Telecommunication Services in Vietnam
Summary
Telecommunication Services in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The telecommunication services market is defined as the total volume and value of both the fixed line and the wireless telecommunications market. The market volume here is defined as the number of fixed-line and wireless subscriptions.
- The Vietnamese telecommunication services market recorded revenues of $6.4 billion in 2023, representing a compound annual growth rate (CAGR) of 1.8% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 1.1% between 2018 and 2023, reaching a total of 168.3 million subscriptions in 2023.
- The growth in the market is also attributed to the increase in mobile penetration. According to the World Bank, mobile penetration in Vietnam stood at 140.3 per 100 people in 2023, an increase of 0.3% from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the telecommunication services market in Vietnam
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the telecommunication services market in Vietnam
- Leading company profiles reveal details of key telecommunication services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Vietnam telecommunication services market with five year forecasts
- What was the size of the Vietnam telecommunication services market by value in 2023?
- What will be the size of the Vietnam telecommunication services market in 2028?
- What factors are affecting the strength of competition in the Vietnam telecommunication services market?
- How has the market performed over the last five years?
- What are the main segments that make up Vietnam's telecommunication services market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the key market players?
- 7.2. What strategies do the key market players follow?
- 7.3. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Viettel Military Industry and Telecoms Group
- 8.2. FPT Telecommunication Joint Stock Company
- 8.3. VinaPhone Company
- 8.4. MobiFone
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Vietnam telecommunication services market value: $ billion, 2018-23
- Table 2: Vietnam telecommunication services market volume: million Subscriptions, 2018-23
- Table 3: Vietnam telecommunication services market category segmentation: % share, by value, 2018-2023
- Table 4: Vietnam telecommunication services market category segmentation: $ billion, 2018-2023
- Table 5: Vietnam telecommunication services market geography segmentation: $ billion, 2023
- Table 6: Vietnam telecommunication services market value forecast: $ billion, 2023-28
- Table 7: Vietnam telecommunication services market volume forecast: million Subscriptions, 2023-28
- Table 8: Viettel Military Industry and Telecoms Group: key facts
- Table 9: Viettel Military Industry and Telecoms Group: Key Employees
- Table 10: FPT Telecommunication Joint Stock Company: key facts
- Table 11: FPT Telecommunication Joint Stock Company: Annual Financial Ratios
- Table 12: FPT Telecommunication Joint Stock Company: Key Employees
- Table 13: VinaPhone Company: key facts
- Table 14: VinaPhone Company: Key Employees
- Table 15: MobiFone: key facts
- Table 16: Vietnam size of population (million), 2019-23
- Table 17: Vietnam real gdp (constant 2010 prices, $ billion), 2019-23
- Table 18: Vietnam gdp (current prices, $ billion), 2019-23
- Table 19: Vietnam inflation, 2019-23
- Table 20: Vietnam consumer price index (absolute), 2019-23
- Table 21: Vietnam exchange rate, 2018-23
- List of Figures
- Figure 1: Vietnam telecommunication services market value: $ billion, 2018-23
- Figure 2: Vietnam telecommunication services market volume: million Subscriptions, 2018-23
- Figure 3: Vietnam telecommunication services market category segmentation: $ billion, 2018-2023
- Figure 4: Vietnam telecommunication services market geography segmentation: % share, by value, 2023
- Figure 5: Vietnam telecommunication services market value forecast: $ billion, 2023-28
- Figure 6: Vietnam telecommunication services market volume forecast: million Subscriptions, 2023-28
- Figure 7: Forces driving competition in the telecommunication services market in Vietnam, 2023
- Figure 8: Drivers of buyer power in the telecommunication services market in Vietnam, 2023
- Figure 9: Drivers of supplier power in the telecommunication services market in Vietnam, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the telecommunication services market in Vietnam, 2023
- Figure 11: Factors influencing the threat of substitutes in the telecommunication services market in Vietnam, 2023
- Figure 12: Drivers of degree of rivalry in the telecommunication services market in Vietnam, 2023
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