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[KOCCA] Korea Gaming Market 2009: Market Research

Korea Creative Content Agency (KOCCA) published the Annual Report 2009. The report include a market size and forecast for the Korean online gaming market.

This is from the 2009 Annual Report published by Korea Creative Content Agency (KOCCA).

According to the report, the Korean gaming market expanded to US$4.6 billion in 2008, 9% growth from 2007. The market is expected to reach US$ 5.5 billion in 2009 with 17% growth rate. The main reasons behind such growth include increasing game licensing revenue from oversea and mobile games.

Korean Gaming Market  

                 <Korean Online Gaming Market, 2005-2009>               Source: KOCCA

 Also, in the Korean gaming industry, there are 29,294 game companies and  42,730 employees making US$ 4.7 billion sales in 2008.

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