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Vietnam Cyber Security Market, By Security Type (Network Security, Application Security, Cloud Security, Endpoint Security, Content Security & Others), By Solution Type (Firewall, Antivirus & Anti-Malware, Risk & Compliance Management, Identity & Access Management, Unified Threat Management, Data Loss Prevention, Encryption & Decryption, Intrusion Detection/Prevention System, Infrastructure Security & Others), By Deployment Mode (Cloud & On-premise), By End-User Industry (BFSI, IT & Telecom, Retail, Government & Defense, Healthcare, Education Technology & Others), By Region, Competition Forecast & Opportunities, 2018-2028F
Market Report I 2023-03-01 I 105 Pages I TechSci Research
Vietnam cybersecurity market was valued at USD 187.74 million in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 18.42%, owing to government initiatives, increased attack vectors, and artificial-intelligence attacks, among others, across the country.
Protecting sensitive information and important systems from online threats is the discipline of cybersecurity. Threats to networked systems and applications can come from both within and outside of an organization, which is why cybersecurity measures are created to counteract them. It primarily entails protecting networks, computers, servers, mobile devices, electronic systems, and data against harmful assaults. electronic information security and information technology security are other names for the same.
Increasing Demand for Bring Your Device (BYOD)
Bring your technology (BYOD) is an IT strategy that permits and promotes staff members' usage of their own mobile devices (such as smartphones and tablets) at work. As a result, reliable and real-time data synchronization is required for employees to access sensitive corporate data and applications, which increases the demand for mobile middleware implementation in mobile device apps. The risk of hackers stealing mobile devices to access the intellectual property has grown as BYOD is increasingly being used by businesses and organizations for greater productivity and innovation, cost savings, increased mobility, and employee happiness. Additionally, having personal devices on a commercial network makes it easier for hackers to access the network and data center of the firm, creating serious vulnerability risks for the corporation. These cybercriminals include multinational hackers that target federal and government institutions, rivals who try to steal confidential information from businesses, displeased workers, and more. Concerns about mobile device security, data breach security, mobile data security, and mobile application security are anticipated to grow as the BYOD market expands, spurring investment in the Vietnam cybersecurity market in the upcoming years.
Rise in Demand for Big Data Analytics
Vietnam has experienced a surge in cyberattacks over the past several years, which has compromised personal data and led to the loss of financial and confidential information. There is a high demand for Security Information and Event Management (SIEM) technology and services due to the prevalence of cyberattacks and data breaches, globally. To identify threats and provide security incident responses, SIEM gathers real-time security events from several events and data sources. Large corporations formerly focused on threat prevention procedures. The companies were able to identify a cyber-attack based on historical patterns. However, ongoing innovation in the cybersphere emphasizes the significance of researching and examining cyber-attack patterns to help governments and corporations create effective cyber defenses. Big data is, therefore, anticipated to have a substantial influence on a variety of cybersecurity solutions, including network monitoring, fraud detection, identity and access management, and others. In the upcoming years, the Vietnam Cybersecurity Market is anticipated to expand due to the rising industry usage of big data cyber analytics.
Growing Usage of the Internet of Things (IoT)
In Vietnam, several industries have quickly embraced the Internet of Things (IoT). Despite significant IoT adoption by the government, this technology is still in its infancy. The development of the IoT market has also received the attention of the government, along with businesses and science and technology organizations in recent years. . In addition, the trend of connected devices, rising smartphones, smart devices, and internet user penetration, etc., have been catching on in Vietnam. As automation and Internet-connected devices expand and data breaches become more frequent, the Vietnam Cybersecurity Market will grow as a result.
Market Segmentation
The Vietnam Cybersecurity Market is divided into Security Type, Solution Type, Deployment Mode, and End-User Industry. Based on security type, the market is divided into Network Security, Application Security, Cloud Security, Endpoint Security, Content Security, and Others. Based on solution type, Firewall, Antivirus & Anti-Malware, Risk & Compliance Management, Identity & Access Management, Unified Threat Management, Data Loss Prevention, Encryption & Decryption, Intrusion Detection/Prevention System, Infrastructure Security, and Others. Based on deployment mode, the market is segmented into Cloud and On-premise. Based on the end-user industry, the market is segmented into BFSI, IT & Telecom, Retail, Government & Defense, Healthcare, Education Technology, and Others.
