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South Korea IT Services - Market Summary, Competitive Analysis and Forecast, 2017-2026

South Korea IT Services - Market Summary, Competitive Analysis and Forecast, 2017-2026

Summary

IT Services in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The IT services industry is valued as the combination of the business process outsourcing (BPO) services market, the application services market and the infrastructure services market. Values include revenues generated from (a) signed deals that remain under contract and (b) new contracts signed within that particular calendar year.
- The South Korean IT services industry had total revenues of $17.4bn in 2021, representing a compound annual growth rate (CAGR) of 9.8% between 2016 and 2021.
- The infrastructure services segment was the industry's most lucrative in 2021, with total revenues of $10.9bn, equivalent to 62.5% of the industry's overall value.
- The COVID-19 pandemic which began in 2020 supplemented the demand levels for digital services amidst a weaker macroeconomic outlook.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the it services market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the it services market in South Korea
- Leading company profiles reveal details of key it services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea it services market with five year forecasts

Reasons to Buy

- What was the size of the South Korea it services market by value in 2021?
- What will be the size of the South Korea it services market in 2026?
- What factors are affecting the strength of competition in the South Korea it services market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's it services market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What has been the recent MandA activity?
7.4. How has the COVID-19 pandemic impacted leading players?
7.5. What are the recent developments in the market?
8 Company Profiles
8.1. Samsung SDS Co Ltd
8.2. Fujitsu Limited
8.3. Hewlett Packard Enterprise Company
8.4. International Business Machines Corporation
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List of Tables
Table 1: South Korea IT services industry value: $ billion, 2017–21
Table 2: South Korea IT services industry category segmentation: % share, by value, 2017–2021
Table 3: South Korea IT services industry category segmentation: $ billion, 2017-2021
Table 4: South Korea IT services industry geography segmentation: $ billion, 2021
Table 5: South Korea IT services industry value forecast: $ billion, 2021–26
Table 6: Samsung SDS Co Ltd: key facts
Table 7: Samsung SDS Co Ltd: Annual Financial Ratios
Table 8: Samsung SDS Co Ltd: Key Employees
Table 9: Fujitsu Limited: key facts
Table 10: Fujitsu Limited: Annual Financial Ratios
Table 11: Fujitsu Limited: Key Employees
Table 12: Fujitsu Limited: Key Employees Continued
Table 13: Fujitsu Limited: Key Employees Continued
Table 14: Hewlett Packard Enterprise Company: key facts
Table 15: Hewlett Packard Enterprise Company: Annual Financial Ratios
Table 16: Hewlett Packard Enterprise Company: Key Employees
Table 17: Hewlett Packard Enterprise Company: Key Employees Continued
Table 18: International Business Machines Corporation: key facts
Table 19: International Business Machines Corporation: Annual Financial Ratios
Table 20: International Business Machines Corporation: Key Employees
Table 21: International Business Machines Corporation: Key Employees Continued
Table 22: International Business Machines Corporation: Key Employees Continued
Table 23: South Korea size of population (million), 2017–21
Table 24: South Korea gdp (constant 2005 prices, $ billion), 2017–21
Table 25: South Korea gdp (current prices, $ billion), 2017–21
Table 26: South Korea inflation, 2017–21
Table 27: South Korea consumer price index (absolute), 2017–21
Table 28: South Korea exchange rate, 2017–21

List of Figures
Figure 1: South Korea IT services industry value: $ billion, 2017–21
Figure 2: South Korea IT services industry category segmentation: $ billion, 2017-2021
Figure 3: South Korea IT services industry geography segmentation: % share, by value, 2021
Figure 4: South Korea IT services industry value forecast: $ billion, 2021–26
Figure 5: Forces driving competition in the IT services industry in South Korea, 2021
Figure 6: Drivers of buyer power in the IT services industry in South Korea, 2021
Figure 7: Drivers of supplier power in the IT services industry in South Korea, 2021
Figure 8: Factors influencing the likelihood of new entrants in the IT services industry in South Korea, 2021
Figure 9: Factors influencing the threat of substitutes in the IT services industry in South Korea, 2021
Figure 10: Drivers of degree of rivalry in the IT services industry in South Korea, 2021

Report Title: South Korea IT Services - Market Summary, Competitive Analysis and Forecast, 2017-2026


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