South Korea Data Center Colocation Market - Supply & Demand Analysis 2025-2030

SOUTH KOREA DATA CENTER COLOCATION DEMAND AND SUPPLY HIGHLIGHTS

The South Korea data center colocation market size was valued at USD 1.15 billion in 2024 and is expected to reach USD 3.18 billion by 2030, growing at a CAGR of 18.51% during the forecast period. In 2025, the South Korean data center industry is expected to occupy a total utilized area of around 3,758.3 thousand sq. ft., displaying an increase of around 14.7% compared to the previous year. New entrants, such as Empyrion Digital, DCI Data Centers, OneAsia Network, Epoch Digital, and STACK Infrastructure, will contribute to significant area additions in the South Korea data center colocation market in the coming years.

In East Asia, the South Korea data center colocation market is one of the major colocation data center hubs, which consists of 54 operational colocation data center facilities. Seoul is the leading location for the development of data centers. It hosts around 31 data center facilities. Digital Edge DC, LG CNS, LG Uplus, KT Cloud, and SK Broadband are some major colocation providers in South Korea.

South Korea’s AI expansion is being coupled with sovereign cloud and regulatory-aligned digital infrastructure plans. For instance, in May 2025, SK Telecom launched the Haein Cluster, one of South Korea’s largest domestic GPU-as-a-Service platforms, utilizing over 1,000 NVIDIA Blackwell GPUs. This infrastructure supports sovereign AI computing capabilities. Its in-house virtualisation (Petasus AI Cloud) and AI lifecycle management (AI Cloud Manager) tools ensure national control and scalability.

The country's digital economy is supported by strong connectivity, a tech-savvy population, and the presence of advanced semiconductor and ICT industries. In addition, the growing demand for secure and compliant cloud solutions has led to the implementation of regulatory frameworks that balance innovation with risk management. Local providers are benefitting from policies favoring domestic technology adoption, particularly in public sector projects. In February 2025, SkyLab partnered with South Korea’s Esnet Systems to launch XR Cloud, a GPU-as-a-Service platform powered by Nvidia H100 and H200 GPUs. The service will be hosted across Esnet and SkyLab’s GPU infrastructure, supporting AI innovation with a focus on local data sovereignty.

Furthermore, LG Uplus led the South Korea data center colocation market with a 22.3% share in terms of revenue in 2024 on the back of its carrier-grade network, dense interconnection in the Seoul metro, and campus-scale builds that attract large enterprise tenants.

WHAT'S INCLUDED?

1. Transparent research methodology and insights on the industry's colocation of demand and supply.
2. The market size is available in terms of utilized white floor area, IT power capacity, and racks.
3. The market size available in terms of Core & Shell Vs Installed Vs Utilized IT Power Capacity, along with the occupancy %.
4. An assessment and snapshot of the colocation investment in South Korea.
5. The study of the existing South Korea data center industry landscape and insightful predictions about industry size during the forecast period.
6. An analysis of the current and future colocation demand in South Korea by several industries.
7. Study on the sustainability status in the country
8. Analysis of current and future cloud operations in the country.
9. Snapshot of upcoming submarine cables and existing cloud-on-ramps services in the country.
10. Snapshot of existing and upcoming third-party data center facilities in South Korea
11. Facilities Covered (Existing): 54
12. Facilities Identified (Upcoming): 22
13. Coverage: 10+ Cities
14. Existing vs. Upcoming (White Floor Area)
15. Existing vs. Upcoming (IT Load Capacity)
16. Data Center Colocation Market in South Korea
17. Colocation Market Revenue & Forecast (2024-2030)
18. Retail Colocation Revenue (2024-2030)
19. Wholesale Colocation Revenue (2024-2030)
20. Retail Colocation Pricing along with Add-ons
21. Wholesale Colocation Pricing along with the pricing trends.
22. An analysis of the latest trends, potential opportunities, growth restraints, and prospects for the South Korea data center colocation market.
23. Competitive landscape, including industry share analysis by the colocation operators based on IT power capacity and revenue.
24. The vendor landscape of each existing and upcoming colocation operator is based on the existing/ upcoming count of data centers, white floor area, IT power capacity, and data center location.

TARGET AUDIENCE

1. Real Estate Investment Trusts
2. Construction Contractors
3. Infrastructure Providers
4. New Entrants
5. Consultants/Consultancies/Advisory Firms
6. Corporate & Government Agencies