The Vietnam Cyber Security Market Report Segments the Industry Into by Offering (Solutions, Services), by Deployment Mode (Cloud, On-Premise), by Organization Size (SMEs, Large Enterprises), and by End User (BFSI, Healthcare, IT and Telecom, Industrial and Defense, Retail, Energy and Utilities, Manufacturing, Others). The Market Forecasts are Provided in Terms of Value (USD).

The Vietnam cyber security market was valued at USD 297.40 Million in 2024. The industry is expected to grow at a CAGR of 15.70% during the forecast period of 2025-2034 to attain a valuation of USD 1278.42 Million by 2034.

In 2021, the revenue of the cybersecurity market in Vietnam reached about *** trillion Vietnamese dong, an increase from the previous year. In that year, around ** cybersecurity companies were operated in the country.

The Vietnam Cyber Security report features an extensive regional analysis, identifying market penetration levels across major geographic areas. It highlights regional growth trends and opportunities, allowing businesses to tailor their market entry strategies and maximize growth in specific regions.

In Vietnam Cybersecurity Market, offering valuable insights, key market trends, competitive landscape, and future outlook to support strategic decision-making and business growth.

Thị trường an ninh mạng Việt Nam đang bùng nổ với CAGR 16.80%! Khám phá phân tích thị trường chi tiết, xu hướng, thách thức và các công ty hàng đầu. Tìm hiểu về cơ hội đầu tư và tăng trưởng trong lĩnh vực an ninh mạng tại Việt Nam từ năm 2019 đến 2033. Recent developments include: August 2022 - Kasikornbank (KBank) of Thailand is pushing ahead with intentions to become a regional digital bank with an expansion drive in Vietnam. KBank intends to invest more than 2.7 billion baht (about USD 75 million) in strengthening its service network throughout AEC+3 (ASEAN plus Japan, China, and the Republic of Korea) to serve clients across all sectors with digital services., July 2022 - Amazon Web Services (AWS) is expanding in Vietnam by encouraging more customers to keep their data on its offshore-located cloud. However, the Vietnamese government is also pressuring domestic enterprises to keep their data in the country for security reasons. Amazon has attempted to expand its footprint in Vietnam to secure national data center customers. In 2021, the firm revealed AWS branches in Vietnam and launched its global IT training program.. Key drivers for this market are: Increasing Demand for Digitalization and Scalable IT Infrastructure, Growing IoT Connections Demanding Strengthened Cybersecurity in Enterprises. Potential restraints include: Lack of Cybersecurity Professionals and Outdated Cybersecurity Technology. Notable trends are: Increasing Demand for Digitalization and Scalable IT Infrastructure.

Vietnam Cybersecurity and Data Protection Market valued at USD 2.4 Bn, driven by rising cyber threats, digital transformation, and government initiatives for enhanced data privacy.

In 2021, Vietnam had approximately ** cybersecurity companies. In that year, the revenue of the cybersecurity market in Vietnam reached around *** trillion Vietnamese dong.

In Vietnam Defense Cybersecurity Market, offering valuable insights, key market trends, competitive landscape, and future outlook to support strategic decision-making and business growth.

Vietnam Cybersecurity and MSSP Market is valued at USD 2.4 billion, driven by rising cyber threats, digital transformation, and regulatory compliance, with growth in cloud and managed security services.

In Vietnam Healthcare Cybersecurity Market , was valued at approximately USD 10.11 billion in 2022 and is projected to reach USD 12.45 billion by 2029,

Vietnam Cybersecurity In Telecommunication Networks Market to grow at a Healthy CAGR by 2030.

Vietnam cybersecurity for healthcare market valued at USD 315 million, driven by digitization, rising cyber threats, and regulatory compliance, with growth in cloud and IoT security.

