Vietnam Telecom Market Growth, Size, Trends, Revenue, Share, Challenges and Future Competition

Vietnam Telecom Market Size- By Services- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Vietnam Telecom Market Size- By Services- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Published: Sep 2023 Report ID: IACT23163 Pages: 1 - 103 Formats*:     
Category : Information & Communications Technology
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).
Vietnam Telecom Market
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.
 
Vietnam Telecom Market


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 coveredBy Services
 Regions coveredEastern Region, Southern Region, Western Region, Northern Region
 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:
By Services:
  • Voice Services
  • Data and Messaging Services
  • OTT and PayTV Services
  • 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.

    SPER-Methodology-1

    SPER-Methodology-2

    SPER-Methodology-3


    Frequently Asked Questions About This Report
    Vietnam Telecom Market Segment is Covered By Services
    Vietnam Telecom Market is projected to reach USD XX billion by 2033, growing at a CAGR of 1.44% during the forecast period.
    Vietnam Telecom Market grew in market size from 2023. The Market is expected to reach USD XX billion by 2033, at a CAGR of 1.44% during the forecast period.
    Vietnam Telecom Market CAGR of 1.44% during the forecast period.
    "You can get the sample pages by clicking the link -Click Here"
    Vietnam Telecom Market size is USD XX billion from 2023 to 2033.
    The Asia-Pacific region is anticipated to have the highest market share in Vietnam Telecom Market.
    The key players in the market include Companies Covered Viettel, VNPT (Vietnam Posts and Telecommunications Group), FPT Telecom, MobiFone, and VinaPhone, Saigon Post and Telecommunications Services Corporation, Vinaphone.
    Vietnam Telecom Market, including market size and trends, product mix, distribution channels, and supplier analysis.
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