The online advertising market in South Korea is expected to reach a projected revenue of US$ 27,230.6 million by 2030. A compound annual growth rate of 18.4% is expected of South Korea online advertising market from 2025 to 2030.
The South Korea online advertising market generated a revenue of USD 9,986.7 million in 2024 and is expected to reach USD 27,230.6 million by 2030.
The South Korea market is expected to grow at a CAGR of 18.4% from 2025 to 2030.
In terms of segment, video advertising was the largest revenue generating type in 2024.
Full-Screen Interstitials is the most lucrative type segment registering the fastest growth during the forecast period.
Online advertising market data book summary
Market revenue in 2024
USD 9,986.7 million
Market revenue in 2030
USD 27,230.6 million
Growth rate
18.4% (CAGR from 2025 to 2030)
Largest segment
Video advertising
Fastest growing segment
Full-Screen Interstitials
Historical data
2018 - 2023
Base year
2024
Forecast period
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Native Advertising, Video Advertising, Display Advertising, Full-Screen Interstitials
Key market players worldwide
Alphabet Inc Class A, Meta Platforms Inc Class A, Microsoft Corp, Amazon.com Inc, X (formerly Twitter), Tencent Holdings Ltd, Adobe Inc, AOL, Verizon Communications Inc, Baidu Inc ADR
Other key industry trends
In terms of revenue, South Korea accounted for 3.4% of the global online advertising market in 2024.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China online advertising market is projected to lead the regional market in terms of revenue in 2030.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 49,533.8 million by 2030.
South Korea has a tech-savvy population, making online advertising an essential tool for businesses to connect with consumers. Social media platforms such as Kakao Talk, Naver, and Instagram is immensely popular among advertisers. Companies often utilize sponsored content, display ads, and video advertising on these platforms to effectively engage with their target audience.
For instance, Kakao Talk, a widely used messaging app in South Korea, provides a platform for businesses to reach users through targeted messages and advertisements. The online advertising market has experienced a positive impact from the global popularity of K-pop, as the genre's influence extends beyond the music industry.
Brands often collaborate with K-pop groups and idols, utilizing their immense social media presence and influence to enhance brand visibility and connect with fans, thereby contributing to the growth and success of the online advertising market.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Online Advertising Market will help companies and investors design strategic landscapes.
Video Advertising was the largest segment with a revenue share of 42.36% in 2024.
Horizon Databook has segmented the South Korea online advertising market based on native advertising, video advertising, display advertising, full-screen interstitials covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea has a tech-savvy population, making online advertising an essential tool for businesses to connect with consumers. Social media platforms such as Kakao Talk, Naver, and Instagram is immensely popular among advertisers. Companies often utilize sponsored content, display ads, and video advertising on these platforms to effectively engage with their target audience.
For instance, Kakao Talk, a widely used messaging app in South Korea, provides a platform for businesses to reach users through targeted messages and advertisements. The online advertising market has experienced a positive impact from the global popularity of K-pop, as the genre's influence extends beyond the music industry.
Brands often collaborate with K-pop groups and idols, utilizing their immense social media presence and influence to enhance brand visibility and connect with fans, thereby contributing to the growth and success of the online advertising market.
South Korea Online Advertising Market Type Outlook (Revenue, USD Million , 2021-2033)
Native Advertising
Video Advertising
Display Advertising
Full-Screen Interstitials
Search Advertising
Other Type
South Korea Online Advertising Market Platform Outlook (Revenue, USD Million , 2021-2033)
Mobiles
Laptops, Desktops & Tablets
Other Platform
South Korea Online Advertising Market Pricing Model Outlook (Revenue, USD Million , 2021-2033)
Flat Rate Pricing Model
Cost Per Mille Pricing Model
Cost Per Click Pricing Model
South Korea Online Advertising Market End Use Outlook (Revenue, USD Million , 2021-2033)
Media & Entertainment
BFSI
Education
Retail & Consumer Goods
IT & Telecom
Healthcare
Other End Use
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Target buyers of online advertising market report databook
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea online advertising market report, including forecasts for subscribers. This country databook contains high-level insights into South Korea online advertising market report from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Korea Online Advertising Market, 2021-2033 (US$M)