South Korea - Digital Economy - Historical

Report Cover Image

Last updated: 9 Apr 2015 Update History

Report Status: Archived

Report Pages: 19

Analyst: Paul Budde

Synopsis

The widespread adoption of the Internet in South Korea coupled with the continued pace of development has resulted in an exciting digital economy. This report looks at various aspects of the digital economy in South Korea that support the drive to converged services. It includes statistics on e-commerce users and market size, e-banking and online trading; a review of e-entertainment and various e-services such as online shopping learning, gaming and music. The report also contains information on internet usage patterns and provides internet statistics and forecasts to 2019.

Key Developments:

  • internet usage rate (population penetration) approaches 80% and over 82% of households have PC access;
  • increased internet adoption in the over 40, 50 and 60 age brackets;
  • usage of Desktop computers for online shopping is falling while usage of smartphones for online shopping is rising;
  • B2B transactions make up over 90% of total e-commerce transactions;
  • Profile based SNS have increased in popularity at the expense of other forms of SNS;

Companies covered in this report include:

KT; LG Telecom; NHN; Nexon; NCsoft; Neowiz; CJ Internet; CyWorld; Naver; Daum; Google; Nate; Yahoo.

Related Reports

Share this Report

TMT Intelligence

A platform to scale your intelligence tasks

Monitor critical insights with our AI-powered Market Intelligence Platform gathering and analyzing intelligence in real time. With AI trained to spot emerging trends and detect new strategic opportunities, our clients use TMT Intelligence to accelerate their growth.

If you want to know more about it, please see:

TMT Intelligence Platform

Research Methodology

BuddeComm's strategic business reports contain a combination of both primary and secondary research statistics, analyses written by our senior analysts supported by a network of experts, industry contacts and researchers from around the world as well as our own scenario forecasts.

For more details, please see:

Research Methodology

More than 4,000 customers from 140 countries utilise BuddeComm Research

Are you interested in BuddeComm's Custom Research Service?

News & Views

Have the latest telecommunications industry news delivered to your inbox by subscribing to BuddeComm's weekly newsletter.

Unsubscribe