Vietnam Cellular IoT Market 2033

Vietnam Cellular IoT Market Size, Share, Trends and Forecast by Component, Type, End Use, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A42705

Vietnam Cellular IoT Market Overview:

The Vietnam cellular IoT market size reached USD 32.00 Million in 2024. The market is projected to reach USD 138.99 Million by 2033, exhibiting a growth rate (CAGR) of 15.82% during 2025-2033. The market is fueled by rapid 5G network deployment, government-led smart city and industrial IoT integration. Apart from this, AI-enhanced IoT infrastructure and edge computing adoption are facilitating market development. Furthermore, the increasing integration of artificial intelligence with cellular IoT solutions and the government's strategic focus on digital transformation are expanding the Vietnam cellular IoT market share.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 32.00 Million
Market Forecast in 2033	USD 138.99 Million
Market Growth Rate 2025-2033	15.82%

Vietnam Cellular IoT Market Trends:

Fast 5G Network Rollout and Commercial Deployment

There is unprecedented growth in the market, fueled by fast 5G network rollout and commercial deployment countrywide. Top telecommunication operators have managed to roll out commercial 5G services, building a strong foundation for cellular IoT solutions. Notably, Viettel acquired 4 Million 5G subscribers just two months after starting commercial 5G services in October 2024, with 70% of devices in covered areas using the service. This high velocity of adoption shows how prepared the market is for high-end cellular IoT solutions that take advantage of 5G's ultra-low latency and high-speed connectivity features. The 5G infrastructure supports new industrial automation, smart city, autonomous vehicle, and remote healthcare monitoring IoT use cases. With extensive coverage in all 63 provinces, including industrial estates, tourist destinations, seaports, airports, hospitals, and universities, the 5G network supplies the critical infrastructure for advanced cellular IoT deployments that entail real-time processing of data and quality connectivity.

Government-Driven Smart City and Industrial IoT Convergence

Vietnamese government programs are driving cellular IoT adoption at a tremendous pace through end-to-end smart city initiatives and industrial digitalization programs. The government has launched ambitious smart city initiatives in major urban centers, including Ho Chi Minh City and Hanoi, incorporating cellular IoT solutions for traffic management, environmental monitoring, public safety, and utilities management. Vietnam's Internet of Things market is projected to grow by 14.23% during 2025-2033, as per industry reports. Industrial IoT solutions are being aggressively rolled out to manufacturing, agriculture, energy, and logistics industries as part of the nation's Industry 4.0 development plan. Strategic advice, funding, and regulatory incentives are offered by the government to help IoT innovation and deployment, which makes it easy for market growth. Public-private partnerships are fueling extensive IoT adoption in smart infrastructure, with cellular connectivity being the major communicating backbone for widespread sensor networks and automated systems across industrial and urban landscapes.

AI-Powered IoT Infrastructure and Edge Computing Deployment

The Vietnam cellular IoT growth is fueled by the expanding incorporation of artificial intelligence and edge computing capabilities into cellular IoT infrastructure. Vietnamese enterprises are building advanced AI-driven IoT platforms that support real-time analytics of data, predictive repair, and autonomous decision-making at the edge of the network. The population with 5G access counted millions as of the close of 2024, and as of July 2025, Vietnam is projected to have approximately 11,000 5G base stations. This shows tremendous potential for IoT application expansion. Edge deployment lessens latency and enhances the efficiency of processing for time-sensitive IoT use cases in manufacturing, healthcare, and transportation industries. AI tools are being embedded into cellular IoT devices to facilitate smart filtering of data, detection of anomalies, and automation of responses without the need for constant connectivity to the cloud. The convergence of 5G networks, edge computing, and artificial intelligence is opening new possibilities for next-generation cellular IoT applications such as autonomous solutions, smart video analytics, and predictive maintenance solutions. This convergence in technology is making Vietnam a regional frontrunner in next-generation cellular IoT implementations that provide superior performance and intelligence for consumer and enterprise uses.

Vietnam Cellular IoT 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 component, type, and end use.

Component Insights:

Hardware
Software
- Device Management
- Signal Processing

The report has provided a detailed breakup and analysis of the market based on component. This includes hardware and software (device management and signal processing).

Type Insights:

2G
3G
4G
LTE-M
NB-LTE-M
NB-IoT
5G

A detailed breakup and analysis of the market based on type have also been provided in the report. This includes 2G, 3G, 4G, LTE-M, NB-LTE-M, NB-IoT, and 5G.

End Use Insights:

Agriculture
Automotive and Transportation
Consumer Electronics
Energy
Environment Monitoring
Healthcare
Retail
Smart Cities
Others

The report has also provided a comprehensive analysis of all the major end use. This includes agriculture, automotive and transportation, consumer electronics, energy, environment monitoring, healthcare, retail, smart cities, 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 Cellular IoT Market News:

May 2025: Viettel acquired a 700 MHz spectrum block for VND 1.95 trillion (approximately USD 75.2 million) to enhance both 4G and 5G connectivity, supporting applications in the Internet of Things (IoT) such as smart cities, precision agriculture, and intelligent transportation systems. The operator intends to leverage this spectrum to achieve 99% population coverage across Vietnam by 2030.

Vietnam Cellular IoT Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Component Type End Use Region
Components Covered	Hardware Software: Device Management, Signal Processing
Types Covered	2G, 3G, 4G, LTE-M, NB-LTE-M, NB-IoT, 5G
End Uses Covered	Agriculture, Automotive and Transportation, Consumer Electronics, Energy, Environment Monitoring, Healthcare, Retail, Smart Cities, Others
Regions Covered	Northern Vietnam, Central Vietnam, Southern Vietnam
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Vietnam cellular IoT market performed so far and how will it perform in the coming years?
What is the breakup of the Vietnam cellular IoT market on the basis of component?
What is the breakup of the Vietnam cellular IoT market on the basis of type?
What is the breakup of the Vietnam cellular IoT market on the basis of end use?
What is the breakup of the Vietnam cellular IoT market on the basis of region?
What are the various stages in the value chain of the Vietnam cellular IoT market?
What are the key driving factors and challenges in the Vietnam cellular IoT market?
What is the structure of the Vietnam cellular IoT market and who are the key players?
What is the degree of competition in the Vietnam cellular IoT 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 cellular IoT market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam cellular IoT 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 cellular IoT 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.

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Purchase Options Discount
Offer

Request Customization

Speak to an Analyst

Request Brochure

Inquire Before Buying

Benefits of Customization

Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-201-971-6302

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.