This study first attempted to point out fundamental reasons behind the failure to have WiBro services off the saddle, investigating the previous studies, and second to screen the WiBro promotion policies after reviewing the major steps conducted thus far by the government. In order to put the screened policies in order by the importance, an AHP analysis was conducted targeting WiBro professionals in various fields such as government offices, universities, research institutes, and industry. One step further, causal loop diagramming on the system dynamics methodology was conducted to examine the dynamic structure of the WiBro market in holistic standpoint of view. Finally, a simulation model was developed based on the causal loop diagrams and the results of the AHP analysis in order to examine how various policy scenarios influence the growth of the WiBro market over time, and to compare the mix of policy options. Finally, the study attempted to draw some implications for WiBro vitalization.