The Vietnam Data Center Market Report is Segmented by Data Center Size (Large, Massive, Medium, Mega, and Small), Tier Type (Tier 1 and 2, Tier 3, and Tier 4), Data Center Type (Hyperscale/Self-built, Enterprise/Edge, and Colocation), End User (BFSI, IT and ITES, E-Commerce, Government, Manufacturing, Media and Entertainment, Telecom, and More), and Hotspot. The Market Forecasts are Provided in Terms of IT Load Capacity (MW).

The Vietnam data center market will witness investments of USD 1.75 billion by 2030, growing at a CAGR of 17.93% during the forecast period.

Vietnam Data Center Power Market is Segmented by Component (Electrical Solutions, Services), Data Center Type (Hyperscaler/Cloud Service Providers, Colocation Providers, and More), Data Center Size (Small Size Data Centers, Medium Size Data Centers, Large Size Data Centers and More), Tier Type (Tier I and II, Tier III, Tier IV). The Market Forecasts are Provided in Terms of Value (USD)

The Vietnam data centre market reached approximately 162.40 MW in 2024. The market is projected to grow at a CAGR of 7.60% between 2025 and 2034, reaching a volume of around 337.84 MW by 2034.

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).

Vietnam Data Center Construction Market Report Segments the Industry Into Infrastructure (By Electrical Infrastructure, by Mechanical Infrastructure, General Construction), by Tier Type (Tier 1 and 2, Tier 3, Tier 4), by Data Center Type (Colocation, Self-Built Hyperscalers (CSPs) and More). The Market Sizes and Forecasts are Provided in Terms of Value (USD Million) for all the Above Segments.

Get expert insights on Vietnam Data Center Market, size at USD 2.5 billion in 2023, showcasing revenue trends and major players.

Vietnam Data Center Construction Market Size was valued at USD 0.79 Billion in 2024 and is projected to reach USD 1.33 Billion by 2032, growing at a CAGR of 6.7% from 2026 to 2032.

Key Market Drivers:

Government Support for Digital Transformation: The Vietnamese government's commitment to digital transformation is driving the data center construction market. Hanoi inaugurated its Core Data Centre Infrastructure in December 2024, bolstering digital government initiatives. The Ministry of Information and Communications aims to have 100,000 digital technology firms by 2025, with at least 10 generating over $1 billion in revenue.

Rising Demand for Cloud Services: The Vietnam cloud market is expected to reach $1.24 trillion by 2027, driven by the growing adoption of cloud computing services. This growth is driving the development of advanced data centers to support sectors like healthcare, education, and finance.

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.

The Vietnam data center colocation market size was valued at USD 148 million in 2024 and is expected to reach USD 673 million by 2030, growing at a CAGR of 28.71% during the forecast period.

The Vietnam data centre cooling market size reached around USD 69.28 Million in 2024. The market is projected to grow at a CAGR of 14.70% between 2025 and 2034 to reach nearly USD 273.05 Million by 2034.

The Vietnam Data Center Cooling Market report segments the industry into By Cooling Technology (Air-based Cooling, Liquid-based Cooling), By Type of Data Center (Hyperscale (Owned and Leased), Enterprise (On-premise), Colocation), and By End-user Industry (IT and Telecom, Retail and Consumer Goods, Healthcare, Media and Entertainment, Federal and Institutional Agencies, Other End-user Industries).

In Vietnam Data Center Networking Market is projected to grow from USD 26.45 billion in 2025 to USD 54.83 billion by 2031, at a CAGR of 12.8%

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

The Vietnam Data Center Power market is experiencing robust growth, projected to reach $397.10 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 6.84% from 2025 to 2033. This expansion is fueled by several key factors. The burgeoning digital economy in Vietnam, driven by increasing internet penetration, e-commerce adoption, and government initiatives promoting digital transformation, is significantly boosting demand for data center infrastructure. Furthermore, the rising adoption of cloud computing services and the increasing need for reliable power solutions for mission-critical data centers are contributing to market growth. Major players like Fujitsu, Caterpillar, ABB, Rittal, Rolls-Royce, Cisco, Cummins, Vertiv, Legrand, Schneider Electric, and Eaton are actively investing in this expanding market, offering advanced power solutions to meet the growing energy demands of data centers. Competition is likely to intensify as more companies enter the market, leading to price optimization and technological innovation. While challenges such as infrastructure limitations and potential power outages exist, the overall positive economic outlook and government support for the technology sector are expected to mitigate these risks and ensure continued market expansion. The consistent CAGR of 6.84% suggests a steady and predictable growth trajectory. While specific regional breakdowns and segment details are unavailable, we can infer that the strong overall growth is likely distributed across different regions of Vietnam, with urban centers experiencing the most significant demand. The market's segmentation is likely diverse, encompassing various power solutions like UPS systems, generators, and power distribution units. Continued investment in renewable energy sources within the country could further influence the market, potentially favoring solutions with higher energy efficiency and sustainability features. This presents opportunities for players offering environmentally friendly and cost-effective power solutions for data centers. Key drivers for this market are: Rising Adoption of Mega Data Centers and Cloud Computing, Increasing Demand to Reduce Operational Costs. Potential restraints include: High Cost of Installation and Maintenance. Notable trends are: IT & Telecommunication Segment Holds Major Share in the Market.

Vietnam Data Centers Portfolio Covers 28 Existing Data Centers and 21 Upcoming Data Centers.

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.

The Vietnam Data Center 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.

Vietnam Data Center Rack Market was valued at USD 101 Million in 2023 and is expected to reach USD 169 Million by 2029 with a CAGR of 8.87% during the forecast period.

Vietnam Hyperscale Data Center Market is Segmented by Data Center Type (Hyperscale Self-Build, Hyperscale Colocation), Component (IT Infrastructure, Electrical Infrastructure, and More), Tier Standard (Tier III, Tier IV), End-User Industry (Cloud and IT Services, Telecom, and More), Data Center Size (Large ≤25 MW, and More). The Market Size and Forecasts are Provided in Terms of Value (USD) and Volume (MW).