Contractors: Arup, AECOM, Daiwa House Industry, Fuji Furukawa Engineering & Construction, Hibiya Engineering, ISG, Kajima Corporation, Keihanshin Building, Linesight, MARCAI DESIGN, Meiho Facility Works, Nikken Sekkei, NTT FACILITIES, Obayashi Corporation, SHINRYO Corporation, TAISEI Corporation.
Support Infrastructure Providers: 3M, ABB, Alfa Laval, Caterpillar, Cummins, Delta Electronics, Eaton, Fuji Electric, HITEC Power Protection, Johnson Controls, Kawasaki Heavy Industries, KOHLSER-SDMO, Legrand, Mitsubishi Electric, Rittal, Rolls-Royce, Schneider Electric, STULZ, Siemens, Vertiv.
Data Center Investors: AirTrunk, Alibaba Cloud, Amazon Web Services, AT TOKYO, Colt Data Centre Services, Digital Edge, Equinix, Fujitsu, Goodman, Google, IDC Frontier, Internet Initiative Japan (IIJ), MC Digital Realty, Microsoft, NTT Communications, SCSK Corporation (NETXDC), Telehouse, Tencent Cloud, TIS INTEC Group.
New Entrants: Ada Infrastructure, Edge Centres, CyrusOne, ESR, GDS Services, Keppel Data Centres, NEXTDC, Princeton Digital Group (PDG), SC Zeus Data Center, STACK Infrastructure, ST Telemedia Global Data Centres, Vantage Data Centers, Yondr.
The Hong Kong Data Center Market will Witness Investments of $4.80 Billion by 2029.
Get Insights on 54 Existing Data Centers and 12 Upcoming Facilities across Hong Kong.
The Hong Kong data center market is booming, driven by the increasing demand for digital services. The data center investments in Hong Kong over the next two to three years are expected to remain high due to the surge in demand and the significant boost due to the advancements in AI technologies. Investors are actively investing in this market.
Hong Kong is a mature and thriving market for data center development in the APAC region. Investors find it an attractive market owing to the high internet and social media usage levels, a robust business ecosystem, and excellent connectivity through both inland and submarine cables. Additionally, the deployment of 5G technology further enhances its appeal.
Hong Kong stands out globally for the incredibly high rates of cell phone and home broadband service usage. With around 300 licensed internet service providers, there is robust competition, providing data center operators with a wide range of choices.
Hong Kong is considered an attractive destination for businesses due to various reasons. Its proximity to mainland China and its import-export relations with major markets, such as China and the US, make it easier for businesses to operate. Additionally, the market has experienced significant growth in Foreign Direct Investment (FDI), ranking after countries like the UK, the US, and China.
Investment Opportunities
In December 2023, the company completed the core and shell construction of phase-1 of the MEGA IDC data center campus. The facility has already signed lease agreements with cloud service providers and international banks for its available space. The company plans to expand the campus through phase-2 during the forecast period.In March 2023, the company launched its seventh data center facility, MEGA Gateway, in Tsuen Wan. The facility is part of its connected MEGA campus.Goodman is among the major investors in the Hong Kong market, and it is continuously expanding its data center presence. In March 2024, the company announced the construction of the new Texaco data center facility in Tsuen Wan. The facility is a brownfield construction that involved the conversion of an industrial building into a data center facility. The facility is likely to go online by 2026.Over 60% Of Future Demand to Come from Cloud Service Providers
The Hong Kong data center market has the presence of on-premises data centers operated by educational institutions, the government, and financial services such as HSBC Bank. A significant decline in on-premises data centers will occur in the next three to five years owing to the increase in digitalizing initiatives across sectors and the strong growth in demand for colocation and cloud services. In addition, most existing service providers offer managed solutions to enterprise customers, which will likely grow in the market from 2024-2029.
The market has the presence of all global cloud operators, such as Amazon Web Services (AWS), Google, Microsoft, Alibaba Cloud, Huawei Cloud, and Tencent Cloud. This will propel the demand for wholesale colocation services through these service providers’ continuous expansion initiatives. The cloud segments will likely dominate capacity take-up over the next five years. In addition, the market will witness the entry of multiple global organizations to service customers through a local presence.
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Existing VS. Upcoming Data Centers
Existing Facilities in the Region (Area and Power Capacity)Tseung Kwan OKwai ChungTsuen WanFanlingFo TanChai WanTai PoOther LocationList of Upcoming Facilities in the Region (Area and Power Capacity)Tseung Kwan OKwai ChungTsuen WanFanlingFo TanChai WanTai PoOther LocationVendor Analysis
IT Infrastructure Providers: Arista Network, Atos, Cisco Systems, Dell Technologies, Fujitsu, Hewlett Packard Enterprise (HPE), Huawei Technologies, IBM, Inspur, Lenovo, NetApp.
Data Center Construction Contractors & Sub-Contractors: Arup, AtkinsRéalis, Aurecon, BYME Engineering, Chung Hing Engineers Group, Cundall, DSCO Group, Gammon Construction, ISG, Studio One Design.
Support Infrastructure Providers: ABB, Airedale, Caterpillar, Cummins, Delta Electronics, Eaton, Fuji Electric, KOHLER, Legrand, Mitsubishi Electric, Piller Power Systems, Rittal, Schneider Electric, Siemens, STULZ, Sumber, Vertiv.
Data Center Investors: AirTrunk, BDx, CITIC Telcom International, China Mobile International (CMI), China Unicom, Digital Realty, Equinix, ESR, GDS Services, Global Switch, Goodman, iTech Towers Data Centre Services, NTT DATA, SUNeVision Holdings (iAdvantage), Telehouse, Towngas Telecom (TGT), Vantage Data Centers.
New Entrants: Angelo Gordon and Mapletree Investments
Japan & Hong Kong Data Center Market Segmentation
IT Infrastructure
Servers
Storage Systems
Network Infrastructure
Electrical Infrastructure
UPS Systems
Generators
Transfer Switches & Switchgears
PDUs
Other Electrical Infrastructure
Mechanical Infrastructure
Cooling Systems
Rack Cabinets
Other Mechanical Infrastructure
Cooling Systems
CRAC & CRAH Units
Chiller Units
Cooling Towers, Condensers & Dry Coolers
Economizers & Evaporative Coolers
Other Cooling Units
General Construction
Core & Shell Development
Installation & Commissioning Services
Engineering & Building Design
Fire Detection & Suppression Systems
Physical Security
DCIM
Tier Standard
Tier I & Tier II
Tier III
Tier IV
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