South Korea Operational Technology Market to 2032
Overview
The South Korea Operational Technology Market is expected to reach a 1,537.99 USD Million by 2032 and is projected to grow at a CAGR of 10.89% from 2025 to 2032.
Revenue, 2024 (USD Million)
849.79
Forecast, 2032 (USD Million)
1,537.99
CAGR, 2024 - 2032
10.89%
Report Coverage
South Korea
South Korea Operational Technology Market 2018-2032 USD Million
South Korea Operational Technology Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 849.79 USD Million
- Projected Market Size (2032): 1,537.99 USD Million
- CAGR (2025-2032): 10.89%
Key Findings of South Korea Operational Technology Market
- The South Korea Operational Technology Market was valued at 849.79 USD Million in 2024.
- The South Korea Operational Technology Market is likely to grow at a CAGR of 10.89% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Large Enterprise in Organization Size Segment accounted for the largest share of the market with a revenue of 476.15 USD Million
- The fastest growing segment Oil & Gas in End-User Segment grew Fastest with a CAGR of 12.82% during the forecast period from 2024 to 2032.
South Korea Operational Technology Market Scope
South Korea Operational Technology Market Segmentation & Scope
Component
- Services
- Software/Platform
- Hardware
Deployment
- On-Premise
- Hybrid
- Cloud
Organization Size
- Small & Medium Size Business
- Large Enterprise
Connectivity
- Wired
- Wireless
End-User
- Others
- Buildings and Infrastructure
- Life Sciences
- Food & Beverage
- Pulp and Paper
- Automotive and Transportation
- Metals and Mining
- Energy & Utilities
- Marine & Ports
- Chemicals
- Oil & Gas
Technology
- Process Control Domains (PCD)
- Building Management / Automation Systems (BAS)
- Distributed Control Systems (DCS)
- Safety Instrumented Systems (SIS)
- Programmable Logic Controllers (PLC)
- Supervisory Control and Data Acquisition (SCADA)
South Korea Operational Technology Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 849.79 USD Million |
| Market Value in 2032 | 1,537.99 USD Million |
| CAGR (2025-2032) | 10.89% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Component,Deployment,Organization Size,Connectivity,End-User,Technology |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 849.79 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 849.79 USD Million in 2024.
Segments and Scope
-
South Korea Operational Technology Market to 2032, By Component
- Hardware is the largest segment in South Korea Operational Technology Market to 2032 with a revenue of 391.99 USD Million in the year 2024.
- Software/Platform is the Fastest growing segment in South Korea Operational Technology Market to 2032 with a Growth rate of 10.65 % in forecast period 2025-2032.
-
South Korea Operational Technology Market to 2032, By Deployment
- Cloud is the largest segment in South Korea Operational Technology Market to 2032 with a revenue of 385.90 USD Million in the year 2024.
- Cloud is the Fastest growing segment in South Korea Operational Technology Market to 2032 with a Growth rate of 11.42 % in forecast period 2025-2032.
-
South Korea Operational Technology Market to 2032, By Organization Size
- Large Enterprise is the largest segment in South Korea Operational Technology Market to 2032 with a revenue of 476.15 USD Million in the year 2024.
- Large Enterprise is the Fastest growing segment in South Korea Operational Technology Market to 2032 with a Growth rate of 11.26 % in forecast period 2025-2032.
-
South Korea Operational Technology Market to 2032, By Connectivity
- Wireless is the largest segment in South Korea Operational Technology Market to 2032 with a revenue of 449.29 USD Million in the year 2024.
- Wireless is the Fastest growing segment in South Korea Operational Technology Market to 2032 with a Growth rate of 11.32 % in forecast period 2025-2032.
-
South Korea Operational Technology Market to 2032, By End-User
- Oil & Gas is the largest segment in South Korea Operational Technology Market to 2032 with a revenue of 167.46 USD Million in the year 2024.
- Oil & Gas is the Fastest growing segment in South Korea Operational Technology Market to 2032 with a Growth rate of 12.82 % in forecast period 2025-2032.
-
South Korea Operational Technology Market to 2032, By Technology
- Supervisory Control and Data Acquisition (SCADA) is the largest segment in South Korea Operational Technology Market to 2032 with a revenue of 227.53 USD Million in the year 2024.
- Supervisory Control and Data Acquisition (SCADA) is the Fastest growing segment in South Korea Operational Technology Market to 2032 with a Growth rate of 12.58 % in forecast period 2025-2032.
South Korea Operational Technology Market Company Share Analysis
| Company Name |
|
||
| Rockwell Automation, Inc. | |||
| Schneider Electric | |||
| Advantech Co., Ltd. | |||
| ABB | |||
| General Electric | |||
South Korea Operational Technology Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Operational Technology Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Operational Technology Market is segmented based on Segmentation Component,Deployment,Organization Size,Connectivity,End-User,Technology.
South Korea Operational Technology Market was valued at USD 849.79(Revenue in USD Million) in 2021.
South Korea Operational Technology Market is projected to grow at a CAGR of 10.89% during the forecast period of 2024 to 2032.
The Large Enterprise segment is expected to dominate the South Korea Operational Technology Market, holding a largest market share of 476.15 USD Million in 2024
South Korea Operational Technology Market Scope
South Korea Operational Technology Market Segmentation & Scope
Component
- Services
- Software/Platform
- Hardware
Deployment
- On-Premise
- Hybrid
- Cloud
Organization Size
- Small & Medium Size Business
- Large Enterprise
Connectivity
- Wired
- Wireless
End-User
- Others
- Buildings and Infrastructure
- Life Sciences
- Food & Beverage
- Pulp and Paper
- Automotive and Transportation
- Metals and Mining
- Energy & Utilities
- Marine & Ports
- Chemicals
- Oil & Gas
Technology
- Process Control Domains (PCD)
- Building Management / Automation Systems (BAS)
- Distributed Control Systems (DCS)
- Safety Instrumented Systems (SIS)
- Programmable Logic Controllers (PLC)
- Supervisory Control and Data Acquisition (SCADA)
Frequently Asked Questions
The South Korea Operational Technology Market is segmented based on Segmentation Component,Deployment,Organization Size,Connectivity,End-User,Technology.
South Korea Operational Technology Market was valued at USD 849.79(Revenue in USD Million) in 2021.
South Korea Operational Technology Market is projected to grow at a CAGR of 10.89% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Operational Technology Market for final year is USD 1,537.99 (USD Million).
South Korea Operational Technology Market Company Profiling
Frequently Asked Questions
The South Korea Operational Technology Market is segmented based on Segmentation Component,Deployment,Organization Size,Connectivity,End-User,Technology.
South Korea Operational Technology Market was valued at USD 849.79(Revenue in USD Million) in 2021.
South Korea Operational Technology Market is projected to grow at a CAGR of 10.89% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Operational Technology Market for final year is USD 1,537.99 (USD Million).
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