Add 2 More Reports For 20% off

Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

South Korea Big Data Market Outlook

The South Korea big data market size reached approximately USD 2.00 billion in 2024. The market is estimated to grow at a CAGR of 9.8% in the forecast period of 2025-2034, reaching a value of around USD 4.80 billion by 2034.

Key Trends in the Market

Big data refers to a large set of complex data that can be structured, unstructured, and semi-structured and is mined by organisations to gather valuable insights. These data sets are too large to be processed by traditional software and require the assistance of advanced algorithms and machine learning.

  • Growing usage of predictive analytics to make future predictions is one of the key South Korea big data market trends. Predictive analytics involves the analysis of current and historical data using statistics and modelling techniques to discover patterns.
  • Data observability has become another crucial trend aiding the market growth as it facilitates the management and monitoring of big data in the system to ensure its quality and reliability.
  • Increased integration of DataSecOps tools by several organisations to maintain data privacy, security, and governance of the ever-changing big data in the system also provides impetus to the South Korea big data market growth.
  • There is a surge in the deployment of AI and machine learning technologies in big data systems as they consist of self-learning algorithms that can identify more accurate patterns on their own.
  • Favourable government initiatives to strengthen technological innovations for economic development also contribute to the market expansion. For instance, in December 2023, the South Korean government announced a partnership with China and Japan in the advanced technology sectors of AI, big data, and blockchain.

Market Analysis

Based on component, the market is divided into solution and services. On the basis of deployment mode, the market is bifurcated into on-premises and cloud. Based on organisation size, the market is classified into small and medium enterprises and large enterprises. The South Korea big data market segmentation, on the basis of application, includes customer analytics, operational analytics, fraud detection, compliance, and data warehouse optimisation, among others.

Based on industry vertical, the market is segmented into BFSI, telecom and IT, healthcare and life sciences, government and defence, retail and consumer goods, and media and entertainment, among others.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the South Korea big data market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

  • Microsoft Corp. 
  • SAP SE 
  • Samsung Electronics Co., Ltd.
  • LG Corp. (LG CNS Co. Ltd.)  
  • Amazon Web Services, Inc. 
  • KT Corp. 
  • NAVER Cloud Corp. 
  • Saltlux Inc. 
  • 42Maru Inc
  • Bespin Global Inc. 
  • Others

Market Share by Deployment Mode

Cloud-based deployment mode occupies a significant portion of the South Korea big data market share, owing to the rising storage of large volumes of data on cloud-based platforms. Several platforms such as Azure and Oracle offer tools and technologies required for processing big data. Cloud platforms also offer facilities such as competitive pricing, scalability of data storage, and data accessibility from any location.

Moreover, on-premise mode is expected to gain robust growth in the coming years, owing to its growing utilisation by enterprises which require increased control and security over their data.

Market Share by Industry Vertical

As per the South Korea big data market analysis, the BFSI sector accounts for a substantial share of the market due to the large volume of data generated by different modes of transactions. Growing focus on risk management further fuels the demand for big data mining in banks and other financial institutes.

Additionally, stringent data governance policies in BFSI institutions regarding data accessibility and security have surged the demand for big data platforms that provide efficient data solutions.

Competitive Landscape

Microsoft Corp., established in 1975, is a multinational technology company, with its headquarters in Washington, the United States. Some of its specialities include business software, developer tools, the Windows operating system, applications and tools, and cloud computing, among others. The company operates in 190 countries and boasts over 220,000 employees worldwide.

SAP SE is a multinational software developer, founded in 1972 and based in Walldorf, Germany. The company offers innovative technologies in blockchain, crypto finance, as well as quantum technologies to transform their business solutions. Some of its major business software includes SAP Analytics Cloud, SAP Business Explorer, SAP Business Intelligence, and SAP ERP, among others.

Samsung Electronics Co., Ltd., incorporated in 1969 and headquartered in Suwon, South Korea, is a global provider of high-tech electronics. Its product portfolio includes air conditioners, refrigerators, washing machines, laptops, and monitors, among others. The company is acclaimed as one of the pioneers in technology across the world.

