• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

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

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    South Korea Fixed Mobile Convergence Market

    ID: MRFR/ICT/56763-HCR
    200 Pages
    Garvit Vyas
    October 2025

    South Korea Fixed Mobile Convergence Market Research Report By Convergence (Network Convergence, Device Convergence, Application Convergence), By Mode (Dual Mode, Single Mode), By Component (Voice, Videotelephony, Social Networking, Broadband Internet, Broadband TV) and By End-User (Home Users, Enterprises, IT & Telecommunication, BFSI, Automotive, Healthcare, Media & Entertainment, Government) - 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 Fixed Mobile Convergence Market Infographic
    Purchase Options

    South Korea Fixed Mobile Convergence Market Summary

    As per MRFR analysis, the South Korea fixed mobile-convergence market size was estimated at 168.0 USD Million in 2024. The South Korea fixed mobile-convergence market is projected to grow from 190.38 USD Million in 2025 to 665.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 13.32% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The South Korea fixed mobile-convergence market is experiencing robust growth driven by technological advancements and consumer demand.

    • The market is witnessing an increased demand for bundled services, particularly in the residential segment.
    • Technological advancements in connectivity are enhancing service delivery across the largest segment of mobile services.
    • Regulatory support is fostering market growth, particularly benefiting the fastest-growing segment of smart home solutions.
    • Rising consumer expectations and increased competition among providers are key drivers propelling market dynamics.

    Market Size & Forecast

    2024 Market Size 168.0 (USD Million)
    2035 Market Size 665.0 (USD Million)

    Major Players

    AT&T (US), Verizon (US), Deutsche Telekom (DE), Orange (FR), Vodafone (GB), Telefónica (ES), BT Group (GB), T-Mobile (US)

    South Korea Fixed Mobile Convergence Market Trends

    The fixed mobile-convergence market in South Korea is currently experiencing a transformative phase, driven by advancements in technology and changing consumer preferences. The integration of fixed and mobile services is becoming increasingly prevalent, as consumers seek seamless connectivity across devices. This trend is further fueled by the rise of smart home technologies and the growing demand for high-speed internet access. As a result, service providers are compelled to innovate and enhance their offerings to meet the evolving needs of users. Moreover, the competitive landscape is intensifying, with various players striving to differentiate themselves through bundled services and enhanced customer experiences. In addition, regulatory frameworks are adapting to support the growth of the fixed mobile-convergence market. The South Korean government is actively promoting policies that encourage investment in telecommunications infrastructure, which is essential for the expansion of integrated services. This supportive environment is likely to foster collaboration among industry stakeholders, leading to the development of new business models and service innovations. As the market continues to evolve, it appears that the focus will remain on delivering value-added services that enhance user experience and drive customer loyalty. Overall, the fixed mobile-convergence market is poised for significant growth, reflecting the dynamic nature of the telecommunications landscape in South Korea.

    Increased Demand for Bundled Services

    Consumers are increasingly seeking bundled offerings that combine fixed and mobile services. This trend reflects a desire for convenience and cost savings, as users prefer to manage fewer accounts while enjoying comprehensive connectivity solutions. Service providers are responding by creating attractive packages that include internet, voice, and mobile data, thereby enhancing customer satisfaction.

    Technological Advancements in Connectivity

    The fixed mobile-convergence market is witnessing rapid technological advancements, particularly in areas such as 5G and fiber-optic networks. These innovations are enabling faster and more reliable connections, which are essential for supporting the growing number of connected devices in households. Enhanced connectivity is likely to drive further adoption of integrated services.

    Regulatory Support for Market Growth

    The South Korean government is actively fostering an environment conducive to the growth of the fixed mobile-convergence market. By implementing policies that encourage investment in telecommunications infrastructure, the government is facilitating the development of innovative services. This regulatory support is expected to stimulate competition and drive improvements in service quality.

    South Korea Fixed Mobile Convergence Market Drivers

    Rising Consumer Expectations

    The fixed mobile-convergence market in South Korea is experiencing a notable shift as consumer expectations continue to rise. Users are increasingly demanding seamless integration between fixed and mobile services, which compels service providers to enhance their offerings. This trend is reflected in the growing adoption of bundled services, where consumers seek comprehensive packages that include internet, mobile, and television services. According to recent data, approximately 70% of households in South Korea prefer such bundled solutions, indicating a strong market inclination towards convergence. As a result, companies are investing heavily in infrastructure and technology to meet these expectations, thereby driving growth in the fixed mobile-convergence market.

