South Korea Mobile Phones - Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Mobile Phones in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). 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 use (MOU). Market values are made up of total mobile revenues containing 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 are made up of two segments: prepaid and postpaid, which consist of prepaid average monthly MOU and postpaid average monthly MOU. Minutes of use are made up from 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 had total revenues of $23.1 billion in 2021, representing a compound annual growth rate (CAGR) of 0.8% between 2016 and 2021.
- Market consumption volume increased with a CAGR of 2.2% between 2016 and 2021, to reach a total of 658.8 average MOU in 2021.
- The South Korean mobile phones market has saturated due to the high penetration of smartphones in the country.
- 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 2021?
- What will be the size of the South Korea mobile phones market in 2026?
- 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?
Companies Mentioned
SK Telecom Co., Ltd.
KT Corporation
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Market rivalry
- 1.6. 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 Outlook
- 4.1. Market value forecast
- 4.2. Market volume forecast
- 5 Five Forces Analysis
- 5.1. Summary
- 5.2. Buyer power
- 5.3. Supplier power
- 5.4. New entrants
- 5.5. Threat of substitutes
- 5.6. Degree of rivalry
- 6 Competitive Landscape
- 6.1. Who are the leading players?
- 6.2. What strategies do leading players follow?
- 7 Company Profiles
- 7.1. SK Telecom Co., Ltd.
- 7.2. KT Corporation
- 7.3. LG Uplus Corp
- 8 Macroeconomic Indicators
- 8.1. Country data
- 9 Appendix
- 9.1. Methodology
- 9.2. Industry associations
- 9.3. Related MarketLine research
- 9.4. About MarketLine
- List of Tables
- Table 1: South Korea mobile phones market value: $ billion, 2017–21
- Table 2: South Korea mobile phones market volume: Average MOU, 2017–21
- Table 3: South Korea mobile phones market value forecast: $ billion, 2021–26
- Table 4: South Korea mobile phones market volume forecast: Average MOU, 2021–26
- Table 5: SK Telecom Co., Ltd.: key facts
- Table 6: SK Telecom Co., Ltd.: Annual Financial Ratios
- Table 7: SK Telecom Co., Ltd.: Key Employees
- Table 8: KT Corporation: key facts
- Table 9: KT Corporation: Annual Financial Ratios
- Table 10: KT Corporation: Key Employees
- Table 11: KT Corporation: Key Employees Continued
- Table 12: KT Corporation: Key Employees Continued
- Table 13: LG Uplus Corp: key facts
- Table 14: LG Uplus Corp: Annual Financial Ratios
- Table 15: LG Uplus Corp: Key Employees
- Table 16: South Korea size of population (million), 2017–21
- Table 17: South Korea gdp (constant 2005 prices, $ billion), 2017–21
- Table 18: South Korea gdp (current prices, $ billion), 2017–21
- Table 19: South Korea inflation, 2017–21
- Table 20: South Korea consumer price index (absolute), 2017–21
- Table 21: South Korea exchange rate, 2017–21
- List of Figures
- Figure 1: South Korea mobile phones market value: $ billion, 2017–21
- Figure 2: South Korea mobile phones market volume: Average MOU, 2017–21
- Figure 3: South Korea mobile phones market value forecast: $ billion, 2021–26
- Figure 4: South Korea mobile phones market volume forecast: Average MOU, 2021–26
- Figure 5: Forces driving competition in the mobile phones market in South Korea, 2021
- Figure 6: Drivers of buyer power in the mobile phones market in South Korea, 2021
- Figure 7: Drivers of supplier power in the mobile phones market in South Korea, 2021
- Figure 8: Factors influencing the likelihood of new entrants in the mobile phones market in South Korea, 2021
- Figure 9: Factors influencing the threat of substitutes in the mobile phones market in South Korea, 2021
- Figure 10: Drivers of degree of rivalry in the mobile phones market in South Korea, 2021
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