Revenue of artificial intelligence companies South Korea 2018-2023

Published by
Jang Seob Yoon,
Sep 16, 2024

In 2023, it was estimated that artificial intelligence (AI) companies in South Korea achieved a total sales revenue of over five trillion South Korean won. Although the number of surveyed domestic AI companies has increased, the revenue has more than doubled compared to the figure recorded only two years prior in 2020.

Sales revenue of artificial intelligence (AI) companies in South Korea from 2018 to 2023 (in billion South Korean won)

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Release date

April 2024

Region

South Korea

Survey time period

2018 to 2023

Number of respondents

1,876 companies in 2023

Special properties

includes AI software, services, and hardware

Method of interview

Face-to-face interview, online survey

Supplementary notes

*Estimate.

Figures have been rounded.

1,000 South Korean won equals 0.75 U.S. dollars or 0.67 euros as of September 2024. 

Respondent counts for previous years are as follows:
2018: 865 companies
2019: 896 companies
2020: 1,199 companies
2021: 1,274 companies
2022: 1,791 companies

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Overview

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Topics

Artificial intelligence (AI) in South KoreaCloud computing in South KoreaImports to South KoreaTV consumption in South KoreaLuxury real estate in South Korea
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