Vietnam Telecom Market: Riding The Digital Wave With 5G And Consumer Demand 2025-2033

(MENAFN- IMARC Group) The Vietnam telecom market is experiencing steady evolution, underpinned by growing digital connectivity, increasing mobile usage, and expanding infrastructure. The market was valued at USD 6.49 Billion in 2024 , and is projected to reach USD 7.32 Billion by 2033 , growing at a CAGR of 1.28% during 2025-2033 . Southern Vietnam currently dominates the market, holding a significant market share of over 35.3% in 2024. The telecom market was led by data and messaging services in 2024, which made up 57.6% of the total share. Additionally, the consumer segment held the largest share of the telecom market in 2024 at 83.8%.

Key Highlights

• Market Size (2024): USD 6.49 Billion
• Forecast (2033): USD 7.32 Billion
• CAGR (2025–2033): 1.28%
• Top Region: Southern Vietnam with 35.3% market share
• Leading Segment (2024):
  • Service: Data and messaging services (57.6% share)
  • User: Consumer segment (83.8% share)

Vietnam is accelerating its digital transformation. The ongoing rollout of 5G infrastructure , combined with growing internet penetration and smartphone usage, is reshaping user behavior and telecom strategies. Providers are investing heavily in digital services , cloud-based platforms, and IoT connectivity , particularly to support smart cities, remote education, and e-governance.

Request Sample For PDF Report: https://www.imarcgroup.com/vietnam-telecom-market/requestsample

Key Market Trends and Growth Drivers

• 5G Expansion: Major telecom operators like Viettel, VNPT, and MobiFone are investing in nationwide 5G rollout , starting with key urban areas.
• Mobile-First Usage: With Vietnam's young, digitally savvy population, mobile internet and OTT platforms are gaining dominance.
• Cloud & Enterprise Services: Businesses are driving demand for cloud hosting, virtual conferencing, and cybersecurity , pushing B2B telecom services.
• Government Push: National programs encouraging digital economy growth and ICT development are fostering long-term stability in the sector.

Vietnam Telecom Industry Segmentation

By Service Type:

• Voice Services
  • Wired
  • Wireless
• Data and Messaging Services
• OTT and PayTV Services

By User Type:

• Consumer
• Business

By Network Type:

• 2G
• 3G
• 4G
• 5G

By Region:

• Northern Vietnam
• Central Vietnam
• Southern Vietnam (Dominant region with 35.3% market share in 2024)

Latest Developments in the Vietnam Telecom Industry

• June 2025: VNPT announces partnerships with foreign technology providers to scale 5G infrastructure and launch enterprise-grade cloud solutions.
• April 2025: Viettel launched a 5G innovation lab in Hanoi , promoting R&D for smart cities and IoT applications.
• January 2025: Vietnam's Ministry of Information and Communications revealed plans to expand 5G coverage to rural provinces by 2026 , ensuring equitable access to digital services.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales[@]imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-201971-6302

MENAFN05082025004122016232ID1109885868