Report Description

Vietnam Data Center Market is anticipated to register a steady CAGR during the forecast period of 2024-2028. The increasing number of data centers as a result of increased government and major company investment in IT infrastructure, as well as the fast movement of businesses to a cloud environment, are driving the expansion of the data center industry in Vietnam. Furthermore, increased 5G penetration and adoption of new technologies including  AI, IoT, machine learning, big data, and so on are moving the data center industry forward. However, the high risks of hacking and cybersecurity concerns may function as a significant impediment to market growth. Telecom companies, followed by colocation operators, dominate the Vietnam data center market. Furthermore, new investors such as Data Center First and Edge Centres are entering the Vietnam data center industry with plans to establish data centerss in the nation. The Vietnamese government has worked tirelessly to strengthen the country's digital economy. According to the Chairman of the Vietnam Digital Communication Association (VDCA), the digital economy will account for around 20% of Vietnam's overall GDP by 2025.

USDC Technology, a key player in the Vietnam Data Center market, has collaborated with Huawei Vietnam to offer customers a next-generation modular data center solution that includes complete integration of cabinets, power supply, distribution systems, cooling systems, cabling systems, management software, and much more.

The Vietnam data center market is predicted to develop significantly over the forecast period, leading to an increase in data center complexity because of scalability. Furthermore, the rise in businesses’ use of high-end cloud computing in developing regions promotes the development of the data center market of Vietnam throughout the forecast period. Furthermore, increased investment in data center applications is likely to drive market growth.

Increasing Modular Data Center Design & Deployment

The continuous growth of a data center facility's design and engineering by major operators and architectural and engineering companies will result in several breakthroughs in the construction and operation of a data center. Modular data center construction addresses issues such as high PUE, high running expenses of traditional data center, and significant environmental impact. Modular data center deployment, which uses a templated plug-and-play technique to assemble modules, simplifies requirement collection for each material type, resulting in very little or no waste. As a result, the Vietnam Data Center market is anticipated to grow quickly throughout the course of the projected period.

Cloud Adoption is Driving Demand for Data Center

The edge cloud is a new approach of establishing cloud data centers at several places closer to consumers, which is being aided by the increased deployment of modular data centers. Cloud edge computing capabilities are being pursued by major cloud service providers such as Google, Amazon Web Services (AWS), and Microsoft Azure. Big data and IoT are driving the modular data center market because modular systems provide flexibility to enable HPC technologies such as IoT and big data. Moreover, the demand for modular data center is anticipated to rise significantly over the course of the projected period. The rise in data privacy concerns, along with rising demand for managed services, is serving as a key barrier to early adoption, impeding industry expansion. On the contrary, an increase in datacenter technology spending as well as increased use of multi-cloud and network upgrades to enable 5G technology are expected to give lucrative prospects for datacenter market development over the forecast period.


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Market Segments

Vietnam Data Center Market is divided on the basis of solution, type, end user industry, region and competitive landscape. Based on Solution, the market is further segmented  into IT infrastructure, general infrastructure, mechanical infrastructure and other infrastructure. Based on type, the market is segmented into corporate and web hosting. Based on end user industry, the market is further segmented into IT & Telecom, BFSI, government, and healthcare.


Market Players

Major market players in Vietnam Data Center Market are FPT Corporation, Viettel-CHT Ltd. Co, Vietnam Posts and Telecommunications Group, Microsoft Vietnam Limited Liability Company, Hitachi Asia (Vietnam) Co. Ltd, Legrand SNC FZE, Hewlett Packard Enterprise, IBM Vietnam Company Ltd, UNIVERSAL SMART DATA CENTER TECHNOLOGY and SAP Vietnam Co. Ltd and KDDI Corporation.

Recent Developments

  • Eaton announced app Tripp Lite in January 2022 as a practical choice for connecting and operating network devices in industrial settings such as factories and data warehouses. 
  • In May 2021, Kerlink and Cloud Energy, a Vietnamese IoT company, teamed together to create fresh approaches for IoT services in outlying areas around Ho Chi Minh City as well as to work together on smart-building and energy-management projects.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023E

Forecast Period

2024F – 2028F

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023E-2028F

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

By Solution

By Type

By End User Industry

By Region

Regional scope

North Vietnam, Central Vietnam, South Vietnam

Key companies profiled

FPT Corporation, Viettel-CHT Ltd. Co, Vietnam Posts and Telecommunications Group, KDDI Corporation, Hitachi Asia (Vietnam) Co. Ltd, Hewlett Packard Enterprise, SAP Vietnam Co. Ltd, Microsoft Vietnam Limited Liability Company, IBM Vietnam Company Ltd, Universal Smart Data Center Technology

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, Vietnam Data Center Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

            ·         Vietnam Data Center Market, By Solution:

o   IT Infrastructure

o   General Infrastructure

o   Mechanical Infrastructure

o   Other Infrastructure

  • Vietnam Data Center Market, By Type:

o    Corporate

o    Web Hosting

  • Vietnam Data Center Market, By End User Industry:

o   IT & Telecom

o   BFSI

o   Government

o   Healthcare

            ·         Vietnam Data Center Market, By Region:

o   North Vietnam

o   Central Vietnam

o   South Vietnam

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vietnam Data Center Market.

