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South Korea Internet Of Senses Market

ID: MRFR/ICT/62985-HCR
200 Pages
Aarti Dhapte
October 2025

South Korea Internet of Senses Market Size, Share and Trends Analysis Report By Component (Hardware, Software), By Technology (Artificial Intelligence, Virtual Reality, Augmented Reality, Others), By Application (Hearing, Sight, Smell, Taste, Touch, Mind), and By End User (Consumer, Enterprise, Retail)- Forecast to 2035

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South Korea Internet Of Senses Market Summary

As per Market Research Future analysis, the South Korea Internet of Senses Market Size was estimated at 50.45 USD Million in 2024. The South Korea internet of-senses market is projected to grow from 56.82 USD Million in 2025 to 186.5 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 12.6% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The South Korea The internet of-senses market is poised for substantial growth, driven by technological advancements and increased consumer engagement.

  • The largest segment in the South Korea internet of-senses market is wearable technology, which continues to evolve rapidly.
  • The fastest-growing segment is immersive experience applications, reflecting a shift in consumer preferences towards more engaging interactions.
  • Technological advancements and government initiatives are fostering a conducive environment for market expansion.
  • Rising demand for immersive experiences and integration of artificial intelligence are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 50.45 (USD Million)
2035 Market Size 186.5 (USD Million)
CAGR (2025 - 2035) 12.62%

Major Players

Google (US), Microsoft (US), Apple (US), Samsung (KR), Sony (JP), Facebook (US), Amazon (US), NVIDIA (US)

South Korea Internet Of Senses Market Trends

The internet of-senses market is currently experiencing notable growth in South Korea. This growth is driven by advancements in technology and increasing consumer interest in immersive experiences. This market encompasses a range of applications, including virtual reality, augmented reality, and sensory-enhancing devices that aim to create more engaging interactions. As South Korea continues to invest in digital infrastructure and innovation, the potential for the internet of-senses market appears promising. The government’s support for research and development in this field further indicates a commitment to fostering an environment conducive to technological advancements. Moreover, the cultural landscape in South Korea, characterized by a strong emphasis on entertainment and technology, seems to play a crucial role in shaping consumer preferences. The rise of smart devices and the integration of sensory technologies into everyday life suggest that the internet of-senses market could see increased adoption across various sectors, including gaming, education, and healthcare. As companies explore new ways to enhance user experiences, the market is likely to evolve rapidly, presenting opportunities for innovation and collaboration among stakeholders. Overall, the outlook for the internet of-senses market in South Korea appears to be on an upward trajectory, with various factors contributing to its expansion and development.

Technological Advancements

Recent innovations in sensory technology are transforming the internet of-senses market. Developments in haptic feedback, olfactory devices, and immersive audio systems are enhancing user experiences. These advancements are likely to attract more consumers and businesses, fostering a competitive landscape.

Consumer Engagement

The growing interest in immersive experiences among South Korean consumers is driving demand in the internet of-senses market. As individuals seek more interactive and engaging content, businesses are adapting their offerings to meet these evolving preferences, potentially leading to increased market penetration.

Government Initiatives

The South Korean government is actively promoting research and development in sensory technologies. Initiatives aimed at supporting startups and fostering innovation in the internet of-senses market may create a favorable environment for growth, encouraging investment and collaboration among industry players.

South Korea Internet Of Senses Market Drivers

Advancements in Wearable Technology

Advancements in wearable technology are playing a crucial role in the evolution of the internet of-senses market in South Korea. Devices such as smart glasses, haptic suits, and sensory-enhancing wearables are becoming increasingly sophisticated, enabling users to experience augmented and virtual realities in unprecedented ways. The wearable technology market in South Korea is projected to reach approximately $3 billion by 2025, reflecting a growing consumer interest in health, fitness, and immersive experiences. As these technologies become more accessible and affordable, they are likely to drive greater adoption of sensory applications, thereby expanding the internet of-senses market. This trend suggests a future where sensory experiences are seamlessly integrated into daily life, enhancing both personal and professional interactions.

