South Korea is the world's 4th largest market for video games. About half the population of the country plays games on their smartphone. From the past several decades, gaming has been a staple of South Korean culture. South Korea teenagers and adults have habits of playing games and heads towards nearby LAN game centre, after school. South Korea deeply embedded competitive gaming has become a mass culture, making it an excellent breeding environment for a vibrant and highly lucrative pro-gaming scene. According to Renub Research analysis, the South Korea Video Game Market will be US$ 9.8 Billion by the year 2026.
After the host of 2nd World Cyber Games in South Korea in 2002, the government has become serious regarding the video game industry in the country. Before the adoption of professional gaming in other parts of the world, the South Korean government had devoted television channels too early so that the Korean country would lead the world. Internet cafés, called PC bangs, are essential locations for young adults in their social life. They go there to play games, talk and socialize on camera.
The video game's main problems are its addiction; many studies in Korea have shown the link between video game addiction and psychological disorders like depression and anxiety. Thus, the Korean government has invested substantial sums in new hospitals, programs, and community groups to reduce the problem due to concerns of widespread video game addiction affecting players' health protection and despite numerous accidents related to it. The government took a measure and enforced the Cinderella Act that bans on playing video games from midnight to early morning.
South Korea largest giant Netmarble Games, launched its new mobile MMORPG, A3: Still Alive, which was available for local users since March 2020. Another largest video games giant Nexon launched its new mobile role-playing game V4 in September 2019, which was company's most highly anticipated massively multiplayer online role-playing games. By this, the company aims to attract users in local as well as abroad as seeing other mobile action games like HIT and OVERHIT.
Renub Research report titled “South Korea Video Game Market & Forecast, by Category (Mobile Games, Download Games, Online Games, Gaming Networks), Users (Mobile Games, Download Games, Online Games, Gaming Networks), Age Group (18-24, 25-34, 35-44, 45-54, 55-64), Gender (Male, Female), Income (Low Income, Medium Income, High Income), Company (Netmarble Corp., Gravity Co. Ltd., DoubleU Games, Activision Blizzard, NHN Entertainment Corp.)” studies the Korea video game industry. This report provides an all-encompassing analysis of the key growth drivers and restraining factors, demand, and their projections for the upcoming years.
Request a free Sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=south-korea-video-game-market-p.php
Category & Users – The Report Studies the Market and Number of Users of the 4 Segments
1. Mobile Games
2. Download Games
3. Online Games
4. Gaming Network
Age Group – The Report Studies the South Korea Number of Video Game Players in the following 5 Age Groups
1. 18-24
2. 25-34
3. 35-44
4. 45-54
5. 55-64
Gender – The Report provides the Korea Video Game Player Numbers in both the Genders
• Male
• Female
Income – The Report Studies the Video Game Numbers by 3 Income Segments
• Low Income
• Medium Income
• High Income
All the company covered in the report has been covered from 3 viewpoints
• Overview
• Initiatives & Recent Developments
• Revenue
Company Profile
1. Netmarble Corp.
2. Gravity Co. Ltd.
3. DoubleU Games
4. Activision Blizzard
5. NHN Entertainment Corp.
About Company:
Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises of major players in Life Sciences, Information Technology, Telecom, Financial Services (Banking, Insurance), Energy, Retail, Manufacturing, Automotive, and Social sector. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.
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South Korea Video Game Market & Forecast, by Category & Users | Renub Research
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There was a small area to putt and you manually entered the putts into the system on your honor or the watchful eye of your opponent.That was a way for people who already liked to play golf to continue playing even when the weather was bad.
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The phenomenal success of mobile games gave rise to more focus on mobile game development.
The mobile game market is continuously expanding just because businesses are taking the fresh interest in them to engage addicted gamers quickly to their brands.
Simple game concept and unique development
Look at the majority of successful games like Angry Birds or Subway Surfers, and you will observe that their core concept is very much simple.
Do you know why most games over a period of time experience less and less engagement from old game players?
To address this boredom effects, you need to applaud each and every game playing achievement befittingly.
Rocket League Mobile has finally been confirmed by Epic and Psyonix with the name Rocket League Sideswipe.
Rocket League Sideswipe is a brand new game that will bring many of the fun and core elements of the original game to mobile devices that have two-dimensional layout.
The vehicular soccer video game is a popular request from players for Android as well as iOS porting.
The team behind it all are finally ready to make the leap.
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If the ball went into the water or X Trend Premium Review out of bounds you did receive a penalty and the rest of the rules of golf applied as much as they could.
There was a small area to putt and you manually entered the putts into the system on your honor or the watchful eye of your opponent.That was a way for people who already liked to play golf to continue playing even when the weather was bad.
You can apply a similar idea when marketing on the Internet.
Put a new way of looking at something into your Internet marketing strategies.It seems virtual golf is making the rounds again but for a different reason than weather.
In South Korea, golf is very expensive and the local golf courses are always full.
Virtual golf gives those who want to enjoy the benefits of golf the opportunity to play even if it is virtual.Notice how this idea follows some of the points that were made earlier.
The phenomenal success of mobile games gave rise to more focus on mobile game development.
The mobile game market is continuously expanding just because businesses are taking the fresh interest in them to engage addicted gamers quickly to their brands.
Simple game concept and unique development
Look at the majority of successful games like Angry Birds or Subway Surfers, and you will observe that their core concept is very much simple.
Do you know why most games over a period of time experience less and less engagement from old game players?
To address this boredom effects, you need to applaud each and every game playing achievement befittingly.
Iraq and South Korea among qualifiers for Olympic 2020 football qualification tournamenthttps://www.olympictickets2020.com/olympic-games-tickets/olympic-football-tickets/Japan, Iraq and South Korea are among the qualifiers to the Asian Football Confederation (AFC) Under-23 Championships, which will choose the continent’s councils at next year's Olympic 2020 Games in Tokyo.
Rocket League Mobile has finally been confirmed by Epic and Psyonix with the name Rocket League Sideswipe.
Rocket League Sideswipe is a brand new game that will bring many of the fun and core elements of the original game to mobile devices that have two-dimensional layout.
The vehicular soccer video game is a popular request from players for Android as well as iOS porting.
The team behind it all are finally ready to make the leap.
To discover more information on buyboosting, you must check out our website.