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    South Korea IoT Sensor Market

    ID: MRFR/SEM/47397-HCR
    200 Pages
    Aarti Dhapte
    September 2025

    South Korea IoT Sensor Market Research Report By Type (Proximity, Acoustic, Temperature, Pressure, Flow, Humidity, Inertial, Image, Motion, CO2, Gyroscope, Occupancy, Magnetometer) and By Vertical (Consumers, Industrial, Commercial) - Forecast to 2035

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    South Korea IoT Sensor Market Research Report - Forecast till 2035 Infographic
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    Table of Contents

    South Korea IoT Sensor Market Summary

    The South Korea IoT Sensor market is projected to grow significantly from 1.06 USD Billion in 2024 to 5.15 USD Billion by 2035.

    Key Market Trends & Highlights

    South Korea IoT Sensor Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 15.45 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 5.15 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 1.06 USD Billion, reflecting the current investment landscape in IoT sensors.
    • Growing adoption of IoT technology due to increasing demand for smart devices is a major market driver.

    Market Size & Forecast

    2024 Market Size 1.06 (USD Billion)
    2035 Market Size 5.15 (USD Billion)
    CAGR (2025-2035) 15.45%

    Major Players

    Google, Hyundai Motor, IBM, LG Electronics, Daegu Gyeongbuk Institute of Science and Technology, Hanwha Techwin, Korea Electronics Technology Institute, Bytedance, SK Telecom, SAP, Cisco Systems, Samsung Electronics, Naver Corporation, Microsoft, KT Corporation

    South Korea IoT Sensor Market Trends

    The South Korea IoT Sensor Market is experiencing significant advancements driven by ongoing industrial automation and the government's Smart Factory initiative. The drive towards Industry 4.0 is a key market driver, prompting factories to integrate IoT sensors for enhanced operational efficiency and data collection. Alongside industrial benefits, there is increasing adoption of IoT sensors in the healthcare sector. With the rise of telehealth and remote patient monitoring solutions, hospitals and clinics are leveraging IoT technology to improve patient outcomes and streamline operations. 

    Recent trends show a surge in consumer adoption of IoT devices, fueled by smartphone penetration and high-speed internet, which bolster home automation and security systems. Additionally, collaboration between startups and established firms is on the rise, with many companies looking to innovate and integrate advanced IoT solutions. As cybersecurity concerns grow, there is a movement towards incorporating more robust security measures into IoT devices, ensuring the protection of sensitive data. Overall, the South Korea IoT Sensor Market is poised for growth, energized by technological advancements and strategic government support aimed at digital transformation across various sectors.

    South Korea IoT Sensor Market Drivers

    Market Segment Insights

    IoT Sensor Market Type Insights

    The South Korea IoT Sensor Market is experiencing remarkable growth driven by various factors, including technological advancements and increasing demand for smart solutions across multiple industries. Among the key types of sensors within this market are Proximity, Acoustic, Temperature, Pressure, Flow, Humidity, Inertial, Image, Motion, CO2, Gyroscope, Occupancy, and Magnetometer sensors. Each of these types plays a critical role in enhancing automation, efficiency, and data accuracy across sectors such as healthcare, smart agriculture, manufacturing, and transportation. 

    Proximity sensors, for instance, are essential for applications in automatic lighting and security systems, allowing devices to detect the presence of objects nearby, thereby facilitating automation and safety. Likewise, Acoustic sensors are significant for sound wave detection applications, including environmental monitoring and industrial applications, where they can help in recognizing anomalies or defects in machinery. Temperature and Humidity sensors are particularly important in climate control systems for residential, commercial, and industrial buildings, ensuring efficient energy consumption and optimal conditions for various processes. 

    Pressure sensors are vital in monitoring the performance of equipment and ensuring safety in production lines, while Flow sensors play a significant role in managing fluid dynamics in water treatment facilities and oil and gas industries, contributing to resource optimization and operational safety. Inertial sensors, which include accelerometers and gyroscopes, are essential in applications ranging from personal fitness trackers to automotive safety systems, providing critical data for motion detection and orientation. Image sensors are increasingly used in various sectors for surveillance, quality control, and vehicle monitoring, translating visual information into actionable insights.

    Motion sensors find their applications in security systems and home automation, contributing to enhanced safety and convenience. 

