1. Market Research
  2. > Telecom Market Trends
  3. > South Korea: Investments in 5G, IoT and GiGA Internet to Drive Future Telecom Growth

The South Korean Telecom market is one of the most advanced telecom markets globally. Overall telecom services revenue is expected to reach US$53.9bn at the end of 2020. Mobile data will contribute nearly three-fourths of the overall telecom revenue, driven by increased adoption of LTE services and ongoing investments and research activities currently underway for 5G deployment and launch. Operators are focusing more on data-centric plans with unlimited data usage limits, mainly through bundled services offerings. The advancement in the underlying technology will enable operators to offer converged services at relatively lower prices. Competition in the telecom market is stable with the presence of three major players but will likely intensify in the near future owing to the regulator's plan to introduce a fourth operator into the market. The KCC intends to auction spectrum in the 700MHz band during the second half of 2015, which will enable existing operators to become ready for 5G introduction, besides equipping them to offer superior quality broadband services.

Key Findings
- South Korea is the third largest telecom services market in the Asia-Pacific region, after Japan and China, with estimated revenue of US$44.8bn, or 3.1% of nominal GDP in 2015.

- Pyramid Research expects telecom service revenue to reach $53.8bn in 2020 (a 3.7% CAGR), as price competition will remain intense and the adoption of fixed/mobile convergent services will increase pressure on total market revenue.

- The revenue mix will continue to be dominated by mobile services due to ongoing investments in 5G and the advancement of LTE technology by all three operators (SK Telecom, KT and LG U+) in the coming years. Fixed and mobile data revenue will account for 59% of total revenue in 2020, up from 50.2% in 2015.

- The top two operators - SK Telecom and KT (including its pay-TV subsidiary SkyLife), which provides mobile, broadband, TV and fixed voice services - will together account for 74% of overall service revenue in 2015. All operators are focusing on investments, network modernization and multiplay offerings to compete in a challenging environment.

“South Korea: Investments in 5G and GiGA Internet to Drive Future Telecom Growth” provides an executive-level overview of the telecommunications market in South Korea today, with detailed forecasts of key indicators up to 2020. It delivers deep quantitative and qualitative insight into South Korea's telecom market, analyzing key trends, evaluating near-term opportunities and assessing risk factors, based on proprietary data from Pyramid Research's databases.

The Country Intelligence Report provides in-depth analysis of the following:

- Regional context: telecom market size and trends in South Korea compared with other countries in the region.

- Economic, demographic and political context in South Korea.

- The regulatory environment and trends: a review of the regulatory setting and agenda for the next 18-24 months as well as relevant developments pertaining to spectrum licensing, national broadband plans, number portability and more.

- A demand profile: analysis as well as historical figures and forecasts of service revenue from the fixed telephony, broadband, mobile voice, mobile data.

- Service evolution: a look at changes in the breakdown of overall revenue between the fixed and mobile sectors and between voice, data and video from 2013 to 2020.

- The competitive landscape: an examination of key trends in competition and in the performance, revenue market shares and expected moves of service providers over the next 18-24 months.

- In-depth sector analysis of fixed telephony, broadband, mobile voice and mobile data services: a quantitative analysis of service adoption trends by network technology and by operator, as well as of average revenue per line/subscription and service revenue through the end of the forecast period.

- Main opportunities: this section details the near-term opportunities for operators, vendors and investors in South Korea's telecommunications markets.

Reasons To Buy
- Gain in-depth analysis of current strategies and future trends of South Korea's telecommunications market, service providers and key opportunities in a concise format, to build proactive and profitable growth strategies.

- Understand the factors behind ongoing and upcoming trends in South Korea's mobile communications, fixed telephony and broadband markets, including the evolution of service provider market shares, to align product offerings and strategies to meet customers' demand.

- Leverage the graphical information (more than 20 charts and tables in the report based on the Pyramid Research forecast products) to gain an overview of the South Korean telecom market.

- Analysis of key telecom players in the markets and major business strategies being adopted by them, to identify the opportunities to improve the market share.

- Explore novel opportunities to align your product strategies and offerings to meet the requirements and succeed in the challenging telecommunications market in South Korea.

Table Of Contents

South Korea: Investments in 5G, IoT and GiGA Internet to Drive Future Telecom Growth
Table of Contents
Executive summary
Market and competitor overview
Regional context
Economic, demographic and political context
Regulatory environment
Demand profile
Service evolution
Competitive landscape
Major market players
Segment analysis
Mobile services
Fixed services
Identifying opportunities
Overall market opportunities

List of Figures
South Korea telecom market size and growth prospects in a regional context, 2015E
Country indicators
Regulatory structure and policy
Major telecommunications policy issues
South Korea communications market revenue , 2013-2020
Segment revenue CAGRs, 2015-2020
Segment revenues 2013-2020
Service revenue mix: voice, data and video, 2015, 2020
Service revenue mix: fixed and mobile, 2015, 2020
Service revenue by operator, 2015
Key telecom market players
Major telecommunications market players
Mobile subscriptions and penetration, 2013-2020
Key mobile market indicators, 2015
Mobile data revenue mix, 2015, 2020
Total mobile ARPS; data percentage of total mobile ARPS, 2013-2020
Mobile market shares by subscriptions, 2013-2020
Mobile subscriptions by technology family, 2013-2020
Fixed-line penetration of population, 2013-2020
Key fixed market indicators, 2015
Fixed voice revenue, 2013-2020
Internet revenue, 2013-2020
Fixed market shares by service, 2015
Fixed access lines by technology, 2015, 2020
Pay-TV subscriptions by technology, 2013-2020
Opportunities in the South Korean telecommunications market

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
The Latin America telecoms market: trends and forecasts 2016–2021

The Latin America telecoms market: trends and forecasts 2016–2021

  • $ 7 999
  • Industry report
  • September 2016
  • by Analysys Mason

"Roll-out of next-generation access broadband will be the key theme over the next 5 years in the Latin America broadband market." Total telecoms revenue will grow in major Latin America markets, as there ...

The Western Europe telecoms market: trends and forecasts (sixteen countries) 2016–2021

The Western Europe telecoms market: trends and forecasts (sixteen countries) 2016–2021

  • $ 7 999
  • Industry report
  • September 2016
  • by Analysys Mason

"Operators can take advantage of growing high-speed broadband demand by rolling out NGA broadband infrastructure that justifies a price increase." Telecoms revenue in Western Europe will continue to decline ...

The Wireless network data traffic in developed Asia–Pacific: trends and forecasts 2015–2020

The Wireless network data traffic in developed Asia–Pacific: trends and forecasts 2015–2020

  • $ 7 999
  • Industry report
  • July 2016
  • by Analysys Mason

This report presents 5-year forecasts of wireless data traffic for developed Asia–Pacific (DVAP as a whole and for four selected countries: Hong Kong, Japan, South Korea and Taiwan. It analyses ...


Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.