Vietnam IoT in Transportation Market Size, Share, Trends and Forecast by Type, Mode of Transport, Application, and Region, 2026-2034

Report Format: PDF+Excel | Report ID: SR112025A44215

Vietnam IoT in Transportation Market Overview:

The Vietnam IoT in transportation market size reached USD ‎778.58 ‎Million in 2025. The market is projected to reach USD 2,878.89 Million by ‎2034‎, exhibiting a growth rate (CAGR) of 15.64% during 2026-2034. The Internet of Things (IoT) in transportation market is driven by strong government policies, expanding digital infrastructure, and rising demand for efficiency and safety. Supportive regulations, 5G-enabled connectivity, and real-time data applications foster innovation, reduce risks, and ensure sustainable modernization of transport systems, influence the Vietnam IoT in transportation market share.

Report Attribute	Key Statistics
Base Year	2025
Forecast Years	2026-2034
Historical Years	2020-2025
Market Size in 2025	USD ‎778.58 ‎Million
Market Forecast in 2034	USD 2,878.89 Million
Market Growth Rate 2026-2034	15.64%

Vietnam IoT in Transportation Market Trends:

Governmental Initiatives and Policy Support

The Vietnam IoT in Transportation sector is rapidly advancing due to robust policy focus and government-driven efforts to upgrade the nation’s transport infrastructure. The governing body is emphasizing intelligent transportation systems within its wider digital transformation and Industry 4.0 initiatives, incorporating IoT implementation into national development objectives. Policies focus on improving road safety, increasing logistics efficiency, and minimizing congestion by implementing connected technologies. Regulatory structures are progressively adapting to support IoT-based solutions, promoting standardization, interoperability, and secure implementation within transportation networks. Moreover, government-funded infrastructure projects are fostering a favorable atmosphere for the incorporation of IoT in both public and private transport systems. The governing authority’s proactive approach minimizes uncertainty for businesses, encourages investment in smart mobility technologies, and enhances Vietnam’s overall capabilities for connected transportation. Through the creation of a defined roadmap that connects IoT implementation with sustainable development and urbanization objectives, the governing body guarantees that transportation advancement is organized and expandable.

Technological Advancements and Connectivity Expansion

The continuous improvement of Vietnam's digital infrastructure and communication technologies is greatly facilitating IoT integration in transportation. Increased mobile broadband availability, the ongoing rollout of 5G, and advancements in cloud computing and data management establish the technological groundwork necessary for dependable and extensive IoT applications. Transportation systems are increasingly reliant on the collection, processing, and sharing of real-time data, requiring fast and low-lag connections. Telecom companies are gradually launching dedicated IoT connectivity services to aid in vehicle tracking, traffic surveillance, and smart routing. The increase in connectivity improves the scalability and dependability of IoT integration within the transportation industry. Moreover, the growth of data centers and enhanced analytical capabilities allow for more efficient processing of large volumes of transportation-related data, which further boosts operational efficiency. Collectively, these technological improvements guarantee that the IoT framework in transportation can advance with optimal performance, reliability, and safety.

Rising Demand for Efficiency and Safety in Transport Systems

The increasing need for safer, more efficient, and environment-friendly transportation is a significant factor propelling IoT adoption in Vietnam's transportation industry. Economic expansion, swift urban development, and the growing mobility demands are creating strain on current systems, emphasizing the need for digital solutions to tackle congestion, delays, and safety issues. IoT technologies facilitate real-time vehicle monitoring, predictive maintenance, optimized routing, and smart traffic management, which together improve reliability and lower expenses. Companies in logistics, passenger services, and public transport are increasingly prioritizing IoT integration to enhance competitiveness, satisfy client demands, and align with sustainability objectives. Safety remains a paramount issue, as IoT solutions assist in reducing accidents via monitoring, alert systems, and enhanced driver management. The alignment of operational effectiveness and safety demands forms a compelling rationale for implementing IoT in the transportation sector. This demand-driven change guarantees ongoing investment and innovation, positioning performance enhancement and risk mitigation as crucial factor impelling the Vietnam IoT in transportation market growth.

Vietnam IoT in Transportation 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 2026-2034. Our report has categorized the market based on type, mode of transport, and application.

Type Insights:

Hardware
Software
Services

A detailed breakup and analysis of the market based on type have also been ‎provided in the report. This includes hardware, software, and services.

Mode of Transport Insights:

Roadways
Railways
Airways
Maritime

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

Application Insights:

Traffic Congestion Control Systems
Automotive Telematics
Reservation, Toll, and Ticketing Systems
Security and Surveillance Systems
Remote Monitoring
Others

A detailed breakup and analysis of the market based on application have also been ‎provided in the report. This includes traffic congestion control systems, automotive telematics, reservation, toll, and ticketing systems, security and surveillance systems, remote monitoring, 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 in Transportation Market News:

September 2025: Infineon Technologies signed a Memorandum of Understanding (MoU) with the Startup & Innovation Hub (Sihub) in Ho Chi Minh City to foster IoT innovation in Vietnam. The partnership focuses on various areas including, mobility, supporting local start-ups and promoting sustainable technological advancements. This collaboration aligns with Vietnam’s national goals to enhance innovation and entrepreneurship in the tech sector.
May 2025: Vietnam Airlines and FPT signed an MOU to accelerate digital transformation and enhance client experiences in aviation. This partnership will integrate Generative AI, Cloud Computing, and IoT solutions across the airline’s operations. Their goal is for Vietnam Airlines to become a fully digital airline by 2025, setting new industry standards.

Vietnam IoT in Transportation Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2025
Historical Period	2020-2025
Forecast Period	2026-2034
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: Type Mode of Transport Application Region
Types Covered	Hardware, Software, Services
Modes of Transport Covered	Roadways, Railways, Airways, Maritime
Applications Covered	Traffic Congestion Control Systems, Automotive Telematics, Reservation, Toll, and Ticketing Systems, Security and Surveillance Systems, Remote Monitoring, 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 IoT in transportation market performed so far and how will it perform in the coming years?
What is the breakup of the Vietnam IoT in transportation market on the basis of type?
What is the breakup of the Vietnam IoT in transportation market on the basis of mode of transport?
What is the breakup of the Vietnam IoT in transportation market on the basis of application?
What is the breakup of the Vietnam IoT in transportation market on the basis of region?
What are the various stages in the value chain of the Vietnam IoT in transportation market?
What are the key driving factors and challenges in the Vietnam IoT in transportation market?
What is the structure of the Vietnam IoT in transportation market and who are the key players?
What is the degree of competition in the Vietnam IoT in transportation 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 in transportation market from 2020-2034.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam IoT in transportation 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 in transportation 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.

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