    CO2 sensors are crucial for monitoring air quality, especially in urban areas, contributing to environmental health and compliance with regulations. Occupancy sensors are becoming prevalent in smart building designs, helping in energy conservation by controlling lighting and HVAC systems based on presence detection. Finally, Magnetometer sensors are utilized for navigation and positioning applications, particularly in smartphones and automotive systems. The demand for these sensors in South Korea is further fueled by the government's push for smart city initiatives and the integration of Internet of Things technology in everyday life. 

    As a result, the landscape of the South Korea IoT Sensor Market is not only diverse but also evolving, showcasing a blend of innovation and practicality that supports the country's vision for a technology-driven future. The ability of these sensors to facilitate connectivity, automation, and sustainability highlights their significance in contributing to various sectors, underscoring the dynamic nature of the South Korea IoT Sensor Market. The growth trajectory reflects an increasing recognition of the benefits these sensors bring to both consumers and enterprises, aligning with the broader industrial advancements in the region.

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    IoT Sensor Market Vertical Insights

    The South Korea IoT Sensor Market, particularly in the Vertical segment, showcases a dynamic landscape characterized by distinct applications across various sectors. The integration of IoT sensors within the consumer space is driving innovation, enhancing smart home solutions and personal devices, contributing to the rise in consumer electronics. Meanwhile, the industrial sector benefits significantly from these sensors, enabling improved operational efficiency through real-time monitoring and predictive maintenance, which is essential for optimizing production processes.

    In the commercial arena, IoT sensors are pivotal in enhancing customer experiences and streamlining operations, enabling industries such as retail to leverage data for personalized marketing strategies. 

    This vertical segmentation highlights the adaptability and critical importance of IoT sensor technology across diverse applications in South Korea, reflecting the increasing trend toward digital transformation across multiple facets of daily life and business operations. Despite facing challenges such as data security concerns and integration complexities, the continuous advancements in IoT technologies present ample opportunities for growth and innovation within these sectors.

    Get more detailed insights about South Korea IoT Sensor Market Research Report - Forecast till 2035

    Regional Insights

    Key Players and Competitive Insights

    The South Korea IoT Sensor Market has become increasingly competitive as businesses and consumers continue to adopt smart technologies across various industries. This market is characterized by a diverse range of players that are consistently innovating to meet the growing demand for connected devices and advanced sensor solutions. Companies are focusing on enhancing their product portfolios with cutting-edge technologies, such as artificial intelligence and machine learning, which are essential for effective data collection, analysis, and management within an IoT ecosystem.

    As the demand for smart homes, smart cities, and industrial automation grows, players in the South Korean market are coming up with strategies that enhance their market presence, foster partnerships, and leverage localized R&D capabilities to differentiate themselves from competitors.

    Google has established a notable presence in the South Korea IoT Sensor Market primarily through its advanced technology and cutting-edge software solutions. The company's strengths are underscored by its significant investment in artificial intelligence and cloud computing, which are vital for the development of IoT.sensor technologies. Google’s robust infrastructure supports the vast data processing and analytics needs of various industries, making it an attractive partner for businesses looking to enhance their IoT capabilities in South Korea.

    By focusing on optimizing user experiences and developing seamlessly integrated ecosystems, Google is able to set itself apart from competitors, tailoring its offerings to meet the specific needs of South Korean consumers and businesses engaged in the IoT space.

    Hyundai Motor has positioned itself as a formidable player in the South Korea IoT Sensor Market, leveraging its extensive experience in automotive technology and smart mobility solutions. The company offers a range of key services, including connected car technology, vehicle sensors, and advanced driver-assistance systems, enhancing the overall user experience in smart transportation. Hyundai Motor's strengths lie in its robust research and development capabilities and partnerships with technology firms to innovate continuously. 

    The company's strategic initiatives, including mergers and acquisitions with tech startups, further bolster its market presence by integrating cutting-edge IoT sensor technologies into its vehicles. By actively investing in sustainable mobility solutions and collaborating with local and global partners, Hyundai Motor is well-positioned to meet the burgeoning demand for IoT-enabled services in South Korea.

    Key Companies in the South Korea IoT Sensor Market market include

    Industry Developments

    Recent developments in the South Korea IoT Sensor Market indicate robust growth and innovation among key players. In October 2023, LG Electronics announced a significant advancement in its IoT sensor technology, enhancing smart city infrastructure in collaboration with local governments. Meanwhile, Hyundai Motor revealed its strategic investment in IoT and connected vehicle sensors to improve automotive safety and efficiency. 

