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South Korea Cloud Video Streaming Market

ID: MRFR/ICT/60384-HCR
200 Pages
Aarti Dhapte
February 2026

South Korea Cloud Video Streaming Market Size, Share and Trends Analysis Report By Components (Media Players, Service, Streaming Type, Cloud Deployment, Vertical), By Media Players (JW Player, Adobe Flash Player, Adobe Air, IOS Media Player), By Service (Professional Services, Managed Services), By Streaming Type (Live Streaming, Video on Demand, Video Hosting), By Cloud Deployment (Public Cloud, Private Cloud, Hybrid Cloud), and By Vertical (Media and Entertainment, BFSI, Education, Healthcare, Government)- Forecast to 2035

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South Korea Cloud Video Streaming Market Infographic
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South Korea Cloud Video Streaming Market Summary

As per Market Research Future analysis, the South Korea cloud video-streaming market was estimated at 139.47 USD Million in 2024. The South Korea cloud video-streaming market is projected to grow from 164.26 USD Million in 2025 to 843.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 17.7% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The South Korea cloud video-streaming market is experiencing robust growth driven by technological advancements and changing consumer preferences.

  • Mobile streaming continues to rise, reflecting a shift in consumer behavior towards on-the-go content consumption.
  • Localized content offerings are becoming increasingly prevalent, catering to the diverse tastes of South Korean audiences.
  • The integration of interactive features is enhancing user engagement, making streaming experiences more immersive and personalized.
  • Key market drivers include increasing internet penetration and rising demand for original content, which are fueling market expansion.

Market Size & Forecast

2024 Market Size 139.47 (USD Million)
2035 Market Size 843.0 (USD Million)
CAGR (2025 - 2035) 17.77%

Major Players

Amazon (US), Netflix (US), Google (US), Apple (US), Microsoft (US), Disney (US), Hulu (US), Tencent (CN), iQIYI (CN)

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South Korea Cloud Video Streaming Market Trends

The cloud video-streaming market in South Korea is experiencing notable growth, driven by increasing internet penetration and the rising popularity of mobile devices. As consumers seek convenient access to diverse content, platforms are adapting to meet these demands. The proliferation of high-speed internet has facilitated seamless streaming experiences, allowing users to enjoy high-definition content without interruptions. Furthermore, the cultural inclination towards digital entertainment is fostering a competitive landscape among service providers, each striving to capture a larger share of the audience. This dynamic environment encourages innovation and the introduction of new features, enhancing user engagement and satisfaction. In addition, the cloud video-streaming market is witnessing a shift towards localized content, as providers recognize the importance of catering to regional preferences. This trend is likely to strengthen the connection between consumers and platforms, as tailored offerings resonate more deeply with audiences. Moreover, partnerships between content creators and streaming services are becoming increasingly common, enabling the production of exclusive content that attracts subscribers. Overall, the cloud video-streaming market is poised for continued expansion, with evolving consumer preferences and technological advancements shaping its future.

Rise of Mobile Streaming

The cloud video-streaming market is seeing a significant increase in mobile streaming usage. With the widespread adoption of smartphones and tablets, consumers are increasingly accessing content on-the-go. This trend suggests that service providers must optimize their platforms for mobile devices to enhance user experience and engagement.

Localized Content Offerings

There is a growing emphasis on localized content within the cloud video-streaming market. Providers are recognizing the need to cater to regional tastes and preferences, which may lead to the production of more culturally relevant programming. This approach could strengthen viewer loyalty and attract a broader audience.

Integration of Interactive Features

The cloud video-streaming market is likely to incorporate more interactive features, such as live chats and viewer polls. This trend indicates a shift towards creating a more engaging viewing experience, allowing audiences to participate actively in content consumption. Such innovations may enhance user satisfaction and retention.

