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South Korea Smart Toys Market

ID: MRFR/ICT/60970-HCR
200 Pages
Aarti Dhapte
October 2025

South Korea Smart Toys Market Research Report By Type (Robots, Interactive Games, Educational Robots), By Technology (Wi-Fi, Bluetooth, RFID or NFC), By Distribution Channel (Online/Ecommerce Stores, Specialty Stores, Toy Shops) and By End-user (Toddlers, Pre-schoolers, School-going, Stripling)-Forecast to 2035

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South Korea Smart Toys Market Infographic
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South Korea Smart Toys Market Summary

As per MRFR analysis, the South Korea smart toys market size was estimated at 1173.06 USD Million in 2024. The South Korea smart toys market is projected to grow from 1462.81 USD Million in 2025 to 13305.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 24.7% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The South Korea smart toys market is experiencing robust growth driven by technological advancements and changing consumer preferences.

  • The largest segment in the South Korea smart toys market is interactive learning toys, which are gaining traction among parents.
  • The fastest-growing segment is connected toys, reflecting the increasing integration of technology in play.
  • Online shopping is expanding rapidly, with consumers preferring the convenience of purchasing smart toys digitally.
  • Key market drivers include rising demand for interactive learning and increased parental investment in child development.

Market Size & Forecast

2024 Market Size 1173.06 (USD Million)
2035 Market Size 13305.0 (USD Million)

Major Players

LEGO Group (DK), Hasbro Inc (US), Mattel Inc (US), Spin Master Corp (CA), VTech Holdings Ltd (HK), Sphero Inc (US), Fisher-Price (US), Nerf (US)

South Korea Smart Toys Market Trends

the smart toys market in South Korea is evolving dynamically, driven by technological advancements and changing consumer preferences. The integration of artificial intelligence and interactive features into toys has captured the attention of both children and parents. This trend reflects a growing demand for educational and engaging products that not only entertain but also promote learning and development. As a result, manufacturers are increasingly focusing on creating innovative solutions that cater to the needs of modern families. Furthermore, the rise of digital platforms and online shopping has transformed the way consumers access and purchase smart toys, leading to a more competitive landscape. In addition, sustainability has emerged as a key consideration within the smart toys market. Consumers are becoming more conscious of the environmental impact of their purchases, prompting companies to adopt eco-friendly materials and production processes. This shift towards sustainability is likely to influence product design and marketing strategies in the coming years. Overall, the smart toys market in South Korea is poised for continued growth., with a focus on innovation, sustainability, and enhanced consumer engagement.

Technological Integration

The incorporation of advanced technologies such as AI and IoT into toys is reshaping the smart toys market. These innovations enhance interactivity and learning experiences, appealing to tech-savvy parents and children alike.

Sustainability Focus

There is a noticeable shift towards eco-friendly practices within the smart toys market. Companies are increasingly prioritizing sustainable materials and production methods, responding to consumer demand for environmentally responsible products.

Online Shopping Growth

The rise of e-commerce platforms is significantly impacting the smart toys market. Consumers are increasingly turning to online channels for purchasing, leading to a more diverse range of products and competitive pricing.

South Korea Smart Toys Market Drivers

Focus on Safety and Quality Standards

Safety and quality standards are paramount in the smart toys market in South Korea. With heightened awareness regarding child safety, parents are increasingly scrutinizing the materials and manufacturing processes of toys. Regulatory bodies are enforcing stricter guidelines to ensure that smart toys meet safety requirements. This focus on safety is influencing purchasing decisions, as parents prefer brands that prioritize high-quality materials and rigorous testing. Consequently, manufacturers are investing in research and development to enhance product safety features. This emphasis on safety not only builds consumer trust but also contributes to the overall growth and sustainability of the smart toys market.

Rising Demand for Interactive Learning

the smart toys market in South Korea is experiencing a notable increase in demand for interactive learning tools.. Parents are increasingly seeking educational toys that promote cognitive development and engagement. This trend is driven by a growing awareness of the importance of early childhood education. According to recent data, the market for educational toys is projected to grow at a CAGR of 10% over the next five years. Smart toys that incorporate augmented reality and artificial intelligence are particularly appealing, as they offer personalized learning experiences. This shift towards interactive learning solutions is reshaping the smart toys market, as manufacturers innovate to meet the evolving needs of parents and children alike.

