TECH SUPPLIER Jan 2020 - Market Forecast - Doc # AP44878019

Korea IT Services Forecast, 2019–2023

By: Min KimSenior Research Manager, Smart City, IoT and Services, Sujin HurAssociate Market Analyst, Services

Table of Contents

List of Attachments

IDC Market Forecast Figure

Figure: Korea IT Services Revenue Snapshot

Executive Summary

Advice for Technology Suppliers

Market Forecast

Table: Korea IT Services Forecast by Foundation Market, 2019-2023 (Billion Won)

Korea IT Services Primary Market Trends

Project Oriented

Figure: Korea Project Oriented Services Market Growth, 2018–2023

Managed Services

Figure: Korea Managed Services Market Growth, 2018–2023

Support Services

Figure: Korea Support Services Market Growth, 2018–2023

Korea IT Services Forecast by Vertical Market

Table: Korea IT Services Opportunities by Vertical Market, 2019-2023 (Billion Won)



Government & Public


Distribution & Transportation

Market Context

Drivers and Inhibitors


디지털 기술



단일 프로젝트


Significant Market Developments

전통적인 시스템 통합 사업의 변화

매니지드 클라우드 서비스

2018 Market Review

Table: Korea IT Services Spending by Foundation Market, 2017 vs. 2018 (Billion Won)

Project Oriented

Managed Services

Support Services

TOP 10 IT Services Providers

Table: Top 10 IT Services Providers in Korea, 2017-2018 (Billion Won)

Changes from Prior Forecast

Table: Korea Services Revenue 2018–2023: Comparison of 4Q18 and 4Q19 Forecasts (Billion Won)

Figure: Korea Services Revenue 2018–2023: Comparison of 4Q18 and 4Q19 Forecasts (Billion Won)

Market Definition

IT Services Market Classification

Table: IDC's Services Overview Market Map


Revenue Recognition Changes

Related Research


Related Links