Vietnam Cloud Based Infrastructure as a Service Market Poised for Rapid Growth by 2028

Dublin, March 07, 2024 (GLOBE NEWSWIRE) -- The "Vietnam Cloud Based Infrastructure as a Service Market, Competition, Forecast & Opportunities, 2028" report has been added to's offering.

Hanoi, Vietnam - A Recent Market Analysis Highlights Expanding Opportunities in Vietnam’s Cloud Based IaaS Sector

A comprehensive market research report has been added to our extensive collection, detailing the evolving landscape of the Vietnam cloud based infrastructure as a service (IaaS) market. The report forecasts a significant compound annual growth rate (CAGR) for the market between now and 2028. Vietnam's burgeoning digital economy, coupled with the increased adoption of cloud services, is setting the stage for a transformative period in the industry. The report segments the Vietnam cloud based IaaS market by type, solution, organization type, end-user industry, and region, offering detailed insights into various facets of the market.

The Rising Demand for Cost-Effective Cloud Solutions Drives Market Growth

  1. Public and Private IaaS: Differentiation of service delivery models catering to various needs of businesses.
  2. Comprehensive Solutions: Including network as a service, disaster recovery as a service, and managed hosting services among others.
  3. Organization Type Inclusivity: Coverage of both small & medium businesses and large enterprises, reflecting the widespread adoption potential of IaaS.
  4. Diverse End-User Industries: From IT & telecom to healthcare and education, indicating the widespread applicability of cloud IaaS solutions.
  5. Regional Insights: Analysis inclusive of Central Vietnam, North Vietnam, and South Vietnam, indicating the geographic nuances in cloud adoption.

The report identifies major drivers fueling the Vietnam cloud based IaaS market such as the preference for cost-effective solutions and the scalability of cloud services, particularly in small and medium-sized enterprises (SMEs). Furthermore, the study highlights how the adoption of cloud computing is being catalyzed by the nation's increased internet and smartphone penetration.

Supportive Government Initiatives and Digital Transformation Pave the Way

Vietnam's initiatives to digitally transform its economy provide a conducive environment for the cloud based IaaS market growth. The shift towards digitization across industries such as government, finance, and healthcare aligns with the market's upward trajectory.

Market Players and Competitive Landscape

The report assesses the competitive landscape, featuring major industry players who are setting the bar in the Vietnam cloud based IaaS market. Through their strategic operations, including product launches, mergers, and partnerships, these companies are crucial to the market's dynamic growth.

Strategic Market Insights for Stakeholders

Business leaders, investors, policymakers, and other stakeholders stand to gain from the extensive data and analysis provided in this report. These insights will assist in strategic decision-making and in identifying areas of investment and innovation within the Vietnam cloud based IaaS market. Implications for the Future With detailed forecasts and analyses, the Vietnam cloud based infrastructure as a service market report is an indispensable tool for understanding the current trends and future directions of cloud computing in Vietnam. Its findings are vital for businesses looking to capitalize on the numerous opportunities within this fast-growing market. As the digital landscape in Vietnam continues to evolve, the demand for cloud-based solutions is set to rise, potentially reshaping the economic and technological contours of the region in the years to come.

Key Attributes

Report AttributeDetails
No. of Pages90
Forecast Period2023 - 2028
Estimated Market Value (USD) in 2023$0.78 Billion
Forecasted Market Value (USD) by 2028$2.02 Billion
Compound Annual Growth Rate17.2%
Regions CoveredVietnam

A selection of companies mentioned in this report includes

  • Amazon Data Services Vietnam Pvt Ltd
  • Apollo Global Management Vietnam Pvt Ltd
  • Dell Vietnam Pvt Ltd
  • IBM Vietnam Pvt Ltd
  • Netmagic Solutions Pvt Ltd
  • Hewlett Packard Enterprise Pvt Ltd
  • NTT Communications Pvt Ltd
  • Cisco Systems Vietnam Pvt Ltd
  • VMWare Software Pvt Ltd

Key Topics Covered

  1. Service Overview
  2. Research Methodology
  3. Executive Summary
  4. Voice of Customer
  5. Vietnam Cloud Based Infrastructure as a Service Market Outlook
  6. South Vietnam Cloud Based Infrastructure as a Service Market Outlook
  7. North Vietnam Cloud Based Infrastructure as a Service Market Outlook
  8. Central Vietnam Cloud Based Infrastructure as a Service Market Outlook
  9. Market Dynamics
  10. Market Trends & Developments
  11. Policy & Regulatory Landscape
  12. Vietnam Economic Profile
  13. Company Profiles
  14. Strategic Recommendations
  15. About the Publisher & Disclaimer

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Vietnamese Cloud Based Infrastructure as a Service Market

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