South Korea Mobile Gaming Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 7.20% (2024-2032)
The rise of hyper-casual games is impelling the market growth in South Korea. According to the latest report by IMARC Group, South Korea mobile gaming market size is projected to exhibit a growth rate (CAGR) of 7.20% during 2024-2032.
South Korea Mobile Gaming Industry Trends and Drivers:
The rising reliance on smartphones and high-speed internet access represents one of the key factors offering a favorable market outlook in South Korea. As mobile technology is advancing, more individuals are gaining access to sophisticated smartphones equipped and high-resolution screens and processors. This technological progress, coupled with a widespread availability of fast and reliable internet, is enabling gamers to enjoy high-quality mobile games with rich graphics and seamless gameplay.
Besides this, people spanning a wide demographic range, from young children to older adults, reflecting a growing acceptance and interest in mobile games in various age brackets, are positively influencing the market. This broadening audience is encouraging gaming companies to create diverse game genres and content that cater to different preferences and interests. Developers and publishers are also adopting various monetization models, such as in-app purchases, freemium models, and advertisement-supported games, to maximize revenue and enhance user experience, which is supporting the growth of the market in the country.
Furthermore, as mobile esports are gaining traction in South Korea, more players and viewers are engaging with competitive mobile gaming events and tournaments. This rising interest in esports is increasing investments in game development and infrastructure and growing the visibility and popularity of mobile games. In addition, the advancements in gaming technologies and features like augmented reality (AR) and virtual reality (VR) are enhancing the gaming experience by offering immersive and interactive gameplay, contributing to the market growth.
Game developers are incorporating these technologies to introduce more engaging and realistic gaming environments, appealing to gamers seeking novel and cutting-edge experiences. The integration of AR and VR technologies is increasing interest in mobile gaming and prompting players to explore new and exciting gameplay possibilities.
Moreover, social media platforms and gaming forums in the country are facilitating interactions among gamers, promoting game sharing, and encouraging community-driven content creation. The ability to connect with other players, share gaming experiences, and participate in online discussions is fostering a vibrant gaming community, thereby strengthening the market growth.
Download sample copy of the Report: https://www.imarcgroup.com/south-korea-mobile-gaming-market/requestsample
South Korea Mobile Gaming Industry Segmentation:
The report has segmented the market into the following categories:
Type Insights:
- Action or Adventure
- Casino
- Sports and Role Playing
- Strategy and Brain
Device Type Insights:
- Smartphone
- Smartwatch
- PDA
- Tablet
- Others
Platform Insights:
- Android
- iOS
- Others
Business Model Insights:
- Freemium
- Paid
- Free
- Paymium
Regional Insights:
- Seoul Capital Area
- Yeongnam (Southeastern Region)
- Honam (Southwestern Region)
- Hoseo (Central Region)
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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