Market for Laptop and Tablet PC in Vietnam
Market Overview
In
, the Vietnamese laptop and tablet pc market increased by
% to $
, rising for the third consecutive year after three years of decline. In general, consumption showed a buoyant expansion. Over the period under review, the market attained the maximum level at $
in 2015; however, from 2016 to
, consumption stood at a somewhat lower figure.
In value terms, laptop and tablet pc production declined to $
in
estimated in export price. Overall, production, however, showed prominent growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by
%. Over the period under review, production reached the maximum level at $
in 2015; however, from 2016 to
, production failed to regain momentum.





In value terms, laptop and tablet pc production declined to $





Consumption
Laptop and tablet pc consumption in Vietnam rose slightly to
units in
, with an increase of
% on the year before. Over the period under review, consumption recorded a resilient expansion. Laptop and tablet pc consumption peaked at
units in 2015; however, from 2016 to
, consumption failed to regain momentum.
The size of the laptop and tablet pc market in Vietnam totaled $
in
, approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed prominent growth. Over the period under review, the market attained the peak level at $
in 2015; however, from 2016 to
, consumption stood at a somewhat lower figure.





The size of the laptop and tablet pc market in Vietnam totaled $




Market Forecast
Driven by increasing demand for laptop and tablet pc in Vietnam, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +
% for the period from
to
, which is projected to bring the market volume to
units by the end of
.





Market Structure
In
, the share of imports in total consumption accounted for
% in value terms and
% in physical terms. The share of imports decreased moderately (-
percentage point) over the period under review.




Trade Balance
Vietnam remains a net exporter of laptop and tablet pc; in physical and value terms, exports consistently exceeded imports from 2007 to
. In
, there was a significant trade surplus of
units, which was equal to $
. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.




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