What is the video game industry in South Korea?

Date:2023-01-07
The video game industry in South Korea has been growing at an astonishing rate since the early 2000s. According to research from the Korean Creative Content Agency, the industry was estimated to be worth USD 5.45 billion in 2019, making it the second-largest video game market in the world. The popularity of esports, particularly PC, is one of the primary factors driving the growth of South Korea’s video game industry, with major tournaments filling large arenas on an annual basis and attracting millions of spectators. Mobile games are also on the rise and have seen huge success in the mobile gaming market.
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