South Korea Cloud Video Streaming Market Drivers

Adoption of Smart Devices

The proliferation of smart devices in South Korea is significantly impacting the cloud video-streaming market. With over 80% of the population owning smartphones and smart TVs, consumers are increasingly accessing streaming services through these devices. This trend is expected to continue, as smart devices become more affordable and feature-rich. The convenience of accessing content on various screens enhances user experience and encourages higher consumption rates. Moreover, the integration of streaming applications into smart TVs simplifies the viewing process, making it more appealing for users. Thus, the cloud video-streaming market is likely to benefit from this growing adoption of smart technology.

Increasing Internet Penetration

The cloud video-streaming market in South Korea is experiencing a notable boost due to the increasing penetration of high-speed internet services. As of November 2025, approximately 95% of households have access to broadband internet, which facilitates seamless streaming experiences. This widespread connectivity allows consumers to access a variety of content on-demand, thereby driving subscription rates for streaming services. The availability of 5G technology further enhances this trend, providing faster download speeds and lower latency. Consequently, the cloud video-streaming market is likely to see a surge in user engagement and content consumption, as consumers are more inclined to utilize streaming platforms for entertainment and information.

Rising Demand for Original Content

The cloud video-streaming market is witnessing a significant shift towards original content production. South Korean consumers are increasingly seeking unique and locally produced shows and films, which has led to a surge in investments by streaming platforms. In 2025, it is estimated that spending on original content in South Korea will reach approximately $1 billion, reflecting a 30% increase from previous years. This trend not only caters to local tastes but also positions South Korean content on the global stage, attracting international audiences. As a result, the cloud video-streaming market is likely to expand, driven by the demand for diverse and high-quality content offerings.

Shift Towards Subscription-Based Models

The cloud video-streaming market is experiencing a notable shift towards subscription-based revenue models. As of November 2025, subscription services account for approximately 70% of the total revenue generated in the market. This trend is driven by consumer preferences for ad-free viewing experiences and the convenience of accessing a vast library of content for a fixed monthly fee. Additionally, the rise of bundled services, where consumers can access multiple platforms under one subscription, further enhances this model's appeal. Consequently, the cloud video-streaming market is likely to see sustained growth as more consumers opt for subscription services over traditional pay-per-view options.

Enhanced User Experience through Technology

Technological advancements are playing a crucial role in shaping the cloud video-streaming market. Innovations such as artificial intelligence and machine learning are being utilized to enhance user experience through personalized content recommendations. As of November 2025, approximately 60% of streaming platforms in South Korea are employing these technologies to analyze viewing habits and preferences. This tailored approach not only increases user satisfaction but also encourages longer viewing times and higher engagement rates. Furthermore, improvements in streaming quality, such as 4K and HDR content, are attracting consumers who seek superior viewing experiences. Thus, the cloud video-streaming market is likely to thrive as technology continues to evolve.

Market Segment Insights

By Components: Media Players (Largest) vs. Services (Fastest-Growing)

In the South Korea cloud video-streaming market, Media Players dominate the Components segment, holding a significant share relative to Services. This indicates a strong preference among consumers for robust media playback solutions, which are integral to the viewing experience. Conversely, Services are experiencing rapid growth, signaling a shift in consumer consumption patterns as users increasingly favor subscription-based models and on-demand content delivery. The growth trends for these segments are influenced by several factors, with Media Players benefitting from ongoing technological advancements in streaming quality and user interface design. Meanwhile, Services are rapidly gaining traction due to the proliferation of diverse content offerings and enhanced accessibilities, such as mobile viewing solutions. This dual dynamic of established dominance versus emerging growth exemplifies the evolving landscape of entertainment consumption in South Korea.

Media Players: Dominant vs. Services: Emerging

Media Players represent the cornerstone of the South Korea cloud video-streaming market, offering users a wide variety of playback devices and platforms optimized for seamless video experiences. These devices often include smart TVs and set-top boxes that support high-definition streaming and advanced connectivity features. In contrast, Services are emerging as a critical element of the market, driven by the rise of popular streaming platforms that provide users with instant access to expansive content libraries. As consumer preference shifts towards subscription-based models, Services are increasingly appealing, particularly among younger segments of the population who prioritize convenience and diverse content options. The interplay between these two Components underscores the transformative trends influencing entertainment consumption.

By Streaming Type: Video on Demand (Largest) vs. Live Streaming (Fastest-Growing)

The South Korea cloud video-streaming market exhibits distinct market share distribution, with Video on Demand leading significantly. This segment captures a substantial share due to its flexibility and convenience, appealing to a broad audience. Live Streaming, while currently smaller, is rapidly gaining traction, reflecting changing consumer preferences towards real-time content consumption. Growth trends indicate a robust increase in Live Streaming, driven by enhanced internet infrastructure and the popularity of social media platforms. The consumer shift towards interactive and immediate entertainment is influencing this segment's expansion. Meanwhile, Video on Demand continues to thrive, backed by diverse content libraries and subscription models that cater to varying viewer needs.

Video on Demand: Dominant vs. Live Streaming: Emerging

Video on Demand is firmly established as the dominant force in the South Korea cloud video-streaming market, providing users with the freedom to watch content at their convenience. This segment capitalizes on the growing demand for binge-watching and offers extensive libraries across various genres. In contrast, Live Streaming represents an emerging trend, characterized by real-time interactions and events. Influenced by gaming and live broadcasts, this segment is captivating a younger demographic that values immediacy and engagement. Both segments are poised for continued growth, reflecting changing viewing habits and technological advancements.

By Cloud Deployment: Public Cloud (Largest) vs. Hybrid Cloud (Fastest-Growing)

In the South Korea cloud video-streaming market, the current distribution of cloud deployment types reveals that Public Cloud holds the largest share, significantly favored by content providers due to its scalability and cost-effectiveness. Private Cloud also maintains a stable presence, serving enterprise clients with specific compliance and security needs, while Hybrid Cloud is rapidly gaining traction as businesses seek flexibility, blending both public and private advantages. Growth trends indicate a shift towards Hybrid Cloud solutions, driven by increasing demand for data security, regulatory compliance, and the need for customizable streaming experiences. Additionally, advancements in cloud technology and the rising trend of remote access are propelling the uptake of Hybrid Cloud deployments, making them a preferred choice for many streaming services aiming for a competitive edge in user experience.

Public Cloud (Dominant) vs. Hybrid Cloud (Emerging)

Public Cloud is the dominant force in the market, appealing to a wide range of users with its accessible pricing and extensive resource availability, making it ideal for both startups and established firms. It supports scalability, allowing companies to expand their service offerings without the limitations of physical infrastructure. In contrast, Hybrid Cloud represents an emerging trend, tailored for organizations requiring flexibility and enhanced security. It allows businesses to manage sensitive data on private servers while leveraging the public cloud for broader distribution, thus catering to diverse operational needs in the dynamic landscape of video-streaming.

By Vertical: Media and Entertainment (Largest) vs. Education (Fastest-Growing)

The South Korea cloud video-streaming market exhibits a diverse distribution of market share among various vertical segments. Media and Entertainment remains the largest component, driven by an increasing demand for digital content and streaming services. Meanwhile, the BFSI, Healthcare, and Government sectors are also notable, although they represent a smaller share compared to Media and Entertainment. The Others segment contributes to the overall diversity of the market, accommodating niche players and specialized services. In terms of growth trends, the Education sector presents itself as the fastest-growing segment, propelled by the rising adoption of online learning platforms and digital education tools. The ongoing digital transformation across various industries further enhances the relevance of cloud video streaming services. Additionally, the COVID-19 pandemic has accelerated the shift towards remote and hybrid learning environments, significantly boosting demand for video content in educational institutions.

Media and Entertainment (Dominant) vs. Education (Emerging)

Media and Entertainment serves as the dominant vertical in the South Korea cloud video-streaming market, characterized by a robust infrastructure and a wide array of content offerings. This segment benefits from well-established players and a rich ecosystem that includes film studios, content creators, and broadcasters. Conversely, the Education vertical is emerging rapidly, shaped by technological advancements and a shift towards more interactive and engaging learning methodologies. The growing prevalence of e-learning platforms signifies a transitional phase where traditional educational methods blend with innovative online approaches. These segments not only showcase distinct characteristics but also have the potential to redefine content delivery and consumer engagement in their respective domains.

Get more detailed insights about South Korea Cloud Video Streaming Market

Key Players and Competitive Insights

The cloud video-streaming market in South Korea is characterized by intense competition and rapid growth, driven by increasing consumer demand for diverse content and high-quality viewing experiences. Major players such as Amazon (US), Netflix (US), and Google (US) are strategically positioned to leverage their technological capabilities and extensive content libraries. Amazon (US) focuses on enhancing its Prime Video service through exclusive content and partnerships, while Netflix (US) continues to invest heavily in original programming tailored to local tastes. Google (US), through YouTube, emphasizes user-generated content and innovative advertising solutions, thereby diversifying its revenue streams. Collectively, these strategies contribute to a dynamic competitive environment, where innovation and content differentiation are paramount.In terms of business tactics, companies are increasingly localizing their offerings to cater to South Korean audiences, which involves not only content localization but also optimizing user interfaces and payment systems. The market structure appears moderately fragmented, with a mix of The cloud video-streaming market share. This fragmentation allows for a variety of content offerings, yet the influence of key players remains substantial, as they set trends and standards that smaller competitors often follow.

In October Netflix (US) announced a partnership with a leading South Korean production company to co-create a series aimed at the domestic market. This strategic move underscores Netflix's commitment to local content, which is crucial for maintaining subscriber growth in a competitive landscape. By aligning with local creators, Netflix not only enhances its content library but also strengthens its brand presence in South Korea, potentially increasing viewer engagement and retention.

In September Amazon (US) expanded its Prime Video service by launching a new feature that allows users to access exclusive live sports events. This initiative is significant as it positions Amazon as a formidable competitor in the live sports streaming segment, which has been gaining traction among consumers. By diversifying its content offerings, Amazon aims to attract a broader audience, thereby enhancing its market share in the region.

In August Google (US) introduced a new subscription model for YouTube Premium that includes exclusive access to original series produced in collaboration with South Korean creators. This strategic action reflects Google's intent to deepen its engagement with local audiences while also tapping into the growing trend of premium content consumption. By offering unique content, Google seeks to differentiate itself from competitors and solidify its position in the market.

As of November current trends in the cloud video-streaming market include a pronounced shift towards digitalization, with companies increasingly integrating AI technologies to enhance user experiences and content recommendations. Strategic alliances are becoming more prevalent, as firms recognize the value of collaboration in content creation and distribution. Looking ahead, competitive differentiation is likely to evolve, with a greater emphasis on innovation and technology rather than solely on pricing strategies. Companies that can effectively leverage their technological capabilities and foster strong partnerships will likely emerge as leaders in this rapidly changing landscape.

Key Companies in the South Korea Cloud Video Streaming Market include

Industry Developments

Driven by tvN and JTBC originals and live content delivered through its cloud-native infrastructure, Tving led new subscriber growth in June 2024 in South Korea's rapidly growing SVOD market, adding over 700,000 subscribers in H1 and reaching roughly 4.2 million total subscribers by mid-2024.While local OTT giants like Tving and Disney+ were quickly catching up, Netflix Korea maintained its lead by scooping about 29% of new premium video subscriptions in Q3 2023, with 6.5 million users and 35% of premium viewership.

Throughout 2023–2024, Watcha improved its content recommendation engine by utilizing AI-driven personalization, establishing itself as a formidable regional rival in the cloud-based streaming market.With tailored Korean-language interfaces and unique content investments, Amazon Prime Video and Disney+ maintained their regional expansion while leveraging backbone infrastructure powered by AWS. By collaborating with regional telecoms and platforms, iQIYI expanded its Korean audience in 2023 and began providing a selection of Chinese and Korean TV streams.

