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Report Description

Report Description

Vietnam cybersecurity market was valued at USD 187.74 million in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 18.42%, owing to government initiatives, increased attack vectors, artificial-intelligence attacks, among others, across the country. Protecting sensitive information and important systems from online threats is the discipline of cybersecurity. Threats to networked systems and applications can come from both within and outside of an organisation, which is why cybersecurity measures are created to counteract them. It primarily entails protecting networks, computers, servers, mobile devices, electronic systems, and data against harmful assaults. electronic information security and information technology security are other names of the same.

Increasing Demand for Bring Your Own Device (BYOD)

Bring your own technology (BYOD) is an IT strategy that permits and promotes staff members' usage of their own mobile devices (such as smartphones and tablets) at work. As a result, reliable and real-time data synchronisation is required for employees to access sensitive corporate data and applications, which increases the demand for mobile middleware implementation in mobile device apps. The risk of hackers stealing mobile devices to access the intellectual property has grown as BYOD is increasingly being used by businesses and organisations for greater productivity and innovation, cost savings, increased mobility, and employee happiness. Additionally, having personal devices on a commercial network makes it easier for hackers to access the network and data centre of the firm, creating serious vulnerability risks for the corporation. These cybercriminals include multinational hackers that target federal and government institutions, rivals who try to steal confidential information from businesses, displeased workers, and more. Concerns about mobile device security, data breach security, mobile data security, and mobile application security are anticipated to grow as the BYOD market expands, spurring investment in the Vietnam cybersecurity market in the upcoming years.

Rise in Demand for Big Data Analytics

Vietnam has experienced a surge in cyberattacks over the past several years, which has compromised personal data and led to the loss of financial and confidential information. There is a high demand for Security Information and Event Management (SIEM) technology and services due to the prevalence of cyberattacks and data breaches, globally. To identify threats and provide security incident responses, SIEM gathers real-time security events from several events and data sources. Large corporations formerly focused on threat prevention procedures. The companies were able to identify a cyber-attack based on historical patterns. However, ongoing innovation in the cybersphere emphasizes the significance of researching and examining cyber-attack patterns to help governments and corporations create effective cyber defenses. Big data is, therefore, anticipated to have a substantial influence on a variety of cybersecurity solutions, including network monitoring, fraud detection, identity and access management, and others. In the upcoming years, the Vietnam Cybersecurity Market is anticipated to expand due to the rising industry usage of big data cyber analytics.

Growing Usage of the Internet of Things (IoT)

In Vietnam, a number of industries have quickly embraced Internet of Things (IoT). Despite significant IoT adoption by government, this technology is still in its infancy. The development of IoT market has also received the attention of the government, along with businesses and science and technology organizations in the recent years. . In addition, the trend of connected devices, rising smartphone, smart device, and internet user penetration, etc., have been catching on in Vietnam. As automation and Internet-connected devices expand and data breaches become more frequent, the Vietnam Cybersecurity Market will grow as a result.


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Market Segmentation

The Vietnam Cybersecurity Market is divided into Security Type, Solution Type, Deployment Mode, and End-User Industry. Based on security type, the market is divided into Network Security, Application Security, Cloud Security, Endpoint Security, Content Security and Others. Based on 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 and Others. Based on deployment mode, the market is segmented into Cloud and On-premise. Based on the end-user industry, the market is segmented into BFSI, IT & Telecom, Retail, Government & Defense, Healthcare, Education Technology and Others.

Market Players

Major market players in the Vietnam Cybersecurity Market are FPT Corporation, SAP Vietnam Co. Ltd, IBM Vietnam Company Ltd, Microsoft Vietnam Limited Liability Company, Amazon Web Services Vietnam Limited, Cisco Systems Vietnam Ltd, Viettel Cybersecurity Company, Vietnam Posts and Telecommunications Group, Salesforce Inc, HPT Vietnam Corporation, Accenture Inc, Trellix Cybersecurity Company, CMC Corporation, and CrowdStrike Holdings Inc.

Attribute

Details

Market size value in 2022

USD187.74 million

Revenue Forecast in 2028

USD509.13 million

Growth Rate

18.42%

Base Year

2022

Historic Data

2018– 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD million, and CAGR for 2018-2022 and 2024-2028

Report Coverage

Revenue forecast, company share, growth factors, and trends

Segments Covered

By Security Type

By Solution Type

By Deployment Mode

By End-User Industry

Regional scope

Northern Vietnam, Southern Vietnam, Central Vietnam

Key companies profiled

FPT Corporation, SAP Vietnam Co. Ltd, IBM Vietnam Company Ltd, Microsoft Vietnam Limited Liability Company, Amazon Web Services Vietnam Limited, Cisco Systems Vietnam Ltd, Viettel Cybersecurity Company, Vietnam Posts and Telecommunications Group, Salesforce Inc, HPT Vietnam Corporation, Accenture Inc, Trellix Cybersecurity Company, CMC Corporation, and CrowdStrike Holdings 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/Word format on special request)

 

Report Scope:

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

  • Vietnam Cybersecurity Market, By Security Type:

o   Network Security

o   Application Security

o   Cloud Security

o   Endpoint Security

o   Content Security

o   Others

  •      Vietnam Cybersecurity Market, By Solution Type:

o   Firewall

o   Antivirus & Anti-Malware

o   Risk & Compliance Management

o   Identity & Access Management

o   Unified Threat Management

o   Data Loss Prevention

o   Encryption & Decryption

o   Intrusion Detection/Prevention System

o   Infrastructure Security

o   Others

  •       Vietnam Cybersecurity Market, By Deployment Mode:

o   Cloud

o   On-Premise

  •       Vietnam Cybersecurity Market, By End-User Industry:

o   BFSI

o   IT & Telecom

o   Retail

o   Government & Defense

o   Healthcare

o   Education Technology

o   Others

  • Vietnam Cybersecurity Market, By Region:

o   Northern Vietnam

o   Southern Vietnam

o   Central Vietnam

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Vietnam Cybersecurity Market.

