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Telecommunication Services in South Korea

Publisher MarketLine
Published Jun 19, 2025
Length 43 Pages
SKU # MTLN20391167

Description

Telecommunication Services in South Korea

Summary

Telecommunication Services in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 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
  • Telecommunication services market is segmented into fixed and wireless telecommunication services.
  • The South Korean telecommunication services market recorded revenues of $26.8 billion in 2024, representing a negative compound annual growth rate (CAGR) of 0.3% between 2019 and 2024.
  • Market consumption volume increased with a CAGR of 3.2% between 2019 and 2024, reaching a total of 135.9 million subscriptions in 2024.
  • In 2024, the revenue of South Korea’s telecommunication services market grew by 1.3% annually, due to the increase in the proportion of internet users. According to the World Bank, in 2024, the proportion of internet users in South Korea's total population reached 97.6%, up from 97.4% in the previous year.
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 by both value and volume
Reasons to Buy
  • What was the size of the South Korea telecommunication services market by value in 2024?
  • What will be the size of the South Korea telecommunication services market in 2029?
  • 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?

Table of Contents

43 Pages
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 key market players?
7.2. What strategies do the key market players follow?
7.3. What are the most recent market developments?
8 Company Profiles
8.1. SK Telecom Co Ltd
8.2. KT Corp
LG Uplus Corp 37
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, 2019-24
Table 2: South Korea telecommunication services market volume: million subscriptions, 2019-24
Table 3: South Korea telecommunication services market category segmentation: % share, by value, 2019-24
Table 4: South Korea telecommunication services market category segmentation: $ billion, 2019-24
Table 5: South Korea telecommunication services market geography segmentation: $ billion, 2024
Table 6: South Korea telecommunication services market value forecast: $ billion, 2024-29
Table 7: South Korea telecommunication services market volume forecast: million subscriptions, 2024-29
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: SK Telecom Co Ltd: Key Employees Continued
Table 12: SK Telecom Co Ltd: Key Employees Continued
Table 13: KT Corp: Key Facts
Table 14: KT Corp: Annual Financial Ratios
Table 15: KT Corp: Key Employees
Table 16: KT Corp: Key Employees Continued
Table 17: KT Corp: Key Employees Continued
Table 18: LG Uplus Corp: Key Facts
Table 19: LG Uplus Corp: Annual Financial Ratios
Table 20: LG Uplus Corp: Key Employees
Table 21: South Korea Exchange Rate, 2019-24
List of Figures
Figure 1: South Korea telecommunication services market value: $ billion, 2019-24
Figure 2: South Korea telecommunication services market volume: million subscriptions, 2019-24
Figure 3: South Korea telecommunication services market category segmentation: $ billion, 2019-24
Figure 4: South Korea telecommunication services market geography segmentation: % share, by value, 2024
Figure 5: South Korea telecommunication services market value forecast: $ billion, 2024-29
Figure 6: South Korea telecommunication services market volume forecast: million subscriptions, 2024-29
Figure 7: Forces driving competition in the telecommunication services market in South Korea, 2024
Figure 8: Drivers of buyer power in the telecommunication services market in South Korea, 2024
Figure 9: Drivers of supplier power in the telecommunication services market in South Korea, 2024
Figure 10: Factors influencing the likelihood of new entrants in the telecommunication services market in South Korea, 2024
Figure 11: Factors influencing the threat of substitutes in the telecommunication services market in South Korea, 2024
Figure 12: Drivers of degree of rivalry in the telecommunication services market in South Korea, 2024

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