Vietnam Telecom Market By Type (Wireless Telecommunication Carriers, Wired Telecommunication Carriers, Communication Hardware, Satellite and Telecommunication Resellers), By Service Type (Managed Data Centre, 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, 2027

Vietnam Telecom market is expected to grow at a steady CAGR in the forecast period, 2023-2027. The proliferation of smartphones and increase in the fixed broadband subscribers is driving the demand of the Vietnam Telecom market. The growing demand for high-speed connectivity by the customers and the massive expenditure for the deployment of the 5G technology are expected to influence the market growth. The use of 5G technology can facilitate autonomous cars and other smart devices and equipment to obtain real-time information. The shift in customers' preference for the adoption of next-generation technologies and getting real-time data from the customers are contributing to the Vietnam Telecom market growth. The COVID-19 pandemic and the work from home facility provided to the employees is surging the demand for broader bandwidth. The growing adoption of the internet of things technology among the prominent industry verticals to get real-time analysis and monitoring applications with the data generated by sensors and other hardware and software is boosting the growth of the Vietnam Telecom market. The rapid urbanization of people searching for better job opportunities and quality living standards is accelerating the demand for fast internet connectivity with the growing number of internet users.

Vietnam Telecom market is segmented into type, service type, equipment, deployment, application, regional distribution, and company. Based on deployment, the market is bifurcated into on-premises and cloud. The cloud segment is expected to witness the fastest incremental growth for the forecast period, 2023-2027. The rapid transition of organizations to work from remote locations and the ongoing digital transformation are driving the growth of the segment. Cloud technology is scalable, accessible, secure, and can be accessed from anywhere at any time, making organizations make huge investments to develop cloud infrastructure.

The major players operating 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. 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.

Objective of the Study:

• To analyze the historical growth of the market size of Vietnam Telecom market from 2017 to 2020.
• To estimate and forecast the market size of Vietnam Telecom market from 2021 to 2027 and growth rate until 2027.
• 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 product launches, 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.

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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 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 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:

• 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, suppliers 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 Centre
• 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
• Central
• South

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 specific3 needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Vietnam Telecom 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]