According to TechSci Research report, “Vietnam Data Center Market – By Region, Competition Forecast & Opportunities, 2030F, Vietnam Data Center Market has valued at USD 1578 Million in 2024 and is expected to reach USD 3531.7 Million in 2030 and project robust growth in the forecast period with a CAGR of 14.2% through 2030. This upward trajectory is powered by rapid digitalization, surging internet penetration, widescale mobile adoption, and a national push toward a thriving digital economy.
Request For Sample Copy of Report For More Detailed Market insight: https://www.techsciresearch.com/sample-report.aspx?cid=4990#requestform
As businesses shift toward cloud-based operations, smart technology integration, and data-intensive applications, the demand for secure, scalable, and high-performance data centers has intensified. The rollout of 5G, expansion of Industry 4.0, and increasing reliance on hybrid and multi-cloud architectures continue to elevate Vietnam’s need for advanced data hosting capabilities. The influx of global technology firms, combined with improved regulatory support and investment incentives, further strengthens the long-term growth outlook.
Industry Key Highlights
-
Market size in 2024: USD 1,578 Million
-
Expected market size by 2030: USD 3,531.7 Million
-
CAGR (2024–2030): 14.2%
-
Rapid cloud adoption is driving enterprise-grade data center investments.
-
Central Vietnam is the fastest-growing region, supported by strategic location and economic development.
-
Corporate segment dominates, fueled by digital transformation across major industries.
-
Massive growth expected from 5G rollouts, smart city initiatives, and IoT ecosystem expansion.
-
Foreign players increasing investment in hyperscale and colocation facilities.
-
Strong government support for digital economic development and data sovereignty.
-
Rising preference for green, energy-efficient data centers.
-
Vietnam is becoming an emerging digital hub in Southeast Asia.
Market Overview
Vietnam’s digital revolution is reshaping the nation’s technological infrastructure. With rising smartphone usage, expanding 4G and 5G networks, and growing social media and e-commerce penetration, data consumption is skyrocketing. This explosion of online activity is fueling the demand for sophisticated data center services capable of supporting large-scale content delivery, cloud computing, fintech innovations, and digital entertainment.
Data centers now serve as the backbone of Vietnam’s economic transformation. They enable enterprises, government bodies, telecom operators, hospitals, and financial institutions to operate efficiently, store vast datasets, and deliver high-quality digital solutions to millions of users.
Market Drivers
1. Explosive Internet and Smartphone Penetration
Vietnam has experienced remarkable growth in internet and mobile connectivity. Affordable smartphones, strong telecom infrastructure, and cost-effective data plans have led to a “mobile-first” consumer base. Online retail, entertainment, financial services, and on-demand content have become mainstream, placing intense pressure on data infrastructure.
2. Upcoming 5G Rollout & Low-Latency Demand
5G deployment marks a new era for Vietnam, unlocking enormous opportunities for digital innovation. 5G requires:
-
higher bandwidth capacity
-
lower latency
-
denser edge computing infrastructure
-
high-performance data processing
Applications such as AR/VR, autonomous vehicles, smart transportation, advanced healthcare systems, and industrial automation rely on robust data center support. As 5G-enabled use cases scale, demand for hyperscale and edge data centers will soar.
3. Rapid Cloud Adoption Across Enterprises
Vietnamese companies are shifting toward cloud-based platforms to:
-
enhance operational flexibility
-
reduce capital IT expenditure
-
support remote work models
-
adopt AI, analytics, and IoT ecosystems
Hybrid cloud and multi-cloud environments are becoming standard, contributing to higher investments in colocation and hyperscale data centers.
Emerging Trends
1. Rise of Green & Energy-Efficient Data Centers
Sustainability is becoming a top priority. Investors are increasingly adopting:
-
renewable energy sources (solar, wind)
-
energy-efficient cooling systems
-
low-carbon architectural designs
-
advanced power management systems
These innovations support Vietnam’s clean energy goals and reduce operational costs.
2. Hyperscale and Colocation Infrastructure Boom
Global technology companies and cloud providers are exploring Vietnam for:
-
hyperscale data centers
-
large-capacity colocation facilities
-
build-to-suit enterprise data centers
The rising digital workload is accelerating investments from multinational giants, telecom operators, and domestic enterprises.
3. Edge Data Center Development
With the expansion of IoT, autonomous systems, and smart city projects, edge computing is becoming critical. Edge data centers:
-
reduce latency
-
enable real-time processing
-
support 5G architecture
-
enhance user experience
These small, decentralized facilities are expected to grow rapidly in Central and Southern Vietnam.
4. Increased Use of AI & Automation in Data Center Management
AI and machine learning tools are increasingly being deployed for:
-
predictive maintenance
-
cooling optimization
-
workload balancing
-
security monitoring
-
energy consumption management
Automation improves efficiency, reduces downtime, and ensures optimal performance.
5. Strengthening Data Security and Compliance Requirements
Cybersecurity is a top concern for enterprises dealing with sensitive data. This drives investments in:
-
secure private cloud architectures
-
advanced encryption systems
-
real-time threat detection
-
compliance-ready infrastructure
Industries such as BFSI, government, and healthcare demand particularly stringent data protection standards.
Key market players in the Vietnam Data Center market are:-
- Equinix Inc.
- Digital Realty Trust Inc.
- NTT Communications Corporation
- Global Switch Limited
- Telstra Group Limited
- CyrusOne LLO
- Kyndryl Inc.
- KDDI Corporation
- STT GDC Pte Ltd
- Lumen Technologies Inc.
Customers can also request for 10% free customization on this report.
Competitive Strategies Observed
-
Expansion of Hyperscale Facilities
Global players are building large-scale data centers to support cloud and content delivery. -
Strategic Partnerships and Joint Ventures
Collaboration with telecom providers and government agencies is increasing. -
Focus on Green Data Center Development
Sustainability initiatives are being prioritized to reduce energy consumption. -
Investment in Edge Computing
Players are establishing decentralized edge facilities to support 5G and IoT. -
Service Differentiation Through Security and Compliance
Enhanced security frameworks and regulatory compliance capabilities are major competitive differentiators.
Future Outlook
The Vietnam Data Center Market is positioned for exceptional growth through 2030 due to:
1. Increasing Digital Ecosystem Maturity
With strong digital adoption in banking, retail, healthcare, and entertainment, data volumes will multiply exponentially.
2. Expansion of 5G and IoT Infrastructure
An explosion in connected devices will demand high-capacity, low-latency data centers.
3. Rising Foreign Investments
Multinational cloud providers view Vietnam as a strategic Southeast Asian hub due to improved regulatory clarity and economic stability.
4. Growth Opportunities in Green Data Centers
Renewable energy integration will become a major driver for sustainable digital infrastructure.
Contact US:
Techsci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +13322586602
Email: sales@techsciresearch.com