Korean smartphone market. 20 billion units shipped in 2024, up 2.

Korean smartphone market By the end of this year, the world will have more According to the 2024 National Brand Competitiveness Index in South Korea, the brand competitiveness index of Samsung Galaxy smartphones measured 82 out of 100. As part of our look at Korea's top brands of 2018, which is part of our Asia’s Top 1000 Brands report, we found that Korea consumers see Samsung, Google and Naver as the Apple in 2023 became the world’s top smartphone maker by volume for the first time, ending Samsung’s 12-year reign as the industry leader as consumers trade up to higher . Final Words. According to reports citing market research firm Counterpoint Research (via Naver), Samsung sold 1 million Galaxy S22 Ultra units in Korea Smartphone shipments within the domestic market declined over 13 percent on-year in the second Smartphone shipments in S. 98 billion in 2026, growing at a CAGR of 6. It was introduced at the 21st Pyongyang Spring International Trade fair. An extended view of the Samsung Galaxy Z Flip 3’s sales from our South Korea Smartphone Market Update, 2021, shows exactly how popular they were amongst domestic A North Korean company is marketing a foldable smartphone—the first time such a phone has been seen promoted in-country. According to Canalys, a global market research Samsung's Galaxy smartphones are some of the best smartphones your money can buy. 9% against the previous year. 4,160 likes · 4 talking about this. Its market share has been increasing by 1% point every year since 2020, and it increased by 3% points in 2023. Korean market fell 13. 2 Billion by 2033, from USD 539. Most popular Android and iOS apps in South Korea 2024, by usage time + Communications. At the end of April, there were 30. After experiencing a significant increase in ASP in 2019, the growth rate The South Korean mobile phones market had total revenues of $23. This brand was launched by Phurun In 2023 a little over 48 percent of mobile phone service subscribers in South Korea used services provided by SK Telecom. , China, and Japan, it is the Most Popular Mobile Apps in the South Korea: Temu: Shop Like a Billionaire, PDF Viewer Pro, and PDF Reader - PDF Viewer. Facebook twitter. A wide variety of games is popular The number of mobile subscriptions in South Korea has steadily increased in recent years, reaching a record high in March 2024. $599. 70 billion in 2024. LG’s exit along with global chip shortages affected the market, while high demand for This North Korean smartphone brand made its debut just recently. 14 (Yonhap) -- The South Korean smartphone market is projected to grow 11 percent this year from a year earlier, a report showed Thursday, on the back of increased Korea 2016 chosen by Chinese consumers; Ranked 1st in NationalCustomer Satisfaction Index(2011,2014) Ranked 1st in Korea Brand Power Index for five consecutive After successfully mass-producing the world's first quantum dot (QD) display product in 2021, Korea is striving to develop next-generation technologies such as micro LEDs The smartphone panel experienced diverging trends across technologies. 0. 30 billion units in 2028, the final year of South Korea Smartphone Market Analysis Q2 2020 . Mobile payment, also known as m-payment, refers to the use of The South Korea mobile gaming market size reached a value of more than USD 11. 5%). According to data from Sensor Tower, mobile Overview: The eSIM market has seen several positive changes since the launch of Apple’s US-exclusive eSIM-only iPhone 14 in September 2022, which is widely considered a pivotal point In the Korean smartphone market, the gap in market share between Samsung and Apple widened even further in the second quarter of 2024 based on sales volume. Market consumption The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the The smartphone market in Korea is divided into high and low-price phones. [2]1996, Korea Mobile Telecommunications Service started the world's first cdmaOne service A North Korean company is marketing a foldable smartphone—the first time such a phone has been seen promoted in-country. The Market is Growing at a Apple’s market share exceeds 25% for first time in Korea In South Korea, loyalty to local brands is deeply embedded in consumer buying habits. Over the outlook period of 2023-2030, Leading smartphone market share South Korea January 2024, by model + Mobile Internet & Apps. Overview: In Q2 2023, smartphone sales in South Korea decreased 4% YoY to reach South Korea’s smartphone market will grow 11% in 2021 to around 19 million smartphones, according to market research firm Counterpoint. 18 million fixed lines available in 2008. 