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    South Korea Neural Network Software Market

    ID: MRFR/ICT/59424-HCR
    200 Pages
    Aarti Dhapte
    September 2025

    South Korea Neural Network Software Market Research Report By Type (Data Mining & Archiving, Analytical Software, Optimization Software, Visualization Software) and By Component (Neural Network Software, Services, Platform) - Forecast to 2035

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    Table of Contents

    South Korea Neural Network Software Market Summary

    The South Korea Neural Network Software market is projected to experience substantial growth from 1.04 USD Billion in 2024 to 9.3 USD Billion by 2035.

    Key Market Trends & Highlights

    South Korea Neural Network Software Key Trends and Highlights

    • The market is expected to grow at a compound annual growth rate (CAGR) of 22.04% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 9.3 USD Billion, indicating a robust expansion.
    • In 2024, the market is valued at 1.04 USD Billion, reflecting the increasing interest in neural network applications.
    • Growing adoption of artificial intelligence technologies due to enhanced data processing capabilities is a major market driver.

    Market Size & Forecast

    2024 Market Size 1.04 (USD Billion)
    2035 Market Size 9.3 (USD Billion)
    CAGR (2025-2035) 22.04%

    Major Players

    LG Display, Samsung Electronics, SK Telecom, DeepBrain, Sparrow Digital, AhnLab, Hanwha Systems, LG Electronics, Daum Communications, Naver Corporation, KT Corporation, Kakao Corporation, Covariant, CureMetrix, Hyundai Motor Company

    South Korea Neural Network Software Market Trends

    The South Korea Neural Network Software Market is experiencing significant growth, driven primarily by governmental initiatives to enhance AI technology. The South Korean government is heavily investing in the AI sector, establishing various strategies to improve infrastructure and promote research and development in neural networks. With a robust emphasis on these technologies, South Korea aims to increase its global competitiveness in AI-powered solutions, leading to higher adoption rates of neural network software across several industries, including finance, healthcare, and automotive. 

    Recent times are witnessing a growing trend of collaboration between academia and the tech industry, fostering innovation and pushing the boundaries of neural network applications.Universities and research institutes in South Korea are partnering with businesses to create advanced neural network solutions tailored to specific sector needs. This collaboration not only enhances the skill set of the workforce but also facilitates the practical implementation of groundbreaking research into real-world applications. 

    There are also notable opportunities in the market, particularly in sectors such as smart manufacturing and autonomous vehicles, which are pivotal in South Korea's economic landscape. Companies are exploring the deployment of neural networks to improve operational efficiency and decision-making processes. 

    Organizations within the country are beginning to recognize the potential of neural networks to innovate product development and enhance customer experiences, leading to a surge in investment for developing customized solutions.This growing awareness and integration of neural network software signify a transformative shift as South Korea continues to solidify its position as a leader in AI technology.

    South Korea Neural Network Software Market Drivers

    Market Segment Insights

    South Korea Neural Network Software Market Segment Insights

    South Korea Neural Network Software Market Segment Insights

    Neural Network Software Market Type Insights

    Neural Network Software Market Type Insights

    The South Korea Neural Network Software Market is experiencing significant evolution, especially within the various types associated with it. Among these, Data Mining and Archiving have gained traction as organizations increasingly rely on extracting valuable insights from vast quantities of data. This type is crucial for industries such as finance and healthcare, where data utilization and analytics can drive decision-making processes and enhance customer experiences. Similarly, Analytical Software has emerged as a powerful tool, offering advanced functionalities for processing and analyzing data to support business intelligence. 

    This segment plays a vital role in sectors such as retail and logistics, where companies utilize predictive analytics to improve efficiency and product positioning. On the other hand, Optimization Software holds notable significance in the South Korean market, particularly as businesses are continuously seeking to maximize resource utilization and operational efficiency. 

    Industries like manufacturing and transportation heavily depend on optimization algorithms, which provide insights that can reduce costs and streamline processes. In addition, Visualization Software is becoming increasingly important as it transforms complex data into digestible visual formats. This segment is particularly valuable in sectors such as telecom and marketing, where presenting analytics in an understandable way can lead to better communication of insights and more informed strategic decisions. 

    Across all these types, market growth is fueled by rapid advancements in artificial intelligence and increased investment from South Korean companies in innovative technology solutions. As the digital landscape continues to evolve, there is a strong demand for smarter software that can handle the complexities of modern data environments. Furthermore, challenges such as data privacy and integration with existing systems require robust solutions, positioning Neural Network Software at the forefront of addressing these needs in South Korea.

