South Korea 5G Market
The fifth generation of mobile technology (5G technology) is expected to cater to the demand and provide the business frameworks needed by and beyond 2020. In addition to driving a connected society, 5G wireless technology will bring about socio-economic transformations through productivity, sustainability and well-being. Mobile 5G seems to be the next big thing in the global digital connectivity ecosystem. As the world moves towards 5G networks, South Korea plans to build 5G network to save money and time. The 5G market in South Korea is expected to show a triple-digit growth rate during the forecasted period.
The South Korean government aims to deploy commercial 5G network services by the second half of 2019. It is estimated that the 5G penetration rate will be 5% by 2020 and subscriber would increase from 30% in 2020 to 90% in 2026 out of the total mobile subscribers.
The South Korea 5G market is classified into SIM cellular connections and SIM M2M cellular connections. These are further divided into data per user, and 5G data traffic for each categories. In South Korea, SIM cellular connections hold the majority of the market share, whereas SIM M2M cellular connections are anticipated to grow at an increasing rate.
The 5G hype across the world has led South Korea to invest USD 1.7 Bn to roll out 5G wireless services that would enable users to download a full movie within a second. This would enable the related industries to upsell new 5G related devices and infrastructure equipment, and earn revenue worth USD 350 Mn by 2026. This will help in the expansion of the telecom infrastructure equipment industry.
Key growth factors:
o The major growth factors driving the South Korea 5G market are continuous evolution towards enhanced bandwidth, lower latency, enhanced security and openness of mobile networks
o South Korean network operating companies plan to invest USD 9.36 Bn on 5G by 2018. The top three South Korean telecom companies will start commercial operations on 5G by 2019 and build nationwide 5G infrastructure by 2020
Threats and key players:
o The region faces growth challenges, such as regulatory pressures, and new operator launches
o The key players in this market are SK Telecom, KT, and LGU+
What's covered in the report?
1. Overview of the South Korea 5G market
2. The forecasted market size data of the South Korea 5G market
3. The forecasted market size for the segments of SIM cellular connections and SIM M2M cellular connections, and each segment's usage (GB/month) and data traffic (EB/year)
4. The forecasted market size based on applications: Internet of Things, Robotics & Automation, Virtual Reality, others
5. Market trends in the South Korea 5G market
6. Market drivers and challenges of the of the South Korea 5G market
7. Analysis of company profiles of the major players operating in the market
Why buy?
1. Get a broad understanding of the South Korea 5G market and its segments based on applications
2. Get region-specific drivers and challenges affecting the South Korea 5G market
3. Recognize significant competitors' business and market dynamics, and respond accordingly
Customizations Available
With the given market data, Netscribes offers customizations according to specific needs. Write to us at support@researchonglobalmarkets.com.
