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    South Korea Industrial Networking Solutions Market

    ID: MRFR/ICT/63423-HCR
    200 Pages
    Aarti Dhapte
    October 2025

    South Korea Industrial Networking Solutions Market Research Report By Component (Technologies, Services), By Application (Remote monitoring, Asset tracking and management, Supply chain management, Real time streaming and video, Emergency and incident management, Predictive maintenance), By Deployment (Cloud, On premises) and By Networking type (Wireless networking, Wireline networking)- Forecast to 2035

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    South Korea Industrial Networking Solutions Market Summary

    As per MRFR analysis, the South Korea industrial networking-solutions market Size was estimated at 537.47 USD Million in 2024. The South Korea industrial networking-solutions market is projected to grow from 658.94 USD Million in 2025 to 5056.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 22.6% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The South Korea industrial networking-solutions market is experiencing robust growth driven by technological advancements and increasing demand for automation.

    • The market is witnessing increased adoption of IoT technologies, enhancing connectivity and operational efficiency.
    • A strong focus on cybersecurity measures is emerging as companies prioritize the protection of their networks and data.
    • Government support for digital transformation initiatives is fostering innovation and investment in industrial networking solutions.
    • Rising demand for automation and expansion of smart manufacturing initiatives are key drivers propelling market growth.

    Market Size & Forecast

    2024 Market Size 537.47 (USD Million)
    2035 Market Size 5056.0 (USD Million)

    Major Players

    Siemens (DE), Cisco Systems (US), Rockwell Automation (US), Schneider Electric (FR), Moxa (TW), Hirschmann (DE), Belden (US), Phoenix Contact (DE), Advantech (TW), Honeywell (US)

    South Korea Industrial Networking Solutions Market Trends

    The industrial networking-solutions market in South Korea is currently experiencing a notable transformation, driven by advancements in technology and increasing demand for automation across various sectors. The integration of IoT devices and smart manufacturing practices is reshaping the landscape, as industries seek to enhance operational efficiency and connectivity. This shift is further supported by government initiatives aimed at promoting digitalization and Industry 4.0, which encourage businesses to adopt innovative networking solutions. As a result, companies are investing in robust infrastructure to facilitate seamless communication and data exchange, thereby fostering a more interconnected industrial environment. In addition, the emphasis on cybersecurity within the industrial networking-solutions market is becoming increasingly pronounced. With the rise of cyber threats, organizations are prioritizing secure networking solutions to protect sensitive data and maintain operational integrity. This focus on security is likely to drive the development of advanced networking technologies that not only enhance connectivity but also safeguard against potential vulnerabilities. Overall, the industrial networking-solutions market in South Korea appears poised for growth, as businesses adapt to the evolving technological landscape and seek to leverage the benefits of enhanced connectivity and security.

    Increased Adoption of IoT Technologies

    The industrial networking-solutions market is witnessing a surge in the adoption of IoT technologies. This trend is largely driven by the need for real-time data collection and analysis, enabling industries to optimize processes and improve decision-making. As companies integrate IoT devices into their operations, the demand for reliable networking solutions that can support these technologies is expected to rise.

    Focus on Cybersecurity Measures

    With the growing reliance on interconnected systems, the importance of cybersecurity in the industrial networking-solutions market cannot be overstated. Organizations are increasingly investing in advanced security protocols to protect their networks from cyber threats. This focus on cybersecurity is likely to shape the development of networking solutions that prioritize data protection and system integrity.

    Government Support for Digital Transformation

    The South Korean government is actively promoting digital transformation initiatives, which significantly impact the industrial networking-solutions market. By providing funding and resources for technology adoption, the government encourages businesses to modernize their networking infrastructure. This support is expected to accelerate the transition towards more advanced and efficient networking solutions.

