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South Korea 5G Smart Farming Market

ID: MRFR/ICT/56928-HCR
200 Pages
Aarti Dhapte
October 2025

South Korea 5G Smart Farming Market Research Report By Component (Hardware, Software, Services), By Application (Precision Farming, Irrigation and Water Management, Plant Health, Soil Moisture, Water Supply Control, Smart Greenhouse), and By Farm Size (Large Farms, Small & Medium Farms)-Forecast to 2035

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South Korea 5G Smart Farming Market Infographic
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South Korea 5G Smart Farming Market Summary

As per MRFR analysis, the South Korea 5G Smart Farming Market Size was estimated at 962.32 USD Million in 2024. The South Korea 5g smart-farming market is projected to grow from 1130.73 USD Million in 2025 to 5674.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 17.5% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The South Korea 5G Smart Farming Market is poised for substantial growth driven by technological advancements and sustainability initiatives.

  • The largest segment in the South Korea 5G smart-farming market is precision agriculture, while the fastest-growing segment is automated farming solutions.
  • Increased connectivity and automation are transforming traditional farming practices, enhancing efficiency and productivity.
  • Sustainability and resource management are becoming central themes, as farmers seek to optimize inputs and reduce waste.
  • Technological advancements in agriculture and rising demand for food security are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 962.32 (USD Million)
2035 Market Size 5674.0 (USD Million)
CAGR (2025 - 2035) 17.5%

Major Players

Deere & Company (US), Trimble Inc. (US), AG Leader Technology (US), Topcon Positioning Systems (US), Raven Industries (US), BASF SE (DE), Syngenta AG (CH), Trelleborg AB (SE), Hexagon AB (SE)

South Korea 5G Smart Farming Market Trends

The 5G Smart Farming Market is currently experiencing a transformative phase, driven by advancements in technology and increasing demand for efficient agricultural practices. In South Korea, the integration of 5g technology into farming operations appears to enhance connectivity, enabling real-time data transmission and improved decision-making processes. This shift is likely to lead to optimized resource management, increased crop yields, and reduced environmental impact. Furthermore, the government's support for smart agriculture initiatives suggests a commitment to fostering innovation in this sector, which may further accelerate the adoption of 5g solutions. Moreover, the emphasis on sustainability and food security in South Korea is prompting farmers to adopt smart farming techniques. The 5g smart-farming market seems poised to benefit from this trend, as farmers increasingly seek to leverage data analytics, IoT devices, and automation to enhance productivity. The potential for precision agriculture, which utilizes data-driven insights to tailor farming practices, indicates a promising future for the sector. As the market evolves, collaboration between technology providers and agricultural stakeholders will likely play a crucial role in shaping the landscape of smart farming in South Korea.

Increased Connectivity and Automation

The 5g smart-farming market is witnessing a surge in connectivity, enabling farmers to utilize automated systems for monitoring and managing crops. This trend suggests that real-time data access can lead to more informed decisions, enhancing operational efficiency.

Sustainability and Resource Management

There is a growing focus on sustainable practices within the 5g smart-farming market. Farmers are increasingly adopting technologies that promote efficient resource management, which may contribute to reduced waste and improved environmental outcomes.

Government Support and Innovation

The South Korean government appears to be actively promoting innovation in agriculture through various initiatives. This support for smart farming technologies indicates a favorable environment for the growth of the 5g smart-farming market.

South Korea 5G Smart Farming Market Drivers

Rising Demand for Food Security

Food security remains a pressing concern in South Korea, driving the growth of the 5g smart-farming market. With a growing population and limited arable land, the need for efficient agricultural practices is paramount. The 5g smart-farming market offers solutions that enhance productivity and sustainability, addressing these challenges. By leveraging advanced technologies, farmers can increase crop yields while minimizing environmental impact. Reports indicate that the agricultural sector could see a productivity increase of up to 25% through the adoption of smart farming techniques. This demand for food security is likely to propel investments in the 5g smart-farming market, as stakeholders seek to ensure a stable food supply for the future.

Enhanced Data Analytics Capabilities

The ability to harness data analytics is a crucial driver for the 5g smart-farming market in South Korea. With the advent of big data and machine learning, farmers can analyze vast amounts of information to make better decisions regarding crop management and resource allocation. The integration of 5g technology facilitates real-time data transmission, allowing for immediate insights into farming operations. This capability is expected to enhance operational efficiency and reduce costs, with studies suggesting that data-driven farming can lower operational expenses by as much as 15%. As farmers increasingly recognize the value of data analytics, the 5g smart-farming market is likely to expand, driven by the demand for smarter agricultural solutions.

Environmental Sustainability Initiatives

The push for environmental sustainability is significantly influencing the 5g smart-farming market in South Korea. As climate change poses challenges to agriculture, there is a growing emphasis on sustainable farming practices. The 5g smart-farming market provides tools that help farmers reduce their carbon footprint and manage resources more effectively. Technologies such as precision irrigation and smart pest management systems enable farmers to use water and chemicals judiciously, thereby minimizing environmental impact. It is estimated that implementing these sustainable practices could lead to a reduction in resource consumption by up to 40%. This alignment with sustainability goals is likely to attract more stakeholders to the 5g smart-farming market.

Technological Advancements in Agriculture

The 5g smart-farming market in South Korea is experiencing a surge due to rapid technological advancements in agricultural practices. Innovations such as precision farming, which utilizes data analytics and IoT devices, are becoming increasingly prevalent. These technologies enable farmers to monitor crop health, soil conditions, and weather patterns in real-time, leading to improved yields and reduced resource wastage. The integration of 5g technology enhances connectivity, allowing for seamless communication between devices and systems. As a result, farmers can make informed decisions quickly, optimizing their operations. The market is projected to grow significantly, with estimates suggesting an increase of over 30% in adoption rates by 2027, driven by these technological improvements.

Increased Investment in Agricultural Technology

Investment in agricultural technology is a key driver of the 5g smart-farming market in South Korea. The government and private sector are channeling funds into research and development of innovative farming solutions. This influx of capital is fostering the creation of advanced tools and systems that utilize 5g connectivity to enhance farming efficiency. For instance, smart sensors and drones are being developed to monitor crop health and optimize resource usage. The market is expected to witness a compound annual growth rate (CAGR) of approximately 20% over the next five years, as these investments continue to transform traditional farming practices into more efficient, data-driven operations.

Market Segment Insights

By Component: Hardware (Largest) vs. Software (Fastest-Growing)

In the South Korea 5g smart-farming market, the component segment shows a distinct market share distribution, with hardware claiming the largest share. This dominance can be attributed to the essential role that physical equipment plays in the implementation of smart farming technologies. On the other hand, the software segment, while smaller, is rapidly gaining traction, driven by an increasing demand for advanced agricultural management solutions that can harness the capabilities of 5g networks. Growth trends within this component segment reveal a clear diverging path. Hardware continues to be a fundamental investment for farmers looking to upgrade their equipment for more efficient production. Meanwhile, the software segment is witnessing a surge, fueled by innovations in precision agriculture technologies and the integration of AI and data analytics. These advancements are not only enhancing operational efficiencies but also paving the way for more informed decision-making in farming practices.

Hardware (Dominant) vs. Software (Emerging)

The hardware component is dominant in the market, encompassing the physical devices crucial for operating smart farming solutions, such as sensors, drones, and automated machinery. These devices are essential for collecting data, monitoring conditions, and facilitating communication within the farming ecosystem. Conversely, the software segment is seen as emerging, providing applications that analyze soil conditions, crop health, and environmental data. This emerging segment leverages big data and AI to offer farmers actionable insights, thereby complementing the hardware's capabilities. While hardware investments remain high, the software's growth potential is significant, as farmers increasingly recognize the value of data-driven decisions in enhancing crop yield and sustainability.

By Application: Precision Farming (Largest) vs. Irrigation and Water Management (Fastest-Growing)

In the South Korea 5g smart-farming market, Precision Farming holds the largest share, driven by its critical role in enhancing crop yields and optimizing resource use. Meanwhile, Irrigation and Water Management is emerging as the fastest-growing segment, reflecting the increasing demand for efficient water usage and sustainability in farming practices. Growth trends indicate a strong push towards integrating advanced technologies in farming applications. Factors such as increasing urbanization, climate change challenges, and the necessity for sustainable practices drive the adoption of smart solutions. As farmers seek to enhance productivity while minimizing environmental impact, segments like Plant Health and Smart Greenhouse are also gaining traction, contributing to a dynamic market landscape.

