09:15 04/11/2021

Local enterprises gaining share in cybersecurity market

Phạm Vinh

Foreign enterprises pretty much dominated Vietnam’s cybersecurity market in the past but it is now quite balanced, with Vietnamese enterprises gaining in many respects. Local cybersecurity enterprises are working to raise their annual revenue by 35-45 per cent and secure a share of over 50 per cent in a market of $500 million by 2025.

Photo:  Illustration
Photo: Illustration