Vietnam ICT Market Share

Market Share of Vietnam ICT Industry

The Vietnamese ICT market is fragmented, with the presence of major players like Microsoft Corporation, Cisco Systems Inc., Viettel, Qualcomm Technologies, Inc., and Google LLC (alphabet Inc.). Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product and service offerings and gain sustainable competitive advantage.

• May 2023 - HGC Global Communications Limited (HGC), an ICT service provider and network operator, and Telehouse Vietnam, a premier ICT solutions provider, signed the Joint Marketing Agreement to provide EdgeX by HGC Global Communications Limited in the Vietnam market as part of the strategy to implement EdgeX by the company in Asia to support the emerging economies. By bringing the EdgeX infrastructure to Hanoi with Telehouse Vietnam, HGC expands its presence in Vietnam by extending its efficient services to the North.
• May 2022 - Viettel Group announced a partnership with Qualcomm Technologies Inc. to develop a next-generation 5G Radio Unit (RU) with massive MIMO capabilities and distributed units (DUs). The collaboration aims to introduce 5G network infrastructure and services in Vietnam and globally.

Vietnam ICT Market Leaders

1. Microsoft Corporation

2. Cisco Systems Inc.

3. Viettel

4. Qualcomm Technologies, Inc.

5. Google LLC (alphabet Inc.)

*Disclaimer: Major Players sorted in no particular order