The Vietnam Cloud Service Market Set to Grow at over 10% CAGR through 2024, far outpacing many of its competitor markets. This spike in demand is spurred on by the region’s low cost of ownership, surging adoption of cloud computing services, and rapid development of SMEs across Vietnam. While the demand for Enterprise mobility in the wake of COVID-19 is driving hyperscale deployment on a global level, 98% of firms in Vietnam are SMEs, each with their unique IaaS and SaaS needs. Vietnam’s growing data storage needs reflect it’s increasingly competitive tech market.
The evolution of the datacenter market in Vietnam is particularly interesting. The nascency of this country’s datacenter market means that Vietnam faces power challenges, but the country’s long coastline makes it particularly optimal for undersea cabling.
Will the Vietnamese Cloud and Data Center Markets rise to meet this demand?
W.Media is hosting an exclusive conventions for over 300 IT professionals from Vietnam, to explore the best practices, future trends and past mistakes in Cloud and data center innovations. Join us!