Enterprise Network Infrastructure - Vietnam

  • Vietnam
  • Revenue in the Enterprise Network Infrastructure market is projected to reach US$0.35bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 1.66%, resulting in a market volume of US$0.38bn by 2029.
  • The average Spend per Employee in the Enterprise Network Infrastructure market is projected to reach US$6.07 in 2024.
  • In global comparison, most revenue will be generated in China (US$18,200m in 2024).

Key regions: China, Indonesia, United Kingdom, United States, India

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The Enterprise Network Infrastructure Market in Vietnam is experiencing subdued growth due to various factors including slow adoption of digital technologies, lack of health awareness among consumers, and limited convenience offered by online health services within the Data Center Market.

Customer preferences:
As Vietnam's economy continues to grow, there has been a noticeable increase in demand for advanced network infrastructure solutions within the Enterprise Network Infrastructure Market of the Network Infrastructure Market within the Data Center Market. This can be attributed to the rising number of businesses and organizations adopting cloud-based technologies and remote working practices. Additionally, the younger, tech-savvy population is driving the demand for high-speed and reliable internet connectivity, leading to a growing interest in fiber-optic and 5G network infrastructure.

Trends in the market:
In Vietnam, the Enterprise Network Infrastructure Market within the Data Center Market is experiencing a shift towards cloud-based solutions, as more organizations adopt digital transformation strategies. This trend is driven by the increasing demand for data storage and processing capabilities, as well as the need for secure and reliable connectivity. Additionally, there is a growing focus on automation and virtualization, as enterprises look for ways to optimize their network infrastructure and reduce costs. These trends are significant for industry stakeholders, as they present opportunities for growth and innovation. However, they also pose challenges in terms of data privacy and security, and require careful consideration in terms of infrastructure planning and management.

Local special circumstances:
In Vietnam, the Enterprise Network Infrastructure Market within the Data Center Market is heavily influenced by the country's rapid economic growth and increasing adoption of digital technologies. The government's initiatives to improve internet connectivity and develop a digital economy have also contributed to the market's growth. Additionally, the unique geographical and cultural landscape of Vietnam has led to the rise of local players in the market, offering customized solutions to meet the specific needs of Vietnamese businesses. Furthermore, the country's regulatory environment, which is focused on promoting foreign investment, has also played a significant role in shaping the Enterprise Network Infrastructure Market in Vietnam.

Underlying macroeconomic factors:
The Enterprise Network Infrastructure Market of the Network Infrastructure Market within the Data Center Market in Vietnam is also impacted by macroeconomic factors such as technological advancements, government policies, and investment in digital infrastructure. Countries with supportive regulatory environments and robust investments in digital infrastructure are witnessing higher market growth compared to regions with regulatory barriers and limited funding. Furthermore, the growing adoption of cloud computing and data analytics, coupled with the rise of e-commerce and digital transformation, is fueling the demand for advanced network infrastructure solutions in Vietnam.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Ayana Mizuno
Ayana Mizuno
Junior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)