Media in South Korea

Media in South Korea

Summary

Media in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The media industry is segmented into advertising, broadcasting & cable TV, publishing, and movies & entertainment.
• The South Korean media industry recorded revenues of $33.6 billion in 2023, representing a negative compound annual growth rate (CAGR) of 0.7% between 2018 and 2023.
• The broadcasting & cable TV segment accounted for the industry's largest proportion in 2023, with total revenues of $15.3 billion, equivalent to 45.3% of the industry's overall value.
• According to GlobalData, South Korea captured a share of 6.4% in the Asia-Pacific media industry, in 2023.

Scope

• Save time carrying out entry-level research by identifying the size, growth, and leading players in the media market in South Korea
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the media market in South Korea
• Leading company profiles reveal details of key media market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the South Korea media market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the South Korea media market by value in 2023?
• What will be the size of the South Korea media market in 2028?
• What factors are affecting the strength of competition in the South Korea media market?
• How has the market performed over the last five years?
• How large is South Korea’s media market in relation to its regional counterparts?