South Korea Information Technology Report Q1 2015

South Korea Information Technology Report Q1 2015

Includes 3 FREE quarterly updates

BMI View:

We downgraded our outlook for IT spending growth in South Korea in the Q1 2015 update to reflect a weakening of the economic outlook, but we still expect it to outperform the majority of developed markets 2015-2018with robust growth rates, particularly in comparison to EU markets. The South Korean IT market is forecast to grow at a CAGR of 5.5% 2015-2018 to reach a value of KRW34trn in 2018. One reason for a relatively bullish outlook is the relatively underdeveloped software and services segment in South Korea, which gives great potential for growth when considered in the context of government efforts to promote emerging technologies.

Headline Expenditure Predictions

- Computer Hardware Sales: KRW13.2trn in 2014 to KRW13.4trn in 2015; growth of +1.5% in local currency terms. Diminished first-time buyer opportunities across the desktop, notebook and tablet markets mean hardware spending growth will underperform software and services.
BMI Industry View 7
Wireline SWOT 11
Political 12
Economic 13
Business Environment 14
Industry Forecast 15
Table: IT Industry - Historical Data And Forecasts (South Korea 2012-2018) 15
Macroeconomic Forecasts 21
Economic Analysis 21
Domestic Drivers Remain Weak 22
Government Stimulus To Provide Support In 2015 23
Reprieve From Exports Not Guaranteed 24
Table: Economic Activity (South Korea 2009-2018) 24
Industry Risk Reward Index 25
Asia Pacific Risk/Reward Index 25
Table: Asia Pacific IT Risk/Reward Index - Q1 2015 28
Market Overview 29
Hardware 29
Software 36
IT Services 43
Industry Trends And Developments 52
Regulatory Development 55
Table: Regulatory Authorities 55
Table: Major Cyber Attacks And Information Leaks 59
Competitive Landscape 60
Global Companies 60
Table: Hewlett Packard (HP) 60
Local Companies 61
Table: SK Hynix 61
Table: Penta Security Systems 62
Table: Infraware Inc 63
Table: AhnLab 64
Table: TmaxSoft 65
Company Profile 66
Samsung Electronics 66
Table: Sales By Division (KRWbn) 69
Table: Operating Profit By Division (KRWbn) 70
Table: Operating Margin By Division (%) 70
Regional Overview 74
Demographic Forecast 78
Table: Population Headline Indicators (South Korea 1990-2025) 79
Table: Key Population Ratios (South Korea 1990-2025) 79
Table: Urban/Rural Population & Life Expectancy (South Korea 1990-2025) 80
Table: Population By Age Group (South Korea 1990-2025) 80
Table: Population By Age Group % (South Korea 1990-2025) 81
Methodology 83
Industry Forecast Methodology 83
Sources 84
Risk/Reward Index Methodology 85
Table: It Risk/Reward Index Indicators 86
Table: Weighting Of Components 87

We are very sorry, but an error occurred.
Please contact if the problem remains.