South Korea - Fixed Broadband, Digital Economy and Digital Media - Statistics and Analyses

South Korea - Fixed Broadband, Digital Economy and Digital Media - Statistics and Analyses

  • February 2018 •
  • 27 pages •
  • Report ID: 3682225
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 2022 growth is expected to continue to increase slowly.

SK Telecom announced the introduction of a new technology for the next generation of Wi-Fi that it claims can deliver downlink speeds as fast as 5G technology’.
This report provides an overview of South Korea’s broadband market, government initiatives and technologies including cable modem, DSL, FttH, Apartment-LAN, and WiBro. IPTV statistics are included as well as broadband forecasts to 2022 and statistics on market share of the major broadband providers.

The Korean government has developed and demonstrated broadband-based services like e-health, e-learning, e-government and u-City. E-health services are provided to remote island regions of Korea. In this way, broadband has been used as a method to narrow the gap between rich and poor and among classes and regions.
This report also looks at various aspects of the digital economy in South Korea that support the drive to converged services. It includes information on e-commerce users, e-banking and e-government. It also contains information on internet usage patterns.

Key Developments:
- Three operators hold over 80% of the Korean broadband market: KT, SK Broadband and LGU+.
- KT as the incumbent has held on to its dominant market share position.
- SK Telecom announced a new technology for the next generation of Wi-Fi.
- Over the next five years to 2022 fixed broadband growth is expected to continue to increase slowly.

Companies covered in this report include:
SK Broadband, KT, LG U+, Hanaro Telecom
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Country=SouthKorea Industry=InternetServices ParentIndustry=ICTAndMedia Date=201802 Topic=Forecast Publisher=PaulBuddeCommunicationPtyLtd Price=1000