{"id":712207,"date":"2024-09-04T15:04:02","date_gmt":"2024-09-04T15:04:02","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=712207"},"modified":"2024-09-04T15:04:02","modified_gmt":"2024-09-04T15:04:02","slug":"vietnam-data-center-colocation-market-revenue-to-reach-235-million-by-2029-more-the-37100-units-of-racks-to-be-installed-in-the-next-6-years-arizton","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/vietnam-data-center-colocation-market-revenue-to-reach-235-million-by-2029-more-the-37100-units-of-racks-to-be-installed-in-the-next-6-years-arizton_712207.html","title":{"rendered":"Vietnam Data Center Colocation Market Revenue to Reach $235 Million by 2029, More the 37,100 Units of Racks to be Installed in the Next 6 Years – Arizton"},"content":{"rendered":"
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Vietnam Data Center Colocation Market Research Report by Arizton<\/div>\n<\/div>\n<\/div>\n

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According to Arizton’s latest research report, the Vietnam data center colocation market<\/a> is growing at a CAGR of 11.09% during 2023-2029.<\/p>\n

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Looking for More Information? Click: <\/strong>https:\/\/www.arizton.com\/market-reports\/vietnam-data-center-colocation-market<\/strong><\/a><\/p>\n

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Report Scope:<\/strong>\u202f <\/p>\n

Market Size – Colocation Revenue (2029):<\/strong> $235 Million\u202f\u202f\u202f\u202f <\/p>\n

CAGR (2023-2029):<\/strong> 11.09%\u202f\u202f\u202f\u202f\u202f\u202f\u202f <\/p>\n

Market Size – Utilized White Floor Area (2029):<\/strong> 1,398.5 Thousand Sq. ft <\/p>\n

Market Size – Utilized Racks (2029):<\/strong> 37,100 Units <\/p>\n

Market Size – Utilized IT Power Capacity (2029):<\/strong> 284 MW   <\/p>\n

Base Year:<\/strong> 2023\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f <\/p>\n

Forecast Year:<\/strong> 2024-2029\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f <\/p>\n

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Looking for More Information? <\/strong>Visit: <\/strong>https:\/\/www.arizton.com\/market-reports\/vietnam-data-center-colocation-market<\/strong> <\/strong><\/a><\/p>\n

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Colocation Data Center Market in Vietnam Overview<\/strong><\/p>\n

Vietnam is experiencing growth in its colocation data center sector, with approximately 26 operational facilities and increasing data center developments. As an emerging market for data center infrastructure in Southeast Asia, Vietnam is attracting considerable interest.<\/p>\n

Key players in the market include major data center operators such as FPT Telecom, Viettel IDC, CMC Telecom, VNPT, VNTT, and ST Telemedia Global Data Centers. FPT Telecom, VNPT, and Viettel IDC account for about 70% of the IT load capacity in the data center market.<\/p>\n

Data centers in Hanoi have a higher occupancy rate than those in other Vietnamese cities. Global companies like NTT DATA and Telehouse are already active in the market through partnerships with local colocation providers. New entrants should consider collaborating with established local telecom companies like FPT Telecom, Viettel IDC, VNPT, and CMC Telecom to enter the market effectively.<\/p>\n

Although major cloud service providers like Microsoft, AWS, and Google do not yet have dedicated cloud regions in Vietnam, their potential entry is expected to enhance the country’s wholesale colocation capacity. Furthermore, local telecom operators are setting up subsidiaries to deliver cloud-based services nationwide, which will contribute to expanding the wholesale colocation market in Vietnam.<\/p>\n

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Vietnam’s Rapid Cloud Computing Expansion and Key Developments<\/strong><\/p>\n

Cloud computing is central to Vietnam’s rapid shift towards digital transformation, with organizations and businesses embracing it acceleratedly. As one of the fastest-growing markets for cloud computing and data center services in the ASEAN region, Vietnam hosts over 50 active providers, including domestic and international players. Cloud technology is a significant driver of digital transformation, offering a robust foundation for innovation and operational efficiency in Vietnam. It addresses the challenges faced by startups, small and medium-sized enterprises (SMEs), and giant corporations, who often struggle with the financial and resource constraints of traditional on-premises infrastructure.<\/p>\n

In April 2023, Amazon Web Services (AWS) announced plans to launch an AWS Local Zone in Hanoi aimed at providing customers with access to AWS services with minimal latency. This move is expected to enhance the efficiency and performance of cloud services in the region. Additionally, in October 2022, Viettel launched the Viettel Cloud Ecosystem, reinforcing its position as a leading provider of cloud computing services in Vietnam. This initiative is designed to offer global enterprise clients customized solutions, accelerating their transition to comprehensive cloud adoption. The growing demand for cost-effective solutions is a significant factor driving the expansion of infrastructure as a service (IaaS) in the Vietnam cloud market.<\/p>\n

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What’s Included?<\/strong><\/p>\n