Vietnam telecom millimeter wave mmw technology market Size, Share, Growth Drivers, Trends, Opportunities & Forecast 2025–2030

Vietnam Telecom Millimeter Wave (MMW) Technology Market is worth USD 1.1 Bn, fueled by 5G networks, government initiatives, and urbanization, with E-Band and 5G broadband leading segments.

Region:Asia

Author(s):Shubham

Product Code:KRAC4322

Pages:100

Published On:October 2025

About the Report

Base Year 2024

Vietnam Telecom Millimeter Wave (MMW) Technology Market Overview

  • The Vietnam Telecom Millimeter Wave (MMW) Technology Market is valued at USD 1.1 billion, based on a five-year historical analysis. This growth is primarily driven by the increasing demand for high-speed internet and the expansion of 5G networks across the country. The rapid urbanization and digital transformation initiatives by the government have further fueled investments in MMW technology, making it a critical component of Vietnam's telecommunications infrastructure.
  • Key cities such as Ho Chi Minh City and Hanoi dominate the Vietnam Telecom Millimeter Wave Technology Market due to their status as economic and technological hubs. Northern Vietnam leads the millimeter wave market, accounting for approximately 40% of the total market share. The concentration of telecommunications companies, research institutions, and a growing consumer base in these urban areas contribute to their leadership in adopting advanced MMW technologies, facilitating faster internet services and enhanced connectivity.
  • The Vietnamese government has established regulatory frameworks to promote the deployment of MMW technology through the Telecommunications Law and related decrees issued by the Ministry of Information and Communications, which include the allocation of frequency bands for commercial use. These initiatives aim to support the rollout of 5G services and enhance the overall telecommunications infrastructure, ensuring that Vietnam remains competitive in the global digital economy.
Vietnam Telecom Millimeter Wave (MMW) Technology Market Size

Vietnam Telecom Millimeter Wave (MMW) Technology Market Segmentation

By Frequency Band:

Vietnam Telecom Millimeter Wave (MMW) Technology Market segmentation by Frequency Band.

The frequency band segmentation of the Vietnam Telecom Millimeter Wave Technology Market includes E-Band (71-86 GHz), V-Band (57-64 GHz), W-Band (92-100 GHz), and D-Band and Higher Frequencies. Among these, the E-Band is currently dominating the market due to its high capacity and ability to support high-speed data transmission, which is essential for 5G applications. The increasing demand for bandwidth-intensive applications, such as video streaming and online gaming, has led to a surge in the adoption of E-Band technology. The V-Band is also gaining traction, particularly for fixed wireless access solutions, while the W-Band and D-Band are emerging as viable options for future applications.

By Application:

Vietnam Telecom Millimeter Wave (MMW) Technology Market segmentation by Application.

The application segmentation of the Vietnam Telecom Millimeter Wave Technology Market includes 5G Mobile Broadband, Fixed Wireless Access (FWA), Backhaul and Fronthaul, Smart Cities and IoT, Satellite Communication, and Autonomous Vehicles and Transportation. The 5G Mobile Broadband application is leading the market, driven by the increasing demand for high-speed internet and the need for low-latency communication. The rapid deployment of 5G networks across urban areas has significantly boosted the adoption of MMW technology for mobile broadband services. Fixed Wireless Access is also gaining popularity as an alternative to traditional wired connections, especially in rural areas where infrastructure is limited. Additionally, mmWave technology is increasingly being leveraged for augmented reality, virtual reality, and ultra-high-definition video streaming applications.

Vietnam Telecom Millimeter Wave (MMW) Technology Market Competitive Landscape

The Vietnam Telecom Millimeter Wave (MMW) Technology Market is characterized by a dynamic mix of regional and international players. Leading participants such as Viettel Group, Vietnam Posts and Telecommunications Group (VNPT), FPT Telecom, MobiFone, CMC Telecom, Saigon Cable Television (SCTV), HPT Vietnam, NetNam, Viettel Network, VTC Digital, Bkav Corporation, VinaPhone, Qualcomm Technologies Inc., Nokia Corporation, and Ericsson contribute to innovation, geographic expansion, and service delivery in this space.

