Vietnam Cyber Security market was valued at USD0.142 billion in 2020 and is projected to grow around USD0.350 billion by 2026 owing to the proliferation of technologies such as cloud-based systems, rising big data demand and increasing usage of internet of things and social media. However, growth in the industry was hampered in the year 2020, owing primarily to lockdown in the country to prevent COVID-19 spread, that resulted in a halt in economic activity, but the demand recovered after the second quarter.

Cybersecurity is the practice of protecting critical systems and sensitive information from digital attacks. Cybersecurity measures are designed to combat threats against networked systems and applications, whether those threats originate from inside or outside of an organization. It is basically the practice of defending computers, servers, mobile devices, electronic systems, networks, and data from malicious attacks. It's also known as information technology security or electronic information security.

Increased Demand for Bring Your Own Device Policy to Drive the Market Growth

Bring your own device (BYOD) is an IT policy that allows and encourages employees to use their personal devices, such as smartphones and tablets, within the workplace. This enables employees to access privileged company information and applications, necessitating accurate and real-time data synchronization, driving the need and demand for mobile middleware deployment in mobile device applications. With the growing adoption of BYOD by organizations and enterprises for increased productivity and innovation, cost savings, increased mobility, and employee satisfaction, there has been an increase in the risk of cybercriminals gaining access to intellectual property through mobile devices. Furthermore, using personal devices on an organization's network makes it simple for cybercriminals to gain access to the company's network and data center, posing high vulnerability issues to the organization. These cybercriminals include hackers, competitors attempting to steal proprietary data from companies, disgruntled employees, international hackers targeting federal and government agencies, etc. With the growth of the BYOD market, concerns about mobile device security, data breach security, mobile data security, and mobile application security are expected to rise, driving investment in the Vietnam Cybersecurity Market in the coming years.

Increased Use of Cloud-based Systems to Boost the Growth

The expansion of the IT sector in Vietnam has enticed many foreign cloud service giants, including Google, Amazon Web Services (AWS), and Alibaba, to enter and expand in the market. The public sector is transitioning to cloud-based business models, and the COVID-19 pandemic has accelerated that transition, increasing the need for data security. The rising popularity of cloud computing services, owing to their low cost, high performance, and ease of use is fueling the growth of the Vietnam Cybersecurity Market.

Use of Big Data Analytics to Positively Influence the Growth

Over the last few years, there has been an increase in the number of cyber-attacks across Vietnam, which has compromised people's personal data and resulted in the loss of financial and proprietary information. Given the number of cyber-attacks and data breaches that occur worldwide, there is a significant demand for Security Information and Event Management (SIEM) technologies and services. SIEM collects real-time security events from various events and data sources to detect threats and generate security incident responses. Previously, large organizations concentrated on threat prevention processes. Based on previous patterns, the organizations were able to detect a cyber-attack. However, continuous innovation in cyberspace highlights the importance of studying and analyzing cyber-attack trends to assist governments and organizations in developing appropriate cyber defenses. As a result, big data is expected to play a pivotal role in the cyber security market, with a significant impact on various cyber security solutions such as network monitoring, fraud detection, identity, and access management, and so on. With the increased adoption of big data cyber analytics by enterprises, the Vietnam Cybersecurity Market is expected to grow in the coming years.


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Market Segmentation

The Vietnam Cyber Security market can be segmented based on Security Type, Solution Type, Deployment Mode, End-User Industry, region, company. Based on Security Type, the market can be segmented into Network Security, Application Security, Cloud Security, Endpoint Security, Content Security, Others. In terms of Solution Type, the market is segmented into Firewall, Antivirus and Anti-Malware, Risk and Compliance Management, Identity and Access Management, Unified Threat Management, Data Loss Prevention, Encryption and Decryption, Intrusion Detection/Prevention System, Infrastructure Security, Others. Based on the Deployment Mode, the market is segmented into Cloud, On-premise. Based on End-User Industry, the market is segmented into BFSI, IT & Telecom, Retail, Government and Defense, Healthcare, Education Technology, Others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Northern Vietnam, Southern Vietnam and Central Vietnam.

