South-Korea Agriculture IoT Market Size, Share,Trends, Growth Analysis Report, 2030

Name: South-Korea Agriculture IoT Market Size, Share,Trends, Growth Analysis Report, 2030
Creator: MarketsandMarkets

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You are viewing: South Korea Agriculture IoT Market analysis

Part of: Agriculture IoT Market (Global)

The South Korea Agriculture IoT Market was valued at $101.4 Million in 2025 and projected to reach to $129.8 Million by 2030, representing a compound annual growth rate of 5.1%. South Korea's Agriculture IoT market is poised for sustained growth driven by the country's technological prowess and commitment to agricultural modernization.

South Korea Agriculture IoT Market (2025-2030) : Size and Share

CAGR of

USD Million

South Korea Agriculture IoT Market Trends and Insights

South Korea's advanced technological infrastructure and strong semiconductor industry position the country as a key player in precision agriculture adoption.
The market in South Korea is driven by increasing farm automation, government support for smart farming initiatives, and rising demand for data-driven agricultural solutions among both large-scale and smallholder farmers. South Korea's Agriculture IoT sector benefits from the nation's expertise in electronics manufacturing and digital connectivity.
Between 2025 and 2030, South Korea is expected to see accelerated deployment of IoT sensors, drones, and farm management software across crop monitoring, irrigation control, and livestock management applications.
South Korea's focus on sustainable agriculture and resource efficiency further supports market expansion, as farmers increasingly adopt connected devices to optimize yields and reduce environmental impact..

Key Market Statistics

CAGR (2025-2030) 5.1% CAGR
Market Size, 2025 ~USD 101.4 Million
Forecast, 2030 ~USD 129.8 Million
Country South Korea

South Korea Agriculture IoT Market Overview

Market Valuation :

South Korea's Agriculture IoT market is valued at USD 101.4 million in 2025, with projections reaching USD 129.8 million by 2030, representing steady growth in the precision agriculture sector.

Growth Rate :

The market expands at a CAGR of 5.1% through 2030, outpacing global average growth rates and reflecting strong domestic adoption of smart farming technologies.

Technological Leadership :

South Korea's advanced semiconductor industry and robust technological infrastructure position it as a regional leader in IoT-enabled precision agriculture solutions and smart farming innovations.

Market Drivers :

Increasing farm automation, government support for smart agriculture initiatives, and labor shortage challenges are propelling IoT adoption among South Korean agricultural enterprises.

South Korea Agriculture IoT Market Dynamics

The integration of IoT solutions in farming operations addresses critical challenges including labor scarcity and the need for improved crop yields.
South Korea's strong semiconductor manufacturing base provides competitive advantages in developing cost-effective IoT devices and sensors tailored for agricultural applications. Looking ahead to 2030, the market will benefit from increased government investments in smart farming infrastructure, rising farmer awareness of precision agriculture benefits, and expanding digital connectivity in rural areas.
Collaborations between technology companies and agricultural cooperatives will accelerate IoT adoption, while advancements in AI and data analytics will enhance the value proposition of smart farming solutions for South Korean producers..

Related Ecosystem

Electronics System And Components

Top Technologies

Sensors
Temperature Sensors
Pressure Sensors
Actuators
Image Sensors

Top Companies

Lenovo
Samsung
Texas Instruments Incorporated
HONEYWELL INTERNATIONAL INC.
Teledyne Technologies Incorporated

Internet Of Things And M2M

Top Technologies

Sensors
Cellular Network
Digital Signal Processor (DSP)
Global Positioning System (GPS)
Image Sensors

Top Companies

MITSUI ELECTRONICS INC
MICROSOFT CORPORATION
INTEL CORPORATION
Amazon.com, Inc.
Cisco Systems, Inc.

Key Takeaways

South Korea's Agriculture IoT market is valued at USD 101.4 million in 2025 and will reach USD 129.8 million by 2030 at a 5.1% CAGR.
South Korea leverages its semiconductor and electronics expertise to drive IoT adoption in precision agriculture and farm automation.
Government smart farming initiatives and sustainability mandates in South Korea are accelerating IoT sensor and drone deployment across agricultural operations.
South Korea's market growth is supported by strong digital infrastructure, high broadband penetration, and farmer demand for data-driven decision-making tools.

Agriculture IoT Market Report Scope

Report Metric	Details
Base Year	2025
Fastest Growing Segment	GPS TRACKERS (Type)
Forecast Period	2025-2030
Growth Rate	CAGR of 7.3% from 2025 to 2030
Largest Segment	PRECISION FARMING HARDWARE (Hardware)
Market Size Base Year (Billions)	~USD 8.87 (2025)
Revenue Forecast (Billions)	~USD 12.61 (2030)
Segments Covered	Hardware, Type, Drones/Uavs, Application, Farm Production Planning, Farm Size

South Korea Agriculture IoT Market Report Segmentation

6 segment dimensions are covered across the global market.

By Hardware

Livestock Monitoring Hardware
Monitoring Hardware
Other Hardware
Precision Aquaculture Hardware
Precision Farming Hardware
Precision Forestry Hardware
Smart Greenhouse Hardware

By Type

Automation & Control Systems
Camera Systems
Cameras
Climate Sensors
Control Systems
Drones/Uavs
Gps Trackers
Gps/Gnss Trackers
Guidance & Steering
Harvester & Forwarder
Hvac Systems
Irrigation Controllers
Irrigation Systems
Led Grow Lights
Other Automation & Control Systems
Other Precision Aquaculture Hardware
Other Precision Forestry Hardware
Rfid Sensors
Rfid Tags & Readers
Sensing & Monitoring Devices
Sensors
Sensors & Cameras
Soil Sensors
Uavs/Drones
Variable Rate Controllers
Water Sensors
Yield Monitors

By Drones/Uavs

Drones/Uavs

By Application

Livestock Monitoring
Other Applications
Precision Aquaculture
Precision Farming
Precision Forestry
Smart Greenhouse

By Farm Production Planning

Post-Production
Pre-Production
Production
Production Planning

By Farm Size

Large
Medium
Small

Target Audience

IoT Technology Providers : Companies developing sensors, connectivity solutions, and IoT platforms need South Korea-specific market data to identify growth opportunities and tailor offerings to local agricultural requirements.
Agricultural Equipment Manufacturers : Producers of farming machinery and equipment require insights into IoT integration trends in South Korea to develop smart-enabled products and capture market share in precision agriculture.
Investment & Venture Capital Firms : Investors evaluating opportunities in South Korea's agritech sector need detailed market analysis, growth projections, and competitive landscape data to make informed funding decisions.
Government & Policy Makers : Agricultural ministry officials and policy advisors use market intelligence to develop smart farming initiatives, subsidies, and regulatory frameworks supporting IoT adoption in South Korean agriculture.
Agricultural Cooperatives & Farmers : Farming organizations and agricultural enterprises need market insights to understand IoT solution options, adoption trends, and ROI potential for implementing precision agriculture technologies.

Reasons to Buy this Report

Market-Specific Insights : Gain detailed understanding of South Korea's unique Agriculture IoT landscape, including local market dynamics, regulatory environment, and technology adoption patterns specific to Korean farming operations.
Competitive Intelligence : Identify key players, market leaders, and emerging competitors in South Korea's Agriculture IoT sector to benchmark your position and develop targeted market entry or expansion strategies.
Investment Decision Support : Access comprehensive valuation data, growth projections, and market forecasts to support investment decisions, funding allocations, and business development initiatives in South Korea's precision agriculture sector.
Strategic Planning : Leverage country-specific market analysis to inform product development, partnership strategies, and go-to-market approaches tailored to South Korean agricultural stakeholders and technology preferences.
Risk Assessment : Understand market challenges, barriers to adoption, and regulatory considerations specific to South Korea to mitigate risks and identify opportunities for sustainable business growth.

Frequently asked questions

What is the current size of South Korea's Agriculture IoT market?

South Korea's Agriculture IoT market is valued at USD 101.4 million in 2025.

What is the projected market size for South Korea's Agriculture IoT sector by 2030?

South Korea's Agriculture IoT market is projected to reach USD 129.8 million by 2030.

What is the CAGR for South Korea's Agriculture IoT market from 2025 to 2030?

South Korea's Agriculture IoT market is expected to grow at a CAGR of 5.1% between 2025 and 2030.

What are the main drivers of growth in South Korea's Agriculture IoT market?

Key drivers in South Korea include government smart farming initiatives, farm automation demand, strong digital infrastructure, and farmer adoption of data-driven agricultural solutions.

How does South Korea's semiconductor industry support Agriculture IoT growth?

South Korea's advanced semiconductor and electronics manufacturing capabilities enable cost-effective production of IoT sensors, connectivity devices, and farm management platforms for precision agriculture applications.

RESEARCH METHODOLOGY

The research study involved four major steps in estimating the size of the agriculture IoT market. Exhaustive secondary research has been done to collect important information about the market and peer markets. The next step has been to validate these findings and assumptions and size them with the help of primary research with industry experts across the value chain. Both top-down and bottom-up approaches have been used to estimate the market size. After this, the market breakdown and data triangulation approaches have been adopted to estimate the market sizes of segments and subsegments.

Secondary Research

Various secondary sources have been referred to in the secondary research process to identify and collect important information for this study. The secondary sources include annual reports, press releases, and investor presentations of companies; white papers; journals and certified publications; and articles from recognized authors, websites, directories, and databases. Secondary research has been conducted to obtain key information about the industry's supply chain, the market's value chain, the total pool of key players, market segmentation according to the industry trends (to the bottom-most level), regional markets, and key developments from market- and technology-oriented perspectives. The secondary data has been collected and analyzed to determine the overall market size, further validated by primary research.

Primary Research

Extensive primary research has been conducted after understanding the agriculture IoT market scenario through secondary research. Several primary interviews have been conducted with key opinion leaders from demand- and supply-side vendors across major regions— North America, Europe, Asia Pacific, RoW. This primary data has been collected mainly through telephonic interviews, which consist of 80% of the total primary interviews; questionnaires, and emails:

Note: Others include sales, marketing, and product managers.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

In the market engineering process, both top-down and bottom-up approaches and data triangulation methods have been used to estimate and validate the size of the agriculture IoT and other dependent submarkets. The research methodology used to estimate the market sizes includes the following:

Identifying the players in the agriculture IoT market, along with their offerings
Analyzing major manufacturers of agriculture IoT Solutions, studying their portfolios, and understanding several types of products based on their features and functions
Tracking ongoing and upcoming developments in the market, such as investments made, R&D activities, product launches, acquisitions, partnerships, and forecasting the market based on these developments and other critical parameters
Identification of each hardware of the agriculture IoT offered by the ecosystem players
Consideration of revenues generated by agriculture IoT solution manufacturers for each type of hardware
Identification of trends of the agriculture IoT market for each hardware in each region (North America, Europe, Asia Pacific, Rest of the World) and calculation of market size
Summation of the market size of all hardware and deriving the total market size (USD million)
Conducting multiple discussions with key opinion leaders to understand different agriculture IoT hardware, applications, and current trends in the market, thereby analyzing the breakup of the scope of work carried out by major manufacturing companies
Arriving at the market estimates by analyzing the revenues of these companies generated from different types of products, and then combining the same to get the market estimate by region
The pricing of various product types is calculated separately to analyze the shipment of the precision farming hardware category.
Verifying and cross-checking the estimates at every level by discussing with key opinion leaders, such as CXOs, directors, and operations managers, and finally with the domain experts in MarketsandMarkets
Studying various paid and unpaid sources of information, such as annual reports, press releases, white papers, and databases

Agriculture IoT Market : Top-Down and Bottom-Up Approach

Oil Condition Monitoring Market Top Down and Bottom Up Approach

Data Triangulation

After arriving at the overall market size, using the market size estimation processes as explained above, the market has been split into several segments and subsegments. Data triangulation and market breakdown procedures have been employed to complete the entire market engineering process and arrive at each market segment's and subsegment's exact statistics. The data has been triangulated by studying various factors and trends from the demand and supply sides in the agriculture IoT market.

Market Definition

The Agriculture IoT Market encompasses solutions that assess and track the quality, performance, and health of Agriculture IoT refers to the application of Internet of Things (IoT) technologies in agriculture, where interconnected devices such as sensors, monitors, cameras, controllers, and connectivity technologies are used in farming operations to collect and exchange real-time data. This integration enables monitoring, analysis, and optimization of agricultural activities, facilitating precision farming, efficient resource utilization (such as water, fertilizers, and energy), enhanced crop and livestock management, and data-driven decision-making to improve productivity, sustainability, and operational efficiency.

Key Stakeholders

Agriculture IoT component providers
Product manufacturers
Agriculture IoT-related associations, organizations, forums, and alliances
Government and corporate bodies
Research institutes and organizations
Venture capitalists, private equity firms, and start-ups
Distributors and traders
End users
Market research and consulting firms
Agri-food buyers
Agriculture technology providers

Report Objectives

To describe and forecast the size of the agriculture IoT market by hardware, farm size, farm production planning, application, and region in terms of value
To estimate the market size of various segments across four key regions, North America, Europe, Asia Pacific, and RoW, in terms of value
To forecast the size of the agriculture IoT market by automation & control systems, in terms of volume
To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the agriculture IoT market
To evaluate the agriculture IoT value chain and ecosystem, along with the average selling price of drones/UVAs
To strategically analyze the regulatory landscape, tariffs, standards, patents, Porter's five forces, import and export scenarios, AI/Gen AI impact, trade values, the 2025 US Tariff, and case studies pertaining to the market under study
To understand micromarkets with regard to individual growth trends, prospects, and contributions to the overall market
To study opportunities in the market for stakeholders by identifying high-growth segments
To provide details of the competitive landscape for market leaders
To offer details of the macroeconomic outlook for regions
To analyze strategies such as product launches, contracts, collaborations, and acquisitions adopted by players in the agriculture IoT market
To profile key players in the agriculture IoT market and comprehensively analyze their market ranking based on their revenue, market share, and core competencies

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:

Detailed analysis and profiling of additional market players based on various blocks of the supply chain

Get the Full Agriculture IoT Market Report

Full forecast, segment splits, and company analysis for all Agriculture IoT Market.

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REPORT COVERAGE

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Report Description
Market Overview
Market Dynamics
Related Ecosystem
Key Takeaways
Market Scope
Report Segmentation
Target Audience
Key Companies

Market Size in	USD 26.32 MN
Market Forecast in
CAGR
Forecast Period
Units Considered	Value (USD MN)