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    South Korea Digital Signage Market

    ID: MRFR/SEM/45288-HCR
    200 Pages
    Aarti Dhapte
    September 2025

    South Korea Digital Signage Market Research Report By Component Type (Hardware, Software, Service) and By Vertical (Commercial, Institutional, Infrastructure) - Indudustry Forecast to 2035

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    South Korea Digital Signage Market Research Report - Forecast till 2035 Infographic
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    Table of Contents

    South Korea Digital Signage Market Summary

    The South Korea Digital Signage market is projected to grow significantly from 1500 USD Million in 2024 to 4500 USD Million by 2035.

    Key Market Trends & Highlights

    South Korea Digital Signage Key Trends and Highlights

    • The market is expected to expand at a compound annual growth rate (CAGR) of 10.5% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 4500 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 1500 USD Million, reflecting a strong foundation for future expansion.
    • Growing adoption of digital signage technology due to increasing demand for effective advertising solutions is a major market driver.

    Market Size & Forecast

    2024 Market Size 1500 (USD Million)
    2035 Market Size 4500 (USD Million)
    CAGR (2025 - 2035) 10.5%

    Major Players

    Samsung Electronics (KR), SK Hynix (KR), LG Electronics (KR), Hyundai Motor Company (KR), Kia Corporation (KR), POSCO (KR), Naver Corporation (KR), Kakao Corp (KR), Hanwha Group (KR)

    South Korea Digital Signage Market Trends

    Significant growth is currently being experienced in the South Korea Digital Signage Market, which is being driven by a number of key market drivers. Businesses are implementing advanced digital solutions due to the growing demand for digital signage in a variety of sectors, including retail, transportation, and education. In South Korea, companies are utilizing digital signage to create more interactive and engaging consumer experiences due to the country's robust internet infrastructure and high smartphone penetration rate. Innovative digital marketing strategies are being encouraged by smart city initiatives in urban areas such as Seoul, which is particularly apparent.

    A notable trend has emerged in the recent past toward the integration of artificial intelligence and data analytics into digital signage solutions. These technologies are being progressively employed by businesses to personalize content and target specific consumer segments, thereby improving the efficacy of their advertising tactics. Additionally, South Korea's dedication to sustainable practices and the reduction of carbon emissions has resulted in an increasing emphasis on energy-efficient and environmentally favorable digital signage solutions. The government has been supporting initiatives that are in accordance with environmental objectives, which are influencing market developments and encouraging businesses to adopt sustainable technologies.

    The South Korean Digital Signage Market offers a plethora of opportunities for expansion, particularly in sectors such as healthcare and hospitality, where there is a growing demand for real-time information sharing and enhanced consumer engagement. As mobile applications and social media platforms become more integrated with digital signage, businesses have the opportunity to reach a broader audience. In addition, the ongoing investments in infrastructure modernization provide opportunities for innovative digital displays in public spaces.

    Technological advancements, evolving consumer behaviors, and supportive government policies have all contributed to the South Korea Digital Signage Market's upward trajectory, which has established a dynamic environment for future growth.

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    South Korea Digital Signage Market Drivers

    Market Segment Insights

    Digital Signage Market Component Type Insights

    The Component Type segment of the South Korea Digital Signage Market encompasses a diverse range of essential elements, namely Hardware, Software, and Service. This segmentation plays a crucial role in shaping the dynamics of the overall market, which is witnessing significant growth driven by increasing demand for efficient and innovative digital communication solutions. Hardware, comprising displays, media players, and other devices, serves as the physical backbone of digital signage systems, facilitating impactful visual communications across various sectors, including retail, transportation, and education.

    Given the advanced technological landscape in South Korea, manufacturers continually upgrade hardware offerings with high-resolution displays and interactive solutions, enhancing the overall consumer experience. Software, on the other hand, is vital in managing content and delivering messages dynamically. It aids businesses in customizing their digital signage solutions to fit specific needs, thereby enhancing engagement and information delivery. Additionally, advancements in cloud-based applications further empower organizations with easier management and analytics capabilities.Service, focusing on installation, maintenance, and support, ensures that these systems operate seamlessly and effectively.

    As businesses increasingly recognize the importance of digital signage in attracting customers and conveying information, the demand for comprehensive service solutions grows. The growing trend toward digital transformation among businesses in South Korea reveals a robust opportunity for the Component Type segment to expand.

