South Korea Connected Retail Market Insight
Published: 25 June 2026 | Report Format: Electronic (PDF) | Author: Govind and Krishna
The South Korea Connected Retail Market is expected to grow at a CAGR of 11.32% due to increasing demand for seamless omnichannel customer experiences, rapid smart store automation adoption, expanding internet-of-things (IoT) ecosystem configurations, and rising deployment of advanced proximity systems, RFID networks, and smart digital signage.
South Korea Connected Retail Market Insights Forecasts to 2035
- The South Korea Connected Retail Market Size Was Estimated USD 420.5 Million in 2025
- The Market Size is Expected to Grow at a CAGR of around 11.32% from 2025 to 2035
- The South Korea Connected Retail Market Size is Expected to rise around USD 1,228.6 Million by 2035
Notable Insights for the South Korea Connected Retail Market
- The Smart Shelves & IoT-Enabled Inventory Platforms segment secured a dominant 54% market share in 2025, driven by high adoption in South Korea's commercial urban convenience stores and automated supermarkets.
- Fueled by rising demand for personalized customer interactions, cloud data platforms, and high-yield operational layout efficiency, Hypermarkets & Department Stores led the market in 2025 with a dominant 57% share.
- Driven by strong global demand for interactive electronic shelf labels and automated checkout platforms, Samsung Electronics projected its fiscal year 2025 worldwide B2B commercial division revenue at approximately $1.8 billion.
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- Market growth accelerates as brick-and-mortar storefronts modernize, utilizing automated digital inventory systems and resource-efficient store mapping methods to achieve 34% logistical savings and reduce out-of-stock rates by 27%.
Why Buy This Report
- Gives an in-depth analysis of the impact of trends in omnichannel retail ecosystems, modernization in automated storefront hardware, and development in cloud monitoring platforms on the South Korea Connected Retail Market growth.
- Provides strategic insights regarding technology innovation such as automated checkout solutions, artificial intelligence-based proximity marketing, smart digital signage instruments, and real-time foot-traffic tracking networks.
- Assists players to analyze competitive benchmarking, investment in retail infrastructure digitization, automation in distribution fulfillment centers, and expansion in smart brick-and-mortar operations by major connected technology providers.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea Connected Retail Market, along with a comparative evaluation primarily based on their product of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
Top Companies in South Korea Connected Retail Market
- Samsung Electronics Co., Ltd.
- LG Electronics Inc.
- SK Telecom Co., Ltd.
- KT Corporation
- Lotte Data Communication
- Shinsegae I&C
- Emart Inc.
- Naver Corporation
- Kakao Enterprise
- BGF Retail
Recent Developments:
- In October 2025, Shinsegae I&C introduced smart AI-enabled connected commercial retail systems integrated with cloud-based automated logistics infrastructure for precise physical storefront operations.
- In July 2025, Lotte Data Communication launched next-generation modular automated storefront structures optimized for urban omni-channel tracking, automated shelf analytics, and inventory management applications requiring high-yield accuracy.
Market Segmentation:
South Korea Connected Retail Market, By Component Type
- Smart IoT Hardware Systems
- Electronic Shelf Labels (ESL)
- Proximity Telemetry Beacons
- Automated Checkout Terminals
- Digital Signage Displays
South Korea Connected Retail Market, By Software & Platform
- AI-Based Behavioral Analytics
- Cloud Store Management Tools
- Real-Time Inventory Platforms
- Predictive Demand Software Solutions
- Customer Loyalty Systems
South Korea Connected Retail Market, By Store Format
- Hypermarkets & Supermarkets
- Convenience Stores & Mini-Marts
- Department Store Complex Facilities
- Specialty Retail Boutiques
- Automated Unmanned Storefronts
Expert Views:
The market for connected retail in South Korea will grow owing to the rise in the demand for high yield commercial production systems, the growing number of modernization of commercial greenhouses, and increasing demand for automated indoor storefront solutions. The inclusion of artificial intelligence based climate regulation solutions, Internet of Things enabled inventory monitoring systems, and advanced precision sensors will enhance operational efficiency and boost the demand for connected retail systems in the South Korean market.
Author: Govind and Krishna By Decisions Advisors and Consulting