Showing posts with label Vietnam Cyber Security Market Forecast. Show all posts
Showing posts with label Vietnam Cyber Security Market Forecast. Show all posts

Thursday, September 19, 2019

Vietnam Cyber Security Market Research Report And Future Outlook: Ken Research


How the Vietnam Cyber Security Market is Positioned?
The cyber security market in Vietnam is currently at its growth stage. The cyber security market has been categorized into two sub-categories which includes security and solutions. In terms of revenue, Vietnam cyber security market size was witnessed to increase from USD ~ million in the year 2013 to USD ~ million in 2018, therefore showcasing a CAGR of ~% over the review period 2013-2018. Rising cyber crimes in the various sectors of Vietnam and increasing internet penetration rate has been complimenting the size of this industry. In accordance with Vietnam Computer Emergency Response Center (VNCERT), the number of cyber attacks, that the country witnessed in the year 2018 was 8,319. Coupled with the growth in Retail and ICT Sector in Vietnam, the market has witnessed an increase in the cyber crimes resulting in a significant growth in the demand for Cyber Security Solutions. The market also witnessed an increase in the adoption of technologies such as IOT, BYOD and others; hence, increased exposure to cyber threats.

Expanding services portfolio of major players and aggressive marketing strategies have helped the industry revenue to grow at a CAGR of ~% during the review period. Competition within the Vietnam cyber security market was observed to be mildly fragmented with the presence of major players such as Juniper Network, Cisco Systems, Checkpoint Software Technologies Ltd, Symantec Corporation, Hewlett Packard Enterprise, Kaspersky, Fortinet, CMC Corporation and others. The Vietnam cyber security market was dominated by the international companies with a revenue share of ~% in the year 2018.

Vietnam Cyber Security Market Segmentations
By Imported & Domestic Services and Solution
The imported services and solutions in the Vietnam cyber security market clearly dominated as the market leader by capturing a massive revenue share of ~% in the year 2018 owing to increased penetration of international cyber security companies in Vietnam such as Juniper Network, Cisco, Symantec Corporation, Kaspersky and others. They were followed by the domestic services and solutions with respective revenue shares of ~% in the Vietnam cyber security market in 2018.

By Type of Solutions
The Firewall and Unified Threat Management (UTM) Solution established themselves as the market leader by capturing a massive revenue share of ~% in the year 2018 owing to the benefit of integration of varied security solutions under UTM, providing a multiple layer protection throughout the consumer Systems. The companies holding the highest share in terms of highest firewall solutions sold in Vietnam includes Cisco, Fortiniet and Several other Companies.

By End Users
The Banking & Finance End user segment within Vietnam was observed to dominate the country’s cyber security market by capturing a massive revenue share of ~%, in the year 2018 owing to the high vulnerability of the banking sector to the cyber threats given the nature of data that they hold which is highly confidential. In accordance with the National Cyber Security Center under the Ministry of Information and Communication (MIC), there were 10,220 cyber attacks on Banking Information System in Vietnam in the year 2018.

By Type of Security
Network security segment within Vietnam was observed to dominate the country’s cyber security market by capturing a massive revenue share of ~% in the year 2018 owing to the increased demand for the solutions such as Firewall, UTM, Antivirus and few others in Vietnam. Network security was followed by Application security with a revenue share of ~% in the Vietnam cyber security market.
Lastly, the End-Point, Mobile & Wireless, Content and Cloud Security segments collectively captured the remaining ~% revenue share in the Vietnam cyber security market in the year 2018.

Key Segments Covered:-
Cyber Security Market
By Imported & Domestic Security Solutions
Imported Services and Solutions
Domestic Services and Solutions

By Type of Solutions:-
Firewall and Unified Threat Management (UTM)
Intrusion Detection System (IDS/IPS)
Antivirus/Antimalware
Identity and Access Management (IAM)
Encryption
Data Loss Prevention (DLP)
Disaster Recovery
IoT Devices

By End User:-
Banking & Finance
Government
IT & Telecom
Retail
Healthcare
Energy & Power
Private Use
Others

By Type of Security:-
Network Security
Application Security
End- Point Security
Mobile & Wireless Security
Content Security
Cloud Security

Key Target Audience:-
Banks and Financial Institutions
Government Organizations
Retail Companies
Hospitals and Clinics
Airports
Cloud Computing Services Companies
IT- Companies
Home Users

