South Korea Artificial Intelligence Market Overview

Market Statistics

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Size in 2024: USD 3.12 Billion

Market Forecast in 2033: USD 30.00 Billion

Market Growth Rate: 26.60%(2025-2033)

According to the latest report by IMARC Group, the South Korea artificial intelligence market size was valued at USD 3.12 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 30.00 Billion by 2033, exhibiting a CAGR of 26.60% from 2025-2033. 

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South Korea Cloud Computing Industry Trends and Drivers:

Because of its deep investments in technology and digital change, South Korea’s AI market is increasing rapidly. Companies in healthcare, finance and manufacturing are using AI to become more efficient, better at making decisions and offer a more personal experience to their clients. Thanks to government efforts, policies lead to more research, development and use of AI in areas like smart cities and the public body. Strong infrastructure and many tech-savvy people in South Korea help the growth of AI. Its lively ecosystem is pulling in new businesses and tech companies from all over, helping India gain a top role in AI.

Because of its growing importance, many industries are changing as companies try to benefit from data-driven and automated systems. AI tools are being used by small and medium-sized companies to match the results of larger players, who depend on cloud-based services for both access and growth. In addition, large companies are turning to custom AI technology to help run their business and bring out new ideas. More and more people working remotely, plus the growth of digital services, has made businesses rely on AI tools such as chatbots and virtual assistants. South Korea is making it a key focus to advance technology.

South Korea Artificial Intelligence Industry Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest South Korea Artificial Intelligence Market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments

The report has segmented the market into the following categories:

Analysis by Offering:

• Hardware
• Software
• Services

Analysis by Technology:

• Machine Learning
• Natural Language Processing
• Others

Analysis by End Use Industry:

• IT and Telecom
• Healthcare
• Retail and E-Commerce
• Logistics and Transportation
• Manufacturing
• Consumer Electronics
• BFSI
• Others

Regional Analysis:

• Seoul Capital Area
• Yeongnam (Southeastern Region)
• Honam (Southwestern Region)
• Hoseo (Central Region)
• Others

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of all major companies in the South Korea Artificial Intelligence industry.

Key highlights of the Report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

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