Groowe Groowe BETA / Newsroom
⏱ News is delayed by 15 minutes. Sign in for real-time access. Sign in

South Korea Digital Transformation Market Set for Strong Growth Through 2035, Fueled by AI, Cloud Adoption and Smart Enterprise Investments

globenewswire.com
SAP SAP is mentioned as a global enterprise technology company creating opportunities in the South Korean digital transformation market, particularly in ERP cloud migration and industrial software. ORCL Oracle is identified as a global enterprise technology company that has opportunities in the South Korean digital transformation market, especially in areas like cloud migration and industrial software. IBM IBM is listed as a global enterprise technology company that benefits from opportunities in the South Korean digital transformation market, particularly in cloud migration and industrial software. AMZN AWS (Amazon Web Services) is mentioned as a global enterprise technology company creating opportunities in the South Korean digital transformation market, especially in cloud migration and industrial software. PTC PTC is mentioned as a global enterprise technology company creating opportunities in the South Korean digital transformation market, especially in cloud migration and industrial software.

South Korea Digital Transformation Market Set for Strong Growth Through 2035, Fueled by AI, Cloud Adoption and Smart Enterprise Investments Dublin, Sept. 15, 2026 (GLOBE NEWSWIRE) -- "South Korea Digital Transformation Market Size and Share - Growth Analysis Report and Forecast Trends (2026-2035)" has been added to ResearchAndMarkets.com's offering.

South Korea Digital Transformation Market Set to Grow at 15-20% CAGR Through 2035

The South Korea digital transformation market is projected to expand at a compound annual growth rate of approximately 15-20% from 2026 to 2035. Growth is being supported by major government digital infrastructure initiatives, enterprise technology investment, widespread 5G connectivity, accelerated cloud migration and increasing adoption of artificial intelligence across healthcare, manufacturing, financial services, automotive and consumer electronics.

Government programmes remain an important catalyst for market development. South Korea's Digital New Deal includes targeted cloud computing investment alongside broader multi-billion-dollar commitments to digital infrastructure. In addition, the AI Korea Initiative is expected to direct KRW 5.6 trillion, equivalent to approximately USD 4.2 billion, toward artificial intelligence development through 2030. These investments are designed to strengthen domestic AI capabilities, support enterprise adoption and maintain South Korea's competitiveness in advanced technology.

The country's large conglomerates are central to the South Korea digital transformation market outlook. Samsung, SK, LG, Hyundai, Lotte, CJ and Hanwha are implementing extensive programmes involving cloud migration, artificial intelligence, Internet of Things integration, smart manufacturing and business process automation. Their combined annual technology spending represents one of Asia's most significant sources of enterprise digital transformation investment.

Key Market Trends and Insights

South Korea Digital Transformation Market Forecast

South Korea's position as a global leader in semiconductors, electronics and automotive manufacturing is shaping specialised demand for industrial digital transformation solutions. Samsung Electronics and SK Hynix are applying AI to semiconductor defect detection, predictive maintenance and yield optimisation. Hyundai is advancing software-defined vehicle platforms, while LG is integrating AI into smart home systems and connected consumer products.

These requirements are creating opportunities for global enterprise technology companies such as SAP, Oracle, IBM, AWS, Siemens and PTC. Competition is particularly strong in enterprise resource planning cloud migration, industrial software, generative AI, cybersecurity and managed digital transformation services. Partnerships with Korean technology providers are also becoming increasingly important as international vendors expand local capabilities and address the operational needs of major Korean enterprises.

Key Takeaways

With sustained public investment, advanced communications infrastructure and significant spending by leading conglomerates, the South Korea digital transformation market is positioned for strong expansion. AI adoption, enterprise cloud migration and industrial automation will remain the principal growth engines as organisations modernise operations, launch connected products and strengthen their global competitiveness.

Key Topics Covered:

South Korea Digital Transformation Market

South Korea Digital Transformation Market Market by Technology Type

South Korea Digital Transformation Market Market by Solution Type

South Korea Digital Transformation Market Market by End-User Industry

South Korea Digital Transformation Market Market by Region

Market Dynamics

Competitive Landscape

List of Key Figures and Tables

Companies Featured

For more information about this report visit https://www.researchandmarkets.com/r/u9w2qt

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.