
South Korea Connected Agriculture Market
South Korea Connected Agriculture Market Research Report By Technology (Internet of Things, Satellite Imagery, Drones, Big Data Analytics, Cloud Computing), By Application (Precision Farming, Livestock Monitoring, Greenhouse Automation, Supply Chain Management, Farm Management Software), By End Use (Farms, Agricultural Cooperatives, Food Processing Enterprises, Research Institutions) and By Deployment (On-Premises, Cloud-Based, Hybrid)-Forecast to 2035
Market Segment Insights
South Korea Connected Agriculture Market Segment Insights
Connected Agriculture Market Technology Insights
The South Korea Connected Agriculture Market, particularly within the technology segment, showcases a dynamic landscape that is shaped by advancements in various emerging technologies. The proliferation of the Internet of Things (IoT) has become a cornerstone in modern agricultural practices, facilitating real-time data collection and smart farming operations.
This technology enables farmers to monitor soil conditions, weather patterns, and crop health remotely, enhancing decision-making processes and maximizing yields. Moreover, satellite imagery plays a pivotal role in precision agriculture, allowing farmers to assess field conditions and implement tailored strategies for crop management effectively.
The use of drones is gaining traction, providing aerial imagery for crop monitoring and reducing labor costs, while also allowing for timely interventions such as targeted pesticide or fertilizer application. Big Data Analytics further complements these technologies by enabling farmers to analyze large sets of operational data. This analysis helps in identifying trends and patterns that drive productivity, improving overall farm efficiency. Cloud Computing supports these technological innovations by offering scalable resources that aid in data storage and processing.
Collectively, these technologies represent a significant evolution in South Korea's agricultural sector, paving the way for sustainable practices and enhanced food security. As the agricultural landscape continues to evolve in South Korea, governments and businesses are investing heavily in these technologies to address the challenges posed by climate change, population growth, and the need for increased productivity. The integration of technology within agriculture is not just a trend but a necessary adaptation to ensure long-term viability and economic growth in this critical sector.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Connected Agriculture Market Application Insights
The South Korea Connected Agriculture Market is witnessing substantial growth, particularly within the Application segment, where technologies are employed to enhance productivity and efficiency in the agricultural sector. Precision Farming is gaining traction as it leverages data analytics and IoT devices to optimize crop yields and manage resources effectively, contributing significantly to sustainable practices. Livestock Monitoring solutions are vital, providing real-time health and location tracking of animals, thereby increasing operational efficiencies and productivity for farmers.
Greenhouse Automation is becoming more prominent, utilizing sensor technology and climate control systems to ensure optimal growing conditions, directly impacting crop quality and production rates. Supply Chain Management applications are essential for improving the traceability and transparency of agricultural products, catering to the increasing consumer demand for sustainable sourcing. Farm Management Software offers integrated solutions, streamlining various agricultural operations from planning to execution, enabling farmers to make data-driven decisions.
Collectively, these solutions are shaping the landscape of the agricultural industry in South Korea, driven by technological advancements and the increasing need for efficient farming practices. The market growth is supported by government initiatives aimed at promoting smart agriculture, thus presenting numerous opportunities for innovation in this sector.
Connected Agriculture Market End Use Insights
The South Korea Connected Agriculture Market, prominently categorized by End Use, is witnessing expansive growth driven by various sectors, including Farms, Agricultural Cooperatives, Food Processing Enterprises, and Research Institutions. Farms play a crucial role, as they increasingly adopt smart farming technologies to optimize crop yields and resource utilization, hence enhancing productivity. Agricultural Cooperatives contribute to this market by fostering collaboration among farmers, leveraging collective data for better decision-making and operational efficiency.
Food Processing Enterprises focus on integrating connected technologies to enhance supply chain transparency and food safety, responding to consumer demand for traceability and quality assurance. Moreover, Research Institutions are essential for driving innovation, conducting studies that lead to the development of advanced agricultural technologies and practices. Overall, these segments demonstrate significant synergies within the South Korea Connected Agriculture Market, offering opportunities for advancements in efficiency and sustainability as the importance of technology in agriculture continues to rise.
Connected Agriculture Market Deployment Insights
The Deployment segment of the South Korea Connected Agriculture Market represents a vital component of the overall digital transformation in the agricultural industry. As the country seeks to enhance its agricultural efficiency and productivity, various deployment methods such as On-Premises, Cloud-Based, and Hybrid solutions play crucial roles. On-Premises systems are favored by traditional agricultural enterprises that require tighter control over their data and processes, ensuring compliance with local regulations. Cloud-Based deployment, on the other hand, is increasingly gaining traction due to its flexibility, scalability, and lower initial costs, making advanced farming technologies accessible to small and medium-sized enterprises across South Korea.
Hybrid solutions combine the strengths of both On-Premises and Cloud-Based deployments, providing businesses with a tailored approach that optimizes resource management and real-time data analytics capabilities. The rapid advancement of IoT, big data, and artificial intelligence technologies further drives the growth of these deployment methods in the South Korea Connected Agriculture Market, addressing the need for smarter farming practices that support food security and sustainability. As the agricultural sector faces challenges such as labor shortages and climate change, these deployment strategies present significant opportunities for innovation and improved productivity.
Report Scope
Report Attribute/Metric Source: | Details |
MARKET SIZE 2023 | 200.41(USD Million) |
MARKET SIZE 2024 | 222.25(USD Million) |
MARKET SIZE 2035 | 806.65(USD Million) |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 12.433% (2025 - 2035) |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
BASE YEAR | 2024 |
MARKET FORECAST PERIOD | 2025 - 2035 |
HISTORICAL DATA | 2019 - 2024 |
MARKET FORECAST UNITS | USD Million |
KEY COMPANIES PROFILED | Naver, CropX, Hyundai, SK Telecom, Mirae Asset Daewoo, AgriTech, Samsung Electronics, FarmLink, Silla University, AgriData, SmartFarm, POSCO, LG Electronics, Baidu, Kakao |
SEGMENTS COVERED | Technology, Application, End Use, Deployment |
KEY MARKET OPPORTUNITIES | Smart irrigation solutions, AI-driven crop management, IoT-enabled livestock monitoring, Precision farming technologies, Sustainable agriculture practices |
KEY MARKET DYNAMICS | Increased farm productivity, Technological adoption, Sustainable farming practices, Government support initiatives, Climate change impact |
COUNTRIES COVERED | South Korea |
FAQs
What is the expected market size of the South Korea Connected Agriculture Market in 2024?
The South Korea Connected Agriculture Market is expected to be valued at 222.25 million USD in 2024.
What is the projected market size for the South Korea Connected Agriculture Market by 2035?
The market is projected to reach a value of 806.65 million USD by 2035.
What is the expected CAGR for the South Korea Connected Agriculture Market from 2025 to 2035?
The expected CAGR for the South Korea Connected Agriculture Market from 2025 to 2035 is 12.433%.
Which technology sub-segment is expected to be the largest in the South Korea Connected Agriculture Market by 2035?
By 2035, the Internet of Things is expected to be the largest sub-segment at a valuation of 250.0 million USD.
What is the market size for the Satellite Imagery segment in 2024?
The market for the Satellite Imagery segment is valued at 50.0 million USD in 2024.
Who are the major players in the South Korea Connected Agriculture Market?
Key players include Naver, CropX, Hyundai, SK Telecom, and Samsung Electronics among others.
What will be the market size for Drones in the South Korea Connected Agriculture Market by 2035?
The Drones segment is projected to reach a market size of 150.0 million USD by 2035.
What is the expected market size for Big Data Analytics in 2024?
The expected market size for Big Data Analytics in 2024 is 30.0 million USD.
What are some key trends driving growth in the South Korea Connected Agriculture Market?
Key trends include the adoption of advanced technologies like IoT and Big Data analytics.
How will the Cloud Computing segment perform in terms of market size by 2035?
The Cloud Computing segment is expected to reach a market size of 126.65 million USD by 2035.
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