    Regulatory Framework Enhancements

    The regulatory environment surrounding the fixed mobile-convergence market in South Korea is evolving, with government initiatives aimed at fostering competition and innovation. Recent policy changes have encouraged investment in infrastructure, particularly in underserved areas, which is expected to enhance service availability. The government has also implemented measures to simplify the licensing process for new entrants, thereby promoting a more dynamic market. These regulatory enhancements are likely to create a more favorable environment for both existing and new players in the fixed mobile-convergence market, ultimately benefiting consumers through improved service options.

    Increased Competition Among Providers

    The competitive landscape of the fixed mobile-convergence market in South Korea is intensifying, with multiple providers vying for market share. This competition is primarily driven by the need to attract and retain customers in a saturated market. Major players are innovating their service offerings, often introducing competitive pricing strategies and enhanced service quality. For instance, recent reports indicate that the market has seen a 15% increase in the number of bundled service packages offered by various providers. This competitive environment not only benefits consumers through better pricing and service options but also propels the overall growth of the fixed mobile-convergence market.

    Growing Demand for Smart Home Solutions

    The increasing popularity of smart home technologies is significantly influencing the fixed mobile-convergence market in South Korea. As consumers seek to integrate various devices and services into a cohesive smart home ecosystem, the demand for reliable connectivity solutions rises. Service providers are responding by offering packages that include smart home devices alongside traditional services. Recent surveys indicate that nearly 40% of South Korean households are interested in smart home solutions, which presents a substantial opportunity for growth in the fixed mobile-convergence market. This trend suggests that companies must adapt their strategies to incorporate smart technologies into their service offerings.

    Technological Innovations in Service Delivery

    Technological advancements play a crucial role in shaping the fixed mobile-convergence market in South Korea. Innovations such as 5G technology and fiber-optic networks are enhancing service delivery, enabling faster and more reliable connections. The deployment of 5G networks is particularly significant, as it allows for improved mobile broadband services that complement fixed-line offerings. As of November 2025, it is estimated that over 50% of South Korean households have access to 5G services, which is likely to further stimulate demand for integrated solutions. This technological evolution is essential for service providers aiming to remain competitive in the fixed mobile-convergence market.

    Market Segment Insights

    Fixed Mobile Convergence Market Convergence Insights

    The South Korea Fixed Mobile Convergence Market demonstrates a dynamic growth trajectory, reflecting the nation’s commitment to innovation and technological advancement. As of 2024, the valuation illustrates a substantial market presence, with projections indicating continued growth into the following years. The convergence of fixed and mobile networks has become increasingly important in South Korea, driven by the need for seamless connectivity and enhanced user experiences. Network convergence plays a vital role in achieving integrated communication solutions, allowing for greater efficiency in service deployment and management.

    With the rise of 5G technology, the demand for enhanced network capabilities is significant, as users expect high-speed internet access and reliable service regardless of their location. Simultaneously, device convergence is reshaping consumer interaction with technology, as smartphones, tablets, and IoT devices increasingly serve multiple functions beyond traditional communication.

    This segment enables users to manage their digital lives more effectively, consolidating various functionalities into single devices that promote convenience. The significance of this aspect is underscored by the growing consumer preference for unified solutions that streamline their technology interactions. Application convergence further enriches the landscape by facilitating better integration of software applications across devices and platforms. South Korean consumers exhibit a strong inclination toward applications that provide cohesive experiences, whether for personal or professional use.

    The rise of mobile applications that support various aspects of daily life, from banking to communication, highlights the importance of this segment in driving consumer loyalty and fostering engagement.

    The overall demand for Fixed Mobile Convergence in South Korea is strengthened by regulatory support and government initiatives aimed at promoting digital transformation, thereby reinforcing the country's competitive position in the global technology arena. Enhanced investments in these areas promise exciting prospects for both service providers and consumers alike, emphasizing the need for continuous innovation and adaptation in this rapidly evolving market landscape.

    Fixed Mobile Convergence Market Mode Insights

    The South Korea Fixed Mobile Convergence Market is undergoing notable growth, particularly in the Mode segment, which includes Dual Mode and Single Mode. This expansion is driven by the increasing demand for integrated communication solutions that provide seamless connectivity across fixed and mobile networks. Dual Mode, which offers users the flexibility to switch between fixed and mobile services, is increasingly favored by consumers seeking efficiency and cost savings. This segment typically appeals to businesses needing reliable communication while on the move, while also accommodating personal users who value flexibility.

    On the other hand, Single Mode focuses on either fixed or mobile services independently and is significant for specific market niches demanding specialized functionalities. Both of these segments are being influenced by advancements in technology and regulatory support from the South Korean government, further encouraging market penetration. The growing trend towards remote work and digital communication solutions has amplified the importance of these modes. Overall, the dynamics within the South Korea Fixed Mobile Convergence Market are shaped by these two modes, which are pivotal in tailoring communication services that meet the diverse needs of consumers and businesses alike.

