Vietnam Cloud Service Market By Service Type (Infrastructure-as-a-Service, Platform-as-a-Service & Software-as-a-Service), By Type (Public Cloud, Private Cloud, & Hybrid Cloud), By End Use Application, Competition, Forecast & Opportunities, 2014-2024

Vietnam cloud service market is projected to grow from $ 165 million in 2018 to $ 291 million by 2024, exhibiting a double digit CAGR of over 10% during 2019-2024. Growth in the market is led by surging adoption of cloud services such as Infrastructure-as-a-Service, Software-as-a-Services, etc., and growing number of small & medium-sized enterprises. Moreover, cloud is cost-efficient as users are not required to install any hardware or software. Additionally, enterprise mobility along with rising need for data storage is further anticipated to drive growth in Vietnam cloud service market in the coming years.
By service type, Infrastructure-as a service dominates Vietnam cloud service market as Infrastructure-as-a-service involves various solutions such as servers, storage, networking, virtualization, etc., which saves IT staff time as numerous users can work on a single piece of hardware anywhere and anytime. However, Software-as-a-Service is expected to grow at the fastest CAGR during forecast period as it helps companies in lower up-front cost, as it is subscription-based and has no up-front license fees resulting in lower initial costs. Among end use applications, corporates/private organizations account for the majority share in Vietnam cloud service market owing to the low costs of cloud services, as well as open and transparent costs policy, which is attracting corporates/private organizations towards cloud services.
Northern Vietnam is the leading region in Vietnam cloud service market owing to the presence of large corporates/private organizations, government & defense institutions coupled with the growing number of SMEs in the region.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 20202024
Objective of the Study:
To define, segment, describe and forecast Vietnam cloud service market on the basis of service type, type, end use application, region and company.
To analyze and forecast Vietnam cloud service market size.
To scrutinize the detailed market segmentation and forecast the market size on the basis of segmenting Vietnam cloud service market into end use applications, namely, Corporates/Private Organizations, BFSI, Government & Defense, Retail, Healthcare, Academic & Education Institutions, and Others.
To identify the drivers and challenges for Vietnam cloud service market.
To analyze and forecast the market size for Vietnam cloud service market with respect to service type, type, end use application, region and company.
To strategically profile leading players in the market which are driving the innovation and technological advancements in Vietnam cloud service market.
Key players in Vietnam cloud service market are FPT Corporation, Viettel-CHT Limited Company, CMC Corporation, IBM Vietnam Company, Microsoft Vietnam, Amazon Web Services Vietnam Company Limited, Mat Bao Corporation, NTC Cloud Computing Company Limited, SAP Asia (Vietnam) Co. Ltd., HPT Vietnam Corporation, Google LLC and Salesforce.com, inc.
They performed both primary as well as exhaustive secondary research for this study. Initially, They sourced a list of cloud service providers in Vietnam. Subsequently, They conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. They further analyzed the cloud service or variants of major cloud service providers.
They calculated the market size for Vietnam cloud service market using a bottom-up approach, wherein data for different components for standard application was recorded and forecast for the future years. They sourced these values from industry experts and company representatives, and these were externally validated through analyzing historical data of Vietnam cloud service market to arrive at the overall market size. Various secondary sources such as secondary company websites, company annual reports, press releases, white papers, investor presentations and financial reports were also studied
Key Target Audience:
Vietnam cloud service providers and other stakeholders
Associations, organizations and alliances related to cloud service
Government bodies such as regulating authorities and policy makers
Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as cloud service providers, companies, customers and policy makers, about the targeted market segments in coming years in order to strategize investments and capitalize on the growth of market segment.
Report Scope:
In this report, Vietnam cloud service market has been segmented into the following categories in addition to the industry trends, which have also been detailed below:
Market, by Service Type:
o Infrastructure-as-a-Service
o Software-as-a-Service
o Platform-as-a-Service
Market, by Type:
o Public Cloud
o Private Cloud
o Hybrid Cloud
Market, by End Use Application:
o Corporates/Private Organizations
o BFSI
o Government & Defense
o Retail
o Healthcare
o Retail
o Academic & Education Institutions
o Others
Market, By Region:
o Northern Vietnam
o Southern Vietnam
o Central Vietnam
Market, by Company:
o FPT Corporation
o Viettel-CHT Limited Company
o CMC Corporation
o IBM Vietnam Company
o Others
Competitive Landscape
Company Profiles: Detailed analysis of the major companies providing cloud service providers.
Available Customizations:
With the given market data, They offers customization according to a companys specific needs. The following customization options are available for the report:
Customer Profiling
Detailed analysis and profiling of additional market players (up to five)
1. Product of Interest (POI): Cloud Service An Introduction & Classification
2. Research Methodology
3. Executive Summary
4. Voice of Customer/Customer Insights
4.1. Awareness of Cloud Services
4.2. Usage & Applicability Analysis
4.3. Key Benefits of Cloud Service
4.4. Factors Influencing Vendor Selection Decision
4.5. Challenges faced & Unmet needs
5. Vietnam Cloud Service Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Service Type (Infrastructure as a Service, Software as a Service and Platform as a Service)
5.2.2. By Type (Public Cloud; Private Cloud; and Hybrid Cloud)
5.2.3. By End Use Application (Corporates/Private Organizations, BFSI, Government & Defense, Retail, Healthcare, Academic & Education Institutions and others)
5.2.4. By Region (Northern Vietnam, Southern Vietnam and Central Vietnam)
5.2.5. By Company
5.3. Market Attractiveness Index (By Service, Type By Type, By End Use Application and Region)
6. Vietnam Public Cloud Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Service Type (Infrastructure as a Service, Software as a Service and Platform as a Service)
6.2.2. By End Use Application (Corporates/Private Organizations, BFSI, Retail, Government & Defense, Healthcare, Academic & Education Institutions and Others)
7. Vietnam Private Cloud Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Service, Type (Infrastructure as a Service, Software as a Service and Platform as a Service)
7.2.2. By End Use Application (Government & Defense, BFSI, Corporates/Private Organizations, Retail, Healthcare, Academic & Education Institutions and Others)
8. Vietnam Hybrid Cloud Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Service Type (Infrastructure as a Service, Software as a Service and Platform as a Service)
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends & Development
11. Policy & Regulatory Landscape
12. Vietnam Economic Profile
13. Competitive Landscape
13.1. Competition Outlook
13.2. Company Profiles
13.2.1. FPT Corporation
13.2.2. Viettel-CHT Limited Company
13.2.3. CMC Corporation
13.2.4. IBM Vietnam Company
13.2.5. Microsoft Vietnam
13.2.6. Amazon Web Services Vietnam Company Limited
13.2.7. Mat Bao Corporation
13.2.8. NTC Cloud Computing Company Limited
13.2.9. SAP Asia (Vietnam) Co. Ltd.
13.2.10. HPT Vietnam Corporation
13.2.11. Google LLC
13.2.12. Salesforce.com, inc.
14. Strategic Recommendations