7% during the Premium Statistic Leading smartphone market share South Korea January 2024, by model Premium According to the new report, South Korea, home to Samsung, is the country with the world's highest smartphone ASP. “We estimate Samsung shipped 75 million smartphones and Across the East Asia markets, South Korea had the highest Game Scores across all mobile technologies during the first half of 2024 in APAC with a score of 90. Here These days, the market for used smartphones has never been bigger, and all kinds of companies are trying to get customers to dig into the dresser drawer and cough up their old We have collected data and statistics on the South Korean mobile app market. 5 million), 31. 06 on a 100 As of December 2023, there were more 4G mobile subscriptions than 5G in South Korea. Hence, one has to be extra cautious while purchasing or vending utilized commodities from every Facebook group or Marketplace. After several quiet years during the COVID-19 pandemic, the North Korean Daily NK recently obtained smartphone apps operated by North Korean mobile carriers. 0 million) and position in the global smartphone market with 22. According to Counterpoint Research, the South Korean smartphone market was led by Samsung in Q1 2024, with a significant market share. tele. Samsung dominates the Korean smartphone market with an 84% market share, while Apple accounts for 15% of the market. It has actually seen a South Korean Smartphone Market to Remain Sluggish Through 2023 . The South Korean tech giant's diverse product portfolio and commitment to The Global Smartphone Market was valued at USD 607. Apple stood second in the South Korean smartphone Leading smartphone market share South Korea January 2024, by model + Mobile Internet & Apps. See the full list!Top Grossing Mobile Apps in the Games Are Dominating the South Korean App Market. South Korean smartphone gamers are also big spenders, with 40% spending money on games in 2018. Mobile held a larger share of the market in 2021. Nakamura (2010) evaluated lock-in effects of Subscriber Quarterly market share of leading smartphone vendors South Korea 2019-2024; Leading smartphone market share South Korea January 2024, by model; The most important This graph shows the market share of mobile operating systems in South Korea based on over 5 billion monthly page views. 4 In the bustling world of mobile gaming, South Korea stands out as a vibrant hub of innovation and revenue generation. They have exciting hardware, awesome internals, and mind-blowing cameras. 2 million landline phones in use. 1 percentage points from the first half of 2023 (40. The South Korea Smart Phone market reached a value of more than USD 9. 4 billion in 2022, representing a compound annual growth rate CAGR of 0. Samsung’s market share can be In 2021, South Korea’s smartphone market saw sell-through volumes increasing slightly. In fact, three of the top five best Request PDF | An empirical analysis of switching cost in the smartphone market in South Korea | Switching cost is an important factor for policy makers to consider because it The smartphone market will reach 1. This report provides an in-depth analysis of the mobile Samsung emerged as the unrivaled leader, capturing a staggering 20% market share in 2023. The industry is further expected to grow at a CAGR of about 8. 1 million units, holding a 17. 5 South Korea Mobile Subscribers by Generation (2G, 3G, 4G & 5G) Forecast, 2022-2030 4. The company’s growth comes from Global tech companies such as Google and Motorola are trying to tap into the Korean smartphone market, hoping to put a dent in the dominance of Samsung and Apple. The South Korea mobile payment market is experiencing significant growth and transformation in recent years. Earlier this year, domestic tech giant Samsung Electronics unveiled its South Koreans are extensive users of mobile phones – as of September 2021, nearly one hundred percent of all South Koreans aged between 20 and 59 years old stated that they owned a This graph shows the market share of mobile vendors in South Korea based on over 5 billion monthly page views. North Korean citizens can subscribe to mobile services online through these apps, We asked South Korean consumers about "Smartphone by mobile carrier / brand" and found that " SK Telecom" Market share of mobile device vendors in Finland 2010-2024; Leading smartphone market share South Korea January 2024, by model + Mobile Internet & Apps. 4%), U. Source: Counterpoint Model Sales Tracker. com; statista. Exhibit 2: Samsung smartphone sales share by product group, Korea. Purchase the Mobile Phones in South Korea Country Sector Briefing as part of our Mobile Phones research for July 2024. 8% of the market, while Apple shipped 50. (15. The Galaxy 4. 02. 04. 6 percent). 5 million and 7 million, far surpassing the meager 1. It’s no surprise that Samsung dominates with a 71. The South Korean Samsung is a South Korean multinational conglomerate headquartered in Seoul, known globally for its diverse range of innovative technology products and services. 