Market Players
Major market players in the Vietnam Cybersecurity Market are FPT Corporation, SAP Vietnam Co. Ltd, IBM Vietnam Company Ltd, Microsoft Vietnam Limited Liability Company, Amazon Web Services Vietnam Limited, Cisco Systems Vietnam Ltd, Viettel Cybersecurity Company, Vietnam Posts and Telecommunications Group, Salesforce Inc, HPT Vietnam Corporation, Accenture Inc, Trellix Cybersecurity Company, CMC Corporation, and CrowdStrike Holdings Inc.
Report Scope:
In this report, the Vietnam Cybersecurity Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Vietnam Cybersecurity Market, By Security Type:
o Network Security
o Application Security
o Cloud Security
o Endpoint Security
o Content Security
o Others
- Vietnam Cybersecurity Market, By Solution Type:
o Firewall
o Antivirus & Anti-Malware
o Risk & Compliance Management
o Identity & Access Management
o Unified Threat Management
o Data Loss Prevention
o Encryption & Decryption
o Intrusion Detection/Prevention System
o Infrastructure Security
o Others
- Vietnam Cybersecurity Market, By Deployment Mode:
o Cloud
o On-Premise
- Vietnam Cybersecurity Market, By End-User Industry:
o BFSI
o IT & Telecom
o Retail
o Government & Defense
o Healthcare
o Education Technology
o Others
- Vietnam Cybersecurity Market, By Region:
o Northern Vietnam
o Southern Vietnam
o Central Vietnam
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Vietnam Cybersecurity Market.
Available Customizations:
Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Service Overview
2. Research Methodology
3. Impact of COVID-19 on the Vietnam Cybersecurity Market
4. Executive Summary
5. Voice of Customer
5.1. Brand Awareness
5.2. Types of Security Threats Experienced
5.3. Impact of Cybersecurity Threat
5.4. Key Vendor Selection Parameters
6. Vietnam Cybersecurity Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Security Type (Network Security, Application Security, Cloud Security, Endpoint Security, Content Security & Others)
6.2.2. By Solution Type (Firewall, Antivirus & Anti-Malware, Risk & Compliance Management, Identity & Access Management, Unified Threat Management, Data Loss Prevention, Encryption & Decryption, Intrusion Detection/Prevention System, Infrastructure Security & Others)
6.2.3. By Deployment Mode (Cloud & On-premise)
6.2.4. By End-User Industry (BFSI, IT & Telecom, Retail, Government & Defense, Healthcare, Education Technology & Others)