When taken as a whole, these developments show how Netflix, Tving, Watcha, Disney+, and Prime Video are boosting subscription growth through competitive infrastructure deployments catered to Korean viewer demand, scalable cloud delivery, significant investments in local original content, and personalization technology.

Future Outlook

South Korea Cloud Video Streaming Market Future Outlook

The Cloud Video Streaming Market in South Korea is projected to grow at a 17.77% CAGR from 2025 to 2035, driven by increasing internet penetration, mobile device usage, and demand for on-demand content.

New opportunities lie in:

  • Development of localized content production studios to cater to regional preferences.
  • Partnerships with telecom providers for bundled streaming services.
  • Implementation of AI-driven recommendation systems to enhance user engagement.

By 2035, the market is expected to be robust, driven by innovation and strategic partnerships.

Market Segmentation

South Korea Cloud Video Streaming Market Vertical Outlook

  • Media and Entertainment
  • BFSI
  • Education
  • Healthcare
  • Government
  • Others

South Korea Cloud Video Streaming Market Components Outlook

  • Media Players
  • Services

South Korea Cloud Video Streaming Market Streaming Type Outlook

  • Live Streaming
  • Video on Demand
  • Video Hosting

South Korea Cloud Video Streaming Market Cloud Deployment Outlook

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

Report Scope

MARKET SIZE 2024 139.47(USD Million)
MARKET SIZE 2025 164.26(USD Million)
MARKET SIZE 2035 843.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 17.77% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Amazon (US), Netflix (US), Google (US), Apple (US), Microsoft (US), Disney (US), Hulu (US), Tencent (CN), iQIYI (CN)
Segments Covered Components, Streaming Type, Cloud Deployment, Vertical
Key Market Opportunities Integration of advanced AI-driven content personalization enhances user engagement in the cloud video-streaming market.
Key Market Dynamics Intensifying competition drives innovation and consumer choice in the cloud video-streaming market.
Countries Covered South Korea
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FAQs

What is the expected market size of the South Korea Cloud Video Streaming Market in 2024?

The South Korea Cloud Video Streaming Market is expected to be valued at 244.0 million USD in 2024.

What is the projected market size for the South Korea Cloud Video Streaming Market by 2035?

By 2035, the South Korea Cloud Video Streaming Market is anticipated to reach a value of 1454.0 million USD.

What is the expected compound annual growth rate (CAGR) for the South Korea Cloud Video Streaming Market from 2025 to 2035?

The expected CAGR for the South Korea Cloud Video Streaming Market from 2025 to 2035 is 17.617%.

Which key players are prominent in the South Korea Cloud Video Streaming Market?

Some of the major players in the South Korea Cloud Video Streaming Market include Naver, Apple TV+, Amazon Prime Video, Viki, Bugs, Disney+, and Netflix, among others.

What is the market size for Media Players in the South Korea Cloud Video Streaming Market in 2024?

The Media Players segment in the South Korea Cloud Video Streaming Market is valued at 40.0 million USD in 2024.

How much is the Service component of the South Korea Cloud Video Streaming Market expected to be worth by 2035?

The Service component is projected to reach 480.0 million USD by 2035.

What is the market value for Streaming Type in the South Korea Cloud Video Streaming Market in 2024?

The market value for Streaming Type in the South Korea Cloud Video Streaming Market is 60.0 million USD in 2024.

How much is the Cloud Deployment segment expected to grow by 2035?

The Cloud Deployment segment is expected to grow to 180.0 million USD by 2035.

What is the projected market size for the Vertical segment in 2024?

The Vertical segment of the South Korea Cloud Video Streaming Market is valued at 34.0 million USD in 2024.

What are the growth drivers for the South Korea Cloud Video Streaming Market from 2025 to 2035?

Key growth drivers include increasing internet penetration, rising consumer demand for on-demand content, and advancements in streaming technologies.

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