Office suite market leader South Korea 2013-2015
In 2015, Microsoft Office was the market leader in the office suite software market in South Korea, with around 71.3 percent market share. Its strongest rival was Hancom office, a South Korean product.
Established in 1990, Hancom Inc. is one of the earliest South Korean software companies. Hancom developed a native word processing program for the Korean language, called Hangul, also known as HWP or HanWord. Hancom’s Office Suite also includes other typical office software, such as a spreadsheet program, called HanCell. Nowadays, South Korea is one of few countries that have not been completely taken over by Microsoft Office. Hancom’s sales revenue totaled at around 319 billion South Korean won as of 2019. The software sector made up for around 228 billion South Korean won that year. Given that Hancom’s software mainly focuses on the Korean language, the sales revenue of its software sector is mostly made within South Korea.
Hancom Inc.
Established in 1990, Hancom Inc. is one of the earliest South Korean software companies. Hancom developed a native word processing program for the Korean language, called Hangul, also known as HWP or HanWord. Hancom’s Office Suite also includes other typical office software, such as a spreadsheet program, called HanCell. Nowadays, South Korea is one of few countries that have not been completely taken over by Microsoft Office. Hancom’s sales revenue totaled at around 319 billion South Korean won as of 2019. The software sector made up for around 228 billion South Korean won that year. Given that Hancom’s software mainly focuses on the Korean language, the sales revenue of its software sector is mostly made within South Korea.
