1. MarketLine Industry Profile: Software in South Korea.
- Subjects
COMPUTER software industry ,COMPUTER software sales & prices - Abstract
Market value The Korean software market grew by 6.2% in 2015 to reach a value of $5.7 million. Market value forecast In 2020, the Korean software market is forecast to have a value of $8.8 million, an increase of 54.4% since 2015. Category segmentation Software infrastructure is the largest segment of the software market in South Korea, accounting for 49.6% of the market's total value. Geography segmentation South Korea accounts for 7.4% of the Asia-Pacific software market value. Market rivalry Competition within the software market is boosted by constant advances in technology, by the presence of large international incumbents and a regular supply of new entrants with alternative business models forcing players to operate increasingly competitive pricing strategies. [ABSTRACT FROM AUTHOR]
- Published
- 2016