IP Telephony Market – Vietnam Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Offering (Solutions and Services), By Access Type (Phone to Phone, Computer to Computer, Computer to Phone), By Call Type (International Calls and Domestic Calls), By Installation Type (Wired and Wireless), By Enterprise Size (Large Enterprise and Small & Medium Enterprises), By Vertical
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationIP Telephony Market – Vietnam Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Offering (Solutions and Services), By Access Type (Phone to Phone, Computer to Computer, Computer to Phone), By Call Type (International Calls and Domestic Calls), By Installation Type (Wired and Wireless), By Enterprise Size (Large Enterprise and Small & Medium Enterprises), By Vertical
The Vietnam IP telephony market is anticipated to grow at a significant CAGR in the forecast period, 2023-2027. Digital transformation of organizations, the growing need to improve connectivity in the organization, and the need to lower operational costs are the primary factors driving the growth of the Vietnam IP telephony market through the forecast period. Also, the growing adoption of advanced technologies such as IoT and high-end investments by the government to develop the telecommunication industry are expected to create lucrative growth opportunities for the Vietnam IP telephony market in the forecast period.
Digital Transformations in Enterprises Drives the Market Growth
The reduction in internet prices, increase in internet speed, and improvement in network infrastructure support the ongoing digital transformation in organizations. The market is shifting towards modem IP-based phone systems as it enables the organizations to maintain one network instead of maintaining a separate network for telephony and internet connection. In high-density areas like industrial parks, special economic zone, and Hanoi and Ho Chi Minh City, investments are made to develop fiber-optic infrastructure. The resultant setup of a combined network of internet and telephony is expected to bolster the Vietnam IP telephony market demand for the next five years.
Benefits of Adoption of IP Telephony services Supports the Market Growth
IP telephony improves the operations in enterprises by providing a new way to business phones. The hardware used in the enterprises, such as alarms, fax machines, credit card readers, alarms, and legacy systems, can be easily integrated with IP telephone systems. Easy integration and cost-effectiveness of IP telephony systems bolster their demand in organizations. Setting up of IP telephony system does not require investments to set up infrastructure or physical gear, which further removes unnecessary expenses.
Growing Adoption of IoT Technology Boosts the Market Demand
High internet penetration and growing adoption of emerging technologies accelerate the demand for IoT-based devices across the country. IoT-based devices connect all internet-enabled devices to share the data easily. With the growing technological advancements in the IP telephony system, it can collect and transmit data more efficiently than before. Organizations prefer to adopt smart solutions to boost productivity at the workspace and increase transparency and accessibility. Smart workspaces collect information from the office equipment and provide information access to all employees. By using VoIP, meetings in organizations can be recorded easily by activating the voice identification feature of smart workplaces. Therefore, growing awareness about the benefits of adopting the latest technologies and innovative product offerings by organizations are expected to fuel the growth of the Vietnam IP telephony market.
Market Segmentation
The Vietnam IP telephony market is segmented into offering, access type, call type, installation type, enterprise size, vertical
Market Players
VoIP Vietnam, Southern Telecom, Oncall, FPT Telecom International, CloudFone Vietnam, ZLink Vietnam Technology, Sangoma Technologies Corporation, CloudPBX, P.A Vietnam Cloud Solutions, and CMC Telecom, are the major market players operating in Vietnam IP telephony market.
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| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Offering · Access Type · Call Type · Installation Type · Enterprise Size · Vertical |
| Regional scope | North, South, Central |
| Key companies profiled | VoIP Vietnam, Southern Telecom, Oncall, FPT Telecom International, CloudFone Vietnam, ZLink Vietnam Technology, Sangoma Technologies Corporation, CloudPBX, P.A Vietnam Cloud Solutions, and CMC Telecom |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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