Telecoms, Mobile and Broadband Markets in South Korea, 2019 to 2023 – Major Players, Revenues, Subscribers, ARPU – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “South
Korea – Telecoms, Mobile and Broadband – Statistics and Analyses”

report has been added to ResearchAndMarkets.com’s
offering.

This report provides a comprehensive overview of trends and developments
in South Korea’s telecommunications market. The report analyses the
mobile, internet, broadband, and converging media sectors.

Subjects include:

  • Market and industry analyses, trends and developments
  • Facts, figures and statistics
  • Industry and regulatory issues
  • Major Players, Revenues, Subscribers, ARPU
  • Mobile Voice and Data Markets
  • Broadband (FttH, DSL, cable TV, wireless)
  • Convergence and Digital Media
  • Mobile subscriber forecasts to 2023
  • Broadband and mobile broadband forecasts to 2023

South Korea has transformed its economy to one that is more
progressively knowledge based. It has invested significantly in
telecommunications infrastructure over past decades.

South Korea is ranked 2nd out of 34 with an Asian Telecoms Maturity
Index score of 93. (The publisher’s Asian Telecoms Maturity Index, is an
index (on a scale between 0 and 100) that measures and ranks the
relative maturity of the telecoms industry in all of the 34 countries in
Asia.) Compared to other Asian nations, South Korea has very high mobile
and mobile broadband penetration and very high fixed broadband
penetration.

Fixed lines in South Korea have been gradually declining over the past
five years. This trend is predicted to continue over the next five years
to 2023.

South Korea has one of the world’s most active telecommunications and
Information Technology (IT) markets backed by strong support from the
government. As well as the commitment of the government, the sector is
boosted by an innovative private sector and a technologically savvy
population. Spending on ICT and high-technology equipment helped lead a
transformation of the economy. The government aims to transform the
country into a knowledge-based information society in a smart-age’.

Huawei has partnered with LG U+. for the launch of Seoul TechCity as
part of its commitment to drive smart city efforts. The Seoul TechCity
collaborative project aims to deliver smart city capabilities for the
Korean capital.

South Korea has the world’s highest number of broadband services per
capita. Korea’s policy emphasis has been to establish an Ultra Broadband
convergence Network (UBcN) with 1Gb/s speeds on fixed lines and 10Mb/s
on wireless.

Fixed-line broadband market penetration has grown slowly over the past
five years in a highly mature market. Over the next five years to 2023
growth is expected to continue to increase slowly.

The South Korean Ministry of Science and ICT (MSIT) announced the
establishment of a new fund specifically targeting technologies and
projects that can provide data rates of 10Gbps, with plans to reach 50%
adoption rate of the super-fast speeds by 2022.

Mobile subscriber growth has been moderate in mobile market over the
past five years. The market has been driven by organic growth from the
three main mobile operators, together with the multitude of niche MVNOs.
Mobile subscriber growth is expected to be relatively low over the next
five years to 2023. Growth rates will taper off further over the next
few years as the market further matures in a highly competitive market.
The market will be driven by the uptake of both 4G and 5G services.

South Korea’s three mobile operators, SK Telecom, LG Uplus and KT Corp
have switched on their respective 5G networks for enterprise customers.

KT Corp and LG Uplus launched commercial services to consumers. Initial
coverage is reported to be heavily focused on Seoul and its surroundings.

KT’s industrial 5G development plans focus on five main areas in
collaboration with private sector companies and the government to
develop 5G services for both business-to-business (B2B) and
business-to-government (B2G) sectors.

The mobile broadband subscriber base in South Korea has grown moderately
over the past five years in a relatively mature market supported by
widespread rollouts of 4G infrastructure. Slower growth is predicted
over the next five years to 2023.

Key Developments

  • SK Telecom became the first South Korean mobile operator to test
    autonomous cars on public roads
  • Huawei has partnered with LG U+. for the launch of Seoul TechCity
  • Over the next five years to 2023 fixed broadband growth is expected to
    continue to increase slowly
  • South Korea’s three mobile operators have launched 5G services
  • Mobile subscriber growth is expected to be relatively low over the
    next five years to 2023
  • KT’s industrial 5G development plans focus on five main areas in
    collaboration with private sector companies and the government

Key Topics Covered

1. Key statistics

  • Country overview

2. Telecommunications market

  • Market Overview and Analysis
  • Regional Asian Market Comparison
  • Background

3. Regulatory environment

  • Regulatory authority
  • KCC – Overview and responsibilities
  • KCC – related laws

4. Fixed network operators

  • Overview
  • KT Corp
  • LG U+

5. Telecommunications infrastructure

  • Overview of the national telecom network
  • Internet eXchange (IX)
  • National submarine cable infrastructure
  • International infrastructure
  • International submarine cable infrastructure
  • Smart infrastructure
  • IoT
  • Smart grids
  • Smart cities
  • Driverless Cars

6. Broadband market

  • Market Overview and analysis
  • Broadband statistics and Forecasts
  • Broadband Technologies
  • Overview
  • Cable modem
  • Digital Subscriber Line (DSL)
  • Apartment LAN
  • Fibre-to-the-Home
  • Fixed Broadband operators
  • Operator Statistics
  • Background
  • KT Corp
  • SK Broadband
  • LG U+
  • WiMAX
  • WiFi

7. Digital economy

  • e-Government

8. Digital media

  • Satellite infrastructure
  • Video-streaming
  • VoIP

9. Mobile communications

  • Market Overview and Analysis
  • Background
  • Mobile statistics
  • Mobile Subscribers and Forecasts
  • Mobile Broadband Subscribers and Forecasts
  • Regulatory issues
  • Licensing
  • Subsidies
  • Spectrum
  • Mobile infrastructure
  • 2G
  • 3G
  • 4G
  • 5G
  • VoLTE
  • Major mobile operators
  • Operator statistics
  • KT Corp
  • SK Telecom
  • LG U+
  • MVNOs
  • Mobile content and applications
  • m-commerce

For more information about this report visit https://www.researchandmarkets.com/r/zfkha7

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