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Given the Eurozone crisis that caused the global economy to fall into recession mode, South Korean security ventures are focusing on developing and releasing security solutions that can change the current difficult era of marketing into one of rather growing in global markets even in the Eurozone.
In line with the global IT convergence flow, South Korean small but robust ventures armed with exceptional security solutions are paying heed to various composite areas of security solutions including the latest image security fields.
Among the newest hot trends of the Korean security solution market are mobile, cloud security, etc. Korean security solutions providers are also seeking ways to penetrate potential foreign markets based upon their solid growth areas of network security, smart-grid, etc.
The latest Korean security market can also be abstracted like such very competitive items as super resolution CCTV systems, security gates, lie-detectors supporting the function of facial recognition, solutions for cyber terror and hacking, etc.
Government-level effort of supporting security industry, one of the conspicuous moves, is well witnessed in the area of cloud service which has long been perceived as feeble rather than the nation’s comparatively strong ICT and security sectors.
Korea Government is accelerating the pace of activating the cloud service market, estimating this year’s domestic cloud service market to reach up to roughly 1.304 trillion won.
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