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    South Korea IT Service Management Market

    ID: MRFR/ICT/54093-HCR
    200 Pages
    Aarti Dhapte
    October 2025

    South Korea IT Service Management Market Research Report By Service Type (Incident Management, Problem Management, Change Management, Service Request Management, Configuration Management), By Deployment Type (On-Premises, Cloud-Based, Hybrid), By Industry (IT and Telecommunications, BFSI, Healthcare, Retail, Manufacturing) and By Organization Size (Small Enterprises, Medium Enterprises, Large Enterprises)-Forecast to 2035

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    South Korea IT Service Management Market Infographic
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    South Korea IT Service Management Market Summary

    As per MRFR analysis, the South Korea IT service-management market size was estimated at 348.58 USD Billion in 2024. The South Korea it service-management market is projected to grow from 378.8 USD Billion in 2025 to 870.0 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 8.67% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The South Korea IT service-management market is experiencing robust growth driven by automation and cloud solutions.

    • The market is witnessing a rise in automation in service management, enhancing operational efficiency.
    • Cloud adoption continues to grow, providing flexibility and scalability for businesses.
    • Cybersecurity and compliance are becoming focal points as organizations prioritize data protection.
    • Key market drivers include increasing demand for IT efficiency and the integration of advanced analytics.

    Market Size & Forecast

    2024 Market Size 348.58 (USD Billion)
    2035 Market Size 870.0 (USD Billion)

    Major Players

    ServiceNow (US), BMC Software (US), Atlassian (AU), IBM (US), Micro Focus (GB), Cherwell Software (US), Freshworks (IN), ManageEngine (IN)

    South Korea IT Service Management Market Trends

    The IT service-management market in South Korea is currently experiencing a transformative phase, driven by the increasing reliance on digital technologies across various sectors. Organizations are prioritizing the enhancement of their IT service delivery to improve operational efficiency and customer satisfaction. This shift is largely influenced by the growing demand for automation and integration of advanced technologies such as artificial intelligence and machine learning. As businesses seek to streamline their processes, the adoption of innovative service management solutions is becoming more prevalent, indicating a robust growth trajectory for the market. Moreover, the competitive landscape is evolving, with both established players and emerging startups vying for market share. The emphasis on cloud-based solutions is particularly noteworthy, as companies recognize the benefits of scalability and flexibility. Additionally, regulatory compliance and data security concerns are prompting organizations to invest in comprehensive service management frameworks. This trend suggests that the it service-management market is not only expanding but also adapting to meet the unique challenges faced by South Korean enterprises, positioning itself as a critical component of their digital transformation strategies.

    Rise of Automation in Service Management

    The integration of automation technologies is reshaping the it service-management market. Organizations are increasingly implementing automated solutions to enhance efficiency, reduce human error, and accelerate service delivery. This trend reflects a broader movement towards operational excellence, as businesses seek to optimize their IT processes.

    Cloud Adoption and Flexibility

    The shift towards cloud-based service management solutions is gaining momentum. Companies are recognizing the advantages of cloud technology, including scalability and cost-effectiveness. This trend indicates a preference for flexible service models that can adapt to changing business needs.

    Focus on Cybersecurity and Compliance

    As data breaches and cyber threats become more prevalent, there is a heightened focus on cybersecurity within the it service-management market. Organizations are prioritizing compliance with regulations and investing in robust security measures to protect sensitive information, reflecting a growing awareness of the importance of safeguarding digital assets.

    South Korea IT Service Management Market Drivers

    Integration of Advanced Analytics

    The integration of advanced analytics into the it service-management market is reshaping how organizations approach service delivery. By leveraging data analytics, companies can gain insights into service performance, user behavior, and operational bottlenecks. This capability allows for proactive decision-making and improved service quality. In South Korea, the adoption of analytics-driven service management solutions has increased by approximately 20% over the last year, indicating a strong market shift. Organizations are utilizing these insights to enhance customer satisfaction and streamline IT operations. As a result, the demand for analytics-enabled service management tools is likely to continue growing, further driving the evolution of the it service-management market.

    Increasing Demand for IT Efficiency

    The it service-management market in South Korea is experiencing a notable surge in demand for enhanced operational efficiency. Organizations are increasingly recognizing the necessity of streamlining their IT processes to reduce costs and improve service delivery. This trend is evidenced by a reported 15% growth in IT service management solutions adoption among enterprises in the past year. As businesses strive to optimize their IT resources, the focus on automation and process improvement becomes paramount. Consequently, service management tools that facilitate better resource allocation and task automation are gaining traction. This drive towards efficiency not only enhances productivity but also aligns with the broader goal of digital transformation within organizations, thereby propelling the it service-management market forward.

