Vietnam Telecom Market Introduction and Overview
According to SPER Market Research, the Vietnam Telecom Market is estimated to reach USD XX billion by 2033 with a CAGR of 1.44%.
The report includes an in-depth analysis of the Vietnam Telecom Market, including market size and trends, product mix, distribution channels, and supplier analysis.Telecommunications, sometimes known as telecom, is the electrical communication of information over very long distances, including voice, data, and video. This is a broad term that encompasses a range of information-transmitting devices and communication systems, such as telegraphs, wired and wireless phones, satellites, microwave communications, fiber optics, radio and television transmissions, and mobile phones.
- Infinera and Viettel worked together in September 2022 to support 5G service. The OTC2.0 (Optical Timing Channel 2.0) solution from Infinera provides a thorough 5G network.
- Casa Systems signed an agreement of understanding (MoU) with Vietnam Posts and Telecommunications Group (VNPT) in May 2022 to deliver next-generation 5G technologies in Vietnam, including cloud-native 5G Core, RAN, and Fixed Wireless Access (FWA).
Market Opportunities and Challenges
The growing use of smartphone services, advanced communication services, and the expanding population have all led to an expansion of the Vietnam telecom sector. Controlling bodies, which are crucial for the country's implementation of a 5G plan, would promote and encourage the increase. The government has grand ambitions to transition its network coverage from 3G and 4G to 5G networks.
The telecom industry in Vietnam has recently experienced a number of serious challenges. The fierce competition among telecom service providers is one of the main challenges. Pricing wars and aggressive marketing tactics have grown frequent due to the competition for market share from several players, making it difficult for businesses to remain profitable while providing consumers with reasonable services. Another significant obstacle is the development of infrastructure. There remains a huge digital divide between urban and rural areas despite Vietnam's significant progress in building its communication infrastructure, particularly in metropolitan areas.
Market Competitive Landscape
Some of the market key players Viettel, VNPT (Vietnam Posts and Telecommunications Group), FPT Telecom, MobiFone, and VinaPhone.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Services
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| Regions covered | Eastern Region, Southern Region, Western Region, Northern Region
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| Companies Covered | Viettel, VNPT (Vietnam Posts and Telecommunications Group), FPT Telecom, MobiFone, and VinaPhone, Saigon Post and Telecommunications Services Corporation, Vinaphone. |
COVID-19 Impact on Vietnam Telecom Market
During the COVID-19 pandemic, people started working from home more frequently and spent more time at home playing video games and watching television. It is projected that OTT service providers with on-demand video content will continue to fuel the expansion of the Vietnamese telecom market.
Key Target Audience:
- Individual Consumers
- Small and Medium-sized Enterprises (SMEs)
- Large Corporations
- Government Agencies
- Educational Institutions
- Healthcare Providers
- Tourism and Hospitality Industry
Our in-depth analysis of the Vietnam Telecom Market includes the following segments:
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By Services:
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Voice Services
Data and Messaging Services
OTT and PayTV Services
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Key Topics Covered in the Report:
- Vietnam Telecom Market Size (FY’2023-FY’2033)
- Overview of Vietnam Telecom Market
- Segmentation of Vietnam Telecom Market By Service (Voices Services, Data and Messaging Services, OTT and PayTV Services)
- Statistical Snap of Vietnam Telecom Market
- Expansion Analysis of Vietnam Telecom Market
- Problems and Obstacles in Vietnam Telecom Market
- Competitive Landscape in the Vietnam Telecom Market
- Impact of COVID-19 and Demonetization on Vietnam Telecom Market
- Details on Current Investment in Vietnam Telecom Market
- Competitive Analysis of Vietnam Telecom Market
- Prominent Players in the Vietnam Telecom Market
- SWOT Analysis of Vietnam Telecom Market
- Vietnam Telecom Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Vietnam Telecom Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Vietnam Telecom Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Vietnam Telecom Market
7. Vietnam Telecom Market, By Services (USD Million)
7.1. Vietnam Telecom Market Value Share and Forecast, By Services, 2023-2033
7.2. Voice Services
7.2.1. Wired
7.2.2. Wireless
7.3. Data and Messaging Services ( Coverage to include Internet & Handset Data Packages)
7.4. OTT and PayTV Services
8. Vietnam Telecom Market Forecast, 2019-2033 (USD Million)
8.1. Vietnam Telecom Market Size and Market Share
9. Vietnam Telecom Market, By Service, 2019-2033 (USD Million)
9.1. Vietnam Telecom Market Size and Market Share By Service (2019-2026)
9.2. Vietnam Telecom Market Size and Market Share By For Service (2027-2033)
10. Vietnam Telecom Market, By Region, 2019-2033 (USD Million)
10.1. Vietnam Telecom Market Size and Market Share By Region (2019-2026)
10.2. Vietnam Telecom Market Size and Market Share By Region (2027-2033)
10.3. Eastern Region
10.4. Southern Region
10.5. Western Region
10.6. Norther Region
11. Company Profile
11.1. AT&T
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. EVNTelecom
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. G-Mobile
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Gtel
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. MobiFone
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Saigon Post and Telecommunications Services Corporation
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Vietnam Posts and Telecommunications Group
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Vietnamobile
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Viettel
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Vinaphone
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Others
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
