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Digital Contents
Digital Contents Industry in Korea
A variety of Korean content such as music, movies, soap operas, webtoons, and etc. is all loved worldwide and leading global contents market as well.
Ranked 7th place in the global cultural content market
The Korean cultural content market ranked 7th place worldwide with a size of $79.1 billion (forecast for 2023)and is expected to grow at a CAGR of 4.26% until 2026. (*CAGR: Compound annual growth rate)
Content market size and forecast by country, 2021-2024
(Unit: billion dollars)
| Rank | Nation | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| 1 | USA | 9,798 | 10,573 | 11,120 | 11,588 |
| 2 | China | 4,461 | 4,387 | 5,209 | 5,566 |
| 3 | Japan | 2,082 | 2,175 | 2,238 | 2,297 |
| 4 | UK | 961 | 1,026 | 1,091 | 1,140 |
| 5 | Germany | 1,130 | 1,209 | 1,272 | 1,316 |
| 6 | France | 773 | 834 | 871 | 903 |
| 7 | Korea | 702 | 753 | 791 | 819 |
| 8 | Canada | 662 | 721 | 763 | 798 |
| 9 | Italy | 438 | 476 | 499 | 517 |
| 10 | Ausralia | 422 | 457 | 482 | 502 |
※ Source : KOCCA, 2022 Overseas content market analysis
Content Industry of Korea
In 2021, the number of employees in the content industry decreased by 4.3& from the previous year, but the number of exports and sales of the content industry increased by each 4.4% and 7.2% compared to the previous year. It shows that Korean content industry as a whole is growing.
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- 음악 31.3%
- 출판 31.3%
- 게임 10.1%
- 지식정보 9.3%
- 기타 18%
| 구분 | 수출액 | 수입액 |
|---|---|---|
| 음악 | 775,274 | 14,031 |
| 출판 | 428,379 | 317,939 |
| 게임 | 8,672,865 | 312,331 |
| 지식정보 | 660,850 | 9,314 |
※ Source : Ministry of Culture, Sports and Tourism
Seoul's Digital Content Festival
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- Metaverse Expo
- SICAF
- Seoul PopCon
- Seoul Promotion Plan
- 2023 SeoulCon
- Event : SeoulCon stands for Seoul Contents Conference and is a Global Influencer Festival
- Host : Seoul Business Agency(SBA)
- Details : A large number of influencers such as famous global YouTubers and Tik Tokers are invited to promote Seoul's beauty fashion industry based on DDP, and lively deliver it to citizens around the world.
- Schedule : Dec. 30, 2023 ~ Jan. 1, 2024 (expected)
