Cloud Computing Market in Korea 2014-2018
- ID: 2726327
- December 2013
- 58 pages
The analysts forecast the Cloud Computing market in Korea to grow at a CAGR of 22.16 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increase in government initiatives to develop cloud computing facilities in the country. The Cloud Computing market in Korea has also been witnessing the increased demand for private cloud computing. However, the increasing concerns regarding data security could pose a challenge to the growth of this market.
The report, the Cloud Computing Market in Korea 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on Korea; it also covers the Cloud Computing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space are Amazon Web Services Inc., KT Corp., Microsoft Corp., and SK Telecom Co. Ltd.
Other vendors mentioned in the report are Computer Sciences Corp., Google Inc., IBM Corp., LG CNS, LG Uplus Corp., and Samsung SDS Co. Ltd.
Key questions answered in this report:
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
06. Market Landscape
06.1 Market Overview
06.2 Evolution of Cloud Computing in Korea
06.3 State of Cloud Computing in Korea
06.4 Macro-Economic Factors affecting the Cloud Computing Market in Korea
06.5 Market Size and Forecast
06.6 Five Forces Analysis
07. Public Cloud Market in Korea
07.1 Market Size and Forecast
07.2 Public Cloud Market Segmentation by Service Models
08. Private Cloud Market in Korea
08.1 Market Size and Forecast
08.2 Private Cloud Market Segmentation by Service Models
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
16.1 Competitive Scenario
16.2 Market Share Analysis 2013
16.3 Prominent Vendors
17. Key Vendor Analysis
17.1 Amazon Web Services Inc.
17.1.1 Business Overview
17.1.2 Business Segmentation
17.1.3 Key Information
17.1.4 SWOT Analysis
17.2 KT Corp.
17.2.1 Business Overview
17.2.2 Business Segmentation
17.2.3 Key Information
17.2.4 SWOT Analysis
17.3 Microsoft Corp.
17.3.1 Business Overview
17.3.2 Business Segmentation
17.3.3 Key Information
17.3.4 SWOT Analysis
17.4 SK Telecom Co. Ltd.
17.4.1 Business Overview
17.4.2 Key Information
17.4.3 SWOT Analysis
18. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Cloud Computing Market Overview
Exhibit 3: Evolution of Cloud Computing Market in Korea
Exhibit 4: Private Cloud Adoption Rates in APEJ 2013
Exhibit 5: Hybrid Cloud Adoption Rates in APEJ 2013
Exhibit 6: Public Cloud Adoption Rates in APEJ 2013
Exhibit 7: PC Installed Base in Korea Vs. Global PC Installed Base(Commercial PCs)
Exhibit 8: Countries with Highest FTTH/B Penetration 2012
Exhibit 9: Cloud Computing Market in Korea 2014-2018 (US$ million)
Exhibit 10: Cloud Computing Market in Korea 2012-2018 (US$ million)
Exhibit 11: Public Cloud Market in Korea 2013-2018 (US$ million)
Exhibit 12: Public Cloud Market in Korea 2012-2018 (US$ million)
Exhibit 13: Private Cloud Market in Korea 2013-2018 (US$ million)
Exhibit 14: Private Cloud Market in Korea 2012-2018 (US$ million)
Exhibit 15: Cloud Computing Market in Korea by Vendor Segmentation 2013
Exhibit 16: Business Segmentation of Amazon Web Services Inc.
Exhibit 17: Business Segmentation of KT Corp.
Exhibit 18: Business Segmentation of Microsoft Corp.
Commenting on the report, an analyst from the team said: “There is a huge demand for private cloud computing among government agencies and large enterprises in Korea. Government agencies in Korea are concerned about data security and are therefore looking to adopt more of private cloud rather than public. Private cloud infrastructure is dedicated to a single organization and assures a high level of security as it cannot be accessed by other companies in the same data center. Large enterprises in Korea are adopting a private cloud to have a greater control of their data. In case of the public cloud, third-party providers are in charge of the data systems. However, in a private cloud, organizations can themselves maintain and monitor the data systems, which allow them a complete oversight of their data. ”
According to the report, although there are many factors driving the growth of the Cloud Computing market in Korea, one of the main drivers is the increase in government initiatives to create cloud computing infrastructure in the country. This is mainly to improve performance and reduce the cost of IT of Korean businesses. The government plans to continue investing over the next few years and aims to contribute 10 percent of the Global Cloud Computing market by 2014. The government is not only making the environment favorable for multinational cloud vendors but is also trying to attract local players into the market.
Further, the report states that one of the most common barriers to the growth of the market is the increasing concerns regarding data security. Organizations are anxious about the security of data when storing information on cloud networks or on any other technology platform. There are various forms of storing crucial information but there is always a risk of loss of data. Failure to retrieve the data will lead to a considerable loss.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.