Time Period Captured in the Report:-
Historical Period - 2013-2018
Forecast Period - 2019-2023E

Major Companies Covered:-
Juniper Network
Cisco
Check Point Software Technologies Ltd
Symantec Corporation
Hewlett Packard Enterprise Development LP
Kaspersky
Fortinet
CMC Corporation

Other Players:-
Vietnam Security Network (VSEC)
Vietnam Cyberspace Security technology (VNCS)
BAE Systems
CyRadar
IBM Corporation
Trend Micro
Oracle
Wanders
Sophos
Sentry Bay
AVG Technologies
Fire Eye

Key Topics Covered in this report:-
Vietnam Cyber Security Industry
Vietnam Cyber Security Market
Vietnam Cryptomining Malware Market Analysis
Trend Micro Security Solutions Vietnam
Vietnam Telecom Cyber Security Market
Vietnam Retail Cyber Security Market
Vietnam IT Security Market
Vietnam Data Loss Prevention Market
Vietnam Disaster Recovery Market
Vietnam IOT Devices Security Market
Vietnam Antivirus Market Analysis
Vietnam Internet Security Market
Vietnam Home Users Market
Vietnam Network Security Market

For more information, refer to below link:-

Related Reports:-



Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Thursday, August 1, 2019

Vietnam Cyber Security Industry Outlook to 2023: Ken Research


The report titledVietnam Cyber Security Industry Outlook to 2023 – By Solutions (Firewall & UTM, Intrusion Detection System, Antivirus and Others), By End Users (Banking & Finance, Government, IT & Telecom, Retail and Others), By Import and Domestic Security Solutions, By Security (Network Security, Application Security, End-Point Security, Mobile & Wireless Security, Content Security and Cloud Security)" provides a comprehensive analysis of cyber security services and solutions in Vietnam. The report focuses on overall market size for cyber security services and solutions in Vietnam; Vietnam cyber security market segmentation by Type of Solutions (Firewall & UTM, Intrusion Detection System, Antivirus, Identity and Access Management, Encryption, Data Loss Prevention, Disaster Recovery and IoT Devices), By Type of Security (Network Security, Application Security, End-Point Security, Mobile & Wireless Security, Content Security and Cloud Security), By End Users (Banking & Finance, Government, IT & Telecom, Retail, Healthcare, Energy & Power, Private User and Others). The report also covers the overall comparative landscape, Major cyber attacks in Vietnam, Snapshot of cyber security market in ASEAN countries, trends and growth drivers, issues and challenge, decision making parameters, technologies used in the cyber security market, SWOT analysis and Government regulations in the market. The report concludes with future projections for all the segments described above and analyst recommendations highlighting the major opportunities and cautions for the Vietnam cyber security industry.
Vietnam Cyber Security Market Overview and Size
The cyber security market in Vietnam is at a growth stage and has huge potential to grow in the country. The industry has showcased tremendous growth in terms of revenues. The growth isn’t only because of increasing cyber crimes in the country, but also because of the development in the economy and increasing digital presence across different sectors such as IT, Banking, Education, Small and Medium Enterprises and several others. The growing internet penetration in the country was observed contributing to the cyber security market with the growing cyber crimes on internet.

Vietnam Cyber Security Market Segmentations
By Imported and Domestic Security Services and Solutions: The Imported Services & Solutions dominated the cyber security market in Vietnam during 2018 owing to limited solutions offered by domestic companies present in Vietnam. It was witnessed that, the Vietnamese business enterprises and the home users prefer buying security solutions from the international companies and the domestic companies are highly preferred in the case of cyber security services.

By Type of Solutions (Firewall & UTM, Intrusion Detection System, Antivirus, Identity and Access Management, Encryption, Data Loss Prevention, Disaster Recovery and IoT Devices): The Firewall & Unified Threat management (UTM) captured the majority of the market share in terms of revenue during 2018. UTM is the most common security solutions and includes Firewall, Antivirus, Intrusion Detection system, Email Security, Web Content security and others. The remaining market share was captured by Intrusion detection system, Antivirus, Identity and access management and other solutions during 2018.

By End Users (Banking & Finance, Government, IT & Telecom, Retail, Healthcare, Energy & Power, Private User and Others): Vietnam cyber security market during 2018 was majorly dominated by the Banking and the Financial services end user segment due to the high requirement of the security services and solutions for this industry as they deal with highly confidential user data and the monetary transactions. The remaining market share was captured by government, IT, retail, healthcare, energy& power, private users and other end users during 2018.

