Vietnam 5G Chipset Market

Vietnam 5G Chipset Market Overview:

The Vietnam 5G chipset market size reached USD 39.50 Million in 2024. Looking forward, the market is projected to reach USD 631.00 Million by 2033, exhibiting a growth rate (CAGR) of 31.93% during 2025-2033. The market is driven by the government's ambitious digital transformation initiatives, strategic partnerships between local telecom operators and international technology companies, and accelerated infrastructure expansion with thousands of new 5G base stations being deployed nationwide. Additionally, the transition from legacy networks and rising demand for high-speed connectivity across consumer electronics, industrial automation, and automotive sectors is expanding the Vietnam 5G chipset market share.

Vietnam 5G Chipset Market Trends:

Rapid Telecom Infrastructure Expansion

Vietnam is experiencing significant progress in the deployment of 5G infrastructure, fueled by initiatives from telecom operators and the government that are accelerating the establishment of base stations and high-speed networks. In July 2025, Viet Nam's 5G network reached 26% of the population, according to the Ministry of Science and Technology. With around 11,000 base stations deployed by major telecom operators, the goal is to achieve 99% coverage by 2025. Financial incentives are available to boost 5G infrastructure development and adoption. This development is increasing the demand for sophisticated 5G chipsets that can provide higher data throughput, reduced latency, and enhanced energy efficiency. As more urban areas and industrial zones gain connectivity, the need for chipsets is expanding beyond consumer smartphones to include IoT devices, enterprise equipment, and network hardware. The shift from pilot projects to comprehensive 5G implementation is opening up opportunities for both global and local semiconductor companies to deliver solutions tailored to Vietnam’s requirements. In addition, the rising emphasis on digital transformation across sectors such as manufacturing, logistics, and healthcare promises sustained demand. Collectively, these factors are solidifying telecom infrastructure development as a critical driver of Vietnam 5G chipset market growth.

Smartphone Penetration and Upgrades

The surge in smartphone adoption throughout Vietnam significantly drives the demand for 5G chipsets. According to industry reports, in early 2025, Vietnam had 127 million mobile connections, exceeding its population. Internet users reached 79.8 million, with an internet penetration of 78.8%. Social media users totaled 76.2 million, representing 75.2% of the population, highlighting the country's significant digital growth and connectivity trends. As mobile providers enhance coverage and present competitive data plans, consumers are increasingly opting for 5G-enabled devices. This transition creates a strong need for chipsets that offer high performance and prioritize energy efficiency to prolong battery life. Affordable 5G smartphones are particularly popular among younger audiences and urban residents, prompting manufacturers to focus on integrating cost-effective chipsets into mid-range models. Furthermore, users of premium smartphones seek advanced features such as ultra-fast downloads, high-resolution streaming, and seamless gaming experiences, which accelerates innovation in chipset development. The rising preference for mobile-first lifestyles, fueled by e-commerce, entertainment, and social networking, underscores the significance of efficient 5G chipsets. With the continued growth in smartphone penetration, the demand for optimized chipsets is projected to increase consistently across Vietnam.

Vietnam 5G Chipset Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on chipset type, operational frequency, and end user.

Chipset Type Insights:

• Application-Specific Integrated Circuits (ASIC)
• Radio Frequency Integrated Circuit (RFIC)
• Millimeter Wave Technology Chips
• Field-Programmable Gate Array (FPGA)

The report has provided a detailed breakup and analysis of the market by chipset type. This includes application-specific integrated circuits (ASIC), radio frequency integrated circuit (RFIC), millimeter wave technology chips, and field-programmable gate array (FPGA).

Operational Frequency Insights:

• Sub 6 GHz
• Between 26 and 39 GHz
• Above 39 GHz

A detailed breakup and analysis of the market based on operational frequency have also been provided in the report. This includes sub 6 GHz, between 26 and 39 GHz, and above 39 GHz.

End User Insights:

• Consumer Electronics
• Industrial Automation
• Automotive and Transportation
• Energy and Utilities
• Healthcare
• Retail
• Others

The report has provided a comprehensive analysis of the market by end user. This includes consumer electronics, industrial automation, automotive and transportation, energy and utilities, healthcare, retail, and others.

Regional Insights:

• Northern Vietnam
• Central Vietnam
• Southern Vietnam

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Vietnam 5G Chipset Market News:

• In August 2025, Viettel and Qualcomm partnered to enhance Vietnam's tech landscape, aiming for over 2,000 5G Open RAN stations by 2025. This collaboration focuses on 5G/6G infrastructure, AI technologies, and smart devices, contributing to Vietnam's goal of a 30% digital economy share by 2030, with notable previous achievements in telecommunications.
• In November 2024, Viettel introduced the world’s first Open RAN 5G network using Qualcomm's technologies, including its own 5G DFE chipset. Initial deployments are in Hanoi and Ha Nam, with over 300 sites planned by early 2025, aiming to enhance network efficiency and create a sustainable ecosystem for 5G solutions.

Vietnam 5G Chipset Market Report Coverage:

Key Questions Answered in This Report:

• How has the Vietnam 5G chipset market performed so far and how will it perform in the coming years?
• What is the breakup of the Vietnam 5G chipset market on the basis of chipset type?
• What is the breakup of the Vietnam 5G chipset market on the basis of operational frequency?
• What is the breakup of the Vietnam 5G chipset market on the basis of end user?
• What is the breakup of the Vietnam 5G chipset market on the basis of region?
• What are the various stages in the value chain of the Vietnam 5G chipset market? 
• What are the key driving factors and challenges in the Vietnam 5G chipset market?
• What is the structure of the Vietnam 5G chipset market and who are the key players?
• What is the degree of competition in the Vietnam 5G chipset market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Vietnam 5G chipset market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam 5G chipset market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Vietnam 5G chipset industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.