Emerging Outsourcing Opportunities: South Korea

Introduction

The South Korean market is unique. It is one of the largest, most sophisticated and mature markets in the Asia-Pacific region, but has some distinct nuances that make it its own standalone entity.

Highlights

Ovum expects the IT services market to grow by around 7% in the period from 2013 to 2016, and the need to effectively service this growing market will rise, especially as local providers increasingly look outside their home market.

Features and Benefits

  • Assess and evaluate some of the key factors that need to be considered when looking to enter the South Korean IT services market.

  • Understand some of the pitfalls to be avoided and considerations at a macro and micro level that will support an investment decision.

Key Questions Answered

  • Even though South Korea's IT services market is worth $13bn, is it a market worth targeting?

  • Is the influence of the major chaebols' IT services arms so enveloping that it is hardly worth considering South Korea as an IT services market opportunity?

  • What macro level factors should be considered when considering the South Korean market? Are these changing?

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