The Vietnam cyber security market was valued at USD 344.09 Million in 2025. The industry is expected to grow at a CAGR of 15.70% during the forecast period of 2026-2035 to attain a valuation of USD 1479.13 Million by 2035.
Base Year
Historical Period
Forecast Period
As per the Vietnam’s National Cyber Security Center report, there were around 14,000 cyberattacks in all the organisations in Vietnam, which boosts the demand for robust cybersecurity measures.
As per the industry reports, around 83,000 computers and servers suffered cyberattacks between 2022 and 2023, creating an urgent demand for strengthening national security measures.
The National Data Protection law was passed in Vietnam in 2023, under which it is prohibited to purchase and sell personal data in the country.
Compound Annual Growth Rate
15.7%
Value in USD Million
2026-2035
*this image is indicative*
The rising threats of ransomware and phishing attacks, increased adoption of cloud services, and the expansion of the IT infrastructure are some of the prominent market drivers. Vietnam's rapidly growing IT infrastructure through governmental initiatives, which includes the increase in number of data centres and the implementation of 5G networks, requires strong cybersecurity protocols to ensure the reliability of essential services. All of these heavily contribute towards Vietnam cyber security market revenue.
The burgeoning popularity of the zero-trust security models is growing in the country due to its recognition that threats can originate from both internal and external sources. This model has emphasised the importance of thoroughly verifying users and devices to reduce the risk of unauthorised access and data breaches. Moreover, as several organizations look to outsource their security demands to expert providers, the demand for managed security services is increasing. Managed security service providers (MSSPs) offer a comprehensive suite of services, such as threat monitoring, incident response, and compliance management and therefore boost the cyber security demand growth in Vietnam.
Growing awareness of cybersecurity risks, the development of cybersecurity ecosystems within the country, and increased adoption of AI and ML are the key Vietnam cyber security market dynamics and trends.
Artificial Intelligence (AI) and Machine Learning (ML) are rapidly increasing in popularity across the globe. These AI and ML algorithms can analyse large datasets to detect anomalies and potential threats, while AI-driven systems can automate tasks such as blocking malicious traffic. Additionally, AI provides valuable insights into security posture and trends, enhancing overall security analytics.
Government and industry initiatives are raising awareness of cyber threats among the general public and businesses through public awareness campaigns. Compliance with data privacy regulations often requires organizations to implement specific cybersecurity measures for which regulatory mandates are issued. Additionally, organizations are developing incident response plans to reduce the impact caused by cyberattacks, which will likely influence the cyber security demand forecast in the country.
The Vietnamese government is actively investing in cybersecurity research, education, and infrastructure. On August 10, 2022, the Prime Minister approved the ‘Strategy for National Cyber Safety, Security, Active Responses to Challenges from Cyberspace’ until the year 2025 and Vision to 2030. Coupled with local startups that are developing innovative cybersecurity solutions, now universities and training institutions are also offering cybersecurity training and education programs.
The key trend of Vietnam cyber security market is the increasing number of IoT-enabled devices which is making it easier for hackers to attack networks. This has forced companies to improve their cybersecurity to stay safe. Many companies are also moving their data to the cloud, and adopting cloud computing often using a mix of different cloud service providers. This means they need better cybersecurity to protect their data from hackers who might try to steal information or steal people's identities.
“Vietnam Cyber Security Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Offering
Market Breakup by Deployment Mode
Market Breakup by Organisation Size
Market Breakup by Security
Market Breakup by Industry Vertical
Market Breakup by Region
Based on industry vertical, the market is divided into BFSI, government, healthcare and life sciences, aerospace and defence, and manufacturing, among others. The BFSI sector holds a prominent market share due to the sensitive financial data as well as the large number of transactions it handles on a regular basis, which makes it sensitive to cyber-attacks. To deal with this, there is a high demand for continuous monitoring and security protocols that can maintain a robust security infrastructure in banks and other financial institutes.
The market players are forming partnerships with local as well as international firms to meet the evolving regulatory landscape.
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The market is estimated to grow at a CAGR of 15.70% between 2026 and 2035.
The market is being driven due to rising threats of ransomware and phishing attacks, increased adoption of cloud services, and the expansion of the IT infrastructure.
The key trends aiding the market include the burgeoning popularity of the zero-trust security models and the rising demand for outsourcing security demands.
Regions considered in the market are Southeast, Red River Delta, Mekong River Delta, and South Central Coast, among others.
Based on organisation size, market segmentations include large enterprises and small and medium enterprise (SMEs).
Various industry verticals are BFSI, government, healthcare and life sciences, aerospace and defence, and manufacturing, among others.
The major players in the market are IBM Corporation, Microsoft Corp., Cisco Systems Inc., Amazon Web Services, Inc., Oracle Corporation¸CMC Corp., Dell Inc., FPT Corp., Fortinet Inc., and HPT Vietnam Corporation, among others.
In 2025, the market attained a value of nearly USD 344.09 Million.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach about USD 1479.13 Million by 2035.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Offering |
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| Breakup by Deployment Mode |
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| Breakup by Organisation Size |
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| Breakup by Security |
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| Breakup by Industry Vertical |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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