Vietnam IoT Gateway Market

Vietnam IoT Gateway Market Overview:

The Vietnam IoT gateway market size reached USD 8.00 Million in 2024. The market is projected to reach USD 20.85 Million by 2033, exhibiting a growth rate (CAGR) of 11.23% during 2025-2033. The market is driven by government-led digital transformation and Industry 4.0 initiatives that emphasize internet of things (IoT) technology adoption across sectors, the rapid expansion of 5G infrastructure and smart city development programs that require advanced gateway solutions for connectivity, and the increasing integration of artificial intelligence (AI) and edge computing capabilities that enhance IoT system performance and real-time data processing. Additionally, the growing significance of smart manufacturing and industrial automation is expanding the Vietnam IoT gateway market share.

Vietnam IoT Gateway Market Trends:

Government-Driven Digital Transition and Industry Initiatives

The Vietnam IoT gateway sector is strongly driven by the overall government initiatives for digital transition and Industry 4.0 adoption in various industries. The Vietnamese government's National Digital Transformation Program is a strategic plan for updating the nation's technological infrastructure, including ambitious visions of having 80% of public services available online by 2030 and providing each citizen with access to IoT connectivity. These initiatives generate significant demand for IoT gateway solutions that are capable of neatly integrating disparate devices and systems in government functions, smart city initiatives, and public service delivery mechanisms. The digital infrastructure strategy of the government is particularly aimed at enhancing IoT capabilities, which necessitates powerful gateway solutions to deal with the enormous number of connected devices entering the healthcare, education, transport, and administrative realms. Additionally, businesses are also enjoying government incentives and policies favoring the use of Industry 4.0 technology, providing further market opportunities for IoT gateway providers that can facilitate manufacturing automation, supply chain optimization, and predictive maintenance applications.

5G Infrastructure Expansion and Smart Development

The wide expansion of 5G infrastructure is bolstering Vietnam IoT gateway market growth, providing previously unimaginable connectivity speeds and low-latency communications critical for high-level IoT applications. Vietnam plans to deliver 99% population coverage via 5G mobile broadband networks by 2030, which sets up a foundation that demands advanced gateway solutions to handle the greater number and sophistication of connected devices. Smart city development in key cities like Ho Chi Minh City, Hanoi, Da Nang, and other provinces is creating high demand for IoT gateways that can support various urban systems like traffic management, environmental monitoring, energy optimization, and public safety networks. The advent of smart transportation networks, intelligent traffic management, and IoT-empowered infrastructure monitoring needs gateways that can handle real-time data from thousands of devices and sensors while ensuring reliable connectivity over wide urban expanses. The growth of the market is especially evident in the applications behind smart buildings, connected vehicle infrastructure, and urban analytics platforms that are driven by seamless information exchange between edge devices and cloud-based management systems.

AI Integration and Edge Computing Enhancement

The growing convergence of AI and edge computing technologies is transforming IoT gateway functionality and fueling the market growth through greater performance, lower latency, and increased decision-making powers at the network edge. New IoT gateways are integrating AI algorithms that support local data processing, pattern detection, and autonomic responses independent of continuous cloud connectivity, and this is especially beneficial in industrial automation, healthcare monitoring, and smart manufacturing use cases. Edge computing functionality enables gateways to conduct real-time analytics, minimizing the need for bandwidth and enhancing system responsiveness for mission-critical applications like autonomous vehicle coordination, monitoring of industrial equipment, and management of medical devices. Integration of machine learning (ML) algorithms into gateway solutions provides predictive maintenance features, detection of anomalies, and adaptive network optimization that maximize overall system efficiency and minimize operational expenditures for businesses in different industries. Vietnam's emphasis on smart manufacturing and Industry 4.0 implementation creates substantial demand for AI-enabled gateways that can support complex industrial IoT ecosystems, including robotic systems, automated quality control, and integrated supply chain management platforms. In addition, the incorporation of AI features allows gateway solutions to offer sophisticated security functionalities in the form of threat detection, behavior analysis, and automated response capabilities that safeguard IoT networks from security threats while ensuring peak performance levels for high-value business processes.

Vietnam IoT Gateway 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, connectivity type, and end user.

Component Insights:

• Processor
• Sensor
• Memory and Storage Device
• Others

A detailed breakup and analysis of the market based on the component have also been provided in the report. This includes processor, sensor, memory and storage device, and others.

Connectivity Type Insights:

• Bluetooth
• Wi-Fi
• ZigBee
• Ethernet
• Cellular
• Others

The report has provided a detailed breakup and analysis of the market based on connectivity type. This includes Bluetooth, Wi-Fi, ZigBee, Ethernet, cellular, and others.

End User Insights:

• Automotive and Transportation
• Healthcare
• Consumer Electronics
• BFSI
• Oil and Gas
• Aerospace and Defense
• Others

A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes automotive and transportation, healthcare, consumer electronics, BFSI, oil and gas, aerospace and defense, 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 IoT Gateway Market News:

• August 2024: Infineon Technologies, a worldwide frontrunner in semiconductor solutions, entered into a Memorandum of Understanding (MoU) with the Startup and Innovation Hub of Ho Chi Minh City (SIHUB). This strategic alliance seeks to enhance innovation and teamwork in mobility, energy, and the Internet of Things (IoT), while strengthening Vietnam’s emerging role as a dynamic center for startups. The MoU establishes a cooperation framework that emphasizes sharing knowledge, resources, and effective practices to assist promising startups throughout Vietnam. Both parties are committed to identifying and supporting startups that align with the Vietnamese government's innovation objectives, especially those centered on digital transformation and advanced manufacturing.
• February 2024: Viettel, the top digital telecommunications firm in Vietnam, and Cisco, a global technology leader, have enhanced their collaboration to jointly develop a next-generation network infrastructure aimed at fostering emerging technology and innovation in Vietnam. After a ten-year collaboration with Cisco, Viettel has deployed the Cisco 8000 router series along with the Cisco Crosswork Network Services Orchestrator (NSO) to provide swift and dependable connectivity to enterprises in Vietnam, aiding them in their digital transformation efforts and harnessing the benefits of new technologies.

Vietnam IoT Gateway Market Report Coverage:

Key Questions Answered in This Report:

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