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