Chapter 1: Executive Summary
a. Market segmentation
b. Key questions answered in this study
c. Executive summary
d. Telecommunication industry evolution
e. Global 5G overview- 2025- 5G SIM cellular connections, 5G SIM M2M cellular connections, 5G traffic
Chapter 2: South Korea 5G market
a. Market overview- Key observations, forecasted market size (2018-2025) (USD Mn)
b. Market drivers
c. Market trends
Chapter 3: South Korea 5G market - SIM cellular connections
a. SIM Cellular Connections- 5G SIM Cellular Connections (2020-2025) (Mn), 4G, 3G, and 2G SIM cellular connections (2016-2025) (Mn), key observations
b. Data Usage by SIM cellular connections- Data Usage (GB/month), key observations
c. Data Traffic by SIM cellular connections- 5G Traffic (EB / year), key observations
d. SIM cellular connections-forecasted(2018-2025) market size(USD Bn), key observations
Chapter 4: South Korea 5G market - SIM M2M cellular connections
a. SIM M2M cellular connections- 5G SIM cellular connections (2020-2025) (Mn), 4G, 3G, and 2G SIM cellular connections (2016-2025) (Mn), key observations
b. Data Usage by SIM M2M cellular connections- Data Usage (GB/month), key observations
c. Data Traffic by SIM M2M cellular connections- Data Usage (EB/month), key observations
d. SIM M2M cellular connections- forecasted(2018-2025) market size(USD Bn), key observations
Chapter 5: South Korea 5G market - applications (Internet of Things, Robotics & Automation, Virtual Reality, others)
a. Internet of Things- forecasted (2018-2025) market size (USD Bn), key observations
b. Robotics & Automation- forecasted (2018-2025) market size (USD Bn), key observations
c. Virtual Reality- forecasted (2018-2025) market size (USD Bn), key observations
d. Others- forecasted (2018-2025) market size (USD Bn), key observations
Chapter 6: 5G South Korea landscape- company overview
a. Company overview - SK Telecom
i. Key highlights
ii. 5G growth strategy and investments
b. Company overview - KT
i. Key highlights
ii. 5G growth strategy and investments
c. Company overview - LGU+
i. Key highlights
ii. 5G growth strategy and investments
Chapter 7: 5G-The road ahead
a. 5G Impact on media companies
b. 5G Impact on connected device makers
c. 5G Impact on network operators
d. 5G Impact on network suppliers
Chapter 8: Appendix
a. Research methodology
b. Assumptions
c. About Netscribes Inc
Disclaimer: The Table of Contents (ToC) provided above contains the targeted coverage. The coverage is subject to change as we progress with the research.
Executive Summary
Azoth Analytics has released a research report titled "Vitamin B3-B4 Market (2023 Edition)" which provides a complete analysis of the global Vitamin B3-B4 industry in terms of market segmentation Vitamin Type (Vitamin B3, Vitamin B4), By Formulation (Dry, Liquid), By A...
The global South Bridge Chipset market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this...
Executive Summary
Azoth Analytics has released a research report titled "Metabolic Syndrome Market (2023 Edition)" which provides a complete analysis of the global Metabolic Syndrome industry in terms of market segmentation By Indication (Insulin Resistance Syndrome, Hypercholesterolemi...
Executive Summary
Azoth Analytics has released a research report titled "Global Module Level Power Electronics (MLPE) Market (2023 Edition)" which provides a complete analysis of the global Module Level Power Electronics industry in terms of market segmentation by Type (Power Optimizers...
Executive Summary
Azoth Analytics has released a research report titled "Global Airport Lounge Access Market (2023 Edition)" which provides a complete analysis of the Global Airport Lounge industry in terms of market segmentation By Ownership (Airline, Airport, Government Owned, Private...
Executive Summary
Azoth Analytics has released a research report titled "Global Toy Market Factbook (2023 Edition)" which provides a complete analysis of the worldwide toy market in terms of market segmentation by Product Type (Games and Puzzles, Infant and Pre School Toys, Construction...
Executive Summary
Azoth Analytics has released a research report titled "Snail Beauty Products Market (2023 Edition)" which provides a complete analysis of the global Snail Beauty Products industry in terms of market segmentation By Product Type (Creams, Serums, Masks, Others), Target (...
Executive Summary
Azoth Analytics has released a research report titled "Global Optical Transceiver Market (2023 Edition)" which provides a complete analysis of the Global Optical Transceiver industry in terms of market segmentation by application (datacom, telecom). transmitter compone...
Executive Summary
Azoth Analytics has released a research report titled "Goat Milk Products Market (2023 Edition)" which provides a complete analysis of the global Goat Milk Products industry in terms of market segmentation by Product Type (Cheese, Butter, Yogurt, Others), Product Form ...
Executive Summary
Azoth Analytics has released a research report titled "Global Engineering Software Market (2023 Edition)" which provides a complete analysis of the Engineering Software Market industry in terms of market segmentation By Deployment Type (On-Premise), By Enterprise Size ...