Report cover image

Korean Gaming Market (Mobile, PC and Console): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

Publisher Koncept Analytics
Published May 03, 2022
Length 90 Pages
SKU # KOAN17152079

Description

Korean Gaming Market (Mobile, PC and Console): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

The Korean gaming market is anticipated to reach US$20.98 billion in 2026, growing at a CAGR of 6.21% during the period spanning 2022-2026. After the U.S., China, and Japan, it is the fourth largest market, accounting for more than 6% of the worldwide gaming industry in 2021.

The growth in the market has been driven by factors like rising smartphone penetration, rapid urbanization, rising gaming subscribers’ penetration rate, expansion of MMORPGs, cross-platform gaming coming to a reality, and surging youth population. The market is expected to face certain challenges such as side effects of excessive gaming and stringent government regulations. To overcome these challenges, the market would witness some key trends like metaverse in gaming industry, adoption of cloud gaming, E-sports, expansion of 5G, rise of cryptocurrency, and integration of board games in cafes.

The Korean gaming market can be segmented as follows: Mobile, PC and Consoles. Mobile held a larger share of the market in 2021. A wide variety of games is popular in Korea and this includes mobile games, PC computer games, and consoles. However, the most frequently accessed and enjoyed type of game in Korea is mobile games.

The Korean gaming market by export value increased at a CAGR of 9.19%. The Korean gaming market value by export category can be segmented as follows: Mobile, PC and Console. In 2021, the dominant share of the market was held by mobile segment.

Scope of the report:
  • The report provides a comprehensive analysis of the Korean gaming market, segmented into Mobile, PC and Consoles.
  • The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
  • The competitive landscape of the market, along with the company profiles of leading players (Netmarble, Pearl Abyss, NCSoft, Nexon, Krafton, and Com2us Corporation) are also presented in detail.
Key Target Audience:
  • Game developers
  • End Users (all age group)
  • IT developers
  • OTT Platforms
  • Investment Banks
  • Government Bodies & Regulating Authorities

