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.
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Market Segmentation
The Vietnam IP
telephony market is segmented into offering, access type, call type, installation
type, enterprise size, vertical, regional
distribution, and company. Based on offering, the
market is divided into solutions and services. Based on access type, the market
is divided into phone to phone, computer to computer, and computer to phone. Based
on call type, the market is divided into international calls and domestic calls.
Based on call type, the market is divided into wired and wireless. Based on
organization size, the market is divided into large enterprise and small &
medium enterprises. Based on vertical, the market is divided into BFSI, IT
& telecommunication, retail, and government. To analyze the market based on the
region, the Vietnam IP telephony market is studied in major regions North,
South and Central Vietnam.
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
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Details
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Base Year
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2021
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Historic Data
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2017 –
2020
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Estimated Year
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2022
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Forecast Period
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2023
– 2027
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Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue
forecast, company share, competitive landscape, growth factors, and trends
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Segments covered
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·
Offering
·
Access Type
·
Call Type
·
Installation Type
·
Enterprise Size
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Vertical
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Regional scope
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North,
South, Central
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Key companies profiled
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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
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Customization scope
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10%
free report customization with purchase. Addition or alteration to regional
& segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery Format
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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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Report Scope:
In this report, Vietnam IP telephony market
has been segmented into following categories, in addition to the industry
trends which have also been detailed below:
- Vietnam IP Telephony Market, By Offering:
- Vietnam IP Telephony Market, By Access Type:
- Phone to Phone
- Computer to Computer
- Computer to Phone
- Vietnam IP Telephony Market, By Call Type:
- International Calls
- Domestic Calls
- Vietnam IP Telephony Market, By Installation Type:
- Vietnam IP Telephony Market, By Enterprise Size:
- Large Enterprise
- Small & Medium Enterprises
- Vietnam IP Telephony Market, By Vertical:
- BFSI
- IT & Telecommunication
- Retail
- Government
- Vietnam IP
Telephony Market, By Region:
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Vietnam IP telephony market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
Vietnam IP telephony market is an
upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at [email protected]