South Korea IOT Node and Gateway Market to 2032
Overview
The South Korea IOT Node and Gateway Market is expected to reach a 450.95 USD Million by 2032 and is projected to grow at a CAGR of 32.17% from 2025 to 2032.
Revenue, 2024 (USD Million)
107.65
Forecast, 2032 (USD Million)
450.95
CAGR, 2024 - 2032
32.17%
Report Coverage
South Korea
South Korea IOT Node and Gateway Market 2018-2032 USD Million
South Korea IOT Node and Gateway Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 107.65 USD Million
- Projected Market Size (2032): 450.95 USD Million
- CAGR (2025-2032): 32.17%
Key Findings of South Korea IOT Node and Gateway Market
- The South Korea IOT Node and Gateway Market was valued at 107.65 USD Million in 2024.
- The South Korea IOT Node and Gateway Market is likely to grow at a CAGR of 32.17% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Sensors in Component Segment accounted for the largest share of the market with a revenue of 44.77 USD Million
- The fastest growing segment Wearable Devices in Application Segment grew Fastest with a CAGR of 35.55% during the forecast period from 2024 to 2032.
South Korea IOT Node and Gateway Market Scope
South Korea IOT Node and Gateway Market Segmentation & Scope
Component
- Logic Devices
- Memory Devices
- Connectivity IC
- Processors
- Sensors
Connectivity
- Others
- Z-Wave
- Zigbee
- Bluetooth
- Wi-Fi
- Ethernet
Application
- Others
- Agriculture
- Oil and Gas
- Banking ,Financial Services and Insurance(BFSI)
- Aerospace & Defense
- Retail
- Buildling Automation
- Industrial
- Automotive & Transportation
- Healthcare
- Consumer Electronics
- Wearable Devices
South Korea IOT Node and Gateway Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 107.65 USD Million |
| Market Value in 2032 | 450.95 USD Million |
| CAGR (2025-2032) | 32.17% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Component,Connectivity,Application |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 107.65 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 107.65 USD Million in 2024.
Segments and Scope
-
South Korea IOT Node and Gateway Market to 2032, By Component
- Sensors is the largest segment in South Korea IOT Node and Gateway Market to 2032 with a revenue of 44.77 USD Million in the year 2024.
- Sensors is the Fastest growing segment in South Korea IOT Node and Gateway Market to 2032 with a Growth rate of 34.15 % in forecast period 2025-2032.
-
South Korea IOT Node and Gateway Market to 2032, By Connectivity
- Ethernet is the largest segment in South Korea IOT Node and Gateway Market to 2032 with a revenue of 35.20 USD Million in the year 2024.
- Wi-Fi is the Fastest growing segment in South Korea IOT Node and Gateway Market to 2032 with a Growth rate of 33.12 % in forecast period 2025-2032.
-
South Korea IOT Node and Gateway Market to 2032, By Application
- Wearable Devices is the largest segment in South Korea IOT Node and Gateway Market to 2032 with a revenue of 25.66 USD Million in the year 2024.
- Wearable Devices is the Fastest growing segment in South Korea IOT Node and Gateway Market to 2032 with a Growth rate of 35.55 % in forecast period 2025-2032.
South Korea IOT Node and Gateway Market Company Share Analysis
South Korea IOT Node and Gateway Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea IOT Node and Gateway Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea IOT Node and Gateway Market is segmented based on Segmentation Component,Connectivity,Application.
South Korea IOT Node and Gateway Market was valued at USD 107.65(Revenue in USD Million) in 2020.
South Korea IOT Node and Gateway Market is projected to grow at a CAGR of 32.17% during the forecast period of 2024 to 2032.
The Sensors segment is expected to dominate the South Korea IOT Node and Gateway Market, holding a largest market share of 44.77 USD Million in 2024
Coming Soon....
South Korea IOT Node and Gateway Market Scope
South Korea IOT Node and Gateway Market Segmentation & Scope
Component
- Logic Devices
- Memory Devices
- Connectivity IC
- Processors
- Sensors
Connectivity
- Others
- Z-Wave
- Zigbee
- Bluetooth
- Wi-Fi
- Ethernet
Application
- Others
- Agriculture
- Oil and Gas
- Banking ,Financial Services and Insurance(BFSI)
- Aerospace & Defense
- Retail
- Buildling Automation
- Industrial
- Automotive & Transportation
- Healthcare
- Consumer Electronics
- Wearable Devices
Frequently Asked Questions
The South Korea IOT Node and Gateway Market is segmented based on Segmentation Component,Connectivity,Application.
South Korea IOT Node and Gateway Market was valued at USD 107.65(Revenue in USD Million) in 2020.
South Korea IOT Node and Gateway Market is projected to grow at a CAGR of 32.17% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea IOT Node and Gateway Market for final year is USD 450.95 (USD Million).
South Korea IOT Node and Gateway Market Company Profiling
Frequently Asked Questions
The South Korea IOT Node and Gateway Market is segmented based on Segmentation Component,Connectivity,Application.
South Korea IOT Node and Gateway Market was valued at USD 107.65(Revenue in USD Million) in 2020.
South Korea IOT Node and Gateway Market is projected to grow at a CAGR of 32.17% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea IOT Node and Gateway Market for final year is USD 450.95 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.