×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

South Korea 5G Service Market

ID: MRFR/ICT/62713-HCR
200 Pages
Aarti Dhapte
February 2026

South Korea 5G Service Market Size, Share and Trends Analysis Report By Service Type (Professional Services, Managed Services), By Communication Type (Extreme Mobile Broadband, Massive Machine-Type Communications, Fixed Wireless Access, Others), By Technology (Wi-Fi, High-Speed Package Access, Radio Access Technologies, System for Mobile, Others), and By Vertical (Energy and Utilities, Automotive, Healthcare, Others)- Forecast to 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

South Korea 5G Service Market Infographic
Purchase Options

South Korea 5G Service Market Summary

As per Market Research Future analysis, the South Korea 5G Service Market size was estimated at 1834.2 USD Million in 2024. The 5G Service market is projected to grow from 2303.76 USD Million in 2025 to 22500.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 25% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The South Korea 5G service market is poised for robust growth driven by infrastructure expansion and technological advancements.

  • The market is characterized by the rapid expansion of 5G infrastructure across urban areas, particularly in Seoul, which remains the largest region.
  • Emerging applications in sectors such as healthcare and entertainment are driving innovation and adoption of 5G services.
  • The government is actively supporting 5G initiatives through favorable regulations and funding, enhancing market dynamics.
  • Technological advancements in telecommunications and rising demand for high-speed connectivity are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 1834.2 (USD Million)
2035 Market Size 22500.0 (USD Million)
CAGR (2025 - 2035) 25.6%

Major Players

Huawei (CN), Ericsson (SE), Nokia (FI), Qualcomm (US), Samsung (KR), AT&T (US), Verizon (US), T-Mobile (US), China Mobile (CN)

Our Impact
Enabled $4.3B Revenue Impact for Fortune 500 and Leading Multinationals
Partnering with 2000+ Global Organizations Each Year
30K+ Citations by Top-Tier Firms in the Industry

South Korea 5G Service Market Trends

The in South Korea is currently experiencing rapid growth, driven by the increasing demand for high-speed connectivity and advanced mobile applications. As one of the first countries to launch commercial 5g services, South Korea has established a robust infrastructure that supports a wide range of industries, including telecommunications, automotive, and healthcare. The government has played a pivotal role in promoting the adoption of 5g technology, facilitating investments, and encouraging innovation. This proactive approach has led to a competitive landscape where major telecom operators are continuously enhancing their offerings to capture a larger share of the market. Moreover, the integration of 5g technology into various sectors is expected to transform the way businesses operate. Enhanced connectivity enables the development of smart cities, autonomous vehicles, and IoT applications, which are becoming increasingly prevalent. The South Korea 5G Service Market, as companies seek to leverage the benefits of faster data speeds and lower latency. As the market evolves, it appears that consumer demand for seamless connectivity will continue to shape the future of the 5g service market in South Korea, fostering an environment ripe for innovation and growth.

Expansion of Infrastructure

The ongoing expansion of 5g infrastructure is a key trend in the 5g service market. Telecom providers are investing heavily in enhancing network coverage and capacity, particularly in urban areas. This expansion is crucial for meeting the increasing demand for high-speed internet and supporting a growing number of connected devices.

Emergence of New Applications

The rise of new applications tailored for 5g technology is transforming various sectors. Industries such as healthcare, entertainment, and transportation are exploring innovative solutions that leverage the capabilities of 5g. This trend indicates a shift towards more integrated and efficient systems, enhancing user experiences.

Government Support and Regulation

Government initiatives and regulatory frameworks are significantly influencing the 5g service market. Policies aimed at promoting investment and innovation are fostering a conducive environment for growth. This support is essential for ensuring that the market can adapt to evolving technological advancements and consumer needs.

