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South Korea Artificial Intelligence Market Size | 2019-2032

South Korea Artificial Intelligence Market Analysis, Size, and Forecast by Type, Deployment Model, Industry, and Organization Size: 2019-2032

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: AI42718  | Publication: July 2024  |  US$925  |  

South Korea Artificial Intelligence Market Growth and Performance

South Korea Artificial Intelligence Market

  • It's evident that the South Korea artificial intelligence market is on track to reach an impressive US$ 21.99 Billion in revenue by 2032.
  • This growth trajectory is underpinned by an expected Compound Annual Growth Rate (CAGR) of 22.6% from 2024 to 2032, as forecasted by DataCube Research.
  • When analysing the dynamics within South Korean artificial intelligence market landscape, it becomes apparent that the machine learning segment carries significant potential. Projections suggest that by 2032, this segment will assert its dominance, boasting a market value of US$ 6.75 Billion.
  • Looking ahead, industry experts are optimistic about the future of the healthcare sector. Throughout the forecast period, this sector is anticipated to undergo the most rapid expansion in terms of revenue generation, with a 24.8% CAGR.

South Korea Artificial Intelligence Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Type

AI Robotics

Autonomous & Sensor Technology

AI Computer Vision

Generative AI

Machine Learning

Natural Language Processing

Deployment Model

On-premise

Cloud-based

Hybrid

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Organization Size

Large Enterprises

Mid Enterprises

Small Enterprises
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