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Sales revenue of artificial intelligence (AI) companies in South Korea from 2018 to 2024 (in billion South Korean won)

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Sources

Release date

April 2025

Region

South Korea

Survey time period

2018 to 2024

Number of respondents

2,052 companies in 2024

Special properties

including 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 0.72 U.S. dollars or 0.64 euros as of May 2025.

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
2023: 2,009 companies 

Citation formats

Revenue of artificial intelligence companies South Korea 2018-2024

Published by
Petroc Taylor,
May 8, 2025

In 2024, it was estimated that artificial intelligence (AI) companies in South Korea achieved a total sales revenue of over *** trillion South Korean won. Although the number of surveyed domestic AI companies had increased, revenue growth was nevertheless significant.

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Overview

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Business segments

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AI development

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Private sector

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Public sector

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Consumers

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