Vietnam Cloud Computing Market Size, Share, Industry Trends, Growth and Report 2025-2033

Written by Rahul Kumar  »  Updated on: July 03rd, 2025

Vietnam Cloud Computing Market Size, Share, Industry Trends, Growth and Report 2025-2033

According to the latest report by IMARC Group, titled “Vietnam Cloud Computing Market Report by Service (Software as a Service (SaaS), Infrastructure as a Service (IaaS), Platform as a Service (PaaS)), Deployment (Public, Private, Hybrid), Organization Type (Small and Medium-sized Enterprises, Large Enterprises), End User (IT and Telecom, BFSI, Retail and Consumer Goods, Healthcare, and Others), and Region 2025-2033 ”, offers a comprehensive analysis of the industry, which comprises insights on the Vietnam Cloud Computing Market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.


Vietnam cloud computing market size is projected to exhibit a growth rate (CAGR) of 10.94% during 2025-2033. Expanding digitalization trends, burgeoning startup ecosystem, remote work demands, boosting demand for scalable and efficient cloud services, and advancements in technologies represent some of the key factors driving the market.


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Vietnam Cloud Computing Market Landscape


Surging Hybrid & Multi-Cloud Adoption Driven by Agility and Sovereignty


Vietnam's cloud market is witnessing a decisive shift towards hybrid and multi-cloud strategies, fundamentally altering infrastructure paradigms. This dynamic is fueled by enterprises demanding greater operational flexibility, optimized cost management, and stringent adherence to evolving data residency and sovereignty regulations. Organizations increasingly leverage public cloud platforms like AWS, Azure, and Google Cloud for scalable compute power, cutting-edge AI/ML services, and global reach, particularly for customer-facing applications and development environments. Concurrently, sensitive workloads, legacy systems requiring specific performance guarantees, or applications bound by strict compliance mandates (especially prominent in finance, government, and state-owned enterprises) are often retained within private clouds or on-premises data centers. The Vietnamese government's "Cloud First" policy and draft Data Decree further amplify this trend, compelling public sector entities and influencing private firms to prioritize solutions ensuring data remains within national borders. This complex landscape necessitates sophisticated cloud management platforms and specialized expertise to orchestrate workloads seamlessly across environments, presenting significant opportunities for managed service providers (MSPs) and driving demand for interoperable, secure solutions that bridge public, private, and edge ecosystems while meeting regulatory scrutiny.


Vertical-Specific Cloud Solutions Driving Digital Transformation Across Industries


Beyond generic infrastructure, the market is experiencing explosive growth in demand for industry-tailored cloud solutions, acting as the primary engine for deep digital transformation across Vietnam's key economic sectors. Financial institutions (FIs) are aggressively adopting cloud-native core banking platforms, AI-powered fraud detection, and scalable payment processing solutions to enhance customer experience (digital banking, mobile wallets) and meet stringent State Bank of Vietnam (SBV) requirements, increasingly facilitated via secure private or hybrid models. The burgeoning e-commerce and retail sector relies heavily on public cloud elasticity to manage massive traffic spikes during sales events, leverage data analytics for personalized marketing, and optimize omnichannel logistics. Manufacturing is leveraging Industrial IoT (IIoT) platforms on cloud infrastructure for predictive maintenance, supply chain visibility, and smart factory initiatives, integrating operational technology (OT) with IT. Healthcare providers are deploying cloud-based Electronic Health Records (EHR), telemedicine platforms, and medical imaging analytics to improve accessibility and patient care. Even the public sector is utilizing cloud for e-government services, smart city initiatives, and citizen data management. This verticalization demands deep domain expertise from cloud providers, fostering partnerships with specialized SaaS vendors and local system integrators to deliver compliant, impactful solutions addressing unique industry pain points and regulatory landscapes.


