Page last updated on: October 14, 2025 The Vietnam Data Center Market is expected to reach USD 1.78 billion in 2025 and grow at a CAGR of 14.68% to reach USD 3.53 billion by 2030. CMC Telecom, DTS Communication, Telehouse (KDDI Corporation), VNG Cloud and VNPT Online are the major companies operating in this market.
The report reveals that the average construction cost for a mid specification standard data centre in Vietnam is USD 6,935,600 per megawatt, an increase of 3.5% y-o-y (equivalent to VND 175,470,680,000 per megawatt).
Ho Chi Minh City still represented 46.53% of the Vietnam data center market in 2024, thanks to multiple submarine-cable landings, vibrant foreign-invested manufacturing, and proximity to the Mekong industrial corridor.
Vietnam continues to be recognized as an attractive destination for data centre investors. According to the Asia Pacific Data Centre Construction Cost Guide 2025 by Cushman & Wakefield, which covers 90 data centre clusters in 26 cities, Vietnam boasts some of the lowest construction costs in the Asia-Pacific region, second only to Taiwan.
Other expenses include cooling systems; fire supression & life safety systems; security systems; furniture & fixtures; and IT racks, equipment & cabling. Land costs represent only 5% of the
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Vietnam Data Center Rack Market Set for Robust Growth Through 2035 The Vietnam Data Center Rack Market reached 35.58 thousand units in 2025 and is projected to grow at a CAGR of
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The Vietnam Data Center Rack Market is poised for significant expansion, projected to reach $1.04 billion by 2025 from a base value in 2023, with an impressive compound annual growth
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The Vietnam Data Center Market is expected to reach USD 1.78 billion in 2025 and grow at a CAGR of 14.68% to reach USD 3.53 billion by 2030. CMC Telecom, DTS Communication,
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The Vietnam Data Center Rack Market size is expected to reach 34.98 thousand units in 2025 and grow at a CAGR of 7.70% to reach 54.59 thousand units by 2031.
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The Vietnam Data Center Rack sector is evolving rapidly, driven by increasing digital infrastructure demands and government initiatives. As enterprises and cloud providers expand their
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Discover Vietnam''s rapidly growing data center market, fueled by AI and digitalization. This report analyzes investment opportunities, market dynamics and competitive costs.
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Vietnam Data Center Rack Market was valued at USD 101 Million in 2023 and is expected to reach USD 169 Million by 2029 with a CAGR of 8.87% during the forecast period.
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Furthermore, the burgeoning media and entertainment industry in Vietnam contributes significantly to the rising need for data center infrastructure, including racks. The market is
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The Vietnam data center rack market reached a volume of 35.58 Thousand Units in 2025. It is projected to grow at a CAGR of 7.40 from 2026 to 2035.
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