Vietnam Data Center Networking Market Report and Forecast 2025-2034

Vietnam Data Center Networking Market Size

The Vietnam data center networking market is projected to grow at a CAGR of 8.40% between 2025 and 2034.

Vietnam Data Center Networking Market Outlook

• As per industry reports, the banking sector of Vietnam witnessed a growth of 14 per cent in 2023, fuelling the demand for data centre networking that consolidates customer information and financial records safely.

• As per the Economist Intelligence Unit (EIU), the total healthcare spending in Vietnam was around USD 18.5 billion in 2022, boosting the demand for a robust data center network for the storage of electronic medical records.

• The National Data Centre project, which aims to construct data centres for the storage of government data, has been approved by the Vietnam government and is likely to be finished by 2025.

Vietnam Data Center Networking Market Growth

Rapid digital transformation across various end-use sectors, growing volume of data in the country due to increased internet penetration, and favourable government incentives such as the National Data Centre Project which fuels the growth of data centers are some of the prominent market drivers.

Furthermore, the rise of e-commerce platforms, online services, and the consumption of digital content is leading to an increasing need for data center networks that are both scalable and dependable. These networks must be capable of providing uninterrupted connectivity for transactions, content distribution, and customer engagement.

The emergence of edge computing and the integration of Internet of Things (IoT) devices are transforming the networking needs of data centers as edge data centers must possess strong networking features to manage localised data processing and real-time communication with IoT devices.

Vietnam Data Center Networking Industry Segmentation

“Vietnam Data Center Networking Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Product

• Ethernet Switches

• Storage Area Network (SAN)

• Routers

• Application Delivery Controller (ADC)

• Others

Market Breakup by End Use

• BFSI

• Government

• Healthcare

• Retail

• Media and Entertainment

• Others

Market Breakup by Region

• Southeast

• Red River Delta

• Mekong River Delta

• South Central Coast

• Others

Vietnam Data Center Networking Market Share

Based on end use, the market is divided into BFSI, government, healthcare, retail, and media and entertainment, among others. The BFSI sector holds a significant market share as it deals with sensitive financial information that requires robust security measures. To ensure the data's integrity, confidentiality, and compliance with regulations, high-end networking technologies are necessary and financial enterprises are investing more resources in digital modernisation to improve customer satisfaction and streamline operations.

Leading Companies in the Vietnam Data Center Networking Market

The market players are investing in innovative networking solutions which offer low latency and high-speed rate.

• Dell Inc.

• Broadcom Inc.

• Cisco Systems Inc.

• IBM Corp.

• Intel Corporation

• HP Inc.

• Schneider Electric SE

• Fujitsu Ltd.

• NEC Corp.

• Others

Key Highlights of the Report