The South Korea Data Center Market is segmented by Hotspot (Busan, Greater Seoul), by Data Center Size (Large, Massive, Medium, Mega, Small), by Tier Type (Tier 1 and 2, Tier 3, Tier 4) and by Absorption (Non-Utilized, Utilized). Market Volume in Megawatt (MW) is presented. Key Data Points observed include IT load capacity for existing and upcoming data centers, current and upcoming hotspots, average mobile data consumption, volume of fiber cable connectivity in KM, existing and upcoming submarine cables, rack space utilization, and number of data centers by tier.

As of 2024, South Korean public institutions have released approximately 96.8 thousand datasets as open data for public access. This marks an increase from the previous year and represents more than a sixfold growth compared to 2015.

In 2022, it is estimated that the data market value in South Korea would amount to around 25 trillion South Korean won, up from about 23 trillion won in the previous year. The market value of data industry in South Korea has steadily increased over the years.

South Korea Gross Domestic Product (GDP) data was reported at 666,270.700 KRW bn in Dec 2024. This records an increase from the previous number of 641,917.700 KRW bn for Sep 2024. South Korea Gross Domestic Product (GDP) data is updated quarterly, averaging 69,938.350 KRW bn from Mar 1960 (Median) to Dec 2024, with 260 observations. The data reached an all-time high of 666,270.700 KRW bn in Dec 2024 and a record low of 48.910 KRW bn in Mar 1960. South Korea Gross Domestic Product (GDP) data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s South Korea – Table KR.A001: SNA08: GDP: by Expenditure: Current Price.

The South Korea Data Center Storage Market Report is Segmented by Storage Technology (Network Attached Storage (NAS), Storage Area Network (SAN), and Direct Attached Storage (DAS)), by Storage Type (Traditional Storage, All-Flash Storage, and Hybrid Storage), by End User (IT & Telecommunication, BFSI, Government, Media & Entertainment, and Other End Users). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

In December 2023, users with an unlimited 5G data plan used around 49.4 gigabytes of data in South Korea, while users with an unlimited 4G data plan used around 24 gigabytes. While 3G data plans are not popular anymore, there are still some consumers who prefer it, either due to the low cost or because they used an older phone model that did not support newer data transmission technology.

The Gross Domestic Product (GDP) in South Korea was worth 1712.79 billion US dollars in 2023, according to official data from the World Bank. The GDP value of South Korea represents 1.62 percent of the world economy. This dataset provides - South Korea GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The South Korea Data Center Rack Market is Segmented by Rack Type (Open Frame, Closed Frame), by Rack Size (Quarter Rack, Half Rack, Full Rack), by End User (IT & Telecommunication, BFSI, Government, and Media & Entertainment). The Market Sizes and Forecasts are Provided in Terms of Volume (units) for all the Above Segments.

Key information about South Korea Total Exports

• South Korea Total Exports recorded 52.5 USD bn in Feb 2025, compared with 49.2 USD bn in the previous month
• South Korea Total Exports data is updated monthly, available from Jan 1966 to Feb 2025, with an averaged value of 9.7 USD bn
• The data reached an all-time high of 63.8 USD bn in Mar 2022 and a record low of 14.8 USD mn in Jan 1966

• In the latest reports, South Korea Total Exports grew 0.7 % YoY in Feb 2025
• Total Imports recorded 48.3 USD bn in Feb 2025, which registered an increase of 0.2 % year on year
• South Korea Trade Balance recorded a surplus of 4.2 USD bn in Feb 2025

The South Korea Data Center Processor Market Report is Segmented by Processor Type (CPU, GPU, FPGA, AI Accelerators), by Application (Advanced Data Analytics, AI/ML Training and Inferences, High Performance Computing, Security and Encryption, Network Functions, and Others), by Architecture (x86 and Non-X86 (ARM, Power and Other Processors), and by Data Center Type (Enterprise, Colocation and Cloud Service Providers). The Report Offers the Market Size and Forecasts for all the Above Segments in Terms of Value (USD).

Primary education, duration (years) in South Korea was reported at 6 years in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - Primary education, duration (years) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

The South Korea Data Center Power Market Report is Segmented by Power Infrastructure (Electrical Solutions (UPS Systems, Generators, and Power Distribution Solutions (PDU, Switchgear, Critical Power Distribution, Transfer Switches, Remote Power Panels, and Others)) and Services) and End User (IT & Telecommunication, BFSI, Government, Media & Entertainment, and Other End Users). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

It was estimated that the data collection market in South Korea would value around 271.5 billion South Korean won in 2022, up from about 249.9 billion won in the previous year. The market value of the data collection market in South Korea has consistently increased over the last decade.

Graph and download economic data for Fertility Rate, Total for the Republic of Korea (SPDYNTFRTINKOR) from 1960 to 2022 about fertility, Korea, and rate.

The South Korea Data Center Server Market is Segmented by Form Factor (Blade Server, Rack Server, and Tower Server) and by End User (IT and Telecommunication, BFSI, Government, Media and Entertainment, and Other End-Users). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Graph and download economic data for Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Korea (CRDQKRAPABIS) from Q4 1962 to Q3 2024 about Korea, adjusted, credits, nonfinancial, sector, and private.

The South Korea Data Center Cooling Market Report is Segmented by Technology (Air-Based Cooling [Chiller and Economizer, CRAH, Cooling Towers, and Other Air-Based Cooling Technologies] and Liquid-Based Cooling [Immersion Cooling, Direct-To-Chip Cooling, and Rear-Door Heat Exchanger]), Type of Data Center (Hyperscaler, Enterprise, and Colocation), and End-User Industry (IT and Telecom, Retail and Consumer Goods, Healthcare, Media and Entertainment, Federal and Institutional Agencies, and Other End-User Industries). The Report Offers Market Sizes and Forecasts in Value (USD) for all the Above Segments.

Graph and download economic data for Production: Construction: Total for Korea (KORPRCNTO01GPSAQ) from Q2 2000 to Q4 2024 about Korea, construction, and production.

South Korea data center market size is projected to exhibit a growth rate (CAGR) of 14.40% during 2024-2032. The continuous development of smart cities and improving urban living conditions, rising demand for cloud computing services, and the growing awareness about sustainability and environmental concerns represent some of the key factors driving the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on data center size, tier type, and absorption.

Graph and download economic data for Real Gross Domestic Product for Republic of Korea (NGDPRSAXDCKRQ) from Q1 1960 to Q4 2024 about Korea, real, and GDP.