South Korea 5G Service Market Drivers

Expansion of Smart City Initiatives

The expansion of smart city initiatives is a crucial driver for the 5g service market in South Korea. As urban areas continue to grow, local governments are investing in smart technologies to improve infrastructure, enhance public services, and promote sustainability. By 2025, it is anticipated that over 50% of South Korean cities will implement 5g-enabled smart city solutions, such as intelligent traffic management and public safety systems. These initiatives not only improve the quality of life for residents but also create a demand for advanced telecommunications services. The integration of 5g technology into smart city projects is expected to facilitate seamless connectivity and data exchange, thereby significantly contributing to the growth of the 5g service market.

Rising Demand for High-Speed Connectivity

The demand for high-speed connectivity is a primary driver of the 5g service market in South Korea. With the proliferation of smart devices and the Internet of Things (IoT), consumers and businesses alike are seeking faster and more reliable internet services. As of 2025, it is estimated that over 80% of households in South Korea will have access to 5g services, reflecting a significant shift in consumer preferences. This rising demand is not only limited to individual users but also extends to industries such as healthcare, automotive, and entertainment, which increasingly rely on high-speed connectivity for their operations. Consequently, telecommunications providers are investing heavily in infrastructure to meet this growing need, further propelling the 5g service market.

Competitive Landscape Among Telecom Providers

The competitive landscape among telecom providers in South Korea plays a pivotal role in shaping the 5g service market. Major players are engaged in aggressive strategies to capture market share, including the introduction of innovative pricing models and bundled service offerings. As of 2025, the market is characterized by a fierce rivalry, with providers investing heavily in marketing and customer acquisition. This competition is likely to lead to improved service quality and expanded coverage, benefiting consumers and businesses alike. Additionally, partnerships with technology firms to develop new applications and services are becoming increasingly common, further stimulating growth in the 5g service market. The dynamic nature of this competitive environment suggests a promising outlook for the industry.

Increased Investment in Digital Transformation

The 5g service market in South Korea is significantly influenced by increased investment in digital transformation across various sectors. Businesses are recognizing the potential of 5g technology to enhance operational efficiency and customer engagement. As of 2025, investments in digital transformation initiatives are expected to exceed $15 billion, with a substantial portion allocated to 5g-related projects. This trend is particularly evident in industries such as manufacturing, where 5g enables real-time data analytics and automation. The push for digital transformation is likely to create new revenue streams and improve competitiveness, thereby driving further growth in the 5g service market. Companies that leverage 5g technology are positioned to gain a competitive edge in an increasingly digital economy.

Technological Advancements in Telecommunications

The in South Korea is experiencing rapid growth due to continuous technological advancements in telecommunications. Innovations in network architecture, such as the deployment of small cells and massive MIMO (Multiple Input Multiple Output) technology, enhance network capacity and efficiency. As of 2025, the market is projected to reach approximately $10 billion, driven by increased demand for high-speed internet and low-latency applications. These advancements not only improve user experience but also enable new services, such as augmented reality and smart city applications, which are becoming increasingly prevalent in urban areas. The integration of artificial intelligence in network management further optimizes performance, indicating a robust future for the 5g service market in South Korea.

Market Segment Insights

By Service Type: Managed Services (Largest) vs. Professional Services (Fastest-Growing)

In the South Korea 5g service market, Managed Services currently hold the largest share among the service types. This segment benefits from increasing demand for ongoing management of 5g networks, driven by the complexity and scale of new infrastructure deployments. As telecom operators strive to enhance operational efficiency, the reliance on specialized managed services is set to grow, further solidifying its dominant position. On the other hand, Professional Services is recognized as the fastest-growing segment, reflecting the need for expert consulting on 5g infrastructure and implementation strategies. With businesses increasingly looking to leverage 5g technology, the demand for professional guidance is escalating. Factors contributing to this growth include rapid advancements in technology and the ongoing evolution of service offerings that meet specific client needs in various industries.

