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South Korea

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  • South Korea
  • International Trade Administration
  • International Trade Administration


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Title South Korea
Similar Titles
Material Type Articles
Author(English)

International Trade Administration

Publisher

[Washington, D.C.]:International Trade Administration

Date 2015
Journal Title; Vol./Issue ITA Cloud Computing Top Markets Report:
Pages 4
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < IT
Holding International Trade Administration

Abstract

South Korea, ranking 12th in our analysis, is one of the most stable markets for cloud computing due to existing infrastructure and government financing of ICT and cloud expansion. Moreover, foreign and U.S. providers have ample experience in the market, yet still are finding opportunities for growth, particularly in the private cloud sector. Operating in South Korea comes with certain regulatory challenges, particularly in dealings with public institutions. In addition, large U.S. and foreign providers already exist in the market and many Korean SMEs have established cloud enterprises. That said, the market is primed for ample growth and presents a strong and stable environment with high demand for cloud services.