Software in South Korea
Description
Software in South Korea
Summary
Software in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Software in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Software market encompasses applications used for business operations (e.g., ERP, CRM, etc.), as well as infrastructure software that manages IT systems and operations. The market value represents the revenue generated from sales and subscriptions of various software packages and offerings. It includes both signed deals that remain under contract and the annual revenues associated with new contracts signed within a specific calendar year. This excludes sales opportunities for third-party service providers.
- The South Korean software market recorded revenues of $17.3 billion in 2024, representing a compound annual growth rate (CAGR) of 7.3% between 2019 and 2024.
- The business process applications segment accounted for the market's largest proportion in 2024, with total revenues of $4.0 billion, equivalent to 23.3% of the market's overall value.
- The expansion of South Korea’s software market is driven by robust government initiatives and rapid digitalization across sectors. National programs such as Digital New Deal, K-Cloud Project, and Smart Korea Initiative are encouraging enterprises to accelerate digital transformation through advanced ERP, CRM, and business process applications.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the software market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the software market in South Korea
- Leading company profiles reveal details of key software market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea software market with five year forecasts
- What was the size of the South Korea software market by value in 2024?
- What will be the size of the South Korea software market in 2029?
- What factors are affecting the strength of competition in the South Korea software market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's software market?
Table of Contents
48 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 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
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value 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 strategies do the leading players follow?
- 7.3. What are the strengths of the leading payers?
- 8 Company Profiles
- 8.1. Sony Group Corp
- 8.2. Microsoft Corp
- 8.3. International Business Machines Corp
- 8.4. Oracle 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 software market value: $ million, 2019-24
- Table 2: South Korea software market category segmentation: % share, by value, 2019-24
- Table 3: South Korea software market category segmentation: $ million, 2019-24
- Table 4: South Korea software market geography segmentation: $ million, 2024
- Table 5: South Korea software market value forecast: $ million, 2024-29
- Table 6: Sony Group Corp: Key Facts
- Table 7: Sony Group Corp: Annual Financial Ratios
- Table 8: Sony Group Corp: Key Employees
- Table 9: Microsoft Corp: Key Facts
- Table 10: Microsoft Corp: Annual Financial Ratios
- Table 11: Microsoft Corp: Key Employees
- Table 12: Microsoft Corp: Key Employees Continued
- Table 13: Microsoft Corp: Key Employees Continued
- Table 14: International Business Machines Corp: Key Facts
- Table 15: International Business Machines Corp: Annual Financial Ratios
- Table 16: International Business Machines Corp: Key Employees
- Table 17: International Business Machines Corp: Key Employees Continued
- Table 18: Oracle Corp: Key Facts
- Table 19: Oracle Corp: Annual Financial Ratios
- Table 20: Oracle Corp: Key Employees
- Table 21: Oracle Corp: Key Employees Continued
- Table 22: South Korea Exchange Rate, 2019-24
- List of Figures
- Figure 1: South Korea software market value: $ million, 2019-24
- Figure 2: South Korea software market category segmentation: $ million, 2019-24
- Figure 3: South Korea software market geography segmentation: % share, by value, 2024
- Figure 4: South Korea software market value forecast: $ million, 2024-29
- Figure 5: Forces driving competition in the software market in South Korea, 2024
- Figure 6: Drivers of buyer power in the software market in South Korea, 2024
- Figure 7: Drivers of supplier power in the software market in South Korea, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the software market in South Korea, 2024
- Figure 9: Factors influencing the threat of substitutes in the software market in South Korea, 2024
- Figure 10: Drivers of degree of rivalry in the software market in South Korea, 2024
Search Inside Report
Pricing
Currency Rates
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.
