The Vietnam video surveillance (CCTV) market is reported to continue robusting within the next 6 years, owing to infrastructure vertical as one of the most prominent sectors including transportation, public surveillance, smart cities, and utilities. Adopted technological advancement in Big Data, IoT, cloud-based services, prevalent trends of artificial intelligence, deep learning for video surveillance systems, and mobile video surveillance has significantly contributed to the rising demand for surveillance systems. The government & transportation also acquired the largest revenue share of the market pie in the country, resulting from new mandates and policies in improving transportation systems within the next several years.

Vietnam Video Surveillance Market is expected to grow at a CAGR of 12.4% during 2016-2025, similarly to global growing trend (see chart below) and considered as one of the major revenue-generating countries in the region.

Constant change in CCTV technologies

CCTV cameras play a significant role in traffic management. They are usually implemented at sensitive locations on the physical network, where congestion and traffic queues are frequent and at other locations where there is an increased risk of accidents and traffic incidents.

Two types of CCTVs are Analog and IP camera, in which the latter is commonly used in transportation. The IP surveillance cameras will receive control data and send image data via the internet on a cloud storing service called VSaaS (Video Surveillance as a Service). The VSaaS technology will host the hardware and software of video-based security systems in the cloud, so that users can access their IP cameras anywhere they might be through any device and have video footage at their fingertips.

In order to analyze the recorded data, AI technology is applied with a variation of capabilities such as facial, plate, speed and fire detection; traffic violation behaviors, pedestrian recognition, traffic monitoring, parking monitoring, accident detection, weather indication, traffic density tracking, average travel time, and smart cover for privacy.

The latest technology involves algorithms that can profile behaviour based on how people usually behave in certain environments and then picking out those whose behaviour is different from others or inappropriate for the location or situation. These systems take into consideration changes in lighting conditions and can track people as they move from one camera to the next.

 Analog surveillance camera systems have the highest number of installations in the country, however, IP surveillance camera systems account for the largest segment of revenue and market share. For businesses, constant changes in innovative techniques were applied such as mergers and acquisition activities in order to strengthen their business position in the competitive matrix, and manufacturers have realized the need for optimum IP surveillance systems.


Increase in government traffic’s safety management

In 2016, Vietnam witnessed 21,589 traffic accidents which killed 8,685 people, injured 19,280 people, posting year-on-year decline of 5.52 percent, 0.49 percent, and 8.5 percent, respectively, according to the country’s Traffic Police Department. Traffic accidents were noticeably caused by participants that usually take the wrong road/lane, accounted for 25.3% according to the UNECE. Other causes are speeding, change in direction, not giving way, incorrect overtaking, incorrect driving process, alcohols, pedestrian errors, and others.

Prior to strengthening the country’s transportation system, in recent years, the Government has strictly implemented new laws on traffic order and safety, with Resolution No. 12 / NQ-CP in 2019, aiming to reduce traffic accidents and the number of traffic-related casualties from 5% to 10% per year, whilst minimizing traffic congestions on key roads and big cities.

The centralized CCTV system is among the highlighted projects within the issued Resolution, which will be installed initially in 5 big cities (Ha Noi, Hai Phong, Da Nang, HCMC, Can Tho) from 2019 to 2025 and will deploy nationwide from 2022 onwards.

Along with growing awareness of the importance for security in the country, recent economic developments will also play an important hand in pushing the market forward. In accordance with the ASEAN Trade in Goods Agreement (ATIGA), Vietnam has agreed to lower tariff rates to zero on 90 percent of goods. Hence, laying the foundation for increased demand amidst declining prices, as well as increasing IT infrastructure and spending.

Major partners with the government in providing CCTV technologies include Hikvision Digital Technology, Dahua Technology, Bosch Security Systems, KBVision, Hanwha Techwin (Samsung), and VCAM (Viettel).



 The use of cameras based on closed-circuit television (CCTV) technology has proven effective in increasing the confidence of the community in public transport. Some challenges exist in terms of perception overload where the AI technology tends to alarm the human’s harmless abnormal patterns, or limitation in speed detection and the need for a variation of analyzing capabilities from each solution provider. However, as technology does not stop growing along with strengthened government regulations, the future of the CCTV technology in Vietnam is shaped to prosper within the years ahead.


Hebronstar Strategy Consultants
Huynh, Kim Chi Vy / Research Assistant