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Software in South Korea - Industry and Country Analysis
MarketLine, Aug 2011, Pages: 72
Project Synopsis:
Software in South Korea – Industry and Country Analysis provides five forces Industry analysis, along with PESTLE country analysis of South Korea. This report concludes with profiles of the leading companies in the Korean software market .
Project Description:
Includes market value/volume, geographical segmentation, and five forces (buyer power, supplier power, new entrants, substitutes, and rivalry) analysis of the Software Industry in South Korea. The PESTLE analysis section analyzes the current challenges, future prospects and risks across political, economic, social, technological, legal and environmental areas of the country.
Scope:
- Contains data on market value, volume and/or segmentation for Software in South Korea.
- Incorporates in-depth five forces competitive environment analysis.
- analyzes the political, economic, social, technological, legal and environmental (PESTLE) structure of South Korea.
- The leading companies are identified with supporting key financial metrics (where available)
Market Definition:
The computer software market consists of systems and application software. Systems software comprises operating systems, network and database management and other systems software. Application software comprises general business productivity and home use applications, cross-industry and vertical market applications, and other application software. Market value figures are assessed at manufacturer selling price (MSP), based on revenues from software sales and licenses. Any currency conversions used in the creation of this report have been calculated using constant 2009 annual average exchange rates.
Highlights:
The South Korean software market had total revenue of $2.3 billion in 2009, representing a compound annual growth rate (CAGR) of 7.5% for the period spanning 2005-2009.
Sales of general business productivity and home use applications proved the most lucrative for the South Korean software market in 2009, with total revenues of $902.9 million, equivalent to 38.9% of the market's overall value.
The performance of the market is forecast to accelerate, with an anticipated CAGR of 9.1% for the five-year period 2009-2014, which is expected to drive the market to a value of $3.6 billion by the end of 2014.
Reasons to purchase:
- Spot future trends and developments
- Inform your business decisions
- Add weight to presentations and marketing materials
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