PwC: Hong Kong is a super-connected person in the age of data assets

According to PwC's analysis data, the global data transaction scale is expected to climb to $301.10 billion by 2030, with a compound annual growth rate of 15%. The Hong Kong Special Administrative Region has become a pioneer in the "double cycle" of data elements with its unique advantages, and a super connector in the era of data assets. However, Hong Kong also faces challenges in the cross-border flow of data. For example, Hong Kong has not yet fully mastered the high-end technologies of the digital economy value chain such as federated learning and blockchain. Although it has a large number of listed digital economy enterprises, its core resources and influence are not yet in Hong Kong. In the era of data assets, Hong Kong is standing at a new historical starting point. PwC believes that Hong Kong will continue to play its unique location advantages and become a shining pearl in the global data transaction market.