Forecast: Number of Persons Employed in Software Publishing in South Korea

Based on the data provided, the number of persons employed in software publishing in South Korea stood at 337.2 thousand units in 2023. The employment number has shown consistent growth from 2013 to 2023, with notable increases in specific years such as 2018. Over the past two years, the year-on-year growth was 2.04% in 2022 and 1.93% in 2023. The Compound Annual Growth Rate (CAGR) for the last five years was 1.64%.

Looking forward, the forecasted CAGR for the next five years (2024-2028) is 1.35%, showing a trend of continued but slightly slowing growth. The employment in software publishing is projected to reach 367.4 thousand units by 2028, with an expected growth rate of 6.96% over this period.

Future trends to watch for include the impact of emerging technologies and innovation in software development, potential government policies supporting tech industries, and shifts in global software demand that could influence employment dynamics in South Korea.

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