South Korea Data Center Market to Reach Investment of $5.8 Billion by 2027 – Arizton

Chicago, June 20, 2022 (GLOBE NEWSWIRE) -- According to Arizton latest research report, the South Korea data center market is expected to grow at a CAGR of 6.71% during 2022-2027.  The growing support and initiatives from the government for the development of data centers will lead to attracting new investors to the country. The high adoption of artificial intelligence by the government and other organizations is one of the major factors driving market growth.

South Korea Data Center Market Report Scope

Report AttributesDetails
MARKET SIZE (2027)$5.8 Billion
MARKET SIZE (2021)$3.9 Billion
CAGR (2022-2027)6.71% 
MARKET SIZE (AREA)348 thousand Sq. Feet (2027)

Click Here to Download the Free Sample Report

Key Insights

  • South Korea is in the Northeast Asian economic zone and has strong trade connectivity with major Asian countries. Seoul is the primary location for data center development, with more than 15 data center facilities contributing around 50% of the existing third-party data center capacity in South Korea.
  • Telecom, cloud, healthcare, BFSI, automobiles, gaming, logistics, and education are some of the industry verticals in South Korea that drive the demand for data centers in South Korea.
  • South Korea has the presence of global cloud service providers such as Amazon Web Services (AWS), Microsoft, Google, Oracle, and Tencent. Some of the local cloud service providers in the country include KT, LG CNS, and SK C&C.
  • The South Korea data center market has witnessed several investments via joint ventures; for instance, in April 2022, Digital Edge and SK ecoplant signed a memorandum of understanding (MOU) to develop a data center facility in Incheon, South Korea.
  • The country has the presence of several free economic zones such as Incheon FEZ, Busan-Jinhae FEZ, Gwangyang Bay Area FEZ, Chungbuk FEZ, and Saemangeum-Gunsan FEZ will drive data center investment in the country in upcoming years.
  • The South Korea Government aims to generate around 35% of energy from renewable energy sources by 2040 in the country. Data center service providers such as NAVER, Equinix, and Digital Realty are using renewable energy to power their data center operations.

South Korea Data Center Market Growth Enablers

  • The South Korean data center market is one of the quickly emerging markets in the APAC region, with growth in investments from global cloud service providers such as AWS, Microsoft, Alibaba, and Google.
  • Several startups in the country are using big data solutions for modifying their business operations. For instance, Coupang, an e-commerce company based in South Korea, is using big data analytics for its e-commerce platform.
  • Growing joint ventures will bring foreign investments to the country as well as attract other investors to invest in data centers. The joint ventures will further create revenue opportunities for vendors and local operators with investments from global firms. Joint ventures are also encouraging global brands to increase their presence in the country and maintain a brand reputation, local market knowledge, and local operations.

Market Segmentation

Infrastructure Type 

  • IT Infrastructure
  • Electrical Infrastructure
  • Mechanical Infrastructure
  • General Construction

IT Infrastructure 

  • Server
  • Storage
  • Network

Electrical Infrastructure 

  • Uninterruptible Power Supply (UPS)
  • Generators
  • Transfer Switches and Switchgears
  • PDUs
  • Other Electrical Infrastructure

Mechanical Infrastructure 

  • Cooling Systems
  • Racks
  • Other Mechanical Infrastructure

General Construction 

  • Core and Shell Development
  • Installation and Commissioning Services
  • Building Design
  • Physical Security
  • DCIM

Tier Segments 

  • Tier I & Tier II
  • Tier III
  • Tier IV


  • Seoul
  • Other Cities

Vendors Analysis

IT Infrastructure Providers

  • Arista Networks
  • Atos
  • Cisco Systems
  • Dell Technologies
  • Fujitsu
  • Hewlett Packard Enterprise (HPE)
  • IBM
  • Inspur
  • Intel
  • Lenovo
  • NetApp

Data Center Construction Contractors & Sub-Contractors

  • DPR Construction
  • GS E&C
  • HanmiGlobal
  • Hyundai Engineering & Construction
  • ISG
  • SAMOO Architects & Engineers
  • Samsung C&T

Support Infrastructure Providers

  • ABB
  • Caterpillar
  • Cummins
  • Delta Electronics
  • Eaton
  • Fuji Electric
  • Legrand
  • Mitsubishi Electric
  • Piller Power Systems
  • Rittal
  • Rolls-Royce
  • Schneider Electric
  • Vertiv

Data Center Investors

  • Actis
  • Digital Realty
  • Dreammark1
  • Equinix
  • Kakao Corp
  • KT Corp
  • LG Uplus
  • NAVER Corp
  • NHN Corp
  • Princeton Digital Group (PDG)
  • Pure Data Centers
  • Samsung SDS
  • SC Zeus Data Centers
  • SK Broadband
  • ST Telemedia Global Data Centers

Explore our data center knowledge base profile to know more about the industry.

Click Here to Download the Free Sample Report

Read some of the top-selling reports:

About Arizton:

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals, and materials, IT and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Click Here to Contact Us

Call: +1-312-235-2040

+1 302 469 0707

Arizton Advisory and Intelligence
Call: +1-312-235-2040
         +1 302 469 0707

Posted In: Press Releases

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.