The Vietnam internet of things market is expected to grow at a CAGR of around 22.1% during 2024-2033. This report on Vietnam IoT market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the Vietnam IoT market by segmenting the market based on platform, component, type, application, and region. Also, detailed profiles of companies operating in the IoT market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers
• Increasing Adoption of IoT Solutions
• Growing Number of Connected Devices
• Increasing Proliferation of Smartphones

Market Challenges
• Challenges Regarding Security and Data Processing
• Challenges in Development of Smart City

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Platform
• Network Management
• Application Management
• Device Management

Market by Component
• Hardware
• Services
• Software

Market by Type
• B2B
• B2C
• B2G

Market by Application
• Consumer Electronics
• Smart Mobility and Transportation
• Building & Home Automation
• Connected Logistics
• Smart Retail
• Others

Market by Region
• North Vietnam
• Central Vietnam
• South Vietnam