Vietnam Server Market Seen Soaring 14% Growth to Reach l USD xx Million by 2030, Projects UnivDatos Market Insights
- Himanshu Patni
- January 27, 2024
- NEWS, TELECOM & IT
- Vietnam Server Market, Vietnam Server Market Forecast, Vietnam Server Market Growth, Vietnam Server Market Share, Vietnam Server Market Size
- 0 Comments
Key Highlights of the Report:
Ø The server market in Vietnam has experienced significant growth in recent years due to the country’s economic development and increasing demand for digital services. According to a report by ResearchAndMarkets.com, the cloud computing market in Vietnam is expected to grow at a CAGR of 18.5% between 2020 and 2025.
Ø There are several major players operating in the Vietnamese server market, including VNPT-CGV, Viettel, FPT Telecom, and CMC Technology. These companies offer various types of servers such as virtual machines (VMs), bare metal servers, and dedicated servers.
Ø In terms of pricing, the cost of renting a server in Vietnam can vary depending on factors such as location, specifications, and rental duration. However, based on available data, the average monthly price for a basic VM with 2GB RAM and 40GB storage can range from around $50 to $150 per month. Dedicated servers with higher specs can cost upwards of $500 per month or more.
Ø Many hosting providers in Vietnam also offer colocation services, which allow customers to rent rack space in a data center and install their own servers. This option offers greater flexibility and control over server configuration but requires technical expertise and infrastructure management skills.
Ø When choosing a provider, it’s essential to consider factors such as uptime, speed, security, customer support, and scalability. Additionally, it’s important to ensure that your chosen provider meets relevant industry standards like ISO 27001 for information security management.
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.
Access sample report (including graphs, charts, and figures) – https://univdatos.com/get-a-free-sample-form-php/?product_id=51679
Some of the recent developments are:
Ø In March 2023, VNPT-CGV partnered with Nutanix to offer cloud computing solutions and services to enterprises in Vietnam. This collaboration aimed to provide customers with more flexible and cost-effective options for their IT infrastructure needs.
Ø In February 2023, FPT Telecom teamed up with Huawei Technologies to launch a new data center in Ho Chi Minh City, featuring Huawei’s advanced server and network equipment technologies. This partnership sought to enhance the quality and reliability of data center services offered by FPT Telecom.
Ø In January 2023, CMC Technology announced its strategic partnership with IBM to deliver hybrid cloud solutions and services to clients across various industries in Vietnam. This alliance intended to help businesses take advantage of both on-premises and cloud-based resources to meet their IT requirements.
Click Here To View the Report Description & TOC – https://univdatos.com/report/vietnam-server-market/
Conclusion
The server market in Vietnam is undergoing substantial growth, driven by factors such as increased digitalization, data-driven industries, government initiatives, and the expanding IT services sector. While challenges exist, the overall outlook for the server market in Vietnam remains optimistic, with opportunities for both domestic and international players to contribute to the country’s technological advancement. According to the UnivDatos Market Insights analysis, “Vietnam Server Market” report, the global market was valued at USD 165 million in 2022, growing at a CAGR of 14% during the forecast period from 2023 – 2030 to reach USD XX billion by 2030.
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