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