Intelligent CIO APAC Issue 43 | Page 48

COUNTRY FOCUS : VIETNAM
Report reveals Vietnamese cloud-based IaaS market is driven by the rising demand for cost-effective solutions – with demand shaped by several factors significant to the nation ’ s market landscape .

Vietnam ranks among growing cloud-based I

An aerial cityscape shot of Saigon , Vietnam

A report released by ResearchAndMarkets . com says the Vietnamese cloud-based IaaS market is anticipated to grow at a high CAGR to 2028 .

Increasing efforts to digitize various sectors are one of the major drivers promoting cloud computing utilization in Vietnam , the report says . cloud technology – with its cloud-based IaaS market one of the world ’ s fastest growing .
IaaS demand in Vietnam is identified in the report as shaped by several factors that are significant to the nation ’ s market landscape – and cost-effectiveness is a crucial consideration .
Factors such as digitalization aspirations , data storage requirements , smartphone penetration and the repercussions of the COVID-19 pandemic are identified in the report as driving the use of cloud computing in Vietnam .
The Vietnam Cloud Based Infrastructure as a Service Market , Competition , Forecast & Opportunities , 2028 report says Vietnam is witnessing a rapid adoption of
The report recognises cloud computing has become increasingly popular in Vietnam .
Government programs such as Digital Vietnam and Smart Cities support the use of cloud-based infrastructure in industries such as e-governance , healthcare , education and finance . But the report says increased demand for data processing and storage capacity is a crucial factor .
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