The Startup Ecosystem of Seoul is ranked at number 25 globally, and shows a negative momentum decreasing -2 spots since 2021. Seoul also ranks at number 1 in South Korea, and 5 in East Asia.
Seoul is an ideal place to locate for Hardware & IoT, Social & Leisure and Ecommerce & Retail startups. As the most popular industries in Seoul, there is a sample of 182 Hardware & IoT startups in Seoul, 91 Social & Leisure startups in Seoul, and 82 Ecommerce & Retail startups in Seoul, on the StartupBlink Map. On the StartupBlink Global Startup Ecosystem Map there is also a sample of 601 startups in Seoul, 44 accelerators in Seoul, 7 coworking spaces in Seoul, 2 organizations in Seoul and 1 leaders in Seoul.2022 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
---|---|---|---|---|---|---|
1st 0 | 25th - 2 | 30.111 | 3.30 | 23.57 | 3.25 | |
2nd 0 | 207th - 45 | 3.906 | 0.06 | 0.86 | 2.99 | |
3rd 0 | 421st + 136 | 1.099 | 0.05 | 0.21 | 0.84 | |
4th + 1 | 794th + 46 | 0.276 | 0.03 | 0.04 | 0.21 | |
5th - 1 | 980th - 225 | 0.167 | 0.01 | 0.03 | 0.13 |