Vietnam Cloud Service Market: Investment & Growth Opportunity Analysis, 2019-2028 - Market Study Report

Vietnam Cloud Service Market: Investment & Growth Opportunity Analysis, 2019-2028

Report Format: PDF   |   Report ID: 5587023   |   Published Date: July 2022   |   Pages:  103  

Choose License
Vietnam Cloud Service Market Analysis & Forecast during 2019-2028
Market Introduction
The Vietnam cloud service market value is expected to grow at a CAGR of more than 25% during the forecast period of 2022-2028. Rapid digital transformation across the country is one of the primary factors fueling the market growth. The significant presence of a mix of foreign and domestic players offering a broad range of cloud services further augments the regional market growth. Government and public stakeholders are focusing on building the foundational infrastructure to accelerate the Vietnam cloud service market growth. In recent times, few applications have been developed and deployed singularly in some organizations without mass integration, reflecting enormous potential. Education, training, and management are the focused areas for the government and stakeholders with education facilities planning to incorporate cloud services. For instance, Vinh Long University of Technology Education (VLUTE) implemented a private cloud module VLUTE-Cloud for education, training, and management in 2018.
Market Segmentation
The Vietnam cloud service market has been analyzed on the basis of service type, type, organization type, end user, and region. On the basis of Service Type, the market is segmented into Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS). IaaS is expected to grow considerably during the forecast period. Based on Type, the market is categorized into Public, Private, and Hybrid. On the basis of Organization Type, the market is segmented into Enterprise, SMEs, Large Enterprises, and Public Administration. Based on End-Use, the market is categorized into, Banking, Financial Services & Insurance (BFSI), Healthcare, Retail & Warehousing, Manufacturing, IT & Telecom, Media & Entertainment, Public & Government, and Others (Agriculture etc.). Banking and Financial segment is anticipated to hold a considerable share of Vietnam cloud service market. Geographically the market has been analyzed into Northern Vietnam, Central Vietnam, and Southern Vietnam.
Market Structure and Competitive Analysis
The Vietnam cloud service market is characterized by the presence of a mix of a significant number of international and domestic cloud service providers. International players such as Google LLC, Amazon.com Inc., IBM Corp., SAP SE, Salesforce Inc., and Oracle Corp. dominate the Vietnam cloud service market with nearly 80% market share in 2021 on account of brand presence and wide service offerings. Whereas domestic players such as Viettel-CHT Ltd. Co., FPT Corp., HPT Vietnam Corp., CMC Corp., Mat Bao Corp., VCC Vinaphone (VNPT Cloud Contact Center), and VNG Corp., among others, held the remaining market share.Leading industry players are making significant investments to gain a competitive edge over other players and as well as increase market share in the market space. Key developments observed in recent years in the market include,
•	In October 2021, VIB Bank and Microsoft Vietnam announced a 3-year partnership to deploy multi-cloud on Microsoft Azure premises.
•	In October 2021, Vietinbank cooperated with Amazon Web Services (AWS) to launch a digital banking service named VietinBank iPay, which is entirely deployed on cloud computing.
•	In September 2021, Techcombank chose AWS as a strategic partner to supply cloud computing services, including inclusive training packages AWS Skills Guild.
Vietnam Cloud Service Market Analysis and Forecast 2019-2028