    Overall, the dynamic nature of the South Korea Neural Network Software Market reveals rich opportunities and a competitive landscape driven by these key types.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Neural Network Software Market Component Insights

    Neural Network Software Market Component Insights

    The South Korea Neural Network Software Market is witnessing significant growth, with a strong focus on its Component segment, which includes Neural Network Software, Services, and Platform. This market is characterized by a notable shift towards advanced AI applications across various industries. The increasing demand for intelligent automation and data-driven insights is a major growth driver in South Korea, fueling the adoption of neural network software. The Services sector plays a crucial role, providing essential support and expertise to businesses looking to implement and optimize these advanced technologies.

    Meanwhile, platforms are becoming increasingly significant as they facilitate easier integration of neural networks into existing systems, enhancing efficiency and productivity. With the government’s support for digital transformation initiatives, the South Korea Neural Network Software Market is experiencing an influx of investment, creating numerous opportunities for innovation and development in the industry. As organizations embrace these technologies, the segmentation of the market continues to evolve, meeting diverse business needs through tailored solutions that drive value and competitiveness.

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    Regional Insights

    Key Players and Competitive Insights

    The South Korea Neural Network Software Market is a dynamic and rapidly evolving sector characterized by technological advancements and significant competition among various players. As industries increasingly adopt artificial intelligence and machine learning solutions, the demand for advanced neural network software is rising, leading to the proliferation of innovative solutions that cater to a wide range of applications from telecommunications to healthcare. 

    Companies operating in this space are focusing on enhancing their offerings through research and development, strategic partnerships, and the integration of emerging technologies, which is shaping the competitive landscape. This growth creates opportunities for both new entrants and established firms to strengthen their positions while addressing the needs of diverse customers in an increasingly complex technological landscape.LG Display stands as a prominent player in the South Korea Neural Network Software Market, leveraging its expertise in display technology and artificial intelligence to drive innovation in software solutions.

    The company's strengths stem from its advanced research and development capabilities, which enable it to optimize neural network applications for efficiencies in display operations and smart device integrations. 

    LG Display's significant investment in AI research facilitates the deployment of cutting-edge neural network software, enabling superior performance in OLED and LCD technologies. With a strong foothold in the consumer electronics market, the company harnesses its extensive market presence to integrate AI-driven functionalities in its software offerings, further enhancing user experiences and operational capabilities.Samsung Electronics, a leading force in the South Korea Neural Network Software Market, capitalizes on its vast portfolio of products and services, firmly positioning itself as a key competitor in the industry. 

    The company focuses on developing state-of-the-art neural network solutions for various applications, including smart appliances, mobile devices, and IoT integration. Samsung's strengths lie in its robust investment in research and development, leading to a suite of AI technologies that enhance performance and efficiency across its device ecosystem. Furthermore, strategic mergers and acquisitions have bolstered Samsung's capabilities in the AI space, allowing the company to rapidly innovate and address market demands.

    This comprehensive approach, coupled with a commitment to advancing neural network software development, solidifies Samsung Electronics' position within the South Korean market, enabling it to continually cater to the evolving needs of consumers and businesses alike.

    Key Companies in the South Korea Neural Network Software Market market include

    Industry Developments

    Recent developments in the South Korea Neural Network Software Market indicate robust growth, particularly driven by advancements in artificial intelligence and machine learning applications. In July 2023, LG Electronics announced significant investments in AI systems to enhance its smart home technologies, which has energized the market. Additionally, in August 2023, Samsung Electronics launched an AI-driven image processing software that utilizes neural networks, showcasing its commitment to innovation. 

    Moreover, a notable merger occurred when SK Telecom acquired the AI start-up DeepBrain in June 2023, aiming to bolster its capabilities in intelligent communication services. This strategic move highlights the increasing consolidation within the industry as companies seek to expand their technological expertise. The market has seen a surge in valuation, with major firms like Naver Corporation and Kakao Corporation reporting increases in revenue stemming from their AI-related products. 

    In the past two years, the South Korean government has also launched initiatives to support the AI and neural network sectors, further positioning companies like Hyundai Motor Company and AhnLab to thrive amid growing global demand for AI solutions. The favorable regulatory environment and investment in technological development play crucial roles in shaping this dynamic marketplace.

