South Korea Data Analytics Market Size & Outlook

The data analytics market in South Korea is expected to reach a projected revenue of US$ 15,182.6 million by 2030. A compound annual growth rate of 40.1% is expected of South Korea data analytics market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,434.7
Forecast, 2030 (US$M)
$15,182.6
CAGR, 2024 - 2030
40.1%
Report Coverage
South Korea

South Korea data analytics market highlights

  • The South Korea data analytics market generated a revenue of USD 1,434.7 million in 2023 and is expected to reach USD 15,182.6 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 40.1% from 2024 to 2030.
  • In terms of segment, predictive analytics was the largest revenue generating type in 2023.
  • Prescriptive Analytics is the most lucrative type segment registering the fastest growth during the forecast period.

Data analytics market data book summary

Market revenue in 2023USD 1,434.7 million
Market revenue in 2030USD 15,182.6 million
Growth rate40.1% (CAGR from 2023 to 2030)
Largest segmentPredictive analytics
Fastest growing segmentPrescriptive Analytics
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPrescriptive Analytics, Predictive Analytics, Customer Analytics, Descriptive Analytics
Key market players worldwideAmazon.com Inc, International Business Machines Corp, Alphabet Inc Class C, Oracle Corp, SAP SE, Salesforce Inc, Mu Sigma, Sisense, ThoughtSpot, Zoho

Other key industry trends

  • In terms of revenue, South Korea accounted for 2.5% of the global data analytics market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China data analytics market is projected to lead the regional market in terms of revenue in 2030.
  • South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 15,182.6 million by 2030.

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Data Analytics Market Companies

Name Profile # Employees HQ Website

South Korea data analytics 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 data analytics market will help companies and investors design strategic landscapes.


Predictive analytics was the largest segment with a revenue share of 32.68% in 2023. Horizon Databook has segmented the South Korea data analytics market based on prescriptive analytics, predictive analytics, customer analytics, descriptive analytics covering the revenue growth of each sub-segment from 2017 to 2030.


  • South Korea Data Analytics Type Outlook (Revenue, USD Million, 2017-2030)
    • Prescriptive Analytics
    • Predictive Analytics
    • Customer Analytics
    • Descriptive Analytics
    • Others
  • South Korea Data Analytics Solution Outlook (Revenue, USD Million, 2017-2030)
    • Security Intelligence
    • Data Management
    • Data Monitoring
    • Data Mining
  • South Korea Data Analytics Application Outlook (Revenue, USD Million, 2017-2030)
    • Supply Chain Management
    • Enterprise Resource Planning
    • Database Management
    • Human Resource Management
    • Others

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  • Our clientele includes a mix of data analytics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea data analytics market , including forecasts for subscribers. This country databook contains high-level insights into South Korea data analytics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea data analytics market size, by type, 2017-2030 (US$M)

South Korea Data Analytics Market Outlook Share, 2023 & 2030 (US$M)

South Korea data analytics market size, by type, 2017-2030 (US$M)

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