Managed Services (Dominant) vs. Professional Services (Emerging)

Managed Services are characterized by comprehensive support and management of telecommunications infrastructure, allowing service providers to focus on their core competencies. This segment is dominant due to its ability to deliver efficient operations and reliable network performance, which are crucial in today's competitive landscape. Conversely, Professional Services are emerging as pivotal in enhancing the strategic implementation of 5g technologies. This segment focuses on providing tailored expertise to organizations seeking to optimize their 5g deployments. The interplay between these service types represents an evolving landscape, where managed services offer stability and professionalism is increasingly sought after for innovation and adaptation.

By Communication Type: Extreme Mobile Broadband (Largest) vs. Massive Machine-Type Communications (Fastest-Growing)

In the South Korea 5g service market, the communication type segment is predominantly driven by Extreme Mobile Broadband, which captures a significant share due to its essential role in providing high-speed internet access. In contrast, Massive Machine-Type Communications is witnessing rapid growth, reflecting an increasing demand for IoT applications that require connectivity for numerous devices simultaneously. The growth of the segment is fueled by advancements in technology, with Extreme Mobile Broadband leading the charge as users seek faster and more reliable connections. Concurrently, the surge in IoT adoption is propelling Massive Machine-Type Communications, as businesses look to leverage connected devices for enhanced operational efficiency and data collection, marking it as the fastest-growing area within this market.

Extreme Mobile Broadband (Dominant) vs. Massive Machine-Type Communications (Emerging)

Extreme Mobile Broadband serves as the dominant force in the communication type segment, offering users high data rates and low latency that are crucial for applications such as video streaming and online gaming. This segment appeals particularly to consumers and businesses that prioritize fast internet experiences. On the other hand, Massive Machine-Type Communications is emerging as a pivotal player, characterized by its ability to connect a multitude of devices within the Internet of Things ecosystem. This segment is becoming increasingly relevant due to the expansion of smart technologies and automation in various sectors, presenting significant opportunities for growth and innovation.

By Technology: Wi-Fi (Largest) vs. High-Speed Package Access (Fastest-Growing)

In the South Korea 5g service market, Wi-Fi currently leads the technology segment, capturing a substantial share due to its established infrastructure and widespread adoption among consumers and businesses. High-Speed Package Access follows closely, showing growth dynamics that are indicative of increasing demand for faster and more reliable internet services across various applications. Looking ahead, the growth trends for the technology segment are driven by advancements in infrastructure, regulatory support, and consumer demand for high-speed connectivity. Radio Access Technologies are gaining attention as they enhance the efficiency of mobile networks, while System for Mobile is evolving with innovations that support seamless communication. Additionally, the push for smart cities and IoT applications is fueling the adoption of advanced technologies in this market.

Technology: Wi-Fi (Dominant) vs. High-Speed Package Access (Emerging)

Wi-Fi stands as the dominant source of connectivity within the technology segment, benefiting from its wide availability and simplicity of use. It's favored in both residential and commercial settings, allowing users to access seamless internet services. In contrast, High-Speed Package Access is positioned as an emerging technology, catering to niche markets with specific demands for enhanced speed and performance. This segment addresses the needs of data-heavy applications and services that require robust and uninterrupted connectivity, illustrating a clear shift towards modernized solutions in the market. Both segments are critical in shaping the future of connectivity, contributing to technological advancements and consumer satisfaction.

By Vertical: Healthcare (Largest) vs. Automotive (Fastest-Growing)

In the South Korea 5g service market, the distribution of market share among verticals shows that the healthcare sector emerges as the largest segment, driving demand for advanced connectivity solutions. Energy and utilities, while significant, follow healthcare, making automotive and other sectors relatively smaller in terms of share. This illustrates a competitive landscape where healthcare leads due to heightened mobile health applications and IoT devices. Growth trends indicate that the automotive sector is the fastest-growing in the South Korea 5g service market, fueled by the emergence of connected vehicles and smart transportation. As the demand for real-time data and enhanced safety features increases, automotive applications are set to expand significantly. The interplay of innovation and consumer demand in both sectors shapes the future landscape of 5g services.