Viettel Group

2004

Hanoi, Vietnam

VNPT

1995

Hanoi, Vietnam

FPT Telecom

1997

Hanoi, Vietnam

MobiFone

1993

Hanoi, Vietnam

CMC Telecom

1993

Hanoi, Vietnam

Company

Establishment Year

Headquarters

Company Size Classification (Large, Medium, or Small)

Revenue Growth Rate (YoY %)

Market Penetration Rate (%)

5G Infrastructure Investment (USD Million)

MMW Spectrum Holdings (GHz)

Network Coverage Area (% of Vietnam)

Vietnam Telecom Millimeter Wave (MMW) Technology Market Industry Analysis

Growth Drivers

  • Increasing Demand for High-Speed Internet:The demand for high-speed internet in Vietnam is projected to reach 85 million broadband subscribers in future, driven by a growing digital economy. The World Bank estimates that internet penetration will rise to 75% in urban areas, significantly boosting the need for advanced MMW technology. This surge in demand is further supported by the increasing consumption of data-intensive applications, such as streaming services and online gaming, which require robust internet infrastructure.
  • Expansion of 5G Networks:Vietnam's government aims to roll out 5G networks nationwide in future, with an investment of approximately $1.6 billion. This expansion is expected to cover 85% of urban areas, facilitating the adoption of MMW technology. The Ministry of Information and Communications reported that 5G technology could enhance mobile broadband speeds by up to 150 times, creating a favorable environment for MMW deployment and attracting investments from telecom operators.
  • Government Initiatives for Digital Transformation:The Vietnamese government has allocated $2.5 billion for digital transformation initiatives in future, focusing on enhancing telecommunications infrastructure. This investment aims to support the development of smart cities and improve connectivity across the nation. The government's commitment to fostering a digital economy is evident in its policies, which encourage the adoption of MMW technology to meet the increasing demands of businesses and consumers alike.

Market Challenges

  • High Infrastructure Costs:The deployment of MMW technology requires significant investment in infrastructure, estimated at around $3.5 billion for comprehensive coverage in Vietnam. This high cost poses a barrier for many telecom operators, particularly smaller companies that may struggle to secure funding. Additionally, the need for advanced equipment and technology further exacerbates the financial burden, limiting the pace of MMW adoption in the market.
  • Limited Awareness Among Consumers:Despite the rapid advancements in telecommunications, consumer awareness of MMW technology remains low, with only 35% of the population familiar with its benefits. This lack of understanding can hinder adoption rates, as consumers may be hesitant to switch to new technologies without clear advantages. Educational campaigns and outreach efforts are essential to bridge this knowledge gap and promote the advantages of MMW technology in enhancing connectivity.

Vietnam Telecom Millimeter Wave (MMW) Technology Market Future Outlook

The future of the Vietnam Telecom MMW technology market appears promising, driven by ongoing investments in infrastructure and the government's commitment to digital transformation. As 5G networks expand, the demand for high-speed internet will continue to rise, creating opportunities for MMW technology adoption. Additionally, the increasing focus on smart city projects and IoT applications will further stimulate growth, positioning Vietnam as a regional leader in telecommunications innovation and technology deployment.

Market Opportunities

  • Growth in Smart City Projects:The Vietnamese government has initiated over 25 smart city projects, with an investment of $1.2 billion in future. These projects will leverage MMW technology to enhance urban connectivity and improve public services, creating significant opportunities for telecom operators and technology providers to collaborate and innovate.
  • Partnerships with Tech Companies:Collaborations between telecom operators and technology firms are expected to increase, with an estimated 20 partnerships forming in future. These alliances will focus on developing new applications and services utilizing MMW technology, enhancing the overall market landscape and driving further innovation in telecommunications.

