“South Korea: Investments in 5G and GiGA Internet to Drive Future Telecom Growth” provides an executive-level overview of the telecommunications market in South Korea today, with detailed forecasts of key indicators up to 2020.
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South Korea - Investments in 5G, IoT and GiGA Internet to Drive Future Telecom Growth
1. South Korea Investments in 5G, IoT and GiGA Internet to
Drive Future Telecom Growth
ResearchMoz.us has added a report titled “South Korea: Investments in
5G, IoT and GiGA Internet to Drive Future Telecom Growth” to its
research report database.
The South Korean Telecom market is one of the most advanced telecom
markets globally. Overall telecom services revenue is expected to
reach US$53.9bn at the end of 2020. Mobile data will contribute
nearly threefourths of the overall telecom revenue, driven by
increased adoption of LTE services and ongoing investments and
research activities currently underway for 5G deployment and launch.
Operators are focusing more on datacentric plans with unlimited data
usage limits, mainly through bundled services offerings. The
advancement in the underlying technology will enable operators to
offer converged services at relatively lower prices. Competition in
the telecom market is stable with the presence of three major players
2. but will likely intensify in the near future owing to the regulator’s
plan to introduce a fourth operator into the market. The KCC intends
to auction spectrum in the 700MHz band during the second half of
2015, which will enable existing operators to become ready for 5G
introduction, besides equipping them to offer superior quality
broadband services.
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Key Findings
South Korea is the third largest telecom services market in the Asia
Pacific region, after Japan and China, with estimated revenue of
US$44.8bn, or 3.1% of nominal GDP in 2015.
Pyramid Research expects telecom service revenue to reach $53.8bn in
2020 (a 3.7% CAGR), as price competition will remain intense and the
adoption of fixed/mobile convergent services will increase pressure
on total market revenue.
The revenue mix will continue to be dominated by mobile services due
to ongoing investments in 5G and the advancement of LTE technology by
all three operators (SK Telecom, KT and LG U+) in the coming years.
Fixed and mobile data revenue will account for 59% of total revenue
in 2020, up from 50.2% in 2015.
3. The top two operators SK Telecom and KT (including its payTV
subsidiary SkyLife), which provides mobile, broadband, TV and fixed
voice services will together account for 74% of overall service
revenue in 2015. All operators are focusing on investments, network
modernization and multiplay offerings to compete in a challenging
environment.
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internettodrivefuturetelecomgrowthreport.html
Synopsis
“South Korea: Investments in 5G and GiGA Internet to Drive Future
Telecom Growth” provides an executivelevel overview of the
telecommunications market in South Korea today, with detailed
forecasts of key indicators up to 2020. It delivers deep quantitative
and qualitative insight into South Korea’s telecom market, analyzing
key trends, evaluating nearterm opportunities and assessing risk
factors, based on proprietary data from Pyramid Research’s databases.
The Country Intelligence Report provides indepth analysis of the
following:
4. Regional context: telecom market size and trends in South Korea
compared with other countries in the region.
Economic, demographic and political context in South Korea.
The regulatory environment and trends: a review of the regulatory
setting and agenda for the next 1824 months as well as relevant
developments pertaining to spectrum licensing, national broadband
plans, number portability and more.
A demand profile: analysis as well as historical figures and
forecasts of service revenue from the fixed telephony, broadband,
mobile voice, mobile data.
Service evolution: a look at changes in the breakdown of overall
revenue between the fixed and mobile sectors and between voice, data
and video from 2013 to 2020.
The competitive landscape: an examination of key trends in
competition and in the performance, revenue market shares and
expected moves of service providers over the next 1824 months.
Indepth sector analysis of fixed telephony, broadband, mobile voice
and mobile data services: a quantitative analysis of service adoption
trends by network technology and by operator, as well as of average
revenue per line/subscription and service revenue through the end of
the forecast period.
Main opportunities: this section details the nearterm opportunities
for operators, vendors and investors in South Korea’s
telecommunications markets.
5. Reasons To Buy
Gain indepth analysis of current strategies and future trends of
South Korea’s telecommunications market, service providers and key
opportunities in a concise format, to build proactive and profitable
growth strategies.
Understand the factors behind ongoing and upcoming trends in South
Korea’s mobile communications, fixed telephony and broadband markets,
including the evolution of service provider market shares, to align
product offerings and strategies to meet customers’ demand.
Leverage the graphical information (more than 20 charts and tables in
the report based on the Pyramid Research forecast products) to gain
an overview of the South Korean telecom market.
Analysis of key telecom players in the markets and major business
strategies being adopted by them, to identify the opportunities to
improve the market share.
Explore novel opportunities to align your product strategies and
offerings to meet the requirements and succeed in the challenging
telecommunications market in South Korea.
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