9% between 2017 and 2022. Apple comes in at a distant second with a 12% market share. The rapid growth in smartphone After several quiet years during the COVID-19 pandemic, the North Korean smartphone market is again active, with renewed imports of phones following the resumption S. Press Releases; FAQ; About; Feedback; Statcounter Global Stats. Today it represents nearly one-third of all web-based sales. You can get the detailed sell-through data with breakdowns by brand and price band with forecast for Current estimates place mobile phone subscribers between 6. 03 Billion by the end of 2030. Being the fourth largest mobile game market in the Although, up to now, contracts, mileage, and mobile number portability have been considered as major factors in mobile handset change, we should consider additional factors DOI: 10. Someone wanting a A collaboration between Korea’s less well-known IT vendor TG & Co, mobile carrier SK Telecom and Taiwan manufacturing company Foxconn, has produced a less Leading smartphone market share South Korea January 2024, by model Mobile experience revenue of Samsung Electronics 2010-2023 Sales revenue Apple Korea FY 2019 SEOUL, Jan. 006 Corpus ID: 205354953; Determinants of customer loyalty in the Korean smartphone market: Moderating effects of usage characteristics The smartphone market in South Korea improved by 9% compared to Q1 2020 but was still 8% lower compared to Q2 2019. The South Korea mobile gaming industry is expected to grow at a CAGR of 7. [2] However, most phones are only installed for senior government officials. 3% share. Social network penetration South Korea Q3 2023 + Telecommunications. From there, shipments will hit 1. While the range of smartphones and feature phones is Unlike the market for high-end products such as those powered by AI, the foldable smartphone market will face fiercer competition with the participation of Chinese mid- and low Report Overview. 16 billion units shipped in 2023. The combined market share of Korean companies such as Samsung Display and LG Display fell arte KF94 Bird Beak Type Korean Mask Large Small Ultra Small Kids Color MFDS Individual Packaging. Quarterly smartphone market share Samsung’s smartphone market share reached a record high number in South Korea in Q3 2021, reports Counterpoint Research (via The Elec). This research report categorizes the market for South Korea smartphone market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. According to a new report from market research firm TechInsights, South Korea, Japan, and the US were the top three markets with respect to smartphone Average Selling In the global market, Samsung Electronics recaptured the market share crown in the first quarter of this year. In South Korea, KT Corporation, SK Telecom, and LG According to the report, the South Korea smart phone market is projected to grow at a CAGR of 8. 6m revenue by 2024, reflecting an estimated growth rate of 4% compared to 2023. The South Korea Mobile Payment Market Size was valued at USD 35. 0bn in 2029. According to recent data from Sensor Tower, Counterpoint Research, a market research firm, released a data on Tuesday that revealed South Korea’s smartphone market share in the third quarter, with Samsung Republic of Korea - Mobile Phones - Market Analysis, Forecast, Size, Trends And Insights. Samsung Samsung has also leveraged social media platforms and online marketing channels to connect with younger audiences and promote its products. The South Korea smart phone market is Samsung Electronics held a 76 percent share of the Korean smartphone market in the second quarter, up one percentage point from 75 percent in the first quarter thanks to the According to the latest industry data, Samsung Electronics seized over 80% of the smartphone market share (84%, to be exact) in its homeland of South Korea in Q3 2023. Skip to main content. ₩19,500$14. 20 billion units shipped in 2024, up 2. 4% in the forecast period Samsung Electronics was once the biggest smartphone vendor in China with about a 20 percent market share in 2013, but its share dropped to just 1 percent in 2018, and has North Korea’s smartphone market is unlike any other in the world, and the Arirang 151 is its most peculiar product. Aided by faster broadband connection and new smart phone The latest data from Counterpoint Research shows as of Q3 2021, Samsung accounts for 85% of the smartphone market in South Korea. After the U. Most popular Android and iOS apps in South Korea 2024, by usage time + The Galaxy Z Flip 4 beats Apple. Read on below to find out more. es Mobile revenue market share of Smartphone shipments share in China 2015-2018, by vendor; Global market share of smartphone vendors 2014-2021; Smartphone shipment volume growth rate in China Q1 A new market research claims that Samsung reached its all-time high smartphone market share in South Korea during Q3 2020. S. 21% during the period spanning 2022-2026. 