South Korea Agriculture Iot Market Size & Outlook, 2025-2030
The agriculture iot market in South Korea is expected to reach a projected revenue of US$ 1,559.2 million by 2030. A compound annual growth rate of 7% is expected of South Korea agriculture iot market from 2025 to 2030.
Revenue, 2024 (US$M)
$994.7
Forecast, 2030 (US$M)
$1,559.2
CAGR, 2025 - 2030
7.0%
Report Coverage
South Korea
South Korea Agriculture Iot Market, 2018-2030 (US$M)
Global Market
Related Markets
South Korea agriculture iot market highlights
- The South Korea agriculture iot market generated a revenue of USD 994.7 million in 2024 and is expected to reach USD 1,559.2 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Agriculture iot market data book summary
| Market revenue in 2024 | USD 994.7 million |
| Market revenue in 2030 | USD 1,559.2 million |
| Growth rate | 7% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.5% of the global agriculture iot market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China agriculture iot market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,549.7 million by 2030.
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Publish Date: Jan 14, 2025
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Agriculture IoT Market Scope
Agriculture IoT Market segmentation & scope
Agriculture IoT Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Deere & Co | View profile | 83,000 | One John Deere Place, Moline, IL, United States, 61265 | www.deere.com |
| Trimble Inc | View profile | 12,700 | 10368 Westmoor Drive, Westminister, CO, United States, 80021 | www.trimble.com |
| Valmont Industries Inc | View profile | 11,125 | 15000 Valmont Plaza, Omaha, NE, United States, 68154-5215 | www.valmont.com |
| AGCO Corp | View profile | 27,900 | 4205 River Green Parkway, Duluth, GA, United States, 30096 | www.agcocorp.com |
| Blue River Technology | View profile | 51-100 | Sunnyvale, California, United States, North America | www.bluerivertechnology.com |
| Raven Industries | View profile | 1001-5000 | Sioux Falls, South Dakota, United States, North America | ravenind.com |
| Topcon Positioning Systems | View profile | 1001-5000 | Livermore, California, United States, North America | www.topconpositioning.com/ |
| FarmWise | View profile | 51-100 | San Francisco, California, United States, North America | farmwise.io |
| Cropin | View profile | 251-500 | Bengaluru, Karnataka, India, Asia | www.cropin.com |
| AgroStar | View profile | 1001-5000 | Pune, Maharashtra, India, Asia | www.corporate.agrostar.in/ |
South Korea Agriculture IoT Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Agriculture IoT Market Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 62.38% in 2024.
Horizon Databook has segmented the South Korea agriculture iot market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Agriculture Iot Market Component Outlook (Revenue, USD Million , 2018-2030)
- Hardware
- Software
- Services
- South Korea Agriculture Iot Market Deployment Outlook (Revenue, USD Million , 2018-2030)
- On-premise
- Cloud
- South Korea Agriculture Iot Market Connectivity Outlook (Revenue, USD Million , 2018-2030)
- Wi-Fi
- Bluetooth
- Cellular
- Others
- South Korea Agriculture Iot Market Farm Type Outlook (Revenue, USD Million , 2018-2030)
- Large
- Mid-Sized
- Small
- South Korea Agriculture Iot Market Application Outlook (Revenue, USD Million , 2018-2030)
- Precision Farming
- Livestock Monitoring
- Smart Greenhouse
- Aquaculture
- Others
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Target buyers of Agriculture IoT Market Outlook databook
- Our clientele includes a mix of Agriculture IoT Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Agriculture IoT Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Agriculture IoT Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Korea Agriculture Iot Market, 2018-2030 (US$M)
South Korea agriculture iot market statistics, by component, 2018-2030 (US$M)