    South Korea Industrial Networking Solutions Market Drivers

    Rising Demand for Automation

    The industrial networking-solutions market in South Korea experiences a notable surge in demand for automation technologies. As industries strive for enhanced efficiency and productivity, the integration of automated systems becomes paramount. This trend is particularly evident in manufacturing sectors, where automation can lead to a reduction in operational costs by up to 30%. Furthermore, the adoption of robotics and automated machinery necessitates robust networking solutions to ensure seamless communication and data exchange. The industrial networking-solutions market is thus positioned to benefit from this growing inclination towards automation, as companies seek to modernize their operations and remain competitive in a rapidly evolving landscape.

    Need for Enhanced Data Management

    In the context of the industrial networking-solutions market, the need for enhanced data management is becoming increasingly critical. As industries generate vast amounts of data, the ability to effectively manage and analyze this information is essential for informed decision-making. Companies are investing in networking solutions that support big data analytics and cloud computing, which are projected to grow at a CAGR of 25% in the coming years. This trend indicates a shift towards data-driven strategies, where networking solutions play a vital role in ensuring data integrity and accessibility. The industrial networking-solutions market is thus poised to expand as organizations prioritize data management capabilities.

    Growing Focus on Energy Efficiency

    The industrial networking-solutions market is witnessing a growing focus on energy efficiency, driven by both regulatory requirements and corporate sustainability goals. South Korea's commitment to reducing greenhouse gas emissions has led to the implementation of stricter energy regulations across various industries. As a result, companies are increasingly adopting networking solutions that enable better monitoring and control of energy consumption. It is estimated that energy-efficient technologies can reduce operational costs by up to 20%. This trend not only aligns with environmental objectives but also enhances the competitiveness of businesses in the industrial networking-solutions market.

    Expansion of Smart Manufacturing Initiatives

    Smart manufacturing initiatives are gaining traction within South Korea, significantly impacting the industrial networking-solutions market. The government's push towards Industry 4.0 has catalyzed investments in smart factories, which leverage advanced networking solutions to optimize production processes. It is estimated that the smart manufacturing sector could contribute approximately $30 billion to the national economy by 2025. This growth is driven by the need for real-time data analytics, machine-to-machine communication, and enhanced supply chain management. Consequently, the industrial networking-solutions market is likely to see increased demand for technologies that facilitate these smart manufacturing capabilities.

    Advancements in Wireless Networking Technologies

    Advancements in wireless networking technologies are significantly influencing the industrial networking-solutions market. The proliferation of 5G technology is expected to revolutionize industrial communication by providing faster data transfer rates and lower latency. This development is particularly beneficial for applications requiring real-time data exchange, such as remote monitoring and control systems. The industrial networking-solutions market is likely to see a shift towards wireless solutions, as companies seek to enhance connectivity and flexibility in their operations. With the potential to improve operational efficiency and reduce infrastructure costs, the adoption of advanced wireless technologies is set to reshape the landscape of industrial networking.

    Market Segment Insights

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

    In the South Korea industrial networking-solutions market, Hardware constitutes the largest share, reflecting its critical role in facilitating robust connectivity and overall network performance. This segment has consistently attracted investment due to its foundational technology, which supports various applications across industries. Services, while smaller in comparison, are rapidly gaining traction as they support the deployment and maintenance of networking infrastructures, which are vital for operational efficiency. The growth trends indicate an increasing shift toward Services as more companies recognize the need for integrated solutions that encompass not only hardware but also ongoing support and consulting. This trend is driven by the technological evolution and the complexity of networks, which necessitates specialized expertise that Services providers offer. As organizations aim to optimize network performance and reliability, the demand for Service solutions will continue to surge in the coming years.

    Hardware (Dominant) vs. Services (Emerging)

    In the South Korea industrial networking-solutions market, Hardware remains the dominant component, characterized by its wide-ranging applications that enhance connectivity, speed, and reliability. This segment includes various devices such as routers, switches, and firewalls, which are essential for creating a streamlined and efficient networking environment. On the other hand, the Emerging Services segment is distinguished by its focus on tailored solutions that enable organizations to leverage their hardware investments fully. This includes installation, maintenance, and optimization services, which are becoming increasingly vital as networks grow in complexity. The interplay between these segments highlights a trend where Hardware is complemented by Services, leading to more robust and resilient networking frameworks.

