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Korea market outlook in 2009

Digieco, a KT Management Research Laboratory, has unveiled its research about Korea communication market outlook in 2009. According to the forecast, although the global economy has been slowing down since second half of this year, there is some optimism that the market will go growing, a little. The market is predicted to grow to 308.1 trillion won (about US$ 220 billion). It is a 6.7% higher than this year.

In other forecast, Digieco predicts VoIP subscribers will grow even bigger-thanks to its cheap plan-to 114% next year. 8.2 million users is going to subscribe for VoIP plan, that equals to 270 billion won in amount (approx. US$ 157 million).

Report also pointed out three changes of paradigm from 2008 Korean communication industry as follows:

1. IT governance changes

2. Government policies for IT industry growth changes

3. Competition dynamics change in Korean communication industry

Report also forecasted that the Korean communication industry will change through convergence of media such as broadcasts, telecom, internet, newspapers especially with the start of Korea Communications Commisions, equivalent to Ofcom in UK.

Source

Asia Pacific, Korea, Research

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3 COMMENTS

  1. # 1 yunho

    Nice to see my post here. Hope you to come to my Blog more often.

  2. # 2 Amir Karimuddin

    @yunho
    Thanks for your info about Korea market also. Looking forward for more :)

  3. # 3 Korea Tech Blog

    This looks like a great report to read, thanks for bringing the resource to my attention.

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