The Vietnam talent management software (TMS) market size reached USD 64.80 Million in 2024. The market is projected to reach USD 194.82 Million by 2033, exhibiting a growth rate (CAGR) of 13.01% during 2025-2033. Factors such as the increasing AI integration and digital transformation across Vietnamese enterprises, government initiatives to support the digital economy, and the availability of abundant IT talent pool are driving the growth of the market. Moreover, the increasing cloud-based deployment mode adoption and growing demand for skill-based hiring practices are the factors which enhancing Vietnam talent management software (TMS) market share.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 64.80 Million |
Market Forecast in 2033 | USD 194.82 Million |
Market Growth Rate 2025-2033 | 13.01% |
AI Integration and Digital Transformation in Talent Management
Interest in AI and automation technology is soaring high among Vietnamese companies as they are trying to transform the way their human resources (HR) operations are carried out, with hiring, performance management and employee learning becoming increasingly dependent on AI driven tools. Enterprises take advantage of generative AI to optimize the creation of job descriptions, automatically screen candidates, and improve interviews with smarter chatbots and virtual assistants. Vietnamese enterprises are especially interested in deploying AI-powered analytics for workforce planning, predictive employee retention modelling and personalized career development recommendations. The integration extends beyond basic automation to include sophisticated machine learning algorithms that analyze employee behavior patterns, skills gaps, and performance trends to provide actionable insights for strategic decision-making. This tech-enabled shift is empowering HR departments to move away from a focus on administrative tasks, toward strategic workforce planning and an increased ability to positively influence organizational efficiency and employee satisfaction across Vietnam's rapidly digitizing economy.
Cloud-Based Solutions and Government Digital Transformation Support
Vietnam's commitment to digital transformation is creating a favorable environment for cloud-based talent management solutions, with government initiatives actively promoting the adoption of digital technologies across all sectors of the economy. The National Digital Transformation Programme is driving unprecedented investment in digital infrastructure and encouraging businesses to modernize their operations through cloud computing adoption. Vietnamese organizations are increasingly recognizing the benefits of cloud-based talent management platforms, including reduced infrastructure costs, enhanced scalability, improved data security, and seamless remote access capabilities that support hybrid work environments. Vietnam talent management software (TMS) market growth is being accelerated by regulatory support for data protection and cybersecurity frameworks that provide confidence in cloud adoption, while also ensuring compliance with evolving international standards for data governance and privacy protection.
IT Talent Development and Skills-Based Hiring Growth
Vietnam's thriving IT sector and expanding technology workforce are driving significant demand for sophisticated talent management solutions that can effectively identify, develop, and retain high-skilled technical professionals across diverse industry verticals. The country's robust education system produces a steady stream of STEM graduates who require specialized onboarding, continuous learning platforms, and career progression frameworks that can adapt to rapidly evolving technology landscapes. Companies are investing heavily in talent management systems that support skills-based hiring practices, competency mapping, and adaptive learning pathways to address the growing demand for AI, machine learning, data science, and cloud computing expertise. The competitive nature of Vietnam's talent market, particularly in technology sectors, is compelling organizations to implement comprehensive talent acquisition and retention strategies that include advanced analytics for identifying high-potential candidates, predictive modeling for employee satisfaction, and personalized development programs. This trend is extending beyond traditional IT companies to encompass manufacturing, financial services, and government organizations that are undergoing digital transformation and require technology-savvy professionals to drive innovation and operational efficiency.
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, deployment type, end user, and vertical.
Component Insights:
The report has provided a detailed breakup and analysis of the market by component. This includes solutions (workforce planning, learning management, compensation management, talent acquisition, and performance management) and services (professional services, training and education, and support and maintenance).
Deployment Type Insights:
A detailed breakup and analysis of the market based on deployment type have also been provided in the report. This includes on-premises and cloud-based.
End User Insights:
The report has provided a comprehensive analysis of the market based on end user. This includes small and medium enterprises and large enterprises.
Vertical Insights:
A detailed breakup and analysis of the market based on vertical have also been provided in the report. This includes BFSI, healthcare, IT and telecom, retail, manufacturing, education, government, media and entertainment, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.
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.
Report Features | Details |
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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:
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Components Covered |
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Deployment Types Covered | On-premises, Cloud-based |
End Users Covered | Small and Medium Enterprises, Large Enterprises |
Verticals Covered | BFSI, Healthcare, IT and Telecom, Retail, Manufacturing, Education, Government, Media and Entertainment, 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:
Key Benefits for Stakeholders: