Korean enterprises have been always fond of ICT innovations, therefore not surprisingly they are embracing various ICT domains to improve their internal processes. While investments in hardware, software, and IT services continue to gain promin ..."
BMI View: Software and services spending growth is forecast to drive the South Korean IT market
throughout the medium term. Penetration of cloud computing and Internet of Things solutions will increase,
driven by the strength of the South Korean ICT ecosystem, which i ..."
BMI View: South Korea is an advanced IT market supported by high-value households and enterprises, as
well as a broad ecosystem of ICT vendors and a conducive policy environment. IT spending growth slowed
in 2015 as economic uncertainty resulted in weaker sentiment, b ..."
BMI View: We have left our forecasts for the South Korean IT market unchanged in the Q1 2016 report
update. We had undertaken a negative revision in the Q4 2015 report update to reflect the weaker economic
outlook and to account for the weaker sales in H115 that were ..."
Korean enterprises consider ICT to drive sustainable growth, and provide them with innumerable opportunities for improvements and innovations to their existing business processes. Not surprisingly, they are investing in various ICT segments to ..."
BMI View: We have made a further downgrade to the IT market growth forecast for South Korea in the
Q415 update. This downgrade reflects weak sales of hardware in H115 reported by retailers and a
weakening of economic sentiment following the downturn in regional equity ..."
BMI View: We made a minor downgrade to the hardware market growth forecast for 2015 due to a weaker
consumption outlook and reports from local retailers of lower than expected sales of desktops and
notebooks. This revision aside, we maintain our core view that the Sou ..."
BMI View: We extended our forecast for IT spending growth in South Korea to 2019 in the Q2 2015
update, but we maintain our core view that it will outperform the majority of developed markets 2015-2019
due to robust growth rates in the software and services segments, ..."
BMI View: We downgraded our outlook for IT spending growth in South Korea in the Q1 2015 update to
reflect a weakening of the economic outlook, but we still expect it to outperform the majority of developed
markets 2015-2018with robust growth rates, particularly in co ..."
BMI View: We expect spending growth in the South Korean IT market will be considerably lower than
emerging markets in APAC, but considering the advanced state of the South Korean market, these growth
rates are robust, particularly in comparison to EU markets. The Sout ..."