South Korea Telecommunication Services Market Summary, Competitive Analysis and Forecast to 2027
Summary
Telecommunication Services in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
The telecommunication services market is defined as the total volume and value of both the fixed line and the wireless telecommunications market. The market volume here is defined as the number of fixed-line and wireless subscriptions.
The South Korean telecommunication services market had total revenues of $29.8 billion in 2022, representing a compound annual growth rate (CAGR) of 0.2% between 2017 and 2022.
Market consumption volume increased with a CAGR of 1.9% between 2017 and 2022, to reach a total of 123.3 million total subscriptions in 2022.
South Korea’s share in the Asia-Pacific telecommunication services market stood at 4.4% in 2022. The growth in 2022 is attributed to the growing proportion of internet users and the increasing mobile subscriber penetration rate.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the telecommunication services market in South Korea
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the telecommunication services market in South Korea
Leading company profiles reveal details of key telecommunication services market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the South Korea telecommunication services market with five year forecasts
Reasons to Buy
What was the size of the South Korea telecommunication services market by value in 2022?
What will be the size of the South Korea telecommunication services market in 2027?
What factors are affecting the strength of competition in the South Korea telecommunication services market?
How has the market performed over the last five years?
What are the main segments that make up South Korea's telecommunication services 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 are the strategies of leading players?
7.3. What are the recent developments in the markets?
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 telecommunication services market value: $ billion, 2017-22
Table 2: South Korea telecommunication services market volume: million Total Subscriptions, 2017-22
Table 3: South Korea telecommunication services market category segmentation: % share, by value, 2017-2022
Table 4: South Korea telecommunication services market category segmentation: $ billion, 2017-2022
Table 5: South Korea telecommunication services market geography segmentation: $ billion, 2022
Table 6: South Korea telecommunication services market value forecast: $ billion, 2022-27
Table 7: South Korea telecommunication services market volume forecast: million Total Subscriptions, 2022-27
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: KT Corporation: key facts
Table 12: KT Corporation: Annual Financial Ratios
Table 13: KT Corporation: Key Employees
Table 14: KT Corporation: Key Employees Continued
Table 15: LG Uplus Corp: key facts
Table 16: LG Uplus Corp: Annual Financial Ratios
Table 17: LG Uplus Corp: Key Employees
Table 18: South Korea size of population (million), 2018-22
Table 19: South Korea gdp (constant 2005 prices, $ billion), 2018-22
Table 20: South Korea gdp (current prices, $ billion), 2018-22
Table 21: South Korea inflation, 2018-22
Table 22: South Korea consumer price index (absolute), 2018-22
Table 23: South Korea exchange rate, 2018-22
List of Figures
Figure 1: South Korea telecommunication services market value: $ billion, 2017-22
Figure 2: South Korea telecommunication services market volume: million Total Subscriptions, 2017-22
Figure 3: South Korea telecommunication services market category segmentation: $ billion, 2017-2022
Figure 4: South Korea telecommunication services market geography segmentation: % share, by value, 2022
Figure 5: South Korea telecommunication services market value forecast: $ billion, 2022-27
Figure 6: South Korea telecommunication services market volume forecast: million Total Subscriptions, 2022-27
Figure 7: Forces driving competition in the telecommunication services market in South Korea, 2022
Figure 8: Drivers of buyer power in the telecommunication services market in South Korea, 2022
Figure 9: Drivers of supplier power in the telecommunication services market in South Korea, 2022
Figure 10: Factors influencing the likelihood of new entrants in the telecommunication services market in South Korea, 2022
Figure 11: Factors influencing the threat of substitutes in the telecommunication services market in South Korea, 2022
Figure 12: Drivers of degree of rivalry in the telecommunication services market in South Korea, 2022