Growing Popularity of Connected Devices

The proliferation of connected devices in South Korea is influencing the smart toys market. As households become increasingly equipped with smart home technology, toys that can connect to these devices are gaining traction. This trend is characterized by toys that can be controlled via smartphones or integrated with home assistants. The convenience and interactivity offered by connected toys are appealing to tech-savvy parents. Market analysis suggests that the segment of connected toys is expected to grow by 15% annually, reflecting a shift towards more integrated play experiences. This growing popularity is likely to drive innovation and competition within the smart toys market.

Technological Advancements in Toy Design

Technological advancements play a crucial role in shaping the smart toys market in South Korea. Innovations such as artificial intelligence, machine learning, and IoT integration are transforming traditional toys into interactive experiences. For instance, toys that can adapt to a child's learning pace or provide real-time feedback are gaining popularity. The market is witnessing a surge in products that utilize voice recognition and responsive features, enhancing user engagement. As a result, the smart toys market is expected to expand significantly, with projections indicating a potential market size of $1 billion by 2027. This technological evolution is likely to attract both consumers and investors, further driving growth.

Increased Parental Investment in Child Development

In South Korea, there is a marked increase in parental investment in child development, which significantly impacts the smart toys market. Parents are prioritizing products that not only entertain but also contribute to their children's growth and learning. This trend is reflected in the rising sales of smart toys that offer educational content and developmental benefits. Recent statistics indicate that 65% of parents are willing to spend more on toys that promote STEM learning. This shift in consumer behavior is prompting manufacturers to focus on creating innovative products that align with educational goals, thereby enhancing the overall appeal of the smart toys market.

Market Segment Insights

South Korea Smart Toys Market Segment Insights

South Korea Smart Toys Market Segment Insights

Smart Toys Market Type Insights

Smart Toys Market Type Insights

The South Korea Smart Toys Market showcases a diverse Type segmentation, primarily emphasizing Robots, Interactive Games, and Educational Robots, each playing a critical role in shaping the industry landscape. Robots represent a significant component of the market, gaining traction due to their innovative features that combine entertainment with learning. These toys not only capture children's interest through play but also enhance problem-solving skills and creativity, making them valuable educational tools.

Interactive Games have carved out a vital niche by leveraging technology to engage younger audiences, promoting cognitive development while offering an enjoyable experience.Such games often incorporate elements of gamification that keep children motivated and focused, leading to sustained market growth. Educational Robots, on the other hand, are particularly noteworthy as they are designed explicitly for teaching programming and robotics to kids, aligning with South Korea's emphasis on technology and STEM education.

With the government initiatives aimed at nurturing technological skills among children, the popularity of these toys is expected to soar. The robust interest in smart toys reflects not only the nation's commitment to integrating technology into early education but also signifies a shift in consumer preferences towards interactive and educational play experiences.

Each type segment contributes uniquely to the overall dynamics of the South Korea Smart Toys Market, reflecting the growing trend of blending fun with learning in playtime activities. As the market continues to evolve, leveraging technology and educational value, these segments are poised for significant developments in the coming years, supported by positive consumer attitudes and an increased shift towards interactive learning modalities.

Smart Toys Market Technology Insights

Smart Toys Market Technology Insights

The Technology segment of the South Korea Smart Toys Market is experiencing significant growth, driven by advancements in connectivity options and the increasing integration of digital technologies into play experiences. Key drivers include the rising demand for interactive and educational toys that engage children while promoting learning outcomes.

Among the technological features, Wi-Fi and Bluetooth technologies are particularly notable, as they enable real-time interactivity and connectivity with smart devices, enhancing user experiences. Platforms utilizing RFID and NFC technologies are also becoming significant, as they facilitate seamless interaction between toys and other devices, offering innovative functionalities that motivate children's engagement.These technologies not only make toys more attractive but also foster a learning environment that adapts to individual needs.

The South Korean government has been supporting the industry through initiatives that encourage innovation and the development of smart educational toys, thus bolstering the overall South Korea Smart Toys Market industry. This focus on technological integration and the desire for high-quality, engaging products will likely shape the future of the market, making it more dynamic and forward-thinking. The evolving consumer preferences for tech-savvy toys are indicative of a broader trend towards enriching childhood experiences through enhanced connectivity and intelligent design.

Smart Toys Market Distribution Channel Insights

Smart Toys Market Distribution Channel Insights

The South Korea Smart Toys Market is significantly influenced by its Distribution Channel segment, which includes Online/Ecommerce Stores, Specialty Stores, and Toy Shops. The rise of Online/Ecommerce Stores has transformed shopping habits, allowing consumers to conveniently access a wide variety of smart toys from the comfort of their homes.

This channel is pivotal due to the increasing digitization and online penetration within South Korea, where a significant portion of the population engages in online shopping. Specialty Stores cater to niche markets, focusing on high-quality, unique smart toys that appeal to parents seeking educational and entertaining options for their children.These stores enhance customer experience through personalized service and product expertise.

Toy Shops, while traditional, play a vital role in the distribution of smart toys, providing a tactile experience for parents and children to engage with the products directly before purchase. Each of these channels contributes distinctly to the South Korea Smart Toys Market, driven by consumer preferences for convenience and quality, as well as a growing interest in innovative play solutions. The dynamics among these various distribution options provide substantial opportunities for market growth, influenced by changing consumer behaviors and preferences in the region.

Smart Toys Market End-user Insights

Smart Toys Market End-user Insights

The South Korea Smart Toys Market has shown significant growth in its End-user segmentation, comprising Toddlers, Pre-schoolers, School-going children, and Stripling. Each category plays an essential role in shaping the industry dynamics. For instance, Toddlers are often targeted due to the increasing parental focus on early childhood education and developmental skills, making them a critical demographic.

Pre-schoolers are influenced heavily by educational toys that foster creativity and cognitive skills, leading to substantial demand for interactive learning products.School-going children represent a segment seeking more complex and engaging toys that integrate technology, which enhances their educational experience. Finally, Stripling are at an age where social interaction through smart toys is crucial, creating a demand for products that facilitate peer engagement.

The South Korea Smart Toys Market revenue is driven by a combination of technological advancements, changing consumer preferences, and a growing emphasis on educational value in toys. As families continue to embrace innovative learning methods, the market is poised for sustained growth, supported by these diverse yet interrelated segments.With these enhanced features, smart toys become pivotal in nurturing the next generation's learning experiences.

Get more detailed insights about South Korea Smart Toys Market

Key Players and Competitive Insights

the smart toys market in South Korea has a dynamic competitive landscape, driven by rapid technological advancements and evolving consumer preferences.. Key players such as LEGO Group (DK), Hasbro Inc (US), and Spin Master Corp (CA) are at the forefront, each adopting distinct strategies to enhance their market presence. LEGO Group (DK) emphasizes innovation through its integration of augmented reality (AR) into its product lines, aiming to create immersive play experiences. Meanwhile, Hasbro Inc (US) focuses on expanding its digital offerings, leveraging partnerships with tech firms to enhance its smart toy portfolio. Spin Master Corp (CA) appears to be concentrating on sustainability, introducing eco-friendly materials in its manufacturing processes, which resonates well with environmentally conscious consumers. Collectively, these strategies contribute to a competitive environment that is increasingly centered around technological integration and consumer engagement.

In terms of business tactics, companies are localizing manufacturing to reduce costs and improve supply chain efficiency. This approach is particularly relevant in a moderately fragmented market where smaller players also vie for consumer attention. The competitive structure is influenced by the collective actions of these key players, who are not only innovating but also optimizing their operations to maintain a competitive edge.

In October 2025, LEGO Group (DK) launched a new line of smart toys that incorporate AR technology, allowing children to interact with their physical toys in a digital environment. This strategic move is significant as it positions LEGO at the intersection of physical and digital play, potentially attracting a broader audience and enhancing user engagement. The introduction of AR features may also set a new standard in the industry, compelling competitors to innovate similarly.

In September 2025, Hasbro Inc (US) announced a partnership with a leading AI firm to develop interactive smart toys that adapt to children's learning styles. This collaboration is crucial as it not only enhances Hasbro's product offerings but also aligns with the growing trend of personalized learning experiences. By integrating AI, Hasbro is likely to improve customer satisfaction and loyalty, thereby strengthening its market position.

In August 2025, Spin Master Corp (CA) unveiled its commitment to sustainability by pledging to use 100% recyclable materials in its packaging by 2026. This initiative reflects a broader industry trend towards environmental responsibility and may appeal to a growing demographic of eco-conscious consumers. Spin Master's proactive approach could enhance its brand image and differentiate it from competitors who may not prioritize sustainability.

As of November 2025, the competitive trends in the smart toys market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in enhancing innovation and market reach. Looking ahead, competitive differentiation is likely to evolve from traditional price-based strategies to a focus on technological innovation, product quality, and supply chain reliability. This shift suggests that companies must continuously adapt to maintain relevance in a rapidly changing market.

Key Companies in the South Korea Smart Toys Market market include

Industry Developments

The South Korea Smart Toys Market has seen significant developments recently, particularly with key players such as Samsung Electronics and LG Electronics enhancing their product offerings in the sector. This shift aligns with the increasing demand for interactive learning tools among parents, as more households transition to smart home environments.

In terms of mergers and acquisitions, in July 2023, VTech Holdings announced its acquisition of Goldi Technology, aiming to leverage their innovative toy designs for AI-powered educational solutions. Such movements reflect a broader trend in the Smart Toys Market, where companies strive for a competitive edge through technological integration.

Additionally, the market has experienced a steady growth valuation with estimates suggesting an increase from 1.2 USD Billion in 2021 to 1.7 USD Billion in 2023, propelled by increased consumer interest in digital learning and interactive play. This growth is shaping the development and marketing strategies of major companies who are actively investing in R&D for smart toys.

Future Outlook

South Korea Smart Toys Market Future Outlook

The smart toys market is projected to grow at a 24.7% CAGR from 2024 to 2035, driven by technological advancements, increased consumer demand, and educational benefits.

New opportunities lie in:

  • Development of AI-driven interactive learning platforms for children.
  • Expansion of subscription-based models for smart toy content updates.
  • Partnerships with educational institutions for curriculum-integrated smart toys.

By 2035, the smart toys market is expected to achieve substantial growth and innovation.

Market Segmentation

South Korea Smart Toys Market Type Outlook

  • Robots
  • Interactive Games
  • Educational Robots

South Korea Smart Toys Market End-user Outlook

  • Toddlers
  • Preschoolers
  • School-going
  • Stripling

South Korea Smart Toys Market Technology Outlook

  • Wi-Fi
  • Bluetooth
  • RFID or NFC

South Korea Smart Toys Market Distribution Channel Outlook

  • Online/E-commerce Stores
  • Specialty Stores
  • Toy Shops

Report Scope

MARKET SIZE 2024 1173.06(USD Million)
MARKET SIZE 2025 1462.81(USD Million)
MARKET SIZE 2035 13305.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 24.7% (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 LEGO Group (DK), Hasbro Inc (US), Mattel Inc (US), Spin Master Corp (CA), VTech Holdings Ltd (HK), Sphero Inc (US), Fisher-Price (US), Nerf (US)
Segments Covered Type, Technology, Distribution Channel, End-user
Key Market Opportunities Integration of artificial intelligence and interactive features enhances engagement in the smart toys market.
Key Market Dynamics Rising consumer demand for interactive features drives innovation in the smart toys market.
Countries Covered South Korea

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FAQs

What is the expected market size of the South Korea Smart Toys Market in 2024?

The South Korea Smart Toys Market is expected to be valued at 1.3 billion USD in 2024.

What is the projected market size for the South Korea Smart Toys Market by 2035?

By 2035, the South Korea Smart Toys Market is projected to reach a value of 7.0 billion USD.

What is the expected CAGR for the South Korea Smart Toys Market from 2025 to 2035?

The expected CAGR for the South Korea Smart Toys Market from 2025 to 2035 is 16.538%.

Which segment accounts for the largest share in the South Korea Smart Toys Market?

The Robots segment is expected to grow significantly, valued at 0.5 billion USD in 2024 and projected to reach 2.5 billion USD by 2035.

What market value is projected for Interactive Games in the South Korea Smart Toys Market by 2035?

The Interactive Games segment is projected to grow from 0.4 billion USD in 2024 to 2.2 billion USD by 2035.

What is the expected market size for Educational Robots in 2035?

The Educational Robots segment is expected to reach a market size of 2.3 billion USD by 2035.

Who are the major players in the South Korea Smart Toys Market?

Key players include Samsung Electronics, SK Telecom, VTech Holdings, and LG Electronics among others.

What opportunities exist in the South Korea Smart Toys Market?

The market is witnessing trends such as increasing demand for interactive and educational toys, creating numerous growth opportunities.

What challenges might affect the growth of the South Korea Smart Toys Market?

Challenges may include competition from traditional toys and the need for continuous technological advancement.

How does the South Korea Smart Toys Market compare to global market trends?

The South Korea Smart Toys Market is experiencing rapid growth, consistent with global trends towards smart and interactive play-based learning.

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