Precision Farming: Dominant vs. Irrigation and Water Management: Emerging

Precision Farming is characterized by leveraging innovative technologies like IoT, AI, and data analytics to monitor and manage farming activities effectively. This segment enjoys a dominant position due to its ability to significantly boost productivity and resource efficiency. On the other hand, Irrigation and Water Management is rapidly emerging as a critical area, focusing on precision irrigation methods and water conservation techniques. This segment appeals to environmentally-conscious farmers looking to reduce water wastage and improve crop health. Both segments are vital for advancing agricultural productivity in an increasingly competitive and resource-scarce environment.

By Farm Size: Large Farms (Largest) vs. Small & Medium Farms (Fastest-Growing)

The market share distribution in the segment of farm size illustrates a notable dominance of large farms, which capitalize on extensive land holdings and resources for implementing advanced 5G technologies. These farms utilize smart farming solutions more effectively, allowing for enhanced crop management and efficient resource allocation, contributing to their substantial market share in the South Korea 5g smart-farming market. Conversely, small and medium farms are emerging as the fastest-growing segment within this market. This growth is driven by increasing accessibility to 5G technologies and affordable smart farming solutions that cater to the unique challenges faced by these smaller operations. The rise in urban farming and community-supported agriculture is also propelling the adoption of smart farming practices among these smaller farms, hence their rapid market growth.

Large Farms (Dominant) vs. Small & Medium Farms (Emerging)

Large farms in the South Korea 5g smart-farming market are characterized by their significant resource availability, enabling them to invest in cutting-edge technologies and comprehensive smart farming solutions. Their larger operational scale allows for economies of scale and robust data analytics, which enhance productivity and sustainability. In contrast, small and medium farms are increasingly viewed as an emerging force due to their agility and innovation in integrating smart farming practices. These farms are uniquely positioned to leverage 5G innovations to optimize operations and improve yields, often focusing on niche markets and sustainability. This dynamic creates a competitive landscape where both segments can coexist, each fulfilling specific market needs.

Get more detailed insights about South Korea 5G Smart Farming Market

Key Players and Competitive Insights

The competitive dynamics within the 5g smart-farming market in South Korea are characterized by rapid technological advancements and a growing emphasis on sustainability. Key growth drivers include the increasing demand for precision agriculture, which leverages data analytics and IoT technologies to enhance crop yields and resource efficiency. Major players such as Deere & Company (US), BASF SE (DE), and Syngenta AG (CH) are strategically positioned to capitalize on these trends. Deere & Company (US) focuses on innovation through its advanced machinery and software solutions, while BASF SE (DE) emphasizes partnerships with local farmers to develop tailored agricultural solutions. Syngenta AG (CH) is actively investing in digital transformation initiatives to enhance its product offerings, collectively shaping a competitive environment that prioritizes technological integration and sustainability.

Key business tactics employed by these companies include localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market structure appears moderately fragmented, with several players vying for market share. However, the collective influence of these key players is significant, as they drive innovation and set industry standards. Their collaborative efforts in research and development, alongside strategic partnerships, are likely to foster a more cohesive market landscape.

In October 2025, Deere & Company (US) announced a partnership with a South Korean tech firm to develop AI-driven solutions for crop monitoring. This strategic move is expected to enhance the precision of farming practices, allowing farmers to make data-driven decisions that could lead to increased productivity. The integration of AI into their existing product lines signifies a commitment to innovation and positions Deere as a leader in the smart-farming sector.

In September 2025, BASF SE (DE) launched a new digital platform aimed at providing farmers with real-time data analytics for pest management. This initiative not only enhances the efficiency of pest control measures but also aligns with the growing trend towards sustainable farming practices. By offering such solutions, BASF reinforces its role as a key player in the market, focusing on sustainability and technological advancement.

In August 2025, Syngenta AG (CH) expanded its research facilities in South Korea, focusing on developing genetically modified crops that are more resilient to climate change. This expansion reflects Syngenta's commitment to addressing The 5g smart-farming market. The emphasis on climate resilience is likely to resonate well with farmers facing unpredictable weather patterns.

As of November 2025, current competitive trends in the 5g smart-farming market are heavily influenced by digitalization, sustainability, and AI integration. Strategic alliances among key players are shaping the landscape, fostering innovation and enhancing product offerings. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident. Moving forward, competitive differentiation will likely hinge on the ability to innovate and adapt to changing market demands, with a strong emphasis on sustainable practices and advanced technology.

Key Companies in the South Korea 5G Smart Farming Market market include

Industry Developments

With an emphasis on smart farms that use sensors, AI analytics, and autonomous machinery across rural test locations in Jeolla Province, LG Uplus announced in October 2023 that it will be partnering with the Rural Development Administration to establish a 5G-powered precision agricultural effort.

