According to a market report by Lucintel, the future of the data center construction market in South Korea looks promising with opportunities in the BFSI, IT and telecommunications, government and defense, and healthcare markets. The data center construction market in South Korea is expected to reach an estimated $72 billion by 2031 with a CAGR of 5.8% from 2025 to 2031. The major drivers for this market are the rising data usage and the increasing need for cloud computing among enterprises, growing dependence on e-commerce systems, which call for powerful data processing and storage capabilities, along the growing utilization of Internet of Things (IoT) devices.
A more
than 150-page report to understand trends, opportunity and forecast in data
center construction market in South Korea to 2031 by size of data center (small
and medium-scale data center and large-scale data center) and end use (BFSI, IT
and Telecommunicati.
Lucintel
forecasts that, within the data center category, large-scale data centers will
remain a larger segment over the forecast period due to their ability to handle
multiple clients and a variety of computing requirements.
Within the
end use category, IT and telecommunications will remain the largest segment due
to the exponential rise in data consumption, increasing cloud adoption, and the
expansion of digital infrastructure.
Download
sample by clicking on data
center construction market in South Korea.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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