South Korea Radio-Frequency Identification Technology (RFID) Market to 2032

Overview

The South Korea Radio-Frequency Identification Technology (RFID) Market is expected to reach a 4,373.92 USD Billion by 2032 and is projected to grow at a CAGR of 21.16% from 2025 to 2032.

Revenue, 2024 (USD Billion)
1,331.03
Forecast, 2032 (USD Billion)
4,373.92
CAGR, 2024 - 2032
21.16%
Report Coverage
South Korea

South Korea Radio-Frequency Identification Technology (RFID) Market 2018-2032 USD Billion

South Korea Radio-Frequency Identification Technology (RFID) Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 1,331.03 USD Billion
  • Projected Market Size (2032): 4,373.92 USD Billion
  • CAGR (2025-2032): 21.16%

Key Findings of South Korea Radio-Frequency Identification Technology (RFID) Market

  • The South Korea Radio-Frequency Identification Technology (RFID) Market was valued at 1,331.03 USD Billion in 2024.
  • The South Korea Radio-Frequency Identification Technology (RFID) Market is likely to grow at a CAGR of 21.16% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Tags in Product Segment accounted for the largest share of the market with a revenue of 804.82 USD Billion
  • The fastest growing segment Consumer Package Goods in End User Segment grew Fastest with a CAGR of 22.69% during the forecast period from 2024 to 2032.

South Korea Radio-Frequency Identification Technology (RFID) Market Scope

South Korea Radio-Frequency Identification Technology (RFID) Market Segmentation & Scope
Product
  • Software Tools
  • Readers
  • Tags
End User
  • Education
  • Healthcare
  • Others
  • Consumer Package Goods
  • Retail
  • Transportation
  • Industrial

South Korea Radio-Frequency Identification Technology (RFID) Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Billion
Market Value in 2024 1,331.03 USD Billion
Market Value in 2032 4,373.92 USD Billion
CAGR (2025-2032) 21.16%
Historic Data 2016-2023
Market Segments Covered Product,End User

Regional Insights:

  • Leading Market (2024-2032): South Korea, leading in terms of revenue 1,331.03 USD Billion in 2024
    • Key Country: South Korea, leading in terms of revenue with value of 1,331.03 USD Billion in 2024.

Segments and Scope

  • South Korea Radio-Frequency Identification Technology (RFID) Market to 2032, By Product
    • Tags is the largest segment in South Korea Radio-Frequency Identification Technology (RFID) Market to 2032 with a revenue of 804.82 USD Billion in the year 2024.
    • Tags is the Fastest growing segment in South Korea Radio-Frequency Identification Technology (RFID) Market to 2032 with a Growth rate of 21.57 % in forecast period 2025-2032.
  • South Korea Radio-Frequency Identification Technology (RFID) Market to 2032, By End User
    • Industrial is the largest segment in South Korea Radio-Frequency Identification Technology (RFID) Market to 2032 with a revenue of 546.59 USD Billion in the year 2024.
    • Consumer Package Goods is the Fastest growing segment in South Korea Radio-Frequency Identification Technology (RFID) Market to 2032 with a Growth rate of 21.33 % in forecast period 2025-2032.

South Korea Radio-Frequency Identification Technology (RFID) Market Company Share Analysis

 
South Korea Radio-Frequency Identification Technology (RFID) Market Company Share Analysis
South Korea Radio-Frequency Identification Technology (RFID) Market Company Share Analysis

South Korea Radio-Frequency Identification Technology (RFID) Market Geographical Sales Distribution, 2018-2032 USD Billion

South Korea Radio-Frequency Identification Technology (RFID) Market Geographical Sales Distribution, 2018-2032 USD Billion

South Korea Radio-Frequency Identification Technology (RFID) Market Company Profiling

South Korea Radio-Frequency Identification Technology (RFID) Market Company Profiling
Frequently Asked Questions
The South Korea Radio-Frequency Identification Technology (RFID) Market is segmented based on Segmentation Product,End User.
South Korea Radio-Frequency Identification Technology (RFID) Market was valued at USD 1,331.03(Revenue in USD Billion) in 2022.
South Korea Radio-Frequency Identification Technology (RFID) Market is projected to grow at a CAGR of 21.16% during the forecast period of 2024 to 2032.
The Tags segment is expected to dominate the South Korea Radio-Frequency Identification Technology (RFID) Market, holding a largest market share of 804.82 USD Billion in 2024

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South Korea Radio-Frequency Identification Technology (RFID) Market Scope

South Korea Radio-Frequency Identification Technology (RFID) Market Segmentation & Scope
Product
  • Software Tools
  • Readers
  • Tags
End User
  • Education
  • Healthcare
  • Others
  • Consumer Package Goods
  • Retail
  • Transportation
  • Industrial
Frequently Asked Questions
The South Korea Radio-Frequency Identification Technology (RFID) Market is segmented based on Segmentation Product,End User.
South Korea Radio-Frequency Identification Technology (RFID) Market was valued at USD 1,331.03(Revenue in USD Billion) in 2022.
South Korea Radio-Frequency Identification Technology (RFID) Market is projected to grow at a CAGR of 21.16% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Radio-Frequency Identification Technology (RFID) Market for final year is USD 4,373.92 (USD Billion).

South Korea Radio-Frequency Identification Technology (RFID) Market Company Profiling

South Korea Radio-Frequency Identification Technology (RFID) Market Company Profiling
Frequently Asked Questions
The South Korea Radio-Frequency Identification Technology (RFID) Market is segmented based on Segmentation Product,End User.
South Korea Radio-Frequency Identification Technology (RFID) Market was valued at USD 1,331.03(Revenue in USD Billion) in 2022.
South Korea Radio-Frequency Identification Technology (RFID) Market is projected to grow at a CAGR of 21.16% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Radio-Frequency Identification Technology (RFID) Market for final year is USD 4,373.92 (USD Billion).

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