Energy and Utilities: Healthcare (Dominant) vs. Automotive (Emerging)

The healthcare sector stands as a dominant force in the South Korea 5g service market, characterized by the integration of telemedicine, remote patient monitoring, and health informatics. This sector leverages 5g's high-speed connectivity to enhance patient care and operational efficiency. In contrast, the automotive sector is emerging rapidly, driven by innovations in autonomous driving and connected car technologies, which demand faster and more reliable network access. Both sectors highlight varying degrees of dependency on 5g technology; while healthcare focuses on improving health outcomes and efficiency, automotive emphasizes safety and user experience through connectivity innovations. The interplay between these segments signifies a pivotal shift towards a highly interconnected future.

Get more detailed insights about South Korea 5G Service Market

Key Players and Competitive Insights

The 5g service market in South Korea is characterized by intense competition and rapid technological advancements. Key growth drivers include the increasing demand for high-speed connectivity, the proliferation of IoT devices, and the ongoing digital transformation across various sectors. Major players such as Samsung (KR), Ericsson (SE), and Qualcomm (US) are strategically positioned to leverage their technological expertise and innovation capabilities. Samsung (KR) focuses on expanding its 5g infrastructure and enhancing its semiconductor production, while Ericsson (SE) emphasizes partnerships with local telecom operators to optimize network performance. Qualcomm (US) is heavily invested in developing 5g chipsets, which are crucial for the proliferation of 5g-enabled devices. Collectively, these strategies contribute to a competitive environment that is both dynamic and multifaceted.Key business tactics in the market include localizing manufacturing and optimizing supply chains to enhance operational efficiency. The competitive structure appears moderately fragmented, with several players vying for market share. However, the influence of key players is substantial, as they drive innovation and set industry standards. The collaboration between companies and local telecom operators is particularly noteworthy, as it fosters a more integrated approach to service delivery and customer engagement.

In October Samsung (KR) announced a partnership with a leading South Korean telecom operator to enhance its 5g network capabilities. This collaboration aims to improve network reliability and speed, which is essential for supporting the growing number of connected devices. The strategic importance of this partnership lies in its potential to solidify Samsung's position as a leader in the 5g infrastructure space, enabling it to capture a larger share of the market.

In September Ericsson (SE) launched a new suite of 5g solutions tailored for smart cities, focusing on sustainability and energy efficiency. This initiative is significant as it aligns with global trends towards greener technologies and urban development. By positioning itself at the forefront of smart city solutions, Ericsson (SE) not only enhances its product offerings but also addresses the increasing demand for sustainable infrastructure.

In August Qualcomm (US) unveiled its latest 5g chipset designed for IoT applications, which promises to enhance connectivity and reduce latency. This development is crucial as it supports the growing ecosystem of IoT devices, thereby expanding Qualcomm's market reach. The introduction of this chipset indicates Qualcomm's commitment to innovation and its strategic focus on enabling a broader range of applications in the 5g landscape.

As of November current competitive trends in the 5g service market include a strong emphasis on digitalization, sustainability, and the integration of AI technologies. Strategic alliances are increasingly shaping the landscape, as companies collaborate to enhance their technological capabilities and market reach. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability. This shift underscores the importance of adaptability and forward-thinking strategies in maintaining a competitive edge in the rapidly evolving 5g service market.

Key Companies in the South Korea 5G Service Market include

Industry Developments

With a focus on ultra-low latency services for smart industries and driverless cars, SK Telecom added 92% of urban and suburban areas to its 5G Standalone (SA) network in March 2025. The operator also introduced next-generation 5G chipsets for consumer electronics in partnership with Samsung Electronics.

In order to enhance South Korea's digital economy, KT Corporation teamed up with LG Uplus and Naver Corporation to roll out 5G cloud gaming and AI-powered enterprise solutions by April 2025. In May 2025, Daum Kakao introduced interactive content and video streaming services geared for 5G, improving user experience on all mobile platforms.

