| Product Code: ETC4382371 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Narrowband IoT (NB-IoT) Enterprise Application market in Vietnam is experiencing growth as businesses leverage IoT technologies to enhance operational efficiency and gain valuable insights. With the increasing deployment of NB-IoT networks, enterprises are exploring a wide range of applications to connect and manage devices in diverse industries. This market encompasses a spectrum of NB-IoT enterprise applications catering to the unique requirements of businesses in Vietnam, facilitating the implementation of IoT solutions for various use cases.
The Vietnam Narrowband IoT (NB-IoT) Enterprise Application market is experiencing robust growth primarily due to the increasing demand for efficient and low-cost connectivity solutions for Internet of Things (IoT) devices. The main driver in this market is the need for more widespread and reliable communication networks to support a wide array of IoT applications. NB-IoT offers low power consumption, extended coverage, and cost-effectiveness, making it suitable for various sectors, including agriculture, healthcare, logistics, and smart city initiatives. Additionally, government initiatives to encourage digitalization and Industry 4.0 adoption further fuel the growth of this market. As more businesses and industries seek to leverage the capabilities of NB-IoT, the market is expected to continue expanding in the foreseeable future.
The Vietnam Narrowband IoT (NB-IoT) enterprise application market faces challenges related to infrastructure development. The rollout of NB-IoT networks and coverage can be slow, limiting the adoption of IoT applications. Data security and privacy are significant concerns, especially as IoT devices collect and transmit sensitive data. Interoperability with various IoT devices and platforms can be complex. Moreover, the education and training of enterprises in leveraging NB-IoT for their specific use cases can be a barrier to adoption. Finally, competition and differentiation in the crowded IoT application space are ongoing challenges.
The Narrowband IoT (NB-IoT) Enterprise Application Market in Vietnam has experienced both challenges and opportunities due to the COVID-19 pandemic. On one hand, the need for efficient and connected solutions in various industries has increased, driving the demand for NB-IoT applications. On the other hand, supply chain disruptions and economic uncertainties have influenced investment decisions, affecting the growth trajectory of the market. The pandemic has underscored the importance of resilient and adaptable IoT solutions in business operations.
In the emerging landscape of Narrowband IoT (NB-IoT) enterprise applications in Vietnam, key players such as Viettel and VNPT are driving advancements. These companies are instrumental in developing and deploying NB-IoT solutions that cater to the specific needs of enterprises. With a focus on efficiency, connectivity, and scalability, they play pivotal roles in shaping the trajectory of NB-IoT adoption across various industries.
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 Narrowband IoT (NB-IoT) Enterprise Application Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market - Industry Life Cycle |
3.4 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market - Porter's Five Forces |
3.5 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume Share, By Application Software, 2021 & 2031F |
3.6 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume Share, By Smart Application, 2021 & 2031F |
3.7 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume Share, By Technology Service, 2021 & 2031F |
3.8 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for IoT solutions in various industries |
4.2.2 Government initiatives to promote IoT adoption and digital transformation |
4.2.3 Growing awareness about the benefits of NB-IoT technology |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing NB-IoT solutions |
4.3.2 Concerns regarding data security and privacy |
4.3.3 Lack of skilled professionals in the IoT and NB-IoT space |
5 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Trends |
6 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market, By Types |
6.1 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market, By Application Software |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Application Software, 2021-2031F |
6.1.3 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Security solutions, 2021-2031F |
6.1.4 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Real Time Streaming Analytics, 2021-2031F |
6.1.5 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Soil monitoring solutions, 2021-2031F |
6.1.6 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Asset tracking solutions, 2021-2031F |
6.1.7 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Logistics tracking solutions, 2021-2031F |
6.1.8 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Smart Parking Management Solutions, 2021-2031F |
6.2 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market, By Smart Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Smart Governance , 2021-2031F |
6.2.3 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Smart Metering, 2021-2031F |
6.2.4 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Smart Buildings, 2021-2031F |
6.2.5 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Smart Asset Tracking, 2021-2031F |
6.2.6 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Others, 2021-2031F |
6.3 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market, By Technology Service |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Managed, 2021-2031F |
6.3.3 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Professional, 2021-2031F |
6.4 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Agriculture, 2021-2031F |
6.4.3 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Logistics and Transportation, 2021-2031F |
6.4.4 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.5 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.6 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.4.7 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenues & Volume, By Retail, 2021-2031F |
7 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Import-Export Trade Statistics |
7.1 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Export to Major Countries |
7.2 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Imports from Major Countries |
8 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Key Performance Indicators |
8.1 Percentage increase in the number of active NB-IoT connections in Vietnam |
8.2 Average time taken to deploy NB-IoT enterprise applications |
8.3 Rate of adoption of NB-IoT solutions by different industry verticals |
9 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market - Opportunity Assessment |
9.1 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Opportunity Assessment, By Application Software, 2021 & 2031F |
9.2 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Opportunity Assessment, By Smart Application, 2021 & 2031F |
9.3 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Opportunity Assessment, By Technology Service, 2021 & 2031F |
9.4 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market - Competitive Landscape |
10.1 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Narrowband IoT (NB-IoT) Enterprise Application Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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