Who are the key players in Vietnam Data Center Physical Security Market?

ABB Ltd, Securitas Technology, Bosch Sicherheitssysteme GmbH, Honeywell International Inc. and Schneider Electric are the major companies operating in the Vietnam Data Center Physical Security Market. Read More

What years does this Vietnam Data Center Physical Security Market cover, and what was the market size in 2023?

In 2023, the Vietnam Data Center Physical Security Market size was estimated at USD 12.96 million. The report covers the Vietnam Data Center Physical Security Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Vietnam Data Center Physical Security Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Vietnam Data Center Physical Security Market Size

Market Size of Vietnam Data Center Physical Security Industry

Vietnam Data Center Physical Security Market Summary

Study Period	2018 - 2029
Base Year For Estimation	2023
Market Size (2024)	USD 15.90 Million
Market Size (2029)	USD 37.38 Million
CAGR (2024 - 2029)	18.50 %
Market Concentration	Medium
Major Players *Disclaimer: Major Players sorted in no particular order

Vietnam Data Center Physical Security Market Analysis

The Vietnam Data Center Physical Security Market size is estimated at USD 15.90 million in 2024, and is expected to reach USD 37.38 million by 2029, growing at a CAGR of 18.5% during the forecast period (2024-2029).

The security measures can be categorized into four layers: perimeter security, facility controls, computer room controls, and cabinet controls. The first layer of data center security is to discourage, detect, and delay unauthorized personnel entry at the perimeter. In case of any breach in the perimeter monitoring, the second layer of defense restricts access. It is an access control system using card swipes or biometrics.

The third layer of physical security further restricts access through diverse verification methods, including monitoring all restricted areas, deploying entry restrictions, such as turnstiles, providing VCA, providing biometric access control devices to verify finger and thumbprints, irises, or vascular patterns, and using radio frequency identification. The first three layers ensure entry of only authorized personnel. However, further security measures to restrict access include cabinet locking mechanisms. This layer addresses the fear of an 'insider threat' such as a malicious employee.

Under Construction IT Load Capacity: The upcoming IT load capacity of the Vietnamese data center market is expected to reach 240 MW by 2029.

Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 870K sq. ft by 2029.

Planned Racks: The country's total number of racks to be installed is expected to reach 43K units by 2029. NCR Ho Chi Minh City is expected to house the maximum number of racks by 2029.

Planned Submarine Cables: There are close to seven submarine cable systems connecting Vietnam, and many are under construction. One such cable, Southeast Asia-Japan Cable 2 (SJC2), was estimated to start service in 2023. It stretches over 10,500 km and has landing points from Quy Nhon, Vietnam.

Vietnam Data Center Physical Security Industry Segmentation

The data center physical security market refers to the industry focused on providing products and services to safeguard data centers' physical infrastructure and assets. This includes measures to protect data centers from unauthorized access to premises, hardware theft, vandalism, sabotage, terrorist acts, and other physical threats. Data center physical security components may include video surveillance and monitoring, access control systems, physical barriers, biometric authentication, and environmental controls designed to ensure the safety and integrity of the data center environment.

The Vietnamese data center physical security market is segmented by solution type, service type, and end user. The market is segmented by solution type into video surveillance, access control solutions, and other solution types. Service type is segmented into consulting services, professional services, and other service types. The end user is segmented into IT & telecommunication, BFSI, government, media & entertainment, and other end users. The market sizes and forecasts regarding value (USD ) for all the above segments are provided.

By Solution Type
		Video Surveillance
		Access Control Solutions
		Other Solution Types (Mantraps, Fences, and Monitoring Solutions)

By Service Type
		Consulting Services
		Professional Services
		Other Service Types (System Integration Services)

End User
		IT & Telecommunication
		BFSI
		Government
		Healthcare
		Other End Users

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Vietnam Data Center Physical Security Market Size Summary

The Vietnam Data Center Physical Security Market is poised for significant growth, driven by the increasing demand for robust security measures in data centers. This market is characterized by a multi-layered security approach, including perimeter security, facility controls, computer room controls, and cabinet controls, each designed to deter, detect, and delay unauthorized access. The market's expansion is supported by the country's burgeoning ICT sector, which is one of the leading markets in Southeast Asia, bolstered by excellent internet infrastructure and a tech-savvy population. The government's initiatives to promote digitalization and smart city projects are further propelling the demand for advanced security solutions in data centers.

The market is moderately competitive, with major players like ABB Ltd, Securitas Technology, Bosch Sicherheitssysteme GmbH, Schneider Electric, and Honeywell International Inc. actively enhancing their offerings through strategic partnerships and acquisitions. These companies are focusing on integrating advanced technologies, such as biometric access controls and smart card systems, to provide comprehensive security solutions. The ongoing development of data centers, coupled with the expansion of network infrastructure to support cloud computing and 5G technologies, is expected to drive the growth of the physical security market in Vietnam. As the country continues to invest in digital infrastructure, the demand for sophisticated security measures to protect sensitive data and ensure operational continuity will remain strong.

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Vietnam Data Center Physical Security Market Size - Table of Contents

1. Market Dynamics
1. 1.1 Market Overview
2. 1.2 Market Drivers
  1. 1.2.1 Growing Innovation in Video Surveillance among the Market Players
  2. 1.2.2 Increasing Data Center Projects
3. 1.3 Market Restraints
  1. 1.3.1 The High Costs Associated with Physical Security Infrastructure
4. 1.4 Value Chain/Supply Chain Analysis
5. 1.5 Industry Attractiveness - Porter's Five Forces Analysis
  1. 1.5.1 Threat of New Entrants
  2. 1.5.2 Bargaining Power of Buyers/Consumers
  3. 1.5.3 Bargaining Power of Suppliers
  4. 1.5.4 Threat of Substitute Products
  5. 1.5.5 Intensity of Competitive Rivalry
6. 1.6 Assessment of the COVID-19 Impact
2. MARKET SEGMENTATION
1. 2.1 By Solution Type
  1. 2.1.1 Video Surveillance
  2. 2.1.2 Access Control Solutions
  3. 2.1.3 Other Solution Types (Mantraps, Fences, and Monitoring Solutions)
2. 2.2 By Service Type
  1. 2.2.1 Consulting Services
  2. 2.2.2 Professional Services
  3. 2.2.3 Other Service Types (System Integration Services)
3. 2.3 End User
  1. 2.3.1 IT & Telecommunication
  2. 2.3.2 BFSI
  3. 2.3.3 Government
  4. 2.3.4 Healthcare
  5. 2.3.5 Other End Users

Vietnam Data Center Physical Security Market Size FAQs

How big is the Vietnam Data Center Physical Security Market?

The Vietnam Data Center Physical Security Market size is expected to reach USD 15.90 million in 2024 and grow at a CAGR of 18.5% to reach USD 37.38 million by 2029.