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Vietnam Data Center Server Market Size, Share, Forecast: By Product: Rack Servers, Blade Servers, Micro Servers, Tower Servers; By End Use: BFSI, Government, IT and Telecom, Media and Entertainment, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Vietnam Data Center Server Market Size
The Vietnam data center server market reached approximately USD 318.38 million in 2023. The market is projected to grow at a CAGR of 8.90% between 2024 and 2032, reaching a value of around USD 683.41 million by 2032.
Vietnam Data Center Server Market Outlook
- As per industry reports, Ho Chi Minh City and Hanoi are the two main data center hubs in Vietnam with the presence of 27 data centers, which creates a booming landscape for servers.
- The data center market in Vietnam is dominated by local telecom providers such as VNPT, Viettel IDC, and FPT Telecom which fuels the demand for servers and server racks in the telecom sector.
- Minister of Information and Communications Nguyen Manh Hung announced that as of April 2024, Vietnam houses 32 small and medium data centers, with over 20,000 racks and a total capacity of 145 megawatts.
Vietnam Data Center Server Market Growth
The growing shift towards cloud-based services which necessitates the demand for high-performance servers, the rise of data analytics, and increased investment in the telecommunication sector including the construction of new data centres and expansion of their capacities are some of the influential market drivers.
Several manufacturers in Vietnam are focusing more on developing energy-efficient designs and technologies to reduce power consumption and minimise the environmental impact of data center operations. Moreover, organisations are increasingly adopting hybrid and multi-cloud strategies to leverage the benefits of both on-premise and cloud infrastructure, which boosts the demand for servers that can seamlessly integrate across various environments and support workload mobility.
Vietnam Data Center Server Industry Segmentation
“Vietnam Data Center Server Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
- Rack Servers
- Blade Servers
- Micro Servers
- Tower Servers
Market Breakup by End Use
- BFSI
- Government
- IT and Telecom
- Media and Entertainment
- Others
Market Breakup by Region
- Southeast
- Red River Delta
- Mekong River Delta
- South Central Coast
- Others
Vietnam Data Center Server Market Share
Based on end use, the market is divided into BFSI, government, IT and telecom, and media and entertainment, among others. The IT and telecom sector accounts for a major market share as this server infrastructure is essential for telecom companies to ensure that their networks are running smoothly and efficiently. It further allows them to handle the massive amounts of data traffic that flow through their networks on a daily basis, as well as provide support for the various services that they offer to their customers.
Leading Companies in the Vietnam Data Center Server Market
The market participants are offering scalable solutions to meet the growing demand from enterprises.
- Dell Inc.
- Fujitsu Ltd.
- Cisco Systems Inc.
- IBM Corp.
- Oracle Corporation
- HP Inc.
- Kingston Technology Company Inc.
- Inspur Software Co. Ltd.
- Huawei Technologies Co., Ltd.
- NEC Corp.
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Data Center Server Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Data Center Server Historical Market (2018-2023)
8.3 Asia Pacific Data Center Server Market Forecast (2024-2032)
9 Vietnam Data Center Server Market Overview
9.1 Key Industry Highlights
9.2 Vietnam Data Center Server Historical Market (2018-2023)
9.3 Vietnam Data Center Server Market Forecast (2024-2032)
10 Vietnam Data Center Server Market by Product
10.1 Rack Servers
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Blade Servers
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Micro Servers
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Tower Servers
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
11 Vietnam Data Center Server Market by End Use
11.1 BFSI
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Government
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 IT and Telecom
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Media and Entertainment
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Vietnam Data Center Server Market by Region
12.1 Southeast
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Red River Delta
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mekong River Delta
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 South Central Coast
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Dell Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Fujitsu Ltd.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Cisco Systems Inc.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 IBM Corp.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Oracle Corporation
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 HP Inc.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Kingston Technology Company Inc.
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Inspur Software Co. Ltd.
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Huawei Technologies Co., Ltd.
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 NEC Corp.
14.2.10.1 Company Overview
14.2.10.2 Product Portfolio
14.2.10.3 Demographic Reach and Achievements
14.2.10.4 Certifications
14.2.11 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Data Center Server Market: Key Industry Highlights, 2018 and 2032
2. Vietnam Data Center Server Market: Key Industry Highlights, 2018 and 2032
3. Vietnam Data Center Server Historical Market: Breakup by Product (USD Million), 2018-2023
4. Vietnam Data Center Server Market Forecast: Breakup by Product (USD Million), 2024-2032
5. Vietnam Data Center Server Historical Market: Breakup by End Use (USD Million), 2018-2023
6. Vietnam Data Center Server Market Forecast: Breakup by End Use (USD Million), 2024-2032
7. Vietnam Data Center Server Historical Market: Breakup by Region (USD Million), 2018-2023
8. Vietnam Data Center Server Market Forecast: Breakup by Region (USD Million), 2024-2032
9. Vietnam Data Center Server Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 318.38 million.
The Vietnam data center server market is estimated to grow at a CAGR of 8.90% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 683.41 million by 2032.
The market is being driven due to growing shift towards cloud-based services which necessitates the demand for high-performance servers, the rise of data analytics, and increased investment in the telecommunication sector.
The key trends aiding the Vietnam data center server market include the development of energy-efficient data centre designs and technologies and the adoption of hybrid and multi-cloud strategies.
Regions considered in the market are Southeast, Red River Delta, Mekong River Delta, and South Central Coast, among others.
Based on product, market segmentations include rack servers, blade servers, micro servers, and tower servers, among others.
Various end uses are BFSI, government, IT and telecom, and media and entertainment, among others.
The major players in the market are Dell Inc., Fujitsu Ltd., Cisco Systems Inc., IBM Corp., Oracle Corporation, HP Inc., Kingston Technology Company Inc.¸Inspur Software Co. Ltd., Huawei Technologies Co., Ltd., and NEC Corp., among others.
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