Vietnam artificial intelligence market is expected to grow at a significant CAGR in the forecast period. The presence of low-cost labor is attracting technical organizations to invest and set up plants in Vietnam which is expected to influence the artificial intelligence market growth. Supportive government policies promoting the digitization of all prominent industry verticals to increase transparency and improve the efficiency of organizations are expected to fuel the growth of the artificial intelligence market in the next five years. The leading authorities are actively trying to deploy artificial intelligence services to increase the productivity of the public sector and improve the public services to reduce the processing and waiting time and other related costs. The growth of the robotic industry minimizes the chances of human errors and improves the overall performance of the system. Continuous technological advancements and the high-end investments for the ongoing research and development activities for the up-gradation of the existing artificial intelligence technology infrastructure are creating lucrative opportunities for the artificial intelligence market growth. The surge in the demand from the prominent industry verticals such as automotive, healthcare, retail, manufacturing, and finance industry, among others for the integration of artificial intelligence technology in their existing systems is expected to fuel the growth of the artificial intelligence market in the next five years.

Vietnam artificial intelligence market is segmented into component, technology, deployment mode, end-verticals, regional distribution, and company. Based on the component, the market can be divided into hardware, software, and services. The software segment is expected to hold the largest share of the artificial intelligence market in the forecast period, 2022-2026. The rise in the need of organizations to gain clarity about the visual content by the organizations for analysis and monitoring purposes is expected to fuel the artificial intelligence market growth. Upgradation of the computing power, processing capacity, and information storage capacity, among others, are further contributing to the market growth.

The major players operating in the Vietnam artificial intelligence market are FPT Software, TMA Solutions, TPS Software Corporation, Zalo, MTI Technology, Ekoios Technology, AgileTech Vietnam, Kyanon Digital, Beet Innovators, GRDAI, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022–2026

Objective of the Study:

  • To analyze the historical growth of the market size of Vietnam artificial intelligence market from 2016 to 2019.
  • To estimate and forecast the market size of Vietnam artificial intelligence market from 2020 to 2026 and growth rate until 2026.
  • To classify and forecast Vietnam artificial intelligence market based on component, technology, deployment mode, end-verticals, regional distribution, and company.
  • To identify dominant region or segment in the Vietnam artificial intelligence.
  • To identify drivers and challenges for Vietnam artificial intelligence.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam artificial intelligence.
  • To identify and analyze the profile of leading players operating in Vietnam artificial intelligence.
  • To identify key sustainable strategies adopted by market players in Vietnam artificial intelligence market.


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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 globe. 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 globe.

TechSci Research calculated the market size of Vietnam artificial intelligence 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 product types 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:

  • Artificial intelligence service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers

·         Organizations, forums, and alliances related to artificial intelligence.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Vietnam artificial intelligence market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Vietnam Artificial Intelligence Market, By Component:

    • Hardware
    • Software
    • Services
  • Vietnam Artificial Intelligence Market, By Technology:
    • Deep Learning
    • Machine Learning
    • Natural Language Processing
    • Image Processing
    • Others
  • Vietnam Artificial Intelligence Market, By Deployment Mode:
    • Cloud-Based
    • On-Premises
  • Vietnam Artificial Intelligence Market, By End-Verticals:
    • Healthcare
    • Retail
    • BSFI
    • Automotive
    • Advertising and Media
    • Manufacturing
    • IT & Telecom
    • Others
  • Vietnam Artificial Intelligence Market, By Region:
    • North
    • South
    • Central

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vietnam artificial intelligence 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).
Vietnam artificial intelligence market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Vietnam Artificial Intelligence Market

4.    Executive Summary

5.    Voice of Customers

6.     Global Artificial Intelligence Market Overview

7.    Vietnam Artificial Intelligence Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Component (Hardware, Software, & Services)

7.2.2.     By Technology (Deep Learning, Machine Learning, Natural Language Processing, Image Processing, Others)

7.2.3.     By Deployment Mode (Cloud-Based & On-Premises)

7.2.4.     By End-Verticals (Healthcare, Retail, BFSI, Automotive, Advertising and Media, Manufacturing, IT & Telecom & Others)

7.2.5.     By Region

7.2.6.     By Company

7.3.  Product Market Map

8.    Vietnam Artificial Intelligence Hardware Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Technology

8.2.2.     By Deployment Mode

8.2.3.     By End-Verticals

9.    Vietnam Artificial Intelligence Software Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Technology

9.2.2.     By Deployment Mode

9.2.3.     By End-Verticals

10.  Vietnam Artificial Intelligence Services Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Technology

10.2.2.  By Deployment Mode

10.2.3.  By End-Verticals

11.  Market Dynamics

11.1.  Drivers

11.2.  Challenges

12.  Market Trends & Developments

13.  Policy & Regulatory Landscape of Vietnam Artificial Intelligence Market

14.  Vietnam Economic Profile

15.  Competitive Landscape

15.1.    Competition Outlook

15.2.    Company Profiles

15.2.1.  FPT Software

15.2.2.  TMA Solutions

15.2.3.  TPS Software Corporation

15.2.4.  Zalo

15.2.5.  MTI Technology

15.2.6.  Ekoios Technology

15.2.7.  AgileTech Vietnam

15.2.8.  Kyanon Digital

15.2.9.  Beet Innovators

15.2.10.                GRDAI

16.  Strategic Recommendations

17. About Us & Disclaimer