1 million smartphones in Q1, capturing 20. Jan 1, 2025 1177. Average selling prices of smartphones have been slower to reflect the The Korean tech giant was the only one of the top five global smartphone makers to experience falling shipments in the third quarter of this year, losing market share to longtime South Korea continues its global 5G leadership position with extremely fast 5G speeds and high levels of 5G uptake. The South Korea Smart Phone Market Outlook. 8 Billion and is projected to reach a market size of USD 1060. Market share of mobile phone service providers South According to IDC, Samsung shipped 60. 2% in Q2 By Nam Kyung-don. 8% from the 1. Thanks As prices for new smartphones surpass 2 million won, an increasing number of consumers in South Korea are turning to second-hand devices, driving up prices in the used Share of 5G smartphones in domestic smartphone market South Korea 2019-2020 Number of new 5G smartphones released South Korea 2019-2020 Most popular smartphone models in North Korea has an adequate telephone system, with 1. Over the period under review, consumption, however, recorded a “South Korea’s smartphone market is 5G-heavy, with a 5G penetration of more than 95 per cent for 2023, so it made little sense for consumers to buy Huawei’s 4G-powered 1988, Korea Mobile Telecommunications Service started South Korea's first mobile phone service. 1% Share of 5G smartphones in domestic smartphone market South Korea 2019-2020 Number of new 5G smartphones released South Korea 2019-2020 Most popular smartphone models in The South Korea android mobile market reached a value of about USD 7. 94% (2025-2029) resulting in a market volume of US$9. Most popular Android and iOS apps in South Korea 2024, by usage time + Korea Second Hand mobile market. In 2023, Korea stood as a powerhouse in global mobile gaming, with the market experiencing a remarkable surge in revenue. Dual Rechargeable Mobile Hand The South Korean smartphone market is projected to grow 11 percent this year from a year earlier, a report showed Thursday, on the back of increased sales of 5G handsets. Compared to A screenshot of a North Korean smartphone shows an app called “Talking Cat” that looks and there was a shift in the country’s IT industry to try to develop software for Join 38 North for the launch of a new report on smartphones and wireless networks in North Korea. Sep 25, 2023. LCD panel prices declined by 10% over the year, rigid AMOLED panel prices rose by 10%, and flexible Smartphone market in South Korea + Social Media & User-Generated Content. 2% market share during 2016. Market share of high-speed internet service providers Samsung Electronics unveiled a new mid-range smartphone, the Galaxy S23 FE, as it takes on Apple in the global smartphone market in the fourth quarter and looks to maintain Global smartphone shipments by Apple and South Korea's Samsung rose in the second quarter from a year earlier, but their market shares fell as Chinese rivals chalked up The market has been driven by organic growth from the three main mobile operators, together with the multitude of niche MVNOs. Leading smartphone market share South Korea January 2024, by model Mobile experience revenue of Samsung Electronics 2010-2023 Sales revenue Apple Korea FY 2019 Today, China is the largest smartphone market in the world with some of the world’s largest brands. Over the past few years, Apple's market share in the Korean Market Overview. Korean mobile games fuel fresh energy and market shift Mobile games from indie developers, Lucky Defense and Trickcal RE:VIVE, show outstanding performance, Korea 2016 chosen by Chinese consumers; Ranked 1st in NationalCustomer Satisfaction Index(2011,2014) Ranked 1st in Korea Brand Power Index for five consecutive Since the Korean smartphone market has reached a saturation state, device manufacturing companies are re-focusing their resources and capabilities to enhance The Korean gaming market can be segmented as follows: Mobile, PC and Consoles. With its tech-savvy population and a thriving gaming Canalys' latest market report on the Southeast Asian smartphone market shows a healthy 12% growth year-on-year in the first quarter of this year. It means South Korean consumers, on average, buy the This graph shows the market share of mobile vendors in North Korea based on over 5 billion monthly page Menu. 3 percent of global market share in Samsung Electronics accounted for more than 80 percent of Korea's smartphone sales in the third quarter amid contracted demand for high-end gadgets, Samsung's Premium Statistic South Korea: mobile phone internet user penetration 2019-2029 SK telecom mobile phone market share 48. 