Digital Newspapers & Magazines - South Korea

  • South Korea
  • In South Korea, the revenue in the Digital Newspapers & Magazines market is forecasted to reach US$0.95bn in 2024.
  • The revenue is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of 2.02%, leading to a projected market volume of US$1.05bn by 2029.
  • The number of users in the Digital Newspapers & Magazines sector is expected to reach 17.1m users by 2029.
  • User penetration is projected to be 31.2% in 2024 and is poised to increase to 33.2% by 2029.
  • The average revenue per user (ARPU) is forecasted to be US$58.95.
  • When compared globally, the majority of revenue will be generated the in the United States (US$16,430.00m in 2024).
  • In 2023, a proportion of 35.4% of users belong to the Medium income income group, while 51.0% of users are male in the same year.
  • South Korea's digital newspapers & magazines market is thriving with innovative multimedia content and personalized subscription services, catering to tech-savvy consumers.

Key regions: China, Japan, Europe, India, South Korea

Region comparison


Data coverage:

The data encompasses B2C enterprises. Figures are based on the Newspapers & Magazines market, which comprises revenues from physical publications as well as digital replicas (ePapers and eMagazines). The market includes both consumer and advertising spending. All monetary figures refer to consumer spending on digital goods or subscriptions in the respective market. This spending factors in discounts, margins, and taxes.

Modeling approach / market size:

The market size is determined through a bottom-up approach. We use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., Consumer Insights), as well as performance factors (e.g., user penetration, price per product, usage) to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as various macroeconomic indicators, historical developments, current trends, and reported performance indicators of key market players. In particular, we consider average prices and annual purchase frequencies.


We apply a variety of forecasting techniques, depending on the behavior of the relevant market. For instance, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. The main drivers are GDP per capita, consumer spending per capita, and 4G coverage.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Consumer Insights data is reweighted for representativeness.


  • Revenue
  • Users
  • Demographics
  • Global Comparison
  • Methodology
  • Key Market Indicators
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