What is the current market valuation of the South Korea lora lorawan-iot market?

The market valuation was $164.81 Million in 2024. Read More

What is the projected market size for the South Korea lora lorawan-iot market by 2035?

The projected market size is $4820.0 Million by 2035. Read More

What is the expected CAGR for the South Korea lora lorawan-iot market during the forecast period 2025 - 2035?

The expected CAGR is 35.92% during the forecast period 2025 - 2035. Read More

What are the main segments of the South Korea lora lorawan-iot market?

The main segments include Offering, Application, and End User. Read More

What was the valuation of the hardware segment in the South Korea lora lorawan-iot market in 2024?

The hardware segment was valued at $40.0 Million in 2024. Read More

How much is the platform segment projected to be worth by 2035?

The platform segment is projected to reach $1800.0 Million by 2035. Read More

What is the valuation of the smart cities application in the South Korea lora lorawan-iot market?

The smart cities application was valued at $25.0 Million in 2024. Read More

Which end user segment had the highest valuation in 2024?

The enterprise segment had the highest valuation at $750.0 Million in 2024. Read More

What is the projected growth for the smart healthcare application by 2035?

The smart healthcare application is projected to grow to $744.0 Million by 2035. Read More

South Korea Lora Lorawan Iot Market

Q: Which companies are considered key players in the South Korea lora lorawan-iot market?

Key players include Semtech Corporation, Cisco Systems Inc, Kerlink, Actility, Loriot, The Things Industries, MultiTech Systems Inc, and IMST GmbH. Read More

ID: MRFR/ICT/59174-HCR

200 Pages

Nirmit Biswas

Last Updated: March 28, 2026

South Korea Lora LoRaWAN IoT Market Research Report By Offering (Hardware, Platform, Services), By Application (Asset Tracking, Industrial IoT, Smart Cities, Smart Agriculture, Livestock Management, Smart Buildings, Smart Healthcare, Other Applications) and By End User (Retail, Manufacturing, Transportation, Logistics, Agriculture, Healthcare, Energy, Utilities, Government, Public Safety, Enterprise, Residential, Travel, Hospitality)-Forecast to 2035

South Korea Lora Lorawan Iot Market

Market Size

Forecast Period2025 - 2035

CAGR (2025 - 2035)35.92%

2024 Market Size$ 164.81 Million

2025 Market Size$ 224.02 Million

2035 Market Size$ 4,820 Million

Key Players

Semtech Corporation

Cisco Systems Inc

Kerlink

Actility

Loriot

The Things Industries

Trends

Rising Demand for Smart Agriculture Solutions
Government Initiatives Supporting IoT Development
Integration with Smart City Projects

Opportunities

Expansion of Industrial IoT Applications
Growing Focus on Smart Metering Solutions
Increased Investment in Smart Infrastructure

