Vietnam Data Center Market Investment Analysis Report 2024-2029: Growth Opportunities in IT, Electrical, Mechanical Infrastructure, General Construction, and Tier Standards

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Mar 18, 2024, 12:30 ET

DUBLIN, March 18, 2024 /PRNewswire/ -- The "Vietnam Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering.

The Vietnam data center market is expected to grow to $1.435 billion by 2029 from $685 million in 2023, growing at a CAGR of 13.12% from 2023-2029

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.

The Vietnam data center market has the presence of several global construction contractors such as Aurecon, AWP Architects, Sato Kogyo, and others. Global contractors' presence in the market boosts the market through their expertise and resources. The country's support infrastructure market is highly competitive due to global vendors such as Cummins, Caterpillar, ABB, Eaton, Legrand, etc. The increasing competitiveness is expected to decrease the price of infrastructure in the market and thus lead to a decrease in the OPEX of data center operators.

Vietnam aims to attain the status of a high-income economy by 2045, with a particular focus on advancing its digital economy. The integration of digital transformation has not only led to reduced time and costs for businesses but has also heightened transparency across various sectors. The National Plan underscores the significance of digitally transforming eight sectors: finance and banking, healthcare, education, agriculture, transport, logistics, energy, natural resources, environment, and manufacturing.

Big data and IoT utilization are rising across diverse regional industries. The government has recently introduced the National Strategy on Artificial Intelligence, outlining plans for transforming Vietnam into a focal point for innovation by 2030. As a case in point, VietinBank is proactively enhancing its data infrastructure by integrating data warehousing, Business Intelligence (BI), and Master Data Management (MDM) to strengthen its capabilities.

In the initial phase of 5G development, Vietnam plans to roll out 5G services in industrial parks, schools, research institutes, and government agencies. The government's ambitious goal is to ensure that 100% of the population has their devices connected to the 5G network by 2030. With 50 million internet users, Vietnam ranks among the top 20 countries globally. While mobile connectivity has been instrumental in the country's progress, the advent of 5G is anticipated to lay the crucial groundwork for the next stage of digital transformation in Vietnam.

Regarding IT infrastructure vendors, global firms such as Cisco Systems, Dell Technologies, Fujitsu, and Huawei Technologies dominate the Vietnam data center market. The presence of such companies is expected to grow in coming years owing to the increasing investment in the market and will lead to the high availability of IT infrastructure.

Vietnam is quickly growing as an ASEAN region's cloud computing and data center services market. There are over ten providers, including local and international companies. Areas like Binh Duong Province and Da Nang are seeing big investments in data centers. In Ho Chi Minh City, upcoming investments will soon cover more than 75% of the area.

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 Vietnam by colocation, hyperscale, and enterprise operators.
Investments in the area (square feet) and power capacity (MW) across cities in the country.
A detailed study of the existing Vietnam data center market landscape, an in-depth industry analysis, and insightful predictions about market size during the forecast period.
Snapshot of existing and upcoming third-party data center facilities in Vietnam
Facilities Covered (Existing): 26
Facilities Identified (Upcoming): 06
Coverage: 4+ Cities
Existing vs. Upcoming (Area)
Existing vs. Upcoming (IT Load Capacity)
Data Center Colocation Market in Vietnam
Colocation Market Revenue & Forecast (2023-2029)
Retail Colocation Pricing
The Vietnam data center 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.

VENDOR LANDSCAPE

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
Oracle

Data Center Construction Contractors & Sub-Contractors

Aurecon
Archetype Group
AWP Architects
Apave
Delta Group
GreenViet
Sato Kogyo
Universal Smart Data Center Technology (USDC Technology)

Support Infrastructure Providers

ABB
Caterpillar
Cummins
Cyber Power Systems
Delta Electronics
Eaton
Johnson Controls
Fuji Electric
HITEC Power Protection
KOHLER-SDMO
Legrand
Mitsubishi Electric
Piller Power Systems
Narada
Rittal
Schneider Electric
STULZ
Siemens
TECO Electric & Machinery
Trane
Vertiv

Data Center Investors

CMC Telecommunication Infrastructure Corporation (CMC Telecom)
FPT Telecom
HTC Telecom International
NTT Global Data Centers
VNTT
Telehouse
Viettel IDC
VNPT
VNG Cloud

New Entrants

Gaw Capital
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
List of Upcoming Facilities in the region (Area and Power Capacity)
Ho Chi Minh City
Other Cities

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
Rack Cabinets
Other Mechanical Infrastructure

Cooling Systems

CRAC & CRAH Units
Chiller Units
Cooling Towers, Condensers & Dry Coolers
Other Cooling Units

General Construction

Core & Shell Development
Installation & Commissioning Services
Engineering & Building Design
Fire Detection & Suppression Systems
Physical Security
Data Center Infrastructure Management (DCIM)

Tier Standard

Tier I & Tier II
Tier III
Tier IV

For more information about this report visit https://www.researchandmarkets.com/r/9ww17q

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