The reigning (2012) Olympic champion is South Korea (Gu Bon-gil, Won Woo-young, Kim Jung-hwan, and Oh Eun-seok).
South Korea has also won the last three World Championships in the event, with the 2019 (reigning) team consisting of Gu, Kim Jun-ho, Oh Sang-uk and Ha Han-sol.
A preview from Olympics.com identified Hungary as a historically strong nation in the event looking to continue its success, led by 2012 and 2016 individual gold medalist Áron Szilágyi.
The top 4 spots, regardless of geographic zone, qualify (South Korea, Hungary, Italy, and Germany).
These places went to Iran (Asia/Oceania), the United States (Americas), Egypt (Africa), and ROC (Europe).