The South Korean online gaming market is anticipated to grow at a CAGR of 8.4% during the forecast period. The growth of the market is mainly driven by the e-sports trend of the country which is driving the millennials towards online gaming. In addition to this, the strong presence of domestic players in the market coupled with the innovative offerings will also drive the adoption of online gaming. Moreover, the high internet penetration of the country is expected to be a major contributor to the market growth.

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The South Korean online gaming market is segmented based on game type, device type, and revenue model. Based on the game type, the market is sub-segmented into role-playing games, action & adventure games, racing games, simulation games, strategy games, sports games, and other games. Based on the device type, the market is sub-segmented into the console, computer, mobile devices, and others. Significant growth to the mobile device will be witnessed during the forecast period. For instance, top South Korean gaming companies have started offering their video games for mobile devices due to the increasing trend of playing games on the smartphone. Based on the revenue model, the market is bifurcated into free gaming services and paid gaming services.

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The market study of the South Korea online gaming market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts as to bring more authenticity to the reports.

South Korean Online Gaming Market – Segmentation
by Game Type
Role-Playing Game (MMORPG & MMOG)
Action & Adventure Games
Racing Games
Simulation Games
Strategy Games
Sports Games
Other Games (Card Games)
by Device Type
Console
Computer
Mobile Devices
Others (VR)
by Revenue Model
Free Gaming Services
Paid Gaming Services

Company Profiles
Action Square Co., Ltd.
Activision Blizzard, Inc.
Actoz Soft Co., Ltd.
Com2uS Corp.
Doubleu Games Co, Ltd.
Kakao Corp.
Krafton Inc.
Gravity CO. Ltd.
NCSoft Corp.
Netmarble Corp.
NEXON Co. Ltd.
Nintendo Co. Ltd.
NXC Corp.
Smilegate Holdings, Inc.

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