Emergence of AI, Edge Computing, and Sustainability as Key Growth Catalysts


The future demand trajectory of Vietnam's cloud market is increasingly intertwined with the rapid adoption of enabling technologies like Artificial Intelligence (AI)/Machine Learning (ML) and Edge Computing, alongside a growing emphasis on sustainable operations. Cloud platforms provide the essential, scalable foundation and readily accessible toolsets (like Azure AI, AWS SageMaker, Google Vertex AI) democratizing AI/ML for Vietnamese businesses of all sizes. This drives demand for cloud resources to power applications ranging from customer service chatbots and hyper-personalized recommendations to predictive analytics in agriculture and optimized energy grids. Simultaneously, the proliferation of IoT devices, low-latency requirements for applications like autonomous vehicles (in development), real-time factory automation, and enhanced mobile experiences (accelerated by 5G rollout) is fueling Edge Computing growth. This necessitates distributed cloud architectures where processing occurs closer to the data source, complementing centralized cloud resources and demanding investments in edge infrastructure and management solutions. Furthermore, as environmental, social, and governance (ESG) considerations gain prominence globally and locally, enterprises and cloud providers are increasingly focused on sustainable cloud practices. This includes optimizing workloads for energy efficiency, leveraging providers' commitments to renewable energy for data centers, and selecting regions/cooling technologies that minimize carbon footprint, turning sustainability into a competitive differentiator influencing procurement decisions and future infrastructure planning.


Competitive Landscape:


The competitive landscape of the industry has also been examined along with the profiles of the key players.


Vietnam Cloud Computing Market Trends


The Vietnamese cloud landscape is rapidly evolving beyond foundational Infrastructure-as-a-Service (IaaS) adoption, driven by several converging trends that prioritize agility, intelligence, and resilience. Hyper-scaler dominance continues, with AWS, Microsoft Azure, and Google Cloud Platform aggressively expanding local points of presence and service portfolios, but facing intensifying competition from regional players and local data center operators offering tailored solutions emphasizing data sovereignty and proximity. Cloud-native development and containerization (Kubernetes) are becoming the de facto standard for new applications, enabling faster deployment cycles, microservices architectures, and enhanced scalability, pushing demand for managed Kubernetes services and serverless computing (Functions-as-a-Service). Sophistication in cloud security and compliance is paramount. As migration accelerates and cyber threats grow more complex, enterprises demand advanced, integrated security solutions encompassing Cloud Security Posture Management (CSPM), Zero Trust architectures, and robust identity management, heavily influenced by evolving local data protection regulations. The rise of Industry Cloud Platforms (ICPs) represents a significant shift, with hyperscalers and specialized vendors offering pre-configured solutions embedding industry-specific workflows, compliance rules, and data models (e.g., for finance, healthcare, manufacturing), drastically accelerating time-to-value for digital transformation initiatives. Concurrently, AI integration is moving from experiment to core strategy, with businesses leveraging cloud-based AI/ML services for actionable insights, automation, and enhanced customer interactions, driving consumption of specialized GPU instances and AI toolkits. Finally, optimization and FinOps maturity are critical as cloud spend scales; organizations are increasingly investing in tools and practices to continuously monitor usage, eliminate waste, right-size resources, and implement granular cost allocation, ensuring cloud investments deliver maximum business value amidst economic pressures. These trends collectively underscore a market maturing rapidly, where strategic cloud adoption focused on specific business outcomes, governed by robust security and cost controls, and empowered by next-generation technologies, is essential for competitive advantage.


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Vietnam Cloud Computing Market Industry Segmentation: 


Service Insights:


Software as a Service (SaaS)

Infrastructure as a Service (IaaS)

Platform as a Service (PaaS)


Deployment Insights:


Public

Private

Hybrid


Organization Type Insights:


Small and Medium-sized Enterprises

Large Enterprises


End User Insights:


IT and Telecom

BFSI

Retail and Consumer Goods

Healthcare

Others


Regional Insights:


Northern Vietnam

Central Vietnam

Southern Vietnam


Key highlights of the Report:


Market Performance

Market Outlook

COVID-19 Impact on the Market

Porter’s Five Forces Analysis

Historical, Current and Future Market Trends

Market Drivers and Success Factors

SWOT Analysis

Structure of the Market

Value Chain Analysis

Comprehensive Mapping of the Competitive Landscape


Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.


About Us


IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.


IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.


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Email: [email protected]


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