Vietnam IT Outsourcing Market (2026-2032) | Share, Competitive Landscape, Size & Revenue, Analysis, Trends, Forecast, Segmentation, Companies, Value, Industry, Growth

Market Forecast By Service Model (Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS)), By Organization Size (Small and Medium-sized Enterprises, Large Enterprises), By End User (BFSI, Healthcare, Media and Telecommunications, Retail and E-commerce, Manufacturing, Others) And Competitive Landscape

Product Code: ETC10076049 Publication Date: Sep 2024 Updated Date: Dec 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Dhaval Chaurasia No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Vietnam IT Outsourcing Market Growth Rate

According to 6Wresearch internal database and industry insights, the Vietnam IT Outsourcing Market is projected to grow at a compound annual growth rate (CAGR) of 9.3% during the forecast period 2026–2032.

Five-Year Growth Trajectory of the Vietnam IT Outsourcing Market with Core Drivers

Below mentioned are the evaluation of year-wise growth rate along with key drivers:

Year Est. Annual Growth (%) Growth Drivers
2021 7.5 High demand for affordable IT outsourcing services and the increase in digital transformation across businesses.
2022 8 Increased demand for cloud services and remote IT support during the pandemic-driven shift to digital platforms.
2023 8.3 Government support for digital transformation programs and outsourcing use across SMEs.
2024 8.5 Growth in e-commerce and fintech industries is increasing the demand for specialized IT solutions.
2025 8.7 Rise in demand of AI and automation solutions, along with the use of cybersecurity services, increasing demand of outsourcing

Topics Covered in the Vietnam IT Outsourcing Market Report

The Vietnam IT Outsourcing Market report thoroughly covers the market by service model, organization size, and end-user. It provides an unbiased and detailed analysis of ongoing market trends, opportunities, challenges, and market drivers, helping stakeholders align their strategies with current and future market dynamics.

Vietnam IT Outsourcing Market Highlights

Report Name Vietnam IT Outsourcing Market
Forecast period 2026-2032
CAGR 9.3%
Growing Sector Cloud Computing and Cybersecurity

Vietnam IT Outsourcing Market Synopsis

Vietnam IT Outsourcing Market is expected to grow rapidly due to the increasing demand for IT services across various sectors, including banking, e-commerce, manufacturing, and healthcare. The market is driven by the change toward digital transformation, with companies using affordable outsourcing services for software development, cybersecurity, cloud computing, and IT support. The growing numbers of talented and skilled professional in Vietnam, alongside its price advantage, makes the country a better outsourcing destination. The government’s high focus on developing the IT infrastructure and promoting the digital economy is pushing the Vietnam IT Outsourcing Market Growth. 

Evaluation of Growth Drivers in the Vietnam IT Outsourcing Market

Below mentioned are some prominent drivers and their influence on the Vietnam IT Outsourcing Market dynamics:

Drivers Primary Segment Affected Why It Matters (Evidence)
Digital Transformation Adoption All Segments Businesses in different sectors are increasingly using IT outsourcing to increase operational efficiency and customer engagement.
Government Support All Segments The Vietnamese government is creating digital transformation through tax incentives and subsidies for businesses that are investing in IT.
E-commerce Growth E-commerce and Retail With the growth of online shopping, there is a major demand for IT outsourcing in areas like website development, maintenance, and cybersecurity.
AI and Big Data Analytics All Segments The addition of AI and big data is creating demand for better outsourcing services to optimize operations and decision-making.
Cybersecurity Threats Cybersecurity Solutions High cyber threats across industries are increasing demand for outsourcing cybersecurity services to protect sensitive data.

Vietnam IT Outsourcing Market Size is projected to grow at a compound annual growth rate (CAGR) of 9.3% from 2026 to 2032. The market is being driven by a growing demand for IT outsourcing services, such as cloud computing, software development, and IT support. Major investments by government in digital infrastructure, along with the increase of AI-driven solutions, are contributing to this market growth. The demand for better cybersecurity services is also on the increase as it is driven by increasing concerns of data privacy and security. The rapid growth of the e-commerce and fintech sectors is fuelling the need for specialized IT outsourcing solutions. As businesses now want to improve efficiency in operations, there is increased use of AI, automation, and big data analytics.