    By Applications: Remote Monitoring (Largest) vs. Predictive Maintenance (Fastest-Growing)

    In the South Korea industrial networking-solutions market, the 'Applications' segment reveals a diverse landscape. Remote monitoring stands out as the largest segment, reflecting a significant demand for real-time data access and control across various industries. Following closely are predictive maintenance and asset tracking and management, which showcase robust growth as organizations increasingly prioritize efficiency and proactive operations. Growth trends in the Applications segment are driven by rapid technological advancements and the need for improved operational efficiency. Particularly, predictive maintenance is gaining traction as companies seek to reduce downtime and optimize resource utilization. The increasing integration of IoT devices is also enhancing capabilities in asset tracking and real-time diagnostics, creating a dynamic environment that fosters continuous innovation and adaptation among market players.

    Remote Monitoring (Dominant) vs. Predictive Maintenance (Emerging)

    Remote monitoring has established itself as a dominant force within the Applications segment due to its extensive implementation across various sectors seeking enhanced operational oversight. It allows organizations to monitor equipment, processes, and facilities in real-time, leading to expedited decision-making and increased efficiency. Conversely, predictive maintenance is emerging as a vital trend, leveraging data analytics and machine learning to forecast equipment failures and schedule timely maintenance. This emerging segment focuses on minimizing unscheduled downtimes and optimizing asset lifecycle management. Together, these segments represent a critical evolution in applying technology to streamline operations and improve productivity in the South Korea industrial networking-solutions market.

    By Deployment: Cloud (Largest) vs. On Premises (Fastest-Growing)

    In the South Korea industrial networking-solutions market, the deployment segment is predominantly led by Cloud, which represents the largest share due to its scalability, flexibility, and the increasing adoption of IoT technologies. On Premises has gained traction, particularly in sectors requiring stringent data security and regulatory compliance, though it currently holds a smaller market share compared to Cloud. The growth trends for the deployment segment are driven by the rapid digital transformation initiatives across industries, with Cloud solutions enabling seamless integration and real-time data processing. Amid a rise in cybersecurity concerns, On Premises solutions are witnessing accelerated growth as businesses seek to retain control over their data and infrastructure. The synergy between both deployment types illustrates the evolving preferences in the market, with Cloud maintaining dominance while On Premises emerges as a critical option for specific applications.

    Cloud (Dominant) vs. On Premises (Emerging)

    Cloud solutions dominate the deployment landscape, offering businesses unparalleled adaptability and efficient resource management. This model is particularly favored in sectors like manufacturing, where real-time data sharing and analytics are crucial for operational excellence. With a robust infrastructure and service offerings, Cloud enables organizations to optimize their industrial networking capabilities without heavy upfront investments. On the other hand, On Premises solutions are emerging as a significant alternative, appealing to industries that prioritize data ownership and security. As regulations around data privacy intensify, the demand for On Premises deployments is surging, particularly within sectors such as healthcare and finance that require stringent compliance measures, establishing a niche yet vital position in the market.

    By Networking Type: Wireless Networking (Largest) vs. Wireline Networking (Fastest-Growing)

    Within the South Korea industrial networking-solutions market, the distribution of market share among networking types reveals a significant preference for wireless networking, which dominates due to its flexibility and ease of installation. Businesses are increasingly leaning towards wireless solutions that allow for scalable and mobile access, while wireline networking maintains a crucial position for applications that require stable connectivity and high-speed data transfer. As a result, this segment is characterized by its adaptability to modern industrial needs. Growth trends indicate that the wireless networking segment is heavily driven by advancements in IoT and the need for real-time data processing. Industries are rapidly adopting wireless technologies to enhance operational efficiency and reduce costs. Conversely, wireline networking continues to grow, albeit at a slower pace, driven by the necessity for robust infrastructure in critical environments where reliability is paramount. The future presents opportunities for hybrid solutions that leverage the strengths of both types, catering to various industry demands.

