Mobile Phones in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the South Korea mobile phones market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The mobile phone market consists of all cell phones used for mobile telephony. The market is split into two segments: feature phones and smartphones.
The South Korean mobile phones market had total revenues of $10,062.8m in 2017, representing a compound annual growth rate (CAGR) of 6% between 2013 and 2017.
Market consumption volume increased with a CAGR of 5.9% between 2013 and 2017, to reach a total of 27.7 million units in 2017.
Falling demand due to rising unemployment and decreasing wages, coupled with the emergence of cheaper Chinese branded phones, means that South Korean buyers will invest less money into the country’s mobile phones market in the coming years. This will result in the market’s value marginally declining over the forecast period.
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 by both value and volume
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What was the size of the South Korea mobile phones market by value in 2017?
What will be the size of the South Korea mobile phones market in 2022?
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?