Available Customizations:

Tech Sci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Vietnam Data Center Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Service Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Impact of COVID-19 on Vietnam Data Center Market

4.    Executive Summary

5.    Voice of Customers

5.1.  Brand Awareness

5.2. Key Factors Considered while Purchasing Data Center

5.3.  Brand Satisfaction Level

5.4.  Technological Awareness

6.    Vietnam Data Center Market Outlook

6.1.  Market Sector & Forecast

6.1.1.   By Value

6.2.  Market Share & Forecast

6.2.1.   By Solution (IT Infrastructure, General Infrastructure, Mechanical Infrastructure and Other Infrastructure)

6.2.2.   By Type (Corporate and Web Hosting)

6.2.3.   By End User Industry (IT & Telecom, BFSI, Government, and Healthcare)

6.2.4.   By Region

6.3.  Market Map

7.    North Vietnam Data Center Market Outlook

7.1.  Market Size & Forecast

7.1.1.   By Value

7.2.  Market Share & Forecast

7.2.1.   By Solution

7.2.2.   By Type

7.2.3.   By End User Industry

8.    Central Vietnam Data Center Market Outlook

8.1.  Market Size & Forecast

8.1.1.   By Value

8.2.  Market Share & Forecast

8.2.1.   By Solution

8.2.2.   By Type

8.2.3.   By End User Industry

9.    South Vietnam Data Center Market Outlook

9.1.  Market Size & Forecast

9.1.1.   By Value

9.2.  Market Share & Forecast

9.2.1.   By Solution

9.2.2.   By Type

9.2.3.   By End User Industry

10. Market Dynamics

10.1.  Drivers

10.1.1. Cloud adoption is driving demand for data centers.

10.1.2.Increased 5G Network Connectivity

10.1.3.Increased usage of artificial intelligence (AI), the Internet of Things (IoT), big data, and digital transformation.

10.2.  Challenges

10.2.1.Data security is a recurring topic in data center networking issues.

10.2.2. Failure risks from Data Center might limit market growth.

11. Market Trends & Developments

11.1.  The growing use of advanced technologies is fueling the growth of the data center market.

11.2.  low-cost Data Center solutions

11.3.  Submarine cable investment is growing.

12. Policy & Regulatory Landscape

13. Vietnam Economic Profile

14. Company Profiles

14.1.  FPT Corporation

14.1.1. Business Overview

14.1.2. Key Revenue and Financials (If available)

14.1.3. Recent Developments

14.1.4. Key Personnel

14.1.5. Key Product/Services

14.2.   Viettel-CHT Ltd. Co

14.2.1. Business Overview

14.2.2. Key Revenue and Financials (If available)

14.2.3. Recent Developments

14.2.4. Key Personnel

14.2.5. Key Product/Services

14.3. Vietnam Posts and Telecommunications Group

14.3.1. Business Overview

14.3.2. Key Revenue and Financials (If available)

14.3.3. Recent Developments

14.3.4. Key Personnel

14.3.5. Key Product/Services

14.4.  KDDI Corporation 

14.4.1. Business Overview

14.4.2. Key Revenue and Financials (If available)

14.4.3. Recent Developments

14.4.4. Key Personnel

14.4.5. Key Product/Services

14.5. Hitachi Asia (Vietnam) Co. Ltd

14.5.1. Business Overview

14.5.2. Key Revenue and Financials (If available)

14.5.3. Recent Developments

14.5.4. Key Personnel

14.5.5. Key Product/Services

14.6. Hewlett Packard Enterprise

14.6.1. Business Overview

14.6.2. Key Revenue and Financials (If available)

14.6.3. Recent Developments

14.6.4. Key Personnel

14.6.5. Key Product/Services

14.7.  SAP Vietnam Co. Ltd

14.7.1. Business Overview

14.7.2. Key Revenue and Financials (If available)

14.7.3. Recent Developments

14.7.4. Key Personnel

14.7.5. Key Product/Services

14.8.  Microsoft Vietnam Limited Liability Company

14.8.1. Business Overview

14.8.2. Key Revenue and Financials (If available)

14.8.3. Recent Developments

14.8.4. Key Personnel

14.8.5. Key Product/Services

14.9.     IBM Vietnam Company Ltd

14.9.1.    Business Overview

14.9.2.    Key Revenue and Financials (If available)

14.9.3.    Recent Developments

14.9.4.    Key Personnel

14.9.5.    Key Product/Services

14.10.  UNIVERSAL SMART DATA CENTER TECHNOLOGY

14.10.1. Business Overview

14.10.2. Key Revenue and Financials (If available)

14.10.3. Recent Developments

14.10.4. Key Personnel

14.10.5. Key Product/Services

15. Strategic Recommendations

1.1.     The key focus should be on top cities of all regions.

1.2.     The key focus should be commercial sector.

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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A data center is a physical room, building, or facility that houses IT infrastructure for developing, running, and delivering applications and services, as well as storing and managing data related to those applications and services.

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Increased usage of artificial intelligence (AI), the Internet of Things (IoT), big data, and digital transformation and increased 5G network connectivity, are the major drivers of Vietnam Data Center Market.

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The South Vietnam is the fastest growing region in the Vietnam Data Center Market as the region has the highest usage of Internet services.

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Main market players in Vietnam Data Center Market are FPT Corporation, Viettel-CHT Ltd. Co, Vietnam Posts and Telecommunications Group, KDDI Corporation, Hitachi Asia (Vietnam) Co. Ltd, Hewlett Packard Enterprise, SAP Vietnam Co. Ltd, Microsoft Vietnam Limited Liability Company, IBM Vietnam Company Ltd, Universal Smart Data Center Technology.

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Sakshi Bajaal

Business Consultant
Press Release

Vietnam Data Center Market is Expected to Register a Steady CAGR During the Forecast Period, 2024-2028

May, 2023

Artificial intelligence (AI), the Internet of Things (IoT), big data, and digital transformation, as well as rising internet penetration, are expected to propel the Vietnam Data Center Market in the