Category: Banking & Financial Services
South Korea Banking & Financial Services
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Debit Cards in South Korea
... fundamental factors; namely the declining teenage population and the surging prominence of mobile payment methods. In the context of South Korea, debit cards have traditionally found their principal user base among teenagers, particularly those who ... Read More
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Financial Cards and Payments in South Korea
... the widespread adoption of mobile financial services, a trend that has gained significant traction, especially in response to the challenges posed by the pandemic. Local governments, with Seoul leading the way, are spearheading innovative initiatives ... Read More
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Consumer Lending in South Korea
... on card lending (encompassing card purchases and loans against the card) has notably risen in 2023 to outperform gross lending. Due to increased loan requirements by banks to mitigate delinquency rates, consumers with low creditworthiness ... Read More
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Confectionery Packaging in South Korea
... disposable income. Consequently, many consumers cut back their spending on non-essential items such as confectionery, and recovery has not yet been seen across the main categories. Although continuing to decline, chocolate confectionery saw only a ... Read More
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South Korea Artificial Intelligence in Fintech Market: Prospects, Trends Analysis, Market Size and Forecasts up to 2030
... study of the South Korea market. Moreover, the report provides deep insights into demand forecasts, market trends, and, micro and macro indicators in the South Korea market. Also, factors that are driving and restraining the ... Read More
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South Korea Ecommerce Market Opportunities Databook - 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics - Q2 2023 Update
... Update According to PayNXT360’s, Ecommerce market in South Korea is expected to grow by 8.75% on annual basis to reach US$249.8 billion in 2022. Medium to long term growth story of Ecommerce industry in South ... Read More
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South Korea Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend - Q2 2023 Update
... market dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 75+ market segments and sub-segments of prepaid payment instrument in South Korea. Develop market specific strategies: Identify growth segments and target specific opportunities ... Read More
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South Korea PESTLE Insights - A Macroeconomic Outlook Report
... retail, and hotels (9.4%) in 2022. The three sectors are forecast to grow by 6.5%, 5.7%, and 3.0%, respectively, in 2023. Seoul, Busan, and Incheon contributed 31.9% of the country’s GDP and comprised 30.7% of ... Read More
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South Korea Unsecured Business Loans Market By Type (Term Business Loan, Overdraft, Loan on Business Credit Cards, Working Capital Loan, Others), By Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises), By Provider (Banks, NBFCs, Credit Unions): Opportunity Analysis and Industry Forecast, 2022-2031
... Unions): Opportunity Analysis and Industry Forecast, 2022-2031 The South Korea unsecured business loans market is a vital component of the economic landscape of the country. It offers financial assistance to businesses of all sizes, enabling ... Read More
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Macro - Country Economic Forecasts - South Korea
... gradual global recovery and maintained our below-consensus 2023 growth forecast at 0.5%. We think South Korea will narrowly avoid a technical recession, but exports will continue to struggle while domestic demand momentum will weaken further. Read More
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South Korea Banks Market Summary, Competitive Analysis and Forecast to 2027
... profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The banks industry profile comprises activities of banks and similar institutions, offering savings, ... Read More
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South Korea Credit Cards Market Summary, Competitive Analysis and Forecast to 2027
... 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 credit cards profile covers the consumer ... Read More
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South Korea B2C Ecommerce Market Opportunities Databook – 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics - Q1 2023 Update
... 2023 Update According to PayNXT360’s, B2C Ecommerce market in South Korea is expected to grow by 8.75% on annual basis to reach US$249.8 billion in 2023._x000C__x000C_The Medium to long-term growth story of B2C Ecommerce industry ... Read More
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Asia-Pacific Payment Analytics Software Market - By Type (Web-Based, Cloud-Based); By Organization Size (Large Enterprises, Small & Medium-sized Enterprises); By Country (China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Philippines, Vietnam, Rest of APAC), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
... Rest of APAC), Trend Analysis, Competitive Landscape & Forecast, 2019–2029 Asia-Pacific Payment Analytics Software Market Size Grows at CAGR of 5.4% During 2023–2029 Asia-Pacific payment analytics software market is gaining traction because of the growing ... Read More
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Asia-Pacific (APAC) Contactless Payment Market, 2028 - By Solution (Payment Gateways, Payment Processing, Payment Security, Fraud Management, Point of Sale, Payment Wallet); Services (Professional Services, Managed Services); By Deployment (Cloud-based, On-Premises); By Organization Size (Large Enterprises, Small and Medium-sized Enterprises (SMEs)); By End User (BFSI, Retail and Ecommerce, Healthcare, Travel and Hospitality, Media and Entertainment, IT and Telecom, Others); By Country (China, India, Japan, South Korea, Malaysia, Thailand, Rest of Asia-Pacific), Trend Analysis, Competitive Market Share & Forecast, 2018-2028
... Enterprises, Small and Medium-sized Enterprises (SMEs)); By End User (BFSI, Retail and Ecommerce, Healthcare, Travel and Hospitality, Media and Entertainment, IT and Telecom, Others); By Country (China, India, Japan, South Korea, Malaysia, Thailand, Rest of ... Read More
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South Korea Statutory and Private Employee Benefits (including Social Security) - Insights into Statutory Employee Benefits such as Retirement Benefits, Long-term and Short-term Sickness Benefits, Medical Benefits as well as Other State and Private Benefits, 2022 Update
... 2022 Update Summary The South Korean social security system comprises social insurance, public assistance, and social welfare services. The main component is the social insurance program and the most important sector, concerning resources and expansion, ... Read More
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Macro - Country Economic Forecasts - South Korea
... outlook and see South Korea's GDP growing 2.5% in 2022 and 2.4% in 2023. Key downside risks will stem from worsening repercussions of the war in Ukraine and US interest rate expectations moving even higher. Read More
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South Korea Payments Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... Samsung Pay, Mastercard, Apple Pay, and American Express, to accept and transfer payments, and South Korea is no way behind. With increasing internet penetration and rapid growth in online retailing, this trend is expected to ... Read More
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South Korea E-Commerce Market and Forecast 2022 - 2028
... analysis of the fast-evolving, high-growth e-commerce market. The report offers the most up-to-date industry data on the actual market situation and future outlook for the South Korea e-commerce market. The report provides historical market data ... Read More
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Macro - Country Economic Forecasts - South Korea
... 0.3ppts to 2.5% in 2022 and 0.4ppts to 2.4% in 2023. These downward revisions reflect downgrades in our China GDP growth forecasts, worsening of global supply-chain disruptions, and impact on domestic demand of higher-than-expected inflation. Read More
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South Korea Banks Market Summary, Competitive Analysis and Forecast, 2017-2026
... also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The banks industry profile comprises activities of banks and similar institutions, offering savings, loans, ... Read More
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South Korea Credit Cards - Market Summary, Competitive Analysis and Forecast, 2017-2026
... 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 credit cards profile covers the consumer credit cards ... Read More
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South Korea Buy Now Pay Later Business and Investment Opportunities Databook – 75+ KPIs on Buy Now Pay Later Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q1 2022 Update
... Report Description According to PayNXT360’s Q4 2021 BNPL Survey, BNPL payment in South Korea is expected to grow by 76.0% on annual basis to reach US$ 5389.0 million in 2022. Medium to long term growth ... Read More
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South Korea Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... South Korea increased at a CAGR of 9.3% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 7.9%, increasing from US$24.51 billion in 2022 to ... Read More
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