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Vietnam Green IT Software Forecasts Growth from $124.40M (2026) to $385.37M by 2031, Profiling Schneider Electric, Microsoft, IBM, SAP & 16 Other Key Players

globenewswire.com
MSFT Microsoft is identified as a major enterprise technology vendor incorporating sustainability functions into its software. This positions it to benefit from the growing demand for green IT solutions in Vietnam, though specific growth contributions are not detailed. IBM IBM is listed as a key player in the Vietnam Green IT Software market, which is expected to grow substantially. The company's inclusion indicates its relevance in this expanding sector, but the article does not provide specific performance details. SAP SAP is mentioned as a key player in the growing Vietnam Green IT Software market. As a major enterprise software provider, it is likely to benefit from the trend towards cloud migration and sustainability reporting, though specific impact is not detailed. HON Honeywell is listed as a key player in the Vietnam Green IT Software market, which is projected for significant growth. The company's involvement suggests potential benefit from market expansion, but no specific performance metrics are provided. JCI Johnson Controls is listed as a key player in the Vietnam Green IT Software market, which is projected for significant growth. The company's involvement suggests potential benefit from market expansion, but no specific performance metrics are provided.

Vietnam Green IT Software Forecasts Growth from $124.40M (2026) to $385.37M by 2031, Profiling Schneider Electric, Microsoft, IBM, SAP & 16 Other Key Players Dublin, Sept. 15, 2026 (GLOBE NEWSWIRE) -- "Vietnam Green IT Software - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)" has been added to ResearchAndMarkets.com's offering.

Vietnam Green IT Software Market to Reach USD 385.37 Million by 2031, Growing at a 25.37% CAGR

The Vietnam green IT software market was valued at USD 101.27 million in 2025 and is projected to increase from USD 124.40 million in 2026 to USD 385.37 million by 2031. The market is expected to register a compound annual growth rate of 25.37% during the 2026-2031 forecast period. Growth is being supported by carbon reporting regulations, enterprise cloud migration, environmental disclosure requirements, energy-efficiency initiatives and rising demand for auditable sustainability data.

Carbon Regulations Accelerate Green IT Software Adoption

Vietnam's evolving carbon market framework is creating significant demand for carbon management, emissions accounting and environmental reporting software. The country's domestic emissions trading system pilot began in August 2025, followed by Decree No. 29/2026/ND-CP in January 2026, which established a domestic carbon exchange operated by the Hanoi Stock Exchange.

Circular No. 11/2026/TT-BNNMT subsequently established the national carbon registry and introduced electronic tracking requirements for the issuance, transfer and cancellation of quotas and carbon credits. These measures are making digital recordkeeping essential for regulated organizations. Approximately 110 covered installations now require auditable emissions inventories and traceable reporting workflows that conventional spreadsheets may be unable to support efficiently at scale.

With full implementation expected in 2029, businesses are investing in green IT software to strengthen baseline data, reduce reporting errors and prepare for more rigorous compliance cycles. Climate-related requirements under the Corporate Governance Code 2026 are also expanding demand by increasing board-level accountability for environmental oversight and corporate sustainability disclosures.

Cloud Migration and Hybrid IT Modernization Support Market Growth

Enterprise cloud adoption in Vietnam is enabling companies to collect environmental, social and governance data across multiple facilities, automate reporting processes and integrate sustainability information with core business systems. Organizations increasingly require platforms that connect with enterprise resource planning applications while separating regulated data storage from analytics workloads.

Hybrid deployment is becoming especially important as Vietnamese businesses balance local cybersecurity and data residency obligations with international reporting requirements. Green IT software providers that offer interoperability, secure local hosting, multi-cloud capabilities and flexible system integration are positioned to benefit from this transition.

Major enterprise technology vendors are also incorporating sustainability functions into established software environments. This development is raising expectations for automated carbon accounting, energy monitoring, compliance documentation and real-time environmental performance analysis.

Specialized Talent Shortage Remains a Key Market Challenge

The shortage of professionals with expertise in cloud security, data architecture, carbon accounting and sustainability reporting may constrain the Vietnam green IT software market. Vietnam targeted a workforce of 700,000 information and communications technology professionals, but the total remained near 550,000 in 2025. Only 30% of graduates were considered immediately prepared for enterprise roles.

Competition for environmental, social and governance specialists is also increasing, with some positions attracting salary premiums of 15% to 25% compared with similar IT roles. Vietnam additionally requires approximately 150,000 specialized workers to support its carbon credit market. This demand places manufacturers, financial institutions, technology companies and government organizations in competition for a limited talent pool.

Workforce constraints can delay implementation after software is purchased. Companies need qualified employees and external partners to validate emissions data, establish inventories, integrate platforms and manage recurring disclosure cycles. As a result, talent shortages may affect software utilization, implementation schedules and customer expansion opportunities.

