Trends in associated business
Things care you, resecue you, detect you, and help you
Hyper - Connection Society
Emotional ICT + M2M + Smart care
- ICT Convergence: Expected to grow by 13% every year, size of 109 trillion KRW in 2020 Korea has insufficient IT convergence infrastructure. Moreover, no further big achievement after LCD has not been created.
- Ministry of Knowledge Economy states, “According to Vision 2020 for industry and technology”, IT convergence industry is expected to be take a very important role in IT convergence industry, which combines IT technology and other technologies.
Emotional ICT, UI/UX
- Emotional ICT market in Korea is 26 trillion KRW in 2015
and expected to be growing by 114% annually.
- M2M market grows average 30% every year; it will be as big as 26 trillion KRW in 2020
- By 2020, 30 billion M2M devices will connect to the network, globally.
- Utility will be 62% of entire M2M market, security/safe is 21%, healthcare is 2%, and expected to be growing by 42%, rapidly.
- Ministry of Knowledge Economy states that in 2020 the goal is taking 13% of global medical IT market through smart personal care system in 2020
- In next 5 years, domestic u-Medical market will be 560 billion KRW, and u-silver market will be 490 billion KRW, and u-Wellness market will be 2 trillion KRW.
- Once medical IT business gets activated, it will create 60 thousands of new employment by 2020 in Korea.
Human ICT convergence system that we suggest is in its initial phase, so the manpower for the design is severely lacked.