Scope of the Report

SegmentSub-Segments
By Frequency Band

E-Band (71-86 GHz)

V-Band (57-64 GHz)

W-Band (92-100 GHz)

D-Band and Higher Frequencies

By Application

G Mobile Broadband

Fixed Wireless Access (FWA)

Backhaul and Fronthaul

Smart Cities and IoT

Satellite Communication

Autonomous Vehicles and Transportation

By End-User

Telecommunications Operators

Enterprises and Corporations

Government and Defense

Healthcare Providers

Manufacturing and Industrial

By Component Type

Antennas and Transceivers

RF Semiconductors and ICs

Integrated Modules and Systems

Network Infrastructure Equipment

By Licensing Model

Licensed Spectrum

Unlicensed Spectrum

By Deployment Type

Urban Deployment

Rural and Remote Areas

Key Target Audience

Investors and Venture Capitalist Firms

Government and Regulatory Bodies (e.g., Ministry of Information and Communications, Vietnam Telecommunications Authority)

Telecom Network Operators

Equipment Manufacturers

Infrastructure Providers

Telecommunications Service Providers

Industry Associations (e.g., Vietnam Internet Association)

Telecom Equipment Distributors

Players Mentioned in the Report:

Viettel Group

Vietnam Posts and Telecommunications Group (VNPT)

FPT Telecom

MobiFone

CMC Telecom

Saigon Cable Television (SCTV)

HPT Vietnam

NetNam

Viettel Network

VTC Digital

Bkav Corporation

VinaPhone

Qualcomm Technologies Inc.

Nokia Corporation

Ericsson

Table of Contents

Market Assessment Phase

1. Executive Summary and Approach


2. Vietnam Telecom Millimeter Wave (MMW) Technology Market Overview

2.1 Key Insights and Strategic Recommendations

2.2 Vietnam Telecom Millimeter Wave (MMW) Technology Market Overview

2.3 Definition and Scope

2.4 Evolution of Market Ecosystem

2.5 Timeline of Key Regulatory Milestones

2.6 Value Chain & Stakeholder Mapping

2.7 Business Cycle Analysis

2.8 Policy & Incentive Landscape


3. Vietnam Telecom Millimeter Wave (MMW) Technology Market Analysis

3.1 Growth Drivers

3.1.1 Increasing demand for high-speed internet
3.1.2 Expansion of 5G networks
3.1.3 Government initiatives for digital transformation
3.1.4 Rising adoption of IoT applications

3.2 Market Challenges

3.2.1 High infrastructure costs
3.2.2 Limited awareness among consumers
3.2.3 Regulatory hurdles
3.2.4 Competition from alternative technologies

3.3 Market Opportunities

3.3.1 Growth in smart city projects
3.3.2 Partnerships with tech companies
3.3.3 Development of new applications
3.3.4 Export potential to neighboring countries

3.4 Market Trends

3.4.1 Increasing investment in telecom infrastructure
3.4.2 Shift towards cloud-based services
3.4.3 Focus on sustainability and energy efficiency
3.4.4 Emergence of private 5G networks

3.5 Government Regulation

3.5.1 Licensing requirements for MMW technology
3.5.2 Spectrum allocation policies
3.5.3 Compliance with international standards
3.5.4 Incentives for local manufacturers

4. SWOT Analysis


5. Stakeholder Analysis


6. Porter's Five Forces Analysis


7. Vietnam Telecom Millimeter Wave (MMW) Technology Market Market Size, 2019-2024

7.1 By Value

7.2 By Volume

7.3 By Average Selling Price


8. Vietnam Telecom Millimeter Wave (MMW) Technology Market Segmentation

8.1 By Frequency Band

8.1.1 E-Band (71-86 GHz)
8.1.2 V-Band (57-64 GHz)
8.1.3 W-Band (92-100 GHz)
8.1.4 D-Band and Higher Frequencies

8.2 By Application

8.2.1 5G Mobile Broadband
8.2.2 Fixed Wireless Access (FWA)
8.2.3 Backhaul and Fronthaul
8.2.4 Smart Cities and IoT
8.2.5 Satellite Communication
8.2.6 Autonomous Vehicles and Transportation

