Vietnam Software as a Service (SaaS) Market - Industry Size, Share, Trends, Opportunity and Forecast, 2027 | TechSci Research

Vietnam Software as a Service (SaaS) market is expected to grow with a steady CAGR for the forecast period, 2023-2027. The development of the ICT infrastructure in the country and the growing demand from the prominent industry verticals such as healthcare, telecommunication, retail, telecommunication, and other sectors are driving the demand of the Vietnam Software as a Service market. The growing adoption of cloud services by organizations as they offer several advantages such as scalability, affordability, improved accessibility. Software as a Service help organizations to reduce the up-front cost as it requires no up-front licensing fees and is subscription-based. It also helps in converting capital expenses into operational expenses as it eliminates the need for additional hardware and middleware and significantly reduces the installation and implementation costs. The adoption of Software as a Service by organizations to lower unpredictable costs of managing, patching, and updating the data is bolstering the market growth. The expected roll-out of 5G technology and the high internet penetration, along with the proliferation of the smart devices in the country, is contributing to the Vietnam Software as a Service market growth.

Vietnam Software as a Service market is segmented into business application, offering, organization size, deployment, end user, regional distribution, and company. Based on the deployment, the market is bifurcated into the cloud and on-premises. The cloud segment is expected to dominate the Vietnam Software as a Service market for the forecast period, 2023-2027. The growing digitalization across the country and can provide improved access to resources and solutions. The adoption of cloud servers eliminates the need for organizations to maintain on-premises servers that makes them highly affordable.

Access Full Report? Inquiry Here@ 
https://www.techsciresearch.com/sample-report.aspx?cid=7917

The major players operating in the Vietnam Software as a Service market are Microsoft Vietnam LLC, Oracle Vietnam Pte Ltd, SAP Vietnam Co. Ltd., Adobe, Inc, Salesforce.com Inc, Saigon Technology, FPT Software, IBM Vietnam Co., Ltd., Cisco Systems Vietnam, Amazon Web Services, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market.

Objective of the Study:

  • To analyze the historical growth of the market size of Vietnam Software as a Service market from 2017 to 2020.
  • To estimate and forecast the market size of Vietnam Software as a Service market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast Vietnam Software as a Service market based on business application, offering, organization size, deployment, end user, regional distribution, and company.
  • To identify dominant region or segment in the Vietnam Software as a Service.
  • To identify drivers and challenges for Vietnam Software as a Service.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam Software as a Service.
  • To identify and analyze the profile of leading players operating in Vietnam Software as a Service.
  • To identify key sustainable strategies adopted by market players in Vietnam Software as a Service market.


TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of Vietnam Software as a Service market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Click here to download the sample

Key Target Audience:

  • Software as a Service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers

·         Organizations, forums, and alliances related to Software as a Service market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Business Application

·         Offering

·         Organization Size

·         Deployment

·         End User

Regional scope

Northern; Central; Southern

Key companies profiled

Microsoft Vietnam LLC, Oracle Vietnam Pte Ltd, SAP Vietnam Co. Ltd., Adobe, Inc, Salesforce.com Inc, Saigon Technology, FPT Software, IBM Vietnam Co., Ltd., Cisco Systems Vietnam, Amazon Web Services.

Customization scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Vietnam Software as a Service market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Vietnam Software as a Service Market, By Business Application:

    • Marketing
    • Customer Relationship Management
    • Business Operations
    • Finance
    • Data-base Management
    • Enterprise Resource Planning
    • Others
  • Vietnam Software as a Service Market, By Offering:
    • Horizontal SaaS
    • Vertical SaaS
  • Vietnam Software as a Service Market, By Organization Size:
    • Large Enterprises
    • SMEs
  • Vietnam Software as a Service Market, By Deployment:
    • Cloud
    • On-Premises
  • Vietnam Software as a Service Market, By End User:
    • Manufacturing
    • Healthcare
    • IT & Telecom
    • Retail
    • Education
    • BFSI
    • Others
  • Vietnam Software as a Service Market, By Region:
    • North
    • South
    • Central

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vietnam Software as a Service market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

Website: https://www.techsciresearch.com

Comments

Post a Comment

Popular posts from this blog

Saudi Arabia Inductor Market Analysis By Inductance, Size, Share, Trend, Competition, Future Growth Forecast 2027 | TechSci Research

Image
Saudi Arabia inductor market is expected to grow at a steady CAGR during the forecast period. The rise in the demand for consumer electronics and the growing per capita income of middle-class families is increasing consumers' expenditure capacity, which is considered the major driving factor for the growth of the inductor market in the forecast period. The growing adoption of electric vehicles due to the surge in awareness regarding the harmful emissions into the environment is expected to support the growth of the Saudi Arabia inductor market. The surge in the government initiatives to boost other industries growth to diversify the income sources and reduce the dependency on the oil industry as the oil industry is considered the major income-generating industry in Saudi Arabia is expected to foster the demand for semiconductor-related industries, which in turn is influencing the inductor market growth. Ongoing initiatives such as Neom city, National Transformation Program, and th...
Read more

Global Multi-Cloud Management Market Analysis By Platform, Size, Share, Trend, Competition, Future Growth Forecast 2027 | TechSci Research

Global multi-cloud management market is expected to grow at a significant CAGR during the forecast period. Growing implementation of multi cloud management solutions by enterprises across the globe is one of the key factors due to which the market is anticipated to rev up during the forecast years. Moreover, ambiguity about single cloud reliability is positively impacting the growth of market during the forecast period. Furthermore, adoption of micro-services for cloud native applications is expected to bolster the growth of market over the next few years. However, lack of security might act as major impediment to the growth of global multi-cloud management market in the years to come. The global multi-cloud management market is segmented based on  platform, service type, deployment mode, application, end user , company, and region. Based on   platform, the market can be categorized into internal brokerage enablement and external brokerage enablement. Out of which, the extern...
Read more

Vietnam Telecom Market Demand Is Driven By The Proliferation Of Smartphones And Increase In The Fixed Broadband Subscribers | TechSci Research

Image
According to TechSci Research,  Vietnam Telecom market is expected to grow at a steady CAGR in the forecast period, 2023-2027. The proliferation of smartphones and increase in the fixed broadband subscribers is driving the demand of the Vietnam Telecom market. The growing demand for high-speed connectivity by the customers and the massive expenditure for the deployment of the 5G technology are expected to influence the market growth. The use of 5G technology can facilitate autonomous cars and other smart devices and equipment to obtain real-time information. The shift in customers' preference for the adoption of next-generation technologies and getting real-time data from the customers are contributing to the Vietnam Telecom market growth.  The COVID-19 pandemic and the work from home facility provided to the employees is surging the demand for broader bandwidth. The growing adoption of the internet of things technology among the prominent industry verticals to get real-time ...
Read more