Emphasis on Hardware (Rack Server, Blade Server, Tower Server); Distribution Channel (Reseller, Direct, Systems Integrator, And Other); End-Users (Telecommunication, IT & ITES, Government, BFSI, And Others) And Region/Country.
The Vietnam Server Market was valued at 165 million in 2022 and is expected to grow at a steady rate of around 14% in the forecasted period (2023-2030). The Vietnam server market refers to the industry of providing server hosting services within Vietnam. This includes offering dedicated servers, virtual private servers (VPS), cloud hosting, and other related services to customers locally and internationally. Vietnam has experienced rapid growth in recent years due to several factors driving its server market. There was increased demand for cloud services following the COVID-19 pandemic. Moreover, government initiatives such as the “Digital Transformation Program” have encouraged investment in IT infrastructure including servers among others.
Some of the major players operating in the market Hewlett Packard Enterprise Development LP; Dell Inc.; Hitachi, Ltd.; Lenovo.; IBM Technology corporation; NVIDIA Corporation; Super Micro Computer, Inc.; Inspur Computer company; Fujitsu Limited; HPT Vietnam Corporation.
Insights Presented in the Report
“Among hardware, the blade servers segment is currently the leading segment of the market during forecast period.”
Based on hardware, the market is categorized into rack server, blade server, and tower server. Among these, the blade servers lead the hardware market in Vietnam due to their compact, modular design. These servers optimize space, reduce power consumption, and offer high processing power. Their modular nature allows for easy scalability and customization, making them ideal for modern enterprises seeking streamlined data centers. With advanced capabilities and a space-efficient form factor, blade servers drive innovation and efficiency in the MENA hardware market.
Among end-users, the IT & ITES segment is holding a significant share of the market during the forecast period.”
Based on end-users, the market is segmented into telecommunication, IT & ITES, government, BFSI, and others. Among these, the IT & ITES segment is leading the market. Its dominance stems from driving digitalization and technological advancements. Companies within this segment prioritize infrastructure upgrades, invest in cutting-edge technologies, and focus on digital capabilities to stay competitive. Cloud computing, cybersecurity solutions, software development, and data analytics are key areas driving its prominence. This sector’s relentless pursuit of efficiency and innovation solidifies its leading role in shaping the market landscape across
Vietnam Server Market Report Coverage
“Regional share of the market.”
Vietnam has witnessed a remarkable surge in the growth and development of its server market. Fueled by the country’s expanding economy and the rapid digital transformation across various industries, there has been a substantial increase in the demand for robust and efficient server infrastructure. The rise of e-commerce, cloud computing, and data-driven applications has been a key driver, prompting businesses to invest in advanced server technologies to enhance their operational capabilities. Major players in the server industry have recognized this potential and established a significant presence in Vietnam, contributing to the market’s expansion. Additionally, the Vietnamese government’s initiatives to promote information technology and improve digital infrastructure have played a pivotal role in shaping the server market landscape. As Vietnam continues on its path of technological advancement, the server market is poised to further evolve, providing a solid foundation for the country’s digital future.
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Research Methodology for the Vietnam Server Market Analysis (2023-2030)
Analyzing the historical market, estimating the current market, and forecasting the future market of the Vietnam server market were the three major steps undertaken to create and analyze the adoption of visual collaboration platform solutions in major regions geographically. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the Vietnam server market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the Vietnam server market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the Vietnam server market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as hardware, distribution channel, and end-users. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the Vietnam Server Market. Further, we conducted factor analysis using dependent and independent variables such as various hardware, distribution channel, and end-users of visual collaboration platform solutions. A thorough analysis was conducted of demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the Vietnam Server Market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the Vietnam Server Market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2030 for different segments and sub-segments across the major markets. The research methodology adopted to estimate the market size encompasses:
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the Vietnam Server Market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of hardware, distribution channel, and end-users in the Vietnam Server Market.
The main objective of the Vietnam Server Market Study
The current & future market trends of the Vietnam Server Market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
Q1: What is the current market size and growth potential of the Vietnam Server Market?
Q2: What are the driving factors for the growth of the Vietnam Server Market?
Q3: Which segment has the largest share of the Vietnam Server Market by distribution channel?
Q5: Who are the key players operating in the Vietnam Server Market?
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