    By streamlining operations and providing real-time analytics, these components collectively enable organizations to leverage the true potential of digital signage, making this segment a significant contributor to the South Korea Digital Signage Market.Moreover, with technological advancements such as Artificial Intelligence (AI) and Internet of Things (IoT) integration, the potential for innovation in hardware, software, and service is substantial, paving the way for future applications and industry shifts.

    This evolution reflects heightened consumer expectations and a willingness among businesses in South Korea to invest in modern digital solutions, confirming the pivotal role that each component within this segment plays in achieving successful digital signage implementations. As the market progresses, a focus on improving interconnectivity among these components will become crucial, fostering a comprehensive ecosystem that not only enhances the customer experience but also optimizes operational efficiencies across industries. The South Korean government's emphasis on smart city initiatives also supports the growth of the digital signage ecosystem, as these projects often integrate cutting-edge technology to elevate urban living.

    Digital Signage Market Vertical Insights

    The Vertical segment of the South Korea Digital Signage Market showcases a diverse array of applications across various industries. The Commercial sector plays a pivotal role, leveraging digital signage to engage customers and enhance the retail experience as businesses increasingly adopt these solutions for advertising and information dissemination. In the Institutional arena, educational institutions and governmental bodies utilize digital signage to streamline communication, enhance message delivery, and improve visitor experiences. The Infrastructure segment supports crucial communication and information sharing in environments like transportation hubs and public spaces, thus facilitating better navigation and services.

    This segment is significant as it contributes to public safety and operational efficiency. Digital signage becomes essential across these verticals, driven by trends such as the increasing demand for dynamic content and the shift towards more interactive and engaging customer experiences, which are critical for staying competitive in the evolving market landscape. Overall, the segmentation insights highlight the broad spectrum of applications and the ongoing investment in technological advancements that are shaping the South Korea Digital Signage Market landscape.

    Get more detailed insights about South Korea Digital Signage Market Research Report - Forecast till 2035

    Regional Insights

    Key Players and Competitive Insights

    The South Korea Digital Signage Market is characterized by a dynamic competitive landscape bolstered by the rapid advancement of technology and increasing demand for interactive and engaging display solutions across various sectors. As businesses continue to focus on enhancing customer experiences and optimizing operational efficiency, digital signage has become a critical element in marketing strategies, information dissemination, and brand visibility. The market is marked by the presence of numerous players who are continually innovating to provide cutting-edge solutions, driving competition and pushing for higher-quality products.

    The rise of smart cities and technological infrastructure improvements in South Korea are further fueling growth opportunities in this sector as businesses look to leverage digital signage for better communication and enhanced user engagement.Atempus has established a significant footprint in the South Korea Digital Signage Market by leveraging its technological expertise and innovative solutions tailored to meet local demands. The company’s strengths lie in its ability to offer customizable digital signage products that cater to a diverse range of industries, such as retail, transportation, and corporate environments.

    Atempus's robust service portfolio, including software support and hardware integration, enhances its market presence. The company has developed strategic partnerships with local suppliers and technology firms, which has further cemented its reputation and allowed it to address the specific needs of clients in South Korea efficiently. Attempts stands out for its customer-centric approach and commitment to delivering high-quality digital signage solutions, which significantly contributes to its competitive advantage in the market.Harman International plays a vital role in the South Korean digital signage landscape with its broad range of innovative products, including display solutions, audio and visual integration, and management software.

    The company has made notable inroads into the market by providing advanced technology that meets the evolving demands of businesses in various sectors, including entertainment, education, and retail. Harman International’s strengths lie in its established brand reputation and ongoing commitment to research and development, which enables continuous innovation tailored for the South Korean market. The company frequently engages in strategic mergers and acquisitions to enhance its service offerings and expand its market reach, further solidifying its position.

    With a comprehensive range of products and a strong focus on customer engagement solutions, Harman International continues to be a formidable competitor in South Korea's digital signage sector.

    Key Companies in the South Korea Digital Signage Market market include

    Industry Developments

    The South Korea Digital Signage Market has been witnessing significant developments, particularly with major players like Samsung Electronics and LG Display making substantial advancements in display technology. Notably, in May 2023, Samsung introduced its latest line of ultra-slim LED signage solutions, targeting the growing demand for high-quality visual displays across various sectors. The market is witnessing an increase in the adoption of digital signage in retail and corporate environments, driven by innovations in AI and enhanced interactivity features.