    Fixed Mobile Convergence Market Component Insights

    The Component segment of the South Korea Fixed Mobile Convergence Market plays a crucial role in the overall market landscape. This segment encompasses diverse elements, including Voice, Videotelephony, Social Networking, Broadband Internet, and Broadband TV, each contributing to a more integrated user experience. With South Korea's advanced telecommunications infrastructure, the demand for seamless connectivity has driven significant growth in Broadband Internet services, making it a key component of the market.

    Similarly, Videotelephony has gained traction due to the increasing preference for face-to-face communication in both personal and professional spheres, underscoring its importance in the digital age.Voice services remain a fundamental aspect, supporting both traditional communication and modern applications like VoIP. Social Networking platforms serve as vital tools for engagement, aligning with the high smartphone penetration in South Korea, which fosters a vibrant online community. Lastly, Broadband TV is significant in enhancing entertainment options, capitalizing on the growing trend of on-demand streaming services.

    Overall, the Component segment's development reflects South Korea's technological advancements and consumer preferences, shaping the future of the Fixed Mobile Convergence Market.

    Fixed Mobile Convergence Market End-User Insights

    The South Korea Fixed Mobile Convergence Market showcases a diverse array of End-User segments, each contributing significantly to the overall dynamics of the market. Home Users have become increasingly reliant on seamless connectivity for entertainment, remote work, and smart home usage, amplifying demand for bundled services. Enterprises benefit from Fixed Mobile Convergence solutions, enabling enhanced communication and collaboration, essential for high efficiency in today’s digital landscape.

    The IT and Telecommunication sectors are at the forefront, driving innovation and advancing infrastructure, while the BFSI sector emphasizes security and reliability in mobile banking services.In the Automotive industry, the integration of connected services enhances user experiences and safety features, making this segment pivotal in the digital transformation.

    Healthcare leverages these solutions to improve patient care through telemedicine and data management, creating streamlined communication channels. Media and Entertainment players rely heavily on stable internet and mobile services for content distribution, crucial in a content-rich market. Lastly, the Government sector utilizes Fixed Mobile Convergence to enhance public service delivery and communication methodologies.Overall, these segments reflect the growing interplay between fixed and mobile technologies, demonstrating substantial importance in the South Korean market landscape.

    Get more detailed insights about South Korea Fixed Mobile Convergence Market

    Key Players and Competitive Insights

    The fixed mobile-convergence market is currently characterized by a dynamic competitive landscape, driven by technological advancements and evolving consumer preferences. Major players such as AT&T (US), Deutsche Telekom (DE), and Vodafone (GB) are actively reshaping their strategies to enhance service offerings and improve customer experiences. AT&T (US) focuses on integrating 5G capabilities with fixed broadband services, aiming to provide seamless connectivity. Meanwhile, Deutsche Telekom (DE) emphasizes digital transformation through strategic partnerships, enhancing its service portfolio. Vodafone (GB) is also investing in innovative solutions, particularly in IoT and smart home technologies, which collectively contribute to a more competitive environment, pushing other players to adapt and innovate.

    Key business tactics within this market include localizing manufacturing and optimizing supply chains to enhance operational efficiency. The competitive structure appears moderately fragmented, with several key players vying for market share. This fragmentation allows for diverse service offerings, yet the influence of major companies remains substantial, as they set benchmarks for quality and innovation.

    In October 2025, AT&T (US) announced a partnership with a leading tech firm to develop advanced AI-driven customer service solutions. This strategic move is likely to enhance customer engagement and streamline operations, positioning AT&T (US) as a frontrunner in customer experience within the fixed mobile-convergence space. The integration of AI technologies could potentially lead to significant cost savings and improved service delivery.

    In September 2025, Deutsche Telekom (DE) launched a new initiative aimed at expanding its fiber-optic network across urban areas in South Korea. This expansion is crucial for meeting the increasing demand for high-speed internet and aligns with the company's strategy to enhance its infrastructure capabilities. By investing in fiber technology, Deutsche Telekom (DE) is likely to strengthen its competitive position and attract more customers seeking reliable connectivity.

    In August 2025, Vodafone (GB) unveiled a new suite of smart home products designed to integrate seamlessly with its existing mobile and broadband services. This launch reflects Vodafone's commitment to innovation and its strategy to create a comprehensive ecosystem for consumers. By diversifying its product offerings, Vodafone (GB) aims to enhance customer loyalty and differentiate itself in a crowded market.

    As of November 2025, current trends in the fixed mobile-convergence market include a strong emphasis on digitalization, sustainability, and the integration of AI technologies. Strategic alliances are increasingly shaping the competitive landscape, enabling companies to leverage each other's strengths. Looking ahead, competitive differentiation is expected to evolve, with a notable shift from price-based competition to a focus on innovation, technology, and supply chain reliability. This transition may redefine how companies engage with consumers, ultimately fostering a more sustainable and technologically advanced market.

