The report titled “Vietnam
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:-
Related
Reports:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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