Region:Asia
Author(s):Samanyu
Product Code:KROD297
The Vietnam Communication Service Market can be segmented based on several factors:
By Service Type: In the Vietnam communication service market segmentation by service type is divided into mobile services, fixed-line services and broadband internet. In 2023, mobile services dominate due to widespread smartphone usage and the demand for mobile internet. Broadband internet is also growing rapidly as consumers and businesses seek high-speed connections for various applications, including remote work and entertainment.
By Technology: In the Vietnam communication service market segmentation by technology is divided into 4G/LTE, 5G, fiber optic broadband and ADSL. In 2023, 4G/LTE is the most widely used technology due to its extensive coverage and reliable performance. 5G, though currently a smaller segment, is expected to grow significantly as infrastructure expands and more devices support 5G connectivity.
By End-User: Vietnam communication service market segmentation by end-user is divided into individual consumers, businesses and government. In 2023, individual consumers form the largest segment due to the widespread use of mobile phones and home internet services. Businesses also represent a significant and growing segment, as they require robust communication infrastructure to support operations and digital transformation initiatives.
Company |
Establishment Year |
Headquarters |
Viettel |
1989 |
Hanoi |
Vinaphone |
1996 |
Hanoi |
Mobifone |
1993 |
Ho Chi Minh City |
FPT Telecom |
1997 |
Hanoi |
VNPT |
1945 |
Hanoi |
Vietnam Communication Service Market Growth Drivers:
Vietnam Communication Service Market Challenges:
Vietnam Communication Service Market Government Initiatives:
The Vietnam Communication Service Market is expected to significant robust growth driven by technological innovations, e-commerce expansion and consumer spending.
Future Market Trends
By Service Type |
Mobile Services Fixed-Line Services Broadband Internet |
By Technology |
4G/LTE 5G Fiber Optic Broadband ADSL |
By End-User |
Individual Consumers Businesses Government |
1.1 Vietnam Communication Service Market Taxonomy
3.1 Vietnam Communication Service Market Growth Drivers
3.2 Vietnam Communication Service Market Challenges and Issues
3.3 Vietnam Communication Service Market Trends and Development
3.4 Vietnam Communication Service Market Government Regulation
3.5 Vietnam Communication Service Market SWOT Analysis
3.6 Vietnam Communication Service Market Stake Ecosystem
3.7 Vietnam Communication Service Market Competition Ecosystem
4.1 Vietnam Communication Service Market Segmentation by Service Type (in value %), 2023
4.2 Vietnam Communication Service Market Segmentation by Technology (in value %), 2023
4.3 Vietnam Communication Service Market Segmentation by End-User (in value %), 2023
5.1 Vietnam Communication Service Market Cross-Comparison (no. of employees, company overview, business strategy, USP, recent development, operational parameters, financial parameters and advanced analytics)
7.1 Vietnam Communication Service Market Segmentation by Service Type (in value %), 2028
7.2 Vietnam Communication Service Market Segmentation by Technology (in value %), 2028
7.3 Vietnam Communication Service Market Segmentation by End-User (in value %), 2028
8.1 Vietnam Communication Service Market TAM/SAM/SOM Analysis
8.2 Vietnam Communication Service Market Customer Cohort Analysis
8.3 Vietnam Communication Service Market Marketing Initiatives
8.4 Vietnam Communication Service Market White Space Opportunity Analysis
Ecosystem creation for all the major entities and referring to multiple secondary and proprietary databases to perform desk research around market to collate industry level information.
Collating statistics on Vietnam communication service market over the years, penetration of marketplaces and service providers ratio to compute revenue generated for Vietnam communication service market. We will also review service quality statistics to understand revenue generated which can ensure accuracy behind the data points shared.
Building market hypothesis and conducting CATIs with industry experts belonging to different companies to validate statistics and seek operational and financial information from company representatives.Â
Our team will approach multiple communication service providers companies and understand nature of product segments and sales, consumer preference and other parameters, which will support us validate statistics derived through bottom to top approach from communication service providers companies.
The Vietnam communication service market was valued at USD 6.2 Bn in 2023 driven by rising demand for high-speed internet, expanding mobile phone usage, and government initiatives.
The key challenges faced in Vietnam communication service market are regulatory complexities, managing intense market competition, addressing high infrastructure costs.
Some of the major players in the Vietnam communication service market include Viettel, VNPT, MobiFone and FPT Telecom.
The Vietnam communication service market is driven by rising demand for high-speed internet, expanding mobile phone usage, and government initiatives.
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