{"id":4022,"date":"2023-07-18T11:06:36","date_gmt":"2023-07-18T11:06:36","guid":{"rendered":"https:\/\/ceowebltd.com\/blog\/?p=4022"},"modified":"2023-07-18T11:06:36","modified_gmt":"2023-07-18T11:06:36","slug":"south-korea-artificial-intelligence-market-size-share-analysis-research-report-and-forecast-2023-2028","status":"publish","type":"post","link":"https:\/\/ceowebltd.com\/blog\/south-korea-artificial-intelligence-market-size-share-analysis-research-report-and-forecast-2023-2028\/","title":{"rendered":"South Korea Artificial Intelligence Market Size, Share, Analysis, Research Report and Forecast 2023-2028"},"content":{"rendered":"<p>The \u2018<a href=\"https:\/\/www.expertmarketresearch.com\/reports\/south-korea-artificial-intelligence-market\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-id=\"https:\/\/www.expertmarketresearch.com\/reports\/south-korea-artificial-intelligence-market\" data-type=\"URL\"><strong>South Korea Artificial Intelligence Market Forecast<\/strong><\/a>, Share, Size, Analysis, Report and Outlook 2023-2028\u2019 by Expert Market Research gives an extensive outlook of the South Korea artificial intelligence market, assessing the market on the basis of its segments like product and service, technology, and end use.<\/p>\n<p>The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter\u2019s Five Forces Models.<\/p>\n<p style=\"font-weight: 400\">The key highlights of the report include:<\/p>\n<p style=\"font-weight: 400\">Market Overview (2018-2028)<\/p>\n<ul style=\"font-weight: 400\">\n<li style=\"font-style: inherit;font-weight: inherit\">Historical Market Size (2022): USD 883 million<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">Forecast CAGR (2023-2028): 14.5%<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">Forecast Market Size (2028): USD 2102.80 million<\/li>\n<\/ul>\n<p style=\"font-weight: 400\">The\u00a0<b><span style=\"font-style: inherit\">artificial intelligence<\/span><\/b>\u00a0(AI) market in South Korea saw a significant boom in the last decade with the submission of over 6000 AI-related patents. Over the forecast period, the AI market in South Korea is expected to witness increase in expansion of commercialisation of AI services and goods. Pay-as-you-go AI solutions and services enable companies to test run various features of the AI before making any significant expenditures. The growing acceptance of AI technology is expected to drive the growth of the market in the upcoming years.<\/p>\n<p style=\"font-weight: 400\"><b><span style=\"font-style: inherit\">Get a Free Sample Report with Table of Contents@\u00a0<\/span><\/b><a style=\"font-style: inherit;font-weight: inherit\" href=\"https:\/\/www.expertmarketresearch.com\/reports\/south-korea-artificial-intelligence-market\/requestsample\">https:\/\/www.expertmarketresearch.com\/reports\/south-korea-artificial-intelligence-market\/requestsample<\/a><\/p>\n<p style=\"font-weight: 400\">Increasing developments in security, manufacturing,\u00a0healthcare, and automotive sectors, among others, are providing lucrative opportunities for the South Korea artificial intelligence market growth. The government\u2019s committed efforts towards strengthening the digital ecosystem in the country is also expected to contribute towards the growth of the artificial intelligence market.<\/p>\n<p style=\"font-weight: 400\">Technologies such as data digitalisation, natural language processing, and machine learning have witnessed rapid growth and expansion in the recent years. The surge in requirement for advanced text analytics along with advancements in machine-to-machine technology are key factors driving the South Korea artificial intelligence market growth.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ceowebltd.com\/blog\/south-korea-artificial-intelligence-market-size-share-analysis-research-report-and-forecast-2023-2028\/#South_Korea_Artificial_Intelligence_Industry_Definition_and_Major_Segments\" title=\"South Korea Artificial Intelligence Industry Definition and Major Segments\">South Korea Artificial Intelligence Industry Definition and Major Segments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ceowebltd.com\/blog\/south-korea-artificial-intelligence-market-size-share-analysis-research-report-and-forecast-2023-2028\/#South_Korea_Artificial_Intelligence_Market_Trends\" title=\"South Korea Artificial Intelligence Market Trends\">South Korea Artificial Intelligence Market Trends<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ceowebltd.com\/blog\/south-korea-artificial-intelligence-market-size-share-analysis-research-report-and-forecast-2023-2028\/#Key_Market_Players\" title=\"Key Market Players\">Key Market