Vietnam data center market investment analysis and growth

DUBLIN, March 15, 2024 (Globe Newswire) — The Vietnam Data Center Market – Investment Analysis and Growth Opportunities 2024-2029 report has been added. ResearchAndMarkets.com Recruitment.

Vietnam data center market is expected to grow from $685 million in 2023 to $1,435 million by 2029, growing at a CAGR of 13.12% from 2023 to 2029

This report analyzes Vietnam data center market share. Detailed analysis of existing and upcoming equipment and investments in IT, electrical, mechanical infrastructure, general construction, and strata standards. Market size and investment estimates for various segments are discussed.

Vietnam’s data center market is home to several global contractors such as Aurecon, AWP Architects, and Sato Kogyo. The presence of global contractors in the market boosts the market through their expertise and resources. The country’s support infrastructure market is highly competitive with the presence of global vendors such as Cummins, Caterpillar, ABB, Eaton, and Legrand. Increased competitiveness is expected to reduce the price of infrastructure in the market, resulting in a decrease in OPEX. Data center operator.

Vietnam aims to achieve the status of a high-income economy by 2045, with particular emphasis on the development of the digital economy. The integration of digital transformation has not only led to time and cost savings for companies, but also increased transparency across various sectors. The national plan emphasizes the importance of digitally transforming eight sectors: finance and banking, health, education, agriculture, transport, logistics, energy, natural resources, environment, and manufacturing.

The use of big data and IoT is progressing in a variety of local industries. The government recently announced a national strategy on artificial intelligence, outlining plans to transform Vietnam into an innovation hub by 2030. As a case in point, VietinBank offers data warehousing, business intelligence (BI), and master data management (MDM) to enhance its capabilities.

In the early stages of 5G development, Vietnam plans to roll out 5G services in industrial parks, schools, research institutes, and government institutions. The government’s ambitious goal is for 100% of the population to be able to connect their devices to its 5G network by 2030. With 50 million internet users, Vietnam ranks among the top 20 countries in the world. While mobile connectivity has contributed to Vietnam’s development, the advent of 5G is expected to lay an important foundation for the next stage of Vietnam’s digital transformation.

In terms of IT infrastructure vendors, global companies such as Cisco Systems, Dell Technologies, Fujitsu, and Huawei Technologies dominate Vietnam’s data center market. Due to increased investments in the market, the presence of such companies is expected to increase in the coming years, leading to high availability of IT infrastructure.

Vietnam is a rapidly growing cloud computing and data center services market in the ASEAN region. He has more than 10 providers including local and overseas companies. Regions such as Binh Duong Province and Da Nang are seeing large investments in data centers. In Ho Chi Minh City, future investments will soon cover more than 75% of the area.

Why buy this study?

• Market size obtained by investment, area, power capacity, and Vietnam colocation market revenue.
• Assessing data center investments in Vietnam by colocation, hyperscale and enterprise operators.
• Investments in total area (square feet) and power capacity (MW) of the nation’s cities.
• Detailed study of the existing Vietnam Data Center market status, detailed industry analysis and insightful forecasts on the market size during the forecast period.
• Snapshot of existing and upcoming third-party data center facilities in Vietnam
• Target facilities (existing): 26 facilities
• Identified facilities (future): 06
• Coverage: 4+ cities
• Existing vs. future (area)
• Existing and future (IT load capacity)
• Vietnam data center colocation market
• Colocation Market Revenue and Forecast (2023-2029)
• Retail colocation pricing
• Investments in the Vietnam data center market are categorized into IT, power, cooling, and general construction services, and the size and forecast are presented.
• Comprehensive analysis of the industry’s latest trends, growth rates, potential opportunities, growth constraints, and prospects.
• Business overviews and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors active in the industry.
• Transparent research methodology and analysis of industry demand and supply aspects.

Key attributes:

Vendor scenery

IT infrastructure provider

• Cisco Systems
• Dell Technologies
• Fujitsu
• hewlett packard enterprise
• Huawei Technologies
• Hitachi Vantara
• IBM
• Internet Initiative (IIJ)
• juniper networks
• lenovo
• netapp
• NEC
• oracle

Data center construction contractors and subcontractors

• Aurecon
• archetype group
• AWP Architects
• Apave
• delta group
• green bet
• sato industry
• Universal Smart Data Center Technology (USDC Technology)

supporting infrastructure provider

• ABB
• caterpillar
• cummins
• cyber power systems
• delta electronics
• Eaton
• johnson controls
• Fuji Electric
• HITEC power protection
• Kohler-SDMO
• Legrand
• Mitsubishi Electric
• pillar power system
• narada
• Rittal
• schneider electric
• Stulz
• siemens
• Teco Denki
• train
• Vertive

data center investor

• CMC Telecommunications Infrastructure Corporation (CMC Telecom)
• FPT Telecom
• HTC Telecom International
• NTT Global Data Center
• VNTT
• telehouse
• Bethtel IDC
• VNPT
• VNG cloud

new entrant

• go capital
• edge center
• infrastructure cloud capital
• Worldwide DC solution

Existing vs. Future Data Center

• Existing facilities in the area (area and power capacity)
• Hanoi
• Ho Chi Minh City
• other city
• List of future facilities in the area (area and power capacity)
• Ho Chi Minh City
• other city

Report scope

IT infrastructure

network infrastructure

electrical infrastructure

• UPS system
• Generator
• Transfer switches and switchgear
• PDU
• Other electrical infrastructure

mechanical infrastructure

• cooling system
• rack cabinet
• Other mechanical infrastructure

cooling system

• CRAC and CRAH units
• chiller unit
• Cooling towers, condensers, dry coolers
• Other cooling units

General construction industry

• Core and shell development
• Installation and commissioning service
• engineering and architectural design
• Fire detection and extinguishing system
• physical security
• Data Center Infrastructure Management (DCIM)

tier standard

• Tier I and Tier II
• Tier III
• Tier IV

For more information on this report, please visit https://www.researchandmarkets.com/r/sgu8nl.

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• Vietnam data center market