South Korea Data Center Construction Market Size & Outlook
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South Korea data center construction market highlights
- The South Korea data center construction market generated a revenue of USD 5,544.5 million in 2024 and is expected to reach USD 11,439.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 13.4% from 2025 to 2030.
- In terms of segment, it infrastructure was the largest revenue generating infrastructure in 2024.
- Power Distribution & Cooling Infrastructure is the most lucrative infrastructure segment registering the fastest growth during the forecast period.
Data center construction market data book summary
| Market revenue in 2024 | USD 5,544.5 million |
| Market revenue in 2030 | USD 11,439.0 million |
| Growth rate | 13.4% (CAGR from 2025 to 2030) |
| Largest segment | It infrastructure |
| Fastest growing segment | Power Distribution & Cooling Infrastructure |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | IT Infrastructure, Power Distribution & Cooling Infrastructure, Miscellaneous Infrastructure |
| Key market players worldwide | Cisco Systems Inc, Dell Technologies Inc Ordinary Shares - Class C, Fujitsu Ltd, Hewlett Packard Enterprise Co, Huawei Technologies, International Business Machines Corp, Acer Inc DR, Lenovo Group Ltd, Oracle Corp, inSpur, Ascenty, ABB Ltd, Hitachi Ltd, Equinix Inc, Schneider Electric SE, KION GROUP AG, Vertiv Holdings Co Class A, Gensler, HostDime, IPXON Networks |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.3% of the global data center construction market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China data center construction market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 11,439.0 million by 2030.
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Data Center Construction Market Scope
Data Center Construction Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| IPXON Networks | View profile | 11-50 | Hollywood, Florida, United States, North America | https://www.ipxon.com/en-gl/ |
| HostDime | View profile | 11-50 | Thiruvananthapuram, Kerala, India, Asia | https://www.hostdime.in |
| Gensler | View profile | 5001-10000 | San Francisco, California, United States, North America | http://www.gensler.com |
| Vertiv Holdings Co Class A | View profile | 27000 | 505 North, Cleveland Avenue, Westerville, OH, United States, 43082 | https://www.vertiv.com |
| Equinix Inc | View profile | 13151 | One Lagoon Drive, Redwood City, CA, United States, 94065 | https://www.equinix.com |
| Ascenty | View profile | 251-500 | São Paulo, Sao Paulo, Brazil, South America | http://ascenty.com/ |
| inSpur | View profile | 1-10 | Melbourne, Victoria, Australia, Oceania | https://www.inspur.com.au/ |
| Acer Inc DR | View profile | 2074 | Sec. 1, Xintai 5th Road, 1st Floor, 88, Xizhi, Taipei, Taiwan, 221 | https://www.acer.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| KION GROUP AG | View profile | 42325 | Thea-Rasche-Strasse 8, Frankfurt am Main, HE, Germany, 60549 | https://www.kiongroup.com |
| Hewlett Packard Enterprise Co | View profile | 62000 | 1701 East Mossy Oaks Road, Spring, TX, United States, 77389 | https://www.hpe.com |
| Lenovo Group Ltd | View profile | 71090 | 979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Hong Kong, Hong Kong | https://www.lenovo.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| Dell Technologies Inc Ordinary Shares - Class C | View profile | 120000 | One Dell Way, Round Rock, TX, United States, 78682 | https://www.delltechnologies.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
| Fujitsu Ltd | View profile | 124055 | Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, Japan, 105-7123 | http://www.fujitsu.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
South Korea data center construction market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to data center construction market will help companies and investors design strategic landscapes.
It infrastructure was the largest segment with a revenue share of 101.34% in 2024. Horizon Databook has segmented the South Korea data center construction market based on it infrastructure, power distribution & cooling infrastructure, miscellaneous infrastructure covering the revenue growth of each sub-segment from 2018 to 2030.
The growing demand for cloud services by SMEs, information security regulations by local governments, and increasing investment by domestic entrepreneurs are some of the key factors driving the demand for the construction of new data center facilities market in South Korea.
For instance, in August 2023, the Ministry of Trade, Industry, and Energy signed a Memorandum of Understanding (MoU) with the Korea Electric Power Corporation, the municipal government of Jeollanam-do province, Jeonnam Development Corporation, Haenam district, and 7 investment companies to facilitate the construction of a new data center complex.
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Our clientele includes a mix of data center construction market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea data center construction market , including forecasts for subscribers. This country databook contains high-level insights into South Korea data center construction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea data center construction market size, by infrastructure, 2018-2030 (US$M)
South Korea Data Center Construction Market Outlook Share, 2024 & 2030 (US$M)
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