Market Overview

The 5G Market in South Korea (2018-2025) - Key Players are SK Telecom, KT, and LGU+ - ResearchAndMarkets.com

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The "South
Korea 5G Market (2018-2025)"
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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 will 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

  • 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.
  • 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

  • The region faces growth challenges, such as regulatory pressures, and
    new operator launches.

Major Players Featured

  • SK Telecom
  • KT
  • LGU+

Key Topics Covered

Chapter 1: Executive Summary

Chapter 2: South Korea 5G Market

Chapter 3: South Korea 5G Market - SIM Cellular Connections

Chapter 4: South Korea 5G Market - SIM M2M Cellular Connections

Chapter 5: South Korea 5G Market - Applications (Internet of Things,
Robotics & Automation, Virtual Reality, Others)

Chapter 6: 5G South Korea Landscape - Company Overview

Chapter 7: 5G - The Road Ahead

For more information about this report visit https://www.researchandmarkets.com/research/pxp4rp/the_5g_market_in?w=4

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