Mobile data service revenue is set to grow at a CAGR of 7.5 per cent The total mobile services revenue in South Korea is set to increase at a compound annual growth rate (CAGR) of 4.4 per cent from $US22.7 billion in 2021 to $US28.1 billion in 2026, driven by…
Read MoreSouth Korea
South Korea’s fixed communication service revenue to decline
At a CAGR of 1.4% by 2026. Fixed communication service revenue in South Korea is expected to decline from $6.5 billion in 2021 to $6.1 billion in 2026 at a compound annual growth rate (CAGR) of 1.4%, according to GlobalData. The leading data and analytics company notes that this decrease…
Read MoreSeoul National University first to use Korean version of Gradescope
Popular for helping educators cut grading time in half. Following the successful English software release in South Korea in September 2021, edtech solution Gradescope by Turnitin has now launched its Korean language interface. For more than two decades, Turnitin has provided academic integrity and assessment solutions for more than 16,000 institutions in 140 countries. Originally developed by former…
Read MoreEnterprise security spending in South Korea to reach $US2B in 2025
Massive increase in the volume and magnitude of cyber-attacks. The total addressable market size of enterprise security in South Korea, in terms of spending opportunity, is poised to reach $US2bn in 2025 as the need to secure vital information assets against security breaches becomes crucial for enterprises shifting towards digital…
Read MoreSouth Korea’s MSIT releases plan to regulate AI
“Realise trustworthy AI for everyone”. The Ministry of Science and Technology (MSIT) in South Korea, has announced a strategy to investigate artificial intelligence trustworthy for everyone. While artificial intelligence is a leading innovation and being used and spread across all industries and society as a leading force in the fourth…
Read MoreTech initiatives in South Korean cities
When it comes to Seoul, there’s absolutely no question it’s a smart city. In Korea, their ‘Night Rider’ buses get the objectively cooler name of ‘Owl Bus.’ But the service’s true value goes deeper than that. You see, Seoul is over 100 times bigger than Singapore – and sometimes, getting home after…
Read MoreMcDonalds faces data breach in Asia
Famous golden arches fast food chain reports customer’s data access in Asia. A number of media outlets have reported the fast food chain McDonlads has been the victim of a data breach. According to NPR McDonalds stated during its investigation determined that only South Korea and Taiwan had customer personal…
Read MoreGlobal military organisations turning to simulation to address safety
India and South Korea militaries lead the drive in Asia. Most militaries across the globe are transitioning their training to simulators to address personal safety challenges. In fact, the global military simulator systems market is anticipated to grow by 55 per cent in 2030, as compared to the current year’s market value. The modernisation of armed forces and the induction of increasingly sophisticated…
Read MoreSouth Korea’s digital push to help with economic recovery
Korean Government reveals master plan to lead digital transition post COVID-19 The South Korean Government’s plans for post COVID-19 recovery includes two pillars – the Green New Deal and the Digital New Deal. The Government aims to lead digital transition with the Digital New Deal by investing 23.4 trillion KRW (government…
Read More