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    South Korea Wi Sun Technology Market

    ID: MRFR/ICT/60943-HCR
    200 Pages
    Aarti Dhapte
    October 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 Infographic
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    South Korea Wi Sun Technology Market Summary

    As per MRFR analysis, the South Korea wi sun-technology market size was estimated at 162.92 USD Million in 2024.. The South Korea wi sun-technology market is projected to grow from 176.17 USD Million in 2025 to 384.94 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 8.13% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The South Korea wi sun-technology market is poised for substantial growth driven by government initiatives and technological advancements.

    • Government initiatives are fostering the adoption of wi sun-technology across various sectors.
    • The IoT integration within smart infrastructure is enhancing connectivity and operational efficiency.
    • Sustainability focus is driving demand for energy-efficient solutions in the wi sun-technology market.
    • Technological advancements in communication and rising demand for smart infrastructure are key market drivers.

    Market Size & Forecast

    2024 Market Size 162.92 (USD Million)
    2035 Market Size 384.94 (USD Million)

    Major Players

    Silicon Labs (US), NXP Semiconductors (NL), Texas Instruments (US), Semtech Corporation (US), Microchip Technology (US), STMicroelectronics (CH), Renesas Electronics (JP), Cypress Semiconductor (US)

    South Korea Wi Sun Technology Market Trends

    the wi sun-technology market is currently experiencing a notable evolution., driven by the increasing demand for efficient and sustainable energy solutions. This technology, which facilitates low-power wireless communication, is becoming integral in various sectors, including smart cities, agriculture, and industrial automation. The South Korean government has been actively promoting the adoption of smart technologies, which aligns with its broader goals of enhancing energy efficiency and reducing carbon emissions. As a result, numerous initiatives and policies are being implemented to support the growth of this market, fostering innovation and investment in related technologies. Moreover, the wi sun-technology market is likely to benefit from the rising trend of Internet of Things (IoT) applications. With the proliferation of connected devices, the need for reliable and low-energy communication networks is paramount. South Korea's robust technological infrastructure and high internet penetration rates provide a conducive environment for the expansion of wi sun-technology. This market appears poised for growth, as stakeholders recognize the potential of this technology to enhance connectivity and operational efficiency across various industries. The future landscape may see increased collaboration between public and private sectors to further advance the capabilities and reach of wi sun-technology.

    Government Initiatives

    The South Korean government is actively promoting the adoption of wi sun-technology through various initiatives. These efforts aim to enhance energy efficiency and support the development of smart cities. By providing funding and resources, the government encourages innovation and investment in this sector, which is expected to drive market growth.

    IoT Integration

    The integration of wi sun-technology with Internet of Things (IoT) applications is becoming increasingly prevalent. As the number of connected devices rises, the demand for low-power, reliable communication networks grows. This trend indicates a strong potential for wi sun-technology to play a crucial role in enhancing connectivity across diverse industries.

    Sustainability Focus

    There is a growing emphasis on sustainability within the wi sun-technology market. As organizations seek to reduce their carbon footprints, the demand for energy-efficient solutions is likely to increase. This focus on sustainability aligns with global trends and positions wi sun-technology as a viable option for environmentally conscious businesses.

    South Korea Wi Sun Technology Market Drivers

    Increased Focus on Energy Efficiency

    Energy efficiency is becoming a critical driver for the wi sun-technology market in South Korea. With rising energy costs and environmental concerns, businesses and consumers are seeking solutions that optimize energy consumption. The wi sun-technology market offers innovative solutions that enable real-time monitoring and management of energy usage in various applications, including smart homes and industrial settings. The South Korean government has set ambitious targets to reduce energy consumption by 30% by 2030, which is likely to propel the adoption of wi sun-technology. This focus on energy efficiency is expected to enhance market growth significantly.

    Expansion of Smart Metering Solutions

    The expansion of smart metering solutions is a notable driver for the wi sun-technology market in South Korea. As utility companies transition to smart grids, the demand for advanced metering infrastructure is increasing. Smart meters equipped with wi sun-technology facilitate two-way communication between utilities and consumers, allowing for better energy management and billing accuracy. The South Korean government has allocated $500 million for the deployment of smart meters across the nation, which is anticipated to enhance the wi sun-technology market. This initiative is expected to lead to a market growth rate of 12% annually over the next few years.

    Growing Adoption of Smart Agriculture

    The wi sun-technology market is also benefiting from the growing adoption of smart agriculture practices in South Korea. Farmers are increasingly utilizing IoT devices and sensors to monitor crop health, soil conditions, and weather patterns. This trend is driven by the need to enhance productivity and sustainability in the agricultural sector. The South Korean government has introduced various programs to support the integration of technology in agriculture, with an estimated investment of $300 million in smart farming initiatives. This shift towards smart agriculture is likely to create new opportunities for the wi sun-technology market, fostering innovation and growth.

