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South Korea Smart Home Appliances Market

ID: MRFR/SEM/47381-HCR
200 Pages
Garvit Vyas
February 2026

South Korea Smart Home Appliances Market Size, Share and Research Report By Product (Refrigerator, Dishwasher, Washing Machine, Air Conditioner), By Technology (Wi-Fi, ZigBee, Bluetooth, Cellular Technology, Radio Frequency Identification), andBy Distribution Channel (Offline, Online)- Industry Forecast Till 2035

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South Korea Smart Home Appliances Market Infographic
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South Korea Smart Home Appliances Market Summary

As per Market Research Future analysis, the South Korea smart home-appliances market size was estimated at 1500.0 USD Million in 2024. The South Korea smart home-appliances market is projected to grow from 1785.6 USD Million in 2025 to 10200.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 19.0% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The South Korea smart home-appliances market is experiencing robust growth driven by technological advancements and consumer preferences.

  • The integration of AI and IoT technologies is transforming the smart home-appliances landscape in South Korea.
  • Energy efficiency remains a key focus, with consumers increasingly seeking eco-friendly solutions in their home appliances.
  • The largest segment in the market is home security solutions, while the fastest-growing segment is energy-efficient appliances.
  • Rising consumer demand for convenience and technological advancements in smart appliances are major drivers of market growth.

Market Size & Forecast

2024 Market Size 1500.0 (USD Million)
2035 Market Size 10200.0 (USD Million)
CAGR (2025 - 2035) 19.04%

Major Players

Amazon (US), Google (US), Apple (US), Samsung (KR), LG (KR), Philips (NL), Honeywell (US), Xiaomi (CN), Bosch (DE)

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Enabled $4.3B Revenue Impact for Fortune 500 and Leading Multinationals
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South Korea Smart Home Appliances Market Trends

The smart home-appliances market in South Korea is experiencing notable growth, driven by increasing consumer interest in home automation and energy efficiency. As technology advances, more households are adopting smart devices that enhance convenience and security. The integration of artificial intelligence and the Internet of Things (IoT) into everyday appliances is reshaping how consumers interact with their homes. This trend is further supported by government initiatives promoting smart technology adoption, which aim to improve energy management and reduce carbon footprints. Moreover, the rising awareness of sustainability is influencing purchasing decisions, as consumers seek appliances that not only offer advanced features but also contribute to environmental conservation. The smart home-appliances market is likely to see a surge in demand for products that are energy-efficient and environmentally friendly. As South Korea continues to invest in smart city projects, the market is poised for further expansion, with innovations that cater to the evolving needs of tech-savvy consumers.

Integration of AI and IoT

The incorporation of artificial intelligence and the Internet of Things into smart home-appliances is transforming user experiences. Consumers are increasingly drawn to devices that offer seamless connectivity and automation, allowing for remote control and monitoring. This trend enhances convenience and efficiency, making daily tasks simpler.

Focus on Energy Efficiency

There is a growing emphasis on energy-efficient appliances within the smart home-appliances market. Consumers are becoming more environmentally conscious, seeking products that reduce energy consumption and lower utility costs. This shift is likely to drive innovation in energy-saving technologies.

Government Support for Smart Technology

Government initiatives aimed at promoting smart technology adoption are playing a crucial role in the market's growth. Policies encouraging the use of smart appliances contribute to increased consumer confidence and investment in home automation, fostering a favorable environment for market expansion.

South Korea Smart Home Appliances Market Drivers

Integration of Smart Home Ecosystems

The integration of smart home ecosystems serves as a vital driver for the smart home-appliances market in South Korea. Consumers are increasingly drawn to interconnected devices that can communicate and operate seamlessly together. This trend is exemplified by the rise of smart hubs that allow users to control various appliances from a single interface. The market for smart home ecosystems is projected to grow by approximately 25% in the next few years, as consumers seek cohesive solutions that enhance convenience and efficiency. This integration fosters a more user-friendly experience, thereby driving the expansion of the smart home-appliances market.

Rising Consumer Demand for Convenience

The smart home-appliances market in South Korea experiences a notable surge in consumer demand for convenience-driven solutions. As lifestyles become increasingly hectic, consumers seek appliances that simplify daily tasks. This trend is reflected in the growing adoption of smart kitchen devices, such as automated cooking systems and smart refrigerators, which enhance efficiency. According to recent data, the market for smart kitchen appliances is projected to grow by approximately 15% annually, indicating a robust appetite for innovative solutions. This rising demand for convenience is a key driver, as consumers prioritize products that save time and effort, thereby propelling the smart home-appliances market forward.

