The forecast of the Korean Communication Market in 2009.
Posted: November 24th, 2008, by Yunho ChungFollowing charts are from the 2009 Korea Communication Market Forecast Report by KT Management Research Labotory, Digieco (www.digieco.co.kr). To see in detail, click the charts.
KT Management Research Labotory forecasted that the Korean communication market size will grow to 308.1 trillion won (appox. 220 billion us dollars)
According to the report, VoIP subscribers will increase by 8.2 billion and market revenue will increase by 270 billion won (appox. 157 million us dollars).
Everybody in this industry is monitoring the IPTV market closely these days. The subscribers for IPTV were, according to the data from June 2008, around 1.5 million. This chart was drawn based on the actual data from July 2006 to June 2008. It describes two possible scenarios, shown by a orange and a blue line, about the future subscriber base of IPTV in Korea.
To see whether the outcome will result in the blue or orange line I searched for other sources for subscriber base and found that there were 1.6 million subscribers by September 2008. Consequently it seems that the prediction shown by the orange line is more similar to the reality than the blue line so far.
Report also pointed out three changes of paradigm from 2008 Korean communication industry as follows:
1. IT governance changes
2. Government policies for IT industry growth changes
3. Competition dynamics change in Korean communication industry
Report also forecasted that the Korean communication industry will change through convergence of media such as broadcasts, telecom, internet, newspapers especially with the start of Korea Communications Commisions, equivalent to Ofcom in UK,
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