South Korea’s Digital Economy Now Covered by Similarweb
March 16 2023 - 8:00PM
Business Wire
In addition to viewing global online activity,
companies seeking insights on digital market share can now filter
for activity from within the Republic of Korea
Similarweb’s monitoring of the digital world now includes the
ability for business leaders and market analysts to focus
specifically on activity from within South Korea.
Similarweb’s customers use its tools to analyze markets,
investments, business opportunities and more using data about
traffic and engagement with websites and apps, worldwide and
filtered for more than 200 countries – with the Republic of Korea
now joining that list.
“Our clients from around the world, and particularly the APAC
region, have been clamoring for data on the South Korea market for
some time, and I’m pleased to say we’ve put in the work to deliver
high-quality data about this critical market,” said Uri Snyder,
Senior Vice President for APAC at Similarweb. “South Korea is the
fourth largest economy in Asia and the 13th largest in the world by
GDP, not to mention the sixth largest for e-commerce.”
The Republic of Korea country filter now appears on the
drop-down list for Similarweb tools including Web Market Analysis,
Website Analysis, Segment Analysis, Company Analysis, and App
Analysis (Premium). Coverage is being introduced with 24 months of
historical data for websites and 15 months for apps. Similarweb is
currently expanding coverage of APAC.
“Understanding market dynamics, digital strategies, and digital
performance of established players and disruptors in Korea can
create amazing growth opportunities,” Snyder said. “For example, we
can see that the Fashion and Apparel industry in South Korea
achieved an approximate YoY digital growth rate of +14%, which is
the second-highest globally for this category, trailing only India.
Imagine what your company can achieve with a better understanding
of where growth is occurring in the digital world – and how your
company is performing in comparison with its competitors.”
For a free trial, visit similarweb.com.
About Similarweb
Similarweb is the most trusted platform for understanding online
behavior, used by millions of people every day to create insights
and strengthen their knowledge of the digital world. We empower
anyone — from the curious individual to the enterprise business
leader — to make smarter decisions by understanding why things
happen across the digital ecosystem. Learn more here:
https://www.similarweb.com/corp/about/
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version on businesswire.com: https://www.businesswire.com/news/home/20230316005709/en/
Press David F. Carr david.carr@similarweb.com
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