There are 1 Companies in South Korea
that provide IoT Development Services!

South Korea has the potential to give Silicon Valley and China a run for its money. The country has ranked as the most innovative economy by Bloomberg, dominating international charts in R&D intensity, value-added manufacturing, and patent activity.

Discover Top IT Companies in South Korea specialized in IoT Development and various programming languages like Java, C, C++, Python and more.

IoT Development is the process of creating and deploying Internet of Things (IoT) devices and applications. Everything is done using sensors that are built into every physical device. These sensors continually emit data about the working state of devices and send it to the IoT platform, further analytics is performed on the data and valuable information is extracted as per requirement. The output is shared with other devices for a better user experience.

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Explore Top IoT Development Companies in South Korea

We found 1 company. Last updated in: March, 2024

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The ICT Industry in South Korea: Data & Insights

South Korea has the potential to give Silicon Valley and China a run for its money. The country has ranked as the most innovative economy by Bloomberg, dominating international charts in R&D intensity, value-added manufacturing, and patent activity.

It’s a melting pot of innovation. Think about it: which other country is competing for head-on with Apple in the high-end smartphone race? The East Asian nation is also home to the fastest internet on earth and broadband services per capita is the highest in the globe.

In addition to all, The world is seeing its fourth industrial revolution, spearheaded by digitization, artificial intelligence, robotics, increased connectivity, and autonomous vehicles. Korea could have a huge part to play.

Smartphone and appliance companies in the country have begun adopting artificial intelligence. Samsung’s smartphones are some of the best examples of AI-based voice recognition technology.

Korea is also a leader in digital banking. The first digital-only bank in Korea, K Bank, kicked off recently. One of its backers includes Alipay. 

The government has also approved the launch of Kakao Bank, created by Korea’s predominant messaging service, KakaoTalk. Users would be able to perform transactions with friends directly without the hassles of typing bank account numbers.

Why you should work with Korean IT companies

Considered one of the most revolutionary IT markets in the world, South Korea focuses on innovative IT companies with high potential to bring something new in terms of software and technology. In these regards, what it is most possible to find in Korea is only innovative IT and software companies that perform according to the best practices and implement the latest technologies into their web and app projects. 

Also, when working with Korean IT companies the linguistic and cultural barriers are less visible than… let’s say 5 years ago. Skilled professionals have already learned and adapted to western business models, and most of them work in this environment having a proven experience in this direction. 

What you should be aware of when working with Korean IT companies

What you should expect from Korean IT companies, is to get a quote for a web project that is relatively expensive compared to the European market. As of October 2020, the average salary in the Korean IT industry reaches 37K Korean won/ year, or 33K USD. In countries like Spain, Portugal, Ireland, you may find companies that provide the same services for lower rates, and respectively web developers in that country receive between 22K-29K USD/ year. 

Does the investment worth it? It’s up to each client to decide since working with an IT company from one or another country depends on the geographical location, the market to which the product is designed, the project’s goal, and many other reasons. 

How reliable are Korean IT companies

In terms of reliability, Korean IT companies are considered among the most trustworthy in the entire world. This is related to factors such as innovation progress, technological leadership, ease of doing business in the country, facilities for digital agencies, and skilled professionals working in the tech and IT industry, and also due to business culture, tradition and environment. 

How well does the Korean IT sector relate to the neighboring countries?

In the geographical proximity, the Korean IT sector competes with Japanese and Chinese ones. Both countries are already regional tech hubs, but also Korea. Known as one of the four Asian Tiger, South Korea seeks to become a competitive market and a better alternative to Japan and China, but also to Hong Kong, Singapore, and Taiwan. 

The latest trends reveal that it has all the chances, but, trends do change, and so does the leadership.

What is IoT Development and what are its benefits for your projects?

IoT (Internet of Things) is a giant network with connected devices. These devices collect and share data about how they are used and the environment in which they are operated. 

IoT Development is the process of creating and deploying Internet of Things (IoT) devices and applications. Everything is done using sensors that are built into every physical device. These sensors continually emit data about the working state of devices and send it to the IoT platform, further analytics is performed on the data and valuable information is extracted as per requirement. The output is shared with other devices for a better user experience.

IoT Development has gained immense popularity in recent years, as the number of connected devices continues to grow at a rate of 25% year-over-year. By 2025, it is estimated that there will be over 30.9 billion IoT-connected devices worldwide.

Most IoT devices have the word smart at the start of their names: smartphones, smart watches, smart DVS, and smart homes. All these smart technologies are one of the essential criteria on which smart cities rely. 

As we see Internet of Things (IoT) development plays an important role:

  • Improve operations by collecting and analyzing data from IoT devices.

  • Increase efficiency by automating tasks and processes.

  • Reduce costs by optimizing their operations.

  • Create new revenue streams by offering new IoT-based products and services.

When choosing an IoT Development service provider for a project, we suggest you consider the following criteria:

  • Look for a company with experience and expertise in IoT development, and a skilled team of IoT specialists.
  • Check for reviews and feedback from previous clients.
  • Make sure the company understands your needs.
  • Ensure the company prioritizes data security
  • Consider the level of post-development support

Custom IoT development can be a complex and challenging process, but TechBehemoths is a valuable resource for finding the best IoT Development companies for your projects with over 1228 companies in 85+ countries. The platform provides detailed company profiles, client reviews, and ratings to help you evaluate and compare different service providers and choose the one that meets your needs.

We’ve created also a powerful filter that you can use to narrow down the results based on your requirements and shortlist the companies. 

Alternatively, you can submit your project and our team will select and send you the best matching companies in about 1 hour.