ASIA PACIFIC DATA CENTRE CAP DECK

MARKET INSIGHTS

KOREA With the growing and rapid interest in Greater Seoul drawing data centre demand to the capital and its surrounds, Korea has earned global status as a primary data centre market. In attempts to decentralise data centre development to other regions of Korea, the government is aiming to promote and incentivise data centre investment into Gangwon, Pohang and Sejong to ease pressure on the grid and appease community concerns in Seoul. Seoul remains the target for hyperscale and colocation groups. However, with the challenges that prevail more attention is being afforded to secondary and tertiary cities such as Busan, Korea’s second largest city.

Q2 2024 KEY INDICATORS

27 OPERATORS, 71 DATA CENTRES

649MW IN OPERATION

267MW UNDER CONSTRUCTION

With the rapid interest in Greater Seoul in recent years drawing data centre demand to the capital and its surrounds, Korea has earned global status as a primary data centre market.

811MW PLANNED

(Key indicators are based on operational Hyperscale Cloud, Colo, Edge & Telco data centre facilities in the market and excludes Captive & ICT.)

PRIMARY MARKETS GREATER METROPOLITAN SEOUL SECONDARY MARKETS BUSAN | DAEJOEN | GWANGJU

CUSHMAN & WAKEFIELD | ASIA PACIFIC DATA CENTRE MARKET OVERVIEW