Vietnam Data Center Storage Market Report Segments the Industry Into Storage Technology (Network Attached Storage (NAS), and More), Storage Type (Traditional Storage, and More), Data Center Type (Colocation Facilities and More), Form Factor(Rack-Mounted and More), Interface(sas / SATA, and More)and End User (IT and Telecommunication, and More). The Market Forecasts are Provided in Terms of Value (USD).

The Vietnam data center storage market was valued at USD 198.25 Million in 2024. The industry is expected to grow at a CAGR of 4.80% during the forecast period of 2025-2034 to attain a valuation of USD 316.83 Million by 2034.

Vietnam Data Center Storage Market was valued at USD 750 Million in 2023 and is expected to reach USD 1,542 Million by 2029 with a CAGR of 12.60% during the forecast period.

Gain insights into the Vietnam Data Center Storage Market, size at USD 512.97 billion in 2023, showcasing industry trends and opportunities.

The size of the Vietnam Data Center Storage market was valued at USD XXX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 4.87% during the forecast period.The need for more effective cloud computing, increasing government regulations on data security, and major investments by local players are said to make the Vietnam Data Center Storage Market grow significantly. Data center storage generally refers to highly specialized hardware and software systems devised to store, manage, and protect massive amounts of data in a data center environment. Services in several types of servers, SANs, NAS, and cloud storage solutions are providing such infrastructures. Growth in the finance sector, in the telecommunication sector, and in the growing e-commerce sector in Vietnam in data center infrastructures are spurred by this development for strong, scalable data storage. Government policies to promote digital transformation have further accelerated investment in the country in data center infrastructures. Recent developments include: August 2023: Lenovo unveiled the Lenovo ThinkSystem D4390 Direct, featuring storage expansion capabilities enriched with powerful 24Gbps SAS direct-attached drives. This design is crafted to offer density, speed, scalability, security, and high availability for high-capacity applications., October 2023: Dell Technologies enhanced its PowerFlex software-defined infrastructure platform to assist customers in the ongoing modernization of the data center storage experience. Dell PowerFlex 4.5 incorporates a broader range of supported operating systems (OS), improved alerting capabilities, a single-capacity namespace, and unified storage pool management.. Key drivers for this market are: Expansion of IT Infrastructure to Increase Market Growth, Increased Investments in Hyperscale Data Centers To Increase Market Growth. Potential restraints include: High Initial Investment Cost To Hinder Market Growth. Notable trends are: IT & Telecommunication Segment to Hold Major Share in the Market.

Vietnam Data Center Server Market Report Segments the Industry Into Type (Tier 1, Tier 2, and More), Form Factor(Half-Height Blades, Full-Height Blades, and More), End-User Verticals (BFSI, Manufacturing, and More), Data Center Type(Hyperscalers/Cloud Service Provider, and More) and by Application / Workload (Virtualisation and Private Cloud, Storage-Centric and More). The Market Forecasts are Provided in Terms of Value (USD).

The Vietnam Data Center Networking Market size was valued at USD 654 Million in 2024 and is projected to reach USD 1285 Million by 2032, growing at a CAGR of 5.10% from 2026 to 2032.

Key Market Drivers: • Digital Transformation Initiatives: Vietnam’s digital economy is quickly increasing, resulting in a significant need for data storage solutions. The Vietnam e-Government Development Index (EGDI) rose from 0.59 in 2018 to 0.69 in 2022, reflecting the government’s commitment to digital transformation, which fuels data center expansion. According to the Ministry of Information and Communications, Vietnam intends to have 80% of level-4 online public services by 2025, which will necessitate major data infrastructure investment.

• Cloud Computing Adoption: Cloud use is increasing in Vietnam’s commercial sector, resulting in a desire for more complex storage solutions. According to the Vietnam Ministry of Information and Communications, the cloud computing industry in Vietnam generated around $196 million in 2022.

The Vietnam Data Center Storage report provides a detailed analysis of emerging investment pockets, highlighting current and future market trends. It offers strategic insights into capital flows and market shifts, guiding investors toward growth opportunities in key industry segments and regions.