Players<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/ceowebltd.com\/blog\/south-korea-artificial-intelligence-market-size-share-analysis-research-report-and-forecast-2023-2028\/#Read_More_Reports\" title=\"Read More Reports:\">Read More Reports:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/ceowebltd.com\/blog\/south-korea-artificial-intelligence-market-size-share-analysis-research-report-and-forecast-2023-2028\/#About_Us\" title=\"About Us:\">About Us:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/ceowebltd.com\/blog\/south-korea-artificial-intelligence-market-size-share-analysis-research-report-and-forecast-2023-2028\/#Media_Contact\" title=\"Media Contact:\">Media Contact:<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h3 style=\"font-weight: 500\"><span class=\"ez-toc-section\" id=\"South_Korea_Artificial_Intelligence_Industry_Definition_and_Major_Segments\"><\/span>South Korea Artificial Intelligence Industry Definition and Major Segments<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"font-weight: 400\">Artificial intelligence refers to the field of science that specialises in building computers or machines that are capable of reasoning, acting, and learning in a manner that requires intelligence, similar to that of humans. Advancements in artificial intelligence technology have led to the incorporation of human cognitive abilities in machines such as generalisation and reasoning ability, along with the ability to discover meaning and learn from past experiences.<\/p>\n<p style=\"font-weight: 400\"><b><span style=\"font-style: inherit\">Read Full Report with Table of Contents@\u00a0<\/span><\/b><a style=\"font-style: inherit;font-weight: inherit\" href=\"https:\/\/www.expertmarketresearch.com\/reports\/south-korea-artificial-intelligence-market\">https:\/\/www.expertmarketresearch.com\/reports\/south-korea-artificial-intelligence-market<\/a><\/p>\n<p style=\"font-weight: 400\"><b><span style=\"font-style: inherit\">On the basis of product and service, the market is segmented into:<\/span><\/b><\/p>\n<ul style=\"font-weight: 400\">\n<li style=\"font-style: inherit;font-weight: inherit\">Hardware<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">Software<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">Service<\/li>\n<\/ul>\n<p style=\"font-weight: 400\"><b><span style=\"font-style: inherit\">Based on technology, the market is classified into:<\/span><\/b><\/p>\n<ul style=\"font-weight: 400\">\n<li style=\"font-style: inherit;font-weight: inherit\">Machine Learning<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">Natural Language Processing<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">Others<\/li>\n<\/ul>\n<p style=\"font-weight: 400\"><b><span style=\"font-style: inherit\">On the basis on end use, the market is categorised into:<\/span><\/b><\/p>\n<ul style=\"font-weight: 400\">\n<li style=\"font-style: inherit;font-weight: inherit\">Security<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">Media and Advertising<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">Retail<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">Automotive<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">Healthcare<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">Manufacturing<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">Others<\/li>\n<\/ul>\n<h3 style=\"font-weight: 500\"><span class=\"ez-toc-section\" id=\"South_Korea_Artificial_Intelligence_Market_Trends\"><\/span>South Korea Artificial Intelligence Market Trends<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"font-weight: 400\">The key trends in the South Korea artificial intelligence market include the growing investment and research activities by key players with the aim of commercialising AI services and goods, both for national and international markets. Growth in the information technology sector alongside increased adoption of cloud-based solutions for improving operational efficiencies and analysing large volumes of data is further expected to aid the market growth. Developments in 5G technology along with escalating demands for virtual assistants are also expected to increase the demands for artificial intelligence in South Korea.<\/p>\n<p style=\"font-weight: 400\">Additionally, increasing sales of self-driving vehicles have contributed towards the rising applications of artificial intelligence in automotive manufacturing, further fuelling the growth of the market. Artificial intelligence is also gaining traction in the media and advertising sector for enhancing the streaming service experience for consumers. This, coupled with the rising trend of streaming on OTT platforms, is expected to positively contribute towards South Korea artificial intelligence market growth. In the healthcare sector, growing prevalence of chronic disorders among the population is also expected to contribute towards the increase in use of artificial intelligence for remote monitoring of patients and disease identification.