Vietnam Intelligent Transport Systems Market Size, Share, Trends and Forecast by Mode of Transport, Product, Protocol, Offering, Application, and Region, 2025-2033

Vietnam Intelligent Transport Systems Market Overview:

The Vietnam intelligent transport systems market size reached USD 240.50 Million in 2024. The market is projected to reach USD 525.51 Million by 2033, exhibiting a growth rate (CAGR) of 8.13% during 2025-2033. The market is driven by government-led infrastructure development initiatives and nationwide ITS deployment mandates across expressways, smart city programs transforming urban transportation through digital technologies, and the rapid expansion of electronic toll collection systems, coupled with advanced traffic surveillance infrastructure. These strategic initiatives are significantly expanding the Vietnam intelligent transport systems market share.

Vietnam Intelligent Transport Systems Market Trends:

Government-Led Infrastructure Development and Nationwide ITS Deployment Push

The Vietnamese government has become the key driver of intelligent transport systems (ITS) adoption through comprehensive policy frameworks and major infrastructure investments. In early 2024, the Ministry of Transport issued a directive to provincial and city People's Committees, urging support for ITS deployment across the national highway system and establishing clear standards, requirements, and implementation roadmaps. This initiative seeks to ensure that all expressways are equipped with intelligent traffic management systems while integrating traffic management centers in smart urban areas across major cities and high-demand regions. With Vietnam’s expressway network expanding steadily, the government’s focus on ITS infrastructure presents a significant market opportunity. Despite progress, challenges remain, as ITS coverage on key routes is limited. The Ministry has also instructed units to accelerate ITS deployment and complete traffic management centers for major expressway projects, reflecting strong government determination. Additionally, a national ITS plan and architecture are being developed, extending into the next decade, including the construction of a national traffic management center linking local centers. This coordinated approach ensures regional standardization and creates economies of scale for technology providers and system integrators in the market.

Smart City Initiatives Driving Urban Transportation Digitalization and Modernization

Vietnam’s ambitious smart city development programs are fundamentally reshaping urban transportation infrastructure through the adoption of advanced digital technologies and intelligent systems. By late 2024, numerous localities across the country had launched smart city initiatives, with operational centers established to enhance services in transportation, healthcare, and digital education. Cities such as Da Nang, Hanoi, and Ho Chi Minh City have led the way in implementing smart transportation solutions, including smart cards, public Wi-Fi, and pilot programs in intelligent water and traffic management. Leading technology companies, including Viettel, VNPT, and FPT, are advancing AI and IoT solutions tailored for urban governance and transport oversight. Hanoi’s Department of Transport proposed an Intelligent Transport System implementation with the initial phase set to improve traffic safety, reduce congestion, cut travel time and costs, and support environmental sustainability through technologies for monitoring traffic violations, managing public transport operations, handling parking, addressing road incidents, and enabling electronic ticketing for public transit. The Vietnam-Asia Smart City Summit held in Hanoi brought together government officials and technology providers to advance smart, sustainable urban infrastructure solutions. Urban economies play a critical role in Vietnam’s overall economic output, making efficient transportation essential for continued growth. The launch of Ho Chi Minh City’s first metro line after more than a decade of construction highlights the country’s commitment to modern public transport. This milestone project features multiple stations and advanced trains, integrating intelligent systems such as automated fare collection, real-time passenger information, and centralized control centers, setting a benchmark for future urban rail developments across Vietnam.

Expansion of Electronic Toll Collection Systems and Advanced Traffic Surveillance Infrastructure

The Vietnam intelligent transport systems market growth is being strongly driven by the nationwide rollout of electronic toll collection systems and extensive traffic surveillance networks, which improve operational efficiency and enforcement capabilities. Fully automatic electronic toll collection has become mandatory on all expressways, requiring vehicles to use e-tags through providers such as VETC and ePass/VDTC. This transition has fueled demand for RFID tags, roadside equipment, back-office systems, and payment integration platforms across the operational expressway network. The Ministry of Transport is implementing electronic toll collection in phases, with plans to develop a national traffic management center linking local centers, creating an integrated ecosystem for toll collection, traffic monitoring, and incident management. Alongside toll infrastructure, authorities are investing heavily in traffic surveillance camera systems to strengthen enforcement and traffic management. Hanoi has approved a comprehensive plan to significantly expand citywide surveillance, enhancing the Traffic Police Department’s operations and enabling continuous monitoring of traffic violations, including automatic detection of common offenses. The government has established clear regulatory frameworks for the construction, management, and operation of monitoring systems, ensuring security and traffic safety across national and provincial roads. Long-term initiatives to install traffic cameras on major highways underscore the commitment to comprehensive surveillance infrastructure. Integrating electronic toll collection with traffic surveillance, alongside technologies such as automatic number plate recognition and AI-powered violation detection, is creating an advanced intelligent transport ecosystem that optimizes traffic flow, enhances safety, and provides valuable data for transportation planning and management throughout Vietnam.

