Software industry in South Korea - Statistics & Facts

The South Korean government focuses on an early adoption of new technologies and highly subsidizes companies in developing industries. As of 2019, more than one thousand companies were focusing on cloud software, while another 659 were focusing on IoT, closely followed by big data, and AI.
Overall, the software production value in South Korea was at around 55.5 trillion South Korean won in 2018.

Game development

The overall production value of the South Korean gaming industry in 2018 was at around 11.9 trillion South Korean won. Around 39 percent of businesses in the gaming industry were focusing on mobile game software. South Korea’s biggest game developing companies include NCSoft, PUBG, NHN Entertainment, and Netmarble.

One of South Korea’s top gaming companies is Netmarble, which was founded in 2000. Netmarble is the company behind popular mobile games like Lineage 2 Revolution and Marvel: Future Fight. In the fourth quarter of 2019, around 39 percent of Netmarble's revenue was made with RPG games. That quarter, around 72 percent of Netmarble's revenue was made overseas. Marvel Contest of Champions was their strongest game in that period, accounting for around 17 percent of their revenue.

Leading towards domestic software

In many cases, South Korean customers seem to prefer software and hardware made by South Korean companies. One example for this is the popularity of the instant messenger KakaoTalk compared to international rivals, such as LINE or WhatsApp. (898254)

Similarly, South Korea is one of the few countries in which Microsoft Office has not completely taken over the overall market for office suites. While Microsoft had a market share of 71.3 percent in 2015, Hancom Inc.’s Office Suite is still a popular choice among South Korean consumers. Hancom developed a native word processing program for the Korean language, called Hangul, also known as HWP or HanWord. Hancom’s sales revenue totaled at around 319 billion South Korean won as of 2019.  

Other interesting statistics

Software industry in South Korea

Dossier on the topic

All important statistics are prepared by our experts – available for direct download as PPT & PDF!

Important key figures

The most important key figures provide you with a compact summary of the topic of "Software industry in South Korea" and take you straight to the corresponding statistics.

Number of businesses


Get in touch with us. We are happy to help.
Statista Locations
ContactHadley Ward
Hadley Ward
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

ContactZiyan Zhang
Ziyan Zhang
Customer Relations– Contact (Asia)

Mon - Fri, 11:30am - 10pm (IST)

ContactKisara Mizuno
Kisara Mizuno
Customer Success Manager– Contact (Asia)

Mon - Fri, 9:30am - 5:30pm (JST)

ContactLodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

ContactCatalina Rodriguez
Catalina Rodriguez
Key Account Manager - LAC– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)