Vietnam Data Center Market - Investment Analysis & Growth Opportunities 2025-2030

The Vietnam data center market by investments is expected to grow at a CAGR of 17.93% from 2024 to 2030.

KEY HIGHLIGHTS

• In 2024, the Vietnam data center market witnessed some new entrants such as Epsilon Telecommunication (KT Corporation), Gaw Capital, and Infracrowd Capital, which will further increase competitiveness in the market in the future and lead to increasing revenue generation for contractors and infrastructure vendors.
• The Vietnamese government aims to achieve net-zero carbon emissions by 2050. It also plans to increase the share of renewable energy in the country's energy mix to around 39% by 2030 as part of its sustainability goals. Data center operators are also aiming for sustainability. For instance, in April 2024, Viettel announced that it had launched its green AI-ready data center with a power capacity of around 30MW.
• The development of AI-ready data centers in the Vietnam data center industry is growing steadily. In April 2024, Viettel announced the launch of its green AI-ready data center in Vietnam with a power capacity of around 30MW.
• With the rising adoption of HPC technologies, the market is also expected to witness the adoption of liquid cooling solutions in the coming future.
• In November 2024, the Vietnam government announced that it had approved a new Law on Personal Data Protection. It will officially come into effect in the second half of 2025.
• In July 2024, the Vietnamese government introduced a law under which foreign investors can now fully own data centers in the country.

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.
• Data center 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 the Vietnam data center 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): 11
• Coverage: 4+ Cities
• Existing vs. Upcoming (Data Center Area)
• Existing vs. Upcoming (IT Load Capacity)
• Data center colocation market in Vietnam
• Colocation Market Revenue & Forecast (2021-2030)
• Retail vs Wholesale Colocation Market Revenue & Forecast (2021-2030)
• Retail & Wholesale Colocation Pricing
• The Vietnam data center landscape 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 market.
• Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the market.
• A transparent research methodology and the analysis of the demand and supply aspects of the market.

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)
• Hanoi
• Ho Chi Minh City
• Other Cities

REPORT COVERAGE:

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 segmentation includes:

• 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

TARGET AUDIENCE

• Real Estate Investment Trusts
• Construction Contractors
• Infrastructure Providers
• New Entrants
• Consultants/Consultancies/Advisory Firms
• Corporate and Government Agencies

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
• USDC Technology

Support Infrastructure Providers

• ABB
• Caterpillar
• Cummins
• Cyber Power Systems
• Delta Electronics
• Eaton
• Johnson Controls
• Fuji Electric
• Hitec Power Protection
• Rehlko
• Legrand
• Mitsubishi Electric
• Piller Power Systems
• Narada
• Rittal
• Schneider Electric
• STULZ
• Siemens
• TECO Electric & Machinery
• Trane
• Vertiv

Data Center Investors

• CMC Telecom
• Edge Centres
• FPT Telecom
• Hanoi Telecom (ECODC)
• NTT DATA
• ST Telemedia Global Data Centres
• Viettel IDC
• VNPT
• VNTT

New Entrants

• Epsilon Telecommunications (KT Corporation)
• Gaw Capital
• Infracrowd Capital

KEY QUESTIONS ANSWERED:

1. How big is the Vietnam data center market?

2. How many existing and upcoming data center facilities exist in Vietnam?

3. How much MW of power capacity will be added across Vietnam during 2025-2030?

4. What is the growth rate of the Vietnam data center market?

5. What factors are driving the Vietnam data center market?

6. Who are the key investors in the Vietnam data center market?