Korea’s information security market forecast to grow to KRW 1.3 trillion (USD 1.15 billion) by 2014.

The Korea Internet & Security Agency (KISA) reported that Korea’s information security market in 2009 reached KRW 807 billion in size, a 9.2% increase from the previous year.

KISA expects sales of the nation’s information security corporations to be KRW 912 billion in 2010, increasing to KRW 1.33 trillion by 2014. Showing a 10.3% CAGR from 2008-2014.

Source: KISA

If you would like information about investment opportunities in Korean companies involved in the information security market please contact Invest KOREA’s Partnership Support Team on (+82) 2-3460-7536, or email investment@kotra.or.kr.

Download the full report from KISA here (Korean), or view an English news report here.