South Korea Livestock Monitoring and Management Solutions Market was valued at USD 0.21 Billion in 2022 and is projected to reach USD 0.42 Billion by 2030, growing at a CAGR of 9.0% from 2024 to 2030.
The South Korea Livestock Monitoring and Management Solutions Market is rapidly evolving, driven by technological advancements and a growing demand for efficient farming practices. This market encompasses a wide range of applications, from animal health monitoring to feed management, with industries increasingly relying on innovative solutions to enhance productivity, traceability, and sustainability in livestock farming.
Technological solutions, such as IoT-based sensors and AI-driven data analytics, are transforming the way livestock is monitored and managed. These innovations enable farmers to collect real-time data on animal behavior, health, and environmental conditions. By leveraging such data, farms can optimize breeding cycles, improve feed management, and minimize disease outbreaks, ultimately enhancing farm profitability. The market is also witnessing increased adoption of automated systems for feeding, milking, and waste management, all aimed at increasing efficiency while reducing manual labor.
Industries in South Korea are seeking solutions that ensure the health and welfare of animals while meeting stringent regulatory standards. This has driven the demand for integrated livestock monitoring systems capable of offering precise control over various factors such as temperature, humidity, and feed intake. The Korean government’s push for smarter, more sustainable agriculture also supports the growth of this sector by providing incentives for technological adoption.
One key trend in the market is the rise of mobile applications that allow farmers to monitor their livestock remotely. This mobile shift enables quick decision-making and allows for better response times to potential issues such as animal health crises. Furthermore, these solutions provide farmers with insights that are crucial for long-term decision-making, helping them track performance trends and maintain compliance with industry regulations.
The need for robust and scalable livestock management systems is expected to grow, as industries push for more efficient, data-driven solutions. As the Livestock Monitoring and Management Solutions Market in South Korea continues to develop, both local and international companies are increasingly focusing on providing tailored solutions that cater to the specific needs of the agricultural sector.
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Allflex Livestock Intelligence
Lely International
GEA Farm Technologies
Afimilk
DeLaval
Dairymaster
Communications Group Lethbridge
Antelliq
HID Global Corporation
Hokofarm-Group
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Livestock Monitoring and Management Solutions Market
Cattle
Poultry
Swine
Sheep
Others (e.g., goats, aquaculture)
Radio-frequency Identification (RFID)
Global Positioning System (GPS)
Internet of Things (IoT)
Wearable Technologies
Drones and Aerial Surveillance
Health Monitoring
Feeding Management
Breeding Management
Environmental Monitoring
Record Keeping and Analytics
Cloud-based Solutions
On-Premise Solutions
Hybrid Solutions
Large Scale Farms
Small to Medium Enterprises (SMEs)
Livestock Producers and Cooperatives
Research and Academic Institutions
Government and Regulatory Bodies
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Livestock Monitoring and Management Solutions Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Livestock Monitoring and Management Solutions Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Livestock Monitoring and Management Solutions Market, By Type
6. South Korea Livestock Monitoring and Management Solutions Market, By Application
7. South Korea Livestock Monitoring and Management Solutions Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Livestock Monitoring and Management Solutions Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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