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    South Korea Satellite Enabled Iot Software Market

    ID: MRFR/ICT/59696-HCR
    200 Pages
    Aarti Dhapte
    October 2025

    South Korea Satellite-enabled IoT Software Market Research Report By Application (Asset Tracking, Remote Monitoring, Smart Agriculture, Smart Cities, Disaster Management), By Deployment Type (Cloud-based, On-premises, Hybrid), By End Use (Transportation and Logistics, Healthcare, Agriculture, Energy and Utilities, Government) and By Technology (LPWAN Technologies, Satellite Communication, Sensor Integration, Data Analytics, Machine Learning)- Forecast to 2035

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    South Korea Satellite Enabled Iot Software Market Infographic
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    South Korea Satellite Enabled Iot Software Market Summary

    As per MRFR analysis, the satellite-enabled IoT software market size was estimated at 155.92 USD Million in 2024. The satellite enabled-iot-software market is projected to grow from 177.0 USD Million in 2025 to 629.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 13.52% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The South Korea satellite enabled-IoT-software market is experiencing robust growth driven by technological advancements and increasing demand across various sectors.

    • The agriculture segment is the largest, reflecting a notable increase in the adoption of satellite-enabled IoT solutions for precision farming.
    • Enhanced connectivity for remote areas is a key trend, facilitating better data collection and management in previously underserved regions.
    • Government initiatives and support are fostering a favorable environment for the expansion of satellite-enabled IoT applications.
    • Rising demand for smart cities and advancements in satellite technology are major drivers propelling market growth.

    Market Size & Forecast

    2024 Market Size 155.92 (USD Million)
    2035 Market Size 629.0 (USD Million)

    Major Players

    Iridium Communications Inc (US), Inmarsat Global Limited (GB), SES S.A. (LU), Hughes Network Systems LLC (US), Thales Group (FR), Orbcomm Inc (US), Globalstar Inc (US), Kongsberg Gruppen (NO)

    South Korea Satellite Enabled Iot Software Market Trends

    The satellite enabled-iot-software market is experiencing notable growth, driven by advancements in technology and increasing demand for connectivity in remote areas. South Korea, with its robust telecommunications infrastructure, is well-positioned to leverage satellite technology for IoT applications. The integration of satellite systems with IoT devices enhances data transmission capabilities, enabling real-time monitoring and control across various sectors, including agriculture, transportation, and energy management. This synergy appears to foster innovation, as companies explore new applications and services that capitalize on the unique advantages of satellite connectivity. Moreover, the South Korean government is actively promoting initiatives to enhance satellite communication capabilities, which may further stimulate the satellite enabled-iot-software market. Investments in research and development, along with collaborations between public and private sectors, suggest a commitment to advancing this technology. As industries increasingly recognize the potential of satellite-enabled solutions, the market is likely to expand, offering new opportunities for businesses and improving operational efficiencies. The future landscape may witness a surge in applications that utilize satellite data, thereby transforming how industries operate and interact with their environments.

    Increased Adoption in Agriculture

    The satellite enabled-iot-software market is witnessing a rise in adoption within the agricultural sector. Farmers are utilizing satellite technology to monitor crop health, soil conditions, and weather patterns. This integration allows for precision farming, optimizing resource use and enhancing yield. As agricultural practices evolve, the demand for satellite-enabled solutions is likely to grow.

    Enhanced Connectivity for Remote Areas

    Remote regions in South Korea are increasingly benefiting from satellite enabled-iot-software solutions. These technologies provide essential connectivity where traditional infrastructure is lacking. Industries such as logistics and emergency services are leveraging satellite capabilities to ensure reliable communication, which may lead to improved operational efficiency and safety.

    Government Initiatives and Support

    The South Korean government is actively supporting the development of satellite technologies, which is expected to bolster the satellite enabled-iot-software market. Initiatives aimed at enhancing satellite communication infrastructure and fostering innovation suggest a favorable environment for growth. This support may encourage private sector investment and collaboration, further driving market expansion.

    South Korea Satellite Enabled Iot Software Market Drivers

    Rising Demand for Smart Cities

    The push towards smart city initiatives in South Korea is driving the satellite enabled-iot-software market. Urban areas are increasingly integrating IoT solutions to enhance infrastructure, improve public services, and optimize resource management. The South Korean government has allocated approximately $1.5 billion for smart city projects, which includes the deployment of satellite-enabled IoT technologies. This investment is expected to facilitate real-time data collection and analysis, thereby improving urban planning and management. As cities become more interconnected, the demand for satellite enabled-iot-software solutions is likely to grow, enabling better traffic management, waste disposal, and energy efficiency. The satellite enabled-iot-software market is poised to benefit from this trend, as municipalities seek to leverage advanced technologies to create more livable and sustainable urban environments.

    Advancements in Satellite Technology

    Technological advancements in satellite systems are playing a pivotal role in shaping the satellite enabled-iot-software market. Innovations such as miniaturized satellites and improved data transmission capabilities are enhancing the functionality and accessibility of satellite-based IoT solutions. In South Korea, the development of high-throughput satellites is enabling faster and more reliable data communication, which is essential for real-time applications. The government has invested heavily in satellite technology, with plans to launch several new satellites in the coming years. These advancements are likely to expand the range of applications for satellite enabled-iot-software, making it more attractive to various sectors, including agriculture, transportation, and disaster management. As technology continues to evolve, the market is expected to experience significant growth driven by enhanced capabilities.

    Expansion of Industrial IoT Applications

    The industrial sector in South Korea is undergoing a transformation, with a notable shift towards automation and data-driven decision-making. This trend is significantly impacting the satellite enabled-iot-software market, as industries seek to enhance operational efficiency and reduce costs. The South Korean manufacturing sector, which contributes around 30% to the national GDP, is increasingly adopting IoT solutions to monitor equipment, manage supply chains, and ensure quality control. The integration of satellite technology allows for real-time monitoring of remote assets, which is crucial for industries such as mining, agriculture, and logistics. As companies recognize the potential of satellite enabled-iot-software to streamline operations and improve productivity, the market is expected to witness substantial growth in the coming years.

    Growing Interest in Remote Asset Management

    The need for effective remote asset management is becoming increasingly critical in South Korea, particularly in sectors such as agriculture, logistics, and energy. The satellite enabled-iot-software market is well-positioned to address this need, as it provides solutions for monitoring and managing assets located in remote or hard-to-reach areas. With the rise of e-commerce and the demand for efficient supply chain management, companies are seeking ways to track their assets in real-time. Satellite technology offers a viable solution, enabling businesses to monitor equipment, vehicles, and inventory from virtually anywhere. This trend is likely to drive the adoption of satellite enabled-iot-software, as organizations recognize the benefits of enhanced visibility and control over their operations.

    Increased Focus on Environmental Monitoring

    Environmental concerns are becoming increasingly prominent in South Korea, prompting a greater emphasis on monitoring and managing natural resources. The satellite enabled-iot-software market is likely to benefit from this trend, as organizations and government agencies seek to utilize satellite technology for environmental monitoring. Applications include tracking air and water quality, monitoring deforestation, and managing natural disasters. The South Korean government has committed to reducing greenhouse gas emissions by 37% by 2030, which necessitates effective monitoring systems. Satellite enabled-iot-software can provide critical data for environmental assessments, enabling timely interventions and policy adjustments. This growing focus on sustainability and environmental protection is expected to drive demand for innovative satellite solutions in the market.

    Market Segment Insights

    South Korea

    South Korea Satellite-enabled IoT Software Market Segment Insights

    Satellite-enabled

    Satellite-enabled IoT Software Market Application Insights

    ,

    The Application segment of the South Korea Satellite-enabled IoT Software Market plays a pivotal role in harnessing satellite technology to enhance various societal functions and improve operational efficiency across industries. The integration of satellite technology in applications such as Asset Tracking, Remote Monitoring, Smart Agriculture, Smart Cities, and Disaster Management showcases the market's potential to revolutionize traditional methodologies. Asset Tracking utilizes satellite systems to provide precise location data and real-time insights, proving essential for businesses to manage their resources effectively and safeguard their assets.