Evaluation of Restraints in the Vietnam IT Outsourcing Market

Below mentioned are some major restraints and their influence on the Vietnam IT Outsourcing Market dynamics:

Restraints Primary Segment Affected What This Means (Evidence)
High Competition IT Outsourcing Providers High competition between different IT firms can lead to less profit and pricing pressure.
Data Privacy Concerns IT Outsourcing Solutions The growing concern over data protection and security issues can discourage businesses from fully using outsourcing IT services.
Talent Shortage All Segments Less number of skilled professionals, especially in advanced IT sectors like AI, cybersecurity, and data science can also reduce growth in market.
Regulatory Compliance IT Outsourcing Providers Strict government rules on data privacy and outsourcing can increase prices of many operations and delays in delivery of services.
Cultural and Language Barriers IT Outsourcing Providers Differences in cultural or language can create communication challenges and also reduce the quality of services.

Vietnam IT Outsourcing Market Challenges

Vietnam IT Outsourcing Market faces many challenges, including high competition among major service providers in the market, complex regulatory laws on data protection, and a shortage of skilled IT talent in advanced technologies. Companies in the outsourcing industry need to focus more on innovation, talent development, and following laws to stay ahead in the competition. There is a high need for better cybersecurity measures to protect client data and build trust. The changing technological landscape demands major investment in new solutions, which can reduce resources for smaller firms. Cultural and language barriers between clients and service providers can sometimes lead to communication challenges, changing quality of services.

Vietnam IT Outsourcing Market Trends

Several notable trends are shaping the Vietnam IT Outsourcing Market dynamics:

  • Cloud Adoption: Businesses in Vietnam are increasingly moving towards cloud computing for scalable and affordable IT solutions. Cloud services such as Software as a Service (SaaS) and Infrastructure as a Service (IaaS) are gaining popularity.
  • Cybersecurity Demand: As cyber threats rise globally, there is a high demand for outsourcing cybersecurity services to protect businesses from potential data breaches and cyberattacks.
  • Government Support for Digital Transformation: The Vietnamese government has started several programs, such as the Vietnam Digital Transformation Program (2025), to promote the use of digital technologies and IT outsourcing solutions.
  • AI and Big Data Integration: AI, machine learning, and big data analytics are changing industries like retail, healthcare, and BFSI. The use of these technologies is pushing the demand for specialized outsourcing services.
  • E-commerce Growth: The rapid expansion of e-commerce in Vietnam is fuelling demand for IT outsourcing services like website development, data management, and customer service support.

Investment Opportunities in the Vietnam IT Outsourcing Industry

Some notable investment opportunities in the Vietnam IT Outsourcing Industry include:

  • Cloud Computing: With the increase in remote work and digitalization, investing in cloud-based solutions and infrastructure will also continue to increase as businesses want more scalable IT solutions.
  • Cybersecurity: Increasing cyber threats, investing in cybersecurity solutions such as AI-driven security systems and real-time threat detection platforms will be a great opportunity.
  • AI and Automation: Investing in AI startups and machine learning platforms can help businesses streamline operations, automate workflows, and better decision-making processes.
  • E-commerce and Fintech Solutions: As the e-commerce and fintech sectors continue to grow, there will be high demand for IT outsourcing in areas such as app development, payment gateways, and backend systems.
  • 5G Networks and IoT Solutions: As 5G technology rolls out and the Internet of Things (IoT) continues to expand, there will be many opportunities for IT outsourcing in areas such as IoT device management.

Top 5 Leading Players in the Vietnam IT Outsourcing Market

Below is the list of prominent companies leading the Vietnam IT Outsourcing Market:

1. FPT Software

Company Name FPT Software
Established Year 1999
Headquarters Hanoi, Vietnam
Official Website Click Here

FPT Software is one of the largest IT outsourcing companies in Vietnam, offering services such as software development, cloud solutions, and IT consulting. It has established a strong presence in markets across the globe, particularly in the U.S. and Japan, providing digital transformation and IT outsourcing solutions.

2. TMA Solutions

Company Name TMA Solutions
Established Year 1997
Headquarters Ho Chi Minh City, Vietnam
Official Website Click Here

TMA Solutions is a major player in the Vietnam IT outsourcing industry, specializing in software development, mobile application development, and cloud-based solutions. TMA has been instrumental in driving innovation and delivering IT services to clients globally.

3. CEN Group

Company Name CEN Group
Established Year 2006
Headquarters Hanoi, Vietnam
Official Website Click Here

CEN Group offers a wide range of IT outsourcing services including software development, cloud computing, and IT consulting. They cater to multiple industries such as retail, healthcare, and education, offering tailored IT solutions that drive digital transformation.

4. Viettel Group

Company Name Viettel Group
Established Year 2004
Headquarters Hanoi, Vietnam
Official Website -

Viettel is one of the largest telecommunications and IT services providers in Vietnam. It also offers IT outsourcing services, including cloud solutions, IT consulting, and enterprise software services, focusing on helping businesses modernize their IT infrastructure.

5. Toby Solutions

Company Name Toby Solutions
Established Year 2012
Headquarters Ho Chi Minh City, Vietnam
Official Website Click Here

Toby Solutions is an emerging leader in the IT outsourcing space, providing software development, IT support services, and AI-driven solutions to clients in sectors like fintech, e-commerce, and manufacturing.

Government Regulations Introduced in the Vietnam IT Outsourcing Market

According to Vietnam’s government data, they have introduced many programs to support the growth of the IT outsourcing industry. One of the important programs is the Vietnam Digital Transformation Program (2025) this aims to increase the use of new digital technologies in many sectors, creating a better environment for IT outsourcing services. The government provides tax incentives for IT companies that invest more in IT innovation, software development, and digital services, helping to increase the expansion of the IT outsourcing market. The Digital Economy Development Strategy has been started to strengthen the country’s digital infrastructure, offering subsidies and financial support to IT companies, particularly those focused on AI, cybersecurity, and cloud computing, thus increasing further demand in the sector.

Future Insights of the Vietnam IT Outsourcing Market

Vietnam IT Outsourcing Market is set for major growth in the upcoming years as it is driven by a high demand for cloud computing, software development, and AI-driven solutions. With major government support for digital transformation and the continuously increasing talent pool in IT, Vietnam will create its position as one of the leading outsourcing destinations in Asia. The market's future will be changed by the increasing demand of cybersecurity services, the expansion of e-commerce, and the addition of AI and big data analytics in major industries.

Market Segmentation Analysis

The report offers a comprehensive study of the following market segments and their leading categories:

By Service Model – Software as a Service (SaaS) to dominate the market

According to Lakshita, Senior Research Analyst, 6Wresearch, Software as a Service (SaaS) is expected to dominate the Vietnam IT Outsourcing Market Share due to the growing need for cloud-based solutions across various sectors. SaaS platforms offer businesses the flexibility to scale their operations while reducing infrastructure costs, making them highly attractive for both large enterprises and SMEs.

By Organization Size – Large Enterprises to dominate the market

Large enterprises are anticipated to dominate the market due to their ability to invest in advanced IT infrastructure and outsourcing strategies. These companies benefit from economies of scale and increasingly adopt IT outsourcing solutions in areas like software development, cybersecurity, and cloud computing.

