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.
Electroceuticals are gaining attention as a non-invasive neuromodulation method with the advantages of low risk and low cost, replacing risky and costly invasive brain stimulation. In particular, it is expected to be a safe and effective treatment for treatment-resistant patients who have adverse re...
In 2018, the local hemostatic market in Korea is estimated to have reached US$*** million based on initial supply price and US$*** million based on end user (medical institution) purchase price.Korean hemostatic market is expected to grow at an average annual rate of ***% over the five year...
As of 2022, the total market size of intraocular lenses in Korea is estimated to be approximately ***units (***USD) by manufacturers'/importers' initial selling unit and ***units (***USD) by medical institutions' purchase unit.
It is estimated that the relatively high production/import volume...
In this report, medical AI is defined as artificial intelligence used across the healthcare industry. AI-enabled medical devices are in particular referred to devices which assist healthcare providers in diagnosing, managing and/or predicting diseases through analyzing medical big data with artifici...
The new DRG is a mixed payment method in which the NHIS pays for medical expenses incurred during a single medical treatment, dividing the cost of procedures, drugs, and therapeutic materials into all-inclusive and non-inclusive fees.
Most medical services are comprehensively bundled together...
In Korea, Private Health Insurance means private insurance plans introduced to supplement the National Health Insurance Service, the nationwide public health insurance system.
When the insured with illness or injury receive medical treatments such as hospital stay, out-patient care or prescri...
As of 2022, the total market size of the wound dressings in Korea is estimated to be approximately USD *** million, about an increase of ***% compared to the previous year. Reimbursement volume is estimated to be approximately USD *** million - around ***% of the entire market.
Afterwards, it...
As defined by the FDA, Digital Therapeutics (DTx) is a "Software as a Medical Device (SaMD) that provides evidence-based therapeutic interventions to non-patients for the purpose of preventing, managing, or treating a medical disorder or disease based on biometric information collected from general-...
In 2022, the total market size of dental implants in Korea is estimated to be approxiamately USD ***million at manufacturers/importers' initial selling prices (about *** units, including fixtures and upper parts) and USD *** million at medical institutions' purchase prices.
The dental implants...
Dermal fillers are classified by the MFDS as Class Ⅳ medical devices, with the product classification number B04230.01 (biomaterial graft/prosthesis) or B04230.02 (graft/prosthesis).
According to the , dermal fillers are non-rei...