6.2.5. By Region
6.2.6. By Top 10 Provinces
6.2.7. By Company (2022)
6.3. Market Map
7. Vietnam Network Security Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Solution Type
7.2.2. By Deployment Mode
7.2.3. By End-User Industry
8. Vietnam Application Security Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Solution Type
8.2.2. By Deployment Mode
8.2.3. By End-User Industry
9. Vietnam Cloud Security Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Solution Type
9.2.2. By Deployment Mode
9.2.3. By End-User Industry
10. Vietnam End Point Security Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Solution Type
10.2.2. By Deployment Mode
10.2.3. By End-User Industry
11. Vietnam Content Security Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Solution Type
11.2.2. By Deployment Mode
11.2.3. By End-User Industry
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends and Developments
14. Policy & Regulatory Landscape
15. Top 10 Cybersecurity Breaches in Vietnam
16. Vietnam Economic Profile
17. Company Profiles
17.1. FPT Corporation
17.2. SAP Vietnam Co. Ltd
17.3. IBM Vietnam Company Ltd.
17.4. Microsoft Vietnam Limited Liability Company
17.5. Amazon Web Services Vietnam Limited
17.6. Cisco Systems Vietnam Ltd.
17.7. Viettel Cybersecurity Company
17.8. Vietnam Posts and Telecommunications Group
17.9. Salesforce, Inc
17.10. HPT Vietnam Corporation
17.11. Accenture, Inc.
17.12. Trellix Cybersecurity Company
17.13. CMC Corporation
17.14. CrowdStrike Holdings Inc.
18. Strategic Recommendations
19. About Us & Disclaimer
Figure 1: Vietnam Cybersecurity Market Size, By Value (USD Million), 2018-2028F
Figure 2: Vietnam Cybersecurity Market Share, By Security Type, By Value, 2018-2028F
Figure 3: Vietnam Cybersecurity Market Share, By Solution Type, By Value, 2018-2028F
Figure 4: Vietnam Cybersecurity Market Share, By Deployment Mode , By Value, 2018-2028F
Figure 5: Vietnam Cybersecurity Market Share, By End-User Industry, By Value, 2018-2028F
Figure 6: Vietnam Cybersecurity Market Share, By Region, By Value, 2018-2028F
Figure 7: Vietnam Cybersecurity Market Share, By Top 10 Provinces, By Value, 2018-2028F
Figure 8: Vietnam Cybersecurity Market Share, By Company, By Value, 2022
Figure 9: Vietnam Cybersecurity Market Map, By Security Type, Market Size (USD Million) & Growth Rate (%)
Figure 10: Vietnam Cybersecurity Market Map, By Solution Type, Market Size (USD Million) & Growth Rate (%)
Figure 11: Vietnam Cybersecurity Market Map, By Deployment Mode, Market Size (USD Million) & Growth Rate (%)
Figure 12: Vietnam Cybersecurity Market Map, By End-User Industry, Market Size (USD Million) & Growth Rate (%)
Figure 13: Vietnam Cybersecurity Market Map, By Region, Market Size (USD Million) & Growth Rate (%)
Figure 14: Vietnam Network Security Market Size, By Value (USD Million), 2018-2028F
Figure 15: Vietnam Network Security Market Share, By Solution Type, By Value, 2018-2028F
Figure 16: Vietnam Network Security Market Share, By Deployment Mode , By Value, 2018-2028F
Figure 17: Vietnam Network Security Market Share, By End-User Industry, By Value, 2018-2028F
Figure 18: Vietnam Application Security Market Size, By Value (USD Million), 2018-2028F
Figure 19: Vietnam Application Security Market Share, By Solution Type, By Value, 2018-2028F
Figure 20: Vietnam Application Security Market Share, By Deployment Mode , By Value, 2018-2028F
Figure 21: Vietnam Application Security Market Share, By End-User Industry, By Value, 2018-2028F
Figure 22: Vietnam Cloud Security Market Size, By Value (USD Million), 2018-2028F
Figure 23: Vietnam Cloud Security Market Share, By Solution Type, By Value, 2018-2028F
Figure 24: Vietnam Cloud Security Market Share, By Deployment Mode , By Value, 2018-2028F
Figure 25: Vietnam Cloud Security Market Share, By End-User Industry, By Value, 2018-2028F
Figure 26: Vietnam Endpoint Market Size, By Value (USD Million), 2018-2028F
Figure 27: Vietnam Endpoint Market Share, By Solution Type, By Value, 2018-2028F
Figure 28: Vietnam Endpoint Market Share, By Deployment Mode , By Value, 2018-2028F
Figure 29: Vietnam Endpoint Market Share, By End-User Industry, By Value, 2018-2028F
Figure 30: Vietnam Content Security Market Size, By Value (USD Million), 2018-2028F
Figure 31: Vietnam Content Security Market Share, By Solution Type, By Value, 2018-2028F
Figure 32: Vietnam Content Security Market Share, By Deployment Mode , By Value, 2018-2028F
Figure 33: Vietnam Content Security Market Share, By End-User Industry, By Value, 2018-2028F
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