Vietnam Digital Signage Industry Overview
The Vietnamese digital signage market is partially fragmented and consists of several major players. In terms of market share, few major players currently dominate the market. However, many companies are increasing their market presence with innovative solutions by securing new contracts and tapping new markets. The major players include Net & Com Integrated Telecom, Vodatel Integrated Solutions Vietnam Co. Limited, NEC Corporation (Vietnam), ATT Systems Group (Vietnam), Inavate AV, and Ingram Micro (Intel Corporation).
- December 2022 - According to the Vietnamese government, South Korean electronics behemoths Samsung and LG plan to invest billions of dollars more in Vietnam. Samsung made the statement after reducing smartphone manufacturing in Vietnam twice this year in response to weakening demand worldwide. The largest single foreign investor in Vietnam, Samsung Electronics, will increase its overall investment to USD 20 billion from USD 18 billion.
- February 2022 - To meet the rising demand for electrical construction materials in Vietnam, Panasonic Corporation announced that Panasonic Life Solutions Vietnam Co., Ltd., with its headquarters in Binh Duong province, Socialist Republic of Vietnam, would build a new building on the grounds of its current factory. With an estimated expenditure of 1.3 billion yen (9.88 million USD), this will be the company's second factory capable of producing wiring devices and circuit breakers. Production at the new facility is anticipated to begin in April 2023.
Vietnam Digital Signage Market Leaders
-
NEC Corporation
-
AT&T Inc.
-
LG Corporation
-
Net & Com Integrated Telecom
-
Intel Corporation
- *Disclaimer: Major Players sorted in no particular order
