Analysis of IoT Usage in Korean Key Manufacturing Industries

Gyusun Hwang, Juhyung Park, Jeongcheol Lee, Jinwoo Park, Tai-Woo Chang, Joongyeon Won


Internet of Things (IoT) has been established in various industries and IoT technology is highlighted as a new value creation technology. Especially, Korean government has launched Manufacturing Innovation 3.0 Strategy for developing Smart Factory concept to improve national and corporate’s competitiveness. This study tries to present new industry classification scheme considering 10 national key manufacturing industries. Based on the new scheme, 10 national main forces industries are categorized into 6 segments. We have conducted SWOT analysis to comprehend Korean IoT environment. Based on the analysis, we have positioned 6 segments at the strategic decision-making grid to analyze industries’ IoT practical usage.

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