    In terms of mergers and acquisitions, there have been no recent reports involving the focus companies such as Harman International or Planar Systems in the South Korean context. However, the market valuation has shown a growth trajectory driven by advancements in hardware and software integration. In particular, BrightSign has gained traction with its solutions tailored for content management, reflecting the rise in digital signage's role in enhancing customer engagement. The overall digital signage sector in South Korea is poised for continued growth, buoyed by technological enhancements and strategic partnerships among the leading companies.

    Market Segmentation

    Outlook

    • Commercial
    • Institutional
    • Infrastructure

    Digital Signage Market Vertical Outlook

    • Commercial
    • Institutional
    • Infrastructure

    Digital Signage Market Component Type Outlook

    • Commercial
    • Institutional
    • Infrastructure

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 288.0 (USD Million)
    MARKET SIZE 2024 618.05 (USD Million)
    MARKET SIZE 2035 1236.1 (USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 6.504% (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 Atempus, Harman International, Danish Design, BrightSign, COWON, Samsung SDS, ViewSonic, LG Display, Planar Systems, Gromit, Samsung Electronics, SK Telecom, VGI, Nexmos
    SEGMENTS COVERED Component Type, Vertical
    KEY MARKET OPPORTUNITIES Smart retail solutions, Interactive advertising displays, Integration with IoT devices, Growth in public transportation relevance, Expanding corporate communication applications
    KEY MARKET DYNAMICS growing adoption in retail, technological advancements in display, increasing demand for advertising, integration with IoT solutions, rising focus on customer engagement
    COUNTRIES COVERED South Korea

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    What is the projected market size of the South Korea Digital Signage Market in 2024?

    The South Korea Digital Signage Market is expected to be valued at 618.05 million USD in 2024.

    What is the expected market value of the South Korea Digital Signage Market by 2035?

    By 2035, the market is projected to reach a value of 1236.1 million USD.

    What is the expected compound annual growth rate (CAGR) for the South Korea Digital Signage Market from 2025 to 2035?

    The market is expected to experience a CAGR of 6.504% during the period from 2025 to 2035.

    What are the major components contributing to the South Korea Digital Signage Market?

    The market is divided into three main components: Hardware, Software, and Service.

    What is the market value for Hardware in the South Korea Digital Signage Market in 2024?

    The Hardware segment is expected to be valued at 250 million USD in 2024.

    What will be the market value for Software in the South Korea Digital Signage Market by 2035?

    The Software segment is projected to reach a value of 450 million USD by 2035.

    Which companies are key players in the South Korea Digital Signage Market?

    Major players in the market include Samsung Electronics, LG Display, Harman International, and BrightSign.

    How is the Service segment valued in the South Korea Digital Signage Market in 2024?

    The Service segment is expected to be valued at 148.05 million USD in 2024.

    What is the projected value of the Hardware segment by 2035 in the South Korea Digital Signage Market?

    The Hardware segment is anticipated to reach 500 million USD by 2035.

    What are some potential growth drivers for the South Korea Digital Signage Market?

    The growth drivers include increased adoption of digital advertising and advancements in display technology.

