South Korea Digital Advertising Market Summary, Competitive Analysis and Forecast to 2027

South Korea Digital Advertising Market Summary, Competitive Analysis and Forecast to 2027
Summary

Digital Advertising in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key HighlightsThe digital advertising market (also known as online marketing, Internet advertising or web advertising) represents expenditures on digital advertising. It consists of revenues gained by any advertising activities performed by the mean of Internet using mobile devices and personal computers. All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2022 annual average exchange rates.The South Korean digital advertising market had total revenue of $6.2 billion in 2022, representing a compound annual growth rate (CAGR) of 20% between 2017 and 2022.The mobile segment accounted for market's the largest proportion in 2022, with total revenues of $4.5 billion, equivalent to 71.5% of the market's overall value.According to in-house research, in 2022, South Korea accounted for a share of 4.1% in the Asia-Pacific digital advertising market. The growth is attributed to changing consumer behavior, increasing consumption of digital content, and technological advancements.ScopeSave time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the digital advertising market in South KoreaUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the digital advertising market in South KoreaLeading company profiles reveal details of key digital advertising market players’ global operations and financial performanceAdd weight to presentations and pitches by understanding the future growth prospects of the South Korea digital advertising market with five year forecasts by both value and volumeReasons to BuyWhat was the size of the South Korea digital advertising market by value in 2022?What will be the size of the South Korea digital advertising market in 2027?What factors are affecting the strength of competition in the South Korea digital advertising market?How has the market performed over the last five years?What are the main segments that make up South Korea's digital advertising market?