Additional factors influencing market development include green data center and energy-efficiency mandates, export compliance pressure associated with carbon border measures and ESG rules, and data localization requirements affecting international software vendors.

Software Platforms Maintain a Leading Market Position

Software represented 66.45% of the Vietnam green IT software market in 2025. Early investment focused on carbon management applications, ESG reporting systems and sustainability data platforms that support regulatory filings, audits and customer disclosures. Regulated operators and export-oriented enterprises have prioritized solutions that provide direct control over data inputs, approval procedures and reporting records.

Services are forecast to grow at a CAGR of 26.88% through 2031 as implementation, integration and advisory requirements increase. Demand is expanding for managed reporting, audit support, carbon accounting assistance, platform optimization and recurring systems integration. Partnerships between global software providers and local implementation specialists are expected to play an increasingly important role in addressing technical and regulatory requirements.

Cloud-Based and Hybrid Deployments Gain Momentum

Cloud-based solutions accounted for 57.81% of the market in 2025, supported by demand for centralized reporting across facilities, business units and supply chains. Cloud platforms enable faster software updates, remote collaboration, scalable data processing and integration with modern enterprise applications.

Hybrid deployment is projected to record a CAGR of 26.33% through 2031. This model allows organizations to retain sensitive information within local infrastructure while using cloud resources for analytics, workflow automation and collaboration. As cybersecurity, data residency and sustainability reporting requirements converge, deployment architecture is becoming an integral component of enterprise risk management and compliance strategy in Vietnam.

Key Topics Covered:

1 INTRODUCTION

1.1 Study Assumptions and Market Definition

1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

4.1 Market Overview

4.2 Market Drivers

4.2.1 Regulatory Push for Carbon and Energy Traceability

4.2.2 Cloud Migration and Hybrid Architecture Modernization

4.2.3 Green Data Center and Energy Efficiency Mandates

4.2.4 Export-Oriented Compliance Pressure From CBAM and ESG Rules

4.2.5 Industrial Park Decarbonization and ESG Digitization

4.2.6 AI-Driven Energy Optimization in High-Density Digital Infrastructure

4.3 Market Restraints

4.3.1 Talent Shortage in Cloud Security, Data Architecture, and Carbon Accounting

4.3.2 Data Localization and Compliance Complexity for Foreign Vendors

4.3.3 Power Grid and Infrastructure Constraints for Scalable Deployment

4.3.4 Budget Sensitivity Among SMEs and Mid-Market Buyers

4.4 Industry Value Chain Analysis

4.5 Impact of Macroeconomic Factors on the Market

4.6 Regulatory Landscape

4.7 Technological Outlook

4.8 Porter's Five Forces Analysis

4.8.1 Bargaining Power of Buyers

4.8.2 Bargaining Power of Suppliers

4.8.3 Threat of New Entrants

4.8.4 Threat of Substitutes

4.8.5 Competitive Rivalry

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

5.1 By Offering

5.1.1 Software

5.1.2 Services

5.2 By Deployment

5.2.1 Cloud-Based

5.2.2 On-Premise

5.2.3 Hybrid

5.3 By Enterprise Size

5.3.1 Large Enterprises

5.3.2 Small and Medium Enterprises

5.4 By Solution Type

5.4.1 Carbon Management and Accounting Software

5.4.2 ESG Reporting and Compliance Software

5.4.3 Sustainability Data Management Platforms

5.4.4 Decarbonization Planning Software

5.4.5 Energy and Resource Optimization Software

5.5 By End User

5.5.1 Information Technology and Telecom

5.5.2 Banking, Financial Services, and Insurance

5.5.3 Manufacturing

5.5.4 Energy and Utilities

5.5.5 Retail and E-Commerce

5.5.6 Government

5.5.7 Healthcare and Life Sciences

5.5.8 Construction and Infrastructure

5.5.9 Other End-User Industries

6 COMPETITIVE LANDSCAPE

6.1 Market Concentration

6.2 Strategic Moves

6.3 Market Share Analysis

6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)

6.4.1 Schneider Electric SE

6.4.2 Microsoft Corporation

6.4.3 IBM Corporation

6.4.4 SAP SE

6.4.5 Workiva Inc.

6.4.6 Watershed Technology, Inc.

6.4.7 Persefoni AI, Inc.

6.4.8 Sweep SAS

6.4.9 Normative AB

6.4.10 EcoVadis SAS

6.4.11 Diligent Corporation

6.4.12 Sphera Solutions, Inc.

6.4.13 Plan A

6.4.14 Greenly

6.4.15 Novisto Inc.

6.4.16 Cority Software Inc.

6.4.17 Enablon North America Corp.

6.4.18 Siemens AG

6.4.19 Honeywell International Inc.

6.4.20 Johnson Controls International plc

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

7.1 White-Space and Unmet-Need Assessment

For more information about this report visit https://www.researchandmarkets.com/r/fgt2dt

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