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Vietnam Cybersecurity Market
BUSINESS GENERAL 

Evolving Cyber Threat Ecosystem and Increased Focus on Cybersecurity by SMEs will lead to growth in Information Security Ecosystem in Vietnam: Ken Research

April 8, 2021April 8, 2021 RichaSharma ASEAN Cybersecurity Vietnam, Banking Cybersecurity Market Vietnam, Bkav CyberSecurity Market Sales Vietnam, Check Point Security Solutions Vietnam Market Size, Cisco Cyber Security Market Sales Vietnam, CMC Corporation Security Solutions Market Sales Vietnam, Covid-19 Impact Vietnam Cybersecurity Industry, Covid-19 Impact Vietnam Cybersecurity Market, Cybersecurity Industry In Vietnam, Cybersecurity Market In Vietnam, Cybersecurity Technologies Vietnam, Domestic Players Vietnam Cybersecurity Market, E-Commerce Cybersecurity Market Vietnam, Evaluation Study Vietnam Cybersecurity Market, Evaluation Summary Report Vietnam Cybersecurity Market, Evaluative Survey Vietnam Cybersecurity Market, Fortinet CyberSecurity Market Shares Vietnam, FPT Information System CyberSecurity Market Size Vietnam, Government Cybersecurity Market Vietnam, Government Spending on ICT Sector in Vietnam, Healthcare Cybersecurity Market Vietnam, Industry Research Report Of Vietnam Cybersecurity, Information Security Market Vietnam, International Players Vietnam Cybersecurity Market, Juniper Network Cyber Security Market Revenue Vietnam, Kaspersky CyberSecurity Market Revenue Việt Nam, Kaspersky CyberSecurity Market Revenue Vietnam, Kinh doanh thị trường an ninh mạng của Cisco Việt Nam, Major Companies Cybersecurity Vietnam, Major Technologies In Vietnam CyberSecurity Market, Market Research Report Of Vietnam Cybersecurity, Number of Credit Card Transactions in Vietnam, Number Of End Users In Banking CyberSecurity Market, Number Of End Users In Energy And Power CyberSecurity Market, Number Of End Users In Government CyberSecurity Market, Number Of End Users In Healthcare CyberSecurity Market, Number Of End Users In IT And Telecom CyberSecurity Market, Number Of End Users In Retail CyberSecurity Market, Social Evaluation Research Vietnam Cybersecurity Market, Tăng trưởng thị trường Antivirus Việt Nam, Thị trường an ninh mạng chăm sóc sức khỏe Việt Nam, Thị trường an ninh mạng Việt Nam, Thị trường bảo mật di động Việt Nam, Trend Micro CyberSecurity Market Shares Vietnam, Vietnam Antivirus Market Growth, Vietnam Application Security Market, Vietnam Cloud Security Market, Vietnam Content Security Market, Vietnam Cyber Security Industry, Vietnam Cyber Security Market, Vietnam Cybersecurity Consulting Market, Vietnam Cybersecurity Due Diligence Report, Vietnam Cybersecurity Growth Strategy Market Report, Vietnam Cybersecurity Industry, Vietnam Cybersecurity Industry Research Report, Vietnam Cybersecurity Market, Vietnam Cybersecurity Market Analysis, Vietnam Cybersecurity Market Competition, Vietnam Cybersecurity Market Competition Benchmarking, Vietnam Cybersecurity Market Evaluation Report, Vietnam Cybersecurity Market Forecast, Vietnam Cybersecurity Market Future Outlook, Vietnam Cybersecurity Market Growth, Vietnam Cybersecurity Market Major Players, Vietnam Cybersecurity Market Research Report, Vietnam Cybersecurity Market Revenue, Vietnam Cybersecurity Market Revenue Forecasting, Vietnam Cybersecurity Market Shares, Vietnam Cybersecurity Market Size, Vietnam Cybersecurity Market Trends, Vietnam Cyberspace Security Technology Market Size, Vietnam Email Security Market, Vietnam Email Threats CyberSecurity Market, Vietnam Firewall Market Shares, Vietnam IPS/IPD Market Growth, Vietnam Managed Security Services Market, Vietnam Mobile Security Market, Vietnam Network Security Market, Vietnam Penetration Testing Market, Vietnam Professional Services Market, Vietnam Security Audit Market, Vietnam Security Network Solutions Market Analysis, Vietnam Security Training Market, Vietnam SIEM Market Analysis, Viettel CyberSecurity Market Sales Vietnam, Write An Evaluation Report On Vietnam Cybersecurity Market

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The COVID-19 situation aggravated the vulnerability of the country to cyber threats as a lot of employees accessed malicious links while operating in remote working situations.