List Of Tables

Table 1: Cloud Readiness Index, 2018

List Of Figures

Figure 1: Awareness of Cloud Service, By Service Type, 2018 (n=50)
Figure 2: Major Applications of Cloud Service, 2018 (n=50) (5=Strongly agree; 4=Agree; 3=Neutral; 2=Disagree; 1= Strongly disagree)
Figure 3: Key Benefits of Cloud Service, 2018 (n=50)
Figure 4: Key Vendor Selection Parameter, 2018 (n=50)
Figure 5: Major Challenges for Cloud Service Adoption, 2018 (n=50) (5=Strongly agree; 4=Agree; 3=Neutral; 2=Disagree; 1= Strongly disagree)
Figure 6: Key Vendor Challenges, 2018 (n=50)
Figure 7: Vietnam Cloud Service Market Size, By Value (USD Thousand), 2014-2024F
Figure 8: Vietnams Demand in ICT Sector, By Value (USD Billion), 2017 & 2018F
Figure 9: Vietnams Spending in IT Sector, By Value (USD Billion), 2017 & 2018F
Figure 10: Vietnam Cloud Service Market Share, By Service Type, By Value, 20142024F
Figure 11: Vietnam Cloud Service Market Share, By Type, By Value, 20142024F
Figure 12: Cloud Infrastructure, By Country, Aggregated Scores Out of 30
Figure 13: Vietnam Cloud Service Market Share, By End Use Application, By Value, 20142024F
Figure 14: Vietnam Cloud Service Market Share, By Region, By Value, 2018 & 2024F
Figure 15: Vietnam Cloud Service Market Share, By Region, By Value, 20182024F
Figure 16: Vietnam Retail Sales Of Goods And Services, By Region, By Value (USD Billion), 2016
Figure 17: Vietnams Healthcare Expenditure, By Value (USD Billion), 2017 & 2021F
Figure 18: Vietnam Cloud Service Market Share, By Company, By Value, 2018
Figure 19: Service Type Map on the basis of Market Size (USD Thousand) & Growth Rate (%), 2018
Figure 20: Type Map on the basis of Market Size (USD Thousand) & Growth Rate (%), 2018
Figure 21: End Use Application Map on the basis of Market Size (USD Thousand) & Growth Rate (%), 2018
Figure 22: Region Map on the basis of Market Size (USD Thousand) & Growth Rate (%), 2018
Figure 23: Vietnam Public Cloud Market Size, By Value (USD Thousand), 2014-2024F
Figure 24: Vietnam Public Cloud Market Share, By Service Type, By Value, 20142024F
Figure 25: Vietnam Public Cloud Market Share, By End Use Application, By Value, 20142024F
Figure 26: Vietnam Private Cloud Market Size, By Value (USD Thousand), 2014-2024F
Figure 27: Vietnam Private Cloud Market Share, By Service Type, By Value, 20142024F
Figure 28: Vietnam Private Cloud Market Share, By End Use Application, By Value, 20142024F
Figure 29: Vietnam Hybrid Cloud Market Size, By Value (USD Thousand), 2014-2024F
Figure 30: Vietnam Hybrid Cloud Market Share, By Service Type, By Value, 20142024F

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