    Shift Towards Remote Work Solutions

    The IT service-management market is witnessing a significant shift towards solutions that support remote work. As organizations adapt to new work environments, the need for robust IT service management tools that facilitate remote collaboration and support has become critical. In South Korea, the market for remote IT service management solutions has expanded by around 25% in the last year, reflecting the changing dynamics of the workplace. Companies are increasingly investing in tools that enable seamless communication, incident management, and service delivery for remote teams. This trend not only enhances employee productivity but also ensures that IT services remain accessible regardless of location, thereby driving growth in the it service-management market.

    Regulatory Compliance and Governance

    The IT service-management market is increasingly influenced by the need for regulatory compliance and governance. As organizations in South Korea navigate complex regulatory landscapes, the demand for IT service management solutions that ensure compliance with industry standards is rising. Recent data indicates that compliance-related investments in IT service management have surged by 18% in the past year. Companies are prioritizing tools that facilitate adherence to regulations, data protection, and risk management. This focus on compliance not only mitigates potential legal risks but also enhances organizational credibility. Consequently, the emphasis on regulatory compliance is likely to continue shaping the it service-management market in the foreseeable future.

    Emphasis on Customer Experience Management

    In the it service-management market, there is a growing emphasis on customer experience management. Organizations are recognizing that delivering exceptional service is crucial for retaining clients and enhancing brand loyalty. In South Korea, the market has seen a 30% increase in the adoption of customer-centric service management solutions over the past year. This shift is driven by the need to provide personalized and responsive IT services that meet the evolving expectations of users. Companies are investing in tools that enable better tracking of customer interactions and feedback, allowing for continuous improvement in service delivery. This focus on customer experience is likely to remain a key driver in the it service-management market.

    Market Segment Insights

    South Korea IT Service Management Market Segment Insights

    South Korea IT Service Management Market Segment Insights

    IT Service Management Market Service Type Insights

    IT Service Management Market Service Type Insights

    The South Korea IT Service Management Market is rapidly evolving, particularly in the domain of Service Type, which is crucial for enhancing IT operations and improving customer satisfaction. Incident Management plays a pivotal role in these operations by ensuring that disruptions are handled swiftly, thereby minimizing downtime and ensuring that services remain accessible to end-users. This segment is integral as organizations increasingly rely on automated solutions to streamline incident resolution processes, fostering enhanced operational efficiency.

    Problem Management follows closely as it investigates recurring incidents to identify the root causes and implement preventive measures, which ultimately supports long-term stability in IT services.

    As organizations in South Korea focus on enhancing service quality and reducing service interruption, Problem Management becomes significant in aligning IT services with business undertakings, ensuring that infrastructures remain robust and resilient. Change Management is another essential aspect, as it carefully manages alterations to IT services or systems, ensuring that changes are made smoothly and with minimal disruption.

    As businesses adopt more dynamic and agile practices, effectively managing change has become crucial for organizations aiming to quickly respond to market demands while maintaining service integrity.

    IT Service Management Market Deployment Type Insights

    IT Service Management Market Deployment Type Insights

    The South Korea IT Service Management Market demonstrates a diverse segmentation based on Deployment Type, which is crucial in addressing various organizational needs and operational efficiencies. On-Premises solutions continue to be favored by many businesses due to their control over sensitive data and customizability, making them essential for industries with stringent compliance requirements.

    Conversely, Cloud-Based services are gaining momentum, driven by the demand for flexibility, scalability, and cost-effectiveness, which align well with the fast-paced, digital landscape of South Korea's economy.As companies increasingly adopt remote work policies and prioritize disaster recovery, Cloud-Based offerings are becoming significant players in this market.

    Hybrid deployment is also essential as it combines the advantages of both On-Premises and Cloud-Based models, allowing organizations to adapt to fluctuating business needs while ensuring data security and operational resilience.

    The emphasis on digital transformation and the growing reliance on integrated IT solutions in South Korea underline the importance of understanding these Deployment Types within the South Korea IT Service Management Market revenue landscape, as organizations seek to optimize their IT strategies and enhance service delivery.