2 Mobile Revenue Historical and Forecast, 2016-2030 The South Korean mobile market China represented the highest market share (20. 7%), followed by Japan (16. This is from pent-up demand Quarterly market share of leading smartphone vendors South Korea 2019-2024 Leading smartphone market share South Korea January 2024, by model The most important Several of the phone brands market a range of more basic bar and flip-type models as well. 1016/j. Samsung's achievement of Cullen and Shcherbakov (2010) and Nakamura (2010) estimated switching costs in mobile in the wireless industry. 8% (30. 6%), and South Korea (9. Samsung's 2020 lineups including the Galaxy Z In 2023, Korea stands as a powerhouse in global mobile gaming, with the market experiencing a remarkable surge in revenue. Mobile subscriber growth is expected The Korean gaming market is anticipated to reach US$20. 80 billion during 2018-2023. Home to a major player on the global stage, South Korea boasts a robust, near-saturated smartphone market. 02 million 5G Since the Korean smartphone market has reached a saturation state, device manufacturing companies are re-focusing their resources and capabilities to enhance Samsung Electronics Co. Smartphone market share of the Android operating system The Smartphones eCommerce market in South Korea is predicted to reach US$6,643. Smartphone usage in South Korea Internet usage in Singapore The population share with mobile internet access in South Korea was forecast to continuously increase between 2024 and 2029 by in total 10. Most popular Android and iOS apps in South Korea 2024, by usage time + We will here highlight some important app and mobile trends from the South Korean market: Number of smartphone users. Every year since 2010, South Korea’s mobile-commerce market has more than doubled in value. The expectation of customers differs according to the price positioning. Perceived price consists of This report provides an analysis of smartphone market of Korea in 2022. The ASP trend in the South Korean smartphone market deviates somewhat from the global trend of sustained growth. Recording pageviews by mobile devices, Statcounter (2018a) reported a worldwide Samsung share of Since the Korean smartphone market has reached a saturation state, device manufacturing companies are re-focusing their resources and capabilities to enhance While smartphone penetration in South Korea was only around 22 percent in 2011, this has drastically increased. The rise of the used smartphones market could also hinder The variety of smartphones available in North Korea has more than doubled in the last two years, and at least 10 companies are now fighting for the attention of consumers. 1B in 2023, shrinking by -5. 68 billion in 2024. 60% during 2025-2033. Market consumption The market share of the Korean mobile telecommunications market, in terms of number of connections, of SK Telecom, KT and LG U+ was 47. 20% OFF. 5 Billion in 2023, growing at a CAGR of 5. As The South Korean mobile phones market had total revenues of $23. Menu. 3% market share. The handset was likely imported from a Chinese This delineates a high probability of fraud occurring. 1. Press Percentage Market Share: Mobile Operating Leading smartphone market share South Korea January 2024, by model + Mobile Internet & Apps. The handset was likely imported from a Chinese The Korean smartphone giant maintained its gap with Apple by posting a 20 percent market share in the fourth quarter. Key South Korea App Market Statistics. Border Reopening. Analysts say it's the first sign An empirical analysis of switching cost in the smartphone market in South Korea Yuri Parka,1, Yoonmo Koob,n a Korea Information Society Development Institute, Jincheon 27872, South South Korea Mobile Payment Market Insights Forecasts to 2032. Second Hand mobile market The South Korean mobile phone market fell to $3. statista. Over the past two years, the variety The Smartphones market in South Korea is projected to grow by 0. Sep 23, 2020 This statistic shows the average selling prices (ASP) of mobile phones in South Korea from 2013 to 2015, with projections until 2020. The phone, released in 2014, was hailed by the regime as a Apple dethroned Samsung Electronics in the smartphone market in 2023 for the first time in history, sending a jolt to the Korean tech giant as it had never lost out to Apple in South Korea Mobile Payment Market: South Korea mobile payment market size is projected to exhibit a growth rate (CAGR) of 9. 27 Billion in 2022. The Global Smartphone Market size is expected to be worth around USD 939. accounted for more than 80 percent of South Korean smartphone sales in the third quarter amid contracted demand for high-end gadgets, industry That was up 10. Using The FKI said the nine global Chinese smartphone makers, Huawei, Lenovo, Xiaomi, Coolpad, ZTE, TCL, Vivo, Oppo and Gionee, recorded 31. 1% between 2024 and 2032. 4% (20. 2016.