Vietnam Intelligent Transport Systems 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 mode of transport, product, protocol, offering, and application.

Mode of Transport Insights:

• Roadways
• Railways
• Airways

The report has provided a detailed breakup and analysis of the market based on the mode of transport. This includes roadways, railways, and airways.

Product Insights:

• Network Management Systems
  • Advanced Traffic Management Systems (ATMS)
  • Road User Charging, Congestion Charging, etc.
• Freight and Commercial Systems
• Public Transport Systems
• Security and Crime Reduction Systems
• Automotive and Infotainment Systems
• Road Safety Systems
• Communications Systems

A detailed breakup and analysis of the market based on the product have also been provided in the report. This includes network management systems (advanced traffic management systems (ATMS) and road user charging, congestion charging, etc.), freight and commercial systems, public transport systems, security and crime reduction systems, automotive and infotainment systems, road safety systems, and communications systems.

Protocol Insights:

• Short Range
  • WAVE (IEEE 802.11)
  • WPAN (IEEE 802.15)
• Long Range
  • WiMAX (IEEE 802.11)
  • OFDM
• IEEE 1512
• Traffic Management Data Dictionary (TMDD)
• Others

The report has provided a detailed breakup and analysis of the market based on the protocol. This includes short range [WAVE (IEEE 802.11) and WPAN (IEEE 802.15)], long range [WiMAX (IEEE 802.11) and OFDM], IEEE 1512, traffic management data dictionary (TMDD), and others.

Offering Insights:

• Hardware
  • Interface Board
  • Sensor
  • Surveillance Camera
  • Telecommunication Network
  • Monitoring and Detection System
  • Others
• Software
  • Visualization Software
  • Video Detection Management Software
  • Transit Management System
  • Others
• Services
  • Business and Cloud Services
  • Support and Maintenance Services

A detailed breakup and analysis of the market based on the offering have also been provided in the report. This includes hardware (interface board, sensor, surveillance camera, telecommunication network, monitoring and detection system, and others), software (visualization software, video detection management software, transit management system, and others), and services (business and cloud services, and support and maintenance services).

Application Insights:

• Fleet Management and Asset Monitoring
• Intelligent Traffic Control
• Collision Avoidance
• Parking Management
• Passenger Information Management
• Ticketing Management
• Emergency Vehicle Notification
• Automotive Telematics

The report has provided a detailed breakup and analysis of the market based on the application. This includes fleet management and asset monitoring, intelligent traffic control, collision avoidance, parking management, passenger information management, ticketing management, emergency vehicle notification, and automotive telematics.

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 Intelligent Transport Systems Market News:

• December 2024: Ho Chi Minh City officially opened its first metro line, known as Line 1 (Ben Thanh - Suoi Tien section), after 12 years of construction. The 19.7-kilometer line features 14 stations and operates 17 modern trains supplied by Hitachi, each capable of carrying up to 930 passengers. The project was primarily funded through official development assistance provided by the Japan International Cooperation Agency, with 88 percent of the funding covered by the Japanese government. This marks a historic milestone in urban transport development for Vietnam's largest city. 
• September 2024: Viettel strengthened its collaboration with Ericsson by granting the company the primary contract for deploying its nationwide 5G Radio Access Network infrastructure. This major network infrastructure expansion strengthens Vietnam's telecommunications backbone, which is critical for supporting intelligent transport systems. The enhanced 5G network will enable real-time data transmission for traffic management systems, connected vehicle applications, and smart mobility solutions across urban and highway environments. 

Vietnam Intelligent Transport Systems Market Report Coverage:

Key Questions Answered in This Report:

• How has the Vietnam intelligent transport systems market performed so far and how will it perform in the coming years?
• What is the breakup of the Vietnam intelligent transport systems market on the basis of mode of transport?
• What is the breakup of the Vietnam intelligent transport systems market on the basis of product?
• What is the breakup of the Vietnam intelligent transport systems market on the basis of protocol?
• What is the breakup of the Vietnam intelligent transport systems market on the basis of offering?
• What is the breakup of the Vietnam intelligent transport systems market on the basis of application?
• What is the breakup of the Vietnam intelligent transport systems market on the basis of region?
• What are the various stages in the value chain of the Vietnam intelligent transport systems market?
• What are the key driving factors and challenges in the Vietnam intelligent transport systems market?
• What is the structure of the Vietnam intelligent transport systems market and who are the key players?
• What is the degree of competition in the Vietnam intelligent transport systems 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 intelligent transport systems market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam intelligent transport systems 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 intelligent transport systems 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.