    Networking Type: Wireless (Dominant) vs. Wireline (Emerging)

    Wireless networking is characterized by its ability to provide flexible, scalable, and easily deployable solutions that meet the dynamic needs of modern industries. Its dominance in the South Korea industrial networking-solutions market stems from the rapid integration of IoT technologies, which require seamless connectivity and mobility. On the other hand, wireline networking, while considered an emerging segment, is vital in sectors where stable connections are critical, such as manufacturing and logistics. It offers high-speed data transfer capabilities and is essential for the backbone of industrial operations. As both segments evolve, the market could see a convergence where businesses deploy both solutions to maximize operational efficiency and enhance their networking capabilities.

    Get more detailed insights about South Korea Industrial Networking Solutions Market

    Key Players and Competitive Insights

    The industrial networking-solutions market in South Korea is characterized by a dynamic competitive landscape, driven by rapid technological advancements and increasing demand for automation across various sectors. Key players such as Siemens (DE), Cisco Systems (US), and Rockwell Automation (US) are strategically positioned to leverage innovation and digital transformation. Siemens (DE) focuses on integrating IoT solutions into its networking products, enhancing connectivity and operational efficiency. Cisco Systems (US) emphasizes cybersecurity and cloud-based networking solutions, catering to the growing need for secure industrial environments. Rockwell Automation (US) is heavily investing in smart manufacturing technologies, aiming to streamline operations and improve productivity. Collectively, these strategies foster a competitive environment that prioritizes technological advancement and operational excellence.

    In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance responsiveness to market demands. The competitive structure of the market appears moderately fragmented, with several key players exerting influence over various segments. This fragmentation allows for niche players to emerge, while larger corporations consolidate their market positions through strategic partnerships and acquisitions.

    In October 2025, Siemens (DE) announced a partnership with a leading South Korean telecommunications provider to develop next-generation industrial networking solutions. This collaboration aims to enhance connectivity in smart factories, indicating Siemens' commitment to advancing IoT capabilities in the region. Such strategic alliances are likely to bolster Siemens' market presence and drive innovation in industrial networking.

    In September 2025, Cisco Systems (US) launched a new cybersecurity framework specifically designed for industrial networks. This initiative underscores Cisco's focus on addressing the increasing threats to industrial systems, positioning the company as a leader in secure networking solutions. The introduction of this framework is expected to enhance customer trust and expand Cisco's footprint in the South Korean market.

    In August 2025, Rockwell Automation (US) unveiled a new suite of software tools aimed at optimizing manufacturing processes through data analytics. This strategic move reflects Rockwell's dedication to integrating advanced analytics into its offerings, potentially leading to improved operational efficiencies for clients. The emphasis on data-driven decision-making aligns with current trends in the industrial sector, where data is becoming a critical asset.

    As of November 2025, the competitive trends in the industrial networking-solutions market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the landscape, fostering innovation and enhancing product offerings. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological innovation, reliability in supply chains, and the ability to provide comprehensive solutions that address the complexities of modern industrial environments.

    Industry Developments

    The South Korea Industrial Networking Solutions Market has recently seen significant developments, particularly with companies like Siemens and Cisco Systems making strides in automation and smart manufacturing technologies. In June 2023, Commscope and Nexans disclosed advancements aimed at enhancing connectivity for industrial applications, responding to increasing demands for robust network infrastructure. 

    Furthermore, Rockwell Automation and Moxa have been focusing on integrating Industry 4.0 solutions to strengthen operational efficiencies. In terms of mergers and acquisitions, Emerson Electric acquired a majority stake in a local tech firm in July 2023, enhancing itspresence in the region’s automation sector. Notably, Samsung Electronics announced a joint venture in August 2023 with Belden to develop next-generation industrial communication technologies tailored for the Asian market. 

    Over the last couple of years, LG Electronics and Schneider Electric have reported growth in their market valuations, driven by an uptick in demand for smart factory solutions and IoT applications, significantly impacting the competitive landscape. The South Korean government's commitment to digital transformation is also contributing to the growth and evolution of this market.

    Future Outlook

    South Korea Industrial Networking Solutions Market Future Outlook

    The industrial networking-solutions market is projected to grow at a 22.6% CAGR from 2024 to 2035, driven by advancements in IoT, automation, and increased connectivity demands.

    New opportunities lie in:

    • Development of advanced IoT integration platforms for real-time data analytics.
    • Expansion of cybersecurity solutions tailored for industrial networks.
    • Implementation of AI-driven predictive maintenance systems to enhance operational efficiency.

    By 2035, the market is expected to achieve substantial growth, driven by innovation and increased demand.

    Market Segmentation

    South Korea Industrial Networking Solutions Market Component Outlook

    • Hardware
    • Services

    South Korea Industrial Networking Solutions Market Deployment Outlook

    • Cloud
    • On Premises

    South Korea Industrial Networking Solutions Market Applications Outlook

    • Remote monitoring
    • Asset tracking and management
    • Real-time diagnostics and repair
    • Supply chain management
    • Predictive maintenance
    • Emergency & incident management

    South Korea Industrial Networking Solutions Market Networking Type Outlook

    • Wireless networking
    • Wireline networking

    Report Scope

    MARKET SIZE 2024 537.47(USD Million)
    MARKET SIZE 2025 658.94(USD Million)
    MARKET SIZE 2035 5056.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 22.6% (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 Siemens (DE), Cisco Systems (US), Rockwell Automation (US), Schneider Electric (FR), Moxa (TW), Hirschmann (DE), Belden (US), Phoenix Contact (DE), Advantech (TW), Honeywell (US)
    Segments Covered Component, Applications, Deployment, Networking Type
    Key Market Opportunities Integration of advanced cybersecurity measures in the industrial networking-solutions market enhances operational resilience and compliance.
    Key Market Dynamics Rising demand for secure, high-speed connectivity drives innovation in South Korea's industrial networking-solutions market.
    Countries Covered South Korea

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    FAQs

    What is the expected market size of the South Korea Industrial Networking Solutions Market in 2024?

    The South Korea Industrial Networking Solutions Market is expected to be valued at 756.0 million USD in 2024.

    What is the projected market size for the South Korea Industrial Networking Solutions Market by 2035?

    By 2035, the South Korea Industrial Networking Solutions Market is anticipated to reach a valuation of 5040.0 million USD.

    What is the expected CAGR for the South Korea Industrial Networking Solutions Market from 2025 to 2035?

    The compound annual growth rate (CAGR) for the South Korea Industrial Networking Solutions Market is expected to be 18.823% from 2025 to 2035.

    Which segment, Technologies or Services, is expected to have a larger market share by 2035?

    By 2035, the Services segment is expected to hold a larger market share, valued at 3040.0 million USD compared to 2000.0 million USD for Technologies.

    Who are the key players in the South Korea Industrial Networking Solutions Market?

    Major players in the market include Siemens, Commscope, Nexans, Rockwell Automation, Cisco Systems, and several others.

    What is the expected market value of the Technologies segment in 2024?

    The Technologies segment of the South Korea Industrial Networking Solutions Market is expected to be valued at 300.0 million USD in 2024.

    What are some of the key growth drivers for the South Korea Industrial Networking Solutions Market?

    Growth drivers include technological advancements, increased automation in industries, and the growing need for efficient networking solutions.

    What impacts could global market trends have on the South Korea Industrial Networking Solutions Market?

    Current global trends could drive innovation and competition, influencing market dynamics and growth opportunities within South Korea.

    How does the market size of Services compare to that of Technologies in 2024?

    In 2024, the Services segment is expected to be valued at 456.0 million USD, which is significantly higher than the Technologies segment.

    What is the significance of the South Korea Industrial Networking Solutions Market in the regional context?

    The market plays a vital role in enhancing industrial connectivity and efficiency, positioning South Korea as a leader in industrial networking solutions.

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