Seoul City Profile - Comprehensive Overview, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail
Seoul City Profile - Comprehensive Overview, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and RetailSummary
“City Profile - Seoul” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Seoul.
Seoul is the capital and most populous city of the Republic of Korea (ROK). Seoul is a key financial and economic hub of South Korea accounting for around 23.0% of the national GDP. Seoul has evolved from a commercial and industrial center into an economic center, due to rapid growth in the tertiary sector, such as finance and insurance, trade, transport, communications and real estate. Seoul Special City Region’s economy shrank for the first time in last two decades in 2020, sluggish local main industries, service industry jobs and decline in private consumption and investment due to the coronavirus pandemic.
The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
Scope
- The Industry and service sectors remain the key contributor to the regional economy - and the major employers.
- Seoul is a key tourist destination for both domestic and international tourists and witnessed a significant growth in 2019. Leisure tourism stands a contributor to the tourism sector. However, the tourism sector in South Korea declined in 2020, owing to the outbreak of coronavirus, as the government has undertaken various measures, including closure of all attraction sites and cancellation or postponement of all events and festivals.
Reasons to Buy
- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
- Analyze and understand the business environment in the city to align your investment and expansion strategies.
- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.
MarketLine, a world-leading provider of commercial intelligence, has over 400 experienced analysts, consultants, and researchers with regional and sector expertise in market sizing, competitor tracking, socio and macro economics, and business drivers.
For more than 15 years MarketLine has supported the research needs of investment banks, corporations, professional services firms, and academia with a unique mix of company, industry, country, city and financial data for every major industry and marketplace.
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