South Korea Edge Computing Market Research Report, 2029

South Korea’s edge computing market is shaped by its advanced technological landscape, government policies, and a rapidly growing demand for real-time data processing capabilities across multiple sectors. As one of the world’s leaders in technology and innovation, South Korea has positioned itself as a prime market for edge computing solutions, driven by increasing adoption in areas such as Industrial Internet of Things (IIoT), autonomous driving, healthcare, and smart city development. Edge computing—a model that allows data to be processed closer to where it is generated, thus reducing latency and bandwidth consumption—aligns well with South Korea’s broader goal to be a global leader in 5G technology and related services. Policies and regulations from South Korea’s Ministry of Science and ICT and the government’s strategic initiatives, like the Digital New Deal, are central to the country's adoption of edge computing. These initiatives emphasize the importance of developing cutting-edge digital infrastructure, smart factories, and a robust data economy. South Korea’s rapid urbanization, high connectivity rates, and strong government support have catalyzed interest in edge computing, creating an environment where industries can leverage this technology to optimize operations, enhance productivity, and deliver seamless user experiences. Furthermore, South Korea’s investment in AI and IoT, combined with its commitment to sustainability, has led to increased adoption of edge computing in sectors that benefit from real-time data insights, particularly in managing energy consumption and minimizing environmental impact. As South Korea advances its digital infrastructure, the edge computing market is positioned to experience accelerated growth in line with the country's technological ambitions and economic development goals. According to the research report "South Korea Edge Computing Market Research Report, 2029," published by Actual Market Research, the South Korea Edge Computing market is expected to reach a market size of more than USD 1.17 Billion by 2029. The market’s expansion is driven by multiple factors, including the country's strong 5G network infrastructure, increasing demand for low-latency applications, and rising consumer expectations for faster and more reliable digital services. One of the primary growth drivers is South Korea’s leadership in 5G technology, which enables ultra-fast data transfer speeds and is crucial for supporting edge computing applications. The country's early and widespread adoption of 5G provides a robust foundation for edge computing, as it allows organizations to process data closer to the source, reducing latency and enhancing efficiency. Another major factor contributing to market growth is the rise of autonomous driving and smart city initiatives, which rely on edge computing for real-time decision-making and data processing. Companies in South Korea are increasingly incorporating edge computing to support AI-driven applications, IoT deployments, and machine learning tasks, helping them stay competitive in a data-centric economy. Key players in the South Korean edge computing market include domestic technology giants like Samsung Electronics and SK Telecom, as well as international firms such as IBM, Microsoft, and Amazon Web Services. These companies are focused on providing comprehensive edge solutions, from hardware and software to cloud and AI services, which support a variety of applications in South Korea’s technologically advanced market. The growing adoption of AI and machine learning across industries, combined with the shift towards Industry 4.0, presents opportunities for edge computing to become deeply integrated into industrial processes and enhance operational efficiencies. The market also benefits from government-backed research and development (R&D) initiatives, which encourage local companies to innovate and offer cutting-edge edge computing solutions tailored to the needs of South Korean industries.

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The South Korean edge computing market is segmented by component into hardware, software, and services, each playing a critical role in the deployment and functioning of edge computing solutions. In the hardware segment, there is significant demand for components such as edge servers, gateways, and networking equipment, as these devices are essential for processing and transmitting data at the edge. Leading hardware providers, including both local and international companies, offer advanced and compact edge devices that support high-performance computing in real-time applications. With South Korea’s focus on sectors like manufacturing, telecommunications, and smart cities, hardware demand is expected to remain robust as businesses look to deploy reliable and high-performance edge devices that can operate in various industrial environments. The software segment, which includes edge management platforms, analytics tools, and AI software, has also gained traction in South Korea, driven by the need for flexible, scalable, and secure edge solutions. Edge software platforms facilitate data processing, storage, and analysis at the edge, allowing companies to harness real-time insights and automate decision-making. Service providers, both from South Korea and globally, offer software solutions that integrate edge computing with cloud services, enabling hybrid models that combine local processing power with cloud-based data storage and management. Services, including consulting, installation, and maintenance, are increasingly in demand as businesses require expert assistance to deploy, manage, and optimize their edge computing infrastructure. Consulting and system integration services are particularly relevant in South Korea’s industrial and telecommunications sectors, where edge computing solutions are often complex and need to be tailored to specific applications, such as IIoT and remote monitoring. In these applications, edge computing allows for real-time data collection and processing, which is crucial for improving operational efficiency and minimizing downtime. South Korea’s edge computing market is also segmented by enterprise size, encompassing large enterprises and small to medium-sized enterprises (SMEs), and by a range of end-user applications, including telecom and IT, industrial, retail, healthcare, and others such as transportation and logistics, government and public sector, data centers, and media and entertainment. Large enterprises in South Korea have been at the forefront of edge computing adoption, with major corporations investing in edge solutions to streamline operations, improve customer experiences, and support digital transformation initiatives. For instance, South Korea’s telecom sector, led by major providers like SK Telecom and KT Corporation, utilizes edge computing to enhance network performance, optimize data delivery, and support low-latency applications, including augmented and virtual reality (AR/VR). The industrial sector, encompassing manufacturing and energy, has also embraced edge computing for predictive maintenance, process automation, and real-time monitoring. With South Korea’s push towards smart factories and Industry 4.0, edge computing is integral to enabling data-driven insights that improve productivity and reduce operational costs. In the retail sector, edge computing supports applications like customer analytics, inventory management, and in-store automation, helping businesses respond quickly to consumer behavior and streamline operations. Healthcare is another vital sector for edge computing, with applications ranging from remote patient monitoring to diagnostics and data processing, especially as South Korea aims to develop a more connected healthcare ecosystem. SMEs are also beginning to adopt edge computing, particularly in sectors like agriculture and logistics, where localized data processing can help optimize resource usage and improve supply chain efficiency. The public sector, including government and transportation, benefits from edge computing by enabling smart city applications, improving public safety, and managing urban infrastructure. These applications highlight the versatility of edge computing in meeting the diverse needs of South Korea’s enterprise landscape. The South Korean edge computing market is well-positioned for substantial growth, supported by a blend of strong government support, technological infrastructure, and industry demand for real-time data processing solutions. South Korea’s commitment to digital transformation, coupled with its leadership in 5G technology, creates a favorable environment for edge computing to flourish across various sectors, including industrial, healthcare, retail, and telecommunications. With a projected CAGR of approximately 7.2% from 2024 to 2029, the South Korean market is expected to experience steady growth as businesses and government agencies increasingly rely on edge solutions to enhance operational efficiency, reduce latency, and meet the evolving needs of a digitally connected society. The market's ability to adapt to changing technological trends, including AI and IoT integration, underscores its resilience and potential for long-term success. Companies operating in South Korea are likely to benefit from the government’s focus on sustainable and high-tech initiatives, which prioritize advancements in data processing and automation. As edge computing becomes more embedded in South Korea’s infrastructure, the market is expected to continue expanding, offering numerous opportunities for both local and international players to contribute to the country's vision of a technologically advanced, sustainable, and data-driven economy.

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Kripa Shah

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Considered in this report • Geography: Global • Historic Year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects covered in this report • Global Edge Computing Market with its value and forecast along with its segments • Region & country wise Edge Computing market analysis • Application wise Edge Computing distribution • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Component • Hardware • Software • Service

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By Application • Industrial IoT • Remote monitoring • Content delivery • AR/VR • Others By Enterprise Size • Large enterprises • SME By End user • Telecom & IT • Industrial • Retail • Healthcare • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to agriculture industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.