Hyundai Motor Company and Samsung Electronics launched 5G-based smart factory initiatives in June 2025, combining automated production lines and connected automobiles. In the meantime, MBC and CJ ENM developed 5G broadcasting services by utilizing HD streaming for major events.

Global vendors and local operators continued to make large expenditures in 5G R&D, with an emphasis on smart city, autonomous driving, and enterprise applications, despite M1's limited presence. South Korea's standing as a global leader in 5G adoption and innovation is strengthened by these advancements.

Future Outlook

South Korea 5G Service Market Future Outlook

The 5G Service Market is projected to grow at a 25.6% CAGR from 2025 to 2035, driven by increased demand for high-speed connectivity and IoT applications.

New opportunities lie in:

  • Development of smart city infrastructure leveraging 5G connectivity.
  • Expansion of telemedicine services utilizing real-time data transmission.
  • Creation of immersive AR/VR experiences for remote training and education.

By 2035, the market is expected to be robust, driven by innovative applications and widespread adoption.

Market Segmentation

South Korea 5G Service Market Vertical Outlook

  • Energy and Utilities
  • Automotive
  • Healthcare
  • Others

South Korea 5G Service Market Technology Outlook

  • Wi-Fi
  • High-Speed Package Access
  • Radio Access Technologies
  • System for Mobile
  • Others

South Korea 5G Service Market Service Type Outlook

  • Professional Services
  • Managed Services

South Korea 5G Service Market Communication Type Outlook

  • Extreme Mobile Broadband
  • Massive Machine-Type Communications
  • Fixed Wireless Access
  • Others

Report Scope

MARKET SIZE 2024 1834.2(USD Million)
MARKET SIZE 2025 2303.76(USD Million)
MARKET SIZE 2035 22500.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 25.6% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Huawei (CN), Ericsson (SE), Nokia (FI), Qualcomm (US), Samsung (KR), AT&T (US), Verizon (US), T-Mobile (US), China Mobile (CN)
Segments Covered Service Type, Communication Type, Technology, Vertical
Key Market Opportunities Expansion of Internet of Things applications driving demand in the 5g service market.
Key Market Dynamics Intensifying competition among providers drives rapid innovation and expansion in the 5G service market.
Countries Covered South Korea
Leave a Comment

FAQs

What is the projected market size of the South Korea 5G Service Market in 2024?

The South Korea 5G Service Market is projected to be valued at 1.83 USD Billion in 2024.

What is the expected market size of the South Korea 5G Service Market by 2035?

By 2035, the South Korea 5G Service Market is expected to reach a value of 9.17 USD Billion.

What is the expected CAGR for the South Korea 5G Service Market from 2025 to 2035?

The expected CAGR for the South Korea 5G Service Market from 2025 to 2035 is 15.756%.

Which service type is projected to hold the highest value in the South Korea 5G Service Market by 2035?

Managed Services are projected to hold the highest value at 5.55 USD Billion by 2035.

What is the market value of Professional Services in the South Korea 5G Service Market for 2024?

Professional Services are valued at 0.73 USD Billion in the South Korea 5G Service Market for the year 2024.

Who are the key players in the South Korea 5G Service Market?

Key players in the South Korea 5G Service Market include LG Uplus, SK Telecom, and KT Corporation.

What challenges are anticipated in the South Korea 5G Service Market?

The South Korea 5G Service Market may face challenges such as competition among key players and regulatory hurdles.

What growth drivers are influencing the South Korea 5G Service Market?

Growing demand for high-speed internet and enhanced connectivity are significant growth drivers for the South Korea 5G Service Market.

What impact might regional trends have on the South Korea 5G Service Market?

Regional trends in technology adoption and infrastructure development may significantly boost the growth of the South Korea 5G Service Market.

What are the major applications for services within the South Korea 5G Service Market?

Major applications within the South Korea 5G Service Market include smart cities, autonomous vehicles, and advanced mobile communication services.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions