In this study, priority setting model of new promising IT industries which will be the growth engines for the Korean IT industry, was established. Based on the AHP model, priority setting of IT new promising IT industries was conducted. Firstly, the selection cases of the new promising IT industries and major priority setting methodologies including the AHP methodology, were analyzed. The AHP model was selected as the most feasible methodology for priority setting of the new IT industries, among the various priority setting methodologies. Secondly, in setting up the AHP model for prioritization of the new promising If industries, a 'goal' was established to be priority setting of the new promising IT industries, and an 'alternatives' to be 18 new promising IT industries. Then a logical and a systematic assessment criteria including 5 main criteria('Technological Innovation', 'Market Ability', 'SPin-off Effect', 'Public Benefit', 'Strategic Importance') and 14 sub-criteria, were developed for priority setting of the 18 new promising industries. Finally, with the AHP model, the substantial analysis was made to set up priority of the 18 new promising IT industries. The substantial analysis showed the following priority setting results and implications for the 18 new promising IT industries.