By adding remote crop monitoring and AI-driven disease detection to farms in Gyeonggi and Jeju, KT Corporation extended its 5G Smart Farm services in February 2024, emphasizing the value of fast connection in enhancing agricultural sustainability and production.

In collaboration with Daedong Corporation, SK Telecom announced in May 2024 the successful installation of 5G-connected tractors and automated irrigation systems, which enable farmers to maximize agricultural yields, minimize water consumption, and expedite planting and harvesting.

Additionally, Samsung Electronics highlighted its long-term commitment to advancing rural digitalization and meeting growing demands for food security in January 2025 by announcing a partnership with the Korea Institute of Agricultural Machinery to integrate 5G and edge computing technologies into experimental farms.

These initiatives demonstrate South Korea's strong progress in transforming agriculture and building a sustainable, tech-driven future for rural areas through the use of 5G connectivity.

Future Outlook

South Korea 5G Smart Farming Market Future Outlook

The 5G smart-farming market is projected to grow at a 17.5% CAGR from 2024 to 2035, driven by advancements in IoT, precision agriculture, and data analytics.

New opportunities lie in:

  • Development of AI-driven crop monitoring systems
  • Integration of autonomous drones for precision spraying
  • Implementation of real-time soil health analytics platforms

By 2035, the market is expected to achieve substantial growth, enhancing agricultural efficiency and sustainability.

Market Segmentation

South Korea 5G Smart Farming Market Component Outlook

  • Hardware
  • Software
  • Services

South Korea 5G Smart Farming Market Farm Size Outlook

  • Large Farms
  • Small & Medium Farms

South Korea 5G Smart Farming Market Application Outlook

  • Precision Farming
  • Irrigation and Water Management
  • Plant Health
  • Soil Moisture
  • Water Supply Control
  • Smart Greenhouse

Report Scope

MARKET SIZE 2024 962.32(USD Million)
MARKET SIZE 2025 1130.73(USD Million)
MARKET SIZE 2035 5674.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 17.5% (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 Deere & Company (US), Trimble Inc. (US), AG Leader Technology (US), Topcon Positioning Systems (US), Raven Industries (US), BASF SE (DE), Syngenta AG (CH), Trelleborg AB (SE), Hexagon AB (SE)
Segments Covered Component, Application, Farm Size
Key Market Opportunities Integration of advanced IoT solutions enhances efficiency in the 5g smart-farming market.
Key Market Dynamics Rapid technological advancements in connectivity enhance efficiency and productivity in the 5G smart-farming market.
Countries Covered South Korea

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FAQs

What is the current market size of the South Korea 5G Smart Farming Market in 2024?

The South Korea 5G Smart Farming Market is anticipated to be valued at 1.07 USD Billion in 2024.

What is the projected market size for the South Korea 5G Smart Farming Market in 2035?

By 2035, the South Korea 5G Smart Farming Market is expected to reach a value of 5.32 USD Billion.

What is the estimated CAGR for the South Korea 5G Smart Farming Market from 2025 to 2035?

The compound annual growth rate for the South Korea 5G Smart Farming Market from 2025 to 2035 is projected to be 15.682%.

What is the value of the Hardware segment within the market in 2024 and 2035?

The Hardware segment of the South Korea 5G Smart Farming Market is valued at 0.45 USD Billion in 2024 and expected to grow to 2.23 USD Billion by 2035.

How much is the Software segment projected to be worth in 2035?

The Software segment is projected to reach a value of 1.6 USD Billion in 2035.

What are the leading companies in the South Korea 5G Smart Farming Market?

Key players in the market include LG Uplus, Samsung Electronics, SK Telecom, and CJ CheilJedang among others.

What is the market size of the Services segment in 2024?

In 2024, the Services segment of the South Korea 5G Smart Farming Market is valued at 0.3 USD Billion.

What opportunities exist within the South Korea 5G Smart Farming Market?

There are significant opportunities driven by advancements in connectivity and agricultural technology in the market.

What challenges might impact the growth of the South Korea 5G Smart Farming Market?

Potential challenges include technological barriers and the need for infrastructure development in rural areas.

How is the 5G Smart Farming Market expected to evolve with current trends?

The market is anticipated to evolve with trends focusing on automation, IoT integration, and enhanced data analytics for farming practices.

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