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Market Research Report

Vietnam Internet of Things Market, By Platform, By Component, By Type, By Application, By Region, Competition, Forecast & Opportunities, 2015 - 2025

Published by TechSci Research Product code 979723
Published Content info 77 Pages
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Vietnam Internet of Things Market, By Platform, By Component, By Type, By Application, By Region, Competition, Forecast & Opportunities, 2015 - 2025
Published: January 1, 2021 Content info: 77 Pages
Description

Title:
Vietnam Internet of Things Market, By Platform (Network Management, Application Management and Device Management), By Component (Hardware, Services and Software), By Type (B2B, B2C, B2G), By Application (Consumer Electronics, Smart Mobility & Transportation, Building & Home Automation, Connected Logistics, Smart Retail, and Others), By Region (North Vietnam, Central Vietnam and South Vietnam), Competition, Forecast & Opportunities, 2015 - 2025.

Vietnam internet of things market stood at USD 2022.21 Million in 2019 and is projected to grow at a CAGR of around 24.03 % to reach USD 7321.92 Million by 2025. Increasing in adoption of IoT solutions across enterprises, growing number of connected devices and increasing proliferation of smartphones to drive Vietnam internet of things market through 2025.

Significant increase in data generation and rising demand for analytics, owing to the surging deployment of IoT devices and increasing demand for analytics in manufacturing is supplementing the growth of internet of things market in Vietnam.

Cloud platform makes it convenient to access data from anywhere while ensuring security as well as providing huge storage capacities. Such factors help in harnessing the potential of connected devices, which is expected to propel the growth of Vietnam IoT market in the coming years.

Vietnam internet of things market can be segregated based on platform, component, type, application and region. Based on component, hardware accounted for 42.42% share in 2019 and the trend is anticipated to continue until 2025 due to increasing adoption of IoT in various end user industries for improving operational efficiency. In terms of regional analysis, Northern Vietnam led the market in 2019 and the trend is likely to continue through 2025 due to government initiatives in the region such as smart grid and smart city. In addition, majority of companies have their headquarters in the region; thereby, positively influencing the growth of the market.

Some of the major players operating in Vietnam internet of things market are FPT Corporation, Viettel-CHT Limited (Viettel IDC), CMC Corporation, Vietnam Posts and Telecommunications Group, KDDI Vietnam Corporation, Microsoft Services Asia, IBM Vietnam Co Ltd., Amazon Web Services Vietnam Company Limited, Cisco Systems Vietnam Ltd, and Oracle Vietnam Pte Ltd. Companies operating in the market are using growth strategies such as investment in research & development in order to register growth in the market.

Years considered for this report:

  • Historical Years: 2015 - 2018
  • Base Year: 2019
  • Estimated Year: 2020
  • Forecast Period: 2021 - 2025

Objective of the Study:

  • To analyze and forecast Vietnam Internet of Things market size.
  • To categorize the market on the basis of platform, component, type, application, region and company.
  • To analyze and forecast Vietnam Internet of Things market with respect to component: network management, application management and device management.
  • To analyze and forecast Vietnam Internet of Things market with respect to type: B2B, B2C and B2G.
  • To analyze and forecast Vietnam Internet of Things market with respect to application: Consumer Electronics, Smart Mobility & Transportation, Building & Home Automation, Connected Logistics, Smart Retail, and Others.
  • To analyze and forecast Vietnam Internet of Things market with respect to Region: North Vietnam, Central Vietnam and South Vietnam.
  • To understand major policies and regulations which can positively or negatively impact Vietnam Internet of Things market.
  • To identify major drivers, challenges and trends in Vietnam Internet of Things market.
  • To evaluate pricing analysis in Vietnam Internet of Things market.
  • To identify and profile major companies operating in Vietnam Internet of Things 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 region. 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 region.

TechSci Research calculated the market size of Vietnam internet of things 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:

  • IoT software, services & hardware providers
  • Organizations, forums and alliances related to Internet of Things market
  • Government bodies such as regulating authorities and policymakers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as Internet of Things manufacturers, distributors and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.

Report Scope:

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

  • Market, by Platform:

Network Management

Application Management

Device Management

  • Market, by Component:

Hardware

Services

Software

  • Market, by Type:

B2B

B2C

B2G

  • Market, by Application:

Consumer Electronics

Smart Mobility & Transportation

Building & Home Automation

Connected Logistics

Smart Retail

Others

  • Market, by Region:

Southern

Northern

Central

Competitive Landscape

Competitive Benchmarking: Benchmarking of leading players on the basis of product type provided by them.

Company Profiles: Detailed analysis of major companies operating in Vietnam Internet of Things market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company's specific needs. Following customization options are available for the report:

Channel Partner Analysis

  • Detailed list of distributors and dealers across all the regions.

