The Vietnam Data Center Accelerator Market reached a size of USD 123.97 Million in 2025 and is projected to grow to USD 799.50 Million by 2034. The market is expected to grow at a CAGR of 23.01% during the forecast period 2026-2034. Growth is driven by government reforms allowing full foreign ownership, rapid AI-ready infrastructure development, and expanded cloud computing adoption across enterprises.
Study Assumption Years
Base Year: 2025
Historical Years: 2020-2025
Forecast Period: 2026-2034
Vietnam Data Center Accelerator Market Key Takeaways
The market size was USD 123.97 Million in 2025 with a CAGR of 23.01% forecasted through 2026-2034.
Government regulatory reforms allowing full foreign ownership have attracted significant international investment.
Intensified development of AI infrastructure, including advanced GPU clusters, is making Vietnam a regional AI hub.
Digital economy expansion and enterprise cloud adoption are rapidly increasing demand for data center accelerators.
Power grid limitations and skilled workforce shortages pose challenges to market growth.
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Market Growth Factors
The data center accelerator market for the Vietnam data center is being driven by government policy reforms that have transformed the investment climate. With the 2024 Telecommunications Law, the government removed the 49% cap on foreign-affiliated enterprises, allowing companies to fully own data center facilities. The reform is consistent with Vietnam's orientation to improve the development of the digital economy and international technology integration, attracting foreign technology companies and capital to build technology infrastructure and transferring advanced data center accelerator technology to Vietnam.
Another growing driver is the infrastructure to accelerate AI, as major telecom and tech giants create GPU-centric data centers that leverage custom cooling systems and purpose-built networks for AI workloads. In 2024, Viettel inaugurated Vietnam's first AI-optimized data center that can hold 30 MW. In November 2024, FPT Corporation made an investment of USD 200 million so it could establish an AI factory equipped with thousands of NVIDIA H100 graphics processing units. Both projects will support large-scale machine learning with generative AI deployment, and position Vietnam as a regional center for AI development.
As the digital economy and enterprise cloud adoption grow in all industries, enterprises are moving workloads away from legacy systems and closer to the cloud for greater agility and to access more advanced technologies such as AI and real-time analytics. These are key growth drivers for data center accelerators. Digital transformation projects and public sector mandates for cloud adoption and private sector incentives for digital investment have also spurred investment. Infrastructure projects like submarine cables, 5G networks, and content delivery networks have accelerated the growth of data centers by local and international companies across Southeast Asia.
Market Segmentation
Analysis by Accelerator Type:
High-performance Computing: The segment includes accelerators used for demanding computational tasks related to high-performance computing applications.
Cloud Accelerator: This segment covers accelerators designed for cloud-based environments to enhance performance and efficiency.
Analysis by Processor Type:
Central Processing Unit (CPU): Traditional processors used for general-purpose computing in data center accelerators.
Graphics Processing Unit (GPU): Specialized processors for AI workloads, machine learning, and high-performance computing, integral to AI-ready infrastructure expansion.
Field-programmable Gate Array (FPGA): Programmable processors offering configurable hardware acceleration.
Application-specific Integrated Circuit (ASIC): Custom-built integrated circuits designed for specific accelerator applications.
Analysis by Application:
Deep Learning Training: Accelerators supporting the training of neural networks and AI models.
Public Cloud Interface: Accelerators used to support cloud service providers and public cloud infrastructure.
Enterprise Interface: Accelerators deployed for enterprise IT infrastructure and digital transformation initiatives.
Regional Insights
The Vietnam data center accelerator market is segmented into Northern Vietnam, Central Vietnam, and Southern Vietnam. The report does not specify the dominant region or precise regional market shares or CAGR. However, major data center developments, including Vietnam's first AI-optimized data center, are located in Hanoi (Northern Vietnam), indicating significant activity in this region.
Recent Developments & News
In September 2025, Marvell Technology, Inc. expanded its presence in Vietnam by launching three new offices located in eTown6 and UOA Tower (Ho Chi Minh City) and ICT1 (Da Nang). These facilities accommodate the growing engineering team and include a state-of-the-art R&D lab for AI data center integrated circuit development and semiconductor chip testing, underscoring the company's commitment to innovation in Vietnam's advancing data center market.
Key Players
Marvell Technology, Inc.
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