South Korea Blockchain Iot Market Size & Outlook, 2023-2030
The blockchain iot market in South Korea is expected to reach a projected revenue of US$ 334.5 million by 2030. A compound annual growth rate of 59% is expected of South Korea blockchain iot market from 2024 to 2030.
- Enterprise Technology & Automation
- Cybersecurity & Digital Risk
- Blockchain IoT Market Outlook
- Cybersecurity & Digital Risk
Revenue, 2023 (US$M)
$13.0
Forecast, 2030 (US$M)
$334.5
CAGR, 2024 - 2030
59.0%
Report Coverage
South Korea
South Korea Blockchain Iot Market, 2018-2030 (US$M)
Global Market
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South Korea blockchain iot market highlights
- The South Korea blockchain iot market generated a revenue of USD 13.0 million in 2023 and is expected to reach USD 334.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 59% from 2024 to 2030.
- In terms of segment, software & platform was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Blockchain iot market data book summary
| Market revenue in 2023 | USD 13.0 million |
| Market revenue in 2030 | USD 334.5 million |
| Growth rate | 59% (CAGR from 2023 to 2030) |
| Largest segment | Software & platform |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software & Platform, Services |
| Key market players worldwide | Intel Corp, International Business Machines Corp, Microsoft Corp, Cisco Systems Inc, Amazon.com Inc, WPP PLC, The Linux Foundation, KrypC, IoTeX, R3, Chronicled |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.5% of the global blockchain iot market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China blockchain iot market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 482.9 million by 2030.
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Blockchain IoT Market Scope
Blockchain IoT Market segmentation & scope
Blockchain IoT Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Amazon.com Inc | View profile | 1,525,000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | www.amazon.com |
| Intel Corp | View profile | 124,800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | www.intel.com |
| International Business Machines Corp | View profile | 282,200 | One New Orchard Road, Armonk, NY, United States, 10504 | www.ibm.com |
| Microsoft Corp | View profile | 221,000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | www.microsoft.com |
| Cisco Systems Inc | View profile | 84,900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | www.cisco.com |
| WPP PLC | View profile | 114,173 | 18 Upper Ground, Sea Containers, London, United Kingdom, SE1 9GL | www.wpp.com |
| The Linux Foundation | View profile | 51-100 | San Francisco, California, United States, North America | www.linux.com/ |
| KrypC | View profile | 51-100 | Bangalore, Karnataka, India, Asia | www.krypc.com |
| IoTeX | View profile | 51-100 | Houston, Texas, United States, North America | iotex.io/ |
| R3 | View profile | 101-250 | New York, New York, United States, North America | r3.com |
South Korea Blockchain 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 Blockchain IoT Market Outlook will help companies and investors design strategic landscapes.
Software & Platform was the largest segment with a revenue share of 51.54% in 2023.
Horizon Databook has segmented the South Korea blockchain iot market based on hardware, software & platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Blockchain Iot Market Component Outlook (Revenue, USD Million , 2018-2030)
- Hardware
- Software & Platform
- Services
- South Korea Blockchain Iot Market Application Outlook (Revenue, USD Million , 2018-2030)
- Data Security
- Smart Contracts
- Asset Tracking & Management
- Others(real-time workforce tracking and workforce management)
- South Korea Blockchain Iot Market Vertical Outlook (Revenue, USD Million , 2018-2030)
- Transportation and Logistics
- Manufacturing
- Healthcare
- Retail
- Consumer Electronics
- Construction
- Other Verticals ( f&b, pharma, mining, agriculture, constr & real state)
- South Korea Blockchain Iot Market Organization Size Outlook (Revenue, USD Million , 2018-2030)
- Small and Medium Sized Enterprise
- Large Enterprise
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Blockchain IoT Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Blockchain IoT Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Korea Blockchain Iot Market, 2018-2030 (US$M)
South Korea blockchain iot market statistics, by component, 2018-2030 (US$M)