Table of Contents

1.	Market Introduction
1.1.	Scope of Study 
1.2.	Problem Statement
1.3.	Market Segmentation
2.	Assumptions and Acronyms
3.	Executive Summary 
3.1.	Vietnam Cloud Service Market in 2022
3.2.	Analyst Insights & Recommendations	
3.3.	Growth Opportunities and Key Strategies
3.4.	Supply-side and Demand-side Trends  
4.	Research Methodology 
5.	Analysis of COVID-19 Impact and Road Ahead
6.	Market Indicators and Background 
6.1.	Macro-Economic Factors
6.2.	Forecasting Factors
Robust assessment of various factors including industrial performance, technological adoption rate, economic conditions, and corporate spending, among others 
6.3.	Supply Chain & Value Chain Analysis
6.4.	Industry SWOT Analysis
6.5.	PESTLE Analysis 
6.6.	Porter's Five Forces Analysis 
7.	Vietnam and Regional Market Dynamics 
7.1.	Drivers
7.2.	Restraints
7.3.	Trends
8.	Vietnam Cloud Service Market: Opportunity Analysis
8.1.	By Type
8.1.1.	 Public Cloud
8.1.2.	 Private Cloud
8.1.3.	 Hybrid Cloud
9.	Vietnam Cloud Service Market: Spending Analysis
9.1.	By End Use Industry
9.1.1.	 Banking, Financial Services & Insurance (BFSI)
9.1.2.	 Healthcare
9.1.3.	 Retail & Warehousing
9.1.4.	 Manufacturing
9.1.5.	 IT & Telecom
9.1.6.	 Media & Entertainment
9.1.7.	 Public & Government
9.1.8.	 Others (Agriculture etc.)
10.	Parent Market Overview
10.1.	Vietnam Information & Communication Type (ICT) Market
10.2.	Vietnam Data Centers & Servers Market
11.	Segmental Analysis
11.1.	Vietnam Cloud Service Market by Service Type
11.1.1.	Segment Overview
11.1.1.1.	Infrastructure as a Service (IaaS)
11.1.1.2.	Platform as a Service (PaaS)
11.1.1.3.	Software as a Service (SaaS)
11.2.	Vietnam Cloud Service Market by Type
11.2.1.	Segment Overview
11.2.1.1.	Public Cloud
11.2.1.2.	Private Cloud
11.2.1.3.	Hybrid Cloud
11.3.	Vietnam Cloud Service Market by Organization Type
11.3.1.	Segment Overview
11.3.1.1.	Enterprise
11.3.1.1.1.	SMEs
11.3.1.1.2.	Large Enterprises
11.3.1.2.	Public Administration
11.4.	Vietnam Cloud Service Market by End User
11.4.1.	Segment Overview
11.4.1.1.	 Banking, Financial Services & Insurance (BFSI)
11.4.1.2.	 Healthcare
11.4.1.3.	 Retail & Warehousing
11.4.1.4.	 Manufacturing
11.4.1.5.	 IT & Telecom
11.4.1.6.	 Media & Entertainment
11.4.1.7.	 Public & Government
11.4.1.8.	 Others (Agriculture etc.)
11.5.	Vietnam Cloud Service Market by Region
11.5.1.	Northern Vietnam
11.5.2.	Central Vietnam
11.5.3.	South Vietnam
12.	Regional Analysis
12.1.	Northern Vietnam Cloud Service Market Analysis and Forecast 2019-2028
12.1.1.	Market Overview 
12.1.2.	Northern Vietnam Cloud Service Market by Service Type
12.1.3.	Northern Vietnam Cloud Service Market by Type
12.1.4.	Northern Vietnam Cloud Service Market by Organization Type 
12.1.5.	Northern Vietnam Cloud Service Market by End User
12.2.	Central Vietnam Cloud Service Market Analysis and Forecast 2019-2028
12.2.1.	Market Overview 
12.2.2.	Central Vietnam Cloud Service Market by Service Type
12.2.3.	Central Vietnam Cloud Service Market by Type
12.2.4.	Central Vietnam Cloud Service Market by Organization Type 
12.2.5.	Central Vietnam Cloud Service Market by End User
12.3.	Southern Vietnam Cloud Service Market Analysis and Forecast 2019-2028
12.3.1.	Market Overview 
12.3.2.	Southern Vietnam Cloud Service Market by Service Type