8.3 By End-User

8.3.1 Telecommunications Operators
8.3.2 Enterprises and Corporations
8.3.3 Government and Defense
8.3.4 Healthcare Providers
8.3.5 Manufacturing and Industrial

8.4 By Component Type

8.4.1 Antennas and Transceivers
8.4.2 RF Semiconductors and ICs
8.4.3 Integrated Modules and Systems
8.4.4 Network Infrastructure Equipment

8.5 By Licensing Model

8.5.1 Licensed Spectrum
8.5.2 Unlicensed Spectrum

8.6 By Deployment Type

8.6.1 Urban Deployment
8.6.2 Rural and Remote Areas

9. Vietnam Telecom Millimeter Wave (MMW) Technology Market Competitive Analysis

9.1 Market Share of Key Players

9.2 Cross Comparison of Key Players

9.2.1 Company Name
9.2.2 Company Size Classification (Large, Medium, or Small)
9.2.3 Revenue Growth Rate (YoY %)
9.2.4 Market Penetration Rate (%)
9.2.5 5G Infrastructure Investment (USD Million)
9.2.6 MMW Spectrum Holdings (GHz)
9.2.7 Network Coverage Area (% of Vietnam)
9.2.8 Customer Base (Subscribers/Enterprise Clients)
9.2.9 R&D Investment as % of Revenue
9.2.10 Strategic Partnerships and Alliances

9.3 SWOT Analysis of Top Players

9.4 Pricing Analysis

9.5 Detailed Profile of Major Companies

9.5.1 Viettel Group
9.5.2 Vietnam Posts and Telecommunications Group (VNPT)
9.5.3 FPT Telecom
9.5.4 MobiFone
9.5.5 CMC Telecom
9.5.6 Saigon Cable Television (SCTV)
9.5.7 HPT Vietnam
9.5.8 NetNam
9.5.9 Viettel Network
9.5.10 VTC Digital
9.5.11 Bkav Corporation
9.5.12 VinaPhone
9.5.13 Qualcomm Technologies Inc.
9.5.14 Nokia Corporation
9.5.15 Ericsson

10. Vietnam Telecom Millimeter Wave (MMW) Technology Market End-User Analysis

10.1 Procurement Behavior of Key Ministries

10.1.1 Ministry of Information and Communications
10.1.2 Ministry of Industry and Trade
10.1.3 Ministry of Science and Technology

