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    South Korea Wi Sun Technology Market

    ID: MRFR/ICT/60943-HCR
    200 Pages
    Aarti Dhapte
    August 2025

    South Korea Wi-SUN Technology Market Research Report By Application (Smart Metering, Smart Lighting, Smart Grid, Home and Building Automation), By Connectivity Type (Point-to-Point, Point-to-Multipoint, Mesh), By End Use (Utilities, Industrial, Residential) and By Frequency Band (Sub-GHz, 2.4 GHz)- Forecast to 2035

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    South Korea Wi Sun Technology Market Research Report- Forecast to 2035 Infographic
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    South Korea Wi Sun Technology Market Summary

    The South Korea Wi-SUN Technology market is poised for substantial growth, projected to reach 367.5 USD Million by 2035.

    Key Market Trends & Highlights

    South Korea Wi-SUN Technology Key Trends and Highlights

    • The market valuation for South Korea Wi-SUN Technology is estimated at 106.8 USD Million in 2024.
    • From 2025 to 2035, the market is expected to grow at a compound annual growth rate of 11.89%.
    • By 2035, the market is anticipated to expand to 367.5 USD Million, indicating robust growth potential.
    • Growing adoption of smart city initiatives due to increased urbanization is a major market driver.

    Market Size & Forecast

    2024 Market Size 106.8 (USD Million)
    2035 Market Size 367.5 (USD Million)
    CAGR (2025-2035) 11.89%

    Major Players

    LG Uplus, Samsung Electronics, SK Telecom, Mando Corporation, Korea Electronics Technology Institute, Posco, Hyundai Heavy Industries, Seoul Semiconductor, Korea Advanced Institute of Science and Technology, LG Electronics, Daewoo Engineering & Construction, KT Corporation, Naver Corporation, Hanwha Q CELLS

    South Korea Wi Sun Technology Market Trends

    As South Korea emphasizes smart city projects, there is a growing awareness of the need for interoperability among existing systems, pushing for standards that can enhance Wi-SUN deployment. This interconnectedness of systems not only presents opportunities for expanded application but also encourages the creation of a more cohesive ecosystem for stakeholders, including municipalities, technology providers, and consumers alike.

    Market Segment Insights

    South Korea Wi-SUN Technology Market Segment Insights

    South Korea Wi-SUN Technology Market Segment Insights

    Wi-SUN Technology Market Application Insights

    Wi-SUN Technology Market Application Insights

    The Application segment of the South Korea Wi-SUN Technology Market is poised for significant growth, driven by the increasing adoption of smart technologies across various sectors. Smart Metering plays a crucial role in this landscape, enabling utilities to optimize operations by providing accurate real-time data and facilitating efficient energy consumption management. Similarly, Smart Lighting has emerged as a vital component, contributing not only to energy efficiency but also enhancing public safety and aesthetic appeal in urban environments.

    The Smart Grid is transforming the energy distribution landscape through advanced communication technologies, leading to better demand response solutions, reduced outages, and enhanced grid reliability. Home and Building Automation is also noteworthy, as it integrates multiple systems to enhance user convenience and control, aligning with South Korea's push towards smart cities and sustainable living. As a nation highly focused on technological innovation and sustainable energy solutions, South Korea's policies actively support the traction of these applications, providing an encouraging environment for businesses involved in Wi-SUN technology.

    The need for improved connectivity and automation is evident as urban populations grow, and smart applications are expected to dominate market activities in the years to come. Additionally, government initiatives aimed at encouraging sustainable infrastructure developments and promoting energy-efficient solutions will further stimulate growth in these areas. Overall, the diverse applications within the South Korea Wi-SUN Technology Market present substantial opportunities for stakeholders, ultimately aligning with broader industry trends that favor energy efficiency, reliability, and enhanced connectivity in urban settings.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Wi-SUN Technology Market Connectivity Type Insights

    Wi-SUN Technology Market Connectivity Type Insights

    The Connectivity Type segment of the South Korea Wi-SUN Technology Market encompasses various approaches that enhance communication efficiency and reliability in smart city applications and IoT deployments. The Point-to-Point configuration is significant due to its ability to establish direct communication links, making it effective for applications requiring high data rates and dedicated connections. 

    On the other hand, the Point-to-Multipoint connectivity model facilitates communication between a single source and multiple receivers, thereby allowing for broader network reach and simpler scalability, which is particularly vital in urban environments where numerous devices need to connect seamlessly.Additionally, the Mesh connectivity type plays a crucial role by enabling devices to interconnect among one another, enhancing network resilience and coverage. This is particularly advantageous in areas where traditional infrastructure might be lacking or in environments with high interference. 

