Vietnam Semiconductor Market 2030 Forecast Report: Growth Drivers, Size, and Trends

Jul 24, 2025 - 11:53
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According to TechSci Research report, “Vietnam Semiconductor Market – By Region, Competition Forecast & Opportunities, 2030FVietnam Semiconductor Market has valued at USD 18.6 billion in 2024 and is expected to reach USD 28.8 Billion in 2030 and project robust growth in the forecast period with a CAGR of 7.4% through 2030. This impressive growth trajectory underscores Vietnam’s emergence as a significant player in the global semiconductor industry, fueled by increasing digitalization and a surge in demand for next-generation technologies.

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As a critical enabler of digital infrastructure, semiconductors lie at the heart of innovations across key industries, including telecommunications, automotive, industrial automation, healthcare, and consumer electronics. Vietnam is strategically capitalizing on this trend through government-backed initiatives, infrastructure development, and the growing presence of international semiconductor firms.

Key Market Drivers

1. Surge in 5G Network Deployment

The rollout of 5G technology is a primary catalyst behind the growing demand for semiconductors in Vietnam. The fifth generation of mobile connectivity requires advanced components such as radio frequency (RF) chips, baseband processors, and power management ICs to ensure seamless, high-speed, and low-latency communications. As Vietnam rapidly expands its 5G coverage, the semiconductor sector is witnessing increasing investments in infrastructure to meet growing demand.

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2. Proliferation of AI and Edge Computing

Artificial Intelligence (AI) adoption is transforming sectors like healthcare, manufacturing, finance, and mobility. This transformation demands specialized semiconductor solutions including AI accelerators, neural processing units (NPUs), and edge computing chips capable of real-time data processing with minimal latency. These high-performance components are essential for supporting deep learning, natural language processing, and image recognition applications, driving continued growth in the market.

3. IoT Expansion Across Industries

The explosion of Internet of Things (IoT) applications—from smart cities and connected homes to precision agriculture and industrial automation—has created a burgeoning demand for microcontrollers, connectivity chips, and sensor solutions. Semiconductor components are essential to the functioning of these connected devices, enabling real-time data collection, control, and analytics across diverse applications.

4. Automotive Electronics and Electrification

The automotive industry is increasingly dependent on semiconductor technologies to support Advanced Driver-Assistance Systems (ADAS), infotainment units, EV powertrains, and in-vehicle networking. As electric vehicle (EV) adoption accelerates in Vietnam, the demand for automotive-grade semiconductors continues to rise. These components not only enable functionality but also play a crucial role in enhancing vehicle safety, performance, and energy efficiency.

Technology Analysis: The Rise of the 28nm Node Size

Market Leadership and Versatility

The 28nm node size has emerged as the dominant segment within the Vietnam semiconductor market and is expected to maintain this leadership throughout the forecast period. This technology node provides an optimal balance between performance, power efficiency, and cost, making it suitable for a wide range of applications such as smartphones, IoT devices, and automotive electronics.

Driving Performance in Consumer and Industrial Devices

As demand grows for high-performance and energy-efficient devices, especially in mobile and battery-powered applications, 28nm chips offer a compelling value proposition. Their processing power and reduced power consumption make them ideal for use in compact devices that require long battery life and consistent performance.

Automotive Sector Boost

The widespread integration of electronics in vehicles has significantly increased demand for 28nm chips. These semiconductors are essential in enabling real-time data processing for ADAS, digital cockpits, and connected car features, all of which require high reliability and thermal stability in automotive environments.

Established Manufacturing and Economies of Scale

The maturity of 28nm manufacturing processes means companies benefit from economies of scale, lower production costs, and higher yields. Vietnam’s increasing focus on semiconductor fabrication and assembly further supports this trend, allowing domestic and international companies to capitalize on existing infrastructure.

Government Support Enhancing 28nm Ecosystem

The Vietnamese government’s proactive approach to attracting semiconductor manufacturing—through tax holidays, infrastructure development, and skilled labor initiatives—has created a conducive environment for 28nm node size manufacturing. This has encou

Market Segments Covered into Report:

  • Vietnam Semiconductor Market, By Component:

o   Memory Devices

o   Logic Devices

o   Analog IC

o   MPU

o   MCU

o   Sensors

o   Discrete Power Devices

o   Others

  • Vietnam Semiconductor Market, By Node Size:

o   28nm

o   40nm

o   65nm

o   90nm

o   120nm

o   130nm         

  • Vietnam Semiconductor Market, By Application:

o   IT & Telecommunication

o   Defense and Military

o   Industrial

o   Consumer Electronics

o   Automotive

o   Others

  • Vietnam Semiconductor Market, By Type:

o   Intrinsic Semiconductor

o   Extrinsic Semiconductor

  • Vietnam Semiconductor Market, By Material Type:

o   Silicon

o   Germanium

o   Gallium Arsenide

Key market players in the Vietnam Semiconductor market are:-

  • Samsung Electronics Co., Ltd.
  • Intel Corporation
  • Texas Instruments Incorporated
  • SK Hynix Inc.
  • Qualcomm Incorporated 
  • MediaTek Inc.
  • Renesas Electronics Corporation
  • Micron Technology, Inc.
  • Broadcom Inc.
  • NXP Semiconductors N.V.

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