IMARC Group has recently released a new research study titled “South Korea Facial Recognition Market Size, Share, Trends and Forecast by Component, Technology, Application, End Use Industry, and Region, 2025-2033”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

South Korea Facial Recognition Market Overview

The South Korea facial recognition market size reached USD 161.5 Million in 2024 and is projected to reach USD 802.6 Million by 2033, growing at a CAGR of 17.39% during 2025-2033. This growth is driven by the broad adoption of facial recognition technologies in sectors like security, retail, and banking, alongside advancements in AI and machine learning improving accuracy and system efficiency. As applications expand across public and private domains, innovation and integration remain crucial to stay competitive in this evolving market.

Study Assumption Years

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

South Korea Facial Recognition Market Key Takeaways

• Current Market Size: USD 161.5 Million (2024)
• CAGR: 17.39% (2025-2033)
• Forecast Period: 2025-2033
• Seoul Metro enhanced its security by deploying over 20,000 AI-enabled surveillance cameras across 276 stations, protecting nearly 7 million passengers daily.
• Facial recognition payment services like Toss’s FacePay are being piloted in convenience stores with 99.99% authentication accuracy and sub-second response time.
• Government initiatives, including the National Artificial Intelligence Committee and smart city integration, foster technology deployment in public infrastructure.
• Incheon International Airport uses facial recognition for automated boarding and immigration to improve passenger flow and security.
• Investments in AI semiconductors and edge computing hardware strengthen South Korea’s biometric technology ecosystem.

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Market Growth Factors

The South Korea facial recognition market is propelled by significant advancements in AI and machine learning technologies, which continuously improve system accuracy and efficiency. These enhancements facilitate widespread adoption across diverse sectors like security, retail, and banking, enabling faster, more reliable identity authentication which in turn fuels market expansion. The growing demand to integrate biometric verification into public and private domains demonstrates the market’s reliance on cutting-edge technological innovation.

Public transport infrastructure upgrades notably contribute to market growth. Seoul Metro’s deployment of over 20,000 AI-enabled cameras integrated with 3D mapping and IoT sensors exemplifies this trend. Serving nearly 7 million passengers daily at 276 stations, this system enables real-time monitoring and rapid incident response, boosting safety and operational efficiency. These smart surveillance implementations not only heighten urban transit security but also accelerate the adoption of biometric solutions, emphasizing government-led innovation.

Retail and financial sectors also drive market expansion through the adoption of facial recognition payment systems. The launch of FacePay by Toss allows users to complete transactions by scanning their face with 99.99% accuracy and under one second’s response time. Piloted by major convenience store chains like CU, GS25, and 7‑Eleven, the increased consumer acceptance of biometric payments highlights a shift towards contactless, hygienic, and accelerated transactions. Such deployments promote the creation of seamless biometric ecosystems further supported by evolving regulatory frameworks.

Market Segmentation

Component Insights:

• Software
• Services

Technology Insights:

• 2D Facial Recognition
• 3D Facial Recognition
• Facial Analytics

Application Insights:

• Emotion Recognition
• Attendance Tracking and Monitoring
• Access Control
• Security and Surveillance
• Others

End Use Industry Insights:

• Retail and E-commerce
• BFSI
• Government and Defense
• Automotive and Transportation
• Media and Entertainment
• Healthcare
• Telecom and IT
• Others

Regional Insights:

• Seoul Capital Area
• Yeongnam (Southeastern Region)
• Honam (Southwestern Region)
• Hoseo (Central Region)
• Others

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Regional Insights

The Seoul Capital Area is identified as the dominant region in the South Korea facial recognition market. While specific market share percentages and CAGR by region are not provided, this concentration is supported by urban infrastructure investments like Seoul Metro’s large-scale biometric surveillance system protecting millions daily. This urban-centric deployment exemplifies strong regional demand, instrumental in driving the country’s overall market growth.

Recent Developments & News

In May 2025, Meta received approval from South Korea’s Personal Information Protection Commission (PIPC) to operate a facial recognition service aimed at preventing celebrity impersonation in advertisements and social media. The platform allows authorized public figures to register facial data to block mimicking ads or accounts, including deepfakes. Data processing includes deletion after comparison, oversight by humans, and user objection options, reflecting compliance with privacy regulations.

In February 2025, Toss, a fintech pioneer in South Korea, launched FacePay, enabling facial recognition payments via its app at convenience stores such as CU, GS25, and 7‑Eleven. This system emphasizes enhanced security and convenience, supporting the nation’s transition to digital identity and contactless verification, marking a major milestone in biometric technology adoption.

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