    Market Segmentation

    Neural Network Software Market Type Outlook

    • Data Mining & Archiving
    • Analytical Software
    • Optimization Software
    • Visualization Software

    Neural Network Software Market Component Outlook

    • Neural Network Software
    • Services
    • Platform

    Report Scope

     

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 0.8(USD Billion)
    MARKET SIZE 2024 1.04(USD Billion)
    MARKET SIZE 2035 9.3(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 21.985% (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 Billion
    KEY COMPANIES PROFILED LG Display, Samsung Electronics, SK Telecom, DeepBrain, Sparrow Digital, AhnLab, Hanwha Systems, LG Electronics, Daum Communications, Naver Corporation, KT Corporation, Kakao Corporation, Covariant, CureMetrix, Hyundai Motor Company
    SEGMENTS COVERED Type, Component
    KEY MARKET OPPORTUNITIES AI-powered healthcare solutions, Smart manufacturing applications, Financial fraud detection tools, Personalized marketing platforms, Autonomous vehicle technologies
    KEY MARKET DYNAMICS growing demand for AI solutions, increased investment in R&D, government support for technology adoption, rise in machine learning applications, shortage of skilled professionals
    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 expected market size of the South Korea Neural Network Software Market in 2024?

    The South Korea Neural Network Software Market is expected to be valued at 1.04 billion USD in 2024.

    What is the projected market size of the South Korea Neural Network Software Market by 2035?

    By 2035, the South Korea Neural Network Software Market is anticipated to reach a valuation of 9.3 billion USD.

    What is the CAGR for the South Korea Neural Network Software Market from 2025 to 2035?

    The market is expected to grow at a CAGR of 21.985 percent from 2025 to 2035.

    Which sub-segment of the South Korea Neural Network Software Market is projected to have the highest growth by 2035?

    The Data Mining & Archiving sub-segment is projected to grow significantly, reaching 2.7 billion USD by 2035.

    Who are the key players in the South Korea Neural Network Software Market?

    Major players in the market include LG Display, Samsung Electronics, SK Telecom, and Hyundai Motor Company, among others.

    What is the expected market value of the Analytical Software segment in 2035?

    The Analytical Software segment is anticipated to be valued at 2.25 billion USD in 2035.

    How much is the Optimization Software segment worth in 2024?

    In 2024, the Optimization Software segment is valued at 0.2 billion USD.

    What are the growth drivers for the South Korea Neural Network Software Market?

    Key growth drivers include advancements in AI technology and increasing demand for data-driven decision making.

    How is the Visualization Software segment expected to perform by 2035?

    The Visualization Software segment is expected to grow to a market value of 2.55 billion USD by 2035.

    What challenges does the South Korea Neural Network Software Market face?

