B2B drives market demand, with B2B spending representing 89.8% of total demand in 2022. Yonhap News Agency Co Ltd is the largest company in South Korea, generating 4.2% of the industry’s total turnover value in 2022. The industry is fragmented, with the top five companies generating 8.3% of total production value in 2022. The total number of companies increases in 2022, to 496 units. The costs of the industry decrease by 6.1% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 43.2% of turnover in 2022, the highest regionally. With turnover of USD4.5 billion, South Korea accounts for 24.3% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on News Agencies in South Korea: ISIC 922. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The News Agencies in South Korea: ISIC 922 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Information and Communication is an aggregation of Telecommunications, Computer and Related Services; Filmmaking, Radio and TV, Publishing and Printing.
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