Product Code: ETC4398391 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The intersection of Artificial Intelligence and the Internet of Things (IoT) is shaping the landscape of the Vietnam AI in IoT Market. Companies are integrating AI algorithms with IoT devices to collect, analyze, and derive actionable insights from vast amounts of data. This synergy is fueling innovation in sectors like smart cities, agriculture, and healthcare, showcasing the transformative potential of AI in the context of IoT in Vietnam.
The Vietnam AI in IoT market is gaining traction due to the increasing integration of AI technologies with the Internet of Things (IoT). This combination enables devices and sensors to collect and analyze data, making them more intelligent and responsive. This trend is driven by the need for better decision-making, enhanced automation, and improved customer experiences. Industries such as smart cities, agriculture, healthcare, and manufacturing are witnessing substantial growth in AI-driven IoT applications. Furthermore, the government`s support for digital transformation initiatives and the development of a robust IoT infrastructure is propelling the market forward.
The Vietnam AI in IoT Market confronts a series of challenges that hinder its growth and adoption. One of the primary concerns is the lack of a standardized framework for IoT devices and applications, which makes interoperability and integration of AI solutions more complex. This lack of standardization also raises issues related to security and data privacy in the IoT ecosystem. Additionally, there are issues with the infrastructure needed to support AI in IoT, including reliable connectivity, which can be inconsistent in certain regions of Vietnam. Data management and analytics are also challenges, as handling the massive volumes of data generated by IoT devices requires advanced AI algorithms and robust computing resources. Moreover, there is a shortage of skilled professionals in AI and IoT in Vietnam, making it difficult for businesses to find and retain talent for these emerging fields.
The AI in IoT market in Vietnam has witnessed a notable impact from the COVID-19 pandemic. With the increased adoption of remote working and the need for smart and connected solutions, the demand for AI in IoT has surged. Organizations are leveraging AI to enhance the capabilities of IoT devices, making them more intelligent and responsive. The pandemic has accelerated the digital transformation journey, leading to a greater integration of AI with IoT for improved efficiency and data-driven decision-making.
In the realm of AI in the Internet of Things (IoT) in Vietnam, key players contributing to advancements include Bkav Corporation, recognized for its comprehensive IoT security solutions. Viettel, a major telecom and IT company, is actively involved in integrating AI into IoT applications. Additionally, LogiGear, specializing in software testing and test automation, is a key player providing AI-driven solutions for optimizing IoT processes.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam AI in IoT Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam AI in IoT Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam AI in IoT Market - Industry Life Cycle |
3.4 Vietnam AI in IoT Market - Porter's Five Forces |
3.5 Vietnam AI in IoT Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Vietnam AI in IoT Market Revenues & Volume Share, By Vertical , 2021 & 2031F |
3.7 Vietnam AI in IoT Market Revenues & Volume Share, By Technology , 2021 & 2031F |
4 Vietnam AI in IoT Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automation and smart technologies in various industries |
4.2.2 Government initiatives and investments in AI and IoT technologies |
4.2.3 Growing adoption of AI and IoT solutions for improved efficiency and productivity |
4.3 Market Restraints |
4.3.1 Lack of skilled workforce in AI and IoT technologies |
4.3.2 Data privacy and security concerns hindering adoption |
4.3.3 High initial investment costs for implementing AI and IoT solutions |
5 Vietnam AI in IoT Market Trends |
6 Vietnam AI in IoT Market, By Types |
6.1 Vietnam AI in IoT Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Vietnam AI in IoT Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 Vietnam AI in IoT Market Revenues & Volume, By Platforms, 2021-2031F |
6.1.4 Vietnam AI in IoT Market Revenues & Volume, By Software Solutions, 2021-2031F |
6.1.5 Vietnam AI in IoT Market Revenues & Volume, By Services, 2021-2031F |
6.2 Vietnam AI in IoT Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 Vietnam AI in IoT Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2.3 Vietnam AI in IoT Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.2.4 Vietnam AI in IoT Market Revenues & Volume, By Transportation and Mobility, 2021-2031F |
6.2.5 Vietnam AI in IoT Market Revenues & Volume, By BFSI, 2021-2031F |
6.2.6 Vietnam AI in IoT Market Revenues & Volume, By Government and Defense, 2021-2031F |
6.2.7 Vietnam AI in IoT Market Revenues & Volume, By Retail, 2021-2031F |
6.2.8 Vietnam AI in IoT Market Revenues & Volume, By Telecom, 2021-2031F |
6.2.9 Vietnam AI in IoT Market Revenues & Volume, By Telecom, 2021-2031F |
6.3 Vietnam AI in IoT Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Vietnam AI in IoT Market Revenues & Volume, By ML and Deep Learning, 2021-2031F |
6.3.3 Vietnam AI in IoT Market Revenues & Volume, By NLP, 2021-2031F |
7 Vietnam AI in IoT Market Import-Export Trade Statistics |
7.1 Vietnam AI in IoT Market Export to Major Countries |
7.2 Vietnam AI in IoT Market Imports from Major Countries |
8 Vietnam AI in IoT Market Key Performance Indicators |
8.1 Percentage increase in the number of AI and IoT projects implemented in Vietnam |
8.2 Average time taken for companies to see ROI from AI and IoT investments |
8.3 Number of partnerships and collaborations between AI and IoT companies in Vietnam |
9 Vietnam AI in IoT Market - Opportunity Assessment |
9.1 Vietnam AI in IoT Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Vietnam AI in IoT Market Opportunity Assessment, By Vertical , 2021 & 2031F |
9.3 Vietnam AI in IoT Market Opportunity Assessment, By Technology , 2021 & 2031F |
10 Vietnam AI in IoT Market - Competitive Landscape |
10.1 Vietnam AI in IoT Market Revenue Share, By Companies, 2024 |
10.2 Vietnam AI in IoT Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |