In 2019, South Korea introduced its 5G+ Strategy, in which they announced they were aiming for an 5G production value of 180 trillion South Korean won by 2026. The country introduced commercial 5G in April 2019.
Planned 5G production value from South Korea from 2022 to 2026, by sector
(in trillion South Korean won)
Note: 1,000 South Korean won equal 0.82 U.S. dollars and 0.75 euros as of May 2020.
*Refers to the 5G+ core industries. These are defined as network and terminals (network equipment, next-generation (5G) smartphones), smart devices (VR&AR devices, wearable devices, intelligent CCTV), unmanned vehicles ((future) drones, (connected) robots, 5G V2X), and security and computing (information security, edge computing).
**Refers to the 5G+ core services. These are defined as immersive contents, smart factories, autonomous vehicles, smart cities, and digital healthcare.
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Ministry of Science and ICT (South Korea). (June 11, 2019). Planned 5G production value from South Korea from 2022 to 2026, by sector (in trillion South Korean won) [Graph]. In Statista. Retrieved October 15, 2024, from https://www.statista.com/statistics/1119622/south-korea-5g-production-goals-by-sector/
Ministry of Science and ICT (South Korea). "Planned 5G production value from South Korea from 2022 to 2026, by sector (in trillion South Korean won)." Chart. June 11, 2019. Statista. Accessed October 15, 2024. https://www.statista.com/statistics/1119622/south-korea-5g-production-goals-by-sector/
Ministry of Science and ICT (South Korea). (2019). Planned 5G production value from South Korea from 2022 to 2026, by sector (in trillion South Korean won). Statista. Statista Inc.. Accessed: October 15, 2024. https://www.statista.com/statistics/1119622/south-korea-5g-production-goals-by-sector/
Ministry of Science and ICT (South Korea). "Planned 5g Production Value from South Korea from 2022 to 2026, by Sector (in Trillion South Korean Won)." Statista, Statista Inc., 11 Jun 2019, https://www.statista.com/statistics/1119622/south-korea-5g-production-goals-by-sector/
Ministry of Science and ICT (South Korea), Planned 5G production value from South Korea from 2022 to 2026, by sector (in trillion South Korean won) Statista, https://www.statista.com/statistics/1119622/south-korea-5g-production-goals-by-sector/ (last visited October 15, 2024)
Planned 5G production value from South Korea from 2022 to 2026, by sector (in trillion South Korean won) [Graph], Ministry of Science and ICT (South Korea), June 11, 2019. [Online]. Available: https://www.statista.com/statistics/1119622/south-korea-5g-production-goals-by-sector/