    Challenges include rapid technological advancements and competitive pressures from emerging startups in the market.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. South
    59. Korea Neural Network Software Market, BY Type (USD Billion)
    60. Data
    61. Mining & Archiving
    62. Analytical Software
    63. Optimization
    64. Software
    65. Visualization Software
    66. South
    67. Korea Neural Network Software Market, BY Component (USD Billion)
    68. Neural
    69. Network Software
    70. Services
    71. Platform
    72. Competitive Landscape
    73. Overview
    74. Competitive
    75. Analysis
    76. Market share Analysis
    77. Major
    78. Growth Strategy in the Neural Network Software Market
    79. Competitive
    80. Benchmarking
    81. Leading Players in Terms of Number of Developments
    82. in the Neural Network Software Market
    83. Key developments
    84. and growth strategies
    85. New Product Launch/Service Deployment
    86. Merger
    87. & Acquisitions
    88. Joint Ventures
    89. Major
    90. Players Financial Matrix
    91. Sales and Operating Income
    92. Major
    93. Players R&D Expenditure. 2023
    94. Company
    95. Profiles
    96. LG Display
    97. Financial
    98. Overview
    99. Products Offered
    100. Key
    101. Developments
    102. SWOT Analysis
    103. Key
    104. Strategies
    105. Samsung Electronics
    106. Financial
    107. Overview
    108. Products Offered
    109. Key
    110. Developments
    111. SWOT Analysis
    112. Key
    113. Strategies
    114. SK Telecom
    115. Financial
    116. Overview
    117. Products Offered
    118. Key
    119. Developments
    120. SWOT Analysis
    121. Key
    122. Strategies
    123. DeepBrain
    124. Financial
    125. Overview
    126. Products Offered
    127. Key
    128. Developments
    129. SWOT Analysis
    130. Key
    131. Strategies
    132. Sparrow Digital
    133. Financial
    134. Overview
    135. Products Offered
    136. Key
    137. Developments
    138. SWOT Analysis
    139. Key
    140. Strategies
    141. AhnLab
    142. Financial
    143. Overview
    144. Products Offered
    145. Key
    146. Developments
    147. SWOT Analysis
    148. Key
    149. Strategies
    150. Hanwha Systems
    151. Financial
    152. Overview
    153. Products Offered
    154. Key
    155. Developments
    156. SWOT Analysis
    157. Key
    158. Strategies
    159. LG Electronics
    160. Financial
    161. Overview
    162. Products Offered
    163. Key
    164. Developments
    165. SWOT Analysis
    166. Key
    167. Strategies
    168. Daum Communications
    169. Financial
    170. Overview
    171. Products Offered
    172. Key
    173. Developments
    174. SWOT Analysis
    175. Key
    176. Strategies
    177. Naver Corporation
    178. Financial
    179. Overview
    180. Products Offered
    181. Key
    182. Developments
    183. SWOT Analysis
    184. Key
    185. Strategies
    186. KT Corporation
    187. Financial
    188. Overview
    189. Products Offered
    190. Key
    191. Developments
    192. SWOT Analysis
    193. Key
    194. Strategies
    195. Kakao Corporation
    196. Financial
    197. Overview
    198. Products Offered
    199. Key
    200. Developments
    201. SWOT Analysis
    202. Key
    203. Strategies
    204. Covariant
    205. Financial
    206. Overview
    207. Products Offered
    208. Key
    209. Developments
    210. SWOT Analysis
    211. Key
    212. Strategies
    213. CureMetrix
    214. Financial
    215. Overview
    216. Products Offered
    217. Key
    218. Developments
    219. SWOT Analysis
    220. Key
    221. Strategies
    222. Hyundai Motor Company
    223. Financial
    224. Overview
    225. Products Offered
    226. Key
    227. Developments
    228. SWOT Analysis
    229. Key
    230. Strategies
    231. References
    232. Related
    233. Reports
    234. LIST
    235. OF ASSUMPTIONS
    236. South Korea Neural Network Software Market
    237. SIZE ESTIMATES & FORECAST, BY TYPE, 2019-2035 (USD Billions)
    238. South
    239. Korea Neural Network Software Market SIZE ESTIMATES & FORECAST, BY COMPONENT,
    240. 2035 (USD Billions)
    241. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    242. ACQUISITION/PARTNERSHIP
    243. LIST
    244. Of figures
    245. MARKET SYNOPSIS
    246. SOUTH
    247. KOREA NEURAL NETWORK SOFTWARE MARKET ANALYSIS BY TYPE
    248. SOUTH
    249. KOREA NEURAL NETWORK SOFTWARE MARKET ANALYSIS BY COMPONENT
    250. KEY
    251. BUYING CRITERIA OF NEURAL NETWORK SOFTWARE MARKET
    252. RESEARCH
    253. PROCESS OF MRFR
    254. DRO ANALYSIS OF NEURAL NETWORK SOFTWARE
    255. MARKET
    256. DRIVERS IMPACT ANALYSIS: NEURAL NETWORK SOFTWARE
    257. MARKET
    258. RESTRAINTS IMPACT ANALYSIS: NEURAL NETWORK SOFTWARE
    259. MARKET
    260. SUPPLY / VALUE CHAIN: NEURAL NETWORK SOFTWARE
    261. MARKET
    262. NEURAL NETWORK SOFTWARE MARKET, BY TYPE, 2025
    263. (% SHARE)
    264. NEURAL NETWORK SOFTWARE MARKET, BY TYPE, 2019
    265. TO 2035 (USD Billions)
    266. NEURAL NETWORK SOFTWARE MARKET,
    267. BY COMPONENT, 2025 (% SHARE)
    268. NEURAL NETWORK SOFTWARE
    269. MARKET, BY COMPONENT, 2019 TO 2035 (USD Billions)
    270. BENCHMARKING
    271. OF MAJOR COMPETITORS

    South Korea Neural Network Software Market Segmentation

     

     

     

    • Neural Network Software Market By Type (USD Billion, 2019-2035)

      • Data Mining & Archiving
      • Analytical Software
      • Optimization Software
      • Visualization Software

     

    • Neural Network Software Market By Component (USD Billion, 2019-2035)

      • Neural Network Software
      • Services
      • Platform

     

     

     

     

     

     

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