The Vietnam Data Center Physical Security Market is experiencing robust growth, projected to reach $15.90 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 18.50% from 2025 to 2033. This expansion is driven by several key factors. The increasing adoption of cloud computing and the surge in data center construction across the country necessitate robust security measures. Furthermore, government initiatives promoting digital transformation and cybersecurity are stimulating demand for advanced physical security solutions. Growing concerns about data breaches and cyber threats are also compelling organizations across various sectors, including IT & Telecommunications, BFSI (Banking, Financial Services, and Insurance), and Government, to invest heavily in these systems. The market is segmented by solution type (video surveillance, access control, and others), service type (consulting, professional, and system integration services), and end-user industries. Major players like ABB Ltd, Securitas Technology, and Bosch Sicherheitssysteme GmbH are actively competing in this expanding market, offering a wide array of sophisticated technologies. The historical period (2019-2024) likely saw steady growth, providing a strong foundation for the current and projected expansion. The market's future growth will likely be influenced by technological advancements in areas like AI-powered video analytics, biometric authentication, and integrated security systems. Government regulations aimed at enhancing data security will continue to drive adoption. However, potential restraints include the initial high investment costs associated with implementing advanced security solutions and the need for skilled professionals to manage and maintain these complex systems. Nevertheless, the overall positive outlook for Vietnam's digital economy and the rising awareness of cybersecurity risks suggest that the Vietnam Data Center Physical Security Market will continue its upward trajectory over the forecast period. The market's segmentation offers opportunities for specialized service providers to cater to specific industry needs and technological preferences. Recent developments include: October 2023: Zwipe partnered with Schneider Electric’s Security Solutions Group. The France-based multinational Schneider Electric plans to introduce the Zwipe Access fingerprint-scanning smart card to its clientele. This card will be integrated with Schneider Electric’s Continuum and Security Expert platforms, serving a client base from sectors including airports, transportation, healthcare, data centers, and more., April 2023: Securitas signed an expanded five-year agreement to provide Microsoft with data center security in 31 countries. The agreement includes risk management, comprehensive security technology as a system integrator, specialized safety and security resources, guarding services, and digital interfaces.. Key drivers for this market are: Growing Innovation in Video Surveillance among the Market Players, Increasing Data Center Projects. Potential restraints include: Growing Innovation in Video Surveillance among the Market Players, Increasing Data Center Projects. Notable trends are: Video Surveillance is Anticipated to be the Largest Segment.

Vietnam V2X Cybersecurity Market valued at USD 20 million, driven by connected vehicles, ADAS, and cyber threats. Growth fueled by government initiatives and smart tech adoption.

The Vietnam cyber insurance market size was valued at USD 2.80 Million in 2024. The industry is expected to grow at a CAGR of 43.10% during the forecast period of 2025-2034 to reach a valuation of USD 100.82 Million by 2034.

The surging emphasis placed by the government on investing in cybersecurity expertise as well as fostering regional and global cooperation for strengthening its efforts against cybercrime will drive the Vietnam cyber insurance market development. In August 2022, the Vietnamese government issued a national cybersecurity strategy, with objectives set for 2025 and 2030, for responding to challenges and crimes in cyberspace. Significant focus has also been laid on maintaining and increasing Vietnam’s ranking on the global cybersecurity index (GCI). The surging interest in online payments and ride-hailing services will also foster the market. According to industry reports, transactions via internet banking in Vietnam surged by 50.7% in volume and 33% in value in the first 11 months of 2024.

Furthermore, the Vietnam cyber insurance market outlook is impacted by the increasing number cyber-attacks and phishing practices due to the rising digital usage. According to industry reports, ransomware attacks encrypted nearly 3 terabytes of data in Vietnam, with estimated losses surpassing USD 10 million in the first half of 2024. Technologies, such as advanced analytics, machine learning and artificial intelligence (AI) are increasingly used for assessing cyber risks of clients, further adding to the regional industry development. In October 2024, AXA XL unveiled a new addition to its cyber insurance coverage across the globe for extending coverage in addressing specific Generative AI risks.

Vietnam Cybersecurity MSSP & SOC Market valued at USD 1.2 Bn, driven by rising cyber threats, digital adoption, and regulations, with growth in managed services and SOCs.

