Vietnam UPS Systems Market Forecast Report 2023-2024 & 2030: Rapid Urbanization and Smart City Projects Propel Demand, Equinix, FPT, and NTT Investing Heavily in Data Center Expansion
Portfolio Pulse from
Vietnam's rapid urbanization and smart city projects are driving demand for UPS systems, with significant investments from Equinix, FPT, and NTT in data center expansion. The country's goal of a $45 billion digital economy by 2025 is boosting IT adoption and the need for reliable power solutions.

December 31, 2024 | 9:30 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Equinix is investing heavily in data center expansion in Vietnam, driven by the country's digital economy goals and increased demand for UPS systems.
Equinix's investment in Vietnam's data center market aligns with the country's digital economy goals, likely boosting its revenue and market presence in the region.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80