Vietnam Data Center Market to grow at a CAGR of 14.64 % until 2026
Increasing demand for cloud computing services, commercialization of 5G and increasing investment in the data center solutions are expected to drive the growth of Vietnam Data Center Market. According to TechSci Research report, “ Vietnam Data Center Market , By Solution (IT Infrastructure, General Infrastructure, Electrical Infrastructure, Mechanical Infrastructure and Other Infrastructure), By Type (Corporate and Web Hosting), By End User Industry (IT & Telecom, Government, BFSI, Healthcare and Others), By Region, Competition Forecast & Opportunities, 2016-2026” , the Vietnam Data Center Market is forecast to grow at a rate of 14.64% to reach USD2020.98 million by 2026. Growth in the market can be attributed to the consistently increasing data storage needs in Vietnamese organizations. To meet the endless demand for digital content, companies need to expand their data centers’ infrastructure. Additionally, the cloud industry is witnessing growth in Vietnam, due to large inv...