Vietnam Data Analytics Market, By Type, By Solutions, By Function, By Deployment, By End Use Industry, By Region, Competition Forecast & Opportunities, 2017-2027

Vietnam data analytics market is projected to grow at a significant rate during the forecast period. The market growth can be attributed to the high demand for data analytics from various organizations to manage, process, and streamline multiple operations simultaneously in real-time. Besides, data analytics provide organizations the opportunity to better understand customers by gaining critical insights and creating better marketing operations and improving campaigns. Moreover, various industries are adopting big data and business analytics to analyze vast volumes of data generated on online and offline mediums, driving the growth of the Vietnam data analytics market. Furthermore, the introduction of cloud-based big data and business analytics and investments by market players in cloud technology to gain a competitive edge over other service providers are expected to propel the growth of the Vietnam data analytics market in the next five years. The increasing need for gaining better insights for better planning and expansion of the market is driving the growth of the Vietnam data analytics market. However, high implementation costs and a lack of skilled workers might hinder the growth of the Vietnam data analytics market. Growing penetration of internet services and greater adoption of cloud technology are anticipated further to drive the growth of Vietnam data analytics market. Moreover, the up-gradation of the existing system in the organization, increasing IT expenditure, and rise in digital transformation are expected to fuel the growth of the Vietnam data analytics market.

Vietnam data analytics market is segmented into type, solutions, function, deployment, end use industry, regional distribution, and company. Based on deployment, the market is bifurcated into the cloud and on-premises. The cloud deployment segment is anticipated to dominate the Vietnam data analytics market during the forecast period. Cloud provides a higher level of security and allows users to avail data from remote locations at any time with a stable internet connection.

Leading players in the Vietnam data analytics market are SAP SE, IBM Corporation, Microsoft Corporation, Amazon Web Services, Inc., Tableu Software LLC, Oracle Corporation, Altyrex, Accenture Plc, NTT Data Corporation, Bac Ha Software, ITC Group, TMA Solutions, Kyanon Digital, KMS Technology Inc., Agile Tech Vietnam, and others.

Years considered for this report:

Historical Years: 2017-2020

Base Year: 2021

Estimated Year: 2022E

Forecast Period: 2023F-2027F

Objective of the Study:

• To analyze the historical growth in the market size of Vietnam data analytics market from 2017 to 2021.
• To estimate and forecast the market size of Vietnam data analytics market from 2022E to 2027F and growth rate until 2027F.
• To classify and forecast Vietnam data analytics market based on type, solutions, function, deployment, end use industry, regional distribution, and company.
• To identify dominant region or segment in the Vietnam data analytics Market.
• To identify drivers and challenges for Vietnam data analytics Market.
• To examine competitive developments such as expansions, new services, mergers & acquisitions, etc., in Vietnam data analytics Market.
• To identify and analyze the profile of leading players operating in Vietnam data analytics Market.
• To identify key sustainable strategies adopted by market players in Vietnam data analytics market.

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, and presence of all major players across the country.

TechSci Research calculated the market size of Vietnam data analytics 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 services 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:

• Data analytics service provider companies
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances related to data analytics market

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

Report Scope:

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

• Vietnam Data Analytics Market, By Type:

Predictive Analytics

Descriptive Analytics

Prescriptive Analytics

Diagnostic Analytics

• Vietnam Data Analytics Market, By Solutions:

Business Intelligence

Database Management

Data Mining

Fraud & Security Intelligence

Others

• Vietnam Data Analytics Market, By Deployment:

Cloud

On-Premises

• Vietnam Data Analytics Market, By End Use Industry:

Government & Defense

BFSI

Retail & Ecommerce

Healthcare

Transport & Logistics

Others

• Vietnam Data Analytics Market, By Region:

North Vietnam

South Vietnam

Central Vietnam

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vietnam data analytics 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).