    Overall, the growth of the South Korea Wi-SUN Technology Market is driven by the demand for efficient and scalable connectivity solutions that can adapt to the increasing number of connected devices and growing urbanization challenges in the region. Each of these connectivity types serves a unique purpose that collectively supports the development of smart infrastructure in South Korea.

    Wi-SUN Technology Market End Use Insights

    Wi-SUN Technology Market End Use Insights

    The South Korea Wi-SUN Technology Market notably encompasses an End Use segmentation that plays a pivotal role in the broader market landscape. Within the Utilities sector, Wi-SUN technology enhances operational efficiency and reliability, enabling smart grid applications and fostering energy management initiatives essential for sustainability, particularly as South Korea pursues ambitious renewable energy targets. The Industrial segment increasingly leverages this technology to optimize asset monitoring and control processes, driving significant advancements in automation and data analytics, which are vital for maintaining competitive advantages in manufacturing.

    Meanwhile, the Residential category benefits from Wi-SUN technology with applications in home automation and energy management solutions, aligning with the country's growing focus on smart city developments and improving the quality of life for its citizens. As these sectors continue to evolve, the South Korea Wi-SUN Technology Market is positioned for substantial growth, driven by demands for efficiency, sustainability, and enhanced connectivity across various applications, reflecting the escalating emphasis on smart solutions in South Korea's development agenda.

    Wi-SUN Technology Market Frequency Band Insights

    Wi-SUN Technology Market Frequency Band Insights

    The South Korea Wi-SUN Technology Market, focusing on the Frequency Band segment, presents a dynamic landscape defined by the increasing adoption of smart city initiatives and the advancement of Internet of Things (IoT) applications. Within this segment, the Frequency Band division is characterized by two primary categories: Sub-GHz and 2.4 GHz. The Sub-GHz frequency band plays a crucial role due to its ability to penetrate obstacles efficiently, making it particularly advantageous for large-scale deployments in smart metering and urban infrastructure connectivity.

    This band is gaining traction among local government projects aimed at enhancing energy management and environmental monitoring. Conversely, the 2.4 GHz band, known for its widespread usage in consumer electronics and smart home devices, continues to dominate due to its balance of range and data throughput. As South Korea focuses on expanding its digital backbone for IoT applications, both Frequency Band categories are set to play significant roles in streamlining communication protocols and improving overall network reliability. With a robust push for Research and Development in wireless communication standards, this landscape is expected to evolve, revealing new opportunities for innovation and market growth across multiple sectors.

    Get more detailed insights about South Korea Wi Sun Technology Market Research Report- Forecast to 2035

    Key Players and Competitive Insights

    The South Korea Wi-SUN Technology Market is characterized by rapid advancements and significant investment in smart city applications, energy management solutions, and IoT connectivity. As a leader in driving digital transformation, South Korea has been at the forefront of adopting wireless smart utility network technologies, resulting in a competitive landscape that showcases strong players specializing in wireless mesh networking. Wi-SUN, which stands for Wireless Smart Utility Network, plays a pivotal role in facilitating the management of large-scale networks that require low-power and long-range communications. 

    A multitude of factors, including government initiatives, increasing demand for smart meters, and the growth of IoT ecosystems, have propelled the market toward expanding capabilities, fostering innovation, and supporting diverse use cases such as environmental monitoring and infrastructure management. Market participants are increasingly focusing on creating interoperable communication solutions while maintaining regulatory compliance and leveraging collaborations with technology partners to enhance their market footprint.

    LG Uplus is a prominent player in the South Korea Wi-SUN Technology Market, recognized for its significant contributions to the development of smart city infrastructure and IoT applications. The company has invested heavily in enhancing its network capabilities to support Wi-SUN standards, ensuring seamless connectivity and data transmission for utilities and smart devices. Among its strengths are a robust infrastructure, a commitment to innovation, and a strong focus on customer service. 

    Through strategic partnerships with local municipalities and industries, LG Uplus has successfully established its presence in numerous smart city projects across the country. The company’s ability to integrate smart metering solutions with existing telecommunication networks showcases its technical capabilities and enhances its competitive edge in delivering reliable, scalable, and secure communication services tailored to the demands of the South Korean market.

    Samsung Electronics plays a key role in the South Korea Wi-SUN Technology Market, leveraging its extensive experience in telecommunications and smart technology solutions. Notable for its comprehensive IoT ecosystem, the company has developed a range of key products and services related to smart grid solutions, such as advanced smart meters and communication gateways that comply with Wi-SUN specifications. Samsung's strengths lie in its innovative technology development and strong brand reputation, which allow it to effectively penetrate the market. 

