The Internet in South Korea Today: 5 Quick Facts

October 02, 2018

South Korea is the place to be if you like a fast internet connection. They thrive on technology and provide their citizens with the best capabilities to access the internet. The average connection is 28.6 Mbit/s. While the government has made access and speed a priority, it helps that many in the country live in apartment buildings that make it easy to provide what we in the U.S. call the "last mile".

 

My home in the U.S. is approximately two miles from an internet box from my telecom company and the distance reduces my speed greatly compared to a home closer to an internet box.

 

Having a large percentage of the population living in apartment buildings allows for most people to be near a box and achieve high internet speed. In urban areas, the average speed is 100 Mbit/s. 1Gbit/s service is expanding rapidly and only costs $20 a month.

Here is a quick high-level look at what is happening in South Korea online:


1. Internet Penetration


Last year, Forbes reported from a government survey that 99.2% of the country's 19 million households had internet access. They equate this to 88.3% of the population over age three having internet access. For ages 10 to 60, the rate is over 90%.

 

2. Top Search Engines


A simple Google search on this topic will bring conflicting figures for which search engine holds the top spot in South Korea. I have found this to be the case for the past five years. I am not sure why the reports for this market are inconsistent with one another.

 

A very good article on this topic can be found online by The Egg: http://www.theegg.com/seo/korea/korean-search-engine-market-share-update-2017/. I agree with the article, which states that Naver is by far the leading search engine, followed by Daum in 2nd place and Google in 3rd place.

 

3. Mobile Usage


Koreans use their mobile phones more than any other country on a per use basis at about 200 minutes a day. Today 72% of children under the age of 12 have a smartphone, which is a similar percentage for adults. To reach the Korean consumers, expect to do so via their smartphone.

 

4. Ecommerce


While ecommerce is only 10% of the retail market in South Korea, it is a widely accepted method for consumers in the country to make purchases. Growth is expected as consumers build trust in ecommerce stores.

 

The leading ecommerce marketplaces in South Korea include:

 

 

5. Online Payments


According to eMarketer, 31.9% of smartphone users will use their phones to make in person payments this year in South Korea at stores, restaurants, etc. Helping this adoption was the introduction of Samsung Pay in 2015. It has become the leading payment application since that time.

 

For online payments, Samsung does not rule the roost. N Pay, a unit of the search engine company Naver is among the leaders along with Kakao Pay and Payco. Kakao Pay recently also became available for offline payments.

 

The volume of mobile payments doubled in the past year. Adoption is quick in South Korea.

Further Resources on Global Business

 

Globalization Partners International (GPI) has extensive experience localizing marketing materials, technical documents, and large, scalable websites. We have previously posted a number of useful guides for best practices in this area. Feel free to review our blogs that are particularly relevant:

 

 

Please feel free to contact GPI at info@globalizationpartners.com with any questions about our language and technology services. Also let us know if you have any interesting blog topics you would like us to cover in our future blogs. You may request a complimentary Translation Quote for your projects.

 

Sources:


https://en.wikipedia.org/wiki/Internet_in_South_Korea

https://www.forbes.com/sites/elaineramirez/2017/01/31/nearly-100-of-households-in-south-korea-now-have-internet-access-thanks-to-seniors/#2a374e835572

http://gs.statcounter.com/search-engine-market-share/all/south-korea

http://www.theegg.com/seo/korea/korean-search-engine-market-share-update-2017/

https://www.zdnet.com/article/korea-tops-survey-for-mobile-app-usage/

https://thediplomat.com/2017/12/south-koreas-smartphone-obsession/

http://seoulspace.com/2017/09/16/top-5-e-commerce-sites-in-south-korea/

https://www.thepaypers.com/payment-methods/republicofkorea/23

http://www.koreaherald.com/view.php?ud=20180403000679

Category:
Country Specific
Tags:
South Korea internet use, doing business in South Korea

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Peter has over 20 years’ experience in business development within the localization industry supporting clients for documentation, software and website globalization services. He started his career in the translation industry in 1995 and over the years has worked for several leading localization service providers including LMI, Berlitz, Welocalize, GPI and Beyondsoft. Throughout his career Peter has led by example and always put his clients’ needs first to ensure client expectations are understood and successfully met. Over the years Peter has trained extensively in Solution Selling, Action Selling and Localization Sales, Testing and Project Management. Peter handles many of GPI’s global accounts helping educate clients on GPI’s comprehensive suite of globalization services and industry best practices.