Product Code: ETC4411951 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Connected Agriculture Market in Vietnam is revolutionizing the agricultural landscape by integrating digital technologies to optimize farming practices. Connected agriculture involves the use of sensors, drones, and other IoT devices to collect data on crop conditions, weather patterns, and soil health. As the agriculture sector in Vietnam seeks to enhance productivity, reduce environmental impact, and improve overall efficiency, the Connected Agriculture Market is gaining traction. Farmers and agribusinesses are adopting smart farming solutions that provide real-time insights and actionable information. With a focus on sustainable and precision agriculture, the Connected Agriculture Market in Vietnam is poised for significant growth, contributing to the modernization of the country`s agricultural sector.
The Vietnam Connected Agriculture Market is experiencing substantial growth, driven by several key factors. First and foremost, the adoption of advanced technologies, such as IoT (Internet of Things), sensors, and data analytics, has revolutionized the agricultural sector. Farmers and agribusinesses are increasingly integrating smart devices to monitor and manage their farms, leading to improved crop yields and resource efficiency. Furthermore, government initiatives and support for digital agriculture are playing a pivotal role. Vietnam`s government has been actively promoting technology-driven solutions in agriculture to enhance productivity and sustainability. The growing need to address food security challenges and the increasing demand for quality agricultural products are further propelling the market`s growth. Additionally, the young and tech-savvy farming population in Vietnam is readily embracing digital solutions, making it easier for the adoption of connected agriculture technologies.
The Connected Agriculture market in Vietnam faces multiple challenges. One of the most significant hurdles is the digital divide, with many rural areas lacking access to reliable internet connectivity and technology infrastructure. This limits the widespread adoption of connected agriculture solutions in these regions. Furthermore, farmers may lack the necessary digital literacy to effectively use these technologies. Data privacy and security concerns are also prominent, as agricultural data is sensitive and valuable. Additionally, adapting and integrating modern technology into traditional farming practices can be a complex process, requiring a change in mindset and a willingness to invest in new tools and methods.
The Vietnam Connected Agriculture market has experienced significant changes due to the COVID-19 pandemic, driving the adoption of digital technologies in the agricultural sector. With disruptions in supply chains and labor availability, the importance of connected agriculture solutions became evident. These solutions leverage IoT, data analytics, and automation to enhance crop monitoring, resource management, and overall farm efficiency. The pandemic accelerated the digital transformation of agriculture in Vietnam, with a focus on smart farming practices. As the agriculture sector continues to modernize, the Connected Agriculture market is expected to witness sustained growth, supporting farmers in improving productivity and ensuring food security.
In the burgeoning Connected Agriculture market in Vietnam, several key players have emerged as catalysts for agricultural technology adoption. Companies such as VinSmart, VNPT Technology, and CMC Corporation have actively contributed to the digitization of agriculture. VinSmart, with its smart agriculture solutions, has introduced connectivity and data-driven insights to enhance farming practices. VNPT Technology, a subsidiary of Vietnam Posts and Telecommunications Group, has played a significant role in providing connected solutions to optimize agricultural operations. CMC Corporation, with its focus on digital transformation, has also been instrumental in advancing the connected agriculture sector in Vietnam.
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 Connected Agriculture Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Connected Agriculture Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Connected Agriculture Market - Industry Life Cycle |
3.4 Vietnam Connected Agriculture Market - Porter's Five Forces |
3.5 Vietnam Connected Agriculture Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Vietnam Connected Agriculture Market Revenues & Volume Share, By Platforms, 2021 & 2031F |
3.7 Vietnam Connected Agriculture Market Revenues & Volume Share, By Application , 2021 & 2031F |
4 Vietnam Connected Agriculture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Connected Agriculture Market Trends |
6 Vietnam Connected Agriculture Market, By Types |
6.1 Vietnam Connected Agriculture Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Connected Agriculture Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 Vietnam Connected Agriculture Market Revenues & Volume, By Solution, 2021-2031F |
6.1.4 Vietnam Connected Agriculture Market Revenues & Volume, By Platforms, 2021-2031F |
6.1.5 Vietnam Connected Agriculture Market Revenues & Volume, By Services, 2021-2031F |
6.2 Vietnam Connected Agriculture Market, By Platforms |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Connected Agriculture Market Revenues & Volume, By Device Management, 2021-2031F |
6.2.3 Vietnam Connected Agriculture Market Revenues & Volume, By Application Enablement, 2021-2031F |
6.2.4 Vietnam Connected Agriculture Market Revenues & Volume, By Connectivity Management, 2021-2031F |
6.3 Vietnam Connected Agriculture Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Connected Agriculture Market Revenues & Volume, By Pre-Production Planning and Management, 2021-2031F |
6.3.3 Vietnam Connected Agriculture Market Revenues & Volume, By In-Production Planning and Management, 2021-2031F |
6.3.4 Vietnam Connected Agriculture Market Revenues & Volume, By Post-Production Planning and Management, 2021-2031F |
7 Vietnam Connected Agriculture Market Import-Export Trade Statistics |
7.1 Vietnam Connected Agriculture Market Export to Major Countries |
7.2 Vietnam Connected Agriculture Market Imports from Major Countries |
8 Vietnam Connected Agriculture Market Key Performance Indicators |
9 Vietnam Connected Agriculture Market - Opportunity Assessment |
9.1 Vietnam Connected Agriculture Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Vietnam Connected Agriculture Market Opportunity Assessment, By Platforms, 2021 & 2031F |
9.3 Vietnam Connected Agriculture Market Opportunity Assessment, By Application , 2021 & 2031F |
10 Vietnam Connected Agriculture Market - Competitive Landscape |
10.1 Vietnam Connected Agriculture Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Connected Agriculture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |