IMARC Group has recently released a new research study titled “South Korea Smart Agriculture Market Size, Share, Trends and Forecast by Agriculture Type, Offering, Farm Size, and Region, 2025-2033”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
South Korea Smart Agriculture Market Overview
The South Korea smart agriculture market size reached USD 356.39 Million in 2024 and is projected to grow to USD 703.57 Million by 2033, exhibiting a CAGR of 7.85% during 2025-2033. This growth is driven by rising adoption of IoT-based farming, automation, AI-driven crop monitoring, and strong government support for digital agriculture initiatives. Increasing labor shortages and demand for higher productivity are further accelerating smart-farm deployments across the country.
Market Size and Growth
Forecast Years: 2025–2033
Historical Years: 2019–2024
Market Size in 2024: USD 356.39 Million
Market Forecast in 2033: USD 703.57 Million
Market Growth Rate (2025–2033): 7.85%
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Key Market Highlights
✔️ Expansion of smart-farm innovation centers, subsidies, and government-supported training programs
✔️ Growing integration of IoT sensors, automation, drones, and AI to enhance crop yields and optimize resource use
✔️ Increasing demand for end-to-end hardware, software, and service bundles among small, mid-sized, and large farms
✔️ Rising international collaborations promoting export of Korean smart-farming technologies
Trends in the South Korea Smart Agriculture Market
The market is witnessing rapid digital transformation, driven by the need for high productivity and resource-efficient farming. Precision agriculture tools such as real-time sensor monitoring, automated irrigation, and AI-based predictive analytics are becoming mainstream. Livestock monitoring systems, smart greenhouses, and robotics are gaining significant traction as farms modernize operations.
Additionally, demographic shifts — particularly an aging farming population — are pushing the adoption of automation and remote farm management systems. The expanding ecosystem of domestic ICT companies and agri-tech startups is also boosting innovation and accelerating market expansion.
Market Dynamics of the South Korea Smart Agriculture Market
1. Growing Demand for Technology-Driven Farming
Farmers across the country are investing in smart technologies to improve yield quality, reduce operational costs, and address labor shortages. Real-time monitoring, automated machinery, and connected devices allow farmers to optimize inputs such as water, fertilizer, and energy while mitigating risks related to weather and crop disease.
2. Supportive Government Policies and Initiatives
The government continues to play a major role in advancing smart agriculture adoption through financial incentives, research programs, demonstration farms, and nationwide smart-farm innovation valleys. These initiatives are bridging skill gaps and helping farmers transition from traditional practices to tech-enabled operations.
3. Technological Advancements and Integration
Growth in AI, data analytics, robotics, and IoT connectivity is reshaping agricultural processes. From greenhouse automation to livestock behavior monitoring, technology integration is enhancing productivity, accuracy, and sustainability. The shift toward data-driven decision-making is increasing adoption across farm sizes.
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South Korea Smart Agriculture Market Segmentation
Agriculture Type Insights
- Precision Farming
- Livestock Monitoring
- Smart Greenhouse
- Others
Offering Insights
- Hardware
- Software
- Service
Farm Size Insights
- Small
- Medium
- Large
Regional Insights
- Seoul Capital Area
- Yeongnam (Southeastern Region)
- Honam (Southwestern Region)
- Hoseo (Central Region)
- Others
Competitive Landscape
The competitive environment includes a mix of technology providers, automation companies, IoT solution vendors, software developers, and integrated agriculture system providers. Companies are focusing on partnerships, innovation, and AI-driven solutions to strengthen their market positioning. Competitive strategies include new product launches, collaborative R&D, enhanced service models, and expansion into smart greenhouse and livestock systems.
Key Highlights of the Report
- Market Performance (2019–2024)
- Market Outlook (2025–2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current, and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers create lasting impact. The firm offers comprehensive services for market entry and market expansion.
IMARC’s services include thorough market assessments, feasibility studies, company formation assistance, factory setup support, regulatory approvals and license navigation, branding, marketing and sales strategies, competitive landscape and benchmark analysis, pricing and cost studies, and sourcing studies.
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