Vietnam Data Center Cooling Market Size (2024 - 2029)

Vietnam Data Center Cooling Market Analysis

The Vietnam Data Center Cooling Market size is estimated at USD 23.33 million in 2024, and is expected to reach USD 48.49 million by 2030, growing at a CAGR of 12.97% during the forecast period (2024-2030).

• In Vietnam, the mean annual temperatures are around 24 to 25 °C, in which the coldest month has a mean temperature of 17 to 20 °C and the hottest month has a mean temperature of 29 to 30 °C.
• Extreme weather events are a threat to physical infrastructure such as power stations, electricity cables, and data center buildings, which drives the demand for data center cooling solutions.
• The upcoming IT load capacity of the Vietnamese data center cooling market is expected to reach around 250 MW by 2030. The country's construction of raised floor area is expected to increase by more than 800 thousand sq. ft by 2030.
• The country's total number of racks to be installed is expected to reach 43.9 thousand units by 2030. Ho Chi Minh City is expected to house the maximum number of racks by 2030.
• There are close to 7 submarine cable systems connecting Vietnam, and many are under construction. Vietnam's Ministry of Information and Communications (MIC) approved a strategy to enhance the country's international fiber optic cable system. By 2030, Vietnam aims to add at least ten undersea cables, expanding its undersea routes to a minimum of 15.

Vietnam Data Center Cooling Industry Segmentation

Data center cooling is a system that helps maintain optimal operating temperatures in data center environments. It is critical, as data center facilities house many computer servers and network equipment that generate heat during operation. Efficient cooling systems are used to dissipate this heat and prevent equipment from overheating, ensuring continued reliable operation of the data center. Methods such as air conditioning, liquid cooling, and hot/cold aisle containment are commonly used to control temperature and humidity in data centers.

The Vietnamese data center cooling market is segmented by technology (air-based cooling [chiller and economizer, CRAH, cooling towers, and other air-based cooling technologies] and liquid-based cooling [immersion cooling, direct-to-chip cooling, and rear-door heat exchanger]), type of data center (hyperscale, enterprise, and colocation), and end-user industry (it and telecom, retail and consumer goods, healthcare, media and entertainment, federal and institutional agencies, and other end-user industries). The report offers market sizes and forecasts in terms of value (USD) for the above segments.