Company Information

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

Customer Profiling

  • List of major customers
Table of Contents
Product Code: 7224

Table of Contents

1. Internet of Things: Product Overview

2. Research Methodology

3. Impact of COVID-19 on Vietnam Internet of Things Market

4. Executive Summary

5. Voice of Customer

  • 5.1. Vendor Satisfaction
  • 5.2. Overall IoT Satisfaction
  • 5.3. Reasons Business Are adopting IoT
  • 5.4. Key IoT related Challenges Faced

6. Vietnam Internet of Things Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value & Volume
  • 6.2. Market Share & Forecast
    • 6.2.1. By Platform (Network Management, Application Management and Device Management)
    • 6.2.2. By Component (Hardware, Services and Software)
    • 6.2.3. By Type (B2B, B2C, B2G)
    • 6.2.4. By Application (Consumer Electronics, Smart Mobility & Transportation, Building & Home Automation, Connected Logistics, Smart Retail, and Others)
    • 6.2.5. By Region (North Vietnam, Central Vietnam and South Vietnam)
  • 6.3. Product Market Map

7. Vietnam Internet of Things Hardware Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Type (Device & Gateways)
    • 7.2.2. By Application (Consumer Electronics, Smart Mobility & Transportation, Building & Home Automation, Connected Logistics, Smart Retail, and Others)
    • 7.2.3. Leading Companies in Vietnam IoT Hardware market

8. Vietnam Internet of Things Services Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Type (Professional Services & Managed Services)
    • 8.2.2. By Application (Consumer Electronics, Smart Mobility & Transportation, Building & Home Automation, Connected Logistics, Smart Retail, and Others)
    • 8.2.3. Leading Companies in Vietnam IoT Services Market

9. Vietnam Internet of Things Software Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Type (Real Time Streaming Analytics, Security, Data Management, Remote Monitoring, and Network Bandwidth Management)
    • 9.2.2. By Application (Consumer Electronics, Smart Mobility & Transportation, Building & Home Automation, Connected Logistics, Smart Retail, and Others)
    • 9.2.3. Leading Companies in Vietnam IoT Software Market

10. Market Dynamics

  • 10.1. Impact Analysis
  • 10.2. Drivers
  • 10.3. Challenges

11. Market Trends & Developments

12. Policy & Regulatory Landscape

13. Vietnam Economic Profile

14. Competitive Landscape

  • 14.1. Competitive Benchmarking
  • 14.2. Vietnam Players Profiled
    • 14.2.1. FPT Corporation
    • 14.2.2. Viettel-CHT Limited (Viettel IDC)
    • 14.2.3. CMC Corporation
    • 14.2.4. Vietnam Posts and Telecommunications Group
    • 14.2.5. KDDI Vietnam Corporation
    • 14.2.6. Microsoft Services Asia
    • 14.2.7. IBM Vietnam Co Ltd.
    • 14.2.8. Amazon Web Services Vietnam Company Limited
    • 14.2.9. Cisco Systems Vietnam Ltd
    • 14.2.10. Oracle Vietnam Pte Ltd

15. Strategic Recommendations

16. About Us & Disclaimer

List of Figures

  • Figure 1: By Vendor Satisfaction (N=50), 2019
  • Figure 2: By Overall IoT Satisfaction (N=50), 2019
  • Figure 3: By Reasons Business are Adopting IoT (N=50), 2019
  • Figure 4: By Key IoT Related Challenges Faced (N=50), 2019
  • Figure 5: Vietnam IoT Market Size, By Value, 2015-2025F (USD Million)
  • Figure 6: Vietnam IoT Market Size, By Volume (Number of Connected Devices, Million Units), 2015-2025F
  • Figure 7: Vietnam Internet of Things Market Share, By Value (%), By Platform, 2015-2025F
  • Figure 8: Vietnam Internet of Things Market Share, By Value (%), By Component, 2015-2025F
  • Figure 9: Vietnam Internet of Things Market Share, By Value (%), By Type, 2015-2025F
  • Figure 10: Vietnam Internet of Things Market Share, By Value (%), By Application, 2015-2025F
  • Figure 11: Vietnam Internet of Things Market Share, By Value (%), By Region, 2015-2025F
  • Figure 12: Platform Map on the Basis of Market Size (USD Million) & Growth Rate (%)
  • Figure 13: Component Map on the Basis of Market Size (USD Million) & Growth Rate (%)
  • Figure 14: Type Map on the Basis of Market Size (USD Million) & Growth Rate (%)
  • Figure 15: Application Map on the Basis of Market Size (USD Million) & Growth Rate (%)
  • Figure 16: Region Map on the Basis of Market Size (USD Million) & Growth Rate (%)
  • Figure 17: Vietnam Internet of Things Hardware Market Size, By Value (USD Million), 2015-2025F
  • Figure 18: Vietnam Digital Ad Expenditure (USD Million), 2015-2020
  • Figure 19: Vietnam Internet of Things Hardware Market Share, By Value (%), By Type, 2015-2025F
  • Figure 20: Vietnam Internet of Things Hardware Market Share, By Value (%), By Application, 2015-2025F
  • Figure 21: Vietnam Internet of Things Services Market Size, By Value (USD Million), 2015-2025F
  • Figure 22: Vietnam Government Spending (% of GDP), 2015-2019
  • Figure 23: Vietnam Internet of Things Services Market Share, By Value (%), By Type, 2015-2025F
  • Figure 24: Vietnam Internet of Things Services Market Share, By Value (%), By Application, 2015-2025F
  • Figure 25: Vietnam Internet of Things Software Market Size, By Value (USD Million), 2015-2025F
  • Figure 26: Fixed Broadband Subscriptions in Vietnam (Per 100 People), 2015-2019
  • Figure 27: Vietnam Internet of Things Software Market Share, By Value (%), By Type, 2015-2025F
  • Figure 28: Vietnam Internet of Things Software Market Share, By Value (%), By Application, 2015-2025F
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