12.3.3.	Southern Vietnam Cloud Service Market by Type
12.3.4.	Southern Vietnam Cloud Service Market by Organization Type 
12.3.5.	Southern Vietnam Cloud Service Market by End User 
13.	Competitive Landscape
13.1.	Competition Dashboard 
13.1.1.	Vietnam and Regional Market Share Analysis 
13.1.2.	Market Structure 
13.2.	Competitive Benchmarking
13.3.	Key Strategy Analysis
13.4.	Top 10 New Cloud Service Companies in Our Radar
13.5.	Company Profiles
13.6.	Global Companies 
13.6.1.	Amazon Web Services Vietnam Company Ltd. (Amazon.com Inc.)
13.6.1.1.	Company Overview
13.6.1.2.	Product/Service Offerings
13.6.1.3.	Key Financials
13.6.1.4.	Recent Developments
13.6.2.	Google LLC (Alphabet Inc.)
13.6.2.1.	Company Overview
13.6.2.2.	Product/Service Offerings
13.6.2.3.	Financials
13.6.2.4.	Recent Developments
13.6.3.	SAP Asia (Vietnam) Co. Ltd. (SAP SE)
13.6.3.1.	Company Overview
13.6.3.2.	Product/Service Offerings
13.6.3.3.	Financials
13.6.3.4.	Recent Developments
13.6.4.	IBM Vietnam Co., Ltd. (IBM Corp.)
13.6.4.1.	Company Overview
13.6.4.2.	Product/Service Offerings
13.6.4.3.	Financials
13.6.4.4.	Recent Developments
13.6.5.	Salesforce, Inc.
13.6.5.1.	Company Overview
13.6.5.2.	Product/Service Offerings
13.6.5.3.	Financials
13.6.5.4.	Recent Developments
13.6.6.	Oracle Corp.
13.6.6.1.	Company Overview
13.6.6.2.	Product/Service Offerings
13.6.6.3.	Financials
13.6.6.4.	Recent Developments
13.6.7.	Microsoft Vietnam (Microsoft Corp.)
13.6.7.1.	Company Overview
13.6.7.2.	Product/Service Offerings
13.6.7.3.	Financials
13.6.7.4.	Recent Developments
13.6.8.	NTC Cloud Computing Company Ltd.
13.6.8.1.	Company Overview
13.6.8.2.	Product/Service Offerings
13.6.8.3.	Financials
13.6.8.4.	Recent Developments
13.7.	Vietnam Companies 
13.7.1.	Viettel-CHT Ltd. Co.
13.7.1.1.	Company Overview
13.7.1.2.	Product/Service Offerings
13.7.1.3.	Financials
13.7.1.4.	Recent Developments
13.7.2.	FPT Corp.
13.7.2.1.	Company Overview
13.7.2.2.	Product/Service Offerings
13.7.2.3.	Key Financials
13.7.2.4.	Recent Developments
13.7.3.	HPT Vietnam Corp.
13.7.3.1.	Company Overview
13.7.3.2.	Product/Service Offerings
13.7.3.3.	Key Financials
13.7.3.4.	Recent Developments
13.7.4.	CMC Corp.
13.7.4.1.	Company Overview
13.7.4.2.	Product/Service Offerings
13.7.4.3.	Financials
13.7.4.4.	Recent Developments
13.7.5.	Mat Bao Corp.
13.7.5.1.	Company Overview
13.7.5.2.	Product/Service Offerings
13.7.5.3.	Financials
13.7.5.4.	Recent Developments
13.7.6.	VCC Vinaphone (VNPT Cloud Contact Center)
13.7.6.1.	Company Overview
13.7.6.2.	Product/Service Offerings
13.7.6.3.	Financials
13.7.6.4.	Recent Developments
13.7.7.	VNG Corp.
13.7.7.1.	Company Overview
13.7.7.2.	Product/Service Offerings
13.7.7.3.	Financials
13.7.7.4.	Recent Developments
13.7.8.	Bizfly (VCCorp.)
13.7.8.1.	Company Overview
13.7.8.2.	Product/Service Offerings
13.7.8.3.	Financials
13.7.8.4.	Recent Developments
13.7.9.	BASE Enterprise
13.7.9.1.	Company Overview
13.7.9.2.	Product/Service Offerings
13.7.9.3.	Financials
13.7.9.4.	Recent Developments
13.7.10.	Sapo Technology 
13.7.10.1.	Company Overview
13.7.10.2.	Product/Service Offerings
13.7.10.3.	Financials
13.7.10.4.	Recent Developments
13.7.11.	P.A Vietnam Co., Ltd 
13.7.11.1.	Company Overview
13.7.11.2.	Product/Service Offerings
13.7.11.3.	Financials
13.7.11.4.	Recent Developments
*List not exhaustive
14.	Disclaimer

