South Korea Custom Software Development Market Size & Outlook
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South Korea custom software development market highlights
- The South Korea custom software development market generated a revenue of USD 1,399.0 million in 2024 and is expected to reach USD 6,041.2 million by 2030.
- The South Korea market is expected to grow at a CAGR of 27.6% from 2025 to 2030.
- In terms of segment, enterprise software was the largest revenue generating solution in 2024.
- Enterprise Software is the most lucrative solution segment registering the fastest growth during the forecast period.
Custom software development market data book summary
| Market revenue in 2024 | USD 1,399.0 million |
| Market revenue in 2030 | USD 6,041.2 million |
| Growth rate | 27.6% (CAGR from 2025 to 2030) |
| Largest segment | Enterprise software |
| Fastest growing segment | Enterprise Software |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Web-based Solutions, Mobile App, Enterprise Software |
| Key market players worldwide | Accenture PLC Class A, Capgemini SE, Cognizant Technology Solutions Corp Class A, HCL Technologies, Infosys Ltd ADR, Microsoft Corp, Thoughtworks Holding Inc, TietoEVRY Corp ADR, Tata Consultancy Services, Brainvire, Iflexion, Infopulse, Magora, Trigent, TRooTech Business Solutions |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.2% of the global custom software development market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China custom software development market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,552.0 million by 2030.
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Custom Software Development Market Scope
Custom Software Development Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TRooTech Business Solutions | View profile | 251-500 | Ahmedabad, Gujarat, India, Asia | http://trootech.com/ |
| Trigent | View profile | 501-1000 | Southborough, Massachusetts, United States, North America | http://www.trigent.com/ |
| Magora | View profile | 101-250 | London, England, United Kingdom, Europe | https://www.magora-systems.com |
| Infopulse | View profile | 1001-5000 | Kiev, Kyyivs'ka Oblast', Ukraine, Europe | http://www.infopulse.com |
| Iflexion | View profile | 251-500 | Austin, Texas, United States, North America | https://www.iflexion.com/ |
| Brainvire | View profile | 1001-5000 | Irving, Texas, United States, North America | https://www.brainvire.com/ |
| Tata Consultancy Services | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://www.tcs.com |
| TietoEVRY Corp ADR | View profile | 23887 | Keilalahdentie 2-4, P.O. Box 2, Espoo, Finland, FI-02101 | https://www.tietoevry.com |
| Thoughtworks Holding Inc | View profile | 10760 | 200 East Randolph Street, 25th Floor, Chicago, IL, United States, 60601 | https://www.thoughtworks.com |
| Capgemini SE | View profile | 340400 | 11 rue de Tilsitt, Paris, France, 75017 | https://www.capgemini.com |
| Infosys Ltd ADR | View profile | 322663 | 44, Infosys Avenue, Hosur Road, Electronics City, Bengaluru, KA, India, 560 100 | https://www.infosys.com |
| HCL Technologies | View profile | 10001+ | Noida, Uttar Pradesh, India, Asia | http://www.hcltech.com |
| Cognizant Technology Solutions Corp Class A | View profile | 344400 | 300 Frank West Burr Boulevard, Suite 36, 6th Floor, Teaneck, NJ, United States, 07666 | https://www.cognizant.com |
| Accenture PLC Class A | View profile | 742000 | 1 Grand Canal Square, Grand Canal Harbour, Dublin, Ireland, 2 | https://www.accenture.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
South Korea custom software development market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to custom software development market will help companies and investors design strategic landscapes.
Enterprise software was the largest segment with a revenue share of 75.74% in 2024. Horizon Databook has segmented the South Korea custom software development market based on web-based solutions, mobile app, enterprise software covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the South Korean market can be attributed to growing initiatives by the government of South Korea aimed at improving the country digital infrastructure.
For instance, in July 2023, South Korea's Ministry of Science and ICT collaborated with the National IT Industry Promotion Agency (NIPA) in an attempt to nurture domestic SaaS companies.
The collaboration aims to help these companies expand internationally and make it easier for SMEs to adopt and grow their cloud services.
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Our clientele includes a mix of custom software development market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea custom software development market , including forecasts for subscribers. This country databook contains high-level insights into South Korea custom software development market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea custom software development market size, by solution, 2018-2030 (US$M)
South Korea Custom Software Development Market Outlook Share, 2024 & 2030 (US$M)
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