    Rising Demand for Smart Infrastructure

    The wi sun-technology market is significantly influenced by the rising demand for smart infrastructure in South Korea. Urbanization and population growth have led to an increased need for efficient energy management systems and smart grid technologies. The government aims to implement smart city initiatives, which are expected to require extensive deployment of wi sun-technology for seamless connectivity among devices. It is estimated that the smart infrastructure sector will reach a valuation of $10 billion by 2027, with wi sun-technology playing a pivotal role in achieving these objectives. This trend indicates a robust growth trajectory for the wi sun-technology market.

    Technological Advancements in Communication

    The wi sun-technology market in South Korea is experiencing a surge due to rapid advancements in communication technologies. Enhanced connectivity solutions, such as low-power wide-area networks (LPWAN), are becoming increasingly prevalent. These technologies facilitate efficient data transmission over long distances, which is crucial for smart city applications and industrial automation. The South Korean government has invested approximately $1 billion in research and development to promote these innovations. As a result, the wi sun-technology market is projected to grow at a CAGR of 15% from 2025 to 2030., driven by the demand for reliable and scalable communication solutions.

    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

    Key Players and Competitive Insights

    The wi sun-technology market is currently characterized by a dynamic competitive landscape, driven by the increasing demand for low-power, wide-area network solutions. Key players are actively pursuing strategies that emphasize innovation, regional expansion, and strategic partnerships to enhance their market positioning. Companies such as Silicon Labs (US), NXP Semiconductors (NL), and Texas Instruments (US) are at the forefront, leveraging their technological expertise to develop advanced solutions tailored for smart city applications and IoT connectivity. Their collective focus on enhancing product offerings and expanding into emerging markets shapes a competitive environment that is both collaborative and competitive.

    In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market structure appears moderately fragmented, with several key players holding substantial market shares while also facing competition from smaller, innovative firms. This fragmentation allows for a diverse range of solutions, catering to various customer needs and preferences, thereby fostering a competitive atmosphere that encourages continuous improvement and innovation.

    In October 2025, NXP Semiconductors (NL) announced a strategic partnership with a leading telecommunications provider to enhance its wi sun-technology offerings. This collaboration aims to integrate advanced connectivity solutions into smart grid applications, thereby expanding NXP's footprint in the energy sector. The strategic importance of this partnership lies in its potential to drive innovation in energy management systems, positioning NXP as a key player in the growing market for sustainable energy solutions.

    In September 2025, Silicon Labs (US) launched a new line of wi sun-enabled microcontrollers designed specifically for smart metering applications. This product introduction is significant as it addresses the increasing demand for efficient energy monitoring solutions. By focusing on smart metering, Silicon Labs is likely to capture a larger share of the market, reinforcing its commitment to innovation and customer-centric product development.

    In August 2025, Texas Instruments (US) expanded its wi sun-technology portfolio by acquiring a smaller firm specializing in low-power wireless communication. This acquisition is indicative of Texas Instruments' strategy to bolster its technological capabilities and enhance its competitive edge. By integrating the acquired firm's expertise, Texas Instruments may improve its product offerings and accelerate time-to-market for new solutions.

    As of November 2025, current competitive trends in the wi sun-technology market are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are increasingly shaping the landscape, enabling companies to pool resources and expertise to drive innovation. Looking ahead, competitive differentiation is expected to evolve, with a notable shift from price-based competition towards a focus on technological innovation, reliability in supply chains, and sustainable practices. This transition underscores the importance of adaptability and forward-thinking strategies in maintaining a competitive advantage.

    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.

    Future Outlook

    South Korea Wi Sun Technology Market Future Outlook

    The wi sun-technology market is projected to grow at an 8.13% CAGR from 2024 to 2035, driven by increased demand for smart city solutions and IoT applications.

    New opportunities lie in:

    • Development of integrated smart grid solutions for urban areas.
    • Expansion of wi sun-enabled agricultural monitoring systems.
    • Creation of customized wi sun technology for industrial automation.

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

    Market Segmentation

    South Korea Wi Sun Technology Market End Use Outlook

    • Utilities
    • Industrial
    • Residential

    South Korea Wi Sun Technology Market Application Outlook

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

    South Korea Wi Sun Technology Market Frequency Band Outlook

    • Sub-GHz
    • 2.4 GHz

    South Korea Wi Sun Technology Market Connectivity Type Outlook

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

    Report Scope

    MARKET SIZE 2024 162.92(USD Million)
    MARKET SIZE 2025 176.17(USD Million)
    MARKET SIZE 2035 384.94(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 8.13% (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 Silicon Labs (US), NXP Semiconductors (NL), Texas Instruments (US), Semtech Corporation (US), Microchip Technology (US), STMicroelectronics (CH), Renesas Electronics (JP), Cypress Semiconductor (US)
    Segments Covered Application, Connectivity Type, End Use, Frequency Band
    Key Market Opportunities Expansion of smart city initiatives driving demand for wi sun-technology market solutions.
    Key Market Dynamics Growing demand for smart city solutions drives innovation in wi sun-technology applications and infrastructure development.
    Countries Covered South Korea

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    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.

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