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[ Invest Seoul ] Seoul Industry Report - Content
Date: 2023-11-02

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Seoul's Contents Industry at a glance

EASTER EGG

  • E Early
  • A Adopter
  • S OSMU
  • T Trendleader
  • E Environment
  • R Relationship
  • E Empathy
  • G Global Digital Platform
  • G Genre Diversity
  • Webtoons

    the World's most wired nation 99.96%

    Usage of derivative works (2022) 58.5%

  • Video Contents

    streaming service market turnover

    2022 275.3 bn USD

    2027 476.7 bn USD

  • Movies

    7th in the World

    foreign citizens who experienced South Korean movies 67.7%

  • Games

    world's top 4 games market

    Seoul's share in South Korea's game industry turnover 42.2%

  • ntertainment

    7th in the World

    Seoul's share in South Korea's domestic music market 70.0%

Key trends
  • Global film industry eyes South Korean films that have widely resonating topics and portray the local culture
  • Planning & producing various genres of video content (Drama, Variety/Reality series) based on unique storytelling
  • Webtoon/Animation industry featuring portrait orientation and quickly paced plot creating synergy with other businesses with their unique intellectual properties (IP)
  • Developing 'games' with originality, sophisticated graphics and high usability
  • Discovering/developing human talents with unique characters and skills, and the nature of fans who actively participate in the culture make the South Korean 'entertainment industry competitive