More than 50 percent of South Korean app and game developers featured on Google Play are generating revenue from international markets. (Image courtesy of Yonhap News)
SEOUL, Sept. 22 (Korea Bizwire) – More than 50 percent of South Korean app and game developers featured on Google Play are generating revenue from international markets.
Google Korea hosted its Google for Korea 2023 event on Thursday at the Shilla Hotel in Seoul to showcase these accomplishments and share examples of Korean content successfully expanding its global reach. This marked the third year of the event and its inaugural offline iteration.
During the event, Google revealed that 1.1 million Korean app and game developers have gained access to overseas markets in over 190 countries through Google Play, engaging an estimated 2.5 billion users worldwide. Furthermore, Google Play has attracted 36 million active users from around the globe.
In addition to these milestones, Google’s fifth “Window Program” in collaboration with the Ministry of SMEs and Startups has played a pivotal role in assisting over 400 Korean app developers in securing global investments and nurturing the growth of their businesses.
Google also highlighted its efforts to bolster Korea’s digital economy. In a significant move, Google launched the Google Career Certificates (GCC) Digital Skills Upgrade Pass, a global talent development initiative, in Korea. The GCC Digital Skills Upgrade Path is a training program tailored for individuals interested in the information technology (IT) sector, designed to quickly equip them with essential job skills. Notably, courses in Data Analytics and IT Support are available in Korean, with plans for program expansion in collaboration with the Ministry of Science and ICT.
Additionally, the event included the award ceremony for the Google Startup Campus Women Founders Fund. This fund, established by Google, aims to empower female entrepreneurs who are making strides in the field of artificial intelligence (AI). In this year’s edition, seven companies were selected for support, including South Korea’s Munice, a company specializing in sleep solutions. These chosen startups will receive $100,000 in funding and mentorship to kickstart their entrepreneurial ventures.
Kevin Lee (kevinlee@koreabizwire.com)