Sustainability and Eco-Friendly Products

Sustainability emerges as a significant driver in the smart home-appliances market in South Korea. Consumers are increasingly aware of environmental issues and are seeking eco-friendly appliances that reduce energy consumption and minimize waste. Smart appliances equipped with energy-saving features, such as smart washing machines that optimize water usage, are gaining traction. Data suggests that the market for energy-efficient appliances is expected to expand by 18% over the next few years, as consumers prioritize sustainability in their purchasing choices. This shift towards eco-friendly products not only aligns with consumer values but also propels the growth of the smart home-appliances market.

Increased Focus on Home Security Solutions

The smart home-appliances market in South Korea is significantly influenced by the heightened focus on home security solutions. With rising concerns about safety, consumers are increasingly investing in smart security systems, including surveillance cameras and smart locks. These devices not only provide real-time monitoring but also offer remote access features, allowing homeowners to manage security from anywhere. Recent statistics indicate that the market for smart security appliances is anticipated to grow by 20% in the coming years, reflecting the urgent need for enhanced home protection. This growing emphasis on security is a crucial driver for the smart home-appliances market, as consumers prioritize safety in their purchasing decisions.

Technological Advancements in Smart Appliances

Technological advancements play a pivotal role in shaping the smart home-appliances market in South Korea. Innovations in connectivity, such as enhanced Wi-Fi and Bluetooth capabilities, enable seamless integration of devices within the home ecosystem. Furthermore, the introduction of machine learning algorithms allows appliances to learn user preferences, optimizing their functionality. For instance, smart thermostats can adjust temperatures based on user behavior, leading to improved energy efficiency. The market is expected to witness a compound annual growth rate (CAGR) of around 12% over the next five years, driven by these technological advancements that enhance user experience and appliance performance.

Market Segment Insights

By Product: Refrigerator (Largest) vs. Washing Machine (Fastest-Growing)

In the South Korea smart home-appliances market, refrigerators hold the largest share, dominating the product segment due to consumer preferences for energy efficiency and advanced features. Conversely, washing machines are witnessing rapid market growth driven by innovations such as smart connectivity and eco-friendly washing options, increasingly appealing to tech-savvy consumers looking for convenience in their lifestyle. The growth trends in this segment are primarily influenced by the rising demand for smart technologies in home appliances. The trend of automation and remote management of devices is further propelling the adoption of washing machines. Meanwhile, refrigerators not only serve as essential kitchen appliances but also integrate smart features that enhance user experience, making them a key player in this competitive market.

Refrigerator (Dominant) vs. Washing Machine (Emerging)

Refrigerators, as the dominant segment in the South Korea smart home-appliances market, are characterized by their innovative designs, energy-efficient technologies, and smart features such as Wi-Fi connectivity and touch screens. These appliances not only provide essential food preservation but also enhance kitchen aesthetics. On the other hand, washing machines are emerging rapidly, supported by technological advancements that focus on ease of use and sustainability. Consumers increasingly prefer washing machines equipped with AI and IoT capabilities that enable remote operation and efficient resource management. This shift towards smarter appliances is reshaping consumer preferences in both categories, with refrigerators leading the way and washing machines quickly catching up.

By Technology: Wi-Fi (Largest) vs. ZigBee (Fastest-Growing)

The South Korea smart home-appliances market exhibits a diverse technological landscape, with Wi-Fi emerging as the largest segment, capturing significant market share due to its widespread adoption and compatibility with a myriad of devices. ZigBee, while smaller in overall share, is rapidly gaining traction, favored for its energy efficiency and mesh networking capabilities, especially in smart lighting and security solutions. Growth in this segment is being propelled by an increasing demand for interconnected devices and automation in households. The rise of the Internet of Things (IoT) and advancements in wireless technologies are key drivers. Furthermore, energy efficiency and cost savings provided by ZigBee are attracting both consumers and manufacturers, paving the way for its emergence as a dominant force in the market.

