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The future of the artificial intelligence market in South Korea looks attractive with opportunities in the healthcare, security, retail, automotive, manufacturing, and financial technology (fintech) sectors. The major drivers for this market are increasing demand for virtual assistance for easy accessibility of services and growing adoption of cloud-based technology.
 
Emerging trends, which have a direct impact on the dynamics of the artificial intelligence industry, include growing adoption of artificial intelligence in IoT applications and increasing demand for AI-enabled processors. 
 
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of artificial intelligence market in South Korea report download the report brochure.
 
Artificial Intelligence Market in South Korea by Segment:
2014-2025 (US $M) (Randomized Data)
Artificial Intelligence Market in South Korea by Segment


Trends and Forecasts for Artificial Intelligence Market in South Korea:
2014-2025 (US $M) (Randomized Data)

Trends and Forecasts for Artificial Intelligence Market in South Korea

The study includes the market size and forecast for the artificial intelligence market in South Korea by end use industry, technology, and product and service as follows:
 
Artificial Intelligence Market by End Use Industry [ $B shipment analysis from 2014 to 2025]:
  • Media and Advertising
  • Security 
  • Automotive
  • Healthcare
  • Retail
  • Fintech (Financial Technology)
  • Manufacturing
  • Others

Artificial Intelligence Market by Technology [$B shipment analysis from 2014 to 2025]:
  • Machine Learning
  • Natural Language Processing (NLP)
  • Others

Artificial Intelligence Market by Product and Service [$B shipment analysis from 2014 to 2025]:
  • Hardware
  • Processor 
  • Memory
  • Network
  • Software
  • Service
Lucintel forecasts that the machine learning technology will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to increasing adoption of this technology in the autonomous applications and growing consumer preference for IoT-enabled devices.
 
Within the artificial intelligence market, media and advertising will remain the largest application due to an increasing adoption of customer-centric marketing strategies and increasing use of social platform for advertisements. The healthcare segment is expected to witness the highest growth over forecast period due to advancements in clinical research and growing demand for electronics-based medical equipment and sensors in the healthcare applications.

Some of the features of “Opportunities for the Artificial Intelligence Market in South Korea 2014-2025: Trends, Forecast and Competitive Analysis” include:
  • Market size estimates: Artificial intelligence market size estimation in terms of value ($B) shipment.
  • Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by end use industry, technology, and product and service.
  • Segmentation analysis: Artificial intelligence market size by end use industry (media and advertising, security, automotive, healthcare, retail, fintech, manufacturing and others), technology (machine learning, natural learning processing, and others), and product and service (hardware, software, and service) in terms of value.
  • Growth opportunities: Analysis on growth opportunities in different end use industry, technology, and product and service of artificial intelligence in the artificial intelligence market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 7 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the artificial intelligence market in South Korea by end use industry (media and advertising, security, automotive, healthcare, retail, fintech, manufacturing and others), technology (machine learning, natural learning processing, and others), and product and service (hardware, software, and service)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.4 What are the business risks and threats to the artificial intelligence market?
Q.5 What are the emerging trends in this artificial intelligence market and reasons behind them? 
Q.6 What are some changing demands of customers in the artificial intelligence market?
Q.7 What are the new developments in the artificial intelligence market? Which companies are leading these developments?
Table of Contents
 
1. Executive Summary
 
2. Market Background and Classifications
2.1: Introduction, Background, and Classification
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2014 to 2025
3.1: Macroeconomic Trends (2014-2019) and Forecast (2020-2025)
3.2: Trends (2014-2019) and Forecast (2020-2025) for Artificial Intelligence Market in South Korea
3.3: Trends (2014-2019) and Forecast (2020-2025) for Artificial Intelligence Market in South Korea
        by End Use Industry
3.3.1: Media and Advertising
3.3.2: Security
3.3.3: Automotive
3.3.4: Healthcare
3.3.5: Retail
3.3.6: Fintech
3.3.7: Manufacturing
3.3.8: Others
3.4: Trends (2014-2019) and Forecast (2020-2025) for Artificial Intelligence Market in South Korea
        by Technology
3.4.1: Machine Learning
3.4.2: Natural Language Processing
3.4.3: Others
3.5: Trends (2014-2019) and Forecast (2020-2025) for Artificial Intelligence Market in South Korea
        by Product and Service
3.5.1: Hardware
3.5.1.1: Processor
3.5.1.2: Memory
3.5.1.3: Network
3.5.2: Software
3.5.3: Service
 
4. Competitive Analysis
4.1: Product Portfolio Analysis
4.2: Porter’s Five Forces Analysis
 
5. Growth Opportunities (2014-2025) and Strategic Analysis
5.1: Growth Opportunity Analysis
5.1.1: Growth Opportunities (2014-2025) for the Artificial intelligence Market in South Korea
           by End Use Industry
5.1.2: Growth Opportunities (2014-2025) for the Artificial intelligence Market in South Korea
           by Technology
5.1.3: Growth Opportunities (2014-2025) for the Artificial intelligence Market in South Korea
           by Product and Service
5.2: Emerging Trends

6. Company Profiles of Leading Players
.

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25 figures/charts and 12 tables are provided in this 60-page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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