List of Figures Figure 01: Vietnam Cloud Service Market Value Analysis (US$ Mn), 2019-2021 Figure 02: Vietnam Cloud Service Market Organization Type (US$ Mn) & Y-o-Y Growth (%) Analysis, 2022-2028 Figure 03: Vietnam Cloud Service Market Organization Type and Market Share Analysis (%) by Service Type, 2022 & 2028 Figure 04: Vietnam Cloud Service Market Y-o-Y Analysis (%) by Service Type, 2022-2028 Figure 05: Vietnam Cloud Service Market Organization Type and Market Share Analysis (%) by Type, 2022 & 2028 Figure 06: Vietnam Cloud Service Market Y-o-Y Analysis (%) by Type, 2022-2028 Figure 07: Vietnam Cloud Service Market Organization Type and Market Share Analysis (%) by Organization Type, 2022 & 2028 Figure 08: Vietnam Cloud Service Market Y-o-Y Analysis (%) by Organization Type, 2022-2028 Figure 09: Vietnam Cloud Service Market Organization Type and Market Share Analysis (%) by End User, 2022 & 2028 Figure 10: Vietnam Cloud Service Market Y-o-Y Analysis (%) by End User, 2022-2028 Figure 11: Vietnam Cloud Service Market Organization Type and Market Share Analysis (%) by Region, 2022 & 2028 Figure 12: Vietnam Cloud Service Market Y-o-Y Growth (%) by Region, 2022-2028 Figure 13: Northern Vietnam Cloud Service Market Organization Type and Market Share Analysis (%) by Service Type, 2022 & 2028 Figure 14: Northern Vietnam Cloud Service Market Organization Type and Market Share Analysis (%) by Type, 2022 & 2028 Figure 15: Northern Vietnam Cloud Service Market Organization Type and Market Share Analysis (%) by Organization Type, 2022 & 2028 Figure 16: Northern Vietnam Cloud Service Market Organization Type and Market Share Analysis (%) by End User, 2022 & 2028 Figure 17: Central Vietnam Cloud Service Market Organization Type and Market Share Analysis (%) by Service Type, 2022 & 2028 Figure 18: Central Vietnam Cloud Service Market Organization Type and Market Share Analysis (%) by Type, 2022 & 2028 Figure 19: Central Vietnam Cloud Service Market Organization Type and Market Share Analysis (%) by Organization Type, 2022 & 2028 Figure 20: Central Vietnam Cloud Service Market Organization Type and Market Share Analysis (%) by End User, 2022 & 2028 Figure 21: Southern Vietnam Cloud Service Market Organization Type and Market Share Analysis (%) by Service Type, 2022 & 2028 Figure 22: Southern Vietnam Cloud Service Market Organization Type and Market Share Analysis (%) by Type, 2022 & 2028 Figure 23: Southern Vietnam Cloud Service Market Organization Type and Market Share Analysis (%) by Organization Type, 2022 & 2028 Figure 24: Southern Vietnam Cloud Service Market Organization Type and Market Share Analysis (%) by End User, 2022 & 2028 List of Tables Table 1: Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Service Type Table 2: Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type Table 3: Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Organization Type Table 4: Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End User Table 5: Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Region Table 6: Northern Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Service Type Table 7: Northern Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type Table 8: Northern Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Organization Type Table 9: Northern Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End User Table 10: Central Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Service Type Table 11: Central Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type Table 12: Central Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Organization Type Table 13: Central Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End User Table 14: Southern Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Service Type Table 15: Southern Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type Table 16: Southern Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Organization Type Table 17: Southern Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End User Vietnam Cloud Service Market List of Figures Figure 01: Vietnam Cloud Service Market Value Analysis (US$ Mn), 2019-2021 Figure 02: Vietnam Cloud Service Market Size (US$ Mn) & Y-o-Y Growth (%) Analysis, 2022-2028 Figure 03: Vietnam Cloud Service Market Size and Market Share Analysis (%) by Service