The "Vietnam Cloud Service Market, Competition, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.
The Vietnamese Cloud Service Market is projected to grow from $ 181 million in 2019 to $ 427 million by 2025, exhibiting a healthy CAGR of over 15% during 2020 - 2025.
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 the Vietnamese Cloud Service Market in the coming years.
The Vietnamese Cloud Service Market is segmented based on service type, type, end-use application, and region. Based on service type, the market can be categorized into Infrastructure-as-a-Service, Platform-as-a-Service & Software-as-a-Service. Infrastructure-as a service segment dominates the Vietnamese 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 lowering up-front cost, since 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 the Vietnamese 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.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021-2025
Key Topics Covered:
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. Major Applications
4.3. Key Benefits of Cloud Service
4.4. Key Vendor Selection Parameter
4.5. Major Challenges for Cloud Service Adoption
4.6. Key Vendor Challenges
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. Product Market Map (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)
8.2.2. By End Use Application (Government & Defense, BFSI, Corporates/Private Organizations, Retail, Healthcare, Academic & Education Institutions and Others)
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
For more information about this report visit https://www.researchandmarkets.com/r/plv558
View source version on businesswire.com: https://www.businesswire.com/news/home/20201020005647/en/
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