Vietnam Cloud Service Market : Insights and Analysis from Latest Research Report for Business Success | Viettel-CHT Ltd. Co., FPT Corp., HPT Vietnam Corp., CMC Corp., Mat Bao Corp., VCC Vinaphone

Vietnam Cloud Service Market Analysis & Forecast during 2019-2028

Market Introduction

The Vietnam cloud service market value is expected to grow at a CAGR of more than 25% during the forecast period of 2022-2028. Rapid digital transformation across the country is one of the primary factors fueling the market growth. The significant presence of a mix of foreign and domestic players offering a broad range of cloud services further augments the regional market growth. Government and public stakeholders are focusing on building the foundational infrastructure to accelerate the Vietnam cloud service market growth. In recent times, few applications have been developed and deployed singularly in some organizations without mass integration, reflecting enormous potential. Education, training, and management are the focused areas for the government and stakeholders with education facilities planning to incorporate cloud services. For instance, Vinh Long University of Technology Education (VLUTE) implemented a private cloud module VLUTE-Cloud for education, training, and management in 2018.

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Market Segmentation

The Vietnam cloud service market has been analyzed on the basis of service type, type, organization type, end user, and region. On the basis of Service Type, the market is segmented into Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS). IaaS is expected to grow considerably during the forecast period. Based on Type, the market is categorized into Public, Private, and Hybrid. On the basis of Organization Type, the market is segmented into Enterprise, SMEs, Large Enterprises, and Public Administration. Based on End-Use, the market is categorized into, Banking, Financial Services & Insurance (BFSI), Healthcare, Retail & Warehousing, Manufacturing, IT & Telecom, Media & Entertainment, Public & Government, and Others (Agriculture etc.). Banking and Financial segment is anticipated to hold a considerable share of Vietnam cloud service market. Geographically the market has been analyzed into Northern Vietnam, Central Vietnam, and Southern Vietnam.

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Market Structure and Competitive Analysis
The Vietnam cloud service market is characterized by the presence of a mix of a significant number of international and domestic cloud service providers. International players such as Google LLC,
Amazon.com Inc., IBM Corp., SAP SE, Salesforce Inc., and Oracle Corp. dominate the Vietnam cloud service market with nearly 80% market share in 2021 on account of brand presence and wide service offerings. Whereas domestic players such as
Viettel-CHT Ltd. Co.,
FPT Corp.,
HPT Vietnam Corp.,
CMC Corp.,
Mat Bao Corp.,
VCC Vinaphone (VNPT Cloud Contact Center),
and VNG Corp.,
among others, held the remaining market share.Leading industry players are making significant investments to gain a competitive edge over other players and as well as increase market share in the market space. Key developments observed in recent years in the market include,
In October 2021, VIB Bank and Microsoft Vietnam announced a 3-year partnership to deploy multi-cloud on Microsoft Azure premises.
In October 2021, Vietinbank cooperated with Amazon Web Services (AWS) to launch a digital banking service named VietinBank iPay, which is entirely deployed on cloud computing.
In September 2021, Techcombank chose AWS as a strategic partner to supply cloud computing services, including inclusive training packages AWS Skills Guild.

