ICT Investment Trends in Vietnam: Growing demand for cloud and security services is driving enterprises’ ICT investments

2017-09-13
Price :
Published : Sep-2017
No. of Pages : 35

ICT Investment Trends in Vietnam: Growing demand for cloud and security services is driving enterprises’ ICT investments

Summary

“ICT Investment Trends in Vietnam”, presents the findings from a survey of 60 Vietnamese enterprises regarding their Information & Communications Technology (ICT) investment trends. The survey investigates how Vietnamese enterprises currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting.

The report illustrates the core technologies that enterprises are investing in, including IoT, cloud computing, business intelligence, and security products. The survey also highlights the approach to purchasing technology adopted by enterprises in Vietnam. Through GlobalData’s survey, the report aims to provide a better insight to ICT vendors and service providers when pitching their solutions to enterprises in Vietnam.

Vietnamese enterprises have been investing in various technologies in order to expand their market reach and to benefit from the country’s growing infrastructure market, which is witnessing investments in various sectors such as manufacturing, retail, and healthcare.

In particular, it provides an in-depth analysis of the following –
– How ICT budgets are set to change in 2017 in terms of their overall size
– Allocation across the core elements of IT spend, including hardware, software, services, communications, and consulting
– Distribution of ICT money in areas such as the networks, applications, service desk, and data centers
– Which ICT functions Vietnamese enterprises are interested in outsourcing
– Vietnamese enterprises’ investment priorities based on their budget allocations across core technology categories such as IoT, cloud computing, business intelligence, and security products
– Factors that are influencing Vietnamese enterprises’ investments in each technology category
– How Vietnamese enterprises’ IT budgets are currently allocated across various segments within a technology category
– Vietnamese enterprises’ distribution of their ICT budget across various segments within a technology category
– Vendor satisfaction ratings for various core and advanced technology categories
– Insight into Vietnamese enterprises’ preferred buying approaches
– Business objectives that Vietnamese enterprises are looking to achieve through their IT investment strategies
– Factors that are influencing Vietnamese enterprises’ decisions to select an ICT provider

Scope

– Vietnamese enterprises are allocating a major proportion of their IT services budget to software by implementing latest technologies such as cloud computing, big data solutions, and enterprise applications in order to better utilize their assets and to reduce IT costs.
– The Asian Development Bank is entering into a partnership with TNB Ventures, Mekong Business Initiative, and Australian Aid, in order to aid start-ups in Vietnam to provide connected infrastructure solutions and build smart cities in the country.
– With the increase in malware and cyber attacks in the country, various IT service providers are looking to increase their penetration in the market and enhance their security products portfolio to provide enterprise data security.

Reasons to buy

– Understand how the Vietnamese enterprises’ ICT landscape is set to change in 2017 to prioritize your target market
– Comprehend how ICT money are being allocated by Vietnamese enterprises in specific geographies and size bands to improve your market penetration
– Make effective business decisions by recognizing the opportunities within each of the core areas of ICT spend (hardware, software, IT services, telecommunications, and consulting)
– Realign your sales initiatives by understanding the current strategic objectives of Vietnamese enterprises
– Enhance your market segmentation with the included, detailed breakdown of opportunities within selected technology categories (IoT, cloud computing, business intelligence, and security products)
– Prioritize your focus areas by understanding which factors are influencing Vietnamese enterprises’ decisions when selecting an ICT provider
– Understand the changes in customers’ priorities and identify the business objectives that Vietnamese enterprises are looking to achieve through their ICT investment strategies

Filed in: Information Technology
Publisher : GlobalData
More Reports
Title Price Buy Now

Democratic Republic of Congo (DRC): Country Intelligence Report

Democratic Republic of Congo (DRC): Country Intelligence Report Summary "Democratic Republic of Congo (DRC): Country Intelligence Report", a new Country Intelligence Report by GlobalData, provides an executive-level overview of the telecommunications market in the DRC today, with detailed forecasts of key indicators up to 2022. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband and mobile markets, as well as a review of key regulatory trends. Total telecom service revenue in the DRC reached $1.1bn in 2017, a decline of 14.2% from 2016, which is mainly due to restricted consumer spending amid a lethargic economic scenario, high ......
$990

Egypt: Country Intelligence Report

Egypt: Country Intelligence Report Summary "Egypt: Country Intelligence Report", a new Country Intelligence Report by GlobalData, provides an executive-level overview of the telecommunications market in Egypt today, with detailed forecasts of key indicators up to 2022. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband, mobile and pay-TV segments, as well as a review of key regulatory trends. Telecom service revenue growth in Egypt through 2017-2022 will be driven by the mobile data, fixed broadband and pay-TV services segments. Mobile voice will be the largest revenue-contributing segment until 2021, with its share of total re......
$990

Over-the-Top Video in Europe: Over-the-Top (OTT) Video Content and Pricing Strategies