The Vietnam data center storage market, currently valued at $0.2 billion in 2025, exhibits robust growth potential. A compound annual growth rate (CAGR) of 4.87% projects significant expansion through 2033, driven by several key factors. The increasing adoption of cloud computing and big data analytics within the IT & telecommunication, BFSI (Banking, Financial Services, and Insurance), and government sectors fuels the demand for advanced storage solutions. Furthermore, the expanding media and entertainment industry in Vietnam contributes to this growth, requiring robust and scalable storage infrastructure to manage large volumes of data. The market's segmentation reveals a preference towards All-Flash storage, reflecting the need for high-speed data access and reduced latency. While traditional storage remains a significant segment, the transition towards faster and more efficient All-Flash and hybrid storage solutions is evident. This trend is further amplified by the increasing adoption of Network Attached Storage (NAS) and Storage Area Network (SAN) technologies over Direct Attached Storage (DAS) for improved scalability and centralized management. Competitive landscape features major players like Dell, NetApp, Kingston, and Seagate, all vying for market share through innovation and strategic partnerships. The continuous development of Vietnam's digital infrastructure and the government's push for digital transformation initiatives further bolster the market's optimistic outlook. The growth trajectory is expected to continue, with increasing demand from various end-user segments. However, potential restraints include infrastructural limitations in certain regions and concerns around data security and privacy. Despite these challenges, the long-term forecast for the Vietnam data center storage market remains positive, with continued growth driven by technological advancements, increasing digitalization, and government support. The market is poised to benefit from the ongoing expansion of data centers across Vietnam and the rise of data-intensive applications, thereby fostering significant opportunities for both established players and new entrants in the coming years. Recent developments include: August 2023: Lenovo unveiled the Lenovo ThinkSystem D4390 Direct, featuring storage expansion capabilities enriched with powerful 24Gbps SAS direct-attached drives. This design is crafted to offer density, speed, scalability, security, and high availability for high-capacity applications., October 2023: Dell Technologies enhanced its PowerFlex software-defined infrastructure platform to assist customers in the ongoing modernization of the data center storage experience. Dell PowerFlex 4.5 incorporates a broader range of supported operating systems (OS), improved alerting capabilities, a single-capacity namespace, and unified storage pool management.. Key drivers for this market are: Expansion of IT Infrastructure to Increase Market Growth, Increased Investments in Hyperscale Data Centers To Increase Market Growth. Potential restraints include: Expansion of IT Infrastructure to Increase Market Growth, Increased Investments in Hyperscale Data Centers To Increase Market Growth. Notable trends are: IT & Telecommunication Segment to Hold Major Share in the Market.

The Vietnam Data Center Market report segments the industry into Hotspot (Hanoi, Ho Chi Minh City, Others, Rest of Vietnam), Data Center Size (Large, Massive, Medium, Mega, Small), Tier Type (Tier 1 and 2, Tier 3, Tier 4), and Absorption (Non-Utilized, Utilized). Get five years of historical data alongside five-year market forecasts.

The size of the Vietnam Data Center market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 15.20% during the forecast period.A data center is a facility that offers computing systems and networking equipment used in the storage, processing, and transmission of data. These places provide the infrastructure needed by many organizations to carry out their IT operations, such as web hosting, email servers, and database servers. Data centers are critical for companies ranging from small startups to big businesses since they can guarantee business digital transformation and facilitate the implementation of critical business applications.Increasing numbers of people are going to browse over the internet and e-commerce increase across various corners of the country, also has had increased data center adoption due to governments forcing digital transformation. The digital demand for data center services due to Vietnamese businesses and more individuals embracing digital technologies goes up. The government provides policy support, such as allowing and establishing special economic zones or industrial parks, and brings in foreign investment in terms of the data center sectors.Markets will have large-scale, carrier-neutral data centers, which will deliver strong redundancy, high security and good connectivity. Data centers are designed with these requirements in view in support of the growing demand both for domestic and international firms that operate in Vietnam as it strengthens its digital infrastructure by attracting global technology companies and as such, it can expect the Vietnam data center market to continue growth. Recent developments include: September 2021: Viettel jointly conducted trials with Samsung in Da Nang. In early September 2021, Viettel partnered with Ericsson and Qualcomm to test and achieve 5G data transmission speeds over 4.7 Gbps.September 2021: VNPT upgraded its backbone and core networks, developed 4G, 5G and M2M/IoT platforms, conducted commercial tests of 5G services, and signed an agreement with Nokia to develop and apply new networking technologies.September 2019: In September 2019, HTC-ITC signed a contract with Delta Thailand to deploy a data center which complies with the Uptime Institute’s Tier 3 standards of Tier Certification of Data Center (TCDD) and Tier Certification of Constructed Data Center Facility (TCCF).. Key drivers for this market are: Increasing Need for Securing Confidential Data and Protection Against Data Loss, Growing Demand for Improving Archived Content across Channels; Ongoing efforts to promote Digitization at Workplaces. Potential restraints include: Transition from Legacy Systems Chips, Customization Challenges Leading to Implementation Issues. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The Vietnam Data Center Rack Market is Segmented by Rack Size (Quarter Rack, Half Rack, Full Rack) and by End User (IT & Telecommunication, BFSI, Government, and Media & Entertainment). The Market Sizes and Forecasts are Provided in Terms of Volume (Units) for all the Above Segments.

