Vietnam Internet of Things (IoT) Market to Grow at 24.03% CAGR through 2025
Growing adoption of cloud computing & smart devices and rising inclination towards artificial intelligence to drive Vietnam Internet of Things (IoT) market through 2025. According to TechSci Research report, “ Vietnam Internet of Things Market By Platform (Network Management, Application Management and Device Management), By Component (Hardware, Services and Software), By Type (B2B, B2C, B2G), By Application (Consumer Electronics, Smart Mobility & Transportation, Building & Home Automation, Connected Logistics, Smart Retail, and Others), By Region (North Vietnam, Central Vietnam and South Vietnam), Competition, Forecast & Opportunities, 2015 – 2025” , Vietnam internet of things market stood at USD 2022.21 Million in 2019 and is projected to grow at a CAGR of around 24.03 % to reach USD 7321.92 Million by 2025. Increasing demand for technological advancements coupled with rising internet penetration is boosting demand for connected devices across Vietnam. Th...