The revenue in the consumer electronics market in Vietnam was modeled to be ************ U.S. dollars in 2024. Between 2018 and 2024, the revenue rose by *********** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by *********** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Consumer Electronics.

The Vietnam Consumer Electronics Market size is USD 6.2 billion in 2023, highlighting market trends, CAGR forecast, and growth opportunities. Explore insights on market analysis and key players.

The Vietnam consumer electronics market was valued at USD 10.57 Billion in 2024. The industry is expected to grow at a CAGR of 8.20% during the forecast period of 2025-2034, to attain a valuation of USD 23.25 Billion by 2034.

The rising rate of urbanisation and the surging spending capacities of consumers is driving the preference for smart homes, subsequently impacting the Vietnam consumer electronics market outlook. In March 2025, T3 Technology entered into a partnership with Vietnamese telecom operator Viettel Telecom, and IoT platform technology firm Tuya Smart for accelerating the advancements in Vietnam’s smart home as well as Artificial Intelligence of Things (AIoT) industries.

Further, the growing efforts on global firms on setting up manufacturing units for electronics and their components will also influence the market growth. In April 2025, leading Chinese electronics manufacturer Goertek invested VND9,717 billion (approx. USD 391 million) for expanding its footprint in Vietnam. The surging presence of international brands for increased global presence is an important factor for the Vietnam consumer electronics market growth. In October 2024, Facebook owner Meta disclosed its plans of producing virtual reality headsets in Vietnam from 2025.

The Vietnam consumer electronics industry will also be impacted by the rising number of retail stores combined with the growing sales of mobile phones, and electric and electronic home appliances. According to industry reports, Vietnam-based computer and electronics retailing firm Mobile World Investment Corp. reported a revenue of VND24.52 trillion (USD 959.5 million) in the first two months of 2025.

The average revenue per capita in the consumer electronics market in Vietnam was modeled to amount to **** U.S. dollars in 2024. Between 2018 and 2024, the average revenue per capita rose by **** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The average revenue per capita will steadily rise by **** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Consumer Electronics.

Significant fluctuations are estimated for all segments over the forecast period for the online revenue share. Only in the segment Online, a significant increase can be observed over the forecast period. In this segment, the indicator exhibits a difference of ***** percent between 2019 and 2027. Find further statistics on other topics such as a comparison of the online revenue share in the Philippines and a comparison of the online revenue share in Indonesia. The Statista Market Insights cover a broad range of additional markets.

In 2024, the penetration rate in the 'Consumer Electronics' segment of the electronics e-commerce market in Vietnam was modeled to stand at ***** percent. Between 2017 and 2024, the figure dropped by **** percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the penetration rate will steadily grow by *** percentage points from 2024 to 2029.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Consumer Electronics.

The average revenue per capita in the consumer electronics market in Vietnam was modeled to amount to 69.8 U.S. dollars in 2024. Between 2018 and 2024, the average revenue per capita rose by 4.33 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The average revenue per capita will steadily rise by 6.38 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Consumer Electronics.

Vietnam printed electronics market size reached USD 330.4 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 622.9 Million by 2033, exhibiting a growth rate (CAGR) of 7.3% during 2025-2033. The inflating popularity of energy-efficient and sustainable consumer electronics, along with the increasing adoption of connected devices, is primarily driving the market growth.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on material, technology, and device.

The number of users in the 'Consumer Electronics' segment of the electronics e-commerce market in Vietnam was modeled to be ************* users in 2024. Between 2017 and 2024, the number of users rose by ******* users, though the increase followed an uneven trajectory rather than a consistent upward trend. The number of users will steadily rise by ************ users over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Consumer Electronics.

Significant fluctuations are estimated for all segments over the forecast period for the online revenue share. Only in the segment Online, a significant increase can be observed over the forecast period. In this segment, the indicator exhibits a difference of 24.62 percent between 2019 and 2027. Find further statistics on other topics such as a comparison of the online revenue share in the Philippines and a comparison of the online revenue share in Indonesia. The Statista Market Insights cover a broad range of additional markets.