Integration of Artificial Intelligence

The integration of artificial intelligence (AI) into the internet of-senses market is transforming how sensory data is processed and utilized. This transformation is particularly evident in South Korea. AI technologies enable more sophisticated analysis of sensory inputs, allowing for personalized experiences tailored to individual preferences. For instance, AI-driven applications can analyze user behavior and adapt sensory feedback in real-time, enhancing user engagement. The South Korean AI market is expected to grow significantly, with estimates suggesting it will reach a value of around $15 billion by 2025. This growth in AI capabilities is likely to foster innovation within the internet of-senses market, as companies leverage AI to create more intuitive and responsive sensory experiences, thereby attracting a broader consumer base.

Rising Demand for Immersive Experiences

The internet of-senses market is experiencing a notable surge in demand for immersive experiences across various sectors in South Korea. This trend is particularly evident in entertainment, gaming, and virtual reality applications, where consumers seek more engaging and realistic interactions. According to recent data, the market for virtual reality in South Korea is projected to reach approximately $1.5 billion by 2026, indicating a robust growth trajectory. As consumers increasingly prioritize sensory-rich experiences, businesses are compelled to innovate and integrate advanced sensory technologies into their offerings. This rising demand not only enhances user satisfaction but also drives competition among companies to develop cutting-edge solutions, thereby propelling the internet of-senses market forward.

Increased Investment in Research and Development

Increased investment in research and development (R&D) is a significant driver of growth in the internet of-senses market in South Korea. Companies and academic institutions are allocating substantial resources to explore innovative sensory technologies and applications. This focus on R&D is expected to yield breakthroughs in areas such as olfactory and gustatory technologies, which have historically been underexplored. The South Korean government has also recognized the potential of these technologies, providing funding and support for research initiatives. As a result, the internet of-senses market is likely to benefit from a steady influx of new ideas and products, fostering a dynamic environment for innovation and competition.

Growing Consumer Awareness of Sensory Technologies

Growing consumer awareness of sensory technologies is significantly influencing the internet of-senses market in South Korea. As consumers become more informed about the benefits and applications of sensory-enhancing technologies, their willingness to adopt these innovations increases. Educational campaigns and marketing efforts by companies are contributing to this heightened awareness, showcasing how sensory technologies can enhance everyday experiences. Market Research Future indicates that approximately 60% of consumers in South Korea express interest in trying new sensory products, suggesting a strong potential for market growth. This increasing consumer interest is likely to encourage companies to invest in developing and marketing sensory technologies, further propelling the internet of-senses market.

Market Segment Insights

By Component: Hardware (Largest) vs. Software (Fastest-Growing)

In the South Korea internet of-senses market, the component segment is primarily dominated by hardware, which accounts for a significant portion of the total market share. This segment benefits from advanced technological advancements and the proliferation of smart devices that increasingly integrate sensory capabilities. Conversely, the software component, while currently a smaller segment, is rapidly gaining traction and establishes its place with innovative applications that enhance user interaction with hardware devices. Growth trends indicate that the software component is on the path to becoming a major player, driven by the increasing demand for more sophisticated sensory experiences and the integration of artificial intelligence. The rapid evolution of software tools is facilitating the growth of sensor-rich applications, appealing particularly to tech-savvy consumers in South Korea. This emerging trend suggests a future where software will play a pivotal role in the overall ecosystem, complementing existing hardware solutions and driving market expansion.

Hardware (Dominant) vs. Software (Emerging)

The hardware segment within the South Korea internet of-senses market is characterized by a robust foundation built on established technologies. These include IoT devices, sensory hardware, and a range of consumer electronics. This segment serves as the backbone of the market, providing essential components that enable sensory interaction. On the other hand, the software segment is emerging as a vital force, focusing on developing applications that enhance user interface and experience. Although still in its growth phase, the software segment is gaining momentum with increasing investments in R&D, aiming to offer more interactive, user-friendly applications that work seamlessly with existing hardware. This dynamic interplay between hardware dominance and software emergence signifies a transformative phase in achieving a fully integrated internet of senses experience.

By Technology: AI (Largest) vs. VR (Fastest-Growing)

In the South Korea internet of-senses market, the distribution of market share among key technologies reveals a strong dominance of Artificial Intelligence (AI), which has established itself as the largest segment due to its extensive applications across various industries. Following AI, Virtual Reality (VR) holds a significant position with notable growth, as it captivates consumers and businesses alike, enhancing experiences and interactions through immersive technologies. AR and other technologies also contribute to the market but lag behind the prominence of AI and VR. The growth trends in this segment are driven by advancements in AI algorithms, the increasing adoption of VR for entertainment and training applications, and the rising demand for immersive experiences. As technology evolves, AI continues to innovate, providing smart solutions that enhance user engagement while VR is attracting investments for its potential in gaming, education, and remote collaboration. This trend of interconnected growth between AI and VR is expected to accelerate as businesses seek to leverage these technologies for competitive advantage.

Technology: AI (Dominant) vs. VR (Emerging)

AI stands as the dominant force in the South Korea internet of-senses market, leveraging its capabilities to optimize processes, personalize experiences, and drive efficiency across various sectors. The integration of AI into internet of-senses applications showcases its transformative impact on industries such as healthcare, retail, and entertainment. On the other hand, VR is positioned as an emerging technology, gaining traction rapidly due to its immersive nature. With the potential to revolutionize user interactions, VR is increasingly being utilized for training simulations, gaming, and educational tools, attracting attention from both consumers and enterprises. The synergy between AI and VR is anticipated to create innovative solutions that redefine user experiences and expand market opportunities.

By Application: Hearing (Largest) vs. Touch (Fastest-Growing)

In the South Korea internet of-senses market, the Application segment is characterized by a competitive distribution among various sensory applications. Hearing emerges as the most significant segment, commanding a substantial share, driven by advancements in audio technology and immersive experiences. Following closely are Sight and Touch, which reflect growing consumer interest in integrated sensory solutions. Smell, Taste, and Mind remain smaller but provide niche offerings that are gaining traction, suggesting a diversification of consumer preferences. Growth trends within the Application segment are being propelled by technological leaps and increasing consumer engagement with sensory experiences. Touch is identified as the fastest-growing segment, influenced by the rise of haptic technologies and VR applications that enhance user interactivity. Hearing remains dominant due to its extensive applications in both entertainment and communication, while emerging areas like Smell and Taste indicate a shift towards more holistic sensory experiences in the market.

Hearing: Dominant vs. Touch: Emerging

Hearing is recognized as the dominant force in the Application segment of the market, propelled by innovations in audio technology that enhance user engagement. This segment's strength is reflected in its widespread use across various platforms, including entertainment, gaming, and communication. In contrast, Touch is emerging rapidly, driven by advancements in haptic feedback technologies that create more immersive user experiences. This growth is particularly evident in virtual and augmented reality applications, where tactile sensations are becoming a key component. While Hearing maintains a robust market position, the increasing popularity and technological development of Touch indicate a dynamic shift towards interactive sensory experiences, marking its emergence as a significant player in the market.

By End User: Consumer (Largest) vs. Enterprise (Fastest-Growing)

In the South Korea internet of-senses market, the distribution among end users reveals that the consumer segment holds the largest share, showcasing the widespread adoption of sensory technologies among individual users. This segment significantly influences overall market dynamics, driven by heightened consumer interest in immersive experiences and innovative interactions with digital content. In contrast, the enterprise segment, while currently smaller, is emerging as the fastest-growing category, fueled by increasing investments in sensory technologies to enhance corporate communications and operational efficiencies. The growth trends in the South Korea internet of-senses market reveal a clear shift towards more integrated sensory solutions, especially for enterprises. As businesses seek to differentiate themselves through enhanced customer interactions, the demand for sensory applications is expected to soar. This shift is supported by advancements in technology and an escalating consumer expectation for immersive experiences, driving both segments forward in a competitive landscape where innovation and adaptability are key.