    Key Companies in the South Korea Fixed Mobile Convergence Market market include

    Industry Developments

    The South Korea Fixed Mobile Convergence Market has witnessed notable developments recently, particularly with SK Telecom launching new services to enhance its 5G network integration in September 2023. KT Corporation is actively investing in expanding its fiber-optic capabilities, which significantly bolsters its fixed mobile offerings. DAUM Kakao has been focusing on improving its cloud services for better mobile integration. Additionally, Amazon Web Services continues to expand its influence in the region through strategic partnerships with local firms. The market has been experiencing a shift with major players like LG Uplus and SK Broadband enhancing their synergy through diversified service packages.

    Moreover, in terms of mergers and acquisitions, the notable acquisition of CJ Hello by LG Uplus in August 2022 has strengthened their foothold in the market, promoting competitive advantage. Over the past few years, growth in market valuation has been evident, reflecting a positive impact as companies adapt to the increasing demand for seamless connectivity and innovative solutions in South Korea. Major occurrences, such as the introduction of stricter regulations on telecommunications in January 2021, have also influenced market dynamics.

    Future Outlook

    South Korea Fixed Mobile Convergence Market Future Outlook

    The fixed mobile-convergence market is projected to grow at a 13.32% CAGR from 2024 to 2035, driven by technological advancements and increasing consumer demand for integrated services.

    New opportunities lie in:

    • Development of AI-driven customer service platforms
    • Expansion of bundled service packages for SMEs
    • Investment in 5G infrastructure to enhance service delivery

    By 2035, the market is expected to achieve substantial growth, driven by innovation and strategic investments.

    Market Segmentation

    South Korea Fixed Mobile Convergence Market Mode Outlook

    • Dual Mode
    • Single Mode

    South Korea Fixed Mobile Convergence Market End-User Outlook

    • Home Users
    • Enterprises
    • IT & Telecommunication
    • BFSI
    • Automotive
    • Healthcare
    • Media & Entertainment
    • Government

    South Korea Fixed Mobile Convergence Market Component Outlook

    • Voice
    • Video Telephony
    • Social Networking
    • Broadband Internet
    • Broadband TV

    South Korea Fixed Mobile Convergence Market Convergence Outlook

    • Network Convergence
    • Device Convergence
    • Application Convergence

    Report Scope

    MARKET SIZE 2024 168.0(USD Million)
    MARKET SIZE 2025 190.38(USD Million)
    MARKET SIZE 2035 665.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 13.32% (2024 - 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 AT&T (US), Verizon (US), Deutsche Telekom (DE), Orange (FR), Vodafone (GB), Telefónica (ES), BT Group (GB), T-Mobile (US)
    Segments Covered Convergence, Mode, Component, End-User
    Key Market Opportunities Integration of 5G technology enhances service offerings in the fixed mobile-convergence market.
    Key Market Dynamics Intensifying competition drives innovation and service bundling in the fixed mobile-convergence market.
    Countries Covered South Korea

    Leave a Comment

    FAQs

    What is the expected market size of the South Korea Fixed Mobile Convergence Market in 2024?

    The market is expected to be valued at 168.0 million USD in 2024.

    What is the projected market size for the South Korea Fixed Mobile Convergence Market by 2035?

    By 2035, the market is expected to reach a value of 752.0 million USD.

    What is the expected CAGR for the South Korea Fixed Mobile Convergence Market from 2025 to 2035?

    The market is expected to grow at a CAGR of 14.597% during the forecast period of 2025 to 2035.

    Which segment of the Fixed Mobile Convergence Market is expected to have the largest market value in 2035?

    The Network Convergence segment is expected to reach 320.0 million USD in 2035.

    What will be the market value of the Device Convergence segment in 2024?

    The Device Convergence segment is expected to be valued at 50.0 million USD in 2024.

    Who are the key players in the South Korea Fixed Mobile Convergence Market?

    Major players include SK Telecom, KT Corporation, Microsoft, and LG Uplus among others.

    What is the anticipated market value of the Application Convergence segment in 2035?

    The Application Convergence segment is projected to reach 207.0 million USD by 2035.

    What opportunities are driving the growth of the South Korea Fixed Mobile Convergence Market?

    Emerging trends in technology integration and consumer demand for seamless connectivity are major growth drivers.

    How will the South Korea Fixed Mobile Convergence Market be influenced by current global scenarios?

    Current global scenarios may impact market dynamics through shifts in technology adoption and consumer behavior.

    What is the expected market value for the Network Convergence segment in 2024?

    The Network Convergence segment is expected to be valued at 70.0 million USD in 2024.

    Download Free Sample

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

    Case Study
    Chemicals and Materials

    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