The total retail sales of consumer electronics e-commerce in Vietnam increased from 2017 to 2021. In 2021, consumer electronics e-commerce retail sales in the country amounted to approximately *** billion U.S. dollars. The country's retail sales of this product category were forecasted to continue increasing and reach **** billion U.S. dollars in 2026.

In 2024, the revenue in the 'Desktop PCs' segment of the consumer electronics market in Vietnam was modeled to stand at 30.77 million U.S. dollars. Between 2018 and 2024, the figure dropped by 6.31 million U.S. dollars, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the revenue will steadily grow by 7.5 million U.S. dollars from 2024 to 2030.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Desktop PCs.

The number of users is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the number of users achieve the maximum value across all two different segments by the end of the comparison period. Notably, the segment Consumer Electronics stands out with the highest value of ***** million users. Find further statistics on other topics such as a comparison of the average revenue per user in the world and a comparison of the average revenue per user in Denmark. The Statista Market Insights cover a broad range of additional markets.

Vietnam E-commerce Market size was valued at USD 36.3 Billion in 2024 and is expected to reach USD 144.9 Billion by 2032, growing at a CAGR of 18.9% from 2025 to 2032.Vietnam E-commerce Market: Definition/OverviewVietnam's E-commerce refers to the online purchase and sale of goods and services within the country, which uses digital platforms to facilitate transactions. This digital commerce ecosystem encompasses a variety of activities, including retail sales, trip bookings, online meal delivery, and digital content subscriptions. Vietnam's E-commerce landscape is supported by a strong digital infrastructure, including a high prevalence of smartphones, internet access, and the growing usage of online payment systems.

In 2024, e-commerce expenditure on consumer goods in Vietnam was the highest in the electronics category at around 3.2 billion U.S. dollars, followed by fashion at over 2.8 billion U.S. dollars, and food at 2.3 billion U.S. dollars. Meanwhile, e-commerce spending growth was highest for food that year. Shift in e-commerce spending in Vietnam Prior to the COVID-19 pandemic, the largest e-commerce spending of Vietnamese internet users was on online travel, mobility, and accommodation services. Over the past few years, consumer goods have taken over as the e-commerce category with the highest expenditure. More and more people in Vietnam have grown comfortable with shopping for these products online, a shopping habit formed by the pandemic and its past restrictions on physical retail shops. Digital media was another e-commerce category with substantial growth in consumer spending in 2023, with expenditure on video games and video-on-demand services being the subcategories with the highest observed growth rate. E-commerce landscape in Vietnam Vietnam has one of the fastest-growing e-commerce markets in Southeast Asia. In the last couple of years, e-commerce has accounted for a growing share of the total retail sales across the country. While international players such as Shopee and Lazada are the leading online marketplaces in Vietnam, local retailers have been making their mark, especially when it comes to specialized retailing, such as consumer electronics and IT devices. Apart from e-commerce platforms, Vietnamese consumers have also been shopping via social commerce, which is expected to be an e-commerce channel of significant importance in the coming years.

In the first quarter of 2023, Samsung's smartphones accounted for 30 percent of the shipment share of smartphone products in Vietnam. By comparison, Apple iPhones were responsible for over 16 percent of the total smartphone shipment in the country.

Vietnam Retail Market size was valued at USD 297.5 Billion in 2024 and is expected to reach USD 952.6 Billion by 2032, growing at a CAGR of 15.6% from 2026 to 2032.

Vietnam Retail Market: Definition/ Overview

In Vietnam, retail is the direct sale of products and services to consumers through a variety of channels such as supermarkets, shopping malls, convenience shops, and e-commerce platforms.

According to a survey in 2022, clothing, footwear, and cosmetic products were the most popular online product categories according to online shoppers in Vietnam. Home appliances ranked second, with 67 percent of respondents having purchased these items online. Online shopping on the rise in Vietnam In 2022, around 7.5 percent of total retail sales in Vietnam came from e-commerce, equaling over 16.4 billion U.S. dollars. The growth of this sector has been recorded year-on-year during the last decade in the country. In the same year, over half of the Vietnamese population reported having purchased consumer goods online. Not only are there more people buying products online, but the average amount spent per consumer on e-commerce channels has also been increasing exponentially in Vietnam. Vietnam’s internet economy Vietnam had the third largest internet economy in Southeast Asia, behind Indonesia and Thailand, with a total market value of 23 billion U.S. dollars. While e-commerce accounted for the lion’s share, other segments within the internet economy in the country have been growing fast in recent years. For instance, the COVID-19 pandemic has made online entertainment the new normal for people across different age groups, contributing to the substantial increase in online media market value in Vietnam. Furthermore, after the pandemic, food delivery, ride-hailing, and online travel have continued to benefit from the shift in consumer preferences towards online products and services.

