Product Code: ETC4463131 | 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 Vietnam eSIM Market is at the forefront of the digital revolution in telecommunications, offering a new paradigm for device connectivity. Embedded Subscriber Identity Modules (eSIMs) eliminate the need for physical SIM cards, enabling remote provisioning and management of mobile subscriptions. In Vietnam, as the number of connected devices and IoT applications grows, the eSIM Market is gaining prominence. Telecom operators, device manufacturers, and enterprises are adopting eSIM technology to enhance flexibility, scalability, and security in managing connected devices. The eSIM Market in Vietnam is poised for continued growth, driven by the increasing adoption of IoT solutions, the proliferation of connected devices, and the ongoing transition to a more connected and digitized society.
The Vietnam eSIM market is witnessing robust growth due to several key drivers. Firstly, the increasing adoption of eSIMs by mobile operators and device manufacturers is significantly contributing to market expansion. eSIM technology offers more flexibility to consumers by allowing them to switch between carriers and plans without the need for a physical SIM card, enhancing user experience. Secondly, the growth of IoT devices and applications is driving the demand for eSIMs, as they are well-suited for connecting and managing numerous IoT devices efficiently. Moreover, government regulations and policies supporting eSIM technology`s adoption, along with an increasing focus on digital transformation, further bolster the market`s prospects in Vietnam.
The Vietnam eSIM market is poised for growth, but certain challenges must be addressed for widespread adoption. One key challenge is the need for a robust and standardized regulatory framework to govern eSIM technology. The absence of clear regulations can impede market growth, creating uncertainty for both consumers and industry players. Interoperability issues between different devices and network operators also present challenges. Seamless connectivity across various devices and networks is crucial for the success of eSIM technology. Additionally, concerns related to data security and privacy require careful consideration, necessitating the establishment of stringent security standards. To unlock the full potential of the eSIM market in Vietnam, stakeholders must work collaboratively to establish a supportive regulatory environment and address interoperability and security concerns.
The Vietnam eSIM market experienced both challenges and opportunities during the Covid-19 pandemic. The restrictions on travel and social interactions limited the immediate demand for eSIMs in mobile devices. However, the increased focus on contactless solutions and the rise of remote connectivity stimulated interest in eSIM technology. As the country emerges from the pandemic, the eSIM market is likely to witness growth, fueled by the ongoing digitalization initiatives, adoption of IoT devices, and the convenience offered by embedded SIM technology.
As the eSIM market gains prominence in Vietnam, key players are spearheading the adoption of this transformative technology. Gemalto, a Thales company, has been at the forefront, providing secure and innovative eSIM solutions to telecom operators and device manufacturers in Vietnam. IDEMIA, another major player, has actively contributed to the growth of the eSIM market with its advanced digital security solutions. Viettel Group, as a key domestic player, has also played a pivotal role in the integration of eSIM technology into Vietnam`s mobile ecosystem.
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 eSIM Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam eSIM Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam eSIM Market - Industry Life Cycle |
3.4 Vietnam eSIM Market - Porter's Five Forces |
3.5 Vietnam eSIM Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Vietnam eSIM Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Vietnam eSIM Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of IoT devices in Vietnam |
4.2.2 Growing demand for seamless connectivity and mobility solutions |
4.2.3 Government initiatives promoting digitalization and technology adoption |
4.3 Market Restraints |
4.3.1 Lack of awareness about eSIM technology among consumers |
4.3.2 Limited availability of eSIM-compatible devices in the market |
4.3.3 Concerns regarding data security and privacy issues |
5 Vietnam eSIM Market Trends |
6 Vietnam eSIM Market, By Types |
6.1 Vietnam eSIM Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Vietnam eSIM Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Vietnam eSIM Market Revenues & Volume, By Connected Cars, 2021-2031F |
6.1.4 Vietnam eSIM Market Revenues & Volume, By Laptops, 2021-2031F |
6.1.5 Vietnam eSIM Market Revenues & Volume, By M2M, 2021-2031F |
6.1.6 Vietnam eSIM Market Revenues & Volume, By Smartphones, 2021-2031F |
6.1.7 Vietnam eSIM Market Revenues & Volume, By Tablets, 2021-2031F |
6.1.8 Vietnam eSIM Market Revenues & Volume, By Wearables, 2021-2031F |
6.2 Vietnam eSIM Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 Vietnam eSIM Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Vietnam eSIM Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.2.4 Vietnam eSIM Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.2.5 Vietnam eSIM Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2.6 Vietnam eSIM Market Revenues & Volume, By Retail, 2021-2031F |
6.2.7 Vietnam eSIM Market Revenues & Volume, By Transportation & Logistics, 2021-2031F |
7 Vietnam eSIM Market Import-Export Trade Statistics |
7.1 Vietnam eSIM Market Export to Major Countries |
7.2 Vietnam eSIM Market Imports from Major Countries |
8 Vietnam eSIM Market Key Performance Indicators |
8.1 Percentage increase in the number of eSIM-enabled devices in Vietnam |
8.2 Growth in the number of mobile network operators offering eSIM services |
8.3 Adoption rate of eSIM technology by businesses for IoT applications |
9 Vietnam eSIM Market - Opportunity Assessment |
9.1 Vietnam eSIM Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Vietnam eSIM Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Vietnam eSIM Market - Competitive Landscape |
10.1 Vietnam eSIM Market Revenue Share, By Companies, 2024 |
10.2 Vietnam eSIM Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |