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Company research and development (R&D) investments for artificial intelligence (AI) 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

2,517 companies in 2023 and 2024

Method of interview

Face-to-face interview, online survey

Supplementary notes

*Estimate.

1,000 South Korean won equals 0.75 U.S. dollars or 0.67 euros as of September 2024. 

Respondent counts for previous years are as follows:
2018-2019: 496 companies
2020-2021: 1,915 companies
2022: 2,354 companies 

Citation formats

Company R&D investments for AI South Korea 2018-2024

Published by
Petroc Taylor,
May 8, 2025

In 2024, it was estimated that companies invested approximately **** trillion South Korean won into research and development (R&D) regarding artificial intelligence (AI) in South Korea. The three-year period from 2020 to 2022 saw a Compound Annual Growth Rate (CAGR) of about ** percent for such investments.

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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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Artificial intelligence (AI) in South KoreaSemiconductor industry in South KoreaCloud computing in South KoreaSmart homes in South KoreaGenerative artificial intelligence (AI) in South Korea
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For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
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