By Type of Security (Network Security, Application Security, End-Point Security, Mobile & Wireless Security, Content Security and Cloud Security): The network security is demanded by both the business enterprises and the home users. It captured the majority market share in terms of revenue in the Vietnam cyber security market during the year 2018. Network security is the most demanded security in Vietnam as it protects the network and data and includes solutions such as Firewall, Antivirus and many more. The remaining market share was captured by application security, end-point security, mobile & wireless security, content security and cloud security during the year 2018 in Vietnam.

Vietnam Cyber Security Competition Overview
Vietnam cyber security market was observed to be moderately fragmented in nature with the presence of both international as well as domestic players in the services and solutions segment. Some of major companies such as Juniper Network, Cisco, Check Point software Technologies, Symantec Corporation were witnessed to lead in terms of market share, followed by Hewlett Packard Enterprise Development LP, Kaspersky, Fortinet, CMC Corporation and others. The cyber security solution providers in Vietnam compete on the basis of cost of the security solutions, technological advancements, product offerings, supply chain management, after-sales services and number of clientele.

Vietnam Cyber Security Future Outlook and Projections
Over the forecast period 2019-2023, the Vietnam cyber security market is predicted to grow in terms of revenue owing to potential rise in the cyber crimes in the country. Apart from the consistent growth in the corporate market, the Security services and Solutions sales in the Vietnam was observed to be driven by increase in the Sophisticated Cyber threats, Digital development of SMEs and few other factors. The trend is expected to stay the same in the near future and with introduction of new cyber security law by the Vietnamese government, investment in cyber security solutions and services is bound to increase.

Key Segments Covered:-
Cyber Security Market
By Imported & Domestic Security Solutions
Imported Services and Solutions
Domestic Services and Solutions

By Type of Solutions:-
Firewall and Unified Threat Management (UTM)
Intrusion Detection System (IDS/IPS)
Antivirus/Antimalware
Identity and Access Management (IAM)
Encryption
Data Loss Prevention (DLP)
Disaster Recovery
IoT Devices

By End User:-
Banking & Finance
Government
IT & Telecom
Retail
Healthcare
Energy & Power
Private Use
Others

By Type of Security:-
Network Security
Application Security
End- Point Security
Mobile & Wireless Security
Content Security
Cloud Security

Key Target Audience:-
Banks and Financial Institutions
Government Organizations
Retail Companies
Hospitals and Clinics
Airports
Cloud Computing Services Companies
IT- Companies
Home Users

Time Period Captured in the Report:-
Historical Period - 2013-2018
Forecast Period - 2019-2023E

Major Companies Covered:-
Juniper Network
Cisco
Check Point Software Technologies Ltd
Symantec Corporation
Hewlett Packard Enterprise Development LP
Kaspersky
Fortinet
CMC Corporation

Other Players:-
Vietnam Security Network (VSEC)
Vietnam Cyberspace Security technology (VNCS)
BAE Systems
CyRadar
IBM Corporation
Trend Micro
Oracle
Wanders
Sophos
Sentry Bay
AVG Technologies
Fire Eye

Key Topics Covered in the Report:-
Major Cyber Attacks in Vietnam
Snapshot of Cyber Security Market in ASEAN Countries
Trends and Growth Drivers in Vietnam Cyber Security Market
Vietnam Cyber Security Market
Introduction to Vietnam Cyber Security Market
Value Chain Analysis of Vietnam Cyber Security Market
Vietnam Cyber Security Market Size, 2013-2018
Vietnam Cyber Security Market Segmentation, 2013-2018
Competition Landscape in the Vietnam Cyber Security Market
Vietnam Cyber Security Market Future Outlook and Projections, 2018-2023E
Issues and Challenges in Vietnam Cyber Security Market
Decision Making Parameters in Hiring a Cyber Security Company in Vietnam
Pain Points faced by the end users after purchasing a security Solution in Vietnam
Technologies used in the Cyber Security Market
SWOT Analysis of Vietnam Cyber Security Market
Government Regulations in the Vietnam Cyber Security Market
Company Profiles of Major Players in Vietnam Cyber Security Market
Analyst Recommendations

For more information, refer to below link:-


Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249