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 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.

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.

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.

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).

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

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 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 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 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 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.

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.

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.

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.

The Vietnam Data Center Power Market is poised to exhibit a substantial CAGR of 6.84% during the forecast period of 2025-2033. The market size was valued at USD 397.10 million in 2025 and is projected to reach USD 654.95 million by 2033. Key drivers of this growth include the rapidly expanding IT and telecommunications sector in Vietnam, rising demand for data storage and processing, and increasing adoption of cloud computing and virtualization technologies. Major trends shaping the market include the growing popularity of modular data centers, which offer increased flexibility and scalability, and the emergence of renewable energy sources, such as solar and wind power, as sustainable alternatives to traditional power generation methods. However, challenges such as rising energy costs and stringent environmental regulations may hinder market growth to some extent. The market is segmented based on power infrastructure, service, and end-user, with the IT & telecommunication sector accounting for a significant share of the market. Leading companies in the market include Fujitsu Limited, Caterpillar Inc, Rolls-Royce PLC, Eaton Corporation, and Schneider Electric SE. Vietnam's data center power market is poised for significant growth in the coming years, driven by the increasing adoption of cloud computing, big data analytics, and artificial intelligence. The market is expected to grow from USD 250 million in 2023 to USD 650 million by 2028, at a CAGR of 15.2%. Recent developments include: January 2024: Vertiv announced plans to double its manufacturing capacity for busway, switchgear, and integrated modular solutions (IMS) by 2025. The expansion plans include increasing the utilization and footprint in the United Arab Emirates, Ireland, South Carolina (United States), Mexico, Slovakia, and Northern Ireland., December 2023: Eaton, an intelligent power management company, announced the launch of its new Rack PDU G4 (4th generation), which provides high security and a business continuity data center. It also combines with C39 outlets that securely connect both C14 and C20 power cords, backed by a locking mechanism and a built-in high retention system that secures the power cord.. 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 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 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.

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