Sunday, January 29, 2023

Email id: support@kenresearch.com, Contact Us : +91-9871552944

Home Technology and Telecom Rise in Investments by Foreign Investor Expected to Drive Vietnam Telecommunication Market:...

Rise in Investments by Foreign Investor Expected to Drive Vietnam Telecommunication Market: Ken Research

Vietnam telecommunications sector comprises of various companies that transfer data in voice, words, audio, or video across the globe. The major companies in the sector are telephone (wired and wireless) operators, cable companies, satellite companies, and internet service providers. The sector plays a crucial role in the evolution of mobile communications& the information society. The telecommunication sectors are a key economic factor in the integration process. It helps to raise public awareness as well as contributes to ensuring national security & social order. The telecommunication sector comprises three basic sub-sectors: telecom services (next largest), telecom equipment (the largest), and wireless communication. The major segments within these sub-sectors include wireless communications, processing systems & products, communications equipment, foreign telecom services, long-distance carriers, diversified communication services, and domestic telecom services. Some examples of telecommunication are microwave radio systems, telephone systems, mobile cellular systems, satellite communication systems, radar & solar systems, information & intelligent gathering, space discovery using telecommunication and TV & radio broadcasting systems.

According to the study, “Vietnam Telecommunication Comprehensive Report Q4/2019” the key companies operating in the Vietnam telecommunication market are VNPT Telecommunications Group, Vietnam Military Telecoms Company-Viettel telecom, VNPT Vietnam Posts, and Telecommunications Group-VinaPhone, Vietnam Mobile Telecom Services Corporation-Mobifone. The key providers will transform their enterprise systems and digital business-to-customer (B2C) channels into modern & agile platforms. These will provide personnel in the telecommunication industry with analytics-driven functioning decision-support capabilities and would deliver seamless back-end assimilation capabilities through micro-services.

Based on the element, the Vietnam telecommunication market is segmented into a sender, transmitter, transmission medium, sender and channel. Based on communication type, the market is segmented into broadcast communication, point-to-point communication, and multiplex system. Based on services, the market is segmented into basic communication services and value-added services. Basic telecommunication services include facsimile services, circuit-switched data transmission, voice telephone services, packet-switched data transmission, telegraph services, telex services, and others. Value-added services include data processing, electronic data interchange e-mail, voicemail, and online database storage. Based on the package, the market is segmented into a double play package, triple-play package, and quad-play package. In addition, based on end-use, the market is segmented into commercial and residential.

The Vietnam telecommunication market is driven by growth in innovations & developments; followed by intense market competition, rise in affordability of services, high investments in new telecommunication technologies, for instance, wireless communication and satellite, increase in demand for high-speed internet and growth in innovative services such as e-agriculture& e-education. However, the high cost of value-added services and stringent government policies may impact the market. Moreover, the rise in investments by foreign the investor is a key opportunity for the market. Furthermore, maintaining security is a major challenge for the market.

Vietnam the telecommunication industry is growing up owing to the rise in government planning for smart cities, the fourth industrial revolution, start-ups, and growth in national innovation network program that is enabled by state-of-the-art 4G & 5G and internet-of-things (IoT). In upcoming years, it is predicted that the future of this industry will be bright as a result of a rise in the number of mobile subscribers during the forecast period.

For More Information, Click On The Link Below:-

Vietnam Telecommunication Industry Growth

Related Reports:-

Global Telecommunications Tower Market 2019 by Company, Regions, Type, and Application, Forecast to 2024

Vietnam Telecommunication Standard Report Q4/2019

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

RELATED ARTICLES

Growing Volume of Big Data and Low Costs to Enterprises will Boost Germany Hyperscale Data Center Market: Ken Research

Buy Now 1. Hyperscale Data Center market in Germany expanded at a CAGR of 21.7% in between 2017 and 2022P. To Know More about this report, download...

Shifts In Creative Media Content Towards Content Delivery Networks, Iot, Growth Of Big Data And The Roll Out Of 5G Is Driving The Demand...

Buy Now The market is Fragmented with several important players. Equinix, Digital Reality, Iron Mountain are among the top players in the market. Top Hyper Scale...

Germany Hyperscale Data Centre Market is in the Growing Stage, Driven by Continuous Efforts of the Government to Improve Digital Economy to Undertake Technological...

Buy Now New business models are likely to emerge including pay-per-use utility model, built to suit, etc. Location and design, easy scalability, security, infrastructure, sustainable...

Most Popular

Global Mental Wellness Industry is growing at a CAGR of ~6% during 2022-2028: Ken Research

Buy Now Global Mental Wellness Market by Age Group The Global Mental Wellness market is segmented by Age group into Adult, Geriatric and Teenager. The adult segment...

Global Mental Wellness Market is expected to reach a market size of ~US$ 150 billion by 2028: Ken Research

Buy Now What is the Size of Global Mental Wellness Industry? Global Mental Wellness market is growing at a CAGR of ~% in 2017-2022 and is...

Rising demand of personal vehicles with increasing population and future expansion strategies of market players to drive the Lubricants Market in Philippines: Ken Research

Buy Now Philippines Lubricants Market Ecosystem The Philippines lubricants market is fragmented with too many lubricant manufacturers operating in the industry. Petron and Shell are the...

Dossier 360, Provides You Unrestricted Access to All Bundled Research Reports: Ken Research

Ken Research is one of the best market research and consulting firm, based out of India, UAE, and Indonesia. We recommend business intelligence and...