By End-user – BFSI to dominate the market

BFSI sector is expected to dominate the Vietnam IT Outsourcing market due to its reliance on technology for secure transactions, data management, and customer service. Financial institutions are increasingly outsourcing IT services to enhance operational efficiency and mitigate risks associated with cybersecurity threats.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2022 to 2025.
  • Base Year: 2025.
  • Forecast Data until 2032.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Vietnam IT Outsourcing Market Outlook
  • Market Size of Vietnam IT Outsourcing Market, 2025
  • Forecast of Vietnam IT Outsourcing Market, 2032
  • Historical Data and Forecast of Vietnam IT Outsourcing Revenues & Volume for the Period 2022- 2032
  • Vietnam IT Outsourcing Market Trend Evolution
  • Vietnam IT Outsourcing Market Drivers and Challenges
  • Vietnam IT Outsourcing Price Trends
  • Vietnam IT Outsourcing Porter's Five Forces
  • Vietnam IT Outsourcing Industry Life Cycle
  • Historical Data and Forecast of Vietnam IT Outsourcing Market Revenues & Volume By Service Model for the Period 2022- 2032
  • Historical Data and Forecast of Vietnam IT Outsourcing Market Revenues & Volume By Software as a Service (SaaS) for the Period 2022- 2032
  • Historical Data and Forecast of Vietnam IT Outsourcing Market Revenues & Volume By Platform as a Service (PaaS) for the Period 2022- 2032
  • Historical Data and Forecast of Vietnam IT Outsourcing Market Revenues & Volume By Infrastructure as a Service (IaaS) for the Period 2022- 2032
  • Historical Data and Forecast of Vietnam IT Outsourcing Market Revenues & Volume By Organization Size for the Period 2022- 2032
  • Historical Data and Forecast of Vietnam IT Outsourcing Market Revenues & Volume By Small and Medium-sized Enterprises for the Period 2022- 2032
  • Historical Data and Forecast of Vietnam IT Outsourcing Market Revenues & Volume By Large Enterprises for the Period 2022- 2032
  • Historical Data and Forecast of Vietnam IT Outsourcing Market Revenues & Volume By End User for the Period 2022- 2032
  • Historical Data and Forecast of Vietnam IT Outsourcing Market Revenues & Volume By BFSI for the Period 2022- 2032
  • Historical Data and Forecast of Vietnam IT Outsourcing Market Revenues & Volume By Healthcare for the Period 2022- 2032
  • Historical Data and Forecast of Vietnam IT Outsourcing Market Revenues & Volume By Media and Telecommunications for the Period 2022- 2032
  • Historical Data and Forecast of Vietnam IT Outsourcing Market Revenues & Volume By Retail and E-commerce for the Period 2022- 2032
  • Historical Data and Forecast of Vietnam IT Outsourcing Market Revenues & Volume By Manufacturing for the Period 2022- 2032
  • Historical Data and Forecast of Vietnam IT Outsourcing Market Revenues & Volume By Others for the Period 2022- 2032
  • Vietnam IT Outsourcing Import Export Trade Statistics
  • Market Opportunity Assessment By Service Model
  • Market Opportunity Assessment By Organization Size
  • Market Opportunity Assessment By End User
  • Vietnam IT Outsourcing Top Companies Market Share
  • Vietnam IT Outsourcing Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam IT Outsourcing Company Profiles
  • Vietnam IT Outsourcing Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the following Vietnam IT Outsourcing Market segments:

By Service Model

  • Software as a Service (SaaS)
  • Platform as a Service (PaaS)
  • Infrastructure as a Service (IaaS)

By Organization Size

  • Small and Medium-sized Enterprises
  • Large Enterprises

By End User

  • BFSI
  • Healthcare
  • Media and Telecommunications
  • Retail and E-commerce
  • Manufacturing
  • Others

