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The Growth of Chinese games in Korea

Updated: Jul 6, 2023

The South Korean gaming market, recognized for its dynamic gaming culture and the global success of its local developers, has recently seen an interesting trend: the rise of China-developed games. Over the last five years, Chinese-developed games have been making significant inroads in the Korean market, competing head-to-head with home-grown offerings. Let's delve into the numbers that showcase this remarkable trend.

Market Share: As of 2023, Chinese games account for approximately 35% of South Korea's online gaming market, a significant increase from just 10% in 2018.

  1. Market Share: As of 2023, Chinese games account for approximately 35% of South Korea's online gaming market, a significant increase from just 10% in 2018.

  2. Revenue: In 2023, Chinese games have contributed roughly KRW 1.9 trillion to the South Korean gaming market representing a Compound Annual Growth Rate (CAGR) of over 44%.

  3. Player Base: Active Korean players playing Chinese games grew from 2 million in 2018 to an estimated 10 million in 2023.

  4. Investment: Chinese investments in Korean game companies have grown by 150% from 2018 to 2023, solidifying the Chinese influence on the Korean gaming industry.

  5. Acceptance: According to data from the Korean App Store and Google Play Store, Chinese-developed games have consistently made up around half of the top 10 most downloaded games in the past two years.

Growth of Chinese games in Korea
Growth of Chinese games in Korea

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