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South Korea's education and training market is a dynamic and expanding sector, valued at an estimated US$92.20 million in 2022. This market is driven by a strong emphasis on education and skill development, with certifications and credentials held in high esteem. The government plays a crucial role in supporting the education and training sector, providing funding and promoting lifelong learning initiatives.
The South Korean government is a significant procurer of education and training products and services, with an estimated expenditure of US$150.30 million by 2027.
The South Korean government primarily procures the following education and training products and services:
Educational software and hardware
Online learning platforms
Assessment tools
Training materials
Consulting services
The top authorities responsible for South Korea's education and training procurement include:
Ministry of Education
Korea Education and Research Information Service
Korea Institute for Curriculum and Evaluation
National Institute for Lifelong Education
The top companies that have successfully won South Korea's education and training procurement contracts include:
SK Telecom
LG Electronics
Samsung Electronics
KT Corporation
POSCO
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