Vietnam Sports Broadcasting Media (Television and Telecommunications) Landscape
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Vietnam Sports Broadcasting Media Market Overview
The Vietnam telecom and pay-TV service market size was valued at $6.3 billion in 2021. The market is expected to grow at a CAGR of almost 1% during the forecast period, 2021-2026, primarily supported by growth in mobile data and fixed broadband segments.
The Vietnam sports broadcasting media market research report provides an overview of the television and telecommunications market in relation to sports broadcasting in Vietnam today, with top-level data and detailed forecasts of key indicators up to 2026. The report analyses the television, mobile handset, and residential fixed-line broadband sectors, as well as a review of major sports media rights.
Vietnam Sports Broadcasting Media Market Outlook
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Vietnam Sports Broadcasting Media Market Segmentation by Broadcasters
The key broadcasters in the Vietnam sports broadcasting media market are Vietnam Television (VTV), FPT Telecom Joint Stock Company (FPT Telecom), K+, and SPOTV. Along with a portfolio of free-on-air television channels, Vietnam Television (VTV) is also the largest cable and satellite television provider in the country through its controlling divisions. Besides the traditional broadcasting business, VTV also operates streaming service VTVGo.
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Vietnam Sports Broadcasting Media Market Segmentation by Sectors
The key sectors in the Vietnam sports broadcasting media industry are TV services, mobile services, and fixed broadband services.
TV Services: The number of Vietnam households with one or more television sets increased to 25.5 million in 2021. Pay-TV operators had 15.2 million subscribers in 2021 and is expected to grow in the coming years. Cable TV accounted for over 50% share of the total pay-TV subscriptions in 2021 and will remain the leading pay-TV service platform during the projected period. The IPTV segment is also likely to witness considerable growth in the forthcoming years mostly due to the improving fixed broadband infrastructure in the country, which supports the delivery of high-quality IPTV services. Vietnam Television (VTV) led the pay-TV market share of total pay-TV subscriptions in 2021.
Mobile Services: The growth in mobile subscriptions in Vietnam will be driven by increasing multi-SIM ownership in the country. The nation’s three largest mobile network operators (MNOs) – Viettel, VNPT’s Vinaphone, and MobiFone accounted for over 90% of the country’s total mobile subscriptions in 2021.
Fixed Broadband Services: Total fixed broadband lines in Vietnam will grow from 19.4 million in 2021 to 24.1 million by 2026, driven by growing demand for high-speed fiber broadband services in the country and ongoing efforts from the government in expanding broadband coverage.
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Vietnam Sports Broadcasting Media Market - Competitive Landscape
The key players in the Vietnam sports broadcasting media market are Viettel, VNPT, Mobifone, FPT, VTV, K+, and Others. Viettel leads the mobile service market in 2021 in Vietnam. However, Vietnam Television (VTV) led the pay-TV market in 2021.
Vietnam Sports Broadcasting Media Market, Leading Players
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Vietnam Sports Broadcasting Media Market Report Overview
Market Revenue (2021) | $6.3 billion |
CAGR (2021-2026) | ~1% |
Key Sectors | TV Services, Mobile Services, and Fixed Broadband Services |
Leading Players | Viettel, VNPT, Mobifone, FPT, VTV, K+, and Others |
Key Highlights
- Cable TV accounted for maximum share of the total pay-TV subscriptions in 2021 and will remain the leading pay-TV service platform during 2021-2026.
- 4G subscription share will increase considerably from 2021 to 2026, supported by ongoing LTE network expansion by the mobile network operators (MNOs)
- Fiber lines will continue to be the leading residential fixed broadband technology in Vietnam over the forecast period.
Reasons to Buy
- This Sports Broadcasting Media Report offers a thorough, forward-looking analysis of the Vietnam television and telecommunications markets, and service providers in a concise format to help executives build proactive and profitable growth strategies.
- Accompanying GlobalData’s Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in the Vietnam pay-TV, SVOD, mobile handset, and residential fixed broadband markets, including the evolution of service provider market shares.
- With various charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
K+
MobiFone
SPOTV
Viettel
Vinaphone
VNPT
VTV
Table of Contents
Frequently asked questions
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What was the Vietnam telecom and pay-TV market size in 2021?
The telecom and pay-TV market size in Vietnam was valued at $6.3 billion in 2021.
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What is the Vietnam sports broadcasting media market growth rate?
The Vietnam sports broadcasting media market is projected to grow at a CAGR of almost 1% during the 2021-2026.
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What are the key sectors in the Vietnam sports broadcasting media market?
The top sectors in the Vietnam sports broadcasting media market are TV services, mobile services, and fixed broadband services.
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Who are the leading players in the Vietnam sports broadcasting media market?
The leading players in the Vietnam sports broadcasting media market are Viettel, VNPT, Mobifone, FPT, VTV, K+, and others.
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