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Learn moreAug 2020
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South Korea has had limited gaming hours for teenagers since 2011, with those under 16 prohibited from playing online and console games from midnight until 6 am. However, this does not apply to mobile games.
NCsoft Corp continued to retain its leading position in 2019, with its flagship game, Lineage. Lineage is an MMORPG, with sales mainly taking place online, boosted by the launch of Lineage M in 2017 and Lineage 2M in 2019.
In 2020, sales of video games are now expected to grow by 6% in constant 2019 value terms, in light of the impact of COVID-19. This compared to a 4% rise in sales forecast in our 2019 edition of toys and games.
Video games is set to record higher growth in 2020, compared to the pre-COVID-19 predictions. This is due to consumers turning to video games for increased home entertainment, with digital sales boosting overall growth, as an easy, convenient way to purchase and play games at home.
The video games industry is predicted to see a boost in growth in 2020, compared to the pre-COVID-19 prediction. Across the forecast period, growth in the industry will continue to be driven by AR/VR headsets, as a new technology appealing to consumers and boosting the industry forward.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Video Games industry in South Korea with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Video Games industry in South Korea, our research will save you time and money while empowering you to make informed, profitable decisions.
The Video Games in South Korea market research report includes:
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Why buy this report?
This industry report originates from Passport, our Toys and Games market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.