10.2 Corporate Spend on Infrastructure & Energy

10.2.1 Investment in Telecom Infrastructure
10.2.2 Budget Allocation for Digital Transformation

10.3 Pain Point Analysis by End-User Category

10.3.1 Connectivity Issues
10.3.2 High Costs of Implementation

10.4 User Readiness for Adoption

10.4.1 Awareness of MMW Technology
10.4.2 Training and Support Needs

10.5 Post-Deployment ROI and Use Case Expansion

10.5.1 Measurement of ROI
10.5.2 Potential for Scaling Applications

11. Vietnam Telecom Millimeter Wave (MMW) Technology Market Future Size, 2025-2030

11.1 By Value

11.2 By Volume

11.3 By Average Selling Price


Go-To-Market Strategy Phase

1. Whitespace Analysis + Business Model Canvas

1.1 Market Gaps Identification

1.2 Business Model Development


2. Marketing and Positioning Recommendations

2.1 Branding Strategies

2.2 Product USPs


3. Distribution Plan

3.1 Urban Retail vs Rural NGO Tie-ups


4. Channel & Pricing Gaps

4.1 Underserved Routes

4.2 Pricing Bands


5. Unmet Demand & Latent Needs

5.1 Category Gaps

5.2 Consumer Segments


6. Customer Relationship

6.1 Loyalty Programs

6.2 After-sales Service


7. Value Proposition

7.1 Sustainability

7.2 Integrated Supply Chains


8. Key Activities

8.1 Regulatory Compliance

8.2 Branding

8.3 Distribution Setup


9. Entry Strategy Evaluation

9.1 Domestic Market Entry Strategy

9.1.1 Product Mix
9.1.2 Pricing Band
9.1.3 Packaging

9.2 Export Entry Strategy

9.2.1 Target Countries
9.2.2 Compliance Roadmap

10. Entry Mode Assessment

10.1 JV

10.2 Greenfield

10.3 M&A

10.4 Distributor Model


11. Capital and Timeline Estimation

11.1 Capital Requirements

11.2 Timelines


12. Control vs Risk Trade-Off

12.1 Ownership vs Partnerships


13. Profitability Outlook

13.1 Breakeven Analysis

13.2 Long-term Sustainability


14. Potential Partner List

14.1 Distributors

14.2 JVs

14.3 Acquisition Targets


15. Execution Roadmap

15.1 Phased Plan for Market Entry

15.1.1 Market Setup
15.1.2 Market Entry
15.1.3 Growth Acceleration
15.1.4 Scale & Stabilize

15.2 Key Activities and Milestones

15.2.1 Activity Planning
15.2.2 Milestone Tracking

Research Methodology

ApproachModellingSample

Phase 1: Approach1

Desk Research

  • Industry reports from telecommunications regulatory bodies in Vietnam
  • Market analysis publications focusing on millimeter wave technology trends
  • Academic journals and white papers on MMW applications in telecommunications

Primary Research

  • Interviews with telecom engineers specializing in MMW technology
  • Surveys with network infrastructure managers in major telecom companies
  • Field interviews with technology vendors and service providers in Vietnam

Validation & Triangulation

  • Cross-validation of data from multiple industry sources and expert opinions
  • Triangulation of market size estimates using historical growth rates
  • Sanity checks through feedback from a panel of telecom industry experts

Phase 2: Market Size Estimation1

Top-down Assessment

  • Analysis of national telecom spending and infrastructure investments
  • Segmentation of the market by application areas such as 5G, IoT, and fixed wireless access
  • Incorporation of government initiatives promoting MMW technology adoption

Bottom-up Modeling

  • Volume estimates based on deployment rates of MMW technology in urban areas
  • Cost analysis derived from equipment pricing and installation expenses
  • Revenue projections based on service uptake and subscription models

Forecasting & Scenario Analysis

  • Multi-variable regression analysis considering economic growth and technology adoption rates
  • Scenario modeling based on regulatory changes and competitive landscape shifts
  • Baseline, optimistic, and pessimistic forecasts through 2030

Phase 3: CATI Sample Composition1

Scope Item/SegmentSample SizeTarget Respondent Profiles
Telecom Infrastructure Providers50Network Engineers, Technical Directors
Mobile Network Operators40Operations Managers, Strategy Analysts
Government Regulatory Bodies40Policy Makers, Regulatory Affairs Specialists
Technology Vendors45Product Managers, Sales Directors
Research Institutions45Academic Researchers, Industry Analysts

Frequently Asked Questions

What is the current value of the Vietnam Telecom Millimeter Wave (MMW) Technology Market?

The Vietnam Telecom Millimeter Wave (MMW) Technology Market is valued at approximately USD 1.1 billion, driven by the increasing demand for high-speed internet and the expansion of 5G networks across the country.

Which cities are leading in the Vietnam Telecom MMW Technology Market?

What are the key drivers of growth in the Vietnam Telecom MMW Technology Market?

What frequency bands are used in the Vietnam Telecom MMW Technology Market?

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