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Table of Content

Chapter One: Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
Chapter Two: Assumptions and Acronyms
Chapter Three: Executive Summary
3.1. Vietnam Cloud Service Market in2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
Chapter Four: Research Methodology
Chapter Five: Analysis of COVID-19 Impact and Road Ahead
Chapter Six: Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, technological adoption rate, economic conditions, and corporate spending, among others
6.3. Supply Chain & Value Chain Analysis
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter s Five Forces Analysis
Chapter Seven: Vietnam and Regional Market Dynamics
7.1. Drivers
7.2. Restraints
7.3. Trends
Chapter Eight: Vietnam Cloud Service Market: Opportunity Analysis
8.1. By Type
8.1.1. Public Cloud
8.1.2. Private Cloud
8.1.3. Hybrid Cloud
Chapter Nine: Vietnam Cloud Service Market: Spending Analysis
9.1. By End Use Industry
9.1.1. Banking, Financial Services & Insurance (BFSI)
9.1.2. Healthcare
9.1.3. Retail & Warehousing
9.1.4. Manufacturing
9.1.5. IT & Telecom
9.1.6. Media & Entertainment
9.1.7. Public & Government
9.1.8. Others (Agriculture etc. )
Chapter Ten: Parent Market Overview
10.1. Vietnam Information & Communication Type (ICT) Market
10.2. Vietnam Data Centers & Servers Market
Chapter Eleven: Segmental Analysis
11.1. Vietnam Cloud Service Market by Service Type
11.1.1. Segment Overview
11.1.1.1. Infrastructure as a Service (IaaS)
11.1.1.2. Platform as a Service (PaaS)
11.1.1.3. Software as a Service (SaaS)
11.2. Vietnam Cloud Service Market by Type
11.2.1. Segment Overview
11.2.1.1. Public Cloud
11.2.1.2. Private Cloud
11.2.1.3. Hybrid Cloud
11.3. Vietnam Cloud Service Market by Organization Type
11.3.1. Segment Overview
11.3.1.1. Enterprise
11.3.1.1.1. SMEs
11.3.1.1.2. Large Enterprises
11.3.1.2. Public Administration
11.4. Vietnam Cloud Service Market by End User
11.4.1. Segment Overview
11.4.1.1. Banking, Financial Services & Insurance (BFSI)
11.4.1.2. Healthcare
11.4.1.3. Retail & Warehousing
11.4.1.4. Manufacturing
11.4.1.5. IT & Telecom
11.4.1.6. Media & Entertainment
11.4.1.7. Public & Government
11.4.1.8. Others (Agriculture etc. )
11.5. Vietnam Cloud Service Market by Region
11.5.1. Northern Vietnam
11.5.2. Central Vietnam
11.5.3. South Vietnam
Chapter Twelve: Regional Analysis
12.1. Northern Vietnam Cloud Service Market Analysis and Forecast2019-2028
12.1.1. Market Overview
12.1.2. Northern Vietnam Cloud Service Market by Service Type
12.1.3. Northern Vietnam Cloud Service Market by Type
12.1.4. Northern Vietnam Cloud Service Market by Organization Type
12.1.5. Northern Vietnam Cloud Service Market by End User
12.2. Central Vietnam Cloud Service Market Analysis and Forecast2019-2028
12.2.1. Market Overview
12.2.2. Central Vietnam Cloud Service Market by Service Type
12.2.3. Central Vietnam Cloud Service Market by Type
12.2.4. Central Vietnam Cloud Service Market by Organization Type
12.2.5. Central Vietnam Cloud Service Market by End User
12.3. Southern Vietnam Cloud Service Market Analysis and Forecast2019-2028
12.3.1. Market Overview
12.3.2. Southern Vietnam Cloud Service Market by Service Type
12.3.3. Southern Vietnam Cloud Service Market by Type
12.3.4. Southern Vietnam Cloud Service Market by Organization Type
12.3.5. Southern Vietnam Cloud Service Market by End User
Chapter Thirteen: Competitive Landscape
13.1. Competition Dashboard
13.1.1. Vietnam and Regional Market Share Analysis
13.1.2. Market Structure
13.2. Competitive Benchmarking
13.3. Key Strategy Analysis
13.4. Top10 New Cloud Service Companies in Our Radar
13.5. Company Profiles
13.6. Global Companies
13.6.1. Amazon Web Services Vietnam Company Ltd. (Amazon. com Inc. )
13.6.1.1. Company Overview
13.6.1.2. Product/Service Offerings
13.6.1.3. Key Financials
13.6.1.4. Recent Developments
13.6.2. Google LLC (Alphabet Inc. )
13.6.2.1. Company Overview
13.6.2.2. Product/Service Offerings
13.6.2.3. Financials
13.6.2.4. Recent Developments
13.6.3. SAP Asia (Vietnam) Co. Ltd. (SAP SE)
13.6.3.1. Company Overview
13.6.3.2. Product/Service Offerings
13.6.3.3. Financials
13.6.3.4. Recent Developments
13.6.4. IBM Vietnam Co. , Ltd. (IBM Corp. )
13.6.4.1. Company Overview
13.6.4.2. Product/Service Offerings
13.6.4.3. Financials
13.6.4.4. Recent Developments
13.6.5. Salesforce, Inc.
13.6.5.1. Company Overview
13.6.5.2. Product/Service Offerings
13.6.5.3. Financials
13.6.5.4. Recent Developments
13.6.6. Oracle Corp.
13.6.6.1. Company Overview
13.6.6.2. Product/Service Offerings
13.6.6.3. Financials
13.6.6.4. Recent Developments
13.6.7. Microsoft Vietnam (Microsoft Corp. )
13.6.7.1. Company Overview
13.6.7.2. Product/Service Offerings
13.6.7.3. Financials
13.6.7.4. Recent Developments
13.6.8. NTC Cloud Computing Company Ltd.
13.6.8.1. Company Overview
13.6.8.2. Product/Service Offerings
13.6.8.3. Financials
13.6.8.4. Recent Developments
13.7. Vietnam Companies
13.7.1. Viettel-CHT Ltd. Co.
13.7.1.1. Company Overview
13.7.1.2. Product/Service Offerings
13.7.1.3. Financials
13.7.1.4. Recent Developments
13.7.2. FPT Corp.
13.7.2.1. Company Overview
13.7.2.2. Product/Service Offerings
13.7.2.3. Key Financials
13.7.2.4. Recent Developments
13.7.3. HPT Vietnam Corp.
13.7.3.1. Company Overview
13.7.3.2. Product/Service Offerings
13.7.3.3. Key Financials
13.7.3.4. Recent Developments
13.7.4. CMC Corp.
13.7.4.1. Company Overview
13.7.4.2. Product/Service Offerings
13.7.4.3. Financials
13.7.4.4. Recent Developments
13.7.5. Mat Bao Corp.
13.7.5.1. Company Overview
13.7.5.2. Product/Service Offerings
13.7.5.3. Financials
13.7.5.4. Recent Developments
13.7.6. VCC Vinaphone (VNPT Cloud Contact Center)
13.7.6.1. Company Overview
13.7.6.2. Product/Service Offerings
13.7.6.3. Financials
13.7.6.4. Recent Developments
13.7.7. VNG Corp.
13.7.7.1. Company Overview
13.7.7.2. Product/Service Offerings
13.7.7.3. Financials
13.7.7.4. Recent Developments
13.7.8. Bizfly (VCCorp. )
13.7.8.1. Company Overview
13.7.8.2. Product/Service Offerings
13.7.8.3. Financials
13.7.8.4. Recent Developments
13.7.9. BASE Enterprise
13.7.9.1. Company Overview
13.7.9.2. Product/Service Offerings
13.7.9.3. Financials
13.7.9.4. Recent Developments
13.7.10. Sapo Technology
13.7.10.1. Company Overview
13.7.10.2. Product/Service Offerings
13.7.10.3. Financials
13.7.10.4. Recent Developments
13.7.11. P. A Vietnam Co. , Ltd
13.7.11.1. Company Overview
13.7.11.2. Product/Service Offerings
13.7.11.3. Financials
13.7.11.4. Recent Developments
*List not exhaustive
Chapter Fourteen: Disclaimer

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