    On the corporate front, SK Telecom launched a new line of smart home sensors aimed at integrating home automation seamlessly with mobile services. In terms of mergers and acquisitions, notable activity includes Samsung Electronics acquiring a smaller sensor technology firm in January 2023, bolstering its R&D capabilities in IoT advancements. Additionally, Bytedance has partnered with local tech firms to develop IoT solutions for various applications, reflecting a trend toward collaborative innovation in the market. 

    The Korea Electronics Technology Institute has been actively promoting IoT sensor development through various initiatives, emphasizing readiness for the next industrial revolution. Over the past couple of years, the market has witnessed a continuous influx of investments aimed at enhancing sensor technology, especially focusing on real-time data analytics and energy efficiency, vital for competitive positioning in the globally evolving tech landscape.

    Market Segmentation

    IoT Sensor Market Type Outlook

    • Consumers
    • Industrial
    • Commercial

    IoT Sensor Market Vertical Outlook

    • Consumers
    • Industrial
    • Commercial

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 1.03 (USD Billion)
    MARKET SIZE 2024 1.06 (USD Billion)
    MARKET SIZE 2035 5.15 (USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 15.43% (2025 - 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 Billion
    KEY COMPANIES PROFILED Google, Hyundai Motor, IBM, LG Electronics, Daegu Gyeongbuk Institute of Science and Technology, Hanwha Techwin, Korea Electronics Technology Institute, Bytedance, SK Telecom, SAP, Cisco Systems, Samsung Electronics, Naver Corporation, Microsoft, KT Corporation
    SEGMENTS COVERED Type, Vertical
    KEY MARKET OPPORTUNITIES Smart city infrastructure development, Agricultural IoT sensor applications, Healthcare remote monitoring solutions, Industrial automation advancements, Environmental monitoring innovations
    KEY MARKET DYNAMICS Growing demand for smart devices, government support and initiatives, advancements in sensor technologies, rising applications in various sectors, increasing focus on data security
    COUNTRIES COVERED South Korea

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    What is the current market size of the South Korea IoT Sensor Market in 2024?

    The South Korea IoT Sensor Market is expected to be valued at 1.06 billion USD in 2024.

    What is the projected market value of the South Korea IoT Sensor Market in 2035?

    In 2035, the market is projected to reach a value of 5.15 billion USD.

    What is the expected compound annual growth rate (CAGR) for the South Korea IoT Sensor Market from 2025 to 2035?

    The expected CAGR for the South Korea IoT Sensor Market is 15.43% from 2025 to 2035.

    Which type of IoT sensors is expected to dominate the market by 2035?

    By 2035, both Flow and Proximity sensors are expected to dominate the market, each valued at 1.07 billion USD.

    What are the key players operating in the South Korea IoT Sensor Market?

    Major players in the market include Google, Hyundai Motor, IBM, LG Electronics, and Samsung Electronics.

    What is the market size for Temperature sensors in the South Korea IoT Sensor Market in 2024?

    The Temperature sensor segment is valued at 0.25 billion USD in 2024.

    How will the South Korea IoT Sensor Market growth rate be influenced by emerging trends?

    The growth of the South Korea IoT Sensor Market is driven by technological advancements and increased adoption across various applications.

    What are the projected market values for Acoustic sensors by 2035?

    The Acoustic sensor market is expected to grow to 0.88 billion USD by 2035.

    What challenges might the South Korea IoT Sensor Market face in the coming years?

    Challenges include regulatory compliance and the need for integration across various industries.

    How is the South Korea IoT Sensor Market expected to perform in terms of growth per segment?

    The market is expected to see significant growth across all segments from 2025 to 2035, particularly in Flow and Pressure sensors.

