SOUTH KOREA GAMING MARKET

INTRODUCTION 

Video games are viewed as a significant form of social interaction in South Korea, where most games are either cooperative or competitive.

Role-playing, first-person shooter, mobile, and MMORPG games created locally have proven to be quite well-liked throughout the nation.

In South Korea, professional video game competitions—particularly those involving real-time strategy games—have a sizable following. 

Major tournaments are frequently televised on television and provide significant cash awards. Because of the growth of its creative industries, South Korea has become one of the most powerful economies in Asia.

Many South Koreans are extremely proud of their nation's enviable reputation as a pro-gaming superpower. As a result, more and more IT corporations are seeing the financial benefits of funding and supporting e-sports athletes.

MARKET DYNAMICS

The controversial regulation that prohibits young people from playing online video games late at night is being repealed, according to the South Korean government. The law prohibits children under the age of 18 from playing online PC games.

It was first adopted in the early years to stop excessive play and gaming addiction. Any non-compliant video game firms will be fined.

However, according to a recent story in The Korea Herald, the country's Ministry of Culture, Sports, and Tourism as well as the Ministry of Gender Equality and Family intend to repeal this rule in order to respect the rights of children.

The Gender Ministry also has plans to develop both online and physical rehabilitation camps, as well as measures to recognise young people who play too much and provide counselling and treatment.

SOUTH KOREA GAMING MARKET SIZE AND FORECAST

The South Korea Gaming Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030. 

COMPANY PROFILE

• Sony
• Microsoft
• Nintendo
• Epic Games, Inc.
• Ubisoft Entertainment SA

THIS REPORT WILL ANSWER THE FOLLOWING QUESTIONS

1.    What is the average cost per South Korea Gaming Market right now and how will it change in the next 5-6 years?  
2.    Average cost to set up a South Korea Gaming Market in South Korea? 
3.    How many South Korea Gaming Market are manufactured per annum globally? Who are the sub-component suppliers in different regions? 
4.    What is happening to the overall public, globally?  
5.    Cost breakup of a South Korea Gaming Market and key vendor selection criteria 
6.    Where is the South Korea Gaming Market manufactured? What is the average margin per equipment? 
7.    Market share of South Korea Gaming Market manufacturers and their upcoming products 
8.    The most important planned South Korea Gaming Market in the next 2 years 
9.    Details on a network of major South Korea Gaming Market and pricing plans 
10. Cost advantage for OEMs who manufacture South Korea Gaming Market in-house 
11. 5 key predictions for the next 5 years in South Korea Gaming Market 
12. Average B-2-B South Korea Gaming Market price in all segments 
13. Latest trends in South Korea Gaming Market, by every market segment 
14. The market size (both volume and value) of South Korea Gaming Market in 2022-2030 and every year in between? 
15. Global production breakup of South Korea Gaming Market, by suppliers and their OEM relationship