Education in South Korea

Country Report

About This Report

Aug 2019

Education is set to witness a 5% CAGR over 2018-2023, driven by higher government funding, rising household spending on education and the sector’s rapid digitisation

South Korea is increasingly focusing on lifelong learning and international students, amid the country’s demographic crisis

In 2018, the education market starts to recover, and posts 1% growth, due to higher public and private education spending

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Education in South Korea

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Education in South Korea

Headlines

Prospects

Growth is set to recover due to rising public spending
The household financial burden for education continues to increase
The role of lifelong learning to grow amid demographic crisis

Competitive Landscape

Universities focus on international students to plug the gap in enrolment
South Korean edtech increasingly attracts investors’ attention

Industry Overview

Chart 1 Turnover 2003-2023, LCU million
Chart 2 Value Added 2013-2018, LCU million
Chart 3 Profit and Profit Margin 2013-2018
Chart 4 Turnover and Growth by Category 2018, LCU million
Chart 5 Adult And Other Education Turnover 2003-2023, LCU million
Chart 6 Pre-Primary And Primary Education Turnover 2003-2023, LCU million
Chart 7 Secondary Education Turnover 2003-2023, LCU million
Chart 8 Higher Education Turnover 2003-2023, LCU million
Chart 9 Absolute Growth by Category, LCU million

Cost Structure

Chart 10 Cost Structure 2018, LCU million

Trade

Chart 11 Imports, Exports and Trade Balance 2013-2018, LCU million
Chart 12 Exports 2013-2018, LCU million
Chart 13 Exports Share by Category 2013-2018, % of Total Exports
Chart 14 Imports 2013-2018, LCU million
Chart 15 Imports Share by Category 2013-2018, % of Total Imports

Market Structure

Chart 16 Market Structure by Category 2013-2018, LCU million
Chart 17 Market Share by Category 2013-2018, % of Total Market
Chart 18 Market Structure 2013-2018, LCU million

Buyers

Chart 19 Market Structure by Buyer 2018, LCU million

Firmographics

Chart 20 Employment Statistics and Productivity 2013-2018
Chart 21 Number of Companies by Company's Size 2013-2018
Chart 22 Firmographics Distribution by Turnover 2013-2018, % of total Turnover
Chart 23 Industry Concentration 2013-2018, % Share of Turnover
Chart 24 Top Companies' Shares 2018, % of Turnover
Chart 25 Top 5 Companies' Share Dynamics 2013-2018, % of Turnover
Chart 26 Turnover Performance by Company 2013-2018

Digital Business

Chart 27 Share of E-Commerce Activities 2018-2023, %
Chart 28 Number of Companies Receiving Orders Online 2013-2018
Chart 29 Number of Companies Placing Orders Online 2013-2018
Chart 30 Revenue from E-Commerce, 2013-2018, LCU million

Industry Context

Chart 31 Attractiveness Index in Selected Industries 2018
Chart 32 Industry vs GDP Performance 2003-2023, % y-o-y Growth
Chart 33 Education vs Other Industries 2003-2023, LCU million
Chart 34 Industry Turnover by Region 2018, USD million
Chart 35 Education in Asia Pacific 2003-2023, USD million