|[March 17, 2014]
Research and Markets: South Korea - Telecoms, Mobile, Broadband and Forecasts
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/qpfdxv/south_korea)
has announced the addition of the "South
Korea - Telecoms, Mobile, Broadband and Forecasts" report to
South Korea has one of the world's most active telecommunications and
Information Technology markets backed by strong support from the
government. Spending on ICT and high-technology equipment helped lead a
transformation of the economy to one that is more progressively
knowledge based. Having invested significantly in basic'
telecommunications infrastructure over past decades, the country now has
well developed submarine cable and satellite infrastructure as well as
solid internet resources to support the growing demand for national and
international communications. The government involvement continues with
the aim of transforming the country into a knowledge-based information
society in a smart-age'.
The South Korean Government had a declared commitment to transition the
country to digital terrestrial, digital cable and digital satellite TV
broadcasting by 2012. The pressure created by convergence prompted South
Korea to rewrite its regulatory arrangemnts for the broadcasting and
communications sector. The operators continue to invest heavily in fibre
based broadband deployments. As a result IPTV (News - Alert) subscriptions have passed
the 7 million mark as more content is available and the operators are
able to compete more effectively with their own live broadcasts.
South Korea continues to be a booming mobile market as it innovatively
explores the options for value-added services. The market passed the
110% penetration rate mark into 2013 with many individuals carrying at
least one mobile phone. Having launched 3G networks in 2003, these had
accounted for the majority of subscriptions. More recently, following
the launch of 4G LTE (News - Alert) services in 2011, this technology is quickly
overwhelming the market and, coming into 2014, it had claimed 50% of the
total mobile subscriber base. Not surprisingly, there has also been a
rapid increase in smartphone adoption.
South Korea has the world's highest number of broadband services per
capita. Into 2014 over 38% of the population and around 95% of
households were broadband subscribers. FttX accounted for over 60% of
total subscriptions. Since 2006, Korea's policy emphasis has been on
completing a Broadband convergence Network (BcN) with wireline speeds of
50-100Mb/s per household and 1-2Mb/s on wireless connections. The plan
moving forward has been for a UBcN (Ultra Broadband convergence Network)
with 1Gb/s speeds on fixed lines and 10Mb/s on wireless by 2013.
The drive towards a new economy' has seen significant investments in
Smart Infrastructure including Cloud Computing, Smart Grids and Smart
Cities. The emergence of a National Strategy for Green IT has seen
government promotion of new industry creation into 2018 such as 4G
broadcasts and 3D and Smart television.
Key Topics Covered
Digital Media / Digital Economy
For more information visit http://www.researchandmarkets.com/research/qpfdxv/south_korea
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