    Remote Monitoring is equally significant as it enables the oversight of equipment and environmental conditions from afar, driving informed decision-making, particularly in sectors such as energy and logistics. The Smart Agriculture application leverages innovations in satellite technology to optimize crop management and improve yields, which is crucial given South Korea's focus on enhancing food security and sustainable farming practices. Meanwhile, Smart Cities initiatives are rapidly gaining traction, integrating IoT solutions to improve urban infrastructure, reduce energy consumption, and enhance citizens' quality of life.This trend aligns with South Korea's commitment to developing intelligent urban environments. 

    Disaster Management represents another vital area where satellite-enabled IoT software proves invaluable; it aids in real-time surveillance and rapid response to natural disasters, thereby enhancing public safety and resilience. Each of these applications addresses specific challenges within the South Korean economy and society, creating significant growth opportunities while highlighting the essential role of the South Korea Satellite-enabled IoT Software Market in facilitating advancements across multiple fronts.

    The synergy between government policies promoting digital transformation and private sector investments in technology further accelerates progress in these areas, aligning with national goals and international partnerships for technological innovation.

    Satellite-enabled

    Satellite-enabled IoT Software Market Deployment Type Insights

    The South Korea Satellite-enabled IoT Software Market is experiencing notable expansion, particularly through its Deployment Type segment, which encompasses Cloud-based, On-premises, and Hybrid solutions. Cloud-based deployment offers flexibility and scalability, allowing organizations to manage large datasets and applications efficiently while reducing infrastructure costs. On-premises solutions, favored by sectors requiring high security and control over their data, are significant as they facilitate customized workflows tailored to specific business needs.Meanwhile, Hybrid deployment brings the advantages of both cloud and on-premises systems, catering to diverse operational requirements and enabling businesses to optimize resource utilization. 

    This diversity in deployment options is driven by the increasing demand for reliable connectivity and interoperability, as South Korea continues to strengthen its digital landscape and IoT ecosystem. Government initiatives promoting smart cities and Industry 4.0 further enhance the relevance of these deployment types, illustrating the vital role they play in advancing technological integration across various sectors, including agriculture, manufacturing, and transportation.As the adoption of IoT technologies continues to evolve, understanding the specific dynamics of each deployment type will be crucial for stakeholders seeking to leverage the full potential of satellite-enabled capabilities in South Korea.

    Satellite-enabled

    Satellite-enabled IoT Software Market End Use Insights

    The South Korea Satellite-enabled IoT Software Market is increasingly shaped by its diverse range of end uses, reflecting the country's technological advancements and strategic objectives. The Transportation and Logistics sector plays a pivotal role, leveraging satellite-enabled solutions for real-time tracking and optimization of supply chains, which enhances efficiency and reduces costs. In Healthcare, these solutions facilitate remote monitoring and telemedicine services, ensuring better patient management and timely medical assistance, especially in rural areas where access to healthcare may be limited.

    Agriculture benefits from satellite IoT technologies that provide precise monitoring of crop health and environmental conditions, thereby improving yields and promoting sustainable practices. The Energy and Utilities sector utilizes satellite-enabled IoT for grid management and resource monitoring, which is essential for addressing energy demands and enhancing sustainability initiatives. Government applications also harness these technologies to improve public services and infrastructure management, showcasing their significance in governance and urban planning.Overall, these segments highlight the multifaceted nature of the South Korea Satellite-enabled IoT Software Market, driven by innovation and the increasing need for connectivity across industries.

    Satellite-enabled

    Satellite-enabled IoT Software Market Technology Insights

    The South Korea Satellite-enabled IoT Software Market encompasses a diverse range of technological advancements, with segments such as LPWAN Technologies, Satellite Communication, Sensor Integration, Data Analytics, and Machine Learning playing crucial roles in its development. LPWAN Technologies are essential for facilitating long-range communication with minimal power consumption, supporting vast numbers of connected devices. Satellite Communication is pivotal for providing reliable connectivity, particularly in remote or rural areas where traditional infrastructure may be lacking.

    South Korea

    Sensor Integration enhances the functionality of IoT systems by allowing real-time monitoring and data collection, which is vital in sectors like agriculture, smart cities, and transportation. Data Analytics is increasingly significant as it transforms raw data into actionable insights, aiding businesses in decision-making processes. Machine Learning contributes by enabling predictive analytics and automation, driving efficiencies and innovation within various industries.

