South Korea Digital Security Control Market Size & Outlook

The digital security control market in South Korea is expected to reach a projected revenue of US$ 687.2 million by 2030. A compound annual growth rate of 16.3% is expected of South Korea digital security control market from 2024 to 2030.
Revenue, 2023 (US$M)
$238.2
Forecast, 2030 (US$M)
$687.2
CAGR, 2024 - 2030
16.3%
Report Coverage
South Korea

South Korea digital security control market highlights

  • The South Korea digital security control market generated a revenue of USD 238.2 million in 2023 and is expected to reach USD 687.2 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 16.3% from 2024 to 2030.
  • In terms of segment, biometric technologies was the largest revenue generating hardware in 2023.
  • Biometric Technologies is the most lucrative hardware segment registering the fastest growth during the forecast period.


Digital security control market data book summary

Market revenue in 2023USD 238.2 million
Market revenue in 2030USD 687.2 million
Growth rate16.3% (CAGR from 2023 to 2030)
Largest segmentBiometric technologies
Fastest growing segmentBiometric Technologies
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSmart Card, Sim Card, Biometric Technologies


Other key industry trends

  • In terms of revenue, South Korea accounted for 1.6% of the global digital security control market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China digital security control market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,306.5 million by 2030.

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Digital Security Control Market Companies

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South Korea digital security control market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to digital security control market will help companies and investors design strategic landscapes.


Biometric technologies was the largest segment with a revenue share of 34.21% in 2023. Horizon Databook has segmented the South Korea digital security control market based on smart card, sim card, biometric technologies covering the revenue growth of each sub-segment from 2017 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea digital security control market , including forecasts for subscribers. This country databook contains high-level insights into South Korea digital security control market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea digital security control market size, by hardware, 2017-2030 (US$M)

South Korea Digital Security Control Market Outlook Share, 2023 & 2030 (US$M)

South Korea digital security control market size, by hardware, 2017-2030 (US$M)

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