Vietnam Artificial Intelligence Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 14.96% (2024-2032)
The market is rapidly expanding, driven by increasing digitalization, rising e-commerce activities, favourable governmental policies, advancements in healthcare technology, the development of smart cities, and growing collaborations between educational institutions and tech companies. According to the latest report by IMARC Group, the Vietnam artificial intelligence market size is projected to exhibit a growth rate (CAGR) of 14.96% during 2025-2033.
Vietnam Artificial Intelligence Market Trends and Drivers
The market is majorly driven by the government's strong commitment to digital transformation through initiatives such as the National Strategy on AI by 2030, which has provided policy support and investment incentives for AI development. The growing availability of big data and cloud computing infrastructure has enhanced AI capabilities, enabling businesses to leverage machine learning and automation solutions. Also, the increasing demand for AI-driven applications in sectors such as healthcare, finance, and manufacturing has accelerated the deployment of intelligent systems to improve efficiency and decision-making. The rising local AI startups and innovation hubs have fostered technological advancements, leading to the development of AI-driven solutions tailored to domestic market needs. Further, the expanding collaborations between Vietnamese universities and international tech firms have strengthened AI research, talent development, and innovation. The integration of AI into smart city initiatives, including traffic management, security, and public services, is driving large-scale AI adoption. In line with this, the increasing penetration of AI-powered automation in business operations, such as customer service chatbots and predictive analytics, has enhanced productivity and cost savings. The growing investment from venture capital firms and multinational corporations is fuelling the expansion of AI technology across various sectors.
The scope of the market in Vietnam is expanding as new technological advancements and strategic investments shape the industry's future. As per market analysis, the increasing application of AI in e-commerce, including personalized recommendations and automated inventory management, is enhancing customer experience and business efficiency, thus providing impetus for the market. Additionally, the rising AI-driven cybersecurity solutions are addressing growing concerns over data privacy and digital threats, strengthening the market's role in national security and thus creating a positive outlook for the market. Furthermore, the integration of AI in agriculture, such as precision farming and automated monitoring systems, is improving productivity and sustainability, thus providing a boost to product demand. In addition to this, the adoption of AI-powered fintech solutions, such as fraud detection, robo-advisors, and digital lending platforms, is also transforming the financial sector. Moreover, the expansion of AI in education, through intelligent tutoring systems and adaptive learning platforms, is revolutionizing personalized learning experiences, thus creating lucrative opportunities for the market.
Vietnam Artificial Intelligence Market Segmentation
The market report offers a comprehensive analysis of the segments, highlighting those with the largest market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments:
Component Insights:
- Hardware
- Software
- Services
Technology Insights:
- Machine Learning
- Natural Language Processing
- Others
Industry Insights:
- IT and Telecom
- Healthcare
- Retail and E-Commerce
- Logistics and Transportation
- Manufacturing
- Consumer Electronics
- BFSI
- Others
Regional Insights:
- Northern Vietnam
- Central Vietnam
- Southern Vietnam
For an in-depth analysis, you can refer to a sample copy of the report: https://www.imarcgroup.com/vietnam-artificial-intelligence-market/requestsample
Competitive Landscape
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Key highlights of the report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current, and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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