South Korea Standalone 5g Network Market Size & Outlook
South Korea standalone 5g network market, 2021-2030 (US$M)
Related Markets
South Korea standalone 5g network market highlights
- The South Korea standalone 5g network market generated a revenue of USD 231.0 million in 2024 and is expected to reach USD 3,802.2 million by 2030.
- The South Korea market is expected to grow at a CAGR of 59.5% from 2025 to 2030.
- In terms of segment, solutions was the largest revenue generating component in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Standalone 5g network market data book summary
| Market revenue in 2024 | USD 231.0 million |
| Market revenue in 2030 | USD 3,802.2 million |
| Growth rate | 59.5% (CAGR from 2024 to 2030) |
| Largest segment | Solutions |
| Fastest growing segment | Services |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solutions, Services |
Other key industry trends
- In terms of revenue, South Korea accounted for 9.6% of the global standalone 5g network market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China standalone 5g network 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 3,802.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Standalone 5G Network Market Scope
Standalone 5G Network Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea standalone 5g network 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 standalone 5g network market will help companies and investors design strategic landscapes.
Solutions was the largest segment with a revenue share of 81.17% in 2024. Horizon Databook has segmented the South Korea standalone 5g network market based on solutions, services covering the revenue growth of each sub-segment from 2021 to 2030.
Leading telecom operators in South Korea, including SK Telecom Co., Ltd., KT Corporation, and LG Uplus Corp., have made substantial investments in the rollout of standalone 5G networks. As of 2021, KT Corporation is the only telecom provider in South Korea to have established a nationwide 5G standalone (5G SA) network. While SK Telecom and LG Uplus announced their intentions to develop similar networks back in 2020.
In addition, the growing demand for 5G among South Korea population is anticipated to increase the deployment of 5G standalone networks. According to the report published by the GSMA, South Korea is expected to reach 36 million 5G subscribers by 2026, which is equivalent to 90% of the total population.
Reasons to subscribe to South Korea standalone 5g network market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea standalone 5g network market databook
-
Our clientele includes a mix of standalone 5g network 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.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea standalone 5g network market , including forecasts for subscribers. This country databook contains high-level insights into South Korea standalone 5g network market from 2021 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea standalone 5g network market size, by component, 2021-2030 (US$M)
South Korea Standalone 5G Network Market Outlook Share, 2024 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
