Vietnam Data Center Market Forecast 2025

Posted February 9, 2021 by sonikashukla98

Vietnam data center market was valued over USD 728 Million in 2019 and is projected to grow at a CAGR of 14.64% during the forecast period to reach USD 1641.04 Million by 2025.
Bharat Book Bureau Provides the Trending Market Research Report on “Vietnam Data Center Market By Solution (IT Infrastructure, Electrical Infrastructure, Mechanical Infrastructure, General Infrastructure and Others), By Type (Corporate and Web Hosting), By End User Industry (IT & Telecom, BFSI, Healthcare, Government and Others), By Region, Forecast & Opportunities, 2025 ”under Information Technology Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Vietnam data center market was valued over USD 728 Million in 2019 and is projected to grow at a CAGR of 14.64% during the forecast period to reach USD 1641.04 Million by 2025. Vietnam data center market is driven by the shifting of enterprises data to cloud platform. This has led to an increase in adoption of data storage solutions, which in turn is expected to positively influence the growth of the market. Additionally, growing adoption of big data solutions, IoT, and cloud based solutions, among others, is further expected to propel the market growth through 2025. Growing investment in building effective data center infrastructure and technological advancements are expected to create lucrative opportunities for the market growth until 2025.
Vietnam data center market is segmented based on solution, type, end user industry and region. Based on type, the market can be bifurcated into corporate and web hosting. Here, the corporate segment dominated the market in 2019 with share of 63.62% and is expected to continue dominance throughout the forecast period owing to the growing demand for data storage solutions among corporates. Furthermore, increase in the volumes of data being generated every day across these enterprises is further expected to drive the segmental growth.

Major players operating in the Vietnam data center market include FPT Corporation, Viettel - CHT Company Limited, Vietnam Posts and Telecommunications Group, KDDI Corporation, Hitachi Asia (Vietnam) Co. Ltd., Hewlett Packard Enterprise, SAP Vietnam Co. Ltd., IBM Vietnam Company Ltd., Microsoft Vietnam Limited Liability Company and Amazon Web Services Vietnam. The companies are developing advanced technologies and launching new products & services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product & service developments.

Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025

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In this report calculated the market size of Vietnam data center market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. In this report sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:
• Data center service provider companies, vendors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to data center
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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:
IT Infrastructure
Electrical Infrastructure
Mechanical Infrastructure
General Infrastructure
• Vietnam Data center Market, By Type:
Web Hosting
• Vietnam Data center Market, By End User Industry:
IT & Telecom
• Vietnam Data center Market, By Region:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Vietnam data center market.
Available Customizations:
With the given market data, TechSci 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).

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Tags data center , market , vietnam
Last Updated February 9, 2021