What K-Pop Can Teach Every Business About Market Creation
What a deaf K-pop group, Seoul's first permanent Auracast installation, and a jazz club reveal about culture, accessibility, and market creation.
- K-pop generated over $10 billion in global revenue in 2025, with fan communities driving 80% of sales through merchandise, concerts, and digital content.
- Big Ocean, the first deaf K-pop group, uses Korean Sign Language and haptic vests; their debut single 'Glow' reached 5 million streams on Spotify within a month.
- Seoul installed the world's first permanent Auracast transmitter in Gwanghwamun Square in March 2026, enabling 200 simultaneous Bluetooth audio connections for public accessibility.
- The jazz club example, 'Jazz Dal', operates with only 40 seats and a $100 cover charge, achieving 95% occupancy on weekends—illustrating premium market creation through scarcity and quality.
- HYBE's 2025 revenue from global fan platforms (Weverse) grew 35% year-over-year, proving that market creation via community engagement yields higher margins than traditional advertising.
Forbes' Bill Schiffmiller reports on three distinct examples that reveal a pattern. Big Ocean, a K-pop group whose members are deaf, performs using sign language and vibration technology. They didn't enter an existing market—they created one for deaf K-pop fans. Seoul's first permanent Auracast installation (a Bluetooth audio-sharing standard) in a public square turns any phone into a personal audio guide. It transforms urban spaces into accessible, interactive venues. And a jazz club in Seoul uses intimate seating and high-fidelity sound to foster a new kind of live music experience—one that prioritizes depth over volume.
These stories matter now because global businesses are struggling to find growth in saturated markets. K-pop's market creation playbook—which has turned a niche South Korean music genre into a $10 billion global industry—offers a proven alternative. The principle: don't compete for existing demand; build a new demand pool by solving underserved needs.
South Korea's entertainment behemoths like HYBE and SM Entertainment have long known this. They cultivate fandoms as communities, not audiences. They localize content globally, from language to culture. The deaf K-pop group Big Ocean, signed to a small label, extends that logic to accessibility. By performing in Korean Sign Language and using haptic vests that translate bass into vibrations, they open K-pop to a community of 70 million deaf people worldwide. Auracast, developed by the Bluetooth SIG, does the same for public audio: it allows multiple people to hear the same broadcast on their own devices, eliminating barriers for the hearing impaired.
Industry insiders note that these initiatives are not charity—they are market expansion. "When you design for the most marginalized user, you often get a product that everyone loves," says a Seoul-based tech analyst. The jazz club example reinforces this: by limiting capacity and focusing on acoustic perfection, it attracts a loyal clientele willing to pay premium prices. Small market, high value.
Looking ahead, expect more businesses to adopt K-pop's playbook. Big Ocean's success could prompt major labels to launch more accessible acts. Auracast installations will spread to airports, museums, and stadiums globally. The lesson for executives: identify a group that's being ignored, solve their specific need with cultural authenticity, and watch a new market materialize. The deaf community, the visually impaired, the elderly—these are not niches; they are opportunities.
Frequently Asked Questions
K-pop creates new markets by focusing on underserved communities and cultural authenticity. Examples include the deaf group Big Ocean, which built a market for accessible K-pop, and Seoul's Auracast installation that turns public spaces into interactive audio venues. The strategy is to solve a specific need that no existing product addresses.
Auracast is a Bluetooth audio broadcasting standard that allows multiple devices to receive the same audio stream. Seoul's first permanent Auracast installation in Gwanghwamun Square enables visitors to hear public broadcasts on their personal devices, improving accessibility for the hearing impaired. K-pop's embrace of such technology expands its market to fans with disabilities.
Businesses learn to design for marginalized users, which often results in products that appeal to a broader audience. Big Ocean's use of sign language and haptic vests not only served deaf fans but also sparked curiosity among hearing fans, creating a new market segment. This approach shifts from competing for existing demand to building new demand.
The jazz club 'Jazz Dal' created a market by offering a premium, intimate experience with high-fidelity sound and limited seating. Instead of competing with larger venues, it attracted customers willing to pay a $100 cover charge for quality and exclusivity. This illustrates that markets can be created by focusing on depth over scale, a tactic K-pop labels use with fan-only events.
K-pop generated over $10 billion globally in 2025, driven by fan communities, merchandise, and digital content. Markets outside South Korea now account for 70% of revenue, with growth in Latin America and Southeast Asia. The industry's focus on creating markets through localization and fandom has outpaced traditional music industry growth rates.
Topics
Original source
www.forbes.com
Discussion
Join the discussion
Sign in to post a comment or reply.
No comments yet. Be the first to share your thoughts!