Vietnam Cybersecurity for BFSI Market valued at USD 1.2 Bn, driven by digitization and cyber threats. Expected growth with regulatory compliance and digital transformation.

Vietnam cybersecurity in e-commerce platforms market valued at USD 1.2 billion, driven by rising cyber threats, e-commerce growth, and government regulations for data protection.

Techsalerator’s Business Technographic Data for Vietnam: Unlocking Insights into Vietnam's Technology Landscape

Techsalerator’s Business Technographic Data for Vietnam provides a detailed and comprehensive dataset essential for businesses, market analysts, and technology vendors seeking to understand and engage with companies operating within Vietnam. This dataset offers in-depth insights into the technological landscape, capturing and organizing data related to technology stacks, digital tools, and IT infrastructure used by businesses in the country.

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Top 5 Most Utilized Data Fields

• Company Name: This field lists the names of companies in Vietnam, enabling technology vendors to target potential clients and allowing analysts to assess technology adoption trends within specific businesses.

• Technology Stack: This field outlines the technologies and software solutions a company uses, such as accounting systems, customer management software, and cloud services. Understanding a company's technology stack is key to evaluating its digital maturity and operational needs.

• Deployment Status: This field indicates whether the technology is currently deployed, planned for future deployment, or under evaluation. Vendors can use this information to assess the level of technology adoption and interest among companies in Vietnam.

• Industry Sector: This field specifies the industry in which the company operates, such as manufacturing, retail, or finance. Knowing the industry helps vendors tailor their products to sector-specific demands and emerging trends in Vietnam.

• Geographic Location: This field identifies the company's headquarters or primary operations within Vietnam. Geographic information aids in regional analysis and understanding localized technology adoption patterns across the country.

Top 5 Technology Trends in Vietnam

• E-commerce Expansion: With a rapidly growing digital consumer base, Vietnamese companies are increasingly investing in e-commerce platforms, digital marketing, and online payment systems to capture a larger market share and enhance customer experience.

• Fintech Innovations: Vietnam’s fintech sector is experiencing significant growth, with businesses adopting advanced financial technologies such as mobile payment solutions, digital wallets, and blockchain to improve financial transactions and services.

• Smart Manufacturing: The manufacturing sector in Vietnam is embracing Industry 4.0 technologies, including automation, IoT, and AI-driven analytics, to enhance productivity, efficiency, and competitiveness in the global market.

• Cloud Computing and SaaS: Cloud-based solutions and Software-as-a-Service (SaaS) offerings are gaining traction, providing Vietnamese businesses with scalable and flexible IT infrastructure that supports remote work and digital transformation initiatives.

• Cybersecurity Enhancements: As digital activities increase, so does the need for robust cybersecurity measures. Companies in Vietnam are investing in advanced security solutions, including threat detection systems and data protection tools, to safeguard their operations and customer data.

Top 5 Companies with Notable Technographic Data in Vietnam

• Vietcombank: A leading financial institution, Vietcombank is implementing cutting-edge digital banking solutions, including mobile banking apps and secure online transaction systems, to enhance customer service and operational efficiency.

• Vingroup: As a major conglomerate, Vingroup leverages advanced technologies across its diverse business segments, including real estate, retail, and healthcare, integrating smart technologies and digital platforms into its operations.

• FPT Corporation: A major IT services and software development company, FPT is at the forefront of digital transformation in Vietnam, offering solutions in cloud computing, AI, and cybersecurity to both domestic and international clients.

• Masan Group: A leading consumer goods and retail company, Masan Group is adopting digital tools and e-commerce platforms to optimize its supply chain, enhance customer engagement, and drive business growth.

• VNPT: Vietnam’s largest telecommunications provider, VNPT is expanding its network infrastructure and investing in advanced technologies such as 5G and IoT to improve connectivity and support the digital economy.

Accessing Techsalerator’s Business Technographic Data

For those interested in accessing Techsalerator’s Business Technographic Data for Vietnam, please contact info@techsalerator.com with your specific needs. Techsalerator offers customized quotes based on the required number of data fields and records, with datasets available for delivery within 24 hours. Ongoing access ...