Vietnam Cybersecurity Market, Vietnam Cybersecurity Industry: 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 How Cyber Threats are Growing in Vietnam Vietnam is regarded as one of the leading nations in the world when it comes to facing cyber threats. Limited cybersecurity infrastructure, less focus on developing cybersecurity systems and low budgets for expenditure are some of the reasons why cyber threats are a problem in the country. The country has dealt with some several high-impact cyber attacks including the twin airport cyber attacks in 2016. The amount of losses to the country in terms of monetary impact has also been rising over the period. Phishing attacks are the most common type in the country, with Deface and Malware also featuring in prominent numbers. The main factors behind the rise in the cyber threat level in the country are: Rise in number of devices available per person, weak organizational information security infrastructure, and frequent download of themes/plug-ins from suspicious sites and out-dated websites and operating systems. The government has taken it upon itself to improve the country’s cybersecurity infrastructure through a host of legal, organizational and institutional steps. The Ministry of Information and Communication in the country, is actively promoting the development of the country’s cybersecurity industry through mandating the adoption of cybersecurity solutions for governmental enterprises and departments. It has also encouraged the development of the local cybersecurity product infrastructure in the country by developing partnerships and alliances with domestic companies. The government’s technological revolution by way of Smart Cities project and e-Government has also expanded the scope of adoption for cybersecurity solutions. Vietnam also takes part in ASEAN level cybersecurity development drills, which aim to equip the country’s experts with latest knowledge about cyber threats and provide an opportune scenario for cyber threat simulations. Segmentation by Solution Type By Solution Type (Standalone Products, Managed Security Services and Professional Services) Standalone Products were identified to dominate the solution types for Cybersecurity in Vietnam. Segmentation by Professional Services By Professional Services (Penetration Testing, Security Audit, Consulting, Security Training, Others (Data Mining Vulnerability Assessment and more)) Penetration testing was identified as the professional service most adopted by end users in the country, as they were unwilling to go for a cybersecurity solution straight away without diagnosing the potential cyber threats. Hence they invested in Penetration Testing and Security Audit before going for a solution. Cybersecurity in Vietnam: the Demand Side Cybersecurity Solutions in Vietnam are most demanded by the banking and Finance industry. This is because of the inherent nature of the industry as its dealing with money very regularly. Most of Vietnam’s National and International banks have cybersecurity systems in place but the Banking and Finance sector still faces the most cyber attacks in the ecosystem. Government data in the country is extremely sensitive and the country has recently been developing its stature in global geo-politics, hence it is important for government and government departments to secure their data and information. CYbersecurity in Vietnam: Supply Side Cybersecurity solutions in Vietnam are most prominently supplied by international companies to firms. The primary reasons behind this are superior quality, better usability and better results of these solutions. In addition, foreign products use advanced technologies such as Artificial Intelligence, Machine Learning and Data Science to develop the capabilities of the solution, in order to make threat detection and removal more seamless and efficient. Over the period, there has been an upturn in the number of licenses granted to cybersecurity firms in the country, with the government clearly laying out its focus towards developing the cybersecurity ecosystem in the country. There have also been steps taken to promote cybersecurity awareness and training among professionals and companies, with enterprises encouraged to staff cybersecurity professionals in their IT team. Competition Landscape for Cybersecurity in Vietnam The competition landscape for cybersecurity in Vietnam is dominated by foreign players that operate through distributors, system integrators and resellers to expand their product reach. Domestic companies account for a limited share in the market, but the adoption of local products is quickly picking up pace, as the government’s measures to develop the local product ecosystem bear fruit. Key Segments Covered:- By Solution Source (Foreign/Imported Solutions and Domestic Solutions). By End User (Banking and Finance, Government/Public Sector, Aerospace & Defense, IT & Telecom, Retail & E-Commerce, Healthcare and others). By Solution type (Standalone Products, Managed Security Services and Professional Services). By Standalone Product Type (Firewall, Antivirus, End Point Security, IPS/IPD, SIEM, Security Gateways and Others). By Managed Security Services Type (SOC, Network Security, Application Security, Email Security, Cloud Security, Mobile Security, Content Security and Others). By Professional Services Type (Penetration Testing, Security Audit, Cybersecurity Consulting, Security Training and Others. Companies Covered:- Viettel Cyber Security FPT Information System CyStack CMC Cybersecurity Bkav Fortinet KasperSky Juniper Networks Cisco Check Point Trend Micro Key Target Audience:- Cybersecurity companies Banks, Healthcare companies, Retail Companies, E-commerce Platforms, Government Departments Government Associations Industry Associations Time Period Captured in the Report:- Historical Period: 2014-2019 Forecast Period: 2020-2025 For More Information on the research report, refer to below link:- Vietnam Cybersecurity Market Related Reports:- Philippines Electronic Security Market Outlook to 2024-Emergence of Technology Integrated Electronic System and Growth in Infrastructure Projects Europe Cyber Security Industry Outlook to 2023 – By Solutions (Firewall, Intrusion detection system, Antivirus, Identity and Access Management, Encryption, Data Loss Prevention, UTM, Disaster Recovery and Others (IoT Devices), By Industry Verticals (Banking & Finance, Government, IT & Telecom, Retail, Healthcare, Energy & Power, Private User and Others), By Security Deployed (Network Security, Application Security, End-Point Security, Mobile Security, Content Security and Cloud Security) 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 Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: ASEAN Cybersecurity Vietnam, Banking Cybersecurity Market Vietnam, Bkav CyberSecurity Market Sales Vietnam, Check Point Security Solutions Vietnam Market Size, Cisco Cyber Security Market Sales Vietnam, CMC Corporation Security Solutions Market Sales Vietnam, Covid-19 Impact Vietnam Cybersecurity Industry, Covid-19 Impact Vietnam Cybersecurity Market, Cybersecurity Industry In Vietnam, Cybersecurity Market In Vietnam, Cybersecurity 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