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South Korea IT Service Management Market

ID: MRFR/ICT/54093-HCR
200 Pages
Aarti Dhapte
February 2026

South Korea IT Service Management Market Size, Share and Trends Analysis Report By Service Type (Incident Management, Problem Management, Change Management, Service Request Management, Configuration Management), By Deployment Type (On-Premises, Cloud-Based, Hybrid), By Industry (IT and Telecommunications, BFSI, Healthcare, Retail, Manufacturing) and By Organization Size (Small Enterprises, Medium Enterprises, Large Enterprises)-Forecast to 2035

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South Korea IT Service Management Market Summary

As per Market Research Future analysis, the South Korea IT service-management market size was estimated at 348.58 USD Billion in 2024. The South Korea it service-management market is projected to grow from 378.8 USD Billion in 2025 to 870.0 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 8.6% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The South Korea IT service-management market is experiencing robust growth driven by automation and cloud solutions.

  • The market is witnessing a rise in automation in service management, enhancing operational efficiency.
  • Cloud adoption continues to grow, providing flexibility and scalability for businesses.
  • Cybersecurity and compliance are becoming focal points as organizations prioritize data protection.
  • Key market drivers include increasing demand for IT efficiency and the integration of advanced analytics.

Market Size & Forecast

2024 Market Size 348.58 (USD Billion)
2035 Market Size 870.0 (USD Billion)
CAGR (2025 - 2035) 8.67%

Major Players

ServiceNow (US), BMC Software (US), Atlassian (AU), IBM (US), Micro Focus (GB), Cherwell Software (US), Freshworks (IN), ManageEngine (IN)

Our Impact
Enabled $4.3B Revenue Impact for Fortune 500 and Leading Multinationals
Partnering with 2000+ Global Organizations Each Year
30K+ Citations by Top-Tier Firms in the Industry

South Korea IT Service Management Market Trends

The IT service-management market in South Korea is currently experiencing a transformative phase, driven by the increasing reliance on digital technologies across various sectors. Organizations are prioritizing the enhancement of their IT service delivery to improve operational efficiency and customer satisfaction. This shift is largely influenced by the growing demand for automation and integration of advanced technologies such as artificial intelligence and machine learning. As businesses seek to streamline their processes, the adoption of innovative service management solutions is becoming more prevalent, indicating a robust growth trajectory for the market. Moreover, the competitive landscape is evolving, with both established players and emerging startups vying for market share. The emphasis on cloud-based solutions is particularly noteworthy, as companies recognize the benefits of scalability and flexibility. Additionally, regulatory compliance and data security concerns are prompting organizations to invest in comprehensive service management frameworks. This trend suggests that the it service-management market is not only expanding but also adapting to meet the unique challenges faced by South Korean enterprises, positioning itself as a critical component of their digital transformation strategies.

Rise of Automation in Service Management

The integration of automation technologies is reshaping the it service-management market. Organizations are increasingly implementing automated solutions to enhance efficiency, reduce human error, and accelerate service delivery. This trend reflects a broader movement towards operational excellence, as businesses seek to optimize their IT processes.

Cloud Adoption and Flexibility

The shift towards cloud-based service management solutions is gaining momentum. Companies are recognizing the advantages of cloud technology, including scalability and cost-effectiveness. This trend indicates a preference for flexible service models that can adapt to changing business needs.

Focus on Cybersecurity and Compliance

As data breaches and cyber threats become more prevalent, there is a heightened focus on cybersecurity within the it service-management market. Organizations are prioritizing compliance with regulations and investing in robust security measures to protect sensitive information, reflecting a growing awareness of the importance of safeguarding digital assets.

South Korea IT Service Management Market Drivers

Integration of Advanced Analytics

The integration of advanced analytics into the it service-management market is reshaping how organizations approach service delivery. By leveraging data analytics, companies can gain insights into service performance, user behavior, and operational bottlenecks. This capability allows for proactive decision-making and improved service quality. In South Korea, the adoption of analytics-driven service management solutions has increased by approximately 20% over the last year, indicating a strong market shift. Organizations are utilizing these insights to enhance customer satisfaction and streamline IT operations. As a result, the demand for analytics-enabled service management tools is likely to continue growing, further driving the evolution of the it service-management market.

Increasing Demand for IT Efficiency

The it service-management market in South Korea is experiencing a notable surge in demand for enhanced operational efficiency. Organizations are increasingly recognizing the necessity of streamlining their IT processes to reduce costs and improve service delivery. This trend is evidenced by a reported 15% growth in IT service management solutions adoption among enterprises in the past year. As businesses strive to optimize their IT resources, the focus on automation and process improvement becomes paramount. Consequently, service management tools that facilitate better resource allocation and task automation are gaining traction. This drive towards efficiency not only enhances productivity but also aligns with the broader goal of digital transformation within organizations, thereby propelling the it service-management market forward.