Consumer (Dominant) vs. Enterprise (Emerging)

The consumer segment in the South Korea internet of-senses market is characterized by its dominance. It caters to a broad audience seeking engaging and interactive technologies. This segment thrives on the proliferation of smart devices and personal applications that utilize sensory technologies. On the other hand, the enterprise segment is considered emerging, focusing on harnessing sensory capabilities to transform business processes and customer engagement. Enterprises are increasingly investing in sensory technologies to create immersive environments that enhance user interaction and streamline operations, marking a significant evolution in how businesses engage with their audience and leverage technology for competitive advantage.

Get more detailed insights about South Korea Internet Of Senses Market

Key Players and Competitive Insights

The internet of-senses market is currently characterized by a dynamic competitive landscape, driven by rapid technological advancements and increasing consumer demand for immersive experiences. Major players such as Samsung (KR), Google (US), and Microsoft (US) are strategically positioning themselves through innovation and partnerships. Samsung (KR) focuses on integrating sensory technologies into its consumer electronics, enhancing user engagement. Google (US) emphasizes AI-driven solutions to create more personalized sensory experiences, while Microsoft (US) leverages its cloud infrastructure to support the development of sensory applications, thereby shaping a competitive environment that prioritizes technological integration and user-centric design.

Key business tactics within this market include localizing manufacturing and optimizing supply chains to enhance responsiveness to consumer needs. The competitive structure appears moderately fragmented, with several key players exerting influence over market dynamics. This fragmentation allows for niche players to emerge, yet the collective strength of major companies like Samsung (KR) and Google (US) creates a robust competitive framework that drives innovation and market growth.

In October 2025, Samsung (KR) announced a partnership with a leading virtual reality firm to develop next-generation sensory devices aimed at enhancing user interaction in gaming and entertainment. This strategic move is likely to bolster Samsung's position in the market by expanding its product offerings and tapping into the growing demand for immersive experiences. The collaboration suggests a commitment to innovation and a focus on creating unique user experiences that differentiate Samsung from its competitors.

In September 2025, Google (US) launched a new AI-powered sensory platform designed to integrate seamlessly with its existing suite of products. This initiative is significant as it not only enhances the functionality of Google's devices but also positions the company as a leader in the integration of AI with sensory technology. The platform's capabilities may attract developers and businesses looking to create innovative applications, thereby expanding Google's ecosystem and reinforcing its competitive edge.

In August 2025, Microsoft (US) unveiled a new sensory analytics tool aimed at businesses seeking to leverage sensory data for improved customer insights. This tool is particularly relevant as it aligns with the growing trend of data-driven decision-making in various industries. By providing businesses with the means to analyze sensory data, Microsoft is likely to enhance its value proposition and strengthen its foothold in the market, appealing to organizations looking to innovate their customer engagement strategies.

As of November 2025, current trends in the internet of-senses market include a pronounced focus on digitalization, sustainability, and the integration of AI technologies. Strategic alliances are increasingly shaping the competitive landscape, enabling companies to pool resources and expertise to drive innovation. Looking ahead, competitive differentiation is expected to evolve, with a shift from price-based competition towards a greater emphasis on technological innovation, reliability in supply chains, and the ability to deliver unique sensory experiences. This evolution suggests that companies will need to continuously adapt and innovate to maintain their competitive positions in an ever-changing market.

Key Companies in the South Korea Internet Of Senses Market market include

Industry Developments

An important development in AI technology in South Korea was marked in April 2025 when Naver Corporation announced the release of its generative AI model, HyperCLOVA X. This advancement demonstrates Naver's dedication to spearheading AI innovation.

With the goal of creating a complete internal media ecosystem, Naver further enhanced its capabilities in July 2025 by incorporating AI video and XR content into its platform. This action is in line with Naver's plan to leverage immersive technologies to increase user engagement.

LG Uplus promised in May 2025 to improve the safety, security, and quality of its telecom offerings. With the goal of achieving zero user complaints, the firm revealed intentions to enhance the quality of Internet Protocol Television (IPTV) services by utilizing artificial intelligence to proactively identify and address problems.

