Hong Kong's Sector Market Outlook slide image

Hong Kong's Sector Market Outlook

Hong Kong's Unparalleled Advantages Dynamic Startup Ecosystem 4,257 startups, +34% vs 2019 No. of Startups +6% InvestHK The Government of the Hong Kong Special Administrative Region of the People's Republic of China locations of co-work spaces! +43% vs 2019 132 incubators/ accelerators, 16,453 employees, +32% vs 2019 No. of +6% No. of Staff +7% Locations +7% +12% 4,257 +26% 132 132 3,985 124 +6% 3,755 116 +21% +16% 3,360 3,184 92 +10% +8% 16,453 +31% 12,478 -14% +29% 13,804 14,932 10,688 ミロロ 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 Total no. of startups Total no. of staff* Total no. of locations Top 5 Industries of Startups • FinTech E-Commerce/ Supply chain management/ LogTech Information, computer and technology Education and learning Data Analytics Origin of Founders 26% Overseas, Mainland China and Taiwan founders Hong Kong Home-grown Unicorns WeLab KLOOK BitMEX animoca BRANDS HASHKEY LALAMOVE 6% 68% returnees Hong Kong SmartMore TNG 香港人的電子錢包 Source: 2023 Startup Survey 6
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