BMI View: Hong Kong has one of the most developed IT markets in the world, with a high penetration of products and services, as well as an emerging position as a regional datacentre and cloud services hub. The key sector of the economy will continue to be Hong Kong’s large financial services industry, a target for cloud computing providers. Despite this high penetration of products and services we forecast strong medium-term growth as consumers and enterprises adopt the latest trends including cloud computing, tablets and hybrids/convertibles. We forecast IT spending in Hong Kong will reach HKD45.3bn in 2013, with growth …
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