When the Personal Information Protection Commission levied a record fine of $97 million against SK Telecom in June 2025 for a data breach that affected 23.2 million customers, the company suffered a serious blow. The hack made clear how urgently the telecom industry has to improve its data security protocols.

In order to expand the capabilities of its platforms, Daum Kakao partnered with OpenAI in July 2025 to incorporate sophisticated language models into its offerings. The goal of this collaboration is to give consumers increasingly advanced AI-powered experiences.

In order to improve supplier conditions and customer happiness, Kakao Corp. announced intentions in August 2025 to revamp its "Kakao Gift" platform under a legally mandated consent decree.An important milestone in the company's space technology aspirations was reached in June 2025 when Hanwha Group and BAE Systems signed a Memorandum of Understanding to build an advanced multi-sensor satellite system.

Future Outlook

South Korea Internet Of Senses Market Future Outlook

The Internet of Senses Market is projected to grow at a 12.62% CAGR from 2024 to 2035, driven by advancements in sensory technology and increasing consumer demand for immersive experiences.

New opportunities lie in:

  • Development of sensory-enhanced virtual reality platforms
  • Integration of olfactory technology in e-commerce
  • Creation of personalized sensory marketing solutions

By 2035, the market is expected to achieve substantial growth, driven by innovative applications and consumer engagement.

Market Segmentation

South Korea Internet Of Senses Market End User Outlook

  • Consumer
  • Enterprise
  • Retail

South Korea Internet Of Senses Market Component Outlook

  • Hardware
  • Software

South Korea Internet Of Senses Market Technology Outlook

  • Artificial Intelligence (AI)
  • Virtual Reality (VR)
  • Augmented Reality (AR)
  • Others

South Korea Internet Of Senses Market Application Outlook

  • Hearing
  • Sight
  • Smell
  • Taste
  • Touch
  • Mind

Report Scope

MARKET SIZE 2024 50.45(USD Million)
MARKET SIZE 2025 56.82(USD Million)
MARKET SIZE 2035 186.5(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 12.62% (2024 - 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 Google (US), Microsoft (US), Apple (US), Samsung (KR), Sony (JP), Facebook (US), Amazon (US), NVIDIA (US)
Segments Covered Component, Technology, Application, End User
Key Market Opportunities Integration of immersive technologies enhances user experiences in the internet of-senses market.
Key Market Dynamics Technological advancements drive consumer engagement in the internet of-senses market, reshaping user experiences and interactions.
Countries Covered South Korea

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FAQs

What is the expected market size of the South Korea Internet of Senses Market in 2024?

The South Korea Internet of Senses Market is expected to be valued at 66.71 USD Million in 2024.

What is the projected market size for the South Korea Internet of Senses Market by 2035?

By 2035, the South Korea Internet of Senses Market is anticipated to reach a value of 256.0 USD Million.

What is the compound annual growth rate (CAGR) for the South Korea Internet of Senses Market from 2025 to 2035?

The expected CAGR for the South Korea Internet of Senses Market from 2025 to 2035 is 13.004%.

Which segment of the South Korea Internet of Senses Market is expected to have the largest value in 2035?

The Hardware segment is forecasted to be valued at 114.0 USD Million in 2035.

What is the expected value of the Software segment in the South Korea Internet of Senses Market in 2035?

The Software segment is expected to be valued at 142.0 USD Million in 2035.

Who are the major players in the South Korea Internet of Senses Market?

Major players include Naver Corporation, LG Uplus, SK Telecom, and Samsung Electronics.

What is the market value for the Hardware segment of the South Korea Internet of Senses Market in 2024?

The Hardware segment is valued at 30.0 USD Million in 2024.

What opportunities exist for growth in the South Korea Internet of Senses Market?

Key opportunities for growth include advancements in technology and increasing consumer demand for immersive experiences.

What are the emerging trends in the South Korea Internet of Senses Market?

Emerging trends include the integration of sensory technology in various applications like gaming and virtual reality.

What challenges are faced by the South Korea Internet of Senses Market?

Challenges include ensuring data privacy and dealing with technological complexities in hardware and software integration.

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