    IT Service Management Market Industry Insights

    IT Service Management Market Industry Insights

    The South Korea IT Service Management Market showcases a robust landscape, significantly influenced by various industries, including IT and Telecommunications, BFSI, Healthcare, Retail, and Manufacturing. The IT and Telecommunications sector drives much of the demand for IT service management solutions due to the rapid advancements in technology and the proliferation of digital services.

    In the BFSI sector, compliance and security remain paramount, making tailored IT service solutions essential for operational integrity. Healthcare has seen an increasing reliance on IT service management to enhance patient care through improved data management and streamlined operations.The Retail industry embraces IT service management to optimize supply chain processes and improve customer experience.

    Manufacturing, in turn, utilizes IT solutions to enhance operational efficiencies, adapt to smart factory trends, and reduce downtime. Each of these segments plays a critical role in shaping the South Korea IT Service Management Market landscape, creating opportunities for growth driven by digital transformation and the need for efficient service delivery across all sectors.

    IT Service Management Market Organization Size Insights

    IT Service Management Market Organization Size Insights

    The South Korea IT Service Management Market segmentation by Organization Size reveals a diverse landscape consisting of Small Enterprises, Medium Enterprises, and Large Enterprises, each contributing uniquely to market dynamics. Small Enterprises, characterized by nimble operations and less formalized IT structures, often seek scalable IT service solutions that can grow with their business, which drives demand for flexible management systems.

    Medium Enterprises, benefiting from a balance of complexity and growth, look for comprehensive IT frameworks that enhance productivity and streamline operations, playing a crucial role in market growth as they transition to more advanced IT infrastructures.

    Large Enterprises, on the other hand, dominate the South Korea IT Service Management Market due to their expansive needs, focusing on optimizing IT resources and implementing enterprise-level solutions to manage vast operations effectively.

    The increasing digital transformation and reliance on IT for operational efficiency create significant opportunities across all segments, propelling the overall market forward. Furthermore, the South Korean government's initiatives in encouraging digital innovation and IT adoption across all business sizes push enterprises to invest more in IT service management solutions, thus boosting the South Korea IT Service Management Market statistics.

    Get more detailed insights about South Korea IT Service Management Market

    Key Players and Competitive Insights

    The it service-management market in South Korea is characterized by a dynamic competitive landscape, driven by rapid technological advancements and an increasing demand for efficient IT solutions. Key players such as ServiceNow (US), BMC Software (US), and IBM (US) are at the forefront, each adopting distinct strategies to enhance their market presence. ServiceNow (US) focuses on innovation through continuous product development, emphasizing cloud-based solutions that streamline IT operations. BMC Software (US), on the other hand, has been actively pursuing strategic partnerships to bolster its service offerings, while IBM (US) leverages its extensive research capabilities to integrate AI into its service-management solutions, thereby enhancing operational efficiency and customer satisfaction.

    The business tactics employed by these companies reflect a concerted effort to optimize their operations and adapt to local market needs. The competitive structure of the market appears moderately fragmented, with several players vying for market share. However, the influence of major companies is substantial, as they set benchmarks for service quality and technological innovation. This competitive environment fosters a culture of continuous improvement, compelling smaller firms to innovate or risk obsolescence.

    In October 2025, ServiceNow (US) announced a significant expansion of its cloud services in South Korea, aiming to enhance its local infrastructure and support capabilities. This move is strategically important as it not only strengthens ServiceNow's foothold in the region but also aligns with the growing trend of digital transformation among South Korean enterprises. By investing in local infrastructure, ServiceNow (US) is likely to improve service delivery and customer engagement, thereby solidifying its competitive advantage.

    In September 2025, BMC Software (US) launched a new AI-driven service management platform tailored for the South Korean market. This platform is designed to automate routine IT tasks, thereby reducing operational costs and improving service efficiency. The introduction of this platform signifies BMC's commitment to leveraging cutting-edge technology to meet the evolving needs of its clients, potentially positioning the company as a leader in AI integration within the service-management sector.

    In August 2025, IBM (US) entered into a strategic alliance with a leading South Korean telecommunications provider to co-develop innovative IT service solutions. This partnership is indicative of IBM's strategy to enhance its service offerings through collaboration, allowing it to tap into local expertise and resources. Such alliances are crucial in a market where localized solutions are increasingly favored by customers seeking tailored services.

    As of November 2025, the competitive trends in the it service-management market are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Companies are increasingly forming strategic alliances to enhance their service capabilities and address the growing demand for sustainable practices. The competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technological advancement, and supply chain reliability. This shift suggests that companies that prioritize these aspects will be better positioned to thrive in the future.

