South Korea Infrastructure Market Size, Share, and COVID-19 Impact Analysis, By Type (Social Infrastructure, Transportation Infrastructure, Extraction Infrastructure, Manufacturing Infrastructure), South Korea Infrastructure Market Insights Forecasts to 2032

Industry: Construction & Manufacturing

RELEASE DATE Dec 2023
REPORT ID SI3156
PAGES 200
REPORT FORMAT PathSoft

South Korea Infrastructure Market Insights Forecasts to 2032

  • The South Korea Infrastructure Market Size was valued at USD 54.17 Billion in 2022.
  • The Market Size is Growing at a CAGR of 3.37% from 2022 to 2032.
  • The South Korea Infrastructure Market Size is expected to reach USD 75.43 Billion by 2032.

 

South Korea Infrastructure Market

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The South Korea Infrastructure Market Size is Expected To Reach USD 75.43 Billion by 2032, at a CAGR of 3.37% during the forecast period 2022 to 2032.

 

Market Overview

The structures and mechanisms that enable the long-term operation of businesses and households are known as infrastructure. Both domestic and foreign players are being drawn to countries where there is a greater push towards infrastructure development. From power and airports to highways and communications, the private sector is becoming a major player in many infrastructure sectors. South Korea is an excellent opportunity for US companies to test their safety measures before implementing them in other markets because of its advanced ICT infrastructure and leadership in high-speed internet use. Businesses that develop innovative and complex products for vital infrastructure have a greater chance of success, but there are also chances for those that offer cybersecurity training and consulting services. Furthermore, businesses that concentrate on resolving technical issues for end users stand to benefit more from remote support software solutions. Solutions for malware detection, firmware support, and battery optimization are used by a significant percentage of consumers today. To assist these clients technically, a lot of small businesses are outfitting their IT help desks with remote support software. Essentially, during the forecast period, market growth will be driven by the increasing demand for remote support solutions.

 

Report Coverage

This research report categorizes the market for South Korean infrastructure market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korean infrastructure market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korean infrastructure market.

 

South Korea Infrastructure Market Report Coverage

Report CoverageDetails
Base Year:2022
Market Size in 2022:USD 54.17 Billion
Forecast Period:2022-2032
Forecast Period 2022-2032 CAGR:3.37%
2032 Value Projection:USD 75.43 Billion
Historical Data for:2018-2021
No. of Pages:200
Tables, Charts & Figures:110
Segments covered:By Type, and COVID-19 Impact Analysis.
Companies Covered: GS E&C, Daewoo E&C, 6.2.7 Hyundai Engineering, Lotte E&C, HDC, Samsung C&T, Hyundai E&C, Daelim Industrial, POSCO E&C, Hoban Construction, others
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving Factors

A primary driver of the VDI (Virtual Desktop Infrastructure) market’s expansion in South Korea is the increasing demand for remote support from a variety of organizations. Due to the need for affordable solutions to optimize various business operations and the rise in internet speeds, remote support software is in high demand. Moreover, companies that concentrate on fixing end-user technical problems stand to gain more from remote support software solutions. Solutions for malware detection, firmware support, and battery optimization are used by a significant percentage of consumers

 

Restraining Factors

The industry may not expand as quickly as expected because of the growing concern about data security and privacy. Organizations must make sure that their digital infrastructure is safe and complies with laws.

 

Market Segment

  • In 2022, the transportation infrastructure segment accounted for the largest revenue share over the forecast period.

Based on the type, the South Korean infrastructure market is segmented into social infrastructure, transportation infrastructure, extraction infrastructure, and manufacturing infrastructure. Among these, the transportation infrastructure segment has the largest revenue share over the forecast period. An integral part of the economy is transportation. It allows consumer to receive packages and other products in the comfort of their homes, makes daily commutes more convenient, and permits them to travel freely to every part of the nation. The foundation of Korea's economy is undoubtedly the transportation and logistics sectors and emerging forms of mobility like autonomous cars and urban air mobility (UAM) are generating fresh energy for expansion in the years to come.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korean infrastructure market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • GS E&C
  • Daewoo E&C
  • 6.2.7 Hyundai Engineering
  • Lotte E&C
  • HDC
  • Samsung C&T
  • Hyundai E&C
  • Daelim Industrial
  • POSCO E&C
  • Hoban Construction

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting and Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Market Segment

This study forecasts revenue at regional, and country levels from 2021 to 2032. Spherical Insights has segmented the South Korean infrastructure market based on the below-mentioned segments:

 

South Korea Infrastructure Market, By Type

  • Social Infrastructure
  • Transportation Infrastructure
  • Extraction Infrastructure
  • Manufacturing Infrastructure

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