DUBLIN--(BUSINESS WIRE)--Jun 24, 2019--

Mobile subscriber growth has been moderate in mobile market over the past five years. The market has been driven by organic growth from the three main mobile operators, together with the multitude of niche MVNOs. Mobile subscriber growth is expected to be relatively low over the next five years to 2023. Growth rates will taper off further over the next few years as the market further matures in a highly competitive market. The market will be driven by the uptake of both 4G and 5G services.

Auctions for sale of spectrum suitable for the planned deployment of 5G technology occurred in July 2018. All three incumbent mobile network operators acquired new frequencies.

South Korea's three mobile operators, SK Telecom, LG Uplus and KT Corp have switched on their respective 5G networks for enterprise customers.

Telecom, KT Corp and LG Uplus have also launched commercial services to consumers. Initial coverage is reported to be heavily focused on Seoul and its surroundings.

KT's industrial 5G development plans focus on five main areas in collaboration with private sector companies and the government to develop 5G services for both business-to-business (B2B) and business-to-government (B2G) sectors.

The mobile broadband subscriber base in South Korea has grown moderately over the past five years in a relatively mature market supported by widespread rollouts of 4G infrastructure. Slower growth is predicted over the next five years to 2023.

Key Developments:

  • South Koreas three mobile operators switched on their respective 5G networks for enterprise customers,
  • Mobile subscriber growth is expected to be relatively low over the next five years to 2023.
  • KTs industrial 5G development plans focus on five main areas in collaboration with private sector companies and the government.

Key Topics Covered:

1 Market Overview and Analysis

1.1 Background

2 Mobile statistics

2.1 Mobile Subscribers and Forecasts

2.2 Mobile Broadband Subscribers and Forecasts

3 Regulatory issues

3.1 Licensing

3.2 Subsidies

3.3 Spectrum

4 Mobile infrastructure

4.1 2G

4.2 3G

4.3 4G

4.4 5G

4.5 VoLTE

5 Major mobile operators

5.1 Operator statistics

5.2 KT Corp

5.3 SK Telecom

5.4 LG U+

5.5 MVNOs

6 Mobile content and applications

6.1 m-commerce

Companies Mentioned

  • KT
  • LG U+
  • SK Telecom

For more information about this report visit https://www.researchandmarkets.com/r/u64b62

Laura Wood, Senior Press Manager

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Related Topics:4G and 5G,Broadband,Mobile Networks

KEYWORD: ASIA PACIFIC SOUTH KOREA

INDUSTRY KEYWORD: TECHNOLOGY MOBILE/WIRELESS

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 06/24/2019 07:09 PM/DISC: 06/24/2019 07:09 PM

Copyright Business Wire 2019.