With its globally-renowned internet speeds, investments made in 5G networks by leading telecom companies, and engaged cloud gamers, South Korea’s cloud gaming market is poised for success.1
South Korea continues to lead in smartphone penetration
South Korea is leading the way when it comes to 5G penetration
The rise of cloud gaming
While console gaming will have only moderate growth of 2% into 2021 and beyond, cloud gaming will have the biggest anticipated growth, since a large proportion of South Korean gamers report an increased willingness to engage with this new form of play.
Cloud gaming in South Korea will keep growing as more players are keen to engage with it
Streaming engagement will have moderate growth of 5% into 2021 and beyond, and esports streaming, which has long faced challenges in the market due to regulations, will likely only post marginal growth of 1% in the future.