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IMARC
Group's report titled "South
Korea Artificial Intelligence Market Report by Offering (Hardware, Software,
Services), Technology (Machine Learning, Natural Language Processing, and
Others), End Use Industry (IT and Telecom, Healthcare, Retail and E-Commerce,
Logistics and Transportation, Manufacturing, Consumer Electronics, BFSI, and
Others), and Region 2024-2032". South Korea artificial
intelligence market size is projected to exhibit a growth rate
(CAGR) of 24.98% during 2024-2032.
For an in-depth analysis, you can refer sample copy of the
report: https://www.imarcgroup.com/south-korea-artificial-intelligence-market/requestsample
The
growth of the South Korea artificial intelligence market is being driven by a
robust technological infrastructure and strategic government initiatives.
Recognizing AI as a cornerstone of the Fourth Industrial Revolution, government
authorities heavily invest in AI research and development. Key initiatives like
the Korean New Deal and the AI National Strategy aim to position South Korea as
a global leader in AI technology. These efforts are fostering innovation and
encouraging collaboration between academia, industry, and government
institutions. The country’s advanced 5G network is also playing a crucial role
by facilitating the development and deployment of AI applications, thereby
enhancing capabilities in areas such as smart cities, autonomous vehicles, and
healthcare.
Private
sector investment and consumer adoption are significant drivers of the AI
market in South Korea. Leading conglomerates such as Samsung, LG, and Hyundai
are integrating AI into their products and services, ranging from smart home
devices to industrial automation and autonomous driving technologies. This
integration is fueling market growth. Additionally, the rise of AI startups and
increased venture capital funding are stimulating the development of innovative
AI solutions tailored to various industries. The growing use of AI in customer
service, finance, and retail is enhancing operational efficiency and customer
experience, further escalating the market. Consumer acceptance of AI-driven
technologies, such as virtual assistants and personalized recommendations, is
high among the tech-savvy population, which is expected to drive the South
Korea artificial intelligence market over the forecasted period.
South Korea Artificial Intelligence Market Report
Segmentation:
Offering Insights:
Technology Insights:
End Use Industry Insights:
Regional Insights:
Note: If you need specific information that is not currently
within the scope of the report, we will provide it to you as a part of the
customization.
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