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Vietnam Semiconductors Market Size 2025-2029

The Vietnam semiconductors market size is forecast to increase by US $2.04 billion at a CAGR of 7% between 2024 and 2029. The semiconductor market is experiencing significant growth, driven by the increasing adoption of low-cost communication devices. This trend is in line with the sustainable growth observed in the global semiconductor industry.

Major Market Trends & Insights

Based on the Application, the Consumer electronics segment led the market and was valued at USD 2.73 billion of the global revenue in 2022.
Based on the End-user, the Memory segment accounted for the largest market revenue share in 2022.

Market Size & Forecast

Market Opportunities: USD 67.57 Million
Future Opportunities: USD 2.04 Billion
CAGR (2024-2029): 7%

Semiconductor metrology and 3D semiconductor packaging are crucial in ensuring high-performance computing chips meet stringent requirements for defect density reduction and design for manufacturability. Logic chip technology and memory chip technology advancements continue to fuel progress in artificial intelligence chips, consumer electronics semiconductors, and high-frequency semiconductor devices. Process variability control and supply chain optimization are essential in maintaining the competitiveness of semiconductor manufacturers. For instance, a leading semiconductor manufacturer reduced its defect rate by 25% through advanced node technology implementation and improved its supply chain efficiency by 30% through strategic partnerships. The market's continuous dynamism is further emphasized by the ongoing research and development in compound semiconductor materials, high-performance computing chips, and semiconductor intellectual property.

What will be the size of the Vietnam Semiconductors Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The semiconductor market in Vietnam continues to evolve, with ongoing advancements in technology driving innovation across various sectors. Lithography resolution enhancement and material characterization techniques are essential in nanoscale semiconductor fabrication, enabling the production of smaller, more efficient chips. Cost reduction strategies, such as semiconductor equipment maintenance and circuit board assembly automation, remain a priority for manufacturers. In the automotive industry, the demand for advanced safety features and electric vehicle technology drives the adoption of semiconductor components, accounting for over 10% of the global semiconductor market. Industrial applications, including robotics and automation, also contribute significantly to the market's growth, with expectations of a 12% compound annual growth rate (CAGR) through 2026. The memory segment is the second largest segment of the type and was valued at USD 2.49 billion in 2022.
The market continues to evolve in various sectors. However, market dynamics are not without challenges. One such obstacle is the excessive semiconductor inventory, which poses a threat to market players' profitability. This inventory glut is a result of oversupply and weak demand, particularly in the automotive and industrial sectors. To capitalize on the market's potential, companies must effectively manage their inventory levels and explore opportunities in emerging sectors, such as consumer electronics and telecommunications.
Strategic partnerships and collaborations could also help in mitigating the challenges and enhancing competitiveness. In summary, the semiconductor market in Vietnam presents both opportunities and challenges. Companies must navigate the inventory glut while leveraging the growing demand for low-cost communication devices to secure their market position and drive sustainable growth.

How is this Vietnam Semiconductors Market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Consumer electronics
  Communications
  Automotive
  Medical devices
  Others


End-user

  Memory
  Foundry
  IDM


Device

  Power Management Integrated Circuits (PMICs)
  Microchips
  Radio Frequency Identification (RFID)


Semiconductor Materials

  Fabrication
  Pacakging


Geography

  APAC

    Vietnam

By Application Insights

The consumer electronics segment is estimated to witness significant growth during the forecast period. The segment was valued at USD 2.72 billion in 2022. It continued to the largest segment at a CAGR of 5.98%.

The semiconductor industry in Vietnam is experiencing significant growth, driven by advancements in semiconductor material science, manufacturing processes, a