Company Profiles

Viettel Cyber Security Company, FPT Corporation, CMC Corporation, IBM Vietnam Company Ltd., HPT Vietnam Corporation, Microsoft Vietnam Limited Liability Company, Amazon Web Services Vietnam Company Limited, SAP (Asia) Vietnam Co. Ltd., Vietnam Posts and Telecommunications Group, etc. are the major players operating in the Vietnam Cyber Security market.

Attribute

Details

Market Size Value in 2020

USD142 Million

Revenue Forecast in 2026

USD350 Million

Growth Rate

16.52%

Base Year

2020

Historical Years

2016 – 2019

Estimated Year

2021

Forecast Period

2022 – 2026

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2016-2020 and 2021-2026

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Security Type

·         Solution Type

·         Deployment Mode

·         End-User Industry

Regional Scope

Northern Vietnam; Southern Vietnam; Central Vietnam

Key Companies Profiled

Viettel Cyber Security Company, FPT Corporation, CMC Corporation, IBM Vietnam Company Ltd., HPT Vietnam Corporation, Microsoft Vietnam Limited Liability Company, Amazon Web Services Vietnam Company Limited, SAP Asia (Vietnam) Co. Ltd., Vietnam Posts and Telecommunications Group, Salesforce.com Inc., Cisco Systems Vietnam Ltd, CrowdStrike Holdings, FireEye, Inc., McAfee LLC, Accenture, Inc.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

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

  • Vietnam Cyber Security Market, By Security Type:
    • Network Security
    • Application Security
    • Cloud Security
    • Endpoint Security
    • Content Security
    • Others

·         Vietnam Cyber Security Market, By Solution Type:

    • Firewall
    • Antivirus and Anti-Malware
    • Risk and Compliance Management
    • Identity and Access Management
    • Unified Threat Management
    • Data Loss Prevention
    • Encryption and Decryption
    • Intrusion Detection/Prevention System
    • Infrastructure Security
    • Others
  • Vietnam Cyber Security Market, By Deployment Mode:
    • Cloud
    • On-premise
  • Vietnam Cyber Security Market, By End-User Industry:
    • BFSI
    • IT & Telecom
    • Retail
    • Government and Defense
    • Healthcare
    • Education Technology
    • Others
  • Vietnam Cyber Security Market, By Region:
    • Northern Vietnam
    • Southern Vietnam
    • Central Vietnam

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Vietnam Cyber Security 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).

In case you do not find what, you are looking for, please get in touch with our custom research team at sales@techsciresearch.com  

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Service Overview

2.    Research Methodology

3.    Impact of COVID-19 on Vietnam Cyber Security Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Brand Awareness

5.2.  Types of Security Threats Experienced

5.3.  Impact of Cybersecurity Threat

5.4.  Customer Satisfaction

5.5.  Key Vendor Selection Parameters

6.    Vietnam Cyber Security Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Security Type (Network Security, Application Security, Cloud Security, Endpoint Security, Content Security & Others)

6.2.2.     By Solution Type (Firewall, Antivirus & Anti-Malware, Risk & Compliance Management, Identity & Access Management, Unified Threat Management, Data Loss Prevention, Encryption & Decryption, Intrusion Detection/Prevention System, Infrastructure Security & Others)

6.2.3.     By Deployment Mode (Cloud & On-premise)

6.2.4.     By End-User Industry (BFSI, IT & Telecom, Retail, Government & Defense, Healthcare, Education Technology & Others)