Technology: Wi-Fi (Dominant) vs. ZigBee (Emerging)

Wi-Fi technology remains the dominant force in the South Korea smart home-appliances market, underpinning countless devices and applications. Its ability to provide high-speed internet connectivity allows seamless control and integration of various smart home systems. Conversely, ZigBee is carving out a reputation as an emerging technology, particularly in applications where low power consumption and reliable performance are crucial. Predominantly seen in lighting controls and home security systems, ZigBee network's mesh topology allows for extensive coverage and scalability. With growing awareness of smart energy solutions, ZigBee is expected to see rapid adoption, positioning itself as an essential technology in the evolving landscape of smart home appliances.

By Distribution Channel: Online (Largest) vs. Offline (Fastest-Growing)

In the South Korea smart home-appliances market, the distribution channels have shown significant variance in market share. The online channel dominates overall sales, largely due to the convenience of e-commerce and increasing consumer preference for digital shopping experiences. This shift has been bolstered by advancements in technology, allowing consumers to easily compare products and make purchases from the comfort of their homes. On the other hand, the offline channel is experiencing rapid growth, driven by the resurgence of in-store experiences and consumers desiring to physically interact with products before buying. Retailers are increasingly investing in experience centers and interactive displays to attract consumers, making shopping more engaging. This resurgence is indicative of a market shift where traditional retail adapts to modern consumer demands, balancing online convenience with offline experience.

Online (Dominant) vs. Offline (Emerging)

The online distribution channel is the dominant force in the South Korea smart home-appliances market, characterized by its ability to continuously adapt to consumer preferences and technological advancements. With a growing number of consumers favoring online shopping, e-commerce platforms provide a vast range of options and competitive pricing, making it highly appealing. Conversely, the offline channel, although currently emerging, is rapidly gaining traction as retailers innovate their approaches, enhancing the in-store experience to attract more foot traffic. This includes personalized customer service, interactive displays, and integrated technology, which together create a unique shopping environment that appeals to consumers preferring direct interaction with products.

Get more detailed insights about South Korea Smart Home Appliances Market

Key Players and Competitive Insights

The smart home-appliances market in South Korea is characterized by a dynamic competitive landscape, driven by rapid technological advancements and increasing consumer demand for convenience and energy efficiency. Major players such as Samsung (KR), LG (KR), Amazon (US), and Google (US) are at the forefront, each adopting distinct strategies to enhance their market presence. Samsung (KR) focuses on innovation and integration of AI into its appliances, while LG (KR) emphasizes sustainability and energy-efficient solutions. Amazon (US) and Google (US) leverage their extensive ecosystems to promote smart home integration, thereby shaping a competitive environment that prioritizes technological advancement and user experience.
Key business tactics within this market include localizing manufacturing and optimizing supply chains to enhance responsiveness to consumer needs. The competitive structure appears moderately fragmented, with several key players exerting influence over market dynamics. This fragmentation allows for a diverse range of products and innovations, fostering a competitive atmosphere where companies must continuously adapt to maintain their market positions.
In October 2025, Samsung (KR) announced the launch of its new line of AI-powered smart refrigerators, which feature advanced food management systems that track inventory and suggest recipes based on available ingredients. This strategic move not only reinforces Samsung's commitment to innovation but also positions the company to capture a larger share of the growing demand for smart kitchen appliances. The integration of AI into everyday appliances is likely to enhance user engagement and satisfaction, thereby driving sales.
In September 2025, LG (KR) unveiled its latest smart washing machine that utilizes AI to optimize washing cycles based on fabric type and load size. This development underscores LG's focus on sustainability, as the machine is designed to reduce water and energy consumption by up to 30%. Such innovations not only appeal to environmentally conscious consumers but also align with global trends towards energy efficiency, potentially enhancing LG's competitive edge in the market.
In August 2025, Amazon (US) expanded its smart home product line by introducing a new range of Alexa-enabled devices that integrate seamlessly with third-party appliances. This strategic expansion reflects Amazon's commitment to creating a comprehensive smart home ecosystem, which may enhance customer loyalty and increase market penetration. By fostering partnerships with various appliance manufacturers, Amazon is likely to strengthen its position as a leader in the smart home segment.
As of November 2025, current trends in the smart home-appliances market include a pronounced shift towards digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are increasingly shaping the competitive landscape, facilitating innovation and enhancing product offerings. Looking ahead, competitive differentiation is expected to evolve, with a greater emphasis on technological innovation and supply chain reliability, rather than solely on price. This shift suggests that companies will need to invest in R&D and strategic partnerships to remain competitive in an ever-evolving market.