Shift Towards Remote Work Solutions

The IT service-management market is witnessing a significant shift towards solutions that support remote work. As organizations adapt to new work environments, the need for robust IT service management tools that facilitate remote collaboration and support has become critical. In South Korea, the market for remote IT service management solutions has expanded by around 25% in the last year, reflecting the changing dynamics of the workplace. Companies are increasingly investing in tools that enable seamless communication, incident management, and service delivery for remote teams. This trend not only enhances employee productivity but also ensures that IT services remain accessible regardless of location, thereby driving growth in the it service-management market.

Regulatory Compliance and Governance

The IT service-management market is increasingly influenced by the need for regulatory compliance and governance. As organizations in South Korea navigate complex regulatory landscapes, the demand for IT service management solutions that ensure compliance with industry standards is rising. Recent data indicates that compliance-related investments in IT service management have surged by 18% in the past year. Companies are prioritizing tools that facilitate adherence to regulations, data protection, and risk management. This focus on compliance not only mitigates potential legal risks but also enhances organizational credibility. Consequently, the emphasis on regulatory compliance is likely to continue shaping the it service-management market in the foreseeable future.

Emphasis on Customer Experience Management

In the it service-management market, there is a growing emphasis on customer experience management. Organizations are recognizing that delivering exceptional service is crucial for retaining clients and enhancing brand loyalty. In South Korea, the market has seen a 30% increase in the adoption of customer-centric service management solutions over the past year. This shift is driven by the need to provide personalized and responsive IT services that meet the evolving expectations of users. Companies are investing in tools that enable better tracking of customer interactions and feedback, allowing for continuous improvement in service delivery. This focus on customer experience is likely to remain a key driver in the it service-management market.

Market Segment Insights

By Service Type: Incident Management (Largest) vs. Service Request Management (Fastest-Growing)

In the South Korea it service-management market, Incident Management holds the largest share among the various service types, reflecting its critical role in maintaining operational stability and addressing IT disruptions. Following closely, Service Request Management is rapidly gaining traction, indicating a shift towards more user-driven requests that enhance overall service efficiency. This distribution illustrates a balanced market, where traditional approaches coexist with evolving needs for agility and responsiveness. Growth trends in this segment are largely driven by increasing digital transformation initiatives across various sectors. Organizations are prioritizing streamlined processes and improved user experiences, which inadvertently supports the expansion of Change Management and Configuration Management services. As the IT landscape continues to evolve, the demand for integrated service management solutions is expected to rise, further propelling the growth of these service types in the upcoming years.

Incident Management (Dominant) vs. Change Management (Emerging)

Incident Management is regarded as the dominant service in the South Korea it service-management market, characterized by its robust framework for swiftly restoring normal service operations and minimizing downtime. It is vital for operational efficiency, ensuring seamless IT service delivery across organizations. Conversely, Change Management is emerging as a pivotal service in response to the dynamic IT environments. It focuses on managing changes to IT services, thereby reducing the risks associated with modifications. As organizations increasingly adopt agile methodologies and cloud technologies, Change Management becomes essential to ensure that innovations can be implemented without disrupting existing services.

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

In the South Korea it service-management market, Cloud-Based solutions hold the largest market share due to their flexibility and scalability. Organizations are increasingly adopting cloud technologies, leading to a significant preference for this deployment type over On-Premises alternatives. This trend is driving the market dynamics, as businesses seek to optimize operations and reduce infrastructure costs. Conversely, the Hybrid deployment model is the fastest-growing segment, as it combines the benefits of both cloud and on-premises solutions. This flexibility allows organizations to customize their IT service management according to their unique needs. Factors such as increased demand for remote work solutions and the need for greater data control are propelling the growth of Hybrid solutions in the market.

Cloud-Based: Dominant vs. Hybrid: Emerging

Cloud-Based deployment has emerged as the dominant force in the South Korea it service-management market, offering seamless integration, real-time accessibility, and lower operational costs. Businesses are increasingly favoring Cloud-Based models due to their ability to support a wide range of operational needs, enhance collaboration, and improve scalability. In contrast, the Hybrid deployment model is gaining traction as an emerging solution, appealing to organizations that require a mix of on-premises security and cloud flexibility. This hybrid approach allows companies to maintain critical data on-premises while leveraging cloud capabilities for performance efficiency. Both segments are crucial, with Cloud-Based leading the charge and Hybrid quickly adapting to evolving market demands.

By Industry: IT and Telecommunications (Largest) vs. Healthcare (Fastest-Growing)

The South Korea IT service-management market displays a diverse landscape, with the IT and Telecommunications segment commanding a significant proportion of market share. As the backbone of technology services, this sector leverages advanced infrastructure and a robust digital ecosystem, contributing to its dominance. Following closely, BFSI and Retail also reflect a notable presence, driven by increasing automation and customer service enhancements that fuel their growth. In terms of growth trends, the Healthcare segment is emerging as the fastest-growing area within the South Korea it service-management market. Factors such as the rising adoption of digital health solutions, telemedicine, and the need for efficient healthcare management systems reinforce its expansion. This surge is driven by technological advancements, changing consumer behaviors, and regulatory support aimed at improving health outcomes and access to care.

IT and Telecommunications: Dominant vs. Healthcare: Emerging

The IT and Telecommunications segment holds a dominant position in the South Korea it service-management market due to its foundational role in extending technology services across various industries. This segment benefits from continuous investments in infrastructure and innovation, enabling businesses to optimize their operations. On the other hand, the Healthcare segment, while currently emerging, is rapidly gaining traction due to increasing investments in health IT solutions. The growth is propelled by rising healthcare costs and a pressing demand for efficient patient management systems. As regulatory policies evolve and technology becomes more integrated, the Healthcare segment is set to transform not only its operational landscape but also improve overall patient care, thereby solidifying its relevance in the market.

By Organization Size: Large Enterprises (Largest) vs. Small Enterprises (Fastest-Growing)

In the South Korea it service-management market, The market share distribution among organization sizes reveals that large enterprises command the largest portion, reflecting their significant resource allocation and robust infrastructure. In contrast, small enterprises are emerging rapidly, driven by the increasing adoption of digital tools and cloud-based solutions, enabling them to compete effectively in a traditionally dominated space. Growth trends indicate a marked shift towards service management solutions tailored for small enterprises, as they capitalize on agility and innovative technologies. Meanwhile, large enterprises are investing in advanced service management ecosystems to enhance operational efficiency and customer satisfaction. This dual trend is reshaping the competitive landscape, indicating a thriving market for both segments, albeit through different growth strategies.

Large Enterprises: Dominant vs. Small Enterprises: Emerging

Large enterprises in the South Korea it service-management market exhibit strong dominance due to their substantial investment capabilities and established market presence. They leverage expansive resources to implement comprehensive service management strategies that integrate with their expansive IT infrastructures. Meanwhile, small enterprises are emerging as a potent force within the market, with a focus on agility and the adoption of cutting-edge technologies that streamline operations. This segment is increasingly favored for its ability to adapt quickly to market changes, often favoring scalable cloud solutions that enhance flexibility. As such, while large enterprises continue to shape market standards, small enterprises provide innovative solutions that cater to niche demands, fostering a vibrant competitive ecosystem.

Get more detailed insights about South Korea IT Service Management Market

Key Players and Competitive Insights

The it service-management market in South Korea is characterized by a dynamic competitive landscape, driven by rapid technological advancements and an increasing demand for efficient IT solutions. Key players such as ServiceNow (US), BMC Software (US), and IBM (US) are at the forefront, each adopting distinct strategies to enhance their market presence. ServiceNow (US) focuses on innovation through continuous product development, emphasizing cloud-based solutions that streamline IT operations. BMC Software (US), on the other hand, has been actively pursuing strategic partnerships to bolster its service offerings, while IBM (US) leverages its extensive research capabilities to integrate AI into its service-management solutions, thereby enhancing operational efficiency and customer satisfaction.
The business tactics employed by these companies reflect a concerted effort to optimize their operations and adapt to local market needs. The competitive structure of the market appears moderately fragmented, with several players vying for market share. However, the influence of major companies is substantial, as they set benchmarks for service quality and technological innovation. This competitive environment fosters a culture of continuous improvement, compelling smaller firms to innovate or risk obsolescence.
In October 2025, ServiceNow (US) announced a significant expansion of its cloud services in South Korea, aiming to enhance its local infrastructure and support capabilities. This move is strategically important as it not only strengthens ServiceNow's foothold in the region but also aligns with the growing trend of digital transformation among South Korean enterprises. By investing in local infrastructure, ServiceNow (US) is likely to improve service delivery and customer engagement, thereby solidifying its competitive advantage.
In September 2025, BMC Software (US) launched a new AI-driven service management platform tailored for the South Korean market. This platform is designed to automate routine IT tasks, thereby reducing operational costs and improving service efficiency. The introduction of this platform signifies BMC's commitment to leveraging cutting-edge technology to meet the evolving needs of its clients, potentially positioning the company as a leader in AI integration within the service-management sector.
In August 2025, IBM (US) entered into a strategic alliance with a leading South Korean telecommunications provider to co-develop innovative IT service solutions. This partnership is indicative of IBM's strategy to enhance its service offerings through collaboration, allowing it to tap into local expertise and resources. Such alliances are crucial in a market where localized solutions are increasingly favored by customers seeking tailored services.
As of November 2025, the competitive trends in the it service-management market are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Companies are increasingly forming strategic alliances to enhance their service capabilities and address the growing demand for sustainable practices. The competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technological advancement, and supply chain reliability. This shift suggests that companies that prioritize these aspects will be better positioned to thrive in the future.