The size of the Vietnam Data Center Rack market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 7.70% during the forecast period.The Vietnam Data Center Rack Market is one of the country's rapidly growing data center industries. A data center rack is a standardized enclosure used to house and organize IT equipment, such as servers, networking devices, and storage systems, within a data center. These racks provide a structured and efficient way to manage, cool, and power IT infrastructure.The growth in Vietnam Data Center Rack Market is supported by factors such as increased adoption of cloud computing services, growing e-commerce and digital businesses, and government initiatives for the development of digital transformation. With businesses in Vietnam relying increasingly on digital technologies, demand for data center infrastructure, including racks, will be sustained in the future.The market is represented by a variety of different players, such as international vendors and local manufacturers. Key trends in the market are the increasing adoption of high-density racks to accommodate the growing demand for computing power, the integration of intelligent features such as remote monitoring and management, and focusing on energy efficiency to reduce operating costs. Recent developments include: January 2023: Asia Direct Cable (ADC) Lands the Hong Kong Segment at SUNeVision's Cable Landing Station. The ADC is a 9,600-kilometer submarine cable linking Hong Kong with mainland China, Japan, the Philippines, Singapore, Thailand, and Vietnam., May 2022: Australian Edge data center firm Edge Centres announced a new facility in Ho Chi Minh City, Vietnam. There were just under 1 MW of solar infrastructure, 48 hours of battery and UPS backup, and 64 1 kW of quarter rack capacity in each facility.. Key drivers for this market are: The Increasing Investments for the Expansion of 5G Network by Operators, Fiber Connectivity Network Expansion in the Country. Potential restraints include: Increasing Cybersecurity Threats and Ransomware Attacks, Low Availability of Resources. Notable trends are: IT & Telecom segment is expected to account for the highest market share among the end-user industries..

The Vietnam data center server market is experiencing robust growth, projected to reach $458.55 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 8.60% from 2025 to 2033. This expansion is fueled by several key drivers. The increasing adoption of cloud computing and digital transformation initiatives across various sectors, including IT & Telecommunications, BFSI (Banking, Financial Services, and Insurance), Government, and Media & Entertainment, is significantly boosting demand for data center servers. Furthermore, the government's focus on digital infrastructure development and supportive policies are creating a favorable environment for market growth. The market is segmented by form factor (blade, rack, tower servers) and end-user industry, with IT & Telecommunications likely holding the largest market share due to their high reliance on data centers. Competition is intense, with major players like Dell, Cisco, Kingston Technology, Inspur, Fujitsu, NEC, Oracle, Huawei, IBM, and Hewlett Packard Enterprise vying for market share through innovation and strategic partnerships. While specific restraints are not provided, potential challenges could include infrastructure limitations, cybersecurity concerns, and potential fluctuations in economic growth. The market's trajectory suggests continued expansion throughout the forecast period (2025-2033), driven by ongoing digitalization and increasing data storage needs. The historical period (2019-2024) likely saw a steady increase in market size, laying the foundation for the projected CAGR. The strong presence of multinational technology companies in Vietnam indicates a competitive landscape, encouraging innovation and pricing strategies. The growth will likely be uneven across different segments. For example, the rack server segment is expected to maintain a dominant position due to its scalability and cost-effectiveness. Similarly, the IT & Telecommunications sector will likely continue to be the leading end-user due to high data traffic demands. The government's digital initiatives will further stimulate growth in the government sector. Understanding these dynamics is crucial for businesses seeking to effectively penetrate and capitalize on this expanding market. Recent developments include: January 2023: The Cisco and Intel partnership will present new servers powered by the next generation of Intel Xeon processors. Intel unveiled the 4th Gen Intel Xeon Scalable processors, while Cisco introduced the new flexible, more powerful, and sustainable servers based on Intel innovation., August 2023: Hewlett Packard Enterprise announced that phoenixNAP is expanding its Bare Metal Cloud platform with cloud-native HPE ProLiant RL300 Gen11 servers, using energy-efficient processors from Ampere Computing. The expanded services support AI inferencing, cloud gaming, and other cloud-native workloads with improved performance and energy efficiency.. Key drivers for this market are: Increase in construction of new data centers, development of internet infrastructure, Increasing adoption of cloud and IoT services. Potential restraints include: Increase in construction of new data centers, development of internet infrastructure, Increasing adoption of cloud and IoT services. Notable trends are: IT & Telecommunication Segment To Hold A Major Share In The Market.

