Key Takeaways
- In 2023, the Seoul event industry contributed approximately KRW 25.4 trillion to the local economy through direct and indirect spending.
- The MICE sector in Seoul grew by 12.5% year-over-year in 2022, reaching a market value of USD 18.7 billion.
- Seoul's convention and exhibition market size was valued at KRW 8.2 trillion in 2023, with projections to hit KRW 10.1 trillion by 2025.
- Seoul hosted 1,247 international conferences in 2023, generating KRW 1.8 trillion.
- Over 450 exhibitions were held in Seoul in 2023, attracting 12 million visitors.
- Seoul saw 2,300 corporate incentive tours in 2022.
- Total attendance at Seoul events reached 45.2 million in 2023.
- COEX exhibition center saw 15.8 million visitors in 2023.
- KINTEX in Goyang near Seoul hosted 8.4 million attendees in 2023.
- The Seoul event industry employed 156,000 direct workers in 2023.
- Event planning firms in Seoul numbered 4,200 with 45,000 staff in 2022.
- Venue operation jobs in Seoul events reached 28,500 in 2023.
- Seoul has 1,250 event venues including 450 convention centers.
- COEX covers 99,000 sqm exhibition space in Seoul.
- KINTEX provides 134,000 sqm of indoor space near Seoul.
Seoul's diverse and growing event industry significantly boosts the local economy.
Employment and Workforce
- The Seoul event industry employed 156,000 direct workers in 2023.
- Event planning firms in Seoul numbered 4,200 with 45,000 staff in 2022.
- Venue operation jobs in Seoul events reached 28,500 in 2023.
- Freelance event staff in Seoul totaled 67,000 in peak seasons 2023.
- MICE sector created 12,300 new jobs in Seoul in 2023.
- Hotel staff dedicated to events in Seoul: 35,200 in 2023.
- Catering and F&B event workforce in Seoul: 22,400 in 2022.
- Technical crew for AV and lighting in Seoul events: 9,800 employed.
- Marketing and PR roles in Seoul events industry: 7,500 in 2023.
- Transportation staff for events in Seoul: 14,200 drivers and logistics.
- Security personnel for Seoul events averaged 18,000 per year.
- Interpreters and translators for intl events in Seoul: 4,200 certified.
- Ticketing and box office staff: 3,900 in major Seoul venues.
- Cleanup and maintenance post-event workers: 11,500 in Seoul.
- COEX employs 2,500 full-time for events operations.
- KINTEX workforce stands at 1,800 direct employees for events.
Employment and Workforce Interpretation
Event Types and Numbers
- Seoul hosted 1,247 international conferences in 2023, generating KRW 1.8 trillion.
- Over 450 exhibitions were held in Seoul in 2023, attracting 12 million visitors.
- Seoul saw 2,300 corporate incentive tours in 2022.
- 1,850 music concerts took place in Seoul venues in 2023.
- 620 sports events occurred in Seoul stadiums in 2023.
- Seoul festivals numbered 1,420 in 2023, including 250 major ones.
- 950 weddings and social events were tracked in major Seoul venues in 2022.
- 780 trade shows focused on tech in Seoul in 2023.
- 1,100 cultural performances hosted in Seoul theaters in 2023.
- 420 e-sports tournaments held in Seoul in 2023.
- 2,150 public events including markets in Seoul parks in 2022.
- 560 medical and pharma congresses in Seoul in 2023.
- 890 fashion and beauty events staged in Seoul in 2023.
- 1,340 food and beverage festivals and expos in Seoul 2023.
- 720 automotive and mobility shows in Seoul venues 2023.
- Seoul Jazz Festival economic impact: KRW 450 billion in 2023.
- 1,500+ pop-up events in Seoul shopping districts 2023.
- 650 gaming and animation expos in Seoul 2023.
Event Types and Numbers Interpretation
Infrastructure and Venues
- Seoul has 1,250 event venues including 450 convention centers.
- COEX covers 99,000 sqm exhibition space in Seoul.
- KINTEX provides 134,000 sqm of indoor space near Seoul.
- KSPO Dome seats 15,000 for concerts and events in Seoul.
- Jamsil Indoor Stadium has capacity for 11,000 event attendees.
- Seoul Arts Center hosts 20 theaters with 5,000+ seats total.
- Olympic Park has 10 venues totaling 100,000 sqm event space.
- Lotte World Adventure venue space for events: 50,000 sqm.
- High-speed internet coverage in 95% of Seoul event venues.
- 320 hotels with MICE facilities in Seoul, 150,000 rooms total.
- Subway connectivity to major venues covers 98% of events.
- Sustainability certifications held by 65 Seoul event venues.
- Projected new venue additions: 5 convention centers by 2025.
- Event tech integration like VR in 40% of Seoul venues.
- Parking spaces at Seoul venues total 250,000 spots.
Infrastructure and Venues Interpretation
Market Size and Growth
- In 2023, the Seoul event industry contributed approximately KRW 25.4 trillion to the local economy through direct and indirect spending.
- The MICE sector in Seoul grew by 12.5% year-over-year in 2022, reaching a market value of USD 18.7 billion.
- Seoul's convention and exhibition market size was valued at KRW 8.2 trillion in 2023, with projections to hit KRW 10.1 trillion by 2025.
- The total revenue from Seoul's performing arts events reached KRW 4.7 trillion in 2022.
- Seoul's event industry export value stood at USD 2.3 billion in 2023, primarily from international conferences.
- The festival segment of Seoul's events generated KRW 3.1 trillion in economic impact in 2023.
- Seoul's wedding and banquet event market was worth KRW 6.8 trillion in 2022.
- Corporate event spending in Seoul increased by 15.2% to KRW 5.4 trillion in 2023.
- The K-pop concert market in Seoul alone generated KRW 1.9 trillion in ticket sales in 2023.
- Seoul's sports event industry revenue hit KRW 7.2 trillion in 2022 post-COVID recovery.
- Inbound tourism events contributed USD 1.5 billion to Seoul's economy in 2023.
- The digital event platform market in Seoul grew to KRW 1.2 trillion in 2023.
- Seoul's cultural heritage events market size was KRW 2.8 trillion in 2022.
- Projected CAGR for Seoul events industry is 8.7% from 2024-2028.
- Total event-related investments in Seoul reached KRW 4.1 trillion in 2023.
- In 2023, Seoul's event industry is expected to grow to USD 20 billion by 2025.
- The exhibition segment alone was KRW 9.5 trillion in 2023.
- Performing arts revenue up 18% to KRW 5.5 trillion in 2023.
Market Size and Growth Interpretation
Visitor and Attendance Statistics
- Total attendance at Seoul events reached 45.2 million in 2023.
- COEX exhibition center saw 15.8 million visitors in 2023.
- KINTEX in Goyang near Seoul hosted 8.4 million attendees in 2023.
- Seoul Olympic Stadium concerts drew 2.1 million fans in 2023.
- Jamsil Arena events attracted 1.9 million in 2022.
- International conference delegates in Seoul totaled 350,000 in 2023.
- Domestic event-goers in Seoul numbered 32.7 million in 2023.
- Festival crowds in Seoul averaged 1.2 million per major event in 2023.
- KCON Seoul 2023 had 150,000 attendees over 3 days.
- Seoul International Auto Show drew 450,000 visitors in 2023.
- Tech conferences like CES Asia affiliate in Seoul had 120,000 attendees.
- Sports events at Seoul World Cup Stadium saw 1.5 million in 2023.
- Wedding expos in Seoul attracted 300,000 visitors annually.
- E-sports World Cup in Seoul had 250,000 live attendees in 2023.
- Cultural festivals like Hanbok event drew 800,000 in 2023.
- Food expos in COEX had 1.1 million visitors in 2023.
- Music festivals like Waterbomb Seoul attracted 500,000 in 2023.
- Fashion weeks in Seoul saw 180,000 attendees in 2023 seasons.
Visitor and Attendance Statistics Interpretation
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