    Key Companies in the South Korea IT Service Management Market market include

    Industry Developments

    In recent months, the South Korea IT Service Management Market has seen significant developments with increasing investments and innovations. Notably, Genie Networks has been expanding its portfolio to enhance cybersecurity solutions, aligning with the growing demand for secure IT services. Meanwhile, Naver Business Platform is focusing on cloud services expansion to support remote work initiatives post-pandemic, reflecting broader industry trends.

    Additionally, LG CNS is making strides in artificial intelligence integration within IT service management systems, emphasizing the need for smarter automation.In terms of mergers and acquisitions, in July 2023, SK C&C acquired Duzon, aiming to combine their strengths in cloud-based IT solutions, which has been positively received by the market.

    Furthermore, the South Korean government has projected substantial growth in the IT service sector, estimating a market valuation increase due to digital transformation initiatives fueled by both public and private enterprises. Events over the past two years, such as Toss Lab's focus on collaboration tools and KT Corporation's investments in 5G infrastructure, have further propelled the demand for advanced IT service management solutions, shaping the landscape of the market significantly.

    Future Outlook

    South Korea IT Service Management Market Future Outlook

    The IT service-management market is projected to grow at an 8.67% CAGR from 2024 to 2035, driven by digital transformation, automation, and enhanced customer experience.

    New opportunities lie in:

    • Development of AI-driven service desk solutions for improved efficiency.
    • Integration of IoT technologies for real-time asset management.
    • Expansion of cloud-based service management platforms to enhance scalability.

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

    Market Segmentation

    South Korea IT Service Management Market Industry Outlook

    • IT and Telecommunications
    • BFSI
    • Healthcare
    • Retail
    • Manufacturing

    South Korea IT Service Management Market Service Type Outlook

    • Incident Management
    • Problem Management
    • Change Management
    • Service Request Management
    • Configuration Management

    South Korea IT Service Management Market Deployment Type Outlook

    • On-Premises
    • Cloud-Based
    • Hybrid

    South Korea IT Service Management Market Organization Size Outlook

    • Small Enterprises
    • Medium Enterprises
    • Large Enterprises

    Report Scope

    MARKET SIZE 2024 348.58(USD Billion)
    MARKET SIZE 2025 378.8(USD Billion)
    MARKET SIZE 2035 870.0(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 8.67% (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 Billion
    Key Companies Profiled ServiceNow (US), BMC Software (US), Atlassian (AU), IBM (US), Micro Focus (GB), Cherwell Software (US), Freshworks (IN), ManageEngine (IN)
    Segments Covered Service Type, Deployment Type, Industry, Organization Size
    Key Market Opportunities Integration of artificial intelligence in the it service-management market enhances efficiency and customer satisfaction.
    Key Market Dynamics Rising demand for automation in IT service management drives competitive innovation and efficiency in South Korea.
    Countries Covered South Korea

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    FAQs

    What is the expected market size of the South Korea IT Service Management Market in 2024?

    The South Korea IT Service Management Market is expected to be valued at 932.0 million USD in 2024.

    What will be the projected market size of the South Korea IT Service Management Market by 2035?

    By 2035, the South Korea IT Service Management Market is expected to grow to 1850.0 million USD.

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

    The South Korea IT Service Management Market is projected to have a CAGR of 6.431% from 2025 to 2035.

    Which service type holds the largest market share in the South Korea IT Service Management Market for 2024?

    Incident Management is anticipated to hold the largest market share, valued at 300.0 million USD in 2024.

    What are the projected values for the Problem Management service type in 2035?

    The Problem Management service type is expected to grow to 300.0 million USD by 2035.

    Who are the key players in the South Korea IT Service Management Market?

    Major players include Genie Networks, Viva Republica, Toss Lab, and Samsung SDS among others.

    What is the market size for Change Management in 2024?

    The Change Management segment is valued at 200.0 million USD in the year 2024.

    What opportunities exist for new entrants in the South Korea IT Service Management Market?

    The growing demand for efficient IT services and digital transformation presents significant opportunities.

    What impact will technological advancements have on the South Korea IT Service Management Market?

    Technological advancements are expected to drive efficiency and innovation in IT Service Management.

    What is the market size forecast for the Configuration Management service type by 2035?

    Configuration Management is projected to reach 140.0 million USD by the year 2035.

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