South Korea Data Centre Market

Data Center Infrastructure Market By Type of Infrastructure (IT Infrastructure, Electrical Infrastructure, Mechanical Infrastructure, Others); By Service Type (Colocation Services, Managed Hosting Services, Cloud Services, Others); By End User (BFSI, IT & Telecom, Media & Entertainment, E-Commerce, Government & Healthcare, Others); By Tier Level of Infrastructure (Tier 1, Tier 2, Tier 3, Tier 4); By Size (Small, Mid-Sized, Large) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Price: $2699

Published: | Report ID: 92997 | Report Format : Excel, PDF
REPORT ATTRIBUTE DETAILS
Historical Period 2020-2023
Base Year 2024
Forecast Period 2025-2032
South Korea Data Centre Market Size 2024 USD 9,664.57 million
South Korea Data Centre Market, CAGR 7.06%
South Korea Data Centre Market Size 2032 USD 16,674.08 million

Market Overview

The South Korea Data Centre Market is projected to grow from USD 9,664.57 million in 2024 to an estimated USD 16,674.08 million based on 2032, with a compound annual growth rate (CAGR) 7.06% from 2025 to 2032. This growth reflects the country’s rising dependence on cloud computing, artificial intelligence (AI), and big data analytics.

Key drivers propelling the South Korea data centre market include rapid digital transformation across industries, the growing adoption of cloud-based services, and the integration of 5G technology. Additionally, the government’s focus on smart city initiatives and cybersecurity advancements is encouraging data infrastructure development. Trends such as edge computing, green data centres, and increased deployment of hyperscale facilities are shaping the competitive landscape. These developments are enabling businesses to achieve low-latency operations and energy efficiency while meeting rising data traffic demands.

Geographically, Seoul remains the dominant hub due to its dense commercial infrastructure and technological ecosystem, while surrounding regions like Gyeonggi and Incheon are emerging as secondary hotspots due to available land and power capacity. Leading players in the market include LG Uplus Corp., SK Broadband, KT Corp., Equinix Inc., and Digital Realty. These firms are actively enhancing their facilities to support advanced workloads and regulatory compliance in a rapidly evolving digital environment.

Design Element 2

Access crucial information at unmatched prices!

Request your sample report today & start making informed decisions powered by Credence Research!

Download Sample

CTA Design Element 3

Market Insights

  • The South Korea Data Centre Market is projected to grow from USD9,664.57 million in 2024 to USD16,674.08 million by 2032, with a CAGR of 7.06% from 2025 to 2032, driven by digital transformation and increasing data demands.
  • Key drivers include the rising adoption of cloud computing, the integration of 5G technology, rapid digitalization across industries, and government support for smart city initiatives and enhanced cybersecurity infrastructure.
  • Cloud services are central to the market’s growth, as businesses increasingly migrate to cloud environments to optimize costs, scalability, and performance for critical data storage and processing.
  • Edge computing is expanding rapidly to meet the low-latency requirements of IoT, 5G, and real-time applications, leading to greater investments in distributed data centre infrastructure across South Korea.
  • There is a growing emphasis on green data centres powered by renewable energy, driven by both government policies and market demand for sustainable, energy-efficient infrastructure.
  • Seoul remains the primary data centre hub, while Gyeonggi and Incheon are emerging as secondary markets due to lower costs and increased infrastructure development to support growing demand.
  • Challenges include limited land availability and power constraints in urban areas, as well as complex regulatory compliance and high operational costs, which may hinder the scalability of new data centre projects.

Report Scope

This report segments the South Korea Data Centre Market as follows:

South Korea Data Centre Market

Market Drivers

Rapid Digital Transformation and Cloud Adoption 

The South Korea data centre market is significantly driven by the rapid pace of digital transformation across both public and private sectors. Enterprises are increasingly adopting cloud computing models to support scalable operations, reduce IT infrastructure costs, and enhance system agility. Cloud service providers, including global leaders like Amazon Web Services, Microsoft Azure, and Google Cloud, are expanding their regional footprint in South Korea due to rising demand. The shift to hybrid and multi-cloud environments, particularly in finance, healthcare, retail, and manufacturing industries, has led to a surge in demand for high-performance, secure, and scalable data centre infrastructure. Moreover, digitalization of government services under initiatives like “Digital New Deal” has further spurred the construction of new data centres to accommodate the growing volume of public sector data. For instance, South Korea had 50.4 million internet users in early 2025, with an online penetration rate of 97.4%. This structural shift toward cloud and data-intensive technologies ensures a continuous pipeline of investment into hyperscale and colocation data centres.

Strong Government Support and Regulatory Initiatives 

Government-led initiatives and favorable regulatory frameworks play a crucial role in driving the growth of the South Korea data centre market. The South Korean government is actively promoting digital infrastructure as a strategic asset through its “K-Digital Strategy,” which emphasizes AI development, 5G commercialization, and national data sovereignty. These efforts aim to reinforce the country’s status as a digital powerhouse and data hub in the Asia Pacific region. The government also offers tax benefits and infrastructure support for companies investing in energy-efficient and green data centres. Additionally, data protection laws such as the Personal Information Protection Act (PIPA) and guidelines on data localisation are pushing businesses to establish or co-locate their servers within South Korea, thereby contributing to rising demand for in-country data centre facilities. For instance, South Korea had 69.2 million cellular mobile connections in early 2025, equivalent to 134% of the total population. These policy measures ensure that data security and compliance remain central to market expansion.

Deployment of 5G and Edge Computing Technologies

The commercial rollout of 5G technology in South Korea has substantially impacted the data centre landscape. With one of the world’s fastest 5G adoption rates, the country is experiencing a surge in data generation from mobile devices, IoT applications, autonomous vehicles, and smart city deployments. This data-intensive environment requires low-latency infrastructure capable of processing information in near real-time, prompting the need for edge data centres across urban and semi-urban regions. Edge computing solutions reduce network congestion and enhance responsiveness for critical applications, including telemedicine, remote learning, and industrial automation. As telcos and infrastructure providers expand 5G networks, there is parallel investment in regional data centres to support localized computing needs. This integration of 5G with edge and core data centres is expected to redefine workload management and enable real-time service delivery across sectors.

Focus on Green Data Centres and Sustainability

Environmental sustainability has emerged as a key growth driver in the South Korea data centre market. As global climate change pressures intensify, businesses and governments are prioritizing the development of eco-friendly infrastructure. Energy-efficient data centres that utilize renewable energy sources, advanced cooling systems, and AI-based energy management solutions are gaining traction. South Korea’s commitment to carbon neutrality by 2050, combined with growing stakeholder emphasis on ESG (Environmental, Social, Governance) compliance, is encouraging investments in green data centre projects. Moreover, leading data centre operators are partnering with utility providers and technology vendors to develop sustainable power supply chains, such as leveraging solar and wind energy. Innovations in immersion cooling and waste heat recovery are also being explored to reduce energy consumption. These green initiatives not only align with global best practices but also attract international clients seeking environmentally responsible data storage solutions. As sustainability becomes a key procurement criterion, green data centres are poised to become mainstream in South Korea’s digital infrastructure landscape.

Market Trends

Expansion of Hyperscale Data Centres 

One of the most prominent trends in the South Korea data centre market is the rapid expansion of hyperscale facilities. As demand for cloud services, big data analytics, and high-performance computing accelerates, both global and domestic providers are investing heavily in hyperscale infrastructures. Major players such as Google, AWS, Microsoft, and Naver Cloud are either expanding their existing campuses or developing new hyperscale projects to meet growing workload requirements. For instance, South Korea’s data centre market saw significant investment in 2024, with hyperscale providers allocating billions of won toward infrastructure expansion. These facilities offer vast capacity, scalable resources, and operational efficiency, making them ideal for handling AI applications, streaming services, and enterprise-level cloud operations. Additionally, hyperscale data centres benefit from economies of scale and are designed to accommodate modular expansion, allowing service providers to adjust capacity in line with demand. The ongoing digital transformation of sectors like finance, education, and manufacturing continues to fuel this trend, reinforcing South Korea’s position as a strategic data hub in the Asia Pacific region.

Surge in Edge Data Centre Deployments 

Driven by the widespread rollout of 5G and IoT technologies, South Korea is witnessing an increase in edge data centre deployments. These smaller, decentralized facilities are strategically located closer to end-users and devices to minimize latency and support real-time data processing. For instance, telecommunications providers like SK Telecom and KT Corporation have invested heavily in edge computing nodes alongside their 5G infrastructure. Edge data centres are becoming essential to power applications such as autonomous vehicles, remote healthcare, AR/VR platforms, and smart factory operations. Moreover, edge centres enable efficient bandwidth utilization by processing data locally, reducing reliance on central data facilities. This trend is particularly relevant in urban environments such as Seoul and Busan, where data consumption and connected device density are extremely high. As real-time data processing becomes critical for user experience and operational efficiency, edge data centres are set to play an increasingly central role in the country’s IT ecosystem

Increased Investment in Renewable Energy and Sustainable Practices

Sustainability is emerging as a core focus area in the South Korea data centre market, prompting a rise in green data centre development. Data centre operators are aligning their infrastructure with global ESG goals and South Korea’s national carbon neutrality commitment for 2050. Companies are investing in renewable energy sources, such as solar and wind, to power their facilities, and exploring innovative cooling techniques like liquid immersion and free-air cooling to minimize energy usage. Partnerships between tech firms and utility companies are being established to ensure access to clean energy grids and optimize power procurement. Additionally, operators are incorporating AI-driven energy management systems to monitor and reduce power consumption across server farms. This green shift not only addresses environmental concerns but also improves brand reputation and attracts clients seeking sustainable IT solutions. As regulatory bodies place more emphasis on emissions standards, the trend toward energy-efficient, low-carbon data centres will continue to reshape infrastructure development in South Korea.

Integration of Artificial Intelligence and Automation

Artificial Intelligence (AI) and automation technologies are becoming integral to the operation and management of modern data centres in South Korea. Operators are deploying AI-driven tools for predictive maintenance, intelligent workload distribution, and real-time monitoring of environmental conditions like temperature and humidity. These capabilities help reduce operational costs, prevent downtime, and improve energy efficiency. Automation is also streamlining routine processes such as server provisioning, network optimization, and security management. The integration of robotic process automation (RPA) and machine learning further enhances data centre agility by enabling dynamic resource allocation based on real-time usage patterns. As workloads become more complex with the proliferation of AI and machine learning applications themselves, data centres are evolving into intelligent ecosystems capable of self-optimization. This trend is especially critical for hyperscale and colocation centres managing diverse client needs and fluctuating traffic loads. By embracing AI and automation, South Korean data centres are setting benchmarks for operational excellence, scalability, and responsiveness in a digitally connected economy.

Market Challenges

Land and Power Constraints in Urban Hubs

One of the major challenges facing the South Korea data centre market is the scarcity of suitable land and reliable power supply in densely populated urban areas such as Seoul and its surrounding regions. As demand for large-scale data centre facilities increases, operators struggle to secure sufficient real estate that meets zoning, accessibility, and infrastructure requirements. High property costs and regulatory limitations further complicate the establishment of new data centres in metropolitan zones. According to industry reports, Korea Electric Power Corp. (KEPCO) now takes approximately 12 months to confirm power supply for new data centre projects, compared to 2-3 months previously. Additionally, the immense power consumption required for running and cooling modern data centres places a considerable strain on local grids. South Korea’s energy mix, which remains heavily reliant on fossil fuels and nuclear power, poses concerns regarding sustainable power availability and grid stability. In response, the Korean government passed three legislations in 2024 to stabilize the sector, including new operational requirements for large digital service providers and data centre operators. These limitations hinder the scalability of data centre operations, delay project timelines, and elevate operational costs. As the market matures, the need for collaborative urban planning, energy infrastructure upgrades, and regional data centre diversification becomes increasingly critical to support long-term growth.

Stringent Regulatory Compliance and Data Sovereignty Issues

The evolving regulatory landscape in South Korea, particularly concerning data protection and sovereignty, presents a complex challenge for both domestic and international data centre operators. Laws such as the Personal Information Protection Act (PIPA) impose strict compliance requirements for the collection, storage, and processing of personal data. Additionally, mandates regarding the physical localization of sensitive data restrict cross-border data flows, creating barriers for multinational cloud service providers and enterprises with global operations. Operators must invest heavily in regulatory expertise, data governance frameworks, and compliance systems to meet these legal obligations. Non-compliance can lead to significant penalties, reputational damage, and operational disruptions. Furthermore, the fast-changing nature of digital regulations necessitates continuous monitoring and adaptation, increasing the cost and complexity of doing business in the data centre sector. Balancing innovation and compliance remains a key challenge that could limit market agility and affect foreign investment.

Market Opportunities

Growth in Cloud Computing and AI Demand

The rapid adoption of cloud computing and the increasing demand for Artificial Intelligence (AI) applications present significant growth opportunities for the South Korea data centre market. As businesses across sectors such as finance, healthcare, and manufacturing shift towards cloud-first strategies, there is a heightened need for robust data storage, processing, and security solutions. Additionally, AI-driven applications, including machine learning, big data analytics, and deep learning, require scalable, high-performance computing infrastructure. Data centres that can offer the necessary resources to support these advanced technologies, such as high-density storage, low-latency processing, and secure environments, are in high demand. Cloud service providers, both global and local, are increasingly expanding their operations in South Korea to cater to this growing market, presenting opportunities for data centre operators to offer colocation, managed services, and tailored infrastructure solutions. This trend is expected to continue as businesses prioritize data-driven decision-making, further boosting the market for next-generation data centres.

Expansion of 5G and Edge Computing Infrastructure

The rollout of 5G technology in South Korea opens up significant opportunities for the data centre market, particularly in the area of edge computing. With 5G facilitating ultra-low latency and high-speed data transmission, there is a pressing need for localized data processing closer to end-users. Edge data centres, which process data at the periphery of networks, enable faster response times and greater bandwidth efficiency, especially for IoT, autonomous vehicles, and smart city applications. Telecom operators and service providers are investing heavily in 5G infrastructure, creating demand for decentralized edge facilities. Data centre operators can capitalize on this trend by offering distributed, high-performance solutions that meet the latency and security requirements of emerging technologies, positioning themselves as key enablers of the next generation of digital services in Soth Korea.

Market Segmentation Analysis

By Type of Infrastructure

The South Korea data centre market is broadly segmented by the type of infrastructure, which plays a crucial role in defining the efficiency and functionality of a data centre. The IT infrastructure segment encompasses the hardware and software components that support data storage, processing, and management. This segment has experienced growth with the rising demand for high-performance computing and advanced technologies like AI, IoT, and big data analytics. The electrical infrastructure segment includes the power supply systems essential for the smooth operation of data centres. With the increasing focus on sustainability, operators are investing in renewable energy solutions to meet the growing power demands. The mechanical infrastructure segment includes cooling and ventilation systems, which are critical for ensuring optimal temperature control in data centres. Given the high power consumption of modern data centres, advanced cooling technologies like liquid cooling and free-air cooling are becoming increasingly prevalent. Finally, the “others” category includes ancillary infrastructure such as fire suppression systems, security systems, and backup generators, all of which are vital for the safe and continuous operation of data centres.

By Service Type

The South Korea data centre market is also segmented based on the types of services offered. Colocation services dominate the market, where businesses lease space in a shared data centre facility. These services are ideal for organizations seeking cost-effective data storage and management solutions without the high capital expenditure of building their own infrastructure. Managed hosting services are also popular, providing businesses with outsourced IT management and support for hosting applications and websites. The growing demand for cloud computing services has led to an expansion of cloud services, where data centres offer scalable, on-demand storage, computing, and network resources. The “others” segment includes additional services like disaster recovery, backup solutions, and data security services that are integral to a comprehensive data centre offering.

Segments

Based on Type of Infrastructure

  • IT Infrastructure
  • Electrical Infrastructure
  • Mechanical Infrastructure
  • Others

Based on Service Type

  • Colocation Services
  • Managed Hosting Services
  • Cloud Services
  • Others

Based on End User

  • BFSI
  • IT & Telecom
  • Media & Entertainment
  • E-Commerce
  • Government & Healthcare
  • Others

Based on Tier level of Infrastructure

  • Tier 1
  • Tier 2
  • Tier 3
  • Tier 4

Based on Size

  • Small
  • Mid-Sized
  • Large

Based on Region

  • Seoul
  • Incheon and Gyeonggi
  • Other regions (Busan, Daejeon, and Ulsan)

Regional Analysis

Seoul (60-65%)

As the capital and economic hub of South Korea, holds the dominant market share. It accounts for approximately 60-65% of the total data centre infrastructure in the country. Seoul’s position as the business and financial center, combined with its highly developed IT ecosystem and dense population, makes it an ideal location for the establishment of both hyperscale and colocation data centres. The city is home to major cloud service providers like Amazon Web Services (AWS), Microsoft, and Google, which have expanded their presence to cater to increasing demand for cloud services and digital transformation. Seoul’s strategic location and advanced infrastructure further solidify its lead, driving demand for data centre services across various industries such as BFSI, IT & telecom, and e-commerce.

Incheon and Gyeonggi Province (20-25%)

Incheon and Gyeonggi Province follow as the secondary regions in terms of market share, collectively contributing around 20-25% to the data centre market. Incheon’s proximity to Seoul and its international airport provides an attractive location for data centres that require strong connectivity and accessibility to global markets. Gyeonggi Province benefits from relatively lower land costs compared to Seoul, making it an appealing choice for large-scale data centre operations. Several multinational companies and local service providers are capitalizing on these regions to expand their data centre footprints, particularly with the growing need for edge computing and 5G infrastructure. As regional data hubs, Incheon and Gyeonggi are increasingly accommodating demand for both traditional data centre services and emerging technologies.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Key players

  • Kakao Corp
  • Korea Telecom (KT)
  • Equinix
  • Cisco Systems
  • IBM

Competitive Analysis

The South Korea data centre market is highly competitive, with key players like Kakao Corp, Korea Telecom (KT), Equinix, Cisco Systems, and IBM leading the charge. Kakao Corp leverages its strong presence in South Korea’s digital ecosystem, offering cloud and data services to support its messaging and gaming platforms. KT, one of the largest telecom providers in South Korea, offers extensive colocation and managed hosting services, backed by a robust infrastructure. Equinix stands out as a global leader in data centre services, providing interconnection and cloud services that cater to both local and international clients. Cisco Systems, with its cutting-edge networking solutions, plays a key role in enabling seamless connectivity for data centres. IBM’s expertise in enterprise IT infrastructure, cloud services, and AI-powered data solutions strengthens its position in the market, particularly with large enterprises looking for scalable and secure data solutions. These companies compete based on service offerings, scalability, and technological advancements in the rapidly growing South Korean data centre space.

Recent Developments

  • In December 2024, Kakao’s CEO, Shina Chung, visited the Ansan data centre on December 24 to ensure operational stability ahead of the year-end holidays, a peak period for KakaoTalk’s messaging traffic.
  • In September 2024, KT Cloud announced plans to establish an AI data centre demonstration centre in Seoul to showcase its capabilities in artificial intelligence and cloud services. The centre is set to launch in November 2025 at KT’s Mok-dong DC 2 Center in the Yangcheon District of Seoul.
  • In Q1 2024, Equinix launched its new IBX data centre in Seoul, located within the SL2x hyperscale facility in Goyang-si, Gyeonggi-do. The centre offers 475 cabinets of capacity and is part of Equinix’s xScale platform.
  • In November 2024, Cisco released its 2024 AI Readiness Index for South Korea, highlighting the country’s preparedness for AI adoption and identifying areas for improvement in infrastructure and talent.
  • In November 2024, IBM and Yonsei University deployed the first IBM Quantum System One in South Korea at the university’s new Quantum Computing Center, marking a significant milestone in the country’s quantum computing capabilities.

Market Concentration and Characteristics 

The South Korea data centre market exhibits moderate to high concentration, with a few key players dominating the industry. Major companies such as Kakao Corp, Korea Telecom (KT), Equinix, Cisco Systems, and IBM hold significant market shares, offering a range of services including colocation, cloud computing, managed hosting, and interconnection solutions. The market is characterized by rapid growth driven by increasing demand for cloud services, edge computing, and AI-driven infrastructure. Despite the dominance of a few large players, there is room for regional and niche providers to capture market share, particularly in response to the growing need for localized data processing in areas like Incheon, Gyeonggi, and beyond. Additionally, there is a strong emphasis on sustainability, with many operators investing in energy-efficient solutions and renewable energy sources to meet the country’s environmental goals. This competitive and rapidly evolving market environment fosters innovation and continued investment in advanced technologies

Report Coverage

The research report offers an in-depth analysis based on Type of Infrastructure, Service Type, End User, Tier level of Infrastructure, Size and Region. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

  1. As businesses in South Korea increasingly migrate to the cloud, the demand for data centres offering scalable, on-demand resources will continue to rise. Cloud service providers will expand their footprints, further solidifying the market’s growth.
  1. With the growing reliance on real-time data processing, edge data centres will play a pivotal role in supporting IoT and 5G technologies. This trend will lead to a decentralization of data processing, boosting the demand for regional data centres.
  1. The expansion of hyperscale data centres will be a dominant trend, driven by the need for high-performance computing and storage solutions. Larger providers will scale up infrastructure to accommodate increasing cloud and AI workloads.
  1. The ongoing rollout of 5G networks will drive the need for more data centre facilities to handle increased data traffic. Data centres will be critical to support the low latency requirements of 5G applications.
  1. Environmental sustainability will continue to be a priority, with data centre operators focusing on energy-efficient technologies and renewable energy sources to reduce their carbon footprint. Green data centres will become the industry standard.
  1. The South Korean government’s support for digital infrastructure, coupled with stringent data protection laws, will shape the market landscape. Operators will need to comply with evolving regulations related to data security and sovereignty.
  1. As South Korea remains a strategic data hub in Asia, international data centre providers will increase investments to meet the growing demand for data services in the region. This trend will encourage more competition and innovation.
  1. Data centres will increasingly adopt AI-driven solutions for predictive maintenance, workload optimization, and energy management. Automation will play a critical role in improving operational efficiency and reducing costs.
  1. Blockchain technology adoption for secure and transparent transactions will necessitate more robust data centre infrastructure. Data centres will need to cater to decentralized applications and blockchain mining needs.
  1. As industries like healthcare, finance, and media continue to grow, specialized data centres tailored to specific industry requirements will emerge. These facilities will offer customized services such as enhanced security, compliance, and performance for verticals with unique needs.

CHAPTER NO. 1 : INTRODUCTION 18

1.1.1. Report Description 18

Purpose of the Report 18

USP & Key Offerings 18

1.1.2. Key Benefits for Stakeholders 18

1.1.3. Target Audience 19

1.1.4. Report Scope 19

CHAPTER NO. 2 : EXECUTIVE SUMMARY 20

2.1. South Korea Data Centre Market Snapshot 20

2.1.1. South Korea Data Centre Market, 2018 – 2032 (USD Million) 22

CHAPTER NO. 3 : SOUTH KOREA DATA CENTRE MARKET – INDUSTRY ANALYSIS 23

3.1. Introduction 23

3.2. Market Drivers 24

3.2.1. Rising Demand for Cloud Computing Services 24

3.2.2. Increasing Use of Advanced Technology 25

3.3. Market Restraints 26

3.3.1. Lack of Trained Labor 26

3.3.2. High Initial Investments 27

3.4. Market Opportunities 28

3.4.1. Market Opportunity Analysis 28

3.5. Porter’s Five Forces Analysis 29

CHAPTER NO. 4 : ANALYSIS COMPETITIVE LANDSCAPE 30

4.1. Company Market Share Analysis – 2023 30

4.1.1. South Korea Data Centre Market: Company Market Share, by Revenue, 2023 30

4.1.2. South Korea Data Centre Market: Top 3 Company Market Share, by Revenue, 2023 31

4.2. South Korea Data Centre Market Company Revenue Market Share, 2023 32

4.3. Company Assessment Metrics, 2023 33

4.1. Strategic Developments 33

4.2. Key Players Product Matrix 34

CHAPTER NO. 5 : PESTEL 35

5.1. PESTEL 35

5.1.1. Political Factors 35

5.1.2. Economic Factors 35

5.1.3. Social Factors 35

5.1.4. Technological Factors 35

5.1.5. Environmental Factors 35

5.1.6. Legal Factors 35

5.2. Adjacent Market Analysis 35

CHAPTER NO. 6 : SOUTH KOREA DATA CENTRE MARKET – BY TYPE OF INFRASTRUCTURE SEGMENT ANALYSIS 36

6.1. South Korea Data Centre Market Overview, by Type of Infrastructure Segment 36

6.1.1. South Korea Data Centre Market Revenue Share, By Type of Infrastructure, 2023 & 2032 37

6.1.2. South Korea Data Centre Market Attractiveness Analysis, By Type of Infrastructure 38

6.1.3. Incremental Revenue Growth Opportunity, by Type of Infrastructure, 2024 – 2032 38

6.1.4. South Korea Data Centre Market Revenue, By Type of Infrastructure, 2018, 2023, 2027 & 2032 39

6.2. IT Infrastructure 40

6.3. Electrical Infrastructure 41

6.4. Mechanical Infrastructure 42

6.5. Others 43

CHAPTER NO. 7 : SOUTH KOREA DATA CENTRE MARKET – BY SERVICE TYPE SEGMENT ANALYSIS 44

7.1. South Korea Data Centre Market Overview, by Service Type Segment 44

7.1.1. South Korea Data Centre Market Revenue Share, By Service Type, 2023 & 2032 45

7.1.2. South Korea Data Centre Market Attractiveness Analysis, By Service Type 46

7.1.3. Incremental Revenue Growth Opportunity, by Service Type, 2024 – 2032 46

7.1.4. South Korea Data Centre Market Revenue, By Service Type, 2018, 2023, 2027 & 2032 47

7.2. Colocation Services 48

7.3. Managed Hosting Services 49

7.4. Cloud Services 50

7.5. Others 51

CHAPTER NO. 8 : SOUTH KOREA DATA CENTRE MARKET – BY END-USER SEGMENT ANALYSIS 52

8.1. South Korea Data Centre Market Overview, by End-user Segment 52

8.1.1. South Korea Data Centre Market Revenue Share, By End-user, 2023 & 2032 53

8.1.2. South Korea Data Centre Market Attractiveness Analysis, By End-user 54

8.1.3. Incremental Revenue Growth Opportunity, by End-user, 2024 – 2032 54

8.1.4. South Korea Data Centre Market Revenue, By End-user, 2018, 2023, 2027 & 2032 55

8.2. BFSI 56

8.3. IT & Telecom 57

8.4. Media & Entertainment 58

8.5. E-Commerce 59

8.6. Government & Healthcare 60

8.7. Others 61

CHAPTER NO. 9 : SOUTH KOREA DATA CENTRE MARKET – BY TIER LEVEL OF INFRASTRUCTURE SEGMENT ANALYSIS 62

9.1. South Korea Data Centre Market Overview, by Tier Level of Infrastructure Segment 62

9.1.1. South Korea Data Centre Market Revenue Share, By Tier Level of Infrastructure, 2023 & 2032 63

9.1.2. South Korea Data Centre Market Attractiveness Analysis, By Tier Level of Infrastructure 64

9.1.3. Incremental Revenue Growth Opportunity, by Tier Level of Infrastructure, 2024 – 2032 64

9.1.4. South Korea Data Centre Market Revenue, By Tier Level of Infrastructure, 2018, 2023, 2027 & 2032 65

9.2. Tier 1 66

9.3. Tier 2 67

9.4. Tier 3 68

9.5. Tier 4 69

CHAPTER NO. 10 : SOUTH KOREA DATA CENTRE MARKET – BY SIZE SEGMENT ANALYSIS 70

10.1. South Korea Data Centre Market Overview, by Size Segment 70

10.1.1. South Korea Data Centre Market Revenue Share, By Size, 2023 & 2032 71

10.1.2. South Korea Data Centre Market Attractiveness Analysis, By Size 72

10.1.3. Incremental Revenue Growth Opportunity, by Size, 2024 – 2032 72

10.1.4. South Korea Data Centre Market Revenue, By Size, 2018, 2023, 2027 & 2032 73

10.2. Small 74

10.3. Mid-Sized 75

10.4. Large 76

CHAPTER NO. 11 : SOUTH KOREA DATA CENTER MARKET –ANALYSIS 77

11.1. Type of Infrastructure 77

11.1.1. South Korea Data Center Market Revenue, By Type of Infrastructure, 2018 – 2024 (USD Million) 77

11.1.2. South Korea Data Center Market Revenue, By Type of Infrastructure, 2025 – 2032 (USD Million) 77

11.2. Service Type 78

11.2.1. South Korea Data Center Market Revenue, By Service Type, 2018 – 2024 (USD Million) 78

11.2.2. South Korea Data Center Market Revenue, By Service Type, 2025 – 2032 (USD Million) 78

11.3. End-user 79

11.3.1. South Korea Data Center Market Revenue, By End-user, 2018 – 2024 (USD Million) 79

11.3.2. South Korea Data Center Market Revenue, By End-user, 2025 – 2032 (USD Million) 79

11.4. Tier 80

11.4.1. South Korea Data Center Market Revenue, By Tier, 2018 – 2024 (USD Million) 80

11.4.2. South Korea Data Center Market Revenue, By Tier, 2025 – 2032 (USD Million) 80

11.5. Size 81

11.5.1. South Korea Data Center Market Revenue, By Size, 2018 – 2024 (USD Million) 81

11.5.2. South Korea Data Center Market Revenue, By Size, 2025 – 2032 (USD Million) 81

CHAPTER NO. 12 : COMPANY PROFILES 82

12.1. Kakao Corp 82

12.1.1. Company Overview 82

12.1.2. Service Portfolio 83

12.1.3. Financial Overview 83

12.2. Korea Telecom KT 84

12.3. Equinix 84

12.4. Cisco Systems 84

12.5. IBM 84

12.6. Company 6 84

12.7. Company 7 84

12.8. Company 8 84

12.9. Company 9 84

12.10. Company 10 84

 

List of Figures

FIG NO. 1. South Korea Data Centre Market Revenue, 2018 – 2032 (USD Million) 22

FIG NO. 2. Porter’s Five Forces Analysis for South Korea Data Centre Market 29

FIG NO. 3. Company Share Analysis, 2023 30

FIG NO. 4. Company Share Analysis, 2023 31

FIG NO. 5. South Korea Data Centre Market – Company Revenue Market Share, 2023 32

FIG NO. 6. South Korea Data Centre Market Revenue Share, By Type of Infrastructure, 2023 & 2032 37

FIG NO. 7. Market Attractiveness Analysis, By Type of Infrastructure 38

FIG NO. 8. Incremental Revenue Growth Opportunity by Type of Infrastructure, 2024 – 2032 38

FIG NO. 9. South Korea Data Centre Market Revenue, By Type of Infrastructure, 2018, 2023, 2027 & 2032 39

FIG NO. 10. South Korea Data Centre Market for IT Infrastructure, Revenue (USD Million) 2018 – 2032 40

FIG NO. 11. South Korea Data Centre Market for Electrical Infrastructure, Revenue (USD Million) 2018 – 2032 41

FIG NO. 12. South Korea Data Centre Market for Mechanical Infrastructure, Revenue (USD Million) 2018 – 2032 42

FIG NO. 13. South Korea Data Centre Market for Others, Revenue (USD Million) 2018 – 2032 43

FIG NO. 14. South Korea Data Centre Market Revenue Share, By Service Type, 2023 & 2032 45

FIG NO. 15. Market Attractiveness Analysis, By Service Type 46

FIG NO. 16. Incremental Revenue Growth Opportunity by Service Type, 2024 – 2032 46

FIG NO. 17. South Korea Data Centre Market Revenue, By Service Type, 2018, 2023, 2027 & 2032 47

FIG NO. 18. South Korea Data Centre Market for Colocation Services, Revenue (USD Million) 2018 – 2032 48

FIG NO. 19. South Korea Data Centre Market for Managed Hosting Services, Revenue (USD Million) 2018 – 2032 49

FIG NO. 20. South Korea Data Centre Market for Cloud Services, Revenue (USD Million) 2018 – 2032 50

FIG NO. 21. South Korea Data Centre Market for Others, Revenue (USD Million) 2018 – 2032 51

FIG NO. 22. South Korea Data Centre Market Revenue Share, By End-user, 2023 & 2032 53

FIG NO. 23. Market Attractiveness Analysis, By End-user 54

FIG NO. 24. Incremental Revenue Growth Opportunity by End-user, 2024 – 2032 54

FIG NO. 25. South Korea Data Centre Market Revenue, By End-user, 2018, 2023, 2027 & 2032 55

FIG NO. 26. South Korea Data Centre Market for BFSI, Revenue (USD Million) 2018 – 2032 56

FIG NO. 27. South Korea Data Centre Market for IT & Telecom, Revenue (USD Million) 2018 – 2032 57

FIG NO. 28. South Korea Data Centre Market for Media & Entertainment, Revenue (USD Million) 2018 – 2032 58

FIG NO. 29. South Korea Data Centre Market for E-Commerce , Revenue (USD Million) 2018 – 2032 59

FIG NO. 30. South Korea Data Centre Market for Government & Healthcare, Revenue (USD Million) 2018 – 2032 60

FIG NO. 31. South Korea Data Centre Market for Others, Revenue (USD Million) 2018 – 2032 61

FIG NO. 32. South Korea Data Centre Market Revenue Share, By Tier Level of Infrastructure, 2023 & 2032 63

FIG NO. 33. Market Attractiveness Analysis, By Tier Level of Infrastructure 64

FIG NO. 34. Incremental Revenue Growth Opportunity by Tier Level of Infrastructure, 2024 – 2032 64

FIG NO. 35. South Korea Data Centre Market Revenue, By Tier Level of Infrastructure, 2018, 2023, 2027 & 2032 65

FIG NO. 36. South Korea Data Centre Market for Tier 1, Revenue (USD Million) 2018 – 2032 66

FIG NO. 37. South Korea Data Centre Market for Tier 2, Revenue (USD Million) 2018 – 2032 67

FIG NO. 38. South Korea Data Centre Market for Tier 3, Revenue (USD Million) 2018 – 2032 68

FIG NO. 39. South Korea Data Centre Market for Tier 4, Revenue (USD Million) 2018 – 2032 69

FIG NO. 40. South Korea Data Centre Market Revenue Share, By Size, 2023 & 2032 71

FIG NO. 41. Market Attractiveness Analysis, By Size 72

FIG NO. 42. Incremental Revenue Growth Opportunity by Size, 2024 – 2032 72

FIG NO. 43. South Korea Data Centre Market Revenue, By Size, 2018, 2023, 2027 & 2032 73

FIG NO. 44. South Korea Data Centre Market for Small, Revenue (USD Million) 2018 – 2032 74

FIG NO. 45. South Korea Data Centre Market for Mid-Sized, Revenue (USD Million) 2018 – 2032 75

FIG NO. 46. South Korea Data Centre Market for Large, Revenue (USD Million) 2018 – 2032 76

List of Tables

TABLE NO. 1. : South Korea Data Centre Market: Snapshot 20

TABLE NO. 2. : Drivers for the South Korea Data Centre Market: Impact Analysis 24

TABLE NO. 3. : Restraints for the South Korea Data Centre Market: Impact Analysis 26

TABLE NO. 4. : South Korea Data Center Market Revenue, By Type of Infrastructure, 2018 – 2024 (USD Million) 77

TABLE NO. 5. : South Korea Data Center Market Revenue, By Type of Infrastructure, 2025 – 2032 (USD Million) 77

TABLE NO. 6. : South Korea Data Center Market Revenue, By Service Type, 2018 – 2024 (USD Million) 78

TABLE NO. 7. : South Korea Data Center Market Revenue, By Service Type, 2025 – 2032 (USD Million) 78

TABLE NO. 8. : South Korea Data Center Market Revenue, By End-user, 2018 – 2024 (USD Million) 79

TABLE NO. 9. : South Korea Data Center Market Revenue, By End-user, 2025 – 2032 (USD Million) 79

TABLE NO. 10. : South Korea Data Center Market Revenue, By Tier, 2018 – 2024 (USD Million) 80

TABLE NO. 11. : South Korea Data Center Market Revenue, By Tier, 2025 – 2032 (USD Million) 80

TABLE NO. 12. : South Korea Data Center Market Revenue, By Size, 2018 – 2024 (USD Million) 81

TABLE NO. 13. : South Korea Data Center Market Revenue, By Size, 2025 – 2032 (USD Million) 81

 

Frequently Asked Questions

What is the market size of the South Korea Data Centre Market in 2023, 2032, and its CAGR?

The South Korea Data Centre Market is projected to reach USD 9,664.57 million in 2024 and grow to an estimated USD 16,674.08 million by 2032, with a compound annual growth rate (CAGR) of 7.06% from 2025 to 2032.

What are the key drivers for growth in the South Korea Data Centre Market?

Key drivers include rapid digital transformation, growing adoption of cloud services, integration of 5G technology, and government support for smart city initiatives and cybersecurity improvements.

Which regions are seeing significant data centre development in South Korea?

Seoul remains the dominant hub, with surrounding regions like Gyeonggi and Incheon emerging as secondary hotspots due to available land and power capacity, catering to both hyperscale and colocation facilities.

Who are the leading players in the South Korea Data Centre Market?

Major players in the market include LG Uplus Corp., SK Broadband, KT Corp., Equinix Inc., and Digital Realty, all of whom are investing in enhancing their data centre infrastructure to support growing demand.

South Korea Electrophysiology Devices Market

Published:
Report ID: 97621

South Korea Automotive Lead Acid Battery Market

Published:
Report ID: 94702

South Korea Single-Use Bio-Processing Systems Market

Published:
Report ID: 93669

South Korea Geospatial Analytics Market

Published:
Report ID: 93371

South Africa Single-Use Bio-Processing Systems Market

Published:
Report ID: 93351

South Africa Cardiovascular Devices Market

Published:
Report ID: 93217

South Korea Industrial Solvents Market

Published:
Report ID: 93153

South Korea Vendor Neutral Archives (VNA) and PACS Market

Published:
Report ID: 93161

South Africa Industrial Fasteners Market

Published:
Report ID: 93106

Internet Data Center (IDC) Market

Published:
Report ID: 93976

UAE Green Data Center Market

Published:
Report ID: 92113

Canada Green Data Center Market

Published:
Report ID: 91700

Europe Green Data Center Market

Published:
Report ID: 91112

Indonesia Green Data Center Market

Published:
Report ID: 90965

North America Green Data Center Market

Published:
Report ID: 90647

UK Green Data Center Market

Published:
Report ID: 90457

India Green Data Center Market

Published:
Report ID: 90423

Australia Data Center Containment Market

Published:
Report ID: 90343

Germany Data Center Containment Market

Published:
Report ID: 89863

Middle East Green Data Center Market

Published:
Report ID: 89988

Latin America Green Data Center Market

Published:
Report ID: 89962

Purchase Options

The report comes as a view-only PDF document, optimized for individual clients. This version is recommended for personal digital use and does not allow printing.
$2699

To meet the needs of modern corporate teams, our report comes in two formats: a printable PDF and a data-rich Excel sheet. This package is optimized for internal analysis and multi-location access, making it an excellent choice for organizations with distributed workforce.
$3699

The report will be delivered in printable PDF format along with the report’s data Excel sheet. This license offers 100 Free Analyst hours where the client can utilize Credence Research Inc.’s research team. It is highly recommended for organizations seeking to execute short, customized research projects related to the scope of the purchased report.
$8699

Credence Staff 3

WILLIAM, North America

Support Staff at Credence Research

KEITH PHILLIPS, Europe

Lee - CR Sales Staff

LEE VALLANCE, Asia Pacific

Smallform of Sample request

Report delivery within 24 to 48 hours

– Other Info –

What people say?-

User Review

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –

Phone

+91 6232 49 3207


support

24/7 Research Support


sales@credenceresearch.com

– Research Methodology –

Going beyond the basics: advanced techniques in research methodology

– Trusted By –

Pepshi, LG, Nestle
Motorola, Honeywell, Johnson and johnson
LG Chem, SIEMENS, Pfizer
Unilever, Samsonite, QIAGEN

Request Sample