The Vietnam data center market is experiencing robust growth, driven by the nation's burgeoning digital economy, increasing cloud adoption, and government initiatives promoting digital transformation. Hanoi and Ho Chi Minh City, as major economic hubs, are the primary hotspots, accounting for a significant portion of the market share. The market is segmented by data center size (small, medium, mega, massive), tier type (Tier 1-4), and colocation type (hyperscale, retail, wholesale), reflecting a diverse range of service offerings catering to various customer needs. Key players include established telecommunication companies like Viettel, VNPT, and FPT Telecom, along with international players such as NTT and KDDI. The increasing demand for data storage and processing power from sectors like BFSI (Banking, Financial Services, and Insurance), e-commerce, and government agencies is fueling market expansion. The consistent growth in internet and mobile penetration rates further contributes to this positive trend. While challenges like infrastructure limitations and regulatory complexities exist, the overall market outlook remains optimistic, with a projected Compound Annual Growth Rate (CAGR) indicating substantial growth potential in the coming years. The forecast period (2025-2033) anticipates continued strong growth, driven by increased foreign direct investment in the technology sector and the expansion of 5G networks. The hyperscale segment is expected to witness significant expansion as global cloud providers continue to invest in Vietnam. Further segmentation by end-user industry highlights the varied demands and opportunities within the market. While precise market sizing data is not provided, a logical estimation based on regional trends and global data center market growth suggests substantial value creation in the coming decade. The focus will remain on developing modern, high-capacity facilities, especially Tier 3 and Tier 4 data centers, to meet the escalating needs of businesses and cloud providers. Competition is likely to intensify with both domestic and international companies vying for market share, leading to innovation in service offerings and pricing strategies. Recent developments include: September 2021: Viettel jointly conducted trials with Samsung in Da Nang. In early September 2021, Viettel partnered with Ericsson and Qualcomm to test and achieve 5G data transmission speeds over 4.7 Gbps.September 2021: VNPT upgraded its backbone and core networks, developed 4G, 5G and M2M/IoT platforms, conducted commercial tests of 5G services, and signed an agreement with Nokia to develop and apply new networking technologies.September 2019: In September 2019, HTC-ITC signed a contract with Delta Thailand to deploy a data center which complies with the Uptime Institute’s Tier 3 standards of Tier Certification of Data Center (TCDD) and Tier Certification of Constructed Data Center Facility (TCCF).. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The Vietnam data center construction market is experiencing robust growth, driven by increasing digitalization, e-commerce expansion, and the rising adoption of cloud computing services. The market, valued at approximately $XX million in 2025 (assuming a logical estimation based on typical market sizes for developing nations with similar technological adoption rates and the provided CAGR), is projected to maintain a Compound Annual Growth Rate (CAGR) of 8.84% from 2025 to 2033. This significant expansion reflects the country's commitment to enhancing its digital infrastructure to support economic development and attract foreign investment. Key drivers include government initiatives promoting digital transformation, the increasing demand for reliable data storage and processing capabilities across various sectors (finance, healthcare, and manufacturing), and the burgeoning need for low-latency connectivity for applications like 5G and IoT. Several trends further contribute to market growth. The increasing adoption of hyperscale data centers by major technology companies and cloud providers fuels demand for larger, more sophisticated facilities. Furthermore, a focus on sustainable data center design and operation, driven by environmental concerns and rising energy costs, is shaping the market. While challenges like high land costs in urban areas and potential regulatory hurdles might pose some restraints, the overall positive trajectory of the Vietnamese economy and the burgeoning digital sector strongly suggest continued growth in the data center construction market throughout the forecast period. Major players like SAS Institute Inc., IBM Corporation, and Schneider Electric SE are strategically positioning themselves to capitalize on these opportunities. Key drivers for this market are: Increased Migration to Cloud-based Business Operations, Rise of Green Data Centers; Government Support in the Form of Tax Incentives for Development of Data Centers. Potential restraints include: Higher Initial Investments and Low Availability of Resources. Notable trends are: Tier 3 is the Largest Tier Type.

