Increased Demand for Cyber Security Solutions in Vietnam Driven by Surging Digital Penetration, Investments by the SMEs on Cyber Security Solutions and Increase in Cyber Threat Incidents: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit “The constantly improving internet infrastructure in telecom industry, increasing digital presence across various sectors and domestic enterprises increasing their IT spending to upgrade their IT infrastructure consisting of servers, network equipment, cyber security equipment and software has positively impacted the cyber security industry of Vietnam.” The report titled “Vietnam Cyber Security Industry Outlook to 2023 – By Solutions (Firewall & UTM, Intrusion Detection System, Antivirus and Others), By End Users (Banking & Finance, Government, IT & Telecom, Retail and Others), By Import and Domestic Security Solutions, By Security (Network Security, Application Security, End-Point Security, Mobile & Wireless Security, Content Security and Cloud Security)” by Ken Research recommends that the companies operating in cyber security market of Vietnam can expand their market share and increase revenue generated by adopting technological advancements, increase in the investments in cyber security market, enhancing the physical infrastructure in the sector, developing cyber security manpower base and encouraging home grown talents and grabbing the opportunities. The market is expected to register a positive CAGR of 14.8% in terms of revenue during the forecast period 2018P-2023E. Increasing Internet Penetration: Over the years, Vietnam has witnessed an increase in the number of internet users along with the increase in the social media users who are always at the risk of cyber threats in Vietnam. According to government statistics, the internet users in Vietnam were witnessed to be around 64 million with active social media users to be around 62 million, in addition to this, mobile social media user reached approximately 58 million and the mobile subscription of Vietnam was witnessed around 143.3 million in the first quarter of 2019. The online payment transactions have increased which has increased the threat probability pertaining to user’s data and systems. This has augmented the growth of cyber security market in Vietnam. Cyber Security Regulations in Vietnam: Vietnam faces a lack of cyber security regulations to manage the cyberspace of the country. The first initiative in the cyber security market in Vietnam was in the year 2010 with a dedicated government roadmap. Prior to this government roadmap, the initiatives in this domain were scattered and area focused. According to the industry statistics, around 61% of the personal computers in Vietnam are infected by malware and is among the top countries having the highest rate worldwide of personal devices infected with virus or malware. Therefore a detailed and structured cyber security law is of utmost importance for Vietnam in current scenario. Emergence of Domestic Companies: Over the years, Vietnam has been observed to grow in terms of the number of cyber crime and is on the edge of becoming a mid-tier cyber crime hub, opening opportunities for cyber security companies looking to tap this market. Some of the major cyber crimes that the country witness during 2018 were crypto mining malware, ransom ware and others. Almost 60% of network system of agencies and enterprises were infected with crypto mining malware during the year 2018. Vietnam being a price-sensitive economy, the domestic cyber security companies are grabbing this opportunity by providing low-cost security solutions. Majority of the domestic companies in Vietnam are only 10-12 years old and new domestic companies are expected to enter the market in future. In addition to this, companies in the cyber security sector are expected to further push Vietnam into new areas of security solutions and services such as cloud security and Artificial Intelligence (AI) giving an optimistic outlook towards the market. Key Segments Covered:- Cyber Security Market By Imported & Domestic Security Solutions Imported Services and Solutions Domestic Services and Solutions By Type of Solutions:- Firewall and Unified Threat Management (UTM) Intrusion Detection System (IDS/IPS) Antivirus/Antimalware Identity and Access Management (IAM) Encryption Data Loss Prevention (DLP) Disaster Recovery IoT Devices By End User:- Banking & Finance Government IT & Telecom Retail Healthcare Energy & Power Private Use Others By Type of Security:- Network Security Application Security End- Point Security Mobile & Wireless Security Content Security Cloud Security Key Target Audience:- Banks and Financial Institutions Government Organizations Retail Companies Hospitals and Clinics Airports Cloud Computing Services Companies IT- Companies Home Users Time Period Captured in the Report:- Historical Period – 2013-2018 Forecast Period – 2019-2023E Major Companies Covered:- Juniper Network Cisco Check Point Software Technologies Ltd Symantec Corporation Hewlett Packard Enterprise Development LP Kaspersky Fortinet CMC Corporation Other Players:- Vietnam Security Network (VSEC) Vietnam Cyberspace Security technology (VNCS) BAE Systems CyRadar IBM Corporation Trend Micro Oracle Wanders Sophos Sentry Bay AVG Technologies Fire Eye Keywords:- Vietnam Cyber Security Industry Vietnam Cyber Security Market Number of Credit Card Transactions in Vietnam Cisco Cyber Security Market Sales Vietnam Number Of End Users In Banking Cyber Security Market Vietnam Cryptomining Malware Market Analysis Cyber Security Industry In Vietnam Major Technologies In Vietnam Cyber Security Market Vietnam Email Threats Cyber Security Market Vietnam Firewall Market Size Vietnam Network Security Market Vietnam Cloud Security Market Vietnam Retail Cyber Security Market Vietnam Cyber Security Market Size Vietnam Telecom Cyber Security Market Vietnam Government Cyber Security Market For more information, refer to below link:- Vietnam Cyber Security Market Related Reports:- Middle East Cyber Security Market Outlook to 2022 – By Solutions (Firewall, Intrusion Detection System, Antivirus, Identity and Access Management, Encryption, Data Loss Prevention, Unidentified Threat Management, Disaster Recovery) and By Region Europe Cybersecurity Market (2018-2023) Brazil Cyber Security Market Outlook to 2021 – Rising Smart Phone Penetration and Online Banking Transactions to Augment Demand for Security Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Sales@kenresearch.com +91-9015378249 Tags: AVG Technologies Cyber Security Market Revenue Vietnam, BAE Systems Cyber Security Market Size Vietnam, Check Point Security Solutions Vietnam Market Size, Cisco Cyber Security Market Sales Vietnam, CMC Corporation Security Solutions Market Sales Vietnam, Cyber Security Industry In Vietnam, Cyber Security Market In Vietnam, CyRadar Cyber Security Market Revenue Vietnam, Doanh thu thị trường an ninh mạng Việt Nam, FireEye Cyber 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