    The company’s involvement in several strategic partnerships and collaborations further strengthens its position in the industry and accelerates the adoption of smart solutions. Samsung has also explored mergers and acquisitions within the wireless communication sector, enhancing its capabilities and market access. Through its diverse offerings in IoT, Samsung Electronics aims to provide comprehensive solutions that cater to the evolving needs of utility providers and smart city initiatives in South Korea.

    Key Companies in the South Korea Wi Sun Technology Market market include

    Industry Developments

    Recent developments in the South Korea Wi-SUN Technology Market indicate a significant focus on enhancing smart grid technologies and Internet of Things (IoT) applications. LG Uplus has been actively expanding its Wi-SUN network infrastructure to improve connectivity in urban areas, while Samsung Electronics is investing in Research and Development to bring innovative solutions that cater to smart home applications. Additionally, SK Telecom is collaborating with municipal governments to implement smart city projects that leverage Wi-SUN technologies for energy efficiency.

    In terms of current affairs, the competitive landscape is witnessing collaboration among key players. Mando Corporation, for example, is forming partnerships with academic institutions to bolster its tech capabilities within the sector. Notably, in October 2022, KT Corporation announced its acquisition of a stake in a tech startup specializing in smart meter solutions, further solidifying its position in the Wi-SUN domain. 

    Growth in market valuation for these companies has been considerable, driven by government initiatives aimed at promoting green energy and sustainable technologies. In the past few years, significant strides have been made, particularly in 2021 when Seoul Semiconductor launched new components designed to enhance WS communication for IoT applications, showcasing an ongoing commitment to innovative advancements in the market.

    Market Segmentation

    Wi-SUN Technology Market End Use Outlook

    • Utilities
    • Industrial
    • Residential

    Wi-SUN Technology Market Application Outlook

    • Smart Metering
    • Smart Lighting
    • Smart Grid
    • Home and Building Automation

    Wi-SUN Technology Market Frequency Band Outlook

    • Sub-GHz
    • 2.4 GHz

    Wi-SUN Technology Market Connectivity Type Outlook

    • Point-to-Point
    • Point-to-Multipoint
    • Mesh

    Report Scope

     

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 100.45(USD Million)
    MARKET SIZE 2024 106.75(USD Million)
    MARKET SIZE 2035 367.5(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 11.894% (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 LG Uplus, Samsung Electronics, SK Telecom, Mando Corporation, Korea Electronics Technology Institute, Posco, Hyundai Heavy Industries, Seoul Semiconductor, Korea Advanced Institute of Science and Technology, LG Electronics, Daewoo Engineering & Construction, KT Corporation, Naver Corporation, Hanwha Q CELLS
    SEGMENTS COVERED Application, Connectivity Type, End Use, Frequency Band
    KEY MARKET OPPORTUNITIES Smart city infrastructure development, Renewable energy integration solutions, Advanced metering infrastructure implementation, Growing IoT connectivity demand, Enhanced agricultural monitoring systems
    KEY MARKET DYNAMICS increasing demand for smart cities, government support for IoT initiatives, rising adoption of smart meters, focus on energy efficiency, growing connectivity in urban areas
    COUNTRIES COVERED South Korea

    FAQs

    What is the expected market size of the South Korea Wi-SUN Technology Market in 2024?

    The South Korea Wi-SUN Technology Market is expected to be valued at 106.75 million USD in 2024.

    What will the market value of the South Korea Wi-SUN Technology Market be by 2035?

    By 2035, the South Korea Wi-SUN Technology Market is projected to reach a value of 367.5 million USD.

    What is the expected CAGR for the South Korea Wi-SUN Technology Market from 2025 to 2035?

    The expected CAGR for the South Korea Wi-SUN Technology Market from 2025 to 2035 is 11.894 percent.

    Which application segment will lead the market in 2024?

    The Smart Metering application segment is expected to lead the market with a value of 35.0 million USD in 2024.

    How much is the Smart Lighting application expected to be worth in 2035?

    The Smart Lighting application is forecasted to reach a value of 70.0 million USD by 2035.

    Who are the key players in the South Korea Wi-SUN Technology Market?

    Major players in the market include companies such as LG Uplus, Samsung Electronics, and SK Telecom, among others.

    What was the market size of the Smart Grid application in 2024?

    The Smart Grid application segment was valued at 30.0 million USD in 2024.

    What is the projected market value for Home and Building Automation in 2035?

    The Home and Building Automation application is anticipated to reach 62.5 million USD by 2035.

    What growth rate is expected for the Smart Metering segment from 2025 to 2035?

    The Smart Metering segment is expected to grow significantly, contributing to the overall CAGR of 11.894 percent.

    How is the current global scenario affecting the South Korea Wi-SUN Technology Market?

    The South Korea Wi-SUN Technology Market is expected to adapt and grow despite global challenges, driven by increasing demand for smart technologies.

    Report Infographic
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