The size of the Vietnam Data Center Construction market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 8.84% during the forecast period.Vietnamese data center construction market accelerates growth in the demand for cloud services and Vietnam's fast-scale digital transformation are what will propel the market in this country. In many cases, a data center consists of computer systems and networking hardware. They are engineered to provide safe, secure, and reliable storage, processing, and delivery of information and play a very important role in support for such industries like finance, healthcare, education, and commerce. These enabling policies by the Vietnamese government to develop digital infrastructure, strategic geographic locations, and relatively low labor costs attracted global technology giants, as well as local players' attention. Currently, the country has become one of the significant regional powerhouses in constructing data centers in Southeast Asia. Besides this, strong penetration of cloud computing, IoT, and big data analytics applications is also contributing to demand for capacity in Vietnam's data centers. Digital economy services and e-government services initiatives would energize growth in the data center construction market over the next few years, apart from this. Recent developments include: September 2021: Viettel jointly conducted trials with Samsung in Da Nang, in early September 2021. Viettel partnered with Ericsson and Qualcomm to test and achieve 5G data transmission speeds over 4.7 Gbps., September 2021: VNPT upgraded its backbone and core networks, and developed 4G, 5G, and M2M/IoT platforms. It conducted commercial tests of 5G services and signed an agreement with Nokia to develop and apply new networking technologies.. Key drivers for this market are: Increased Migration to Cloud-based Business Operations, Rise of Green Data Centers; Government Support in the Form of Tax Incentives for Development of Data Centers. Potential restraints include: Higher Initial Investments and Low Availability of Resources. Notable trends are: Tier 3 is the Largest Tier Type.

Vietnam Data Center Power Market size was valued at USD 320 Million in 2024 and is projected to reach USD 750 Billion by 2032, growing at a CAGR of 12.4% during the forecast period from 2026-2032.

Vietnam Data Center Power Market: Definition/Overview

Data center power infrastructure refers to the comprehensive electrical systems and supporting technologies designed to provide reliable, efficient, and uninterrupted power supply to computing and telecommunications equipment. These sophisticated power systems are essential for maintaining the continuous operation of servers, storage devices, networking equipment, and other critical digital infrastructures.

Vietnam Data Center Networking Market was valued at USD 501 Million in 2023 and is expected to reach USD 789 Million by 2029 with a CAGR of 7.71% during the forecast period.

The size of the Vietnam Data Center Networking market was valued at USD XXX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 6.84% during the forecast period.Data center networking can be defined as the connection infrastructure linking different components found in a data center. It offers efficient communication among different elements, which includes switches, routers, firewalls, and load balancers; these ensure smooth data communication between the servers, the storage systems, and the other network appliances.The demand for data center services in the country has been on the increase, mainly because of e-commerce, cloud computing, and other digital services. These in turn have pushed up the demand for the data center networking market in Vietnam. It is what prompts demand for scalable and robust networking solutions among businesses and organizations for using data centers for all their IT operations.The Vietnam data center networking market will experience tremendous growth in the coming years, primarily on account of increased government investment in digital infrastructure, growing adoption of advanced technologies like 5G and AI, and the growing need for data security and compliance. Recent developments include: April 2023: To expand their capabilities in a broader range of data centers, IBM introduced new single frame and rack mounting configurations of IBM z16 and IBM LinuxONE 4. Based on IBM's Telum processor, New options enable clients to adapt to the digital economy and are designed sustainably for highly efficient data centers., January 2023: In response to the growing demands of today's data center environment, Dell Inc. has introduced Power switch S520ON 25 GbE fixed switches consisting of all Technologies' latest disaggregated hardware switching and networking solutions that provide state-of-the-art high-density 25 GbE ports and a wide range of functionality. These switches provide optimum flexibility and cost-effectiveness for web 2.0, cloud service providers, and enterprises with demanding compute and storage network traffic environments.. Key drivers for this market are: Increasing Adoption of Cloud-Based Services, Rising Construction of Green Data Centers. Potential restraints include: Cybersecurity Threats and Ransomware Attacks. Notable trends are: IT & Telecommunication Segment Holds Major Share in the Market..