Available Customizations:

Tech Sci 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 Cybersecurity 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]

Table of content

Table of content

1.    Service Overview

2.    Research Methodology

3.    Impact of COVID-19 on the Vietnam Cybersecurity 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.  Key Vendor Selection Parameters

6.    Vietnam Cybersecurity 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

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 End Point 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 & Regulatory Landscape

15. Top 10 Cybersecurity Breaches in Vietnam

16. Vietnam Economic Profile

17. Company Profiles

17.1.   FPT Corporation

17.2.   SAP Vietnam Co. Ltd

17.3.   IBM Vietnam Company Ltd.

17.4.   Microsoft Vietnam Limited Liability Company

17.5.   Amazon Web Services Vietnam Limited

17.6.   Cisco Systems Vietnam Ltd.

17.7.   Viettel Cybersecurity Company

17.8.   Vietnam Posts and Telecommunications Group

17.9.   Salesforce, Inc

17.10.HPT Vietnam Corporation

17.11.Accenture, Inc.

17.12.Trellix Cybersecurity Company

17.13.CMC Corporation

17.14.CrowdStrike Holdings Inc.

18. Strategic Recommendations

19. About Us & Disclaimer

Figures and Tables

List of Figures:


Figure 1: Vietnam Cybersecurity Market Size, By Value (USD Million), 2018-2028F

Figure 2: Vietnam Cybersecurity Market Share, By Security Type, By Value, 2018-2028F

Figure 3: Vietnam Cybersecurity Market Share, By Solution Type, By Value, 2018-2028F

Figure 4: Vietnam Cybersecurity Market Share, By Deployment Mode , By Value, 2018-2028F

Figure 5: Vietnam Cybersecurity Market Share, By End-User Industry, By Value, 2018-2028F

Figure 6: Vietnam Cybersecurity Market Share, By Region, By Value, 2018-2028F

Figure 7: Vietnam Cybersecurity Market Share, By Top 10 Provinces, By Value, 2018-2028F

Figure 8: Vietnam Cybersecurity Market Share, By Company, By Value, 2022

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), 2018-2028F

Figure 15: Vietnam Network Security Market Share, By Solution Type, By Value, 2018-2028F

Figure 16: Vietnam Network Security Market Share, By Deployment Mode , By Value, 2018-2028F

Figure 17: Vietnam Network Security Market Share, By End-User Industry, By Value, 2018-2028F

Figure 18: Vietnam Application Security Market Size, By Value (USD Million), 2018-2028F

Figure 19: Vietnam Application Security Market Share, By Solution Type, By Value, 2018-2028F

Figure 20: Vietnam Application Security Market Share, By Deployment Mode , By Value, 2018-2028F

Figure 21: Vietnam Application Security Market Share, By End-User Industry, By Value, 2018-2028F

Figure 22: Vietnam Cloud Security Market Size, By Value (USD Million), 2018-2028F

Figure 23: Vietnam Cloud Security Market Share, By Solution Type, By Value, 2018-2028F

Figure 24: Vietnam Cloud Security Market Share, By Deployment Mode , By Value, 2018-2028F

Figure 25: Vietnam Cloud Security Market Share, By End-User Industry, By Value, 2018-2028F

Figure 26: Vietnam Endpoint Market Size, By Value (USD Million), 2018-2028F

Figure 27: Vietnam Endpoint Market Share, By Solution Type, By Value, 2018-2028F

Figure 28: Vietnam Endpoint Market Share, By Deployment Mode , By Value, 2018-2028F

Figure 29: Vietnam Endpoint Market Share, By End-User Industry, By Value, 2018-2028F

Figure 30: Vietnam Content Security Market Size, By Value (USD Million), 2018-2028F

Figure 31: Vietnam Content Security Market Share, By Solution Type, By Value, 2018-2028F

Figure 32: Vietnam Content Security Market Share, By Deployment Mode , By Value, 2018-2028F

Figure 33:  Vietnam Content Security Market Share, By End-User Industry, By Value, 2018-2028F

Frequently asked questions

Frequently asked questions

The market size of the Vietnam Cybersecurity Market was estimated to be USD 187.74 million in 2022.

The cloud security segment is the fastest-growing security type for the Vietnam cybersecurity market, with a growing CAGR of 19.53% for the forecast period, owing to the rising adoption of cloud-based platforms across various industries.

For the end-user industry segment, BFSI holds the largest share with 34.62% in 2022 and is expected to dominate the market in the forecast period as well, due to the wide application of cybersecurity measures in the BFSI sector.

Increased social media usage and rising demand for cloud-based systems are the major drivers for the India Gypsum Board Market.

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