South Korea Internet of Things (IoT) in Agriculture Market to 2032
Overview
The South Korea Internet of Things (IoT) in Agriculture Market is expected to reach a 948.34 USD Million by 2032 and is projected to grow at a CAGR of 19.99% from 2025 to 2032.
Revenue, 2024 (USD Million)
264.89
Forecast, 2032 (USD Million)
948.34
CAGR, 2024 - 2032
19.99%
Report Coverage
South Korea
South Korea Internet of Things (IoT) in Agriculture Market 2018-2032 USD Million
South Korea Internet of Things (IoT) in Agriculture Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 264.89 USD Million
- Projected Market Size (2032): 948.34 USD Million
- CAGR (2025-2032): 19.99%
Key Findings of South Korea Internet of Things (IoT) in Agriculture Market
- The South Korea Internet of Things (IoT) in Agriculture Market was valued at 264.89 USD Million in 2024.
- The South Korea Internet of Things (IoT) in Agriculture Market is likely to grow at a CAGR of 19.99% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Hardware in Offering Segment accounted for the largest share of the market with a revenue of 194.36 USD Million
- The fastest growing segment Wi-Fi in Connectivity Segment grew Fastest with a CAGR of 20.73% during the forecast period from 2024 to 2032.
South Korea Internet of Things (IoT) in Agriculture Market Scope
South Korea Internet of Things (IoT) in Agriculture Market Segmentation & Scope
Distribution
- D2C
- Dealers
Farm Size
- Medium-Sized Farms
- Small Farms
- Large Farms
Connectivity
- Zigbee
- RF Technology
- Others
- Bluetooth
- Wi-Fi
Agriculture Type
- Others
- Fish Farm Monitoring
- Smart Greenhouse
- Dairy & Livestock Monitoring
- Precision Forestry
- Precision Farming
Offering
- Services
- Hardware
South Korea Internet of Things (IoT) in Agriculture Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 264.89 USD Million |
| Market Value in 2032 | 948.34 USD Million |
| CAGR (2025-2032) | 19.99% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Distribution,Farm Size,Connectivity,Agriculture Type,Offering |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 264.89 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 264.89 USD Million in 2024.
Segments and Scope
-
South Korea Internet of Things (IoT) in Agriculture Market to 2032, By Distribution
- Dealers is the largest segment in South Korea Internet of Things (IoT) in Agriculture Market to 2032 with a revenue of 182.89 USD Million in the year 2024.
- Dealers is the Fastest growing segment in South Korea Internet of Things (IoT) in Agriculture Market to 2032 with a Growth rate of 20.29 % in forecast period 2025-2032.
-
South Korea Internet of Things (IoT) in Agriculture Market to 2032, By Farm Size
- Large Farms is the largest segment in South Korea Internet of Things (IoT) in Agriculture Market to 2032 with a revenue of 115.71 USD Million in the year 2024.
- Large Farms is the Fastest growing segment in South Korea Internet of Things (IoT) in Agriculture Market to 2032 with a Growth rate of 20.66 % in forecast period 2025-2032.
-
South Korea Internet of Things (IoT) in Agriculture Market to 2032, By Connectivity
- Wi-Fi is the largest segment in South Korea Internet of Things (IoT) in Agriculture Market to 2032 with a revenue of 108.37 USD Million in the year 2024.
- Wi-Fi is the Fastest growing segment in South Korea Internet of Things (IoT) in Agriculture Market to 2032 with a Growth rate of 20.73 % in forecast period 2025-2032.
-
South Korea Internet of Things (IoT) in Agriculture Market to 2032, By Agriculture Type
- Precision Farming is the largest segment in South Korea Internet of Things (IoT) in Agriculture Market to 2032 with a revenue of 101.69 USD Million in the year 2024.
- Precision Farming is the Fastest growing segment in South Korea Internet of Things (IoT) in Agriculture Market to 2032 with a Growth rate of 20.57 % in forecast period 2025-2032.
-
South Korea Internet of Things (IoT) in Agriculture Market to 2032, By Offering
- Hardware is the largest segment in South Korea Internet of Things (IoT) in Agriculture Market to 2032 with a revenue of 194.36 USD Million in the year 2024.
- Hardware is the Fastest growing segment in South Korea Internet of Things (IoT) in Agriculture Market to 2032 with a Growth rate of 20.23 % in forecast period 2025-2032.
South Korea Internet of Things (IoT) in Agriculture Market Company Share Analysis
| Company Name |
|
||
| Topcon | |||
| Hexagon AB | |||
| AgEagle Aerial Systems Inc | |||
| hylio | |||
| AKVA group | |||
South Korea Internet of Things (IoT) in Agriculture Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Internet of Things (IoT) in Agriculture Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Internet of Things (IoT) in Agriculture Market is segmented based on Segmentation Distribution,Farm Size,Connectivity,Agriculture Type,Offering.
South Korea Internet of Things (IoT) in Agriculture Market was valued at USD 264.89(Revenue in USD Million) in 2023.
South Korea Internet of Things (IoT) in Agriculture Market is projected to grow at a CAGR of 19.99% during the forecast period of 2024 to 2032.
The Hardware segment is expected to dominate the South Korea Internet of Things (IoT) in Agriculture Market, holding a largest market share of 194.36 USD Million in 2024
South Korea Internet of Things (IoT) in Agriculture Market Scope
South Korea Internet of Things (IoT) in Agriculture Market Segmentation & Scope
Distribution
- D2C
- Dealers
Farm Size
- Medium-Sized Farms
- Small Farms
- Large Farms
Connectivity
- Zigbee
- RF Technology
- Others
- Bluetooth
- Wi-Fi
Agriculture Type
- Others
- Fish Farm Monitoring
- Smart Greenhouse
- Dairy & Livestock Monitoring
- Precision Forestry
- Precision Farming
Offering
- Services
- Hardware
Frequently Asked Questions
The South Korea Internet of Things (IoT) in Agriculture Market is segmented based on Segmentation Distribution,Farm Size,Connectivity,Agriculture Type,Offering.
South Korea Internet of Things (IoT) in Agriculture Market was valued at USD 264.89(Revenue in USD Million) in 2023.
South Korea Internet of Things (IoT) in Agriculture Market is projected to grow at a CAGR of 19.99% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Internet of Things (IoT) in Agriculture Market for final year is USD 948.34 (USD Million).
South Korea Internet of Things (IoT) in Agriculture Market Company Profiling
Frequently Asked Questions
The South Korea Internet of Things (IoT) in Agriculture Market is segmented based on Segmentation Distribution,Farm Size,Connectivity,Agriculture Type,Offering.
South Korea Internet of Things (IoT) in Agriculture Market was valued at USD 264.89(Revenue in USD Million) in 2023.
South Korea Internet of Things (IoT) in Agriculture Market is projected to grow at a CAGR of 19.99% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Internet of Things (IoT) in Agriculture Market for final year is USD 948.34 (USD Million).
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