Organizations and public enterprises have increased their investment in information security systems on the back of increased awareness towards the importance of data security. Companies are also expected to increase the appointment of IT professionals in dedicated cybersecurity roles.

Frequent cloud migration is also expected to improve the demand for services such as Cloud Security, as organizations look to secure their servers and databases.

Advanced Cybersecurity Solutions expected to gain prominence- With the threat of new and sophisticated cyber threats expected to go up in the future, advanced solutions such as Security Investigation and Event Management, Security Orchestration, Automation, and Response and Security Operations Center will be gaining more adoption in the future.

Vietnam’s Improving Position in Global Cyberspace: A strong local product infrastructure, regulatory infrastructure in place and a high demand from end users would be pushing Vietnam’s place in global cybersecurity rankings and improving the country’s position in global geo-politics as well. Currently ranking at 50 in ITU’s Global Cybersecurity Rankings 2018, Vietnam aims to enter the group of top 40 countries by 2025 and the top 30 countries by 2030. The Ministry of Information and Communications in the country issued the national digital transformation program to achieve the goal.

Consolidated Solutions expected to gain popularity: With a large segment of the end user enterprises and SMEs sourcing cybersecurity solutions from 10+ companies and receiving lot of threats alerts, the ecosystem would adapt towards including a consolidated product solution encompassing threat detection, analysis, response and mitigation. Hence, companies would focus upon developing consolidated solutions in the future.

Analysts at Ken Research in their latest publication “Vietnam Cybersecurity Market Outlook to 2025 By Solution Source (Foreign/Imported Solutions and Domestic Solutions), By End User (Banking and Finance, Government/Public Sector, Aerospace & Defense, IT & Telecom, Retail & E-Commerce, Healthcare and others), By Solution type (Standalone Products, Managed Security Services and Professional Services), By Standalone Product Type (Firewall, Antivirus, End Point Security, IPS/IPD, SIEM,  Security Gateways and Others), By Managed Security Services Type (SOC, Network Security, Application Security, Email Security, Cloud Security, Mobile Security, Content Security and Others), By Professional Services Type (Penetration Testing, Security Audit, Cybersecurity Consulting, Security Training and Others)” observed that Vietnam is destined to improve its position in the global cybersecurity infrastructure rankings, in the future. The government has put in place a strong institutional framework to regulate threats, manage information security operations and promote local collaboration in the field of information security. Technology enhancement will also impact the market growth positively in the future. Market revenues are expected to register a CAGR of 16.9% during the period of 2019 to 2025.

vietnam-cybersecurity-market

Key Segments Covered:-

By Solution Source (Foreign/Imported Solutions and Domestic Solutions).

By End User (Banking and Finance, Government/Public Sector, Aerospace & Defense, IT & Telecom, Retail & E-Commerce, Healthcare and others).

By Solution type (Standalone Products, Managed Security Services and Professional Services).

By Standalone Product Type (Firewall, Antivirus, End Point Security, IPS/IPD, SIEM, Security Gateways and Others).

By Managed Security Services Type (SOC, Network Security, Application Security, Email Security, Cloud Security, Mobile Security, Content Security and Others).

By Professional Services Type (Penetration Testing, Security Audit, Cybersecurity Consulting, Security Training and Others.

Companies Covered:-

Viettel Cyber Security

FPT Information System

CyStack

CMC Cybersecurity

Bkav

Fortinet

KasperSky

Juniper Networks

Cisco

Check Point

Trend Micro

Key Target Audience:-

Cybersecurity companies

Banks, Healthcare companies, Retail Companies, E-commerce Platforms, Government Departments

Government Associations

Industry Associations

Time Period Captured in the Report:-

Historical Period: 2014-2019

Forecast Period: 2020-2025

For More Information on the research report, refer to below link:

Vietnam Cybersecurity Market

Related Reports:-

Philippines Electronic Security Market Outlook to 2024-Emergence of Technology Integrated Electronic System and Growth in Infrastructure Projects

Europe Cyber Security Industry Outlook to 2023 – By Solutions (Firewall, Intrusion detection system, Antivirus, Identity and Access Management, Encryption, Data Loss Prevention, UTM, Disaster Recovery and Others (IoT Devices), By Industry Verticals (Banking & Finance, Government, IT & Telecom, Retail, Healthcare, Energy & Power, Private User and Others), By Security Deployed (Network Security, Application Security, End-Point Security, Mobile Security, Content Security and Cloud Security)

Middle East Cyber Security Market Outlook to 2022 – By Solutions (Firewall, Intrusion Detection System, Antivirus, Identity and Access Management, Encryption, Data Loss Prevention, Unidentified Threat Management, Disaster Recovery) and By Region

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

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