Vietnam Telecom Services Market Size and Analysis by Service Revenue, Penetration, Subscription, ARPU's (Mobile and Fixed by Segments and Technology), Competitive Landscape and Forecast, 2022-2027

Vietnam Telecom Services Market Size and Analysis by Service Revenue, Penetration, Subscription, ARPU's (Mobile and Fixed by Segments and Technology), Competitive Landscape and Forecast, 2022-2027

Summary

Vietnam Telecom Services Market Size and Analysis by Service Revenue, Penetration, Subscription, ARPU's (Mobile and Fixed by Segments and Technology), Competitive Landscape and Forecast, 2022-2027, a new Country Intelligence Report by GlobalData, provides an executive-level overview of the telecommunications market in Vietnam today, with detailed forecasts of key indicators up to 2027. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics, and evolution of demand by service type and technology/platform across the fixed telephony, broadband, and mobile segments, as well as a review of key regulatory trends.

Total telecom service revenue in Vietnam will increase at a CAGR of 4.4%, primarily supported by growth in the mobile data and fixed broadband service segments. Mobile data service revenue will increase at a CAGR of 13.5%. This growth will be driven by growing mobile Internet subscriptions, growth in 4G subscriptions, and the projected increase in adoption of 5G services and subsequent increase in mobile data ARPU. Fixed broadband revenue, meanwhile, will grow at 2.1% CAGR, driven by projected growth in FTTH subscriptions on the back of efforts by the local government to expand fixed broadband networks in the country.

The Country Intelligence Report provides in-depth analysis of the following -

• Demographic and macroeconomic context in Vietnam.
• The regulatory environment and trends: a review of the regulatory setting and agenda for the next 18-24 months as well as relevant developments pertaining to spectrum licensing, national broadband plans, tariff regulation, and more.
• Telecom services market outlook: analysis as well as historical figures and forecasts of service revenue from the fixed telephony, broadband, mobile voice, and mobile data markets.
• The competitive landscape: an examination of the positioning of leading players in the telecom services market as well as subscription market shares across segments.
• Company snapshots: analysis of the financial position of leading service providers in the telecommunications markets.
• Underlying assumptions behind our published base-case forecasts, as well as potential market developments that would alter, either positively or negatively, our base-case outlook.

• Total telecom service revenue in Vietnam will grow at a CAGR of 4.4% during the 2022-2027 period, supported by growth in the mobile data and fixed broadband segments.
• 4G services will account for 69.5% of mobile subscriptions in 2027, supported by ongoing LTE network expansion by MNOs.
• The top three operators Viettel, VNPT, and Mobifone, accounted for 94.4% of total mobile subscriptions in 2022.

• This Country Intelligence Report offers a thorough, forward-looking analysis of Vietnam’s telecommunications markets, service providers and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
• Accompanying GlobalData’s Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in Vietnam’s mobile communications, fixed telephony and broadband markets, including the evolution of service provider market shares.
• With more than 20 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
• The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in Vietnam’s telecommunications markets.
• The broad perspective of the report coupled with comprehensive, actionable detail will help operators, equipment vendors and other telecom industry players succeed in the challenging telecommunications market in Vietnam.