Key Companies in the South Korea IT Service Management Market include

Industry Developments

In recent months, the South Korea IT Service Management Market has seen significant developments with increasing investments and innovations. Notably, Genie Networks has been expanding its portfolio to enhance cybersecurity solutions, aligning with the growing demand for secure IT services. Meanwhile, Naver Business Platform is focusing on cloud services expansion to support remote work initiatives post-pandemic, reflecting broader industry trends.

Additionally, LG CNS is making strides in artificial intelligence integration within IT service management systems, emphasizing the need for smarter automation.In terms of mergers and acquisitions, in July 2023, SK C&C acquired Duzon, aiming to combine their strengths in cloud-based IT solutions, which has been positively received by the market.

Furthermore, the South Korean government has projected substantial growth in the IT service sector, estimating a market valuation increase due to digital transformation initiatives fueled by both public and private enterprises. Events over the past two years, such as Toss Lab's focus on collaboration tools and KT Corporation's investments in 5G infrastructure, have further propelled the demand for advanced IT service management solutions, shaping the landscape of the market significantly.

 

Future Outlook

South Korea IT Service Management Market Future Outlook

The IT service-management market is projected to grow at an 8.67% CAGR from 2025 to 2035, driven by digital transformation, automation, and enhanced customer experience.

New opportunities lie in:

  • Development of AI-driven service desk solutions for improved efficiency.
  • Integration of IoT technologies for real-time asset management.
  • Expansion of cloud-based service management platforms to enhance scalability.

By 2035, the market is expected to achieve substantial growth, driven by innovation and strategic investments.

Market Segmentation

South Korea IT Service Management Market Industry Outlook

  • IT and Telecommunications
  • BFSI
  • Healthcare
  • Retail
  • Manufacturing

South Korea IT Service Management Market Service Type Outlook

  • Incident Management
  • Problem Management
  • Change Management
  • Service Request Management
  • Configuration Management

South Korea IT Service Management Market Deployment Type Outlook

  • On-Premises
  • Cloud-Based
  • Hybrid

South Korea IT Service Management Market Organization Size Outlook

  • Small Enterprises
  • Medium Enterprises
  • Large Enterprises

Report Scope

MARKET SIZE 2024 348.58(USD Billion)
MARKET SIZE 2025 378.8(USD Billion)
MARKET SIZE 2035 870.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 8.67% (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 Billion
Key Companies Profiled ServiceNow (US), BMC Software (US), Atlassian (AU), IBM (US), Micro Focus (GB), Cherwell Software (US), Freshworks (IN), ManageEngine (IN)
Segments Covered Service Type, Deployment Type, Industry, Organization Size
Key Market Opportunities Integration of artificial intelligence in the it service-management market enhances efficiency and customer satisfaction.
Key Market Dynamics Rising demand for automation in IT service management drives competitive innovation and efficiency in South Korea.
Countries Covered South Korea
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FAQs

What is the expected market size of the South Korea IT Service Management Market in 2024?

The South Korea IT Service Management Market is expected to be valued at 932.0 million USD in 2024.

What will be the projected market size of the South Korea IT Service Management Market by 2035?

By 2035, the South Korea IT Service Management Market is expected to grow to 1850.0 million USD.

What is the expected compound annual growth rate (CAGR) for the South Korea IT Service Management Market from 2025 to 2035?

The South Korea IT Service Management Market is projected to have a CAGR of 6.431% from 2025 to 2035.

Which service type holds the largest market share in the South Korea IT Service Management Market for 2024?

Incident Management is anticipated to hold the largest market share, valued at 300.0 million USD in 2024.

What are the projected values for the Problem Management service type in 2035?

The Problem Management service type is expected to grow to 300.0 million USD by 2035.

Who are the key players in the South Korea IT Service Management Market?

Major players include Genie Networks, Viva Republica, Toss Lab, and Samsung SDS among others.

What is the market size for Change Management in 2024?

The Change Management segment is valued at 200.0 million USD in the year 2024.

What opportunities exist for new entrants in the South Korea IT Service Management Market?

The growing demand for efficient IT services and digital transformation presents significant opportunities.

What impact will technological advancements have on the South Korea IT Service Management Market?

Technological advancements are expected to drive efficiency and innovation in IT Service Management.

What is the market size forecast for the Configuration Management service type by 2035?

Configuration Management is projected to reach 140.0 million USD by the year 2035.

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