Analytical Study of Data Center Power Management Landscape in Korea from (2024 to 2034)

The data center power management industry in Korea is poised to undergo an average compound annual growth rate of 6.5% through 2034. The industry in Korea is standing at the threshold of significant prospects, starting with a valuation of US$ 465.0 million in 2024.

The integration of artificial intelligence and automation into data center operations is anticipated to enhance efficiency and decrease energy consumption. Power management solutions that utilize AI for predictive analytics and automated control are gaining significance. The adoption of data center power management in Korea is likely to secure US$ 875.2 million by 2034.

Key Insights - Highlights to Understand Emerging and Fast Growing Opportunities

  • The growth of data-intensive applications, cloud services, and the digital economy has driven the demand for data center in Korea, increasing the need for efficient power management solutions to ensure uninterrupted operations.
  • Government initiatives to promote technological innovation and digital transformation, such as the Digital New Deal, are expected to drive investments in data center infrastructure and related technologies, including power management.
  • Data sovereignty laws may require some businesses to host their data within Korea, increasing the demand for data center services and, consequently, power management solutions.
Attributes Details
Industry Size for Data Center Power Management in Korea in 2024 US$ 465.0 million
Expected Industry Size for Data Center Power Management in Korea by 2034 US$ 875.2 million
Forecasted CAGR from 2024 to 2034 6.5%

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Key Trends Influencing the Demand for Data Center Power Management in Korea

  • The growth of cloud services in Korea, driven by businesses and consumers alike, necessitates robust data center infrastructure and power management solutions to support cloud computing operations.
  • Remote monitoring and management solutions are gaining importance, with the increased significance of remote work and the need for data center administrators to manage infrastructure from afar.
  • The rise of edge computing, driven by the Internet of Things and low-latency applications, is leading to the deployment of smaller data centers at the edge.

Category-wise insights

Businesses are Turning to Modular Data Centers for Quick Deployments in Korea

Modular data centers allow organizations to quickly scale their IT infrastructure to meet changing demands. Businesses in Korea, especially those experiencing rapid growth or seasonal variations in data processing needs, can benefit from this scalability.

Data Center Power Management in Korea based on Data Center Type Modular Data Centers
Share in % in 2024 25.1%

In terms of data center type, the modular segment is expected to account for an industry share of 25.1% in 2024. Modular data centers often offer cost savings through economies of scale, efficient resource usage, and reduced construction and operational costs. Given the competitiveness of the business landscape in Korea, cost efficiency is a significant driver.

Modular data centers can be deployed more quickly than traditional data centers, which is crucial in an environment where time to industry is a key factor. Businesses in Korea can rapidly respond to industry demands by using modular solutions.

Tier 4 Data Centers Gain Traction in Korea's Finance and Healthcare Sectors

Tier 4 data centers are designed to ensure near 100% uptime and are suitable for organizations with mission-critical applications. Businesses in Korea that require uninterrupted operations, such as financial institutions, healthcare providers, and government agencies, are drawn to Tier 4 data centers.

Based on data center tier, the Tier 4 segment is expected to account for an industry share of 34.6% in 2024. Certain industries in Korea, such as finance and healthcare, are subject to strict regulatory requirements regarding data security and availability. Tier 4 data centers are often better equipped to meet these compliance standards, driving their adoption.

The heightened level of reliability and redundancy in Tier 4 data centers ensures data security and robust disaster recovery capabilities. Organizations in Korea prioritize data security and the ability to recover quickly from any service interruptions.

Data Center Power Management in Korea based on Data Center Tier Tier 4
Share in % in 2024 34.6%
Sudip Saha
Sudip Saha

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Province-wise Insights

Manufacturing Facilities to Boost the Industry in the South Gyeongsang

South Gyeongsang is renowned for its industrial and economic development, housing a concentration of manufacturing and technology companies. With a growing demand for efficient power management solutions, these industries heavily rely on data centers for their operations.

The region boasts various manufacturing facilities, and many of these industries necessitate data centers for production, quality control, and supply chain management. Power management solutions play a vital role in ensuring the smooth operation of these data centers.

Food Processing Industry in North Jeolla to Enhance the Data Center Power Management Landscape

North Jeolla is known for its agricultural and food processing industries. The sectors increasingly rely on data centers for supply chain management, quality control, and data analysis. Efficient power management is vital for supporting these operations.

North Jeolla hosts educational and research institutions that require data centers for research, data storage, and collaborative projects. These organizations contribute to the demand for advanced power management solutions.

Data Intensive Applications in Jeju to Accelerate the Ecosystem

The data centers in the region may support data-intensive applications related to meteorological data, environmental monitoring, and tourism analytics. Power management is essential for these data centers to maintain reliable operations.

Organizations in Jeju are aiming to pursue digital transformation initiatives to modernize their operations. Data centers play a crucial role in these efforts and require effective power management to ensure reliability and performance.

Competitive Landscape

The competitive landscape of the data center power management industry in Korea is marked by innovation and a pursuit of sustainable solutions. Power management has become a critical aspect of maintaining operational efficiency and reducing environmental impact as the demand for data center services continues to surge in the digital age. Several key players and emerging companies are actively contributing to this dynamic landscape, shaping the trajectory of the industry in Korea.

Recent Developments Observed in Data Center Power Management in Korea

  • In 2023, LG CNS announced a partnership with Schneider Electric to develop and deploy intelligent data center power management solutions in Korea. The partnership is expected to focus on developing solutions that can help data center operators improve energy efficiency, reduce costs, and increase reliability.
  • In 2023, Samsung C&T announced plans to invest US$ 7.6 billion in the construction of a new data center campus in Jeollanam-do Province, Korea. The data center campus will be powered by renewable energy and will use the latest data center power management technologies.

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Some of the Key Players with Data Center Power Management in Korea

  • LG CNS
  • Samsung C&T
  • KT Corporation
  • SK Telecom
  • Korea Electric Power Corporation
  • NHN Corporation
  • Naver Corporation
  • Kakao Corporation
  • Celltrion Corporation
  • Schneider Electric
  • Eaton Corporation
  • Emerson Electric

Scope of the Report

Attribute Details
Estimated Industry Size in 2024 US$ 465.0 million
Projected Industry Size by 2034 US$ 875.2 million
Anticipated CAGR from 2024 to 2034 6.5% CAGR
Historical Analysis of Demand for Data Center Power Management in Korea 2019 to 2023
Demand Forecