
South Korea Data Center Market Research Report Includes Size in Terms of
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022–2027.
Report Attribute | Details |
---|---|
Market Size (2027) | USD 5.8 Billion |
Market Size (2021) | USD 3.9 Billion |
CAGR (2022-2027) | 6.71% |
MARKET SIZE (AREA) | 348 thousand Sq. Feet (2027) |
MARKET SIZE (POWER CAPACITY) | 80 MW (2027) |
COLOCATION MARKET SIZE (REVENUE) | USD 1,000 Million (2027) |
BASE YEAR | 2021 |
FORECAST YEAR | 2022-2027 |
South Korea data center market was valued at USD 3.9 billion in 2021 and is expected to reach USD 5.8 billion by 2027, growing at a CAGR of 6.71% from 2022 to 2027. The South Korea data center market is expanding rapidly due to increased data center investments, technology penetration, connectivity, and government initiatives. Strong economic factors, the government's support for foreign investments, availability of renewable energy sources such as solar and wind energy, and personal data protection policy are also among the factors driving the demand for data centers in the country.
This report analyses the South Korea data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses industry sizing and investment estimation for different segments. The segmentation includes:
Frequently Asked Questions
How much is the investment in the South Korea data center market expected to grow?
The South Korea data center market is expected to witness a year-over-year investment of $5.8 Billion by 2027.
How many data centers have been identified in South Korea?
There are 34 existing data centers and 13 upcoming data centers identified in South Korea.
What are the driving factors for the South Korea data center market?
The South Korea market is driven by factors such as growth in investments from cloud service providers, big data & IoT adoption, joint ventures for data center construction, sustainable initiatives, COVID-19, and subsea & inland connectivity growth.
What are the key trends in the South Korea data center market?
Key industry trends include using artificial intelligence, 5G deployment & smart cities, and government initiatives.
Who are key investors in the South Korea data center market in 2022?
Key investors in the South Korea market are LG Uplus, Digital Realty, SK Broadband, KT Corp, Equinix, and others.
South Korean government has targeted increasing the share of renewable energy to around 20% by 2030 and around 30-35% of the total energy mix by 2040. The presence of global cloud service providers is growing in the country, which is expected to boost wholesale colocation demand. The colocation industry in South Korea is growing with demand from industries such as cloud, healthcare, telecom, BFSI, gaming, and others.
Base Year: 2021
Forecast Year: 2022-2027
The report considers the present scenario of the South Korea data center market and its market dynamics for the forecast period 2022−2027. It covers a detailed overview of several market growth enablers, restraints, and trends. The study includes the demand and supply aspects of the market.
The report segments data center investment by the following areas:
Segmentation by Infrastructure Type
Segmentation by IT Infrastructure
Segmentation by Electrical Infrastructure
Segmentation by Mechanical Infrastructure
Segmentation by General Construction
Segmentation by Tier Segments
Segmentation by Geography
IT Infrastructure Providers
Data Center Construction Contractors & Sub-Contractors
Support Infrastructure Providers
Data Center Investors
Chapter 1 Existing & Upcoming Third-Party Data Centers In South Korea
Chapter 2 Investment Opportunities In South Korea
Chapter 3 Data Center Colocation Market In South Korea
Chapter 4 Market Dynamics
Chapter 5 Market Segmentation
Chapter 6 Tier Standard Investment
Chapter 7 Market by Geography
Chapter 8 Key Market Participants
Chapter 9 Appendix
LIST OF EXHIBITS
Exhibit 1 Third-Party Data Centers Snapshot
Exhibit 2 Third-Party Data Center Snapshot by Cities
Exhibit 3 Data Center Market Size & Forecast by Investment ($ Billion)
Exhibit 4 Data Center Market Size & Forecast by Area 2021−2027 (Million Square Feet)
Exhibit 5 Market Size & Forecast by Power Capacity 2021−2027 (MW)
Exhibit 6 Data Center Colocation Service Revenue: Market Size & Forecast by 2021−2027 ($ Billion)
Exhibit 7 Retail vs. Wholesale Colocation Revenue: Market Size & Forecast by 2021−2027 ($ Billion)
Exhibit 8 Retail & Wholesale Colocation Pricing 2021
Exhibit 9 Market by Industry (% Share)
Exhibit 10 Market Size & Forecast by IT Infrastructure 2021−2027 ($ Million)
Exhibit 11 Market Size & Forecast by Electrical Infrastructure 2021−2027 ($ Million)
Exhibit 12 Market Size & Forecast by Mechanical Infrastructure 2021−2027 ($ Million)
Exhibit 13 Market Size & Forecast by Cooling Systems 2021−2027 ($ Million)
Exhibit 14 Market Size & Forecast by General Construction 2021−2027 ($ Million)
Exhibit 15 Market Size & Forecast by Tier Standards 2021−2027 ($ Million)
Exhibit 16 Market Size & Forecast in Seoul by Investment ($ Million)
Exhibit 17 Market Size & Forecast in Seoul by Area 2021−2027 (Thousand Square Feet)
Exhibit 18 Market Size & Forecast in Seoul by Power Capacity 2021−2027 (MW)
Exhibit 19 Market Size & Forecast in Other Cities by Investment ($ Million)
Exhibit 20 Market Size & Forecast in Other Cities by Area 2021−2027 (Thousand Square Feet)
Exhibit 21 Market Size & Forecast in Other Cities by Power Capacity 2021−2027 (MW)
LIST OF TABLES
Table 1 List of Upcoming Data Center Projects
Table 2 Data Center Site Selection Criteria
Table 3 Overall Market Size & Forecast 2021−2027
Table 4 Market Size & Forecast by Infrastructure 2021−2027 ($ Million)
Table 5 Market Size & Forecast by IT Infrastructure 2021−2027 ($ Million)
Table 6 Market Size & Forecast by Electrical Infrastructure 2021−2027 ($ Million)
Table 7 Market Size & Forecast by Mechanical Infrastructure 2021−2027 ($ Million)
Table 8 Market Size & Forecast by Cooling Systems 2021−2027 ($ Million)
Table 9 Market Size & Forecast by General Construction 2021−2027 ($ Million)
Table 10 Investment Market Size & Forecast by Tier Standards 2021−2027 ($ Million)
Table 11 Investment Market Size & Forecast by Seoul 2021−2027 ($ Million)
Table 12 Investment Market Size & Forecast by Other Cities 2021−2027 ($ Million)
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