Vietnam Telecom Market, By Type (Wireless Telecommunication Carriers, Wired Telecommunication Carriers, Communication Hardware, Satellite and Telecommunication Resellers), By Service Type (Managed Data Center, Managed Network Services, Managed Data & Information Services, Managed Mobility Services, Managed Communications Services and Managed Security Services), By Equipment (Networking Equipment, Transmitting Device, End Point Device), By Deployment (On-Premises, Cloud), By Application (Household, Commercial), By Region, Competition Forecast & Opportunities, 2017-2027
The Vietnam Telecom market is anticipated to grow at a significant rate during the forecast period. The market growth can be attributed to the rising penetration of smartphones and increasing demand for fixed broadband subscribers. Growing demand for high-speed connectivity by the customers and increasing spending on the deployment of 5G infrastructure are anticipated to positively influence the growth of the Vietnam Telecom market. A shift in consumers’ preferences for the adoption of next-generation technologies and the growing need for real-time data from customers are supporting the growth of the Vietnam Telecom market in the forecast period. The rising adoption of smartphone devices and rising demand for high-speed data connectivity are some of the factors driving the growth of the Vietnam Telecom market during the forecast period. Rapid urbanization practices and better living standards are creating a greater need for faster internet connectivity, which is anticipated to propel the growth of the Vietnam Telecom market. An increasing number of mobile subscribers and expanding demand for value-added managed services are other factors fueling the growth of the Vietnam Telecom market. Continued technological advancements leading to better broadband connectivity and a growing number of OTT solution providers that offer video, audio, and other content over the internet are driving the growth of the Vietnam Telecom market. Furthermore, increased use of IP networks, sophisticated business intelligence technologies, and the emergence of key players in the telecom market is also propelling the growth of the Vietnam Telecom market.
Vietnam Telecom market is segmented into type, service type, equipment, deployment, application, regional distribution, and company. Based on deployment, the market is divided into on-premises and cloud. The cloud segment is anticipated to witness the fastest growth during the forecast period. The rapid transition of organizations to work from remote locations and the growing need for digital transformation are aiding the dominance of the cloud segment.
Leading players in the Vietnam Telecom market are AT&T, EVNTelecom, Viettel Group, Vietnam Mobile Telecom Services, Vinaphone, Vietnam Posts and Telecommunications Group, GTel Mobile JSC, FPT Corporation, NamVietNet Telecommunication Service Joint Stock Company, Saigon Post and Telecommunications Services Corporation, SaoBacDau Technologies, NetNam, VMG Media JSC, VTC Telecommunications JSC, METUB Network, and others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F–2027F
Objective of the Study:
- To analyze the historical growth in the market size of Vietnam Telecom market from 2017 to 2021.
- To estimate and forecast the market size of Vietnam Telecom market from 2022E to 2027F and growth rate until 2027F.
- To classify and forecast Vietnam Telecom market based on type, service type, equipment, deployment, application, regional distribution, and company.
- To identify dominant region or segment in the Vietnam Telecom market.
- To identify drivers and challenges for Vietnam Telecom market.
- To examine competitive developments such as expansions, new services, mergers & acquisitions, etc., in Vietnam Telecom market.
- To identify and analyze the profile of leading players operating in Vietnam Telecom market.
- To identify key sustainable strategies adopted by market players in Vietnam Telecom market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of Vietnam Telecom market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these services and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Telecom service provider companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to Telecom market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, vendors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Vietnam Telecom Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Vietnam Telecom Market, By Type:
- Wireless Telecommunication Carriers
- Wired Telecommunication Carriers
- Communication Hardware
- Satellite and Telecommunication Resellers
- Vietnam Telecom Market, By Service Type:
- Managed Data Center
- Managed Network Services
- Managed Data & Information Services
- Managed Mobility Services
- Managed Communications Services
- Managed Security Services
- Vietnam Telecom Market, By Equipment:
- Networking Equipment
- Transmitting Device
- End Point Device
- Vietnam Telecom Market, By Deployment:
- On-Premises
- Cloud
- Vietnam Telecom Market, By Application:
- Household
- Commercial
- Vietnam Telecom Market, By Region:
- North Vietnam
- Central Vietnam
- South Vietnam
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Vietnam Telecom market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
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