Industry
South Korea research industry totals about 21,000 firms, sales 28.6 trillion won
South Korea\'s research industry comprises 21,007 companies that generated 28.6 trillion won in domestic and overseas sales in 2024, a government survey showed. The number of firms rose 6.1 percent from a year earlier, while sales increased 3.6 percent. The biggest revenue segment was contract research. Research-industry employment totalled 190,000 people. The share of firms with research units and in-house R&D performance increased, while total R&D spending fell 2.5 percent.
