Press release
South Korea Data Center Market to Witness Investment of $7.22 Billion by 2029 - Arizton
South Korea Data Center Market Research Report by Arizton
To Know More, Download the Free Sample Report: https://www.arizton.com/market-reports/south-korea-data-center-market-investment-analysis
South Korea is becoming a resilient data center market, propelled by a strategy prioritizing cloud service, a conducive business climate, and a well-established regulatory framework. Moreover, South Korea is a prominent Southeast Asian market, with investment opportunities driven by Artificial Intelligence and Renewable Energy initiatives. Major investments from local and international data center providers position the country as a pivotal player in the Asia-Pacific (APAC) digital infrastructure landscape.
Recently, South Korea has seen the development of smart cities such as Seoul, Incheon, Busan, and Daejeon. These cities implemented various smart solutions, including the Integrated Public Transportation Fare System, Demand-Responsive Transportation (DRT), Smart Grid, Smart Waste Management System, and numerous others.
Investment Opportunities in South Korea
• In October 2023, LGU+ announced the completion of their second facility, Pyeoungchon 2 Center, in South Korea.
• In September 2023, Kakao announced the completion of their data center facility in Ansan, Gyeonggi, South Korea.
• In September 2023, SK Ecoplant announced plans to develop a data center campus facility in Pohang, South Korea.
• In August 2023, the South Korean government announced plans to develop a 1GW data center campus in the Southwest of South Korea.
• In June 2023, Empyrion DC commenced constructing its first data center facility in the Gangnam area of Seoul, South Korea.
Market Trends
• The South Korean government has committed to overturning the earlier policy by the administration of phasing out nuclear energy-the previous approach aimed to reduce the number of operational nuclear plants to 17 by 2034.
• South Korea plans to reduce its dependence on coal-fired power generation to 19.7% by 2030 and further down to 14.4% by 2036. Additionally, the country aims to decrease its reliance on gas-fired generation to 22.9% by 2030 and 9.3% by 2036.
• KOEN, formerly Korea South-East Power (KOSEP), generates renewable power from photovoltaic - 36 MW, hydro - 18.6 MW, fuel cells - 51.9 MW, wind - 58.4 MW, and biomass - 325 MW.
• Korea Western Power owns and operates around 17 solar power plants with a total capacity of around 43 MW. The Taean Small Hydro Power plant generates 2.2 MW, and the Hwasun Wind Power plant produces around 16 MW. In addition, the company generates around 39 MW of power capacity through fuel cells, generating around 35 MW of power through biomass.
Significant Growth in Cloud, Mission Critical, and High-Performance
Infrastructure to Increase OCP and Arm-based Server Adoption Booming the Market Growth
The expansion of hyperscale data centers will likely increase the demand for arm-based servers and promote the procurement of high-performance infrastructure solutions and OCP infrastructure solutions. South Korea-based cloud service provider Douzone Bizon adopted Intel Xeon Scalable Processor solutions to decrease the total cost of ownership for managing blade servers.
Why Should You Buy This Research?
• Market size is available regarding investment, area, power capacity, and South Korea colocation market revenue.
• An assessment of the data center investment in South Korea by colocation, hyperscale, and enterprise operators.
• Investments in the area (square feet) and power capacity (MW) across cities in the country.
• A detailed study of the existing South Korea data center market landscape, an in-depth market analysis, and insightful predictions about market size during the forecast period.
• Snapshot of existing and upcoming third-party data center facilities in South Korea
o Facilities Covered (Existing): 35
o Facilities Identified (Upcoming): 19
o Coverage: 12+ Cities
o Existing vs. Upcoming (Area)
o Existing vs. Upcoming (IT Load Capacity)
• Data Center Colocation Market in South Korea
o Colocation Market Revenue & Forecast (2023-2029)
o Wholesale vs. Retail Colocation Revenue (2023-2029)
o Retail Colocation Pricing
o Wholesale Colocation Pricing
• The South Korea data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
• A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.
• Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
• A transparent research methodology and the analysis of the demand and supply aspects of the industry.
Buy this Research @ https://www.arizton.com/market-reports/south-korea-data-center-market-investment-analysis
Post-Purchase Benefit
• 1hr of free analyst discussion
• 10% off on customization
The Report Includes the Investment in the Following Areas:
• IT Infrastructure
o Servers
o Storage Systems
o Network Infrastructure
• Electrical Infrastructure
o UPS Systems
o Generators
o Transfer Switches & Switchgears
o PDUs
o Other Electrical Infrastructure
• Mechanical Infrastructure
o Cooling Systems
o Rack Cabinets
o Other Mechanical Infrastructure
• Cooling Systems
o CRAC & CRAH Units
o Chiller Units
o Cooling Towers, Condensers & Dry Coolers
o Economizers & Evaporative Coolers
o Other Cooling Units
• General Construction
o Core & Shell Development
o Installation & Commissioning Services
o Engineering & Building Design
o Fire Detection & Suppression Systems
o Physical Security
o Data Center Infrastructure Management (DCIM)
• Tier Standard
o Tier I & Tier II
o Tier III
o Tier IV
• Geography
o Seoul
o Other Cities
Vendor Landscape
IT Infrastructure Providers
• Arista Networks
• Atos
• Cisco Systems
• Dell Technologies
• Fujitsu
• Hewlett Packard Enterprise
• IBM
• Inspur
• Intel
• Lenovo
• NetApp
Data Center Construction Contractors & Sub-Contractors
• BEHIVE Architects
• DPR Construction
• GS E&C
• HanmiGlobal
• Hyundai Engineering & Construction
• ISG
• POSCO ICT
• 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
• STULZ
• Vertiv
Data Center Investors
• Actis
• Digital Realty
• Dreammark1
• Digital Edge
• Equinix
• Hostway IDC
• Kakao Corp
• KT Corp
• LG Uplus
• LG CNS
• Naver
• NHN Corp
• SOLISIDC
• SK Broadband
New Entrants
• Empyrion DC
• ESR
• OneAsia Network
• Princeton Digital Group
• Pure Data Centres Group
• SC Zeus Data Centers
• ST Telemedia Global Data Centres
• STACK Infrastructure
Key Questions Answered in the Report:
How big is the South Korea data center market?
How many existing and upcoming data center facilities exist in South Korea?
How much MW of power capacity will be added across South Korea during 2024-2029?
What factors are driving the South Korea data center market?
What is the growth rate of the South Korea data center market?
Who are the key investors in the South Korea data center market?
Get the Detailed TOC @ https://www.arizton.com/market-reports/south-korea-data-center-market-investment-analysis
Why Arizton?
100% Customer Satisfaction
24x7 availability - we are always there when you need us
200+ Fortune 500 Companies trust Arizton's report
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100% more data and analysis
1500+ reports published till date
About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. 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 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.
Contact Us
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+1 302 469 0707
Mail: enquiry@arizton.com
Contact Us: https://www.arizton.com/contact-us
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