Technologies Impacting the Future of Korea

  • ID: 4449247
  • Report
  • Region: North Korea, South Korea
  • 76 Pages
  • Frost & Sullivan
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Technologies that Will Disrupt the Korean Innovation Landscape

Korea is one of the world’s biggest innovators in terms of research and development, patent activity, number of high-tech companies, value-added manufacturing, and researcher density per million of population. Korea’s remarkable economic rise over the past decade can be attributed to the high amount of innovation and the rapid technology development. This report aims to outline broadly, those technologies that will disrupt the Korean innovation landscape in the near horizon.

Ten technologies that we consider to be most impactful across a diverse technology areas have been profiled in this report, and they are:

  • Big Data technology
  • 5G
  • Smart Factories
  • Rapid Charging
  • Healthcare IT
  • Digital Biomarkers
  • Smart Water Management
  • Electric Vehicles
  • Lightweight Materials
  • Bio-based Materials
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1.0 Executive Summary
1.1 Research Scope

2.0 Key Findings
2.1 5G is Expected to be Commercialized by 2019
2.2 Smart Water Technologies Will Receive Increased Funding
2.3 The Electric Vehicle Market is Expected to Reach 30% of Market Share by 2022
2.4 Graphene is Key Material in Lightweight Material Development

3.0 Big Data
3.1 Big Data Technology Combined with Advanced Analytic Tools Will Be the Key Driving Force for the Korean Market
3.2 Big Data Applications in the Korean Market
3.3 South Korea's Big Data Analytics Companies Are Exploring Partnerships to Scale up their Business Offerings
3.4 SK Telecom is the Powerhouse of Big Data Technology Innovation in South Korea
3.5 The Korean Public and Private Sectors Need to Spend on Big Data Development to Sustain in the IoT Ecosystem

4.0 5G
4.1 5G Technology Penetration Rate in Korea Is Expected to Reach 5% by 2020
4.2 Emerging Applications Roadmap for Korean 5G Market
4.3 South Korea's Telcos are Partnering with Technology Vendors to Speed up 5G Development and Services in the Country.
4.4 Samsung is the Powerhouse of 5G Technology Innovation in South Korea
4.5 Confusion over Standard Global 5G Norms is Hindering the Smooth Adoption of 5G Technology across the Globe, Including Korea

5.0 Smart Factories
5.1 Trends Driving Manufacturing Innovations in Korea
5.2 Key Funding Initiatives
5.3 Key Technology Focus Areas of Korean Smart Manufacturing Developers
5.4 Key Trends, Technologies, and Enabling Applications
5.5 Patent and Research Focus Areas
5.6 Future of Smart Factories: Technology Roadmap

6.0 Rapid Charging
6.1 Korea is Emerging to be Potential Market for Rapid Charging Driven by Government Initiatives to Deploy Charging Stations
6.2 Impact of Key Megatrends - Charging-as-a-Service Business Model can Open up New Revenue Streams
6.3 Majority of the Patents Filed Intend to Improve the Sophistication of Charging Circuits
6.4 Technology Adoption Roadmap - Forecast 2022
6.5 Global Industry Leaders will Drive Growth Opportunities in South Korea

7.0 Healthcare IT
7.1 MedTech Market in Korea is Growing at an Annual Rate of 6%, Boosting Adoption of Digital Healthcare Solutions
7.2 Healthcare IT Solutions Centralize the entire Process of Care Delivery via Integration of Systems For Better Efficiency
7.3 Developments within Artificial Intelligence Steer Adoption of Healthcare IT Solutions Catering to Emerging Industry Needs
7.4 South Korea Leads Most Asian Countries in the Intensity of Funding Available for Technology Development in the Area of Health IT
7.5 Short-term Tech Roadmap
7.6 Medium-term Tech Roadmap
7.7 Long-term Tech Roadmap

8.0 Digital Biomarkers
8.1 Growing Number of Clinical Trials across Medical Facilities in South Korea is Enabling Identification of Potential Digital Biomarkers
8.2 Genomics, Proteomics, Metabolomics, and Glycomics Represent Large Areas Under Which a Range of Digital Biomarkers has Been Identified
8.3 Collaborative Research between Academia and Industry Paves Way For Identification of Digital Biomarkers
8.4 South Korea Leads Most Asian Countries in the Intensity of Financial Support Available for Research on Digital Biomarkers
8.5 Short-term Tech Roadmap
8.6 Medium-term Tech Roadmap
8.7 Long-term Tech Roadmap

9.0 Smart Water Management
9.1 Smart Water Infrastructure Will Aid in Proper Management of Fresh Water Resources in South Korea
9.2 Water, Wastewater, and Agricultural Sectors Will be Influenced by the Development of Smart Water Grids
9.3 Initiatives from Various Ministries Will Provide Important Support for the Development of Smart Water Infrastructure
9.4 Funding for Developing Smart Water Grid Infrastructure will Reduce the Load on Fresh Water Resources in Korea
9.5 Innovations Based on ICT and Advanced Metering Infrastructure Will Optimize the Efficiency of Smart Water Grids
9.6 Key Questions for Strategy Planning

10.0 Electric Vehicles
10.1 Greater Prospects for Emission Reduction is the Major Driver for Electric Vehicle Adoption in Korea
10.2 Electric Vehicles Are Poised to Be a Major Integral Component in the Korean Automobile Industry
10.3 South Korea Has an Established Supply Chain for Facilitating EV Market Take-Off
10.4 Key Funding and Partnerships Influencing South Korean EV Market
10.5 Future Roadmap for Development of EVs in Korea
 
11.0 Lightweight Materials
11.1 Lightweight Materials are in Demand for Improving Fuel Efficiency and Imparting Flexibility in Electronic Devices
11.2 Key Stakeholder Developments: Significant R&D Initiatives on Fabricating Lightweight Materials with Additional Functionalities
11.3 Strategic Insights: Collaborative R&D Initiatives and Joint Development Projects Would Help Increase Market Stronghold

12.0 Bio-based Materials
12.1 Bio-based Materials to Promote Sustainability and Recyclability
12.2 Key Stakeholder Developments: Innovations on Bioplastic Packaging are Leading
12.3 Strategic Insights: Future Focus is Toward Enhancing Sustainability Potential of the Material

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