South Korea Intelligent Building Automation Technologies Market Size Worth USD 5.66 Billion by 2034 | CAGR: 11.34%

The South Korea intelligent building automation technologies market size is expected to reach USD 5.66 billion by 2034, according to a new study by Polaris Market Research. The report “South Korea Intelligent Building Automation Technologies Market Size, Share, Volume, Trends, Industry Analysis Report By Component (Hardware, Software, Services), By End User – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The South Korea intelligent building automation technologies (IBAT) market focuses on integrating advanced control systems, sensors, and digital platforms to optimize the management of building functions such as lighting, HVAC, security, and energy consumption. This market is gaining momentum due to the growing emphasis on sustainability, operational efficiency, and occupant comfort across commercial and residential structures. Government-led initiatives to create smart cities and carbon-neutral infrastructure are encouraging the widespread deployment of intelligent systems in both new and retrofitted buildings. Growth is further supported by the country’s strong foundation in electronics and semiconductors, which fosters rapid innovation in automation hardware and embedded systems.

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Increasing use of cloud platforms, AI-driven analytics, and IoT connectivity is driving adoption of scalable and remotely controlled building management solutions. Industry trends show a clear movement toward seamless integration of disparate systems through interoperable platforms, enabling centralized monitoring and data-driven decision-making. Demand is also expanding due to the need for better energy management in response to strict environmental regulations and rising energy costs. Additionally, the rise of hybrid work models is prompting commercial facilities to invest in intelligent automation for space optimization and predictive maintenance. Market players are exploring new opportunities in software-defined building environments, where automation capabilities are enhanced through machine learning algorithms and edge computing. These developments are laying the groundwork for buildings to act as responsive assets within larger digital ecosystems, offering new efficiencies and service models. The combination of policy support, local innovation, and strong commercial demand positions this market for sustained growth.

South Korea Top of FormIntelligent Building Automation Technologies Market Report Highlights

• By component, the hardware segment accounted for ~44% of revenue share in 2024 due to high penetration of advanced sensor technologies, control devices, and connected hardware platforms.
• Based on end user, the commercial segment is projected to register a CAGR of 12.18% from 2025 to 2034, as the growing demand for energy-efficient, secure, and digitally managed workspaces is fueling rapid adoption of intelligent automation across South Korea’s commercial sector.
• A few key players include ABB Limited; Azbil Corporation; Daikin Industries, Ltd.; Delta Controls; Eaton Corporation; Honeywell International Inc.; Johnson Controls, Inc.; LG Electronics; Mitsubishi Electric Corporation; Samsung Electronics; and Schneider Electric.

Polaris Market Research has segmented the South Korea Top of Formintelligent building automation technologies market report on the basis of component and end user:

By Component Outlook (Volume, Million Units; Revenue, USD Billion; 2020–2034)

• Hardware
  • Sensors
  • Controllers
  • Actuators
  • Networking Devices
  • Others
• Software
  • Building Management Systems (BMS)
  • Energy Management Software
  • Lighting Control Software
  • HVAC Control Software
  • Fire, Life & Safety and Security
  • Others
• Services
  • Professional Services
  • Managed Services

By End User Outlook (Volume, Million Units; Revenue, USD Billion; 2020–2034)

• Commercial
• Residential
• Industrial