The purpose of this study is to assess the current status of technology development and evaluate future potential by analyzing patent trends in Korea’s fisheries sector. To this end, we examined patent application and registration trends over a 20-year period (2002-2021) within the fisheries domain across the Intellectual Property 5 (IP5) countries (Korea, China, Japan, the United States, and Europe), using data from the Korean Multifunctional Patent Search System (KOMPASS). Based on this analysis, we discussed the strategic direction and marketability of technology development in Korea. Patent applications and registrations in Korea’s fisheries sector have steadily increased over the past 20 years, placing Korea the second among the IP5 countries. Analysis of priority examination data indicates a continuous rise in new technology development, particularly in the aquaculture and seafood. However, multiple-International Patent Classification (IPC) applications are heavily concentrated among a small number of institutions, highlighting the need to broaden the applicant base to encourage more widespread technological innovation. Korea’s fisheries technology sector is currently in the growth stage with sustained development expected in aquaculture and seafood-related technologies. Although Korea entered the IP5 landscape relatively late, it possesses strong competitiveness and considerable development potential positioning it to assume a leading role in the global technology market.