Vietnam Enterprise Business Chat Software Market, By Deployment Mode (On-Premises, Cloud), By Operating System (Android, iOS), By Device (PC, Mobile), By End User Industry (BFSI, Healthcare, IT and Telecommunication, Retail, Travel and Hospitality), By Organization Size (SME, Large Enterprises), By Region, Competition, Forecast & Opportunities, 2017-2027
Vietnam enterprise business chat software market stood at USD30.30 million in 2021, and is anticipated to grow with a CAGR of 20.57% during the forecast period, 2023-2027, to achieve the market value USD92.97 million by 2027. The growing trend of working from home and enterprises functioning based on the work from the home platform is actively driving the growth of the Vietnam enterprise business chat software market in the upcoming five years. Higher adoption of artificial intelligence-based optimized communications and growing adoption of the internet of things are anticipated to support further the growth of the Vietnam enterprise business chat software market in the next five years. Growing demand for the end-to-end encrypted conversations and communications, along with surging demand for the secure distribution of the data, further aids the growth of the Vietnam enterprise business chat software market in the future five years. Enterprise business chat software is a business communication app used to connect with employees. The enterprise business chat software can be used to view conversations, send messages, and share data with one tab and one password. Added features of video sharing, voice calling, Voice over Wi-Fi and IP, Web RTC, instant texting, etc., adds to the growing demand and thus influence the adoption of the services, thereby substantiating the growth of the Vietnam enterprise business chat software market in the forecast years through 2027.
Risks of data theft while transferring, malicious code attacks and increasing software virus attacks also influence the market growth. Using the business chat software also inhibits internet service providers, phone service providers, government agencies, and even telecoms organizations from accessing the encryption keys required to decode the conversation, thus driving the growth of the Vietnam enterprise business chat software market in the forecast period.
The Vietnam enterprise business chat software market can be segmented into deployment mode, operating system, device, end user industry, organization size, competitive landscape, and regional distribution. Based on deployment mode, the market is segmented into on-premises and cloud. On premises deployment is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the grounds of higher dependency of the end users over the traditional in-house implementation of the services. The cloud-based deployment is expected to gain faster growth in the next five years due to enhanced services, security solutions, and efficient access to secured data. Based on operating system, the market is segmented into android and IOS. Based on device, the market is segmented into PC and mobile. Based on end user industry, the market is segmented into BFSI, healthcare, IT and Telecommunication, retail, travel, and hospitality. Based on organization size, the market is segmented into SME and large enterprises. Based on region, the market is segmented into North Vietnam, South Vietnam, and Central Vietnam.
VNG Corporation, Slack Technologies, LLC, Zoho Vietnam, Zendesk, Inc., Livechat Software SA, Chatwork Vietnam, Flock FZ-LLC, Atlassian, Inc., Bitrix24, Skype Technologies (Microsoft Vietnam) are among the major market players in the Vietnam enterprise business chat software market.
Years considered for this report:
Historical Years: 2017 - 2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F– 2027F
Objective of the Study:
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