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Gaming industry size South Korea 2006-2020

Size of the gaming market in South Korea from 2006 to 2020 (in trillion South Korean won)

by Statista Research Department, last edited Aug 9, 2019
Gaming industry size South Korea 2006-2020 With a market value of around 13.1 trillion South Korean won as of 2017, South Korea’s gaming industry is one of the largest in the world. Over the past decade, the market has continued to grow; the estimated market value was almost 15 trillion South Korean won in 2020.
Where do Koreans game?

In 2017, mobile and PC gaming platforms led in terms of sales in the country. Gaming on mobile platforms saw a surge in popularity in 2017. This growth, however, was expected to decline rapidly in the following years.

While broadband internet connectivity in South Korea is high, many Koreans prefer to game in ‘PC bangs’. These venues provide a social space for gamers to use high performance desktop computers and are typical meeting points for multiplayer computer gamers. With a sales revenue of around 2.5 trillion South Korean won in 2020, PC bangs are uniquely popular in South Korea.

South Korean game development

While South Koreans have a huge appetite for gaming, local game developers are not yet among the world’s leading gaming companies. Netmarble Games, South Korea’s largest mobile-gaming publishing company, produces role-playing games for renowned franchises such as Marvel, Star Wars and Dragon Ball. While mobile games are hugely popular, and look likely to remain so, the resurgence of PC gaming may dictate how this industry develops in South Korea in coming years.
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Size of the gaming market in South Korea from 2006 to 2020 (in trillion South Korean won)

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