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Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including Daily Alerts, monthly regional Insights, and in-depth quarterly Country Forecast Reports.

South Korea Information Technology Report Q2 2014

Published by Business Monitor International on Apr 8, 2014 - 77 pages
PDF - Download Now with 3 Quarterly Updates format - Download Now
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We have a positive outlook for the development of the South Korean IT market during 2014 to 2018. We forecast market value will increase at a CAGR of 7.3% over the forecast period to 2018 to reach a value of KRW31.3trn in 2018. Growth rates will be lower than emerging markets in APAC, but considering the advanced state of the South Korean market, these growth rates are robust. Our positive outlook is based on the continued strength of the hardware market, where demand is supported by short replacement cycles and demand for the latest innovative devices such as tablets and hybrids. Meanwhile, we also expect South Korea to strengthen its position as a leading enterprise IT market through the adoption of cloud computing services and emerging technologies such as machine-to-machine (or smart) infrastructure, and big data analytics.






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