AsemconnectVietnam - Smart traffic infrastructure is becoming one of the Government's major priority areas, in which AI surveillance and penalty cameras are considered an important tool for traffic management and operation, contributing to the national digital transformation strategy.

Resolution 76/NQ-CP (April 10, 2025) and Resolution 1313/NQ-UBTVQH15 on ensuring traffic order and safety have also created a clear legal corridor for investment, opening up sustainable market opportunities in the coming period.
Being part of the ELCOM ITS Smart Traffic Ecosystem, AI surveillance cameras developed by ELCOM are highly appreciated for their advanced technology, scalability and full compliance with domestic and international technical standards. This solution is effectively supporting localities in enhancing monitoring and surveillance of the situation, detecting and handling violations, ensuring security and order and optimizing traffic operations, both in the inner city and on key highways.
Growth potential and position of ELCOM
According to IMARC Group - an international group of market research and global strategy consulting, the Vietnamese CCTV camera market will reach about USD516 million in 2024, with a forecasted compound growth rate (CAGR) of 19.12%/year in the period 2025-2033. By 2033, the scale could reach USD2.49 billion. In particular, the AI camera segment serving traffic monitoring and fines is expected to account for an increasingly large proportion as urbanization increases rapidly, traffic participation behavior becomes more complex and the need for modern urban management becomes urgent.
In that context, ELCOM is affirming its pioneering role by implementing many large-scale AI Camera projects with a total value of hundreds of billions of VND/project in many provinces, cities and highways across the country. In the inner city, thousands of AI surveillance cameras have been installed in many localities such as Thanh Hoa, Phu Tho, Lao Cai, Yen Bai, Hue City, Nghe An... At the same time, these AI surveillance Camera systems have also been deployed on key highways such as Nha Trang - Cam Lam Highway, Dien Chau - Bai Vot Highway, Cau Gie - Ninh Binh Highway... and are expected to continue to expand in the coming time.
The key difference of ELCOM is not only the ability to deploy quickly and synchronously, but also the ability to integrate "end-to-end" technology solutions: from hardware devices, smart video analysis software, to data integration platforms and connections to the national traffic management system. This helps ELCOM create a sustainable competitive advantage over individual suppliers.
This AI surveillance camera system has now integrated many important core technologies, solving many "difficult problems" for authorities in traffic management. Accordingly, the AI surveillance camera has the ability to measure vehicle traffic, analyze vehicle flows to support infrastructure planning; identify and track vehicles and people, effectively serving the state management of security and order.
When deployed in practice, this technology allows real-time image analysis, detecting more than 20 types of traffic violations, identifying and tracking vehicles and people, counting traffic to support planning, and at the same time, early warning of unusual situations related to security.
According to Mr. Pham Minh Thang - General Director of ELCOM, the upcoming direction will be to develop more features for situation forecasting, proactive warning and exploiting big data to serve traffic management and urban planning. More importantly, all image data and analysis will be organized by ELCOM into a strategic data source, capable of connecting with the national database. This is a long-term digital asset, bringing added value beyond the scope of traffic monitoring for Vietnam.
Motivation from public investment
Current AI Camera installation projects mainly come from the public investment budget for national digital infrastructure, creating a stable, sustainable and more predictable source of revenue than many other technology fields, especially in the context of the Government strongly prioritizing traffic digitalization, leading enterprises like ELCOM will benefit directly.
In parallel with public capital, the trend of partially socializing infrastructure is also opening up opportunities for public-private partnerships (PPP), allowing enterprises to participate more deeply in the process of operation, maintenance and data exploitation. This is a new space that opens up opportunities for ELCOM to provide additional value-added services in the future such as traffic analysis, smart urban integration, multi-layer security solutions, etc. According to the company's leaders, ELCOM is strategically positioning itself based on major orientations: expanding the international market; capturing market share with pioneering advantages in urban and expressway smart traffic bidding packages; developing value-added products and services based on big data; and strengthening public-private cooperation to develop a comprehensive smart traffic ecosystem.
With this strategy, ELCOM is not only a technology provider, but also a strategic partner in the process of digitalizing national traffic, thereby becoming a "Make in Vietnam" technology enterprise that makes its mark on the world map.
N.Nga
Source: VITIC/Tinnhanhchungkhoan