Summary Table of Contents Segmentation Download PDF

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1 SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS
1. 1.1 EXECUTIVE SUMMARY
  1. 1.1.1 Market Overview
  2. 1.1.2 Key Findings
  3. 1.1.3 Market Segmentation
  4. 1.1.4 Competitive Landscape
  5. 1.1.5 Challenges and Opportunities
  6. 1.1.6 Future Outlook
2 SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE
1. 2.1 MARKET INTRODUCTION
  1. 2.1.1 Definition
  2. 2.1.2 Scope of the study
    1. 2.1.2.1 Research Objective
    2. 2.1.2.2 Assumption
    3. 2.1.2.3 Limitations
2. 2.2 RESEARCH METHODOLOGY
  1. 2.2.1 Overview
  2. 2.2.2 Data Mining
  3. 2.2.3 Secondary Research
  4. 2.2.4 Primary Research
    1. 2.2.4.1 Primary Interviews and Information Gathering Process
    2. 2.2.4.2 Breakdown of Primary Respondents
  5. 2.2.5 Forecasting Model
  6. 2.2.6 Market Size Estimation
    1. 2.2.6.1 Bottom-Up Approach
    2. 2.2.6.2 Top-Down Approach
  7. 2.2.7 Data Triangulation
  8. 2.2.8 Validation
3 SECTION III: QUALITATIVE ANALYSIS
1. 3.1 MARKET DYNAMICS
  1. 3.1.1 Overview
  2. 3.1.2 Drivers
  3. 3.1.3 Restraints
  4. 3.1.4 Opportunities
2. 3.2 MARKET FACTOR ANALYSIS
  1. 3.2.1 Value chain Analysis
  2. 3.2.2 Porter's Five Forces Analysis
    1. 3.2.2.1 Bargaining Power of Suppliers
    2. 3.2.2.2 Bargaining Power of Buyers
    3. 3.2.2.3 Threat of New Entrants
    4. 3.2.2.4 Threat of Substitutes
    5. 3.2.2.5 Intensity of Rivalry
  3. 3.2.3 COVID-19 Impact Analysis
    1. 3.2.3.1 Market Impact Analysis
    2. 3.2.3.2 Regional Impact
    3. 3.2.3.3 Opportunity and Threat Analysis
4 SECTION IV: QUANTITATIVE ANALYSIS
1. 4.1 Information and Communications Technology, BY Offering (USD Million)
  1. 4.1.1 Hardware
  2. 4.1.2 Platform
  3. 4.1.3 Services
2. 4.2 Information and Communications Technology, BY Application (USD Million)
  1. 4.2.1 Asset Tracking
  2. 4.2.2 Industrial IoT
  3. 4.2.3 Smart Cities
  4. 4.2.4 Smart Agriculture and Livestock Management
  5. 4.2.5 Smart Buildings
  6. 4.2.6 Smart Healthcare
  7. 4.2.7 Other Applications
3. 4.3 Information and Communications Technology, BY End User (USD Million)
  1. 4.3.1 Retail
  2. 4.3.2 Manufacturing
  3. 4.3.3 Transportation & Logistics
  4. 4.3.4 Agriculture
  5. 4.3.5 Healthcare
  6. 4.3.6 Energy & Utilities
  7. 4.3.7 Government & Public Safety
  8. 4.3.8 Enterprise
  9. 4.3.9 Residential
  10. 4.3.10 Travel & Hospitality
  11. 4.3.11 Other
5 SECTION V: COMPETITIVE ANALYSIS
1. 5.1 Competitive Landscape
  1. 5.1.1 Overview
  2. 5.1.2 Competitive Analysis
  3. 5.1.3 Market share Analysis
  4. 5.1.4 Major Growth Strategy in the Information and Communications Technology
  5. 5.1.5 Competitive Benchmarking
  6. 5.1.6 Leading Players in Terms of Number of Developments in the Information and Communications Technology
  7. 5.1.7 Key developments and growth strategies
    1. 5.1.7.1 New Product Launch/Service Deployment
    2. 5.1.7.2 Merger & Acquisitions
    3. 5.1.7.3 Joint Ventures
  8. 5.1.8 Major Players Financial Matrix
    1. 5.1.8.1 Sales and Operating Income
    2. 5.1.8.2 Major Players R&D Expenditure. 2023
2. 5.2 Company Profiles
  1. 5.2.1 Semtech Corporation (US)
    1. 5.2.1.1 Financial Overview
    2. 5.2.1.2 Products Offered
    3. 5.2.1.3 Key Developments
    4. 5.2.1.4 SWOT Analysis
    5. 5.2.1.5 Key Strategies
  2. 5.2.2 Cisco Systems Inc (US)
    1. 5.2.2.1 Financial Overview
    2. 5.2.2.2 Products Offered
    3. 5.2.2.3 Key Developments
