South Korea Agriculture IoT Market (2025-2031) | Outlook, Industry, Size, Value, Companies, Analysis, Forecast, Growth, Share, Revenue & Trends

South Korea Agriculture IoT Market Highlights

Report Name	South Korea Agriculture IoT Market
Forecast period	2025-2031
CAGR	10.1%
Growing Sector	Precision Farming

Topics Covered in the South Korea Agriculture IoT Market Report

The South Korea Agriculture IoT Market report thoroughly covers the market by Hardware Type, by Farm Type, by Farm Production Planning Stage, and by Application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

South Korea Agriculture IoT Market Synopsis

The South Korea Agriculture IoT market is expected to experience significant growth due to government support and initiatives promoting sustainable agriculture practices. However, the challenge of high initial investment costs may hinder its adoption among small-scale farmers. Advanced agricultural practices such as precision farming are driving the demand for efficient irrigation systems and thus, increasing the need for agricultural pumps in the country. Overall, there is a positive outlook for the future of the agricultural pump market in South Korea.

According to 6Wresearch, South Korea Agriculture IoT Market size is expected to grow at a significant CAGR of 10.1% during 2025 - 2031. The South Korean government has been actively promoting and supporting the use of IoT in agriculture. The support from the government has encouraged farmers to adopt IoT technologies, leading to increased efficiency and productivity in their operations. This has driven the demand for the market. With the advancement of technology, new tools and equipment have been developed that can greatly improve efficiency and reduce costs. IoT solutions such as sensors, drones, and automated machinery are being used in South Korean farms to monitor soil conditions, track livestock movements, and automate tasks like harvesting.

These technologies not only save time but also provide farmers with valuable data insights that help them to make more informed decisions. With a growing focus on health and sustainability, there is an increasing demand for high-quality, organic produce in South Korea. IoT solutions can help farmers meet these demands by providing real-time data on crop growth and allowing for precision farming techniques. Further, one of the main challenges for small-scale farmers in adopting IoT solutions is the initial investment costs. Setting up sensors and other equipment is expensive, making it difficult for some farmers to afford these technologies. IoT technologies rely on a stable internet connection and proper infrastructure for data transmission. This can be a challenge in rural areas with limited access to high-speed internet or adequate network coverage. With the collection of large amounts of sensitive data from farms, data privacy and security have become major concerns.

South Korea Agriculture IoT Market: Leading Players

One of the leading players in the Agriculture IoT market in South Korea is Samsung, a global technology giant. The company has been focusing on developing smart farming solutions using IoT technology to increase productivity and efficiency for farmers. SK Telecom, one of the largest telecommunication companies in the country, has also entered the Agriculture IoT market by offering various services such as soil condition monitoring and livestock tracking. Another key player is Nongshim, a major food and beverage company that has been investing in Agricultural IoT technology for sustainable farming practices.

South Korea Agriculture IoT Market: Government Regulations

The government of South Korea has been actively promoting digitalization and innovation in agriculture through various initiatives. In 2021, the Ministry of Agriculture, Food and Rural Affairs announced a plan to invest USD 340 million in smart farming technology over the next five years. This includes developing IoT-based solutions for precision agriculture, farm management systems, and real-time monitoring of crops and livestock. The government has also been collaborating with private companies to develop advanced technologies such as drone-based crop monitoring and autonomous farming equipment.

Future Insights of the South Korea Agriculture IoT Market

The Agriculture IoT market in South Korea is expected to witness significant growth in the coming years. With increasing pressure on farmers to produce more food while minimizing environmental impact, there is a growing demand for smart and sustainable farming solutions. The country's advanced technological infrastructure and strong government support are expected to drive the adoption of Agriculture IoT in the agriculture sector. Additionally, the rising trend of smart farming and precision agriculture is also expected to contribute to market growth.

Market Segmentation by Hardware Type

According to Ravi Bhandari, Research Head, 6Wresearch, the Precision Farming Hardware segment is dominating the market. Precision farming hardware includes devices such as GPS-based guidance systems, drones, sensors, and automated irrigation systems that enable farmers to monitor and manage their crops accurately. These technologies help in optimizing the use of resources such as water, fertilizers, and pesticides, resulting in increased productivity and reduced costs.

Market Segmentation by Farm Type

Based on the Farm Type, the mid-sized farm segment is growing at a faster rate. This can be attributed to government support and initiatives aimed at promoting sustainable and efficient farming practices among mid-sized farms.

Market Segmentation by Farm Production Planning Stage

Based on the Farm Production Planning Stage, Production Planning is currently witnessing faster growth and presents lucrative opportunities for companies in the Agriculture IoT market. This can be attributed to the increasing demand for precision farming and smart agriculture practices. Additionally, government initiatives and funding for smart farming projects have also contributed to the growth of the Production Planning segment in the Agriculture IoT market.

Market Segmentation by Application

Based on the Application, the Precision Farming segment is growing in the market. It utilizes advanced technologies such as sensors, drones, and data analytics to optimize crop production.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• South Korea Agriculture IoT Market Outlook
• Market Size of South Korea Agriculture IoT Market, 2024
• Forecast of South Korea Agriculture IoT Market, 2031
• Historical Data and Forecast of South Korea Agriculture IoT Revenues & Volume for the Period 2021 - 2031
• South Korea Agriculture IoT Market Trend Evolution
• South Korea Agriculture IoT Market Drivers and Challenges
• South Korea Agriculture IoT Price Trends
• South Korea Agriculture IoT Porter's Five Forces
• South Korea Agriculture IoT Industry Life Cycle
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Hardware Type for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Precision Farming Hardware for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Precision Livestock Hardware for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Precision Aquaculture Hardware for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Precision Forestry Hardware for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Smart Greenhouses Hardware for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Others Hardware for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Farm Type for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Large for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Mid-Sized for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Small Farms for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Farm Production Planning Stage for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Pre-Production Planning for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Production Planning for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Post-Production Planning for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Application for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Precision Farming for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Precision Livestock for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Precision Aquaculture for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Precision Forestry for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Smart Greenhouses for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Agriculture IoT Market Revenues & Volume By Others for the Period 2021 - 2031
• South Korea Agriculture IoT Import Export Trade Statistics
• Market Opportunity Assessment By Hardware Type
• Market Opportunity Assessment By Farm Type
• Market Opportunity Assessment By Farm Production Planning Stage
• Market Opportunity Assessment By Application
• South Korea Agriculture IoT Top Companies Market Share
• South Korea Agriculture IoT Competitive Benchmarking By Technical and Operational Parameters
• South Korea Agriculture IoT Company Profiles
• South Korea Agriculture IoT Key Strategic Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments:

By Hardware Type

• Precision Farming Hardware
• Precision Livestock Hardware
• Precision Aquaculture Hardware
• Precision Forestry Hardware
• Smart Greenhouses Hardware
• Others Hardware

By Farm Type

• Large
• Mid-Sized
• Small Farms

By Farm Production Planning Stage

• Pre-Production Planning
• Production Planning
• Post-Production Planning

By Application

• Precision Farming
• Precision Livestock
• Precision Aquaculture
• Precision Forestry
• Smart Greenhouses
• Others