Vietnam Software as a Service market is expected to grow with a steady CAGR for the forecast period, 2023-2027. The development of the ICT infrastructure in the country and the growing demand from the prominent industry verticals such as healthcare, telecommunication, retail, telecommunication, and other sectors are driving the demand of the Vietnam Software as a Service market. The growing adoption of cloud services by organizations as they offer several advantages such as scalability, affordability, improved accessibility. Software as a Service help organizations to reduce the up-front cost as it requires no up-front licensing fees and is subscription-based. It also helps in converting capital expenses into operational expenses as it eliminates the need for additional hardware and middleware and significantly reduces the installation and implementation costs. The adoption of Software as a Service by organizations to lower unpredictable costs of managing, patching, and updating the data is bolstering the market growth. The expected roll-out of 5G technology and the high internet penetration, along with the proliferation of the smart devices in the country, is contributing to the Vietnam Software as a Service market growth.

Vietnam Software as a Service market is segmented into business application, offering, organization size, deployment, end user, regional distribution, and company. Based on the deployment, the market is bifurcated into the cloud and on-premises. The cloud segment is expected to dominate the Vietnam Software as a Service market for the forecast period, 2023-2027. The growing digitalization across the country and can provide improved access to resources and solutions. The adoption of cloud servers eliminates the need for organizations to maintain on-premises servers that makes them highly affordable.

The major players operating in the Vietnam Software as a Service market are Microsoft Vietnam LLC, Oracle Vietnam Pte Ltd, SAP Vietnam Co. Ltd., Adobe, Inc, Salesforce.com Inc, Saigon Technology, FPT Software, IBM Vietnam Co., Ltd., Cisco Systems Vietnam, Amazon Web Services, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market.

Objective of the Study:

  • To analyze the historical growth of the market size of Vietnam Software as a Service market from 2017 to 2020.
  • To estimate and forecast the market size of Vietnam Software as a Service market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast Vietnam Software as a Service market based on business application, offering, organization size, deployment, end user, regional distribution, and company.
  • To identify dominant region or segment in the Vietnam Software as a Service.
  • To identify drivers and challenges for Vietnam Software as a Service.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam Software as a Service.
  • To identify and analyze the profile of leading players operating in Vietnam Software as a Service.
  • To identify key sustainable strategies adopted by market players in Vietnam Software as a Service 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 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 Software as a Service 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:

  • Software as a Service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers

·         Organizations, forums, and alliances related to Software as a Service market

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.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F

Report coverage

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

Segments covered

·         Business Application

·         Offering

·         Organization Size

·         Deployment

·         End User

Regional scope

Northern; Central; Southern

Key companies profiled

Microsoft Vietnam LLC, Oracle Vietnam Pte Ltd, SAP Vietnam Co. Ltd., Adobe, Inc, Salesforce.com Inc, Saigon Technology, FPT Software, IBM Vietnam Co., Ltd., Cisco Systems Vietnam, Amazon Web Services.

Customization scope

10% free report customization with purchase. Addition or alteration to 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, Vietnam Software as a Service market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Vietnam Software as a Service Market, By Business Application:

    • Marketing
    • Customer Relationship Management
    • Business Operations
    • Finance
    • Data-base Management
    • Enterprise Resource Planning
    • Others
  • Vietnam Software as a Service Market, By Offering:
    • Horizontal SaaS
    • Vertical SaaS
  • Vietnam Software as a Service Market, By Organization Size:
    • Large Enterprises
    • SMEs
  • Vietnam Software as a Service Market, By Deployment:
    • Cloud
    • On-Premises
  • Vietnam Software as a Service Market, By End User:
    • Manufacturing
    • Healthcare
    • IT & Telecom
    • Retail
    • Education
    • BFSI
    • Others
  • Vietnam Software as a Service Market, By Region:
    • North
    • South
    • Central

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vietnam Software as a Service 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 Software as a Service 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]

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Vietnam Software as a Service Market

4.    Executive Summary

5.    Vietnam Software as a Service Market Outlook

5.1.  Market Size & Forecast

5.1.1.   By Value

5.2.  Market Share & Forecast

5.2.1.   By Business Application (Marketing, Customer Relationship Management, Business Operations, Finance, Database Management, Enterprise Resource Planning, Others)

5.2.2.   By Offering (Horizontal SaaS, Vertical SaaS)

5.2.3.   By Organisation Size (Large Enterprises, SMEs)

5.2.4.   By Deployment (Cloud, On-Premises)

5.2.5.   By End User (Manufacturing, Healthcare, IT & Telecom, Retail, Education, BFSI, Others)

5.2.6.   By Region (North Vietnam, Central Vietnam, South Vietnam)

5.2.7.   By top 10 Provinces

5.2.8.   By Company (2021)

5.3.  Market Attractiveness Index

6.    North Vietnam Software as a Service Market Outlook

6.1.  Market Size & Forecast

6.1.1.   By Value

6.2.  Market Share & Forecast

6.2.1.  By Business Application

6.2.2.  By Offering

6.2.3.  By Organisation Size

6.2.4.  By Deployment

6.2.5.  By End User

7.    Central Vietnam Software as a Service Market Outlook

7.1.  Market Size & Forecast

7.1.1.   By Value

7.2.  Market Share & Forecast

7.2.1.  By Business Application

7.2.2.  By Offering

7.2.3.  By Organisation Size

7.2.4.  By Deployment

7.2.5.  By End User

8.    South Vietnam Software as a Service Market Outlook

8.1.  Market Size & Forecast

8.1.1.   By Value

8.2.  Market Share & Forecast

8.2.1.  By Business Application

8.2.2.  By Offering

8.2.3.  By Organisation Size

8.2.4.  By Deployment

8.2.5.  By End User

9.    Market Dynamics

9.1.  Drivers

9.2.  Challenges

10.  Market Trends & Developments

11.  Policy & Regulatory Landscape

12.  Competitive Landscape

12.1.              Competition Outlook

12.2.             Company Profiles

12.2.1.                Microsoft Vietnam LLC

12.2.2.                Oracle Vietnam Pte Ltd

12.2.3.                SAP Vietnam Co. Ltd.

12.2.4.                Adobe, Inc

12.2.5.                Salesforce.com Inc

12.2.6.                Saigon Technology

12.2.7.                FPT Software

12.2.8.                IBM Vietnam Co., Ltd.,

12.2.9.                Cisco Systems Vietnam

12.2.10.              Amazon Web Services

13.  Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]