    As South Korea continues to focus on enhancing its digital infrastructure and expanding its IoT capabilities, these technology segments will be instrumental in shaping the future landscape of the South Korea Satellite-enabled IoT Software Market.The continued integration of advanced technologies promises to unlock numerous opportunities within the growing IoT ecosystem.

    South Korea Satellite-enabled

    Get more detailed insights about South Korea Satellite Enabled Iot Software Market

    Key Players and Competitive Insights

    The satellite enabled-iot-software market in South Korea is characterized by a dynamic competitive landscape, driven by advancements in technology and increasing demand for connectivity in remote areas. Key players such as Iridium Communications Inc (US), Inmarsat Global Limited (GB), and SES S.A. (LU) are at the forefront, each adopting distinct strategies to enhance their market presence. Iridium Communications Inc (US) focuses on expanding its global network capabilities, while Inmarsat Global Limited (GB) emphasizes partnerships with local telecommunications firms to enhance service delivery. SES S.A. (LU) is investing in innovative satellite technologies to improve data transmission efficiency, collectively shaping a competitive environment that prioritizes technological advancement and customer-centric solutions.

    The market structure appears moderately fragmented, with several players vying for market share through various business tactics. Companies are increasingly localizing manufacturing and optimizing supply chains to reduce costs and improve service delivery. This competitive structure allows for a diverse range of offerings, enabling customers to select solutions that best meet their specific needs, while also fostering innovation as companies strive to differentiate themselves in a crowded marketplace.

    In October 2025, Inmarsat Global Limited (GB) announced a strategic partnership with a leading South Korean telecommunications provider to enhance its IoT service offerings in the region. This collaboration is expected to leverage local expertise and infrastructure, thereby improving service reliability and expanding market reach. Such partnerships are crucial as they not only enhance operational capabilities but also align with the growing trend of localized service delivery in the satellite enabled-iot-software market.

    In September 2025, SES S.A. (LU) launched a new satellite designed specifically for IoT applications, which is anticipated to significantly enhance connectivity for remote operations in South Korea. This strategic move underscores SES's commitment to innovation and positions the company to capture a larger share of the growing IoT market. The introduction of this satellite is likely to facilitate more efficient data transmission, thereby attracting businesses that require reliable connectivity in challenging environments.

    In November 2025, Iridium Communications Inc (US) unveiled an upgraded version of its satellite communication platform, which integrates advanced AI capabilities to optimize data routing and enhance user experience. This development reflects a broader trend towards digitalization and AI integration within the industry, suggesting that companies are increasingly focusing on technological advancements to maintain competitive advantage. The incorporation of AI into satellite communications may lead to improved operational efficiencies and customer satisfaction, further solidifying Iridium's position in the market.

    As of November 2025, the competitive trends within the satellite enabled-iot-software market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in enhancing service offerings and expanding market reach. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition towards a focus on innovation, technological advancements, and supply chain reliability, as companies strive to meet the growing demands of a digitally connected world.

    Key Companies in the South Korea Satellite Enabled Iot Software Market market include

    Industry Developments

    Recent developments in the South Korea Satellite-enabled IoT Software Market have seen significant activities from key players like Samsung Electronics, SK Telecom, and LG Electronics, all increasing their investments in satellite communications and IoT integration. In January 2023, KT Corporation launched its satellite-based IoT service to enhance connectivity in rural areas, which has been pivotal in driving market growth.

    KT publicly designated satellite and AI networks as fundamental to its 6G roadmap in March 2025. At MWC 2025, the company demonstrated 5G NTN satellite communication using Koreasat geostationary infrastructure, projecting reliable coverage across land, sea, and air with hybrid NTN-enabled IoT services. In June 2025, South Korea approved regulatory licenses and cross-border supply agreements for LEO satellite services from SpaceX's Starlink (via SK Telecom's Starlink Korea subsidiary) and Eutelsat OneWeb (via Hanwha Systems and KT SAT). 

    This approval paves the way for commercial satellite-IoT connectivity in the enterprise, maritime, and government sectors. In June 2025, In order to establish a national satellite-IoT ecosystem by 2030, South Korea's ETRI has chosen Hanwha Systems, Korea Aerospace Industries, KT SAT, SK Telecom, and LG U+ to develop a 6G-standard NTN low-orbit satellite communication system. This system will include a payload, inter-satellite connections, and terminals.