<\/p>\n<h3 style=\"font-weight: 500\"><span class=\"ez-toc-section\" id=\"Key_Market_Players\"><\/span>Key Market Players<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"font-weight: 400\"><b><span style=\"font-style: inherit\">The major players in the South Korea artificial intelligence market report are:<\/span><\/b><\/p>\n<ul style=\"font-weight: 400\">\n<li style=\"font-style: inherit;font-weight: inherit\">Samsung Electronics Co. Ltd<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">SK Telecom Co., Ltd.<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">KT Corp<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">LG Corporation<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">Kakao Enterprise<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">Microsoft Corporation<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">Google LLC<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">Amazon Web Services, Inc.<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">Riiid, Inc.<\/li>\n<li style=\"font-style: inherit;font-weight: inherit\">Others<\/li>\n<\/ul>\n<p style=\"font-weight: 400\">The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.<\/p>\n<h4 style=\"font-weight: 500\"><span class=\"ez-toc-section\" id=\"Read_More_Reports\"><\/span>Read More Reports:<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p style=\"font-weight: 400\">Online Tutoring Services Market:\u00a0<a href=\"https:\/\/www.expertmarketresearch.com\/reports\/online-tutoring-services-market\">https:\/\/www.expertmarketresearch.com\/reports\/online-tutoring-services-market<\/a><\/p>\n<p style=\"font-weight: 400\">Real Estate Market:\u00a0<a href=\"https:\/\/www.expertmarketresearch.com\/reports\/real-estate-market\">https:\/\/www.expertmarketresearch.com\/reports\/real-estate-market<\/a><\/p>\n<p style=\"font-weight: 400\">Personal Flotation Devices Market:\u00a0<a href=\"https:\/\/www.expertmarketresearch.com\/reports\/personal-flotation-devices-market\">https:\/\/www.expertmarketresearch.com\/reports\/personal-flotation-devices-market<\/a><\/p>\n<p style=\"font-weight: 400\">Garment Steamer Market:\u00a0<a href=\"https:\/\/www.expertmarketresearch.com\/reports\/garment-steamer-market\">https:\/\/www.expertmarketresearch.com\/reports\/garment-steamer-market<\/a><\/p>\n<p style=\"font-weight: 400\">Final Expense Insurance Market:\u00a0<a href=\"https:\/\/www.expertmarketresearch.com\/reports\/final-expense-insurance-market\">https:\/\/www.expertmarketresearch.com\/reports\/final-expense-insurance-market<\/a><\/p>\n<h4 style=\"font-weight: 500\"><span class=\"ez-toc-section\" id=\"About_Us\"><\/span>About Us:<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p style=\"font-weight: 400\">Expert Market Research (EMR)\u00a0is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.<\/p>\n<p style=\"font-weight: 400\">EMR customises syndicated reports according to clients\u2019 requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials,\u00a0<b><span style=\"font-style: inherit\">technology<\/span><\/b>\u00a0and media, consumer goods, packaging, agriculture,\u00a0healthcare\u00a0and pharmaceuticals, among others.<\/p>\n<p style=\"font-weight: 400\">Over\u00a03000 EMR consultants\u00a0and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.<\/p>\n<h4 style=\"font-weight: 500\"><span class=\"ez-toc-section\" id=\"Media_Contact\"><\/span>Media Contact:<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p style=\"font-weight: 400\">Company Name: Claight Corporation<br \/>\nContact Person: Steven Luke, Corporate Sales Specialist \u2013 U.S.A.<br \/>\nEmail: sales@expertmarketresearch.com<br \/>\nToll Free Number: +1-415-325-5166 | +44-702-402-5790<br \/>\nAddress: 30 North Gould Street, Sheridan, WY 82801, USA<br \/>\nWebsite: www.expertmarketresearch.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The \u2018South Korea Artificial Intelligence Market Forecast, Share, Size, Analysis, Report and Outlook 2023-2028\u2019 by Expert Market Research gives an extensive outlook of the South&#8230;<\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1255],"tags":[1609,1607,1606,1608],"class_list":["post-4022","post","type-post","status-publish","format-standard","hentry","category-market-data","tag-south-korea-artificial-intelligence-market-report","tag-south-korea-artificial-intelligence-market-share","tag-south-korea-artificial-intelligence-market-size","tag-south-korea-artificial-intelligence-market-trends"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>South Korea Artificial Intelligence Market Size, Share, Analysis, Research Report and Forecast 2023-2028 - CEOweb Ltd. 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