South Korea Digital Transformation Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

South Korea’s Digital Transformation Market Report is Segmented by Type [analytics, Artificial Intelligence, and Machine Learning, Extended Reality (XR), Iot, Industrial Robotics, Blockchain, Additive Manufacturing/3D Printing, Cybersecurity, Cloud and Edge Computing, and Other Types (digital Twin, Mobility, and Connectivity)] and End-User Industry [manufacturing, Oil, Gas, and Utilities, Retail & E-Commerce, Transportation and Logistics, Healthcare, BFSI, Telecom and IT, Government and Public Sector, and Other End-User Industries (education, Media & Entertainment, Environment Etc)]. The Market Sizes and Forecasts are Provided in Terms of Value (USD) for the Segments.

South Korea Digital Transformation Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

South Korea Digital Transformation Industry Overview

South Korea’s digital transformation market is fragmented, with many players present. Some players include IBM Corporation, Oracle Corporation, and Samsung Electronics. Moreover, variables are involved in various mergers and acquisitions and product innovation to gain a competitive edge, among other things.

  • April 2024: Gcore, a player in global edge AI, cloud, and security solutions, made a significant announcement at The Plaza Hotel, Seoul City Hall. The event, themed 'A New Beginning to Accelerate the Korean AI Market,' marked the debut of Gcore's pioneering AI public cloud service in Korea. This service leveraged NVIDIA's H100, eliminating the need for Korean AI specialists to wait weeks for large-scale GPUs or rely on resources from other nations. Instead, they can seamlessly tap into Gcore's advanced cloud for ultra-high-performance AI computing.
  • January 2024: Korea Quantum Computing and IBM signed a partnership to bring IBM Watsonx and Quantum Computing to Korea. Through this collaboration, KQC's user network gained entry to IBM's comprehensive AI suite, highlighted by 'watsonx,' a platform tailored for training, fine-tuning, and deploying advanced AI models and software for businesses.

South Korea Digital Transformation Market Leaders

  1. IBM Corporation

  2. Korea Quantum Computing

  3. Oracle Corporation

  4. Samsung Electronics

  5. SAP SE

  6. *Disclaimer: Major Players sorted in no particular order
South Korea Digital Transformation Market Concentration