Type, 2022 & 2028 Figure 04: Vietnam Cloud Service Market Y-o-Y Analysis (%) by Service Type, 2022-2028 Figure 05: Vietnam Cloud Service Market Size and Market Share Analysis (%) by Type, 2022 & 2028 Figure 06: Vietnam Cloud Service Market Y-o-Y Analysis (%) by Type, 2022-2028 Figure 07: Vietnam Cloud Service Market Size and Market Share Analysis (%) by Organization Type, 2022 & 2028 Figure 08: Vietnam Cloud Service Market Y-o-Y Analysis (%) by Organization Type, 2022-2028 Figure 09: Vietnam Cloud Service Market Size and Market Share Analysis (%) by End Use, 2022 & 2028 Figure 10: Vietnam Cloud Service Market Y-o-Y Analysis (%) by End Use, 2022-2028 Figure 11: Vietnam Cloud Service Market Size and Market Share Analysis (%) by Region, 2022 & 2028 Figure 12: Vietnam Cloud Service Market Y-o-Y Growth (%) by Region, 2022-2028 Figure 13: Northern Vietnam Cloud Service Market Size and Market Share Analysis (%) by Service Type, 2022 & 2028 Figure 14: Northern Vietnam Cloud Service Market Size and Market Share Analysis (%) by Type, 2022 & 2028 Figure 15: Northern Vietnam Cloud Service Market Size and Market Share Analysis (%) by Organization Type, 2022 & 2028 Figure 16: Northern Vietnam Cloud Service Market Size and Market Share Analysis (%) by End Use, 2022 & 2028 Figure 17: Northern Vietnam Cloud Service Market Size and Market Share Analysis (%) by City, 2022 & 2028 Figure 18: Southern Vietnam Cloud Service Market Size and Market Share Analysis (%) by Service Type, 2022 & 2028 Figure 19: Southern Vietnam Cloud Service Market Size and Market Share Analysis (%) by Type, 2022 & 2028 Figure 20: Southern Vietnam Cloud Service Market Size and Market Share Analysis (%) by Organization Type, 2022 & 2028 Figure 21: Southern Vietnam Cloud Service Market Size and Market Share Analysis (%) by End Use, 2022 & 2028 Figure 22: Southern Vietnam Cloud Service Market Size and Market Share Analysis (%) by City, 2022 & 2028 Figure 23: Central Vietnam Cloud Service Market Size and Market Share Analysis (%) by Service Type, 2022 & 2028 Figure 24: Central Vietnam Cloud Service Market Size and Market Share Analysis (%) by Type, 2022 & 2028 Figure 25: Central Vietnam Cloud Service Market Size and Market Share Analysis (%) by Organization Type, 2022 & 2028 Figure 26: Central Vietnam Cloud Service Market Size and Market Share Analysis (%) by End Use, 2022 & 2028 Figure 27: Central Vietnam Cloud Service Market Size and Market Share Analysis (%) by City, 2022 & 2028 List of Tables Table 1: Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Service Type Table 2: Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type Table 3: Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Organization Type Table 4: Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End Use Table 5: Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Region Table 6: Northern Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Service Type Table 7: Northern Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type Table 8: Northern Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Organization Type Table 9: Northern Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End Use Table 10: Northern Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by City Table 11: Southern Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Service Type Table 12: Southern Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type Table 13: Southern Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Organization Type Table 14: Southern Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End Use Table 15: Southern Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by City Table 16: Central Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Service Type Table 17: Central Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type Table 18: Central Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Organization Type Table 19: Central Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End Use Table 20: Central Vietnam Cloud Service Market Value (US$ Mn) Analysis and Forecast 2019-2028, by City

Name*
Email ID*
Company*
Phone (With Country Code)*
What is/are your question(s)?:

Publisher: RationalStat

Can't find what you're looking for about this report?

Submit Query

Go to contact form

Phone Number

1-302-273-0910
Chat with us