South Korea Data Center Cooling Market Size (2024 - 2029)

South Korea Data Center Cooling Market Analysis

The South Korea Data Center Cooling Market size is estimated at USD 150.95 million in 2024, and is expected to reach USD 387.90 million by 2030, growing at a CAGR of 17.04% during the forecast period (2024-2030).

• The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in South Korea.
• The IT load capacity of the South Korean data center cooling market is expected to reach 2K MW by 2030. The country's construction of raised floor area is expected to increase to 5 million sq. ft by 2030. The country's total number of racks to be installed is expected to reach 270 thousand units by 2030. Greater Seoul is expected to house the maximum number of racks by 2030. Throughout the year, temperatures typically fluctuate between 21 °F and 85 °F, rarely dropping below 11 °F or above 91 °F. Depending upon climatic conditions, the DC cooling is processed in the DC facilities.
• There are close to 10 submarine cable systems connecting South Korea, and many are under construction. One such submarine cable that started service in 2023 is Southeast Asia-Japan Cable 2 (SJC2), which stretches over 10,500 km, with landing points in Geoje, South Korea.

South Korea Data Center Cooling Industry Segmentation

Data center cooling is a set of techniques and technologies to maintain optimal operating temperatures in data center environments. It is critical as data center facilities house many computer servers and network equipment that generate heat during operation. Efficient cooling systems are used to dissipate this heat and prevent the equipment from overheating, ensuring continued reliable operation of the data center. Various methods, such as air conditioning, liquid cooling, and hot/cold aisle containment, are commonly used to control temperature and humidity in data centers.

The South Korean data center cooling market 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.