South Korea Data Center Market Investment Report 2021: Market will Witness Investments of $5.25 Billion by 2026
Dublin, Oct. 28, 2021 (GLOBE NEWSWIRE) -- The "South Korea Data Center Market - Investment Analysis & Growth Opportunities 2021-2026" report has been added to ResearchAndMarkets.com's offering.
South Korea data center market size will witness investments of USD 5.25 billion by 2026, growing at a CAGR of 7.72% during 2021-2026
This report analyzes the South Korea data center market share. It elaboratively analyzes the existing and upcoming facilities and data center investments in IT, electrical, mechanical infrastructure, general construction, tier standard, and geography. It discusses the industry sizing and estimation for different segments concerning the investment in the facilities.
In the next few years, it is expected that there will be increased investment by new hyperscale and colocation data center operators, propelling the market in South Korea. Seoul is a major market within South Korea, with other locations such as Gyeonggi and Busan not far behind in terms of data center investment. Digital Realty, LG Uplus, Lotte Data Communication, and KT were the major data center investors in South Korea in 2020.
SOUTH KOREA DATA CENTER MARKET VENDOR LANDSCAPE
Arista Networks, Atos, Cisco Systems, Dell Technologies, Fujitsu, Hewlett Packard Enterprise (HPE), IBM, Inspur, Lenovo, and NetApp are some of the IT infrastructure providers in South Korea.
Data center operators added over 30 MW of power capacity in the industry between January 2020 and June 2021. The deployment of smart technologies creates lucrative opportunities for data center operators in South Korea.
WHY SHOULD YOU BUY THIS RESEARCH?
Market size available in the investment, area, power capacity, and colocation revenue.
An assessment of the South Korea data center investment in the market by colocation, hyperscale, and enterprise operators
Data center investments in terms of white floor 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 industry analysis, and insightful predictions about the South Korea market size during the forecast period
Snapshot of existing and upcoming third-party facilities in South Korea
Facilities Covered (Existing): 33
Facilities Identified (Upcoming): 5
Coverage: 12 Cities
Existing vs. Upcoming (Data Center Area)
Existing vs. Upcoming (IT Load Capacity)
Data center colocation market in South Korea
Market Revenue & Forecast (2020-2026)
Retail Colocation Pricing
Classification of the South Korea market investments into multiple segments and sub-segments (IT, power, cooling, and general construction services) with market sizing and forecast.
A comprehensive analysis of the latest trends, growth rate, potential opportunities, and growth restraints, and prospects for the market.
Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the market
A transparent research methodology and the analysis of the demand and supply aspect of the market.
SOUTH KOREA DATA CENTER MARKET INSIGHTS
Naver has planned to construct its second facility, the Cloud Ring Data Center in Sejong, expected to be operational by 2023.
LG Uplus Anyang facility will add over 250,000 square feet are of IT space expected to be online by Q3 2023.
Owing to the increase in internet users and the outbreak of the COVID 19 pandemic, the demand for data centers in the country has increased, thereby boosting low latency and high data storage and computation infrastructure.
KEY HIGHLIGHTS OF THE REPORT:
Diesel generators are adopted widely among data center operators in South Korea, with few operators adopting Diesel Rotary Uninterruptible Power Supply (DRUPS) systems.
Most facilities in South Korea will adopt a medium- to low-voltage switchgear during the forecast period.
LG Uplus Busan facility in South Korea is equipped with a hybrid cooling system and achieves free cooling for around eight months without using chillers.
IT Infrastructure Providers
Arista Networks
Atos
Cisco Systems
Dell Technologies
Fujitsu
Hewlett Packard Enterprise (HPE)
IBM
Inspur
Lenovo
NetApp
Construction Constructors & Sub-Contractors
BEHIVE Architects
DPR Construction
GS E&C
HanmiGlobal
ISG
Posco ICT
Samoo Architects & Engineers
Support Infrastructure Providers
ABB
Caterpillar
Cummins
Delta Electronics
Eaton
Fuji Electric
Legrand
Rittal
Mitsubishi Electric
Piller Power Systems
Rolls-Royce Power Systems
Schneider Electric
Vertiv Group
Data Center Investors
Digital Realty
KT
LG Uplus
Lotte Data Communication
REPORT COVERAGE:
EXISTING VS. UPCOMING DATA CENTERS
Existing Facilities in the region (White Floor Area and Power Capacity)
Seoul
Other Cities
List of Upcoming Facilities in the region (White Floor Area and Power Capacity)
SOUTH KOREA DATA CENTER INVESTMENT COVERAGE
Infrastructure Type
IT Infrastructure
Electrical Infrastructure
Mechanical Infrastructure
General Construction
IT Infrastructure
Server
Storage
Network Infrastructure
Electrical Infrastructure
UPS Systems
Generators
Transfer Switches and Switchgears
PDUs
Other Electrical Infrastructure
Mechanical Infrastructure
Cooling Systems
Rack Cabinets
Other Mechanical Infrastructure
Cooling Systems
CRAC & CRAH Units
Chillers
Cooling Towers, Condensers, and Dry Coolers
Economizers & Evaporative Coolers
Other Cooling Units
General Construction
Building Development
Installation & Commissioning Services
Building Design
Physical Security
Data Center Infrastructure Management (DCIM)
Tier Segments
Tier I & Tier II
Tier III
Tier IV
For more information about this report visit https://www.researchandmarkets.com/r/ua3k7s
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