Mobile Phones in South Korea
Summary
Mobile Phones in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 mobile phones market includes mobile phone service revenues and average minutes of usage (MOU). Market values include revenues from mobile service providers and other members of the mobile service value chain for the provision of mobile telephony services, excluding revenues from the sale of devices. Market volumes cover prepaid and postpaid, which consist of prepaid average monthly MOU and postpaid average monthly MOU. Minutes of use are made up of the average of voice minutes used in mobile subscriptions, including both incoming and outgoing calls, but not including M2M/IoT voice services.
- The South Korean mobile phones market recorded revenues of $21.1 billion in 2023, representing a negative compound annual growth rate (CAGR) of 0.9% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 2.3% between 2018 and 2023, to reach a total of 696.1 average MOU in 2023.
- The South Korean market accounted for 7.0% of the Asia-Pacific mobile phones market in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the mobile phones market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the mobile phones market in South Korea
- Leading company profiles reveal details of key mobile phones market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea mobile phones market with five year forecasts
- What was the size of the South Korea mobile phones market by value in 2023?
- What will be the size of the South Korea mobile phones market in 2028?
- What factors are affecting the strength of competition in the South Korea mobile phones market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's mobile phones market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading players?
- 7.4. What are the recent developments?
- 8 Company Profiles
- 8.1. SK Telecom Co., Ltd.
- 8.2. KT Corporation
- 8.3. LG Uplus Corp
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: South Korea mobile phones market value: $ billion, 2018-23
- Table 2: South Korea mobile phones market volume: Average MOU, 2018-23
- Table 3: South Korea mobile phones market category segmentation: % share, by volume, 2018-2023
- Table 4: South Korea mobile phones market category segmentation: Average MOU, 2018-2023
- Table 5: South Korea mobile phones market geography segmentation: $ billion, 2023
- Table 6: South Korea mobile phones market value forecast: $ billion, 2023-28
- Table 7: South Korea mobile phones market volume forecast: Average MOU, 2023-28
- Table 8: SK Telecom Co., Ltd.: key facts
- Table 9: SK Telecom Co., Ltd.: Annual Financial Ratios
- Table 10: SK Telecom Co., Ltd.: Key Employees
- Table 11: SK Telecom Co., Ltd.: Key Employees Continued
- Table 12: SK Telecom Co., Ltd.: Key Employees Continued
- Table 13: SK Telecom Co., Ltd.: Key Employees Continued
- Table 14: KT Corporation: key facts
- Table 15: KT Corporation: Annual Financial Ratios
- Table 16: KT Corporation: Key Employees
- Table 17: KT Corporation: Key Employees Continued
- Table 18: LG Uplus Corp: key facts
- Table 19: LG Uplus Corp: Annual Financial Ratios
- Table 20: LG Uplus Corp: Key Employees
- Table 21: South Korea exchange rate, 2018-23
- List of Figures
- Figure 1: South Korea mobile phones market value: $ billion, 2018-23
- Figure 2: South Korea mobile phones market volume: Average MOU, 2018-23
- Figure 3: South Korea mobile phones market category segmentation: Average MOU, 2018-2023
- Figure 4: South Korea mobile phones market geography segmentation: % share, by value, 2023
- Figure 5: South Korea mobile phones market value forecast: $ billion, 2023-28
- Figure 6: South Korea mobile phones market volume forecast: Average MOU, 2023-28
- Figure 7: Forces driving competition in the mobile phones market in South Korea, 2023
- Figure 8: Drivers of buyer power in the mobile phones market in South Korea, 2023
- Figure 9: Drivers of supplier power in the mobile phones market in South Korea, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the mobile phones market in South Korea, 2023
- Figure 11: Factors influencing the threat of substitutes in the mobile phones market in South Korea, 2023
- Figure 12: Drivers of degree of rivalry in the mobile phones market in South Korea, 2023
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook