South Korea Critical Infrastructure Protection Market Size, Share, and COVID-19 Impact Analysis, By Component (Solutions (Physical Security Solutions (Physical Identity and Access Control Systems, Perimeter Intrusion Detection Systems, Video Surveillance Systems, Screening and Scanning, Others), Services(Cyber Security Solutions, Encryption, Network Access Control and Firewall, Threat Intelligence, Others)), By End User (Financial Institutions, Government, Defense, Transport and Logistics, Energy and Power, Commercial Sector, and Others), and South Korea Critical Infrastructure Protection Market Insights, Industry Trend, Forecasts to 2035

South Korea Critical Infrastructure Protection Market Insights Forecasts to 2035

• The South Korea Critical Infrastructure Protection Market Size was estimated at USD 2.7 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 1.84% from 2025 to 2035
• The South Korea Critical Infrastructure Protection Market Size is Expected to Reach USD 3.3 Billion by 2035

According to a Research Report Published by Spherical Insights & Consulting, The South Korea Critical Infrastructure Protection Market Size is anticipated to Reach USD 3.3 Billion by 2035, Growing at a CAGR of 1.84% from 2025 to 2035. Some of the main factors propelling the market are the growing emphasis on international collaborations, the importance of regulatory compliance and adherence to rules and standards, and the growing awareness of the possible repercussions of attacks on critical infrastructure.

Market Overview

The technologies, regulations, and services used to protect vital systems and assets that are essential to public safety, economic stability, and national security are collectively referred to as the country's Critical Infrastructure Protection (CIP) market. Additionally, one of the key elements driving the South Korean market's expansion at the moment is the growing emphasis on international partnerships. In addition, a noteworthy trend in the defense of critical infrastructure is the combination of artificial intelligence (AI) and Internet of Things (IoT) devices. Real-time data from IoT devices facilitates proactive threat detection and improved monitoring. Contrarily, artificial intelligence (AI) improves the analytical powers of critical infrastructure protection systems, facilitating predictive modeling and quick reaction to possible threats. The overall resilience of vital infrastructure against physical and cyber threats is improved by this integration.

Report Coverage

This research report categorizes the market for the South Korea critical infrastructure protection market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea critical infrastructure protection market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea critical infrastructure protection market.

Driving Factors

A positive outlook for the nation's market is being provided by the increased focus on regulatory compliance and adherence to laws and standards. Additionally, because hackers, state-sponsored actors, and cybercriminals are always improving their strategies, critical infrastructure operators must invest in state-of-the-art cybersecurity solutions. The increasing number of ransomware attacks and data breaches highlights how urgently strong security measures are needed. Additionally, a proactive approach to protection is being fostered by growing awareness of the possible repercussions of attacks on critical infrastructure. People, companies, and governing bodies are realizing more and more how intertwined vital systems are and how disruptions can have a ripple effect.

Restraining Factors

The high upfront costs associated with advanced security technologies, such as AI-driven surveillance, quantum-safe encryption, and integrated platforms, may discourage adoption, particularly among smaller operators.

Market Segmentation

The South Korea critical infrastructure protection market share is classified into component and end user.

• The solutions segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea critical infrastructure protection market is segmented by component into solutions and cyber security solutions and services. Among these, the solutions segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The term "rising cyber and physical threats" describes the increasing frequency of physical and digital attacks on vital infrastructure. In South Korea, this includes threats like terrorism or sabotage against defense, transportation, and energy systems, as well as state-sponsored cyberattacks, particularly from North Korea. In order to protect national assets, these threats have forced organizations to implement cutting-edge security technologies like intrusion detection systems, quantum-safe encryption, and AI-driven surveillance.

• The government segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period

The South Korea critical infrastructure protection market is segmented by end user into financial institutions, government, defense, transport and logistics, energy and power, commercial sector, and others. Among these, the government segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The need for secure digital infrastructure such as encrypted communication, identity management, and threat detection has increased as more and more government services are being provided online.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea critical infrastructure protection market along with a comparative evaluation primarily based on their product 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.

List of Key Companies

• SK Broadband
• Samsung SDS
• LG CNS
• Hanwha Systems
• KT Corp
• Hyundai AutoEver
• Others

Recent Developments:

• In December 2024, Nokia announced that Nokia and SK Broadband had deployed a leased line network for Korea Hydro and Nuclear Power (KHNP) to enhance data security. Completed in 2024, this deployment enabled KHNP to protect its network against existing and emerging cyber threats, including quantum computing-based cyberattacks.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Critical Infrastructure Protection Market based on the below-mentioned segments:

South Korea Critical Infrastructure Protection Market, By Component

• Solutions
  • Physical Security Solutions
    • Physical Identity and Access Control Systems
    • Perimeter Intrusion Detection Systems
    • Video Surveillance Systems
    • Screening and Scanning
    • Others
  • Cyber Security Solutions 
    • Encryption
    • Network Access Control and Firewall
    • Threat Intelligence
    • Others
• Services 
  • Designing and Integration Services
  • Consultation Services
  • Risk Management Services
  • Maintenance and Support Services

South Korea Critical Infrastructure Protection Market, By End User

• Financial Institutions
• Government
• Defense
• Transport and Logistics
• Energy and Power
• Commercial Sector
• Others