Product Code: ETC4382551 | 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 Low Power Wide Area Network (LPWAN) market is poised for substantial growth, driven by the rising demand for long-range, low-power connectivity solutions. LPWAN technology is well-suited for applications such as smart cities, industrial IoT, and agriculture, where devices need to transmit small amounts of data over long distances while conserving energy. The market is witnessing heightened interest from industries looking to deploy cost-effective and energy-efficient IoT solutions, thus contributing to the expansion of the LPWAN market in Vietnam.
The Vietnam Low Power Wide Area Network (LPWAN) market is witnessing significant growth, primarily fueled by the demand for cost-effective and energy-efficient connectivity solutions for IoT devices. LPWAN technologies, such as LoRaWAN and Sigfox, offer long-range, low-power, and low-cost communication, making them ideal for various IoT applications, including smart agriculture, smart metering, and asset tracking. The government`s emphasis on smart city initiatives and digital transformation projects is further boosting the adoption of LPWAN in Vietnam. As businesses and municipalities seek to implement IoT solutions that require long-range, low-power connectivity, the LPWAN market is poised for continued expansion.
The Low Power Wide Area Network (LPWAN) market in Vietnam faces several challenges as it aims to establish itself. First and foremost, LPWAN technology requires substantial infrastructure development, and this can be a costly endeavor. Building a network that covers large geographical areas with low power consumption capabilities is no small feat. Additionally, LPWAN technologies are often used for IoT (Internet of Things) applications, and compatibility and interoperability among various IoT devices and LPWAN standards can be a significant challenge. Furthermore, ensuring network security and data privacy is crucial in the LPWAN ecosystem, and this requires continuous efforts and investments. Regulatory hurdles and spectrum allocation for LPWAN networks can also pose challenges, as government policies and regulations may not always align with the needs of the LPWAN market.
The Low Power Wide Area Network (LPWAN) Market in Vietnam has been impacted by the COVID-19 pandemic in various ways. The increased emphasis on IoT and connected devices has driven demand for LPWAN solutions. However, supply chain disruptions and economic uncertainties have affected investment decisions, leading to fluctuations in market growth. The pandemic has highlighted the need for robust and efficient low-power connectivity solutions in supporting IoT applications.
The Low Power Wide Area Network (LPWAN) market in Vietnam is witnessing significant developments, with key players like Viettel and Vinaphone leading the way. These companies are pivotal in deploying LPWAN solutions that cater to the growing demands of IoT applications. Their strategic initiatives and commitment to technological advancements position them as key players in shaping the LPWAN landscape 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 Low Power Wide Area Network Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Low Power Wide Area Network Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Low Power Wide Area Network Market - Industry Life Cycle |
3.4 Vietnam Low Power Wide Area Network Market - Porter's Five Forces |
3.5 Vietnam Low Power Wide Area Network Market Revenues & Volume Share, By Connectivity Technology, 2021 & 2031F |
3.6 Vietnam Low Power Wide Area Network Market Revenues & Volume Share, By Verticals, 2021 & 2031F |
3.7 Vietnam Low Power Wide Area Network Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Vietnam Low Power Wide Area Network Market Revenues & Volume Share, By Network Deployment, 2021 & 2031F |
3.9 Vietnam Low Power Wide Area Network Market Revenues & Volume Share, By Technology Service, 2021 & 2031F |
4 Vietnam Low Power Wide Area Network Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for IoT applications in various industries driving the adoption of low power wide area network technology. |
4.2.2 Government initiatives to promote smart city projects and digital transformation, boosting the growth of LPWAN market. |
4.2.3 Advancements in LPWAN technologies leading to improved coverage, battery life, and cost-effectiveness. |
4.3 Market Restraints |
4.3.1 Limited network coverage in rural areas hindering the expansion of LPWAN services. |
4.3.2 Concerns regarding data security and privacy issues impacting the trust and adoption of LPWAN technology. |
4.3.3 Competition from other connectivity technologies like 5G and NB-IoT posing a challenge to the growth of LPWAN market. |
5 Vietnam Low Power Wide Area Network Market Trends |
6 Vietnam Low Power Wide Area Network Market, By Types |
6.1 Vietnam Low Power Wide Area Network Market, By Connectivity Technology |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Connectivity Technology, 2021-2031F |
6.1.3 Vietnam Low Power Wide Area Network Market Revenues & Volume, By SIGFOX, 2021-2031F |
6.1.4 Vietnam Low Power Wide Area Network Market Revenues & Volume, By LoRaWAN, 2021-2031F |
6.1.5 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Weigthless , 2021-2031F |
6.1.6 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Low Power Wide Area Network Market, By Verticals |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Agriculture , 2021-2031F |
6.2.3 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Smart Logistic and Transportation, 2021-2031F |
6.2.4 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.5 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Industrial Manufacturing, 2021-2031F |
6.2.6 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.2.7 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.3 Vietnam Low Power Wide Area Network Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Smart Waste Management, 2021-2031F |
6.3.3 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Smart Buildings, 2021-2031F |
6.3.4 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Smart Gas and Water Metering, 2021-2031F |
6.3.5 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Smart Streetlights, 2021-2031F |
6.3.6 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Smart Parking, 2021-2031F |
6.3.7 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Livestock Monitoring, 2021-2031F |
6.4 Vietnam Low Power Wide Area Network Market, By Network Deployment |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Public Sector, 2021-2031F |
6.4.3 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Private Sector, 2021-2031F |
6.5 Vietnam Low Power Wide Area Network Market, By Technology Service |
6.5.1 Overview and Analysis |
6.5.2 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Managed Services, 2021-2031F |
6.5.3 Vietnam Low Power Wide Area Network Market Revenues & Volume, By Professional Services, 2021-2031F |
7 Vietnam Low Power Wide Area Network Market Import-Export Trade Statistics |
7.1 Vietnam Low Power Wide Area Network Market Export to Major Countries |
7.2 Vietnam Low Power Wide Area Network Market Imports from Major Countries |
8 Vietnam Low Power Wide Area Network Market Key Performance Indicators |
8.1 Average latency in LPWAN network. |
8.2 Device battery life in LPWAN applications. |
8.3 Average data transmission speed in LPWAN networks. |
9 Vietnam Low Power Wide Area Network Market - Opportunity Assessment |
9.1 Vietnam Low Power Wide Area Network Market Opportunity Assessment, By Connectivity Technology, 2021 & 2031F |
9.2 Vietnam Low Power Wide Area Network Market Opportunity Assessment, By Verticals, 2021 & 2031F |
9.3 Vietnam Low Power Wide Area Network Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Vietnam Low Power Wide Area Network Market Opportunity Assessment, By Network Deployment, 2021 & 2031F |
9.5 Vietnam Low Power Wide Area Network Market Opportunity Assessment, By Technology Service, 2021 & 2031F |
10 Vietnam Low Power Wide Area Network Market - Competitive Landscape |
10.1 Vietnam Low Power Wide Area Network Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Low Power Wide Area Network Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |