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South Korea Government Spending Market Summary, Competitive Analysis and Forecast to 2028- Product Image
South Korea Government Spending Market Summary, Competitive Analysis and Forecast to 2028- Product Image
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South Korea Government Spending Market Summary, Competitive Analysis and Forecast to 2028

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    Report

  • 41 Pages
  • March 2024
  • Region: South Korea
  • MarketLine
  • ID: 5644320
Description Jump to:
Government Spending in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Government spending refers to the money spent by the government of a country to provide goods and services to its citizens. It helps to drive economic growth, create employment opportunities, and improve the standard of living for its citizens.
  • The South Korean government spending market recorded revenues of $489.1 billion in 2023, representing a compound annual growth rate (CAGR) of 4.6% between 2018 and 2023.
  • The healthcare segment accounted for the market's largest proportion in 2023, with total revenues of $173.1 billion, equivalent to 35.4% of the market's overall value.
  • South Korea accounted for a 7.0% share of the total Asia-Pacific market in 2023.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the government spending market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in South Korea
  • Leading company profiles reveal details of key government spending market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea government spending market with five year forecasts

Reasons to Buy

  • What was the size of the South Korea government spending market by value in 2023?
  • What will be the size of the South Korea government spending market in 2028?
  • What factors are affecting the strength of competition in the South Korea government spending market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's government spending market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What have been the most recent developments in the market?
8 Company Profiles
8.1. GS Engineering & Construction Corp
8.2. Hanwha Corp
8.3. Samsung C&T Corp
8.4. Korea Aerospace Industries Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher
List of Tables
Table 1: South Korea government spending sector value: $ billion, 2018-23
Table 2: South Korea government spending sector category segmentation: % share, by value, 2018-2023
Table 3: South Korea government spending sector category segmentation: $ billion, 2018-2023
Table 4: South Korea government spending sector geography segmentation: $ billion, 2023
Table 5: South Korea government spending sector value forecast: $ billion, 2023-28
Table 6: GS Engineering & Construction Corp: key facts
Table 7: GS Engineering & Construction Corp: Annual Financial Ratios
Table 8: GS Engineering & Construction Corp: Key Employees
Table 9: Hanwha Corp: key facts
Table 10: Hanwha Corp: Annual Financial Ratios
Table 11: Hanwha Corp: Key Employees
Table 12: Samsung C&T Corp: key facts
Table 13: Samsung C&T Corp: Annual Financial Ratios
Table 14: Samsung C&T Corp: Key Employees
Table 15: Korea Aerospace Industries Ltd: key facts
Table 16: Korea Aerospace Industries Ltd: Annual Financial Ratios
Table 17: Korea Aerospace Industries Ltd: Key Employees
Table 18: South Korea size of population (million), 2019-23
Table 19: South Korea gdp (constant 2005 prices, $ billion), 2019-23
Table 20: South Korea gdp (current prices, $ billion), 2019-23
Table 21: South Korea inflation, 2019-23
Table 22: South Korea consumer price index (absolute), 2019-23
Table 23: South Korea exchange rate, 2019-23
List of Figures
Figure 1: South Korea government spending sector value: $ billion, 2018-23
Figure 2: South Korea government spending sector category segmentation: $ billion, 2018-2023
Figure 3: South Korea government spending sector geography segmentation: % share, by value, 2023
Figure 4: South Korea government spending sector value forecast: $ billion, 2023-28
Figure 5: Forces driving competition in the government spending sector in South Korea, 2023
Figure 6: Drivers of buyer power in the government spending sector in South Korea, 2023
Figure 7: Drivers of supplier power in the government spending sector in South Korea, 2023
Figure 8: Factors influencing the likelihood of new entrants in the government spending sector in South Korea, 2023
Figure 9: Factors influencing the threat of substitutes in the government spending sector in South Korea, 2023
Figure 10: Drivers of degree of rivalry in the government spending sector in South Korea, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • GS Engineering & Construction Corp
  • Hanwha Corp
  • Samsung C&T Corp
  • Korea Aerospace Industries Ltd

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