According to www.techsciresearch.com report “Vietnam Telecom Infrastructure Market By Type of Service, By Type of Equipment, Competition Forecast & Opportunities, 2012 - 2022”, telecom infrastructure market in Vietnam is projected to cross $ 10 billion mark by 2022.
Report URL- https://www.techsciresearch.com/report/vietnam-telecom-infrastructure-market-by-type-of-service-mobile-service-and-fixed-line-service-by-type-of-equipment-networking-equipment-transmitting-device-and-end-point-device-competition-forecast-and-opportunities/966.html
1. Vietnam Telecom Infrastructure Market,
By Type of Service, By Type of Equipment
Competition Forecast & Opportunities,
2012 – 2022
M a r k e t I n t e l l i g e n c e . C o n s u l t i n g
10. I n d u s t r y B r i e f
10
Vietnam Telecom Infrastructure Market to Surpass $10 Billion by 2022
According to TechSci Research report, “Vietnam Telecom Infrastructure Market By Type of Service, By
Type of Equipment, Competition Forecast & Opportunities, 2012 – 2022”, telecom infrastructure market
in Vietnam is projected to cross $ 10 billion mark by 2022, on the back of growing smartphone market,
rollout of more services with enhanced features and offerings, and increasing number of government
initiatives for updating the equipment to cope up with soaring internet usage. In 2015, Vietnam had 122
million mobile subscribers, which was much higher than its population which stood at 93 million in the
indicated year. Continuing decline in the prices of smartphones and hardware components are likely to
have a positive impact on the country’s telecom infrastructure market in the coming years.
In terms of equipment (i.e. all physical hardware components used for the purpose of communication),
networking equipment captured a majority share in Vietnam’s telecom infrastructure market in 2016,
and the segment is anticipated to maintain its dominance throughout 2022, owing to increasing
proliferation of high speed mobile data i.e. 3G and 4G. Northern region of Vietnam governed the market
with the largest share in 2016 due to presence of the country’s capital “Hanoi”, which is the largest city in
the region. Viettel Telecom dominates Vietnam mobile service telecom infrastructure market, with other
major players operating in the country being MobiFone, Vinafone, Vietnamobile, and GTel.
“Technological advancements coupled with rising internet penetration are boosting demand for
connected devices across the country, which in turn is boosting the country’s telecom infrastructure
market. Moreover, growing adoption of internet services across various sectors coupled with increasing
government support and rapid urbanization are likely to drive the market through 2026.”, said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global management consulting firm.
12. R e p o r t O r d e r i n g
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