Table of Contents

90 Pages
1. Market Overview
1.1 Game
1.1.1 Introduction
Table 1: Importance of Games
1.2 Gaming
1.3 History of Gaming
Table 2: History of Gaming
1.4 Benefits of Games
Table 3: Benefits of Games
1.5 Segments of Gaming and Its Benefits
Table 4: Segments of Gaming
Table 5: Benefits of Segments
1.6 Cloud Based Gaming
1.6.1 Introduction
1.7 Gaming in Korea
1.7.1 Introduction
2. Impact of COVID-19
2.1 Impact of COVID-19 on Korea Gaming Market
2.2 Korea Mobile Game Downloads
Table 6: Korea Mobile Game Downloads (Q4 2019 & Q1 2020)
2.3 Post-COVID Scenario
3. Korean Market Analysis
3.1 Global Gaming Market by Value
Table 7: Global Gaming Market by Value (2017-2021)
3.2 Global Gaming Market Forecast by Value
Table 8: Global Gaming Market Forecast by Value (2022-2026)
3.3 Korean Gaming Market by Value
Table 9: Korean Gaming Market by Value (2017-2021)
3.4 Korean Gaming Market Forecast by Value
Table 10: Korean Gaming Market Forecast by Value (2022-2026)
3.5 Korean Gaming Market by Segments
Table 11: Korean Gaming Market by Segments (2021)
3.2.1 Korean Mobile Gaming Market by Value
Table 12: Korean Mobile Gaming Market by Value (2018-2021)
3.2.2 Korean Mobile Gaming Market Forecast by Value
Table 13: Korean Mobile Gaming Market Forecast by Value (2022-2026)
3.2.3 Korean PC Gaming Market by Value
Table 14: Korean PC Gaming Market by Value (2018-2021)
3.2.4 Korean PC Gaming Market Forecast by Value
Table 15: Korean PC Gaming Market Forecast by Value (2022-2026)
3.2.5 Korean Console Gaming Market by Value
Table 16: Korean Console Gaming Market by Value (2017-2021)
3.2.6 Korean Console Gaming Market Forecast by Value
Table 17: Korean Console Gaming Market Forecast by Value (2022-2026)
3.6 Korean Gaming Market by Export Value
Table 18: Korean Gaming Market by Export Value (2017-2021)
3.7 Korean Gaming Market by Export Category
Table 19: Korean Gaming Market by Export Category (2021)
3.8 Korean Gaming Market by Import Value
Table 20: Korean Gaming Market by Import Value (2017-2021)
3.9 Korean Gaming Market by Import Category
Table 21: Korean Gaming Market by Import Category (2021)
3.10 Korea Cloud Based Gaming Market Forecast by Value
Table 22: Korean Cloud Based Gaming Market Forecast by Value (2020-2026)
3.11 Korea Cloud Based Gaming Subscribers Forecast
Table 23: Korea Cloud Based Gaming Subscribers Forecast (2020-2026)
3.12 Korea Cloud Based Mobile Gamers by Age Group
Table 24: Korea Cloud Based Mobile Gamers by Age Group (2021)
3.13 Korea Cloud Based Computer Gamers by Age Group
Table 25: Korea Cloud Based Computer Gamers by Age Group (2021)
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Rising Smartphone Penetration
Table 26: South Korea Smartphone Penetration (2016-2021)
4.1.2 Rapid Urbanization
Table 27: South Korea Urban Population (2015-2030)
4.1.3 Rising Gaming Subscribers Penetration Rate
Table 28: Korea Gaming Subscribers Penetration Rate (2020-2026)
4.1.4 Expansion of MMORPG
4.1.5 Cross-platform Gaming Coming to a Reality
4.1.6 Surging Youth Population
4.2 Key Trends and Developments
4.2.1 Metaverse in Gaming Industry
4.2.2 Adoption of Cloud Gaming
Table 29: Korea Cloud Market (2018-2022)
4.2.3 E-sports
4.2.4 Expansion of 5G
Table 30: Korea 5G Number of Subscription (Jan’21-Dec’21)
4.2.5 Rise of Cryptocurrency
4.2.6 Integration of Board Games in Cafes
4.3 Challenges
4.3.1 Side Effects of Excessive Gaming
4.3.2 Stringent Government Regulations
5. Competitive Landscape
5.1 Korean Market
5.1.1 Revenues Comparison- Key Players
Table 31: Key Players - Revenues Comparison (2020/2021)
5.1.2 Market Capitalization Comparison- Key Players
Table 32: Key Players – Market Capitalization Comparison (2021)
5.1.3 Games Comparison- Key Players
Table 33: Key Players – Games Comparison (2021)
5.1.4 Market Share- Key Players
Table 34: Key Players – MMORPG Games Converted into Free to Play (2021)
6. Company Profiles
6.1 Nexon Co.Ltd
6.1.1 Business Overview
6.1.2 Financial Overview
Table 35: Nexon Revenue and Net Income (2017-2021)
Table 36: Nexon Revenue by Segment (2021)
Table 37: Nexon Revenue by Products and Services (2021)
Table 38: Nexon Revenue by Region (2021)
6.1.3 Business Strategies
6.2 NC Soft
6.2.1 Business Overview
6.2.2 Financial Overview
Table 39: NC Soft Revenue and Profit of the Year (2016-2020)
Table 40: NC Soft Revenue by Services (2020)
Table 41: NC Soft Revenue by Regions (2020)
6.2.3 Business Strategies
6.3 Pearl Abyss
6.3.1 Business Overview
6.3.2 Financial Overview
Table 42: Pearl Abyss Operating Revenues and Net Income (2018-2021)
6.3.3 Business Strategies
6.4 Krafton
6.4.1 Business Overview
6.4.2 Financial Overview
Table 43: Krafton Revenue and Net Profit (2018-2021)
6.4.3 Business Strategies
6.5 Netmarble
6.5.1 Business Overview
6.5.2 Financial Overview
Table 44: Netmarble Operating Revenue and Net Income (2017-2021)
6.5.3 Business Strategies
6.6 Com2us Corporation
6.6.1 Business Overview
6.6.2 Business Strategies

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us