6.2.5.     By Region

6.2.6.     By Top 10 Provinces

6.2.7.     By Company (2020)

6.3.  Market Map

7.    Vietnam Network Security Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Solution Type

7.2.2.     By Deployment Mode

7.2.3.     By End-User Industry

8.    Vietnam Application Security Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Solution Type

8.2.2.     By Deployment Mode

8.2.3.     By End-User Industry

9.    Vietnam Cloud Security Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Solution Type

9.2.2.     By Deployment Mode

9.2.3.     By End-User Industry

10.  Vietnam Endpoint Security Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Solution Type

10.2.2.  By Deployment Mode

10.2.3.  By End-User Industry

11.  Vietnam Content Security Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Solution Type

11.2.2.  By Deployment Mode

11.2.3.  By End-User Industry

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends and Developments

14.  Policy and Regulatory Landscape

15.  Vietnam Economic Profile

16.  Company Profiles

16.1.              FPT Corporation

16.2.              Viettel Cyber Security Company

16.3.              Vietnam Posts and Telecommunications Group

16.4.              SAP Asia (Vietnam) Co. Ltd.

16.5.              IBM Vietnam Company Ltd.

16.6.              Microsoft Vietnam Limited Liability Company

16.7.              Amazon Web Services Vietnam Company Limited

16.8.              Cisco Systems Vietnam Ltd.

16.9.              Salesforce.com, Inc.

16.10.            HPT Vietnam Corporation

16.11.            CMC Corporation

16.12.            CrowdStrike Holdings

16.13.            Accenture, Inc.

16.14.            McAfee, LLC

16.15.            FireEye, Inc.

17.  Strategic Recommendations

18.  About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • List of Figures 

    Figure 1: Vietnam Cybersecurity Market Size, By Value (USD Million), 2016-2026F
    Figure 2: Vietnam Cybersecurity Market Share, By Security Type, By Value, 2016-2026F
    Figure 3: Vietnam Cybersecurity Market Share, By Solution Type, By Value, 2016-2026F
    Figure 4: Vietnam Cybersecurity Market Share, By Deployment Mode, By Value, 2016-2026F
    Figure 5: Vietnam Cybersecurity Market Share, By End-User Industry, By Value, 2016-2026F
    Figure 6: Vietnam Cybersecurity Market Share, By Region, By Value, 2016-2026F
    Figure 7: Vietnam Cybersecurity Market Share, By Top 10 Provinces, By Value, 2016-2026F
    Figure 8: Vietnam Cybersecurity Market Share, By Company, By Value, 2020
    Figure 9: Vietnam Cybersecurity Market Map, By Security Type, Market Size (USD Million) & Growth Rate (%)
    Figure 10: Vietnam Cybersecurity Market Map, By Solution Type, Market Size (USD Million) & Growth Rate (%)
    Figure 11: Vietnam Cybersecurity Market Map, By Deployment Mode, Market Size (USD Million) & Growth Rate (%)
    Figure 12: Vietnam Cybersecurity Market Map, By End-User Industry, Market Size (USD Million) & Growth Rate (%)
    Figure 13: Vietnam Cybersecurity Market Map, By Region, Market Size (USD Million) & Growth Rate (%)
    Figure 14: Vietnam Network Security Market Size, By Value (USD Million), 2016-2026F
    Figure 15: Vietnam Network Security Market Share, By Solution Type, By Value, 2016-2026F
    Figure 16: Vietnam Network Security Market Share, By Deployment Mode, By Value, 2016-2026F
    Figure 17: Vietnam Network Security Market Share, By End-User Industry, By Value, 2016-2026F
    Figure 18: Vietnam Application Security Market Size, By Value (USD Million), 2016-2026F
    Figure 19: Vietnam Application Security Market Share, By Solution Type, By Value, 2016-2026F
    Figure 20: Vietnam Application Security Market Share, By Deployment Mode, By Value, 2016-2026F
    Figure 21: Vietnam Application Security Market Share, By End-User Industry, By Value, 2016-2026F
    Figure 22: Vietnam Cloud Security Market Size, By Value (USD Million), 2016-2026F
    Figure 23: Vietnam Cloud Security Market Share, By Solution Type, By Value, 2016-2026F
    Figure 24: Vietnam Cloud Security Market Share, By Deployment Mode, By Value, 2016-2026F
    Figure 25: Vietnam Cloud Security Market Share, By End-User Industry, By Value, 2016-2026F
    Figure 26: Vietnam Endpoint Market Size, By Value (USD Million), 2016-2026F
    Figure 27: Vietnam Endpoint Market Share, By Solution Type, By Value, 2016-2026F
    Figure 28: Vietnam Endpoint Market Share, By Deployment Mode, By Value, 2016-2026F
    Figure 29: Vietnam Endpoint Market Share, By End-User Industry, By Value, 2016-2026F
    Figure 30: Vietnam Content Security Market Size, By Value (USD Million), 2016-2026F
    Figure 31: Vietnam Content Security Market Share, By Solution Type, By Value, 2016-2026F
    Figure 32: Vietnam Content Security Market Share, By Deployment Mode, By Value, 2016-2026F
    Figure 33: Vietnam Content Security Market Share, By End-User Industry, By Value, 2016-2026F