The Vietnam data center cooling market size reached USD 69.20 Million in 2024. The market is projected to reach USD 222.21 Million by 2033, exhibiting a growth rate (CAGR) of 13.84% during 2025-2033. The market is driven by government-led digital transformation initiatives accelerating infrastructure development, the rising adoption of advanced cooling technologies for artificial intelligence and high-performance computing workloads, and a surge in foreign investment following regulatory reforms that permit full foreign ownership of data center operations. Additionally, Vietnam's commitment to sustainability and energy efficiency goals is expanding the Vietnam data center cooling market share.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 69.20 Million |
Market Forecast in 2033 | USD 222.21 Million |
Market Growth Rate 2025-2033 | 13.84% |
Adoption of Liquid Cooling
The increasing complexity of IT workloads in Vietnam is propelling the adoption of liquid cooling solutions within data centers. In September 2025, Boyd announced its plans to expand its manufacturing facility in Bac Ninh, Vietnam, doubling its capacity to 800,000 square feet. This growth supports increased production of liquid cooling solutions for AI data centers, addressing rising demands for compute, power, and thermal density. The expansion emphasizes Boyd's commitment to innovative, sustainable manufacturing solutions. As the use of artificial intelligence (AI), machine learning, and high-performance computing rises, traditional air-cooling methods are finding it challenging to keep up with the surging heat densities. Liquid cooling presents enhanced efficiency, better thermal management, and reduced energy usage, making it a fitting option for contemporary data centers that manage high-demand applications. Moreover, it diminishes dependency on extensive HVAC systems, resulting in cost savings and improved sustainability. Additionally, companies are investigating direct-to-chip and immersion cooling techniques to enhance space efficiency and performance. As enterprises and cloud service providers grow their infrastructure, liquid cooling is gaining traction as a preferred solution for next-gen facilities. This transition is anticipated to significantly contribute to Vietnam data center cooling market growth in the upcoming years.
Green Data Center Development
Sustainability has become a key factor in the data center sector in Vietnam, with operators focusing more on environmentally friendly infrastructure. In April 2024, Viettel Group launched Vietnam's largest green data center, the Viettel Hoa Lac Data Center, with a capacity of 30MW. The facility prioritizes renewable energy, ensuring 30% of its electricity comes from sustainable sources. With enhanced security measures and advanced technologies, it supports the growing demands of AI development. There is an increasing trend towards using renewable energy sources like solar and wind power, alongside sustainable cooling techniques, to lower carbon emissions. To cut down energy consumption while ensuring high performance, efficient cooling methods such as free cooling, liquid cooling, and modern HVAC systems are being implemented. The growing regulatory focus on environmental standards, along with corporate sustainability pledges, is further driving the rise of green data centers. Organizations and cloud service providers are making investments in energy-efficient designs that not only lead to lower operational expenses but also boost brand reputation by aligning with global ESG objectives. This shift toward eco-friendly practices is expected to play a significant role in defining the industry's future, making green initiatives a significant catalyst for growth in Vietnam’s data center cooling market.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on solution, services, type of cooling, cooling technology, type of data center, and vertical.
Solution Insights:
The report has provided a detailed breakup and analysis of the market based on the solution. This includes air conditioning, chilling units, cooling towers, economizer systems, liquid cooling systems, control systems, and others.
Services Insights:
A detailed breakup and analysis of the market based on the services have also been provided in the report. This includes consulting, installation and deployment, and maintenance and support.
Type of Cooling Insights:
The report has provided a detailed breakup and analysis of the market based on the type of cooling. This includes room-based cooling, row-based cooling, and rack-based cooling.
Cooling Technology Insights:
A detailed breakup and analysis of the market based on the cooling technology have also been provided in the report. This includes liquid-based cooling and air-based cooling.
Type of Data Center Insights:
The report has provided a detailed breakup and analysis of the market based on the type of data center. This includes mid-sized data centers, enterprise data centers, and large data centers.
Vertical Insights:
A detailed breakup and analysis of the market based on the vertical have also been provided in the report. This includes BFSI, IT and telecom, research and educational institutes, government and defense, retail, energy, healthcare, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Solutions Covered | Air Conditioning, Chilling Units, Cooling Towers, Economizer Systems, Liquid Cooling Systems, Control Systems, Others |
Services Covered | Consulting, Installation and Deployment, Maintenance and Support |
Types of Cooling Covered | Room-Based Cooling, Row-Based Cooling, Rack-Based Cooling |
Cooling Technologies Covered | Liquid-Based Cooling, Air-Based Cooling |
Types of Data Centers Covered | Mid-Sized Data Centers, Enterprise Data Centers, Large Data Centers |
Verticals Covered | BFSI, IT and Telecom, Research and Educational Institutes, Government and Defense, Retail, Energy, Healthcare, Others |
Regions Covered | Northern Vietnam, Central Vietnam, Southern Vietnam |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: