Vietnam Video Surveillance Market (2023-2029) | Forecast, Size, Analysis, Growth, Trends, Value, Revenue, Outlook, Industry, Share, Segmentation & COVID-19 IMPACT

Vietnam Video Surveillance Market report comprehensively covers the Vietnam video surveillance market by component types, by applications. and by regions. Vietnam video surveillance market outlook report provides an unbiased and detailed analysis of the video surveillance market on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Vietnam Video Surveillance Market Synopsis

Vietnam Video Surveillance Market is anticipated to grow in the forecast period on the account of the growing construction sector upcoming new hotels & shopping malls and rapid urbanization in the country. The market for video surveillance in Vietnam is likely to witness continued growth owing to increasing concerns related to public safety and security, growing adoption of IP cameras along with rising demand for wireless and spy cameras in the years to come. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in the overall market growth.

According to 6Wresearch, Vietnam Video Surveillance Market size is projected to grow at CAGR of 6.0% during 2020-2026. The outburst of coronavirus is expected to adversely impact the Vietnam video surveillance market in 2020 as the government has imposed nation-wide lockdown resulting in the closure of all business operations which would impact the demand and supply of video surveillance systems. However, post-COVID-19 the video surveillance market is expected to recover as the economy would resume the normalcy after a protracted period of nationwide lockdown. Additionally, the development of new smart city projects in Vietnam would create more avenues for the deployment of surveillance systems in the coming years. By type, the camera component held the highest revenue share in 2019 due to the universal application of video surveillance for security in various establishments and is likely to maintain its dominance during the forecast period as well.

Market Analysis by Vertical

On the basis of verticals, the government and transportation vertical held the major revenue share in the Vietnam video surveillance market in 2019 and would continue to maintain its dominance during the forecast period as well due to several advantages of video surveillance such as remote monitoring, transportation management, and increased public safety. Further, the rising security concerns among people along with the growing number of residential sector developments in the country would bode well for the demand for video surveillance solutions in the residential domain in the years to come.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects

Key Highlights of the Report

• Vietnam Video Surveillance Market Overview
• Vietnam Video Surveillance Market Outlook
• Vietnam Video Surveillance Market Size and Forecast for the period, 2016-2026F
• Historical Data of Vietnam Video Surveillance Market Revenues and Volume for the period, 2016-2019
• Market size and Forecast of Vietnam Video Surveillance Market Revenues and Volume until 2026F
• Historical Data of Vietnam Video Surveillance Market Revenues for the period, By Applications, 2016-2019
• Market size and Forecast of Vietnam Video Surveillance Market Revenues, By Applications until 2026F
• Historical Data of Vietnam Video Surveillance Market Revenues and Volume for the period, By Component Types, 2016-2019
• Market size and Forecast of Vietnam Video Surveillance Market Revenues and Volume, By Component Types until 2026F
• Historical Data of Vietnam Video Surveillance Market Revenues and Volume for the period, By Regions, 2016-2019
• Market size and forecast of Vietnam Video Surveillance Market Revenues and Volume, By Regions until 2026F
• Market Drivers and Restraints
• Vietnam Video Surveillance Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Vietnam Video Surveillance Market Opportunity Assessment
• Vietnam Video Surveillance Market Revenue Share, By Company
• Vietnam Video Surveillance Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

• By Component Types
• Camera
• Analog
• IP/ Network
• Recorder
• Network Video Recorder (NVR)
• Digital Video Recorder (DVR)
• Encoder
• Software
• By Applications
• BFSI (Banking, Financial Services & Insurance)
• Government & Transportation
• Retail & Logistics
• Commercial Offices
• Residential Sector
• Hospitality and Healthcare
• Industrial and Manufacturing
• Others (Public Venues, Tourism and Educational Institutions)
• By Regions
• Northern
• Central
• Southern

 Frequently Asked Questions About the Market Study:

• Does the report consider COVID-19 impact?
  The report not only has considered COVID-19 impact but also current market dynamics, trends and KPIs into consideration.

• How much growth is expected in the Vietnam Video Surveillance Market over the coming years?
  The Vietnam Video Surveillance Market revenue is anticipated to record a CAGR of 6.0% during 2020-2026.

• Which segment has captured key share of the market?
  Camera segment are the leading market segment in the overall market revenues in the year 2019.

• Which segment is exhibited to gain traction over the forecast period?
  Government and Transportation vertical is expected to record key growth throughout the forecast period 2020-2026.

• Who are key the key players of the market?
  The key players of the market include- Hangzhou Hikvision Digital Technology Co., Ltd., Honeywell International Inc., Panasonic Vietnam Co., Ltd, Hanwha Techwin Co. Ltd., Axis Communications AB, Sony Corporation, Robert Bosch Vietnam Co., Ltd., Zhejiang Dahua Technology Co. Ltd., Avigilon Corporation, Pelco - Transom Capital

• Is customization available in the market study?
  Yes, we can do customization as per your requirements. Please feel free to write to us sales@6wresearch.com for any customized or any other requirements

• We also want to have market reports for other countries/regions.
  6Wresearch has the database of more than 60 countries globally, which can make us your first choice of all your research needs.

Other Key Reports Available:

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• APAC Video Surveillance Market (2020-2026F)
• Global Video Surveillance Market (2020-2026F)