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Vietnam Telecom Market Size, Share, Trends, Growth: By Service: Fixed Voice Services, Fixed Internet Access Services, Mobile Voice Services, Mobile Data Services, Pay-TV Services, Machine-to-Machine (Mobile IoT) Services; By Transmission: Wireline, Wireless; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Vietnam Telecom Market Size
The Vietnam telecom market reached is projected to grow at a CAGR of 1.6% between 2024 and 2032. The market is being driven by the proliferation of IoT and the increasing demand for rapid internet connectivity.
Vietnam Telecom Market Outlook
- According to the Ministry of Information and Communications in Vietnam, the country had approximately 127.207 million mobile subscribers as of September 2022.
- Reportedly, 78.8 million 5G subscriptions will be active in Vietnam by 2033, or an 80% penetration rate.
- To establish itself as a leader in next-generation connectivity, Vietnamese telecom company Viettel, which is owned by the military, intends to broadcast at least 1,000 5G stations by 2024.
Vietnam Telecom Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Telecom Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Telecom Historical Market (2018-2023)
8.3 Asia Pacific Telecom Market Forecast (2024-2032)
9 Vietnam Telecom Market Overview
9.1 Key Industry Highlights
9.2 Vietnam Telecom Historical Market (2018-2023)
9.3 Vietnam Telecom Market Forecast (2024-2032)
10 Vietnam Telecom Market by Service
10.1 Fixed Voice Services
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Fixed Internet Access Services
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Mobile Voice Services
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Mobile Data Services
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Pay-TV Services
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Machine-to-Machine (Mobile IoT) Services
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
11 Vietnam Telecom Market by Transmission
11.1 Wireline
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Wireless
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Vietnam Telecom Market by Region
12.1 Southeast
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Red River Delta
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mekong River Delta
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 South Central Coast
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Viettel Group
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 VNPT VinaPhone
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 MobiFone Telecommunications Corporation
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 FPT Telecom JSC
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Vietnamobile
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Telecom Market: Key Industry Highlights, 2018 and 2032
2. Vietnam Telecom Market: Key Industry Highlights, 2018 and 2032
3. Vietnam Telecom Historical Market: Breakup by Service (USD Million), 2018-2023
4. Vietnam Telecom Market Forecast: Breakup by Service (USD Million), 2024-2032
5. Vietnam Telecom Historical Market: Breakup by Transmission (USD Million), 2018-2023
6. Vietnam Telecom Market Forecast: Breakup by Transmission (USD Million), 2024-2032
7. Vietnam Telecom Historical Market: Breakup by Region (USD Million), 2018-2023
8. Vietnam Telecom Market Forecast: Breakup by Region (USD Million), 2024-2032
9. Vietnam Telecom Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 1.6% between 2024 and 2032.
The market is being driven by rapid urbanisation and rising penetration of smartphones.
The key trends aiding the market expansion include the increasing installation of 5G networks and an increase in data consumption.
The major regions considered in the market are Southeast, Red River Delta, Mekong River Delta, and South Central Coast, among others.
The different segmentations based on the transmission of telecom include wireline and wireless.
The major players in the market are Viettel Group, VNPT VinaPhone, MobiFone Telecommunications Corporation, FPT Telecom JSC, and Vietnamobile, among others.
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