Vietnam Data Center Market Investment Analysis Report 2023: A $1,037 Million Market by 2028 Featuring New Players - Data Center First, Edge Centres, Infracrowd Capital, Worldwide DC Solutions
Vietnamese Data Center Market
Dublin, March 24, 2023 (GLOBE NEWSWIRE) -- The "Vietnam Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The Vietnam data center market size is expected to grow $1,037 million by 2028 from $561 million in 2022, growing at a CAGR of 10.68% from 2022 to 2028
This report analyses the Vietnam data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments.
With the implementation of the data localization law in Vietnam, data center investments are increasing on a YoY basis. The country is witnessing investments from new entrants such as Data Center First, Edge Centres, Infracrowd Capital, and Worldwide DC Solutions. Existing operators are expanding their presence in the country by investing in the new facility and expanding the existing facility.
Regarding network connectivity, the country has five existing submarine cables connecting to APAC & EMEA countries and the US. Asia Direct Cable (ADC) and Southeast Asia-Japan Cable 2 (SJC2) are the two upcoming submarine cables expected to be operational by 2023/2024.
The Government has launched the digitalization initiative known as Digital Transformation Program 2025 aims to transfer around 50% of the business to digital platforms by 2025. In the country, the 5G network connectivity increase drives the demand for edge data center deployment and offers last-mile connectivity and lower latency services.
In August 2022, Amazon Web Services (AWS) announced the launch of edge data centers in Hanoi and Ho Chi Minh City in Vietnam. In February 2022, the Ministry of Information and Communication of Vietnam announced its research plans for developing 6G technology to meet the demand from the fastest-growing technology sectors.
VENDOR LANDSCAPE
Ho Chi Minh City and Hanoi are the major locations in the Vietnam data center market, with 24 existing third-party data centers. Hanoi is the major location in Vietnam, with around 11 existing facilities.
Some key investors in the Vietnam data center market are Viettel IDC, NTT Global Data Centers, FTP Telecom, CMC Telecom, HTC Telecom International (ECODC), VNPT, and VNTT.
WHY SHOULD YOU BUY THIS RESEARCH?
Market size available in the investment, area, power capacity, and Vietnam colocation market revenue.
An assessment of the data center investment in v by colocation, hyperscale, and enterprise operators.
Investments in the area (square feet) and power capacity (MW) across states in the country.
A detailed study of the existing Vietnam data center industry landscape, an in-depth industry analysis, and insightful predictions about industry size during the forecast period.
Snapshot of existing and upcoming third-party data center facilities in Vietnam
a) Facilities Covered (Existing): 24
b) Facilities Identified (Upcoming): 07
c) Coverage: 4 Cities
d) Existing vs. Upcoming (Area)
e) Existing vs. Upcoming (IT Load Capacity)
Data center colocation market in Vietnam
a) Market Revenue & Forecast (2022-2028)
b) Retail Colocation Pricing
Vietnam market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.
Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
A transparent research methodology and the analysis of the demand and supply aspects of the industry.
Key Attributes:
Report Attribute | Details |
No. of Pages | 113 |
Forecast Period | 2022 - 2028 |
Estimated Market Value (USD) in 2022 | $561 Million |
Forecasted Market Value (USD) by 2028 | $1037 Million |
Compound Annual Growth Rate | 10.7% |
Regions Covered | Vietnam |
IT Infrastructure Providers
Cisco Systems
Dell Technologies
Fujitsu
Hewlett Packard Enterprise
Huawei Technologies
Hitachi Vantara
IBM
Internet Initiative Japan (IIJ)
Juniper Networks
Lenovo
NetApp
NEC Corporation
Oracle
Data Center Construction Contractors & Sub-Contractors
Aurecon
Archetype Group
AWP Architects
Apave
Delta Group
GreenViet
Sato Kogyo
Universal Smart Data Center Technology
Support Infrastructure Providers
ABB
Caterpillar
Cummins
Cyber Power Systems
Delta Electronics
Eaton
Fuji Electric
HITEC Power Protection
KOHLER Power
Legrand
Mitsubishi Electric
Panduit
Rittal
Schneider Electric
Siemens
STULZ
Trane (Ingersoll Rand)
Vertiv
Data Center Investors
CMC Telecom
FPT Telecom
HTC Telecom International (ECODC)
NTT Global Data Centers
Telehouse
VNTT
Viettel IDC
Vietnam Posts and Telecommunications Group (VNPT)
VNG Cloud
New Entrants
Data Center First
Edge Centres
Infracrowd Capital
Worldwide DC Solutions
EXISTING VS. UPCOMING DATA CENTERS
Existing Facilities in the region (Area and Power Capacity)
Hanoi
Ho Chi Minh City
Other Cities (Da Nang, and Binh Duong Province)
List of Upcoming Facilities in the region (Area and Power Capacity)
REPORT COVERAGE:
IT Infrastructure
Servers
Storage Systems
Network Infrastructure
Electrical Infrastructure
UPS Systems
Generators
Transfer Switches & Switchgears
PDUs
Other Electrical Infrastructure
Mechanical Infrastructure
Cooling Systems
Racks
Other Mechanical Infrastructure
General Construction
Core & Shell Development
Installation & commissioning Services
Engineering & Building Design
Fire Detection & Suppression
Physical Security
DCIM
Tier Standard
Tier I & Tier II
Tier III
Tier IV
For more information about this report visit https://www.researchandmarkets.com/r/slft02
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