Over-the-Top Video in Europe: Over-the-Top (OTT) Video Content and Pricing Strategies Summary "Over-the-Top Video in Europe: Over-the-Top (OTT) Video Content and Pricing Strategies", a new Telecom Insider Report by GlobalData, provides an executive-level overview of the OTT video market in Europe. It delivers deep qualitative insight into the OTT Video market, analyzing key trends on content offers, business models for content delivery and pricing strategies. The OTT video market in Europe is very competitive with a mixture of established international providers,regional players and telco-operated OTT platforms. OTT players' main focus is on creating and including more regional content in local languages to attract viewers, as well as broadcasting major sporting events to differentiate ......
$1195

Germany: Country Intelligence Report

Germany: Country Intelligence Report Summary "Germany: Country Intelligence Report", a new Country Intelligence Report by GlobalData, provides an executive-level overview of the telecommunications market in Germany today, with detailed forecasts of key indicators up to 2022. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband, mobile and pay-TV markets as well as a review of key regulatory trends. Telecom service revenue growth in Germany over 2017-2022 will be driven by the mobile data, fixed broadband and pay-TV segments. Mobile data will be the largest revenue-contributing segment over 2017-2022, led by increasing adoption of......
$990

Artificial Intelligence – Thematic Research

Artificial Intelligence - Thematic Research Summary AI is still in its infancy, despite the R&D effort that has been expended on it over the years, and in a decade's time today's "state of the art" will seem rudimentary and simplistic. Therefore, when looking at potential winners in this theme, it is as important to gauge their ability to innovate over the long-term as it is to evaluate the current state of their AI offerings. Leading the way with the development of AI technologies are the global technology giants - Google, Amazon, Microsoft, Facebook and IBM. Their strength is derived from a combination of factors, including access to huge datasets, essential for training AI systems, and significant amounts of computing power. Over the next few years, these US-headquartered companies w......
$3995

France: Country Intelligence Report

France: Country Intelligence Report Summary "France: Country Intelligence Report", a new Country Intelligence Report by GlobalData, provides an executive-level overview of the telecommunications market in France today, with detailed forecasts of key indicators up to 2022. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband, mobile and pay-TV segments, as well as a review of key regulatory trends. France's telecom and pay-TV services market will grow from €34.0bn ($38.4bn) in 2017 to €37.6bn ($44.2bn) by year-end 2022 at a CAGR of 2.0% (2.8% in $) over 2017-2022, driven by projected growth in the mobile data and fixed broadband......
$990

Bahrain: Country Intelligence Report

Bahrain: Country Intelligence Report Summary "Bahrain: Country Intelligence Report", a new Country Intelligence Report by GlobalData, provides an executive-level overview of the telecommunications market in Bahrain today, with detailed forecasts of key indicators up to 2022. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband and mobile segments, as well as a review of key regulatory trends. Bahrain's telecom service market will increase from $0.6bn in 2017 to $0.8bn by year-end 2022 at a CAGR of 5.8%, mainly driven by mobile data and fixed broadband segments. Mobile voice was the largest revenue-contributing segment in 2017. Mo......
$990

Autonomous Vehicles – Thematic Research

Autonomous Vehicles - Thematic Research Summary The global automobile industry - worth $3.5 trillion in annual revenues - faces four concurrent disruptive threats: the connected car, the electric vehicle, autonomous driving technology and the concept of transport-as-a-service. Each threat is potentially existential to the legacy carmakers who operate in a low growth, low margin sector that rattles with over capacity, and which is seeing its supply lines reset by cumulative advances in enabling technologies typically deployed by the Tier 1 automobile sub-system suppliers. This report focuses on autonomous driving technology. Scope This report is part of our ecosystem of thematic investment research reports, supported by our "thematic engine". About our Thematic Research Ecosystem - -......
$3995

Mobile Broadband Trends in Latin America

Mobile Broadband Trends in Latin America Summary "Mobile Broadband Trends in Latin America", a new Telecom Insider Report by GlobalData, provides an executive-level overview of the mobile broadband market in Latin America. It delivers quantitative and qualitative insights into the mobile market, analyzing key trends in the region. In Latin America, mobile service revenue growth will be mainly driven by the mobile data segments over 2017-2022. M2M subscriptions will record the fastest growth during 2017-2022 led by MNOs' focus on providing M2M-based applications in Latin America. Going forward, operators will focus on data monetization, 4G network expansions, and 5G network launches to boost mobile broadband penetration in the region. It provides in-depth analysis of the following - - ......
$1195

Over-the-Top (OTT) Video in Africa and the Middle East – OTT Video Content and Pricing Strategies

Over-the-Top (OTT) Video in Africa and the Middle East - OTT Video Content and Pricing Strategies Summary "Over-the-Top (OTT) Video in Africa and the Middle East - OTT Video Content and Pricing Strategies", a new Telecom Insider Report by GlobalData offers a thorough study of the OTT video market in the AME region. The report analyzes different OTT video service providers operating in the region on various parameters such as content offerings, pricing, key trends, challenges and opportunities. The OTT video market in AME features strong competition between regional players such as icflix, istikana, iROKOtv and Shahid.net and international players such as Netflix, Amazon and STARZ Play. Having both launched in the region in 2016, Netflix, and Amazon are Internet aggregator entrants to AM......
$1195
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy