Vietnam Smart Mobility Market Size, Share, Trends and Forecast by Technology, Solution, Element, and Region, 2025-2033

Vietnam Smart Mobility Market Overview:

The Vietnam smart mobility market size reached USD 342.65 Million in 2024. The market is projected to reach USD 1,172.45 Million by 2033, exhibiting a growth rate (CAGR) of 13.09% during 2025-2033. The market is expanding due to increasing urbanization, rising traffic congestion, and growing adoption of connected and electric vehicles. Technological advancements, government support for sustainable transport, and the proliferation of ride-sharing and mobility-as-a-service platforms are driving innovation. In addition, strong focus on integrating AI, IoT, and smart infrastructure continues to support Vietnam smart mobility market share across passenger transport, freight logistics, and urban mobility solutions.

Vietnam Smart Mobility Market Trends:

Rising Adoption of Electric Vehicles

In an effort to combat urban air pollution and lower carbon emissions, the Vietnamese government aggressively pushes toward electric vehicles, or EVs. Fleet operators and consumers have been pushed toward electric vehicles by incentives like tax breaks, subsidies, and lower registration costs from customary fuel-powered ones. EVs gain adopters since people know environmental sustainability as fossil fuels become more expensive. The demand for electric automobiles, bikes, with scooters has increased in cities such as Hanoi and Ho Chi Minh City since it reflects shifting consumer preferences for more environmentally friendly transportation modes. Local assembly factories along with charging infrastructure as well as battery swapping stations create a strong ecosystem that is for EV operations. All of them are drawing investment by global firms. Partnerships of tech companies along with automotive manufacturers accelerate deployment of connected EVs given that they improve convenience as well as real-time monitoring capabilities. These advances make transport more efficient. Also, these developments bring reductions in maintenance costs and promote long-term sustainability. Investment within and adoption of EVs are indeed rising and continue for driving market growth, signaling now a shift toward a much cleaner, technology-driven mobility landscape.

Integration of Mobility-as-a-Service Platforms

Mobility-as-a-Service (MaaS) platforms are being integrated at a rapid pace in Vietnam, providing commuters with flexible, on-demand transportation options. Urban population growth and rising smartphone penetration are driving the rapid rise of ride-hailing applications, bike-sharing services, and digital ticketing systems in major cities. Customers are looking for practical substitutes for individual vehicle ownership, which lessens parking issues and traffic jams in crowded cities. In order to better commuter experiences, public transportation operators are also implementing MaaS systems to optimize routes, streamline scheduling, and provide real-time passenger information. Service providers can examine mobility trends, improve energy use, and minimize operational inefficiencies by combining artificial intelligence (AI) and Internet of Things (IoT) technology. Furthermore, collaborations between startups, tech giants, and government agencies are enabling seamless integration of multiple transport modes, from buses and metros to electric scooters and taxis. This interconnected ecosystem facilitates efficient trip planning, cost-effective mobility, and lower environmental impact. As Vietnam continues to invest in digital infrastructure and smart urban planning, the adoption of MaaS platforms is expected to accelerate, boosting connectivity and enhancing overall transport efficiency, which in turn strengthens the Vietnam smart mobility market growth.

Expansion of Smart Infrastructure and Connectivity

Smart mobility solutions in Vietnam are increasingly supported by advanced urban infrastructure and connectivity initiatives. Cities are investing in intelligent traffic management systems, AI-powered signal controls, and integrated transport networks to reduce congestion and improve safety. IoT-enabled sensors, cameras, and GPS tracking allow for real-time monitoring of traffic flow, vehicle density, and public transport performance. This data-driven approach enables predictive maintenance, route optimization, and energy-efficient transport operations. Additionally, smart parking solutions and app-based traffic guidance reduce commuter time and lower emissions. The government is also encouraging the deployment of electric buses, shared autonomous vehicles, and connected fleets as part of broader smart city projects. Such initiatives attract private sector investment in vehicle-to-infrastructure (V2I) and vehicle-to-vehicle (V2V) communication technologies, enhancing mobility efficiency and commuter experience. Increasing internet penetration, 5G deployment, and digital payment adoption further enable seamless integration of multimodal transport solutions. These developments foster safer, more sustainable, and efficient urban mobility while promoting the adoption of connected and electric transport modes. Consequently, continued expansion of smart infrastructure and connectivity significantly supports Vietnam smart mobility market share across passenger and freight transport systems.

Vietnam Smart Mobility 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 level for 2025-2033. Our report has categorized the market based on technology, solution, and element.

Technology Insights:

• 3G and 4G
• Wi-Fi
• Global Positioning System (GPS)
• Radio Frequency Identification (RFID)
• Embedded System
• Others

The report has provided a detailed breakup and analysis of the market based on the technology. This includes 3G and 4G, Wi-Fi, global positioning system (GPS), radio frequency identification (RFID), embedded system, and others.

Solution Insights:

• Traffic Management
• Parking Management
• Mobility Management
• Others

A detailed breakup and analysis of the market based on the solution have also been provided in the report. This includes traffic management, parking management, mobility management, and others.

Element Insights:

• Bike Commuting
• Car Sharing
• Ride Sharing

The report has provided a detailed breakup and analysis of the market based on the element. This includes bike commuting, car sharing, and ride sharing.

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 Smart Mobility Market Report Coverage:

Key Questions Answered in This Report:

• How has the Vietnam smart mobility market performed so far and how will it perform in the coming years?
• What is the breakup of the Vietnam smart mobility market on the basis of technology?
• What is the breakup of the Vietnam smart mobility market on the basis of solution?
• What is the breakup of the Vietnam smart mobility market on the basis of element?
• What is the breakup of the Vietnam smart mobility market on the basis of region?
• What are the various stages in the value chain of the Vietnam smart mobility market? 
• What are the key driving factors and challenges in the Vietnam smart mobility market?
• What is the structure of the Vietnam smart mobility market and who are the key players?
• What is the degree of competition in the Vietnam smart mobility 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 smart mobility market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam smart mobility market.
• Porter's Five Forces analysis assists 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 smart mobility 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.