Key Companies in the South Korea Smart Home Appliances Market include

Industry Developments

Recent developments in the South Korea Smart Home Appliances Market indicate significant activity among major companies. In October 2023, LG Electronics unveiled advanced AI-powered home appliances that aim to enhance energy efficiency and user convenience, reflecting trends toward smart technology integration. Meanwhile, Samsung Electronics has ramped up its focus on eco-friendly innovations in smart refrigerators and washing machines as part of its sustainability initiative. Notably, in September 2023, a strategic collaboration between Midea and Coway was announced to develop integrated smart home solutions, leveraging both companies' technologies to enhance consumer experience.

Furthermore, Bosch demonstrated advancements in its IoT capabilities, enabling appliances to be controlled remotely through mobile applications, enhancing the convenience for users. The valuation of companies like Panasonic and Xiaomi in this sector continues to grow, driven by rising demand for automation and smart home connectivity. The South Korean market, recognized for its technologically inclined consumers, continues to attract investments aimed at smart and sustainable living solutions. Over the past few years, Samsung Electronics achieved a notable increase in market share, emphasizing smart technology innovations that resonate with consumer preferences for intelligent living.

Future Outlook

South Korea Smart Home Appliances Market Future Outlook

The smart home-appliances market is projected to grow at a 19.04% CAGR from 2025 to 2035, driven by technological advancements, increased consumer demand, and energy efficiency initiatives.

New opportunities lie in:

  • Integration of AI-driven home automation systems for enhanced user experience.
  • Development of energy-efficient appliances to meet sustainability goals.
  • Expansion of subscription-based services for appliance maintenance and upgrades.

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

Market Segmentation

South Korea Smart Home Appliances Market Product Outlook

  • Refrigerator
  • Dishwasher
  • Washing Machine
  • Air Conditioner

South Korea Smart Home Appliances Market Technology Outlook

  • Wi-Fi
  • ZigBee
  • Bluetooth
  • Cellular Technology
  • Radio Frequency Identification

South Korea Smart Home Appliances Market Distribution Channel Outlook

  • Offline
  • Online

Report Scope

MARKET SIZE 2024 1500.0(USD Million)
MARKET SIZE 2025 1785.6(USD Million)
MARKET SIZE 2035 10200.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 19.04% (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 Million
Key Companies Profiled Amazon (US), Google (US), Apple (US), Samsung (KR), LG (KR), Philips (NL), Honeywell (US), Xiaomi (CN), Bosch (DE)
Segments Covered Product, Technology, Distribution Channel
Key Market Opportunities Integration of artificial intelligence in smart home-appliances enhances user experience and energy efficiency.
Key Market Dynamics Rising consumer demand for energy-efficient smart home appliances drives innovation and competition among manufacturers in South Korea.
Countries Covered South Korea
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FAQs

What is the expected market size for the South Korea Smart Home Appliances Market in 2024?

The South Korea Smart Home Appliances Market is expected to be valued at 1.5 billion USD in 2024.

What is the projected market size for the South Korea Smart Home Appliances Market by 2035?

By 2035, the South Korea Smart Home Appliances Market is anticipated to grow to 8.0 billion USD.

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

The anticipated CAGR for the South Korea Smart Home Appliances Market from 2025 to 2035 is 16.437%.

Which product segments are included in the South Korea Smart Home Appliances Market?

The market is segmented into refrigerators, dishwashers, washing machines, and air conditioners.

What is the market value of the refrigerator segment in 2024?

The refrigerator segment of the South Korea Smart Home Appliances Market is valued at 0.35 billion USD in 2024.

What is the projected market value for dishwashers in 2035?

The dishwasher segment is projected to reach 1.1 billion USD by 2035 in the South Korea Smart Home Appliances Market.

Which companies are considered the major players in the South Korea Smart Home Appliances Market?

Major players in this market include Sharp, Whirlpool, Bosch, LG Electronics, Samsung Electronics, and Xiaomi.

What is the expected market value for washing machines in 2024?

The washing machine segment is expected to be valued at 0.4 billion USD in 2024.

What is the projected market value for air conditioners in 2035?

The air conditioner segment is anticipated to grow to 3.1 billion USD by 2035.

What are the key growth drivers for the South Korea Smart Home Appliances Market?

Key growth drivers include increasing consumer demand for automation and energy-efficient appliances.

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