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. South Korea IoT Sensor Market, BY Type (USD Billion)
    45. Proximity
    46. Acoustic
    47. Temperature
    48. Pressure
    49. Flow
    50. Humidity
    51. Inertial
    52. Image
    53. Motion
    54. CO2
    55. Gyroscope
    56. Occupancy
    57. Magnetometer
    58. South Korea IoT Sensor Market, BY Vertical (USD Billion)
    59. Consumers
    60. Industrial
    61. Commercial
    62. Competitive Landscape
    63. Overview
    64. Competitive Analysis
    65. Market share Analysis
    66. Major Growth Strategy in the IoT Sensor Market
    67. Competitive Benchmarking
    68. Leading Players in Terms of Number of Developments in the IoT Sensor Market
    69. Key developments and growth strategies
    70. New Product Launch/Service Deployment
    71. Merger & Acquisitions
    72. Joint Ventures
    73. Major Players Financial Matrix
    74. Sales and Operating Income
    75. Major Players R&D Expenditure. 2023
    76. Company Profiles
    77. Google
    78. Financial Overview
    79. Products Offered
    80. Key Developments
    81. SWOT Analysis
    82. Key Strategies
    83. Hyundai Motor
    84. Financial Overview
    85. Products Offered
    86. Key Developments
    87. SWOT Analysis
    88. Key Strategies
    89. IBM
    90. Financial Overview
    91. Products Offered
    92. Key Developments
    93. SWOT Analysis
    94. Key Strategies
    95. LG Electronics
    96. Financial Overview
    97. Products Offered
    98. Key Developments
    99. SWOT Analysis
    100. Key Strategies
    101. Daegu Gyeongbuk Institute of Science and Technology
    102. Financial Overview
    103. Products Offered
    104. Key Developments
    105. SWOT Analysis
    106. Key Strategies
    107. Hanwha Techwin
    108. Financial Overview
    109. Products Offered
    110. Key Developments
    111. SWOT Analysis
    112. Key Strategies
    113. Korea Electronics Technology Institute
    114. Financial Overview
    115. Products Offered
    116. Key Developments
    117. SWOT Analysis
    118. Key Strategies
    119. Bytedance
    120. Financial Overview
    121. Products Offered
    122. Key Developments
    123. SWOT Analysis
    124. Key Strategies
    125. SK Telecom
    126. Financial Overview
    127. Products Offered
    128. Key Developments
    129. SWOT Analysis
    130. Key Strategies
    131. SAP
    132. Financial Overview
    133. Products Offered
    134. Key Developments
    135. SWOT Analysis
    136. Key Strategies
    137. Cisco Systems
    138. Financial Overview
    139. Products Offered
    140. Key Developments
    141. SWOT Analysis
    142. Key Strategies
    143. Samsung Electronics
    144. Financial Overview
    145. Products Offered
    146. Key Developments
    147. SWOT Analysis
    148. Key Strategies
    149. Naver Corporation
    150. Financial Overview
    151. Products Offered
    152. Key Developments
    153. SWOT Analysis
    154. Key Strategies
    155. Microsoft
    156. Financial Overview
    157. Products Offered
    158. Key Developments
    159. SWOT Analysis
    160. Key Strategies
    161. KT Corporation
    162. Financial Overview
    163. Products Offered
    164. Key Developments
    165. SWOT Analysis
    166. Key Strategies
    167. References
    168. Related Reports
    169. South Korea IoT Sensor Market SIZE ESTIMATES & FORECAST, BY TYPE, 2019-2035 (USD Billions)
    170. South Korea IoT Sensor Market SIZE ESTIMATES & FORECAST, BY VERTICAL, 2019-2035 (USD Billions)
    171. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    172. ACQUISITION/PARTNERSHIP
    173. MARKET SYNOPSIS
    174. SOUTH KOREA IOT SENSOR MARKET ANALYSIS BY TYPE
    175. SOUTH KOREA IOT SENSOR MARKET ANALYSIS BY VERTICAL
    176. KEY BUYING CRITERIA OF IOT SENSOR MARKET
    177. RESEARCH PROCESS OF MRFR
    178. DRO ANALYSIS OF IOT SENSOR MARKET
    179. DRIVERS IMPACT ANALYSIS: IOT SENSOR MARKET
    180. RESTRAINTS IMPACT ANALYSIS: IOT SENSOR MARKET
    181. SUPPLY / VALUE CHAIN: IOT SENSOR MARKET
    182. IOT SENSOR MARKET, BY TYPE, 2025 (% SHARE)
    183. IOT SENSOR MARKET, BY TYPE, 2019 TO 2035 (USD Billions)
    184. IOT SENSOR MARKET, BY VERTICAL, 2025 (% SHARE)
    185. IOT SENSOR MARKET, BY VERTICAL, 2019 TO 2035 (USD Billions)
    186. BENCHMARKING OF MAJOR COMPETITORS

    South Korea IoT Sensor Market Segmentation

    • IoT Sensor Market By Type (USD Billion, 2019-2035)

      • Proximity
      • Acoustic
      • Temperature
      • Pressure
      • Flow
      • Humidity
      • Inertial
      • Image
      • Motion
      • CO2
      • Gyroscope
      • Occupancy
      • Magnetometer
    • IoT Sensor Market By Vertical (USD Billion, 2019-2035)

      • Consumers
      • Industrial
      • Commercial
    Report Infographic
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    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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