| Product Code: ETC4388791 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
As concerns about physical security and access control rise in Vietnam, the Physical Identity and Access Management (PIAM) market play a crucial role in safeguarding organizations and critical infrastructure. The market is experiencing growth as businesses seek comprehensive solutions for managing and securing physical access to facilities. PIAM systems are becoming integral to ensuring only authorized individuals have access to designated areas, thereby mitigating the risks associated with unauthorized entry. The integration of biometric authentication and advanced identity verification technologies is further shaping the landscape of the PIAM market in Vietnam.
The Vietnam Physical Identity and Access Management (PIAM) market are witnessing growth due to the increasing importance of controlling physical access to facilities and resources. Organizations are focusing on enhancing security by implementing advanced access management solutions. Factors such as the need to protect critical infrastructure, prevent unauthorized access, and comply with security regulations are driving the adoption of PIAM systems. Additionally, the integration of PIAM with other security and surveillance technologies, like biometrics and video analytics, further contributes to market expansion.
The Vietnam Physical Identity and Access Management (PIAM) Market confronts several obstacles. One key challenge is ensuring seamless integration with existing physical security systems and IT infrastructure. Many organizations struggle with PIAM deployments that are overly complex or disrupt daily operations. Moreover, data privacy and regulatory compliance issues are critical concerns, particularly in sectors like healthcare and finance, where the protection of personal information is paramount. Balancing security with user convenience is another challenge, as overly strict access controls can hinder productivity.
The Vietnam Physical Identity and Access Management market experienced notable changes in the wake of the COVID-19 pandemic. As organizations adapted to new working models, the traditional approach to physical access management underwent transformation. The integration of digital identity solutions became imperative, driven by the need for secure and contactless access control measures.
In the Vietnam Physical Identity and Access Management Market, key players include globally recognized companies such as Honeywell International Inc., providing advanced solutions for secure access and identity management. Another significant player is Assa Abloy AB, offering a range of physical security solutions.
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 Physical Identity and Access Management Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Physical Identity and Access Management Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Physical Identity and Access Management Market - Industry Life Cycle |
3.4 Vietnam Physical Identity and Access Management Market - Porter's Five Forces |
3.5 Vietnam Physical Identity and Access Management Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
3.6 Vietnam Physical Identity and Access Management Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.7 Vietnam Physical Identity and Access Management Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.8 Vietnam Physical Identity and Access Management Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 Vietnam Physical Identity and Access Management Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital transformation initiatives in various industries in Vietnam |
4.2.2 Rising concerns regarding data security and privacy |
4.2.3 Growing awareness about the importance of physical identity and access management solutions |
4.3 Market Restraints |
4.3.1 Lack of skilled professionals to implement and manage physical identity and access management systems |
4.3.2 High initial investment and ongoing maintenance costs |
4.3.3 Limited awareness and understanding of the benefits of physical identity and access management solutions among small and medium-sized enterprises in Vietnam |
5 Vietnam Physical Identity and Access Management Market Trends |
6 Vietnam Physical Identity and Access Management Market, By Types |
6.1 Vietnam Physical Identity and Access Management Market, By Vertical |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Physical Identity and Access Management Market Revenues & Volume, By Vertical, 2021-2031F |
6.1.3 Vietnam Physical Identity and Access Management Market Revenues & Volume, By BFSI, 2021-2031F |
6.1.4 Vietnam Physical Identity and Access Management Market Revenues & Volume, By IT & ITeS, 2021-2031F |
6.1.5 Vietnam Physical Identity and Access Management Market Revenues & Volume, By Telecom, 2021-2031F |
6.1.6 Vietnam Physical Identity and Access Management Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.1.7 Vietnam Physical Identity and Access Management Market Revenues & Volume, By Transportation, 2021-2031F |
6.1.8 Vietnam Physical Identity and Access Management Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.9 Vietnam Physical Identity and Access Management Market Revenues & Volume, By Education, 2021-2031F |
6.1.10 Vietnam Physical Identity and Access Management Market Revenues & Volume, By Education, 2021-2031F |
6.2 Vietnam Physical Identity and Access Management Market, By Organization Size |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Physical Identity and Access Management Market Revenues & Volume, By Small and Medium-Sized Enterprises (SMEs), 2021-2031F |
6.2.3 Vietnam Physical Identity and Access Management Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.3 Vietnam Physical Identity and Access Management Market, By Service |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Physical Identity and Access Management Market Revenues & Volume, By Consulting, 2021-2031F |
6.3.3 Vietnam Physical Identity and Access Management Market Revenues & Volume, By Implementation and Integration, 2021-2031F |
6.3.4 Vietnam Physical Identity and Access Management Market Revenues & Volume, By Maintenance and Support, 2021-2031F |
6.4 Vietnam Physical Identity and Access Management Market, By Component |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Physical Identity and Access Management Market Revenues & Volume, By Software, 2021-2031F |
6.4.3 Vietnam Physical Identity and Access Management Market Revenues & Volume, By Services, 2021-2031F |
7 Vietnam Physical Identity and Access Management Market Import-Export Trade Statistics |
7.1 Vietnam Physical Identity and Access Management Market Export to Major Countries |
7.2 Vietnam Physical Identity and Access Management Market Imports from Major Countries |
8 Vietnam Physical Identity and Access Management Market Key Performance Indicators |
8.1 Number of cybersecurity incidents reported in Vietnam |
8.2 Percentage increase in spending on cybersecurity solutions by businesses in Vietnam |
8.3 Adoption rate of multi-factor authentication solutions in various industries in Vietnam |
9 Vietnam Physical Identity and Access Management Market - Opportunity Assessment |
9.1 Vietnam Physical Identity and Access Management Market Opportunity Assessment, By Vertical, 2021 & 2031F |
9.2 Vietnam Physical Identity and Access Management Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.3 Vietnam Physical Identity and Access Management Market Opportunity Assessment, By Service, 2021 & 2031F |
9.4 Vietnam Physical Identity and Access Management Market Opportunity Assessment, By Component, 2021 & 2031F |
10 Vietnam Physical Identity and Access Management Market - Competitive Landscape |
10.1 Vietnam Physical Identity and Access Management Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Physical Identity and Access Management Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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