Vietnam IT Outsourcing Market (2026-2032): FAQs

The Vietnam IT Outsourcing Market is expected to grow at a compound annual growth rate of 9.3% during the forecast period from 2026 to 2032.
The Vietnamese government is supporting IT market growth through initiatives like the Vietnam Digital Transformation Program (2025) and offering tax incentives for businesses using IT services.
Key trends include the increasing adoption of cloud computing (SaaS, IaaS), the rise of AI and automation, growing demand for cybersecurity services, and government support for digital transformation.
Vietnam’s regulatory environment encourages innovation but also creates challenges, especially regarding data privacy compliance and the implementation of digital transformation programs.
The market is poised for growth due to government investments in digital infrastructure, the increasing adoption of cloud and AI solutions.
6Wresearch actively monitors the Vietnam IT Outsourcing Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Vietnam IT Outsourcing Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 IT Outsourcing Market Overview
3.1 Vietnam Country Macro Economic Indicators
3.2 Vietnam IT Outsourcing Market Revenues & Volume, 2022 & 2032F
3.3 Vietnam IT Outsourcing Market - Industry Life Cycle
3.4 Vietnam IT Outsourcing Market - Porter's Five Forces
3.5 Vietnam IT Outsourcing Market Revenues & Volume Share, By Service Model, 2022 & 2032F
3.6 Vietnam IT Outsourcing Market Revenues & Volume Share, By Organization Size, 2022 & 2032F
3.7 Vietnam IT Outsourcing Market Revenues & Volume Share, By End User, 2022 & 2032F
4 Vietnam IT Outsourcing Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.2.1 Increasing demand for cost-effective IT solutions from global companies.
4.2.2 Skilled IT workforce in Vietnam with competitive labor costs.
4.2.3 Government support and initiatives to promote IT outsourcing industry in Vietnam.
4.3 Market Restraints
4.3.1 Data security concerns and risks associated with outsourcing IT services.
4.3.2 Language and cultural barriers impacting effective communication with clients.
4.3.3 Competition from other outsourcing destinations in the region.
5 Vietnam IT Outsourcing Market Trends
6 Vietnam IT Outsourcing Market, By Types
6.1 Vietnam IT Outsourcing Market, By Service Model
6.1.1 Overview and Analysis
6.1.2 Vietnam IT Outsourcing Market Revenues & Volume, By Service Model, 2022- 2032F
6.1.3 Vietnam IT Outsourcing Market Revenues & Volume, By Software as a Service (SaaS), 2022- 2032F
6.1.4 Vietnam IT Outsourcing Market Revenues & Volume, By Platform as a Service (PaaS), 2022- 2032F
6.1.5 Vietnam IT Outsourcing Market Revenues & Volume, By Infrastructure as a Service (IaaS), 2022- 2032F
6.2 Vietnam IT Outsourcing Market, By Organization Size
6.2.1 Overview and Analysis
6.2.2 Vietnam IT Outsourcing Market Revenues & Volume, By Small and Medium-sized Enterprises, 2022- 2032F
6.2.3 Vietnam IT Outsourcing Market Revenues & Volume, By Large Enterprises, 2022- 2032F
6.3 Vietnam IT Outsourcing Market, By End User
6.3.1 Overview and Analysis
6.3.2 Vietnam IT Outsourcing Market Revenues & Volume, By BFSI, 2022- 2032F
6.3.3 Vietnam IT Outsourcing Market Revenues & Volume, By Healthcare, 2022- 2032F
6.3.4 Vietnam IT Outsourcing Market Revenues & Volume, By Media and Telecommunications, 2022- 2032F
6.3.5 Vietnam IT Outsourcing Market Revenues & Volume, By Retail and E-commerce, 2022- 2032F
6.3.6 Vietnam IT Outsourcing Market Revenues & Volume, By Manufacturing, 2022- 2032F
6.3.7 Vietnam IT Outsourcing Market Revenues & Volume, By Others, 2022- 2032F
7 Vietnam IT Outsourcing Market Import-Export Trade Statistics
7.1 Vietnam IT Outsourcing Market Export to Major Countries
7.2 Vietnam IT Outsourcing Market Imports from Major Countries
8 Vietnam IT Outsourcing Market Key Performance Indicators
8.1 Number of new IT outsourcing contracts signed.
8.2 Percentage increase in revenue from IT outsourcing services.
8.3 Rate of growth in the number of IT professionals in the industry.
8.4 Client satisfaction scores on quality of services provided.
8.5 Percentage of repeat business from existing clients.
9 Vietnam IT Outsourcing Market - Opportunity Assessment
9.1 Vietnam IT Outsourcing Market Opportunity Assessment, By Service Model, 2022 & 2032F
9.2 Vietnam IT Outsourcing Market Opportunity Assessment, By Organization Size, 2022 & 2032F
9.3 Vietnam IT Outsourcing Market Opportunity Assessment, By End User, 2022 & 2032F
10 Vietnam IT Outsourcing Market - Competitive Landscape
10.1 Vietnam IT Outsourcing Market Revenue Share, By Companies, 20222032
10.2 Vietnam IT Outsourcing Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All