    1. EXECUTIVE SUMMARY
    2. Market Overview
      1. Key Findings
      2. Market Segmentation
    3. Competitive Landscape
      1. Challenges and Opportunities
      2. Future Outlook
    4. MARKET INTRODUCTION
      1. Definition
      2. Scope of the study
        1. Research Objective
        2. Assumption
    5. Limitations
    6. RESEARCH METHODOLOGY
      1. Overview
      2. Data
    7. Mining
      1. Secondary Research
      2. Primary Research
        1. Primary
    8. Interviews and Information Gathering Process
      1. Breakdown of Primary Respondents
      2. Forecasting Model
      3. Market Size Estimation
        1. Bottom-Up
    9. Approach
      1. Top-Down Approach
      2. Data Triangulation
    10. Validation
    11. MARKET DYNAMICS
      1. Overview
      2. Drivers
      3. Restraints
      4. Opportunities
    12. MARKET FACTOR ANALYSIS
      1. Value chain Analysis
      2. Porter's Five Forces Analysis
    13. Bargaining Power of Suppliers
      1. Bargaining Power of Buyers
    14. Threat of New Entrants
      1. Threat of Substitutes
        1. Intensity
    15. of Rivalry
      1. COVID-19 Impact Analysis
        1. Market Impact Analysis
        2. Regional Impact
        3. Opportunity and Threat Analysis
    16. SOUTH KOREA DIGITAL SIGNAGE MARKET, BY COMPONENT TYPE (USD MILLION)
    17. Hardware
      1. Software
      2. Service
    18. SOUTH KOREA DIGITAL SIGNAGE
    19. MARKET, BY VERTICAL (USD MILLION)
      1. Commercial
      2. Institutional
      3. Infrastructure
    20. COMPETITIVE LANDSCAPE
      1. Overview
      2. Competitive Analysis
      3. Market share Analysis
      4. Major
    21. Growth Strategy in the Digital Signage Market
      1. Competitive Benchmarking
      2. Leading Players in Terms of Number of Developments in the Digital Signage
    22. Market
      1. Key developments and growth strategies
        1. New Product
    23. Launch/Service Deployment
      1. Merger & Acquisitions
        1. Joint
    24. Ventures
      1. Major Players Financial Matrix
        1. Sales and Operating
    25. Income
      1. Major Players R&D Expenditure. 2023
    26. COMPANY
    27. PROFILES
      1. Atempus
        1. Financial Overview
        2. Products
    28. Offered
      1. Key Developments
        1. SWOT Analysis
        2. Key
    29. Strategies
      1. Harman International
        1. Financial Overview
    30. Products Offered
      1. Key Developments
        1. SWOT Analysis
    31. Key Strategies
      1. Danish Design
        1. Financial Overview
    32. Products Offered
      1. Key Developments
        1. SWOT Analysis
    33. Key Strategies
      1. BrightSign
        1. Financial Overview
    34. Products Offered
      1. Key Developments
        1. SWOT Analysis
    35. Key Strategies
      1. COWON
        1. Financial Overview
        2. Products
    36. Offered
      1. Key Developments
        1. SWOT Analysis
        2. Key
    37. Strategies
      1. Samsung SDS
        1. Financial Overview
        2. Products
    38. Offered
      1. Key Developments
        1. SWOT Analysis
        2. Key
    39. Strategies
      1. ViewSonic
        1. Financial Overview
        2. Products
    40. Offered
      1. Key Developments
        1. SWOT Analysis
        2. Key
    41. Strategies
      1. LG Display
        1. Financial Overview
        2. Products
    42. Offered
      1. Key Developments
        1. SWOT Analysis
        2. Key
    43. Strategies
      1. Planar Systems
        1. Financial Overview
    44. Products Offered
      1. Key Developments
        1. SWOT Analysis
    45. Key Strategies
      1. Gromit
        1. Financial Overview
    46. Products Offered
      1. Key Developments
        1. SWOT Analysis
        2. Key Strategies
      2. Samsung Electronics
        1. Financial
    47. Overview
      1. Products Offered
        1. Key Developments
    48. SWOT Analysis
      1. Key Strategies
      2. SK Telecom
    49. Financial Overview
      1. Products Offered
        1. Key Developments
        2. SWOT Analysis
        3. Key Strategies
      2. VGI
    50. Financial Overview
      1. Products Offered
        1. Key Developments
        2. SWOT Analysis
        3. Key Strategies
      2. Nexmos
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT Analysis
        5. Key Strategies
    51. APPENDIX
      1. References
      2. Related Reports
    52. MARKET SIZE ESTIMATES & FORECAST, BY COMPONENT TYPE, 2019-2035 (USD BILLIONS)
    53. BY VERTICAL, 2019-2035 (USD BILLIONS)
    54. MARKET SYNOPSIS
    55. COMPONENT TYPE
    56. PROCESS OF MRFR
    57. DRIVERS IMPACT ANALYSIS: DIGITAL SIGNAGE MARKET
    58. ANALYSIS: DIGITAL SIGNAGE MARKET
    59. MARKET
    60. DIGITAL SIGNAGE MARKET, BY VERTICAL, 2019 TO 2035 (USD Billions)
    61. BENCHMARKING OF MAJOR COMPETITORS

    South Korea Digital Signage Market Segmentation

    • Digital Signage Market By Component Type (USD Million, 2019-2035)

      • Hardware
      • Software
      • Service
    • Digital Signage Market By Vertical (USD Million, 2019-2035)

      • Commercial
      • Institutional
      • Infrastructure
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