    4. 5.2.2.4 SWOT Analysis
    5. 5.2.2.5 Key Strategies
  3. 5.2.3 Kerlink (FR)
    1. 5.2.3.1 Financial Overview
    2. 5.2.3.2 Products Offered
    3. 5.2.3.3 Key Developments
    4. 5.2.3.4 SWOT Analysis
    5. 5.2.3.5 Key Strategies
  4. 5.2.4 Actility (FR)
    1. 5.2.4.1 Financial Overview
    2. 5.2.4.2 Products Offered
    3. 5.2.4.3 Key Developments
    4. 5.2.4.4 SWOT Analysis
    5. 5.2.4.5 Key Strategies
  5. 5.2.5 Loriot (CH)
    1. 5.2.5.1 Financial Overview
    2. 5.2.5.2 Products Offered
    3. 5.2.5.3 Key Developments
    4. 5.2.5.4 SWOT Analysis
    5. 5.2.5.5 Key Strategies
  6. 5.2.6 The Things Industries (NL)
    1. 5.2.6.1 Financial Overview
    2. 5.2.6.2 Products Offered
    3. 5.2.6.3 Key Developments
    4. 5.2.6.4 SWOT Analysis
    5. 5.2.6.5 Key Strategies
  7. 5.2.7 MultiTech Systems Inc (US)
    1. 5.2.7.1 Financial Overview
    2. 5.2.7.2 Products Offered
    3. 5.2.7.3 Key Developments
    4. 5.2.7.4 SWOT Analysis
    5. 5.2.7.5 Key Strategies
  8. 5.2.8 IMST GmbH (DE)
    1. 5.2.8.1 Financial Overview
    2. 5.2.8.2 Products Offered
    3. 5.2.8.3 Key Developments
    4. 5.2.8.4 SWOT Analysis
    5. 5.2.8.5 Key Strategies
3. 5.3 Appendix
  1. 5.3.1 References
  2. 5.3.2 Related Reports
6 LIST OF FIGURES
1. 6.1 MARKET SYNOPSIS
2. 6.2 SOUTH KOREA MARKET ANALYSIS BY OFFERING
3. 6.3 SOUTH KOREA MARKET ANALYSIS BY APPLICATION
4. 6.4 SOUTH KOREA MARKET ANALYSIS BY END USER
5. 6.5 KEY BUYING CRITERIA OF INFORMATION AND COMMUNICATIONS TECHNOLOGY
6. 6.6 RESEARCH PROCESS OF MRFR
7. 6.7 DRO ANALYSIS OF INFORMATION AND COMMUNICATIONS TECHNOLOGY
8. 6.8 DRIVERS IMPACT ANALYSIS: INFORMATION AND COMMUNICATIONS TECHNOLOGY
9. 6.9 RESTRAINTS IMPACT ANALYSIS: INFORMATION AND COMMUNICATIONS TECHNOLOGY
10. 6.10 SUPPLY / VALUE CHAIN: INFORMATION AND COMMUNICATIONS TECHNOLOGY
11. 6.11 INFORMATION AND COMMUNICATIONS TECHNOLOGY, BY OFFERING, 2024 (% SHARE)
12. 6.12 INFORMATION AND COMMUNICATIONS TECHNOLOGY, BY OFFERING, 2024 TO 2035 (USD Million)
13. 6.13 INFORMATION AND COMMUNICATIONS TECHNOLOGY, BY APPLICATION, 2024 (% SHARE)
14. 6.14 INFORMATION AND COMMUNICATIONS TECHNOLOGY, BY APPLICATION, 2024 TO 2035 (USD Million)
15. 6.15 INFORMATION AND COMMUNICATIONS TECHNOLOGY, BY END USER, 2024 (% SHARE)
16. 6.16 INFORMATION AND COMMUNICATIONS TECHNOLOGY, BY END USER, 2024 TO 2035 (USD Million)
17. 6.17 BENCHMARKING OF MAJOR COMPETITORS
7 LIST OF TABLES
1. 7.1 LIST OF ASSUMPTIONS
7.1.1
1. 7.2 South Korea MARKET SIZE ESTIMATES; FORECAST
  1. 7.2.1 BY OFFERING, 2025-2035 (USD Million)
  2. 7.2.2 BY APPLICATION, 2025-2035 (USD Million)
  3. 7.2.3 BY END USER, 2025-2035 (USD Million)
2. 7.3 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
7.3.1
1. 7.4 ACQUISITION/PARTNERSHIP
7.4.1

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South Korea South Korea Lora Lorawan Iot Market Segmentation

South Korea Lora Lorawan Iot Market By Offering (USD Million, 2025-2035)

Hardware
Platform
Services

South Korea Lora Lorawan Iot Market By Application (USD Million, 2025-2035)

Asset Tracking
Industrial IoT
Smart Cities
Smart Agriculture and Livestock Management
Smart Buildings
Smart Healthcare
Other Applications

South Korea Lora Lorawan Iot Market By End User (USD Million, 2025-2035)

Retail
Manufacturing
Transportation & Logistics
Agriculture
Healthcare
Energy & Utilities
Government & Public Safety
Enterprise
Residential
Travel & Hospitality
Other

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