    South Korea Satellite-enabled

    Future Outlook

    South Korea Satellite Enabled Iot Software Market Future Outlook

    The satellite enabled-iot-software market is projected to grow at a 13.52% CAGR from 2024 to 2035, driven by advancements in connectivity, data analytics, and demand for remote monitoring solutions.

    New opportunities lie in:

    • Development of integrated satellite-IoT platforms for smart agriculture solutions.
    • Expansion of satellite-based logistics tracking systems for supply chain optimization.
    • Creation of customized satellite communication services for disaster management applications.

    By 2035, the market is expected to achieve substantial growth, driven by innovative applications and enhanced connectivity.

    Market Segmentation

    South Korea Satellite Enabled Iot Software Market End Use Outlook

    • Transportation and Logistics
    • Healthcare
    • Agriculture
    • Energy and Utilities
    • Government

    South Korea Satellite Enabled Iot Software Market Technology Outlook

    • LPWAN Technologies
    • Satellite Communication
    • Sensor Integration
    • Data Analytics
    • Machine Learning

    South Korea Satellite Enabled Iot Software Market Application Outlook

    • Asset Tracking
    • Remote Monitoring
    • Smart Agriculture
    • Smart Cities
    • Disaster Management

    South Korea Satellite Enabled Iot Software Market Deployment Type Outlook

    • Cloud-based
    • On-premises
    • Hybrid

    Report Scope

    MARKET SIZE 2024 155.92(USD Million)
    MARKET SIZE 2025 177.0(USD Million)
    MARKET SIZE 2035 629.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 13.52% (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 Iridium Communications Inc (US), Inmarsat Global Limited (GB), SES S.A. (LU), Hughes Network Systems LLC (US), Thales Group (FR), Orbcomm Inc (US), Globalstar Inc (US), Kongsberg Gruppen (NO)
    Segments Covered Application, Deployment Type, End Use, Technology
    Key Market Opportunities Integration of advanced analytics in satellite enabled-iot-software market enhances operational efficiency and decision-making.
    Key Market Dynamics Growing demand for satellite enabled IoT software driven by advancements in connectivity and regulatory support in South Korea.
    Countries Covered South Korea

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    FAQs

    What is the expected market size of the South Korea Satellite Enabled IoT Software Market in 2024?

    The South Korea Satellite Enabled IoT Software Market is expected to be valued at 149.24 million USD in 2024.

    What will be the market size of the South Korea Satellite Enabled IoT Software Market by 2035?

    By 2035, the market is expected to reach a value of 540.0 million USD.

    What is the expected Compound Annual Growth Rate (CAGR) for the South Korea Satellite Enabled IoT Software Market from 2025 to 2035?

    The expected CAGR for the market from 2025 to 2035 is 12.402%.

    Which application currently holds the largest market share in the South Korea Satellite Enabled IoT Software Market?

    As of 2024, Asset Tracking holds the largest market share, valued at 35.0 million USD.

    What will the market size for Remote Monitoring be in 2035 within the South Korea Satellite Enabled IoT Software Market?

    The market size for Remote Monitoring is expected to reach 105.0 million USD by 2035.

    Who are the key players in the South Korea Satellite Enabled IoT Software Market?

    Major players in the market include Samsung Electronics, SK Telecom, and Korea Satellite Communications among others.

    What is the projected growth of the Smart Cities application from 2024 to 2035?

    The Smart Cities application is expected to grow from 36.0 million USD in 2024 to 130.0 million USD by 2035.

    What challenges are currently facing the South Korea Satellite Enabled IoT Software Market?

    Challenges include ensuring robust infrastructure and addressing the regulatory environment affecting satellite communications.

    How is the Disaster Management application expected to evolve in the market by 2035?

    The Disaster Management application is projected to increase from 20.24 million USD in 2024 to 80.0 million USD by 2035.

    What opportunities exist in the South Korea Satellite Enabled IoT Software Market?

    Opportunities include expanding applications in Smart Agriculture and increasing demand for remote monitoring solutions.

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