As per MRFR analysis, the South Korea 5G Smart Farming Market Size was estimated at 0.91 (USD Billion) in 2023.The South Korea 5G Smart Farming Market is expected to grow from 1.07(USD Billion) in 2024 to 5.32 (USD Billion) by 2035. The South Korea 5G Smart Farming Market CAGR (growth rate) is expected to be around 15.682% during the forecast period (2025 - 2035).
Key South Korea 5G Smart Farming Market Trends Highlighted
Technology breakthroughs and a thriving agriculture industry are driving significant growth in the South Korean 5G smart farming market. One of the main factors driving these developments is the government's dedication to implementing 5G technology in agriculture.
Through smart farming technologies, South Korea hopes to increase agricultural output and efficiency, which is consistent with its larger goal of encouraging innovation in rural regions. The growing need for precision agriculture, in which farmers use data analytics and Internet of Things devices to efficiently monitor crop health and resource management, is one of the major market drivers.
A growing trend toward sustainable food production, bolstered by government policies that promote local food systems, is also reflected in the growth of urban farming efforts in metropolitan areas. South Korea offers a plethora of prospects for business expansion. The emphasis on creating robotics and autonomous farming equipment offers tech businesses an opportunity to collaborate with farmers.
Implementing automated technologies that improve farm management and boost yields may result from this collaboration. Additionally, working together with research institutions might encourage creativity in creating specialized solutions for certain local farming requirements.
Recent patterns show that farmers are significantly moving toward sustainable agricultural methods, driven by government incentives for using green technologies as well as customer demand for eco-friendly products. In addition to increasing connectivity, 5G network integration makes it easier to share agricultural data in real-time, which is essential for making wise judgments.
The nexus of 5G technology and smart farming is set to transform the agricultural landscape as South Korea continues to invest in its infrastructure and technical breakthroughs, showcasing the country's commitment to utilizing cutting-edge solutions for conventional sectors.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
South Korea 5G Smart Farming Market Drivers
Government Initiatives and Support for Smart Agriculture
The South Korean government is actively promoting the adoption of smart farming technologies, emphasizing the use of 5G for agricultural purposes. The Ministry of Agriculture, Food and Rural Affairs has allocated significant funding to enhance agricultural innovation through technology, which is crucial for meeting national food security goals.
In 2021, the government announced plans to invest approximately USD 300 million over the next five years specifically to develop smart farming infrastructure, including 5G networks. These initiatives will likely drive the South Korea 5G Smart Farming Market forward, as they support farmers and agricultural businesses in adopting advanced technologies and improving productivity.
The government’s involvement facilitates access to financial resources and knowledge sharing, thereby accelerating the transition to smart agriculture, with expectations that more than 30% of farms will adopt smart farming solutions by 2025.
Increased Demand for High-Quality Agricultural Products
In South Korea, there has been a rising trend in consumer demand for high-quality and safe agricultural products, as evidenced by a report from the Korean Statistical Information Service indicating that organic food sales have seen a substantial increase of 23% year-on-year. This demand is driving farmers to adopt smart farming practices that leverage 5G technology for real-time monitoring and precision agriculture.
Established organizations such as the Korea National Agricultural Cooperative Federation are promoting the integration of smart technologies to enhance quality control and overall farm productivity. The shift towards high-quality offerings will inevitably propel the South Korea 5G Smart Farming Market as farmers utilize advanced technologies to meet consumer expectations and ensure product consistency.
Rising Labor Costs and the Need for Automation
The agricultural sector in South Korea faces increasing labor costs, which have risen by 15% over the past five years, as reported by various industry sources. This trend is pushing farmers to seek automated solutions to maintain productivity and profitability.
The integration of 5G technology in agriculture facilitates the adoption of various automation tools, including drones and Robotics Process Automation, which can enhance operational efficiency and reduce reliance on manual labor.
Organizations like the Korea Agricultural Machinery Cooperative play a critical role in advancing these technologies and providing farmers with the necessary tools and training. As the need for automation grows within the industry, it is anticipated that this will drive the South Korea 5G Smart Farming Market forward significantly.
South Korea 5G Smart Farming Market Segment Insights
5G Smart Farming Market Component Insights
The South Korea 5G Smart Farming Market, particularly focused on the Component segment, showcases a multifaceted approach with significant potential to enhance agricultural practices through advanced technologies. This segment is primarily categorized into Hardware, Software, and Services, each playing a vital role in the implementation and effectiveness of smart farming initiatives.
Hardware includes various devices and equipment that are integral to agricultural processes, such as sensors, drones, and other IoT devices that help in real-time monitoring and data collection. The increasing adoption of these devices is driven by the need for precision farming, enabling farmers to make data-driven decisions and enhance crop yields.
Software solutions form another crucial part of the ecosystem, including applications for farm management, data analytics, and automation systems. These software tools offer farmers insights through collected data, enabling improved resource allocation and operational efficiency.
Moreover, the Services component encompasses advisory and technical support, which is critical for the optimal implementation and maintenance of smart farming technologies. The rising demand for eco-friendly practices and sustainability in agriculture propels the growth of this segment, as smart farming technologies facilitate efficient resource use and minimize environmental impact.
In this context, the interplay between Hardware, Software, and Services not only supports the South Korea 5G Smart Farming Market but also contributes to the ongoing transformation in the agriculture sector, enabling producers to adapt to changing market conditions.
The South Korean government has been actively promoting the integration of advanced technologies in agriculture as part of its broader push towards digitalization, further enhancing the significance of this segment within the overall market landscape.
As these components continue to evolve with advancements in 5G technology, they are increasingly seen as essential tools for fostering higher productivity and sustainability in farming, demonstrating their dominant position in the South Korea 5G Smart Farming Market.
The opportunity for growth within this segment is promising, as it aligns with global trends toward innovation in agriculture, enabling farmers to harness technology for enhanced operational efficiency and improved yield.
These factors collectively indicate a robust market landscape driven by the convergence of 5G capabilities and smart farming applications, positioning South Korea as a leader in this emerging sector.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
5G Smart Farming Market Application Insights
The South Korea 5G Smart Farming Market exhibits a promising trajectory within the Application segment, driven by technological advancements and a growing focus on agricultural efficiency. Precision Farming is gaining traction as it enables farmers to optimize resources and increase yield through data-driven decisions, ultimately leading to substantial improvements in productivity.
Irrigation and Water Management solutions are increasingly important due to South Korea's climatic variations, facilitating intelligent resource allocation and minimizing water waste, which is crucial for sustainable agriculture.
Plant Health monitoring harnesses 5G technology to provide real-time data, enabling early disease detection and effective crop management, ensuring healthier yields. Likewise, Soil Moisture management plays a pivotal role as accurate moisture data significantly impacts crop growth and resource management.
Water Supply Control contributes to efficiency by ensuring water is delivered as per real-time requirements, further enhancing sustainability efforts. The Smart Greenhouse approach integrates automation and remote monitoring, allowing for optimal growing conditions and reducing operational costs.
Overall, the South Korea 5G Smart Farming Market segmentation reveals a landscape characterized by innovation and the potential for increased sustainability and productivity in agriculture. These technological advancements represent not only growth opportunities but also essential strategies for addressing the challenges faced by the agricultural sector in South Korea.
5G Smart Farming Market Farm Size Insights
The South Korea 5G Smart Farming Market showcases a notable segmentation based on Farm Size, which includes Large Farms and Small & Medium Farms. Large Farms typically dominate the landscape in terms of area coverage and production output, leveraging 5G technology to optimize farming practices and enhance operational efficiency.
The integration of advanced technologies, such as automation and IoT devices, in these farms allows for real-time monitoring, predictive analytics, and improved resource management. On the other hand, Small & Medium Farms play a crucial role in sustaining local economies and promoting sustainable practices.
These farms are increasingly adopting 5G solutions to innovate their agricultural techniques, thus bridging the digital divide prevalent in rural areas of South Korea. The growing need for food security and sustainable agriculture amidst urbanization fuels the demand for smart farming technologies across all farm sizes.
Furthermore, the South Korean government's support for digital agriculture initiatives has fueled investments in both segments, fostering an ecosystem that promotes innovation and technological advancement.
Overall, the balance between Large and Small & Medium Farms illustrates the diverse landscape of the South Korea 5G Smart Farming Market and its adaptability to meet the evolving agricultural demands.
South Korea 5G Smart Farming Market Key Players and Competitive Insights
The South Korea 5G Smart Farming Market represents a fusion of advanced telecommunication technology and agricultural practices aimed at enhancing productivity, efficiency, and sustainability in farming.
In this highly competitive landscape, key players leverage the rapid advancements in 5G technology to offer innovative solutions for farmers, enabling real-time data analytics, enhanced connectivity, and automated systems. The market is characterized by increasing investments, technological collaborations, and strategic partnerships among firms to cater to the growing demand for smart agricultural practices.
As agriculture continues to evolve with the integration of the Internet of Things (IoT), artificial intelligence (AI), and big data analytics, the competitive dynamics are shaped by the continuous quest for better service delivery and higher crop yields through precision farming techniques.
LG Uplus stands out in the South Korea 5G Smart Farming Market through its significant investments in agricultural innovation and technological advancements. The company has developed a robust 5G network infrastructure that supports various smart farming applications, such as remote monitoring, automated irrigation systems, and precision farming analytics.
With a strong commitment to enhancing agricultural productivity, LG Uplus collaborates with various stakeholders, including farmers and agricultural institutions, to understand their needs and deliver tailored solutions.
The company's strengths lie in its established market presence, customer-centric approaches, and the ability to provide seamless connectivity, which plays a crucial role in the operational efficiency of smart farming technologies.
Samsung Electronics also plays a pivotal role in the South Korea 5G Smart Farming Market, offering a range of products and services that integrate 5G technology into modern agricultural practices. The company focuses on smart irrigation systems, agricultural drones, and IoT-enabled sensors that provide real-time data for farmers.
Samsung's strengths include its extensive research and development capabilities, allowing it to innovate continuously and respond to market demands effectively. The company has established various partnerships and collaborations with agricultural entities to enhance its offerings, ensuring a competitive edge in the industry.
While mergers and acquisitions have strategically positioned Samsung to expand its technology portfolio, it continues to drive growth within the farming sector by emphasizing sustainability and efficiency through its sophisticated smart farming solutions tailored specifically to the South Korean market.
Key Companies in the South Korea 5G Smart Farming Market Include
South Korea 5G Smart Farming Market 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.
South Korea 5G Smart Farming Market Segmentation Insights
5G Smart Farming Market Component Outlook
5G Smart Farming Market Application Outlook
5G Smart Farming Market Farm Size Outlook
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2023 | 0.91(USD Billion) |
| MARKET SIZE 2024 | 1.07(USD Billion) |
| MARKET SIZE 2035 | 5.32(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 15.682% (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 Billion |
| KEY COMPANIES PROFILED | LG Uplus, Samsung Electronics, SK Telecom, POSCO, Korea Electric Power Corporation, Naver, Agricultural Machinery Institute, CJ CheilJedang, Humuson, KT Corporation, Daewoo Engineering & Construction, Moorim Sintan, Farmers' Gateway |
| SEGMENTS COVERED | Component, Application, Farm Size |
| KEY MARKET OPPORTUNITIES | IoT integration for precision agriculture, Remote monitoring of crops, Data analytics for yield optimization, Smart irrigation systems, Drones for crop management |
| KEY MARKET DYNAMICS | increased crop yield, real-time data analytics, enhanced resource management, rising adoption of IoT, government support initiatives |
| COUNTRIES COVERED | South Korea |
Frequently Asked Questions (FAQ) :
The South Korea 5G Smart Farming Market is anticipated to be valued at 1.07 USD Billion in 2024.
By 2035, the South Korea 5G Smart Farming Market is expected to reach a value of 5.32 USD Billion.
The compound annual growth rate for the South Korea 5G Smart Farming Market from 2025 to 2035 is projected to be 15.682%.
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.
The Software segment is projected to reach a value of 1.6 USD Billion in 2035.
Key players in the market include LG Uplus, Samsung Electronics, SK Telecom, and CJ CheilJedang among others.
In 2024, the Services segment of the South Korea 5G Smart Farming Market is valued at 0.3 USD Billion.
There are significant opportunities driven by advancements in connectivity and agricultural technology in the market.
Potential challenges include technological barriers and the need for infrastructure development in rural areas.
The market is anticipated to evolve with trends focusing on automation, IoT integration, and enhanced data analytics for farming practices.
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Team Lead - Research she holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.
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