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Vipon > V Show > South Korea Artificial Intelligence Market Size, Share and Forecast 2024-32

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South Korea Artificial Intelligence Market Size, Share and Forecast 2024-32

2024-07-12 02:23:54

Report

IMARC Group's report titled "South Korea Artificial Intelligence Market Report by Offering (Hardware, Software, Services), Technology (Machine Learning, Natural Language Processing, and Others), End Use Industry (IT and Telecom, Healthcare, Retail and E-Commerce, Logistics and Transportation, Manufacturing, Consumer Electronics, BFSI, and Others), and Region 2024-2032". South Korea artificial intelligence market size is projected to exhibit a growth rate (CAGR) of 24.98% during 2024-2032.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/south-korea-artificial-intelligence-market/requestsample

The growth of the South Korea artificial intelligence market is being driven by a robust technological infrastructure and strategic government initiatives. Recognizing AI as a cornerstone of the Fourth Industrial Revolution, government authorities heavily invest in AI research and development. Key initiatives like the Korean New Deal and the AI National Strategy aim to position South Korea as a global leader in AI technology. These efforts are fostering innovation and encouraging collaboration between academia, industry, and government institutions. The country’s advanced 5G network is also playing a crucial role by facilitating the development and deployment of AI applications, thereby enhancing capabilities in areas such as smart cities, autonomous vehicles, and healthcare.

Private sector investment and consumer adoption are significant drivers of the AI market in South Korea. Leading conglomerates such as Samsung, LG, and Hyundai are integrating AI into their products and services, ranging from smart home devices to industrial automation and autonomous driving technologies. This integration is fueling market growth. Additionally, the rise of AI startups and increased venture capital funding are stimulating the development of innovative AI solutions tailored to various industries. The growing use of AI in customer service, finance, and retail is enhancing operational efficiency and customer experience, further escalating the market. Consumer acceptance of AI-driven technologies, such as virtual assistants and personalized recommendations, is high among the tech-savvy population, which is expected to drive the South Korea artificial intelligence market over the forecasted period.

South Korea Artificial Intelligence Market Report Segmentation:

Offering Insights:

Hardware
Software
Services

Technology Insights:

Machine Learning
Natural Language Processing
Others

End Use Industry Insights:

IT and Telecom
Healthcare
Retail and E-Commerce
Logistics and Transportation
Manufacturing
Consumer Electronics
BFSI
Others

Regional Insights:

Seoul Capital Area
Yeongnam (Southeastern Region)
Honam (Southwestern Region)
Hoseo (Central Region)
Others

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: [email protected]

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

South Korea Artificial Intelligence Market Size, Share and Forecast 2024-32

497.2k

2024-07-12 02:23:54

IMARC Group's report titled "South Korea Artificial Intelligence Market Report by Offering (Hardware, Software, Services), Technology (Machine Learning, Natural Language Processing, and Others), End Use Industry (IT and Telecom, Healthcare, Retail and E-Commerce, Logistics and Transportation, Manufacturing, Consumer Electronics, BFSI, and Others), and Region 2024-2032". South Korea artificial intelligence market size is projected to exhibit a growth rate (CAGR) of 24.98% during 2024-2032.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/south-korea-artificial-intelligence-market/requestsample

The growth of the South Korea artificial intelligence market is being driven by a robust technological infrastructure and strategic government initiatives. Recognizing AI as a cornerstone of the Fourth Industrial Revolution, government authorities heavily invest in AI research and development. Key initiatives like the Korean New Deal and the AI National Strategy aim to position South Korea as a global leader in AI technology. These efforts are fostering innovation and encouraging collaboration between academia, industry, and government institutions. The country’s advanced 5G network is also playing a crucial role by facilitating the development and deployment of AI applications, thereby enhancing capabilities in areas such as smart cities, autonomous vehicles, and healthcare.

Private sector investment and consumer adoption are significant drivers of the AI market in South Korea. Leading conglomerates such as Samsung, LG, and Hyundai are integrating AI into their products and services, ranging from smart home devices to industrial automation and autonomous driving technologies. This integration is fueling market growth. Additionally, the rise of AI startups and increased venture capital funding are stimulating the development of innovative AI solutions tailored to various industries. The growing use of AI in customer service, finance, and retail is enhancing operational efficiency and customer experience, further escalating the market. Consumer acceptance of AI-driven technologies, such as virtual assistants and personalized recommendations, is high among the tech-savvy population, which is expected to drive the South Korea artificial intelligence market over the forecasted period.

South Korea Artificial Intelligence Market Report Segmentation:

Offering Insights:

Hardware
Software
Services

Technology Insights:

Machine Learning
Natural Language Processing
Others

End Use Industry Insights:

IT and Telecom
Healthcare
Retail and E-Commerce
Logistics and Transportation
Manufacturing
Consumer Electronics
BFSI
Others

Regional Insights:

Seoul Capital Area
Yeongnam (Southeastern Region)
Honam (Southwestern Region)
Hoseo (Central Region)
Others

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: [email protected]

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

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