Other South Korea big data market players include LG Corp. (LG CNS Co. Ltd.), Amazon Web Services, Inc., KT Corp., NAVER Cloud Corp., Saltlux Inc., 42Maru Inc, and Bespin Global Inc., among others.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Component
  • Deployment Mode
  • Organisation Size
  • Application
  • Industry Vertical
Breakup by Component
  • Solution
  • Services
Breakup by Deployment Mode
  • On-Premises
  • Cloud
Breakup by Organisation Size
  • Small and Medium Enterprises
  • Large Enterprises
Breakup by Application
  • Customer Analytics
  • Operational Analytics
  • Fraud Detection
  • Compliance
  • Data Warehouse Optimisation
  • Others
Breakup by Industry Vertical
  • BFSI
  • Telecom and IT
  • Healthcare and Life Sciences
  • Government and Defence
  • Retail and Consumer Goods
  • Media and Entertainment
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Microsoft Corp. 
  • SAP SE 
  • Samsung Electronics Co., Ltd.
  • LG Corp. (LG CNS Co. Ltd.)  
  • Amazon Web Services, Inc. 
  • KT Corp. 
  • NAVER Cloud Corp. 
  • Saltlux Inc. 
  • 42Maru Inc
  • Bespin Global Inc. 
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Looking for specific insights?

Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!

Key Questions Answered in the Report

In 2024, the market reached an approximate value of USD 2.00 billion.

The market is projected to grow at a CAGR of 9.8% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034, reaching a value of around USD 4.80 billion by 2034.

The major market drivers are rapid digitalisation, the growing volume of data generated due to rising social media usage, and the growing adoption of advanced technologies among organisations.

The key trends of the market include growing usage of predictive analytics, rising trend of data observability, increased integration of DataSecOps tools by several organisations, the surge in the deployment of AI and machine learning technologies in big data, and favourable government initiatives aimed at driving technological advancements.

Various components are solution and services.

Different deployment modes are on-premises and cloud.

The key players in the market are Microsoft Corp., SAP SE, Samsung Electronics Co., Ltd., LG Corp. (LG CNS Co. Ltd.), Amazon Web Services, Inc., KT Corp., NAVER Cloud Corp., Saltlux Inc., 42Maru Inc, and Bespin Global Inc., among others.

Datasheet

10 % Off

USD

2,499

2,249

Single User License

10 % Off

USD

3,999

3,599

Five User License

15 % Off

USD

4,999

4,249

Corporate License

15 % Off

USD

5,999

5,099

Datasheet

One User

USD 2,499

USD 2,249

tax inclusive*

  • Selected Segments
  • Printing Restrictions
  • Excel Spreadsheet Delivered via Email
  • Full Report
  • Periodic Updates
  • Post Sales Analysts Support
  • Unlimited Prints

Single User License

One User

USD 3,999

USD 3,599

tax inclusive*

  • Selected Segments
  • Printing Restrictions
  • PDF Delivered via Email
  • Custom Report Layout
  • Post Sales Analysts Support
  • Periodic Updates
  • Unlimited Prints

Five User License

Five User

USD 4,999

USD 4,249

tax inclusive*

  • All Selected Segments
  • Five Prints Available
  • PDF Delivered via Email
  • Limited Free Customization
  • Post Sales Analyst Support
  • Custom Report Layout
  • Periodic Updates
  • Unlimited Prints

Corporate License

Unlimited Users

USD 5,999

USD 5,099

tax inclusive*

  • All Selected Segments
  • Unlimited Prints Available
  • PDF & Excel Delivery via Email
  • Limited Free Customization
  • Post Sales Analysts Support
  • Discount On Next Update
  • Custom Report Layout

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Bundle Type

Flash Bundle

20% OFF Number of Reports: 3

Small Business Bundle

25% OFF Number of Reports: 5

Growth Bundle

30% OFF Number of Reports: 8

Enterprise Bundle

35% OFF Number of Reports: 10
Overview
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 80 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 100 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Flash Bundle

Number of Reports: 3

20%

tax inclusive*

  • 3 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade
  • Free Analyst Hours

Small Business Bundle

Number of Reports: 5

25%

tax inclusive*

  • 5 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade

Growth Bundle

Number of Reports: 8

30%

tax inclusive*

  • 8 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Free Analyst Hours - 80 Hours
  • Power BI Dashboards

Enterprise Bundle

Number of Reports: 10

35%

tax inclusive*

  • 10 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Power BI Dashboards
  • Free Analyst Hours - 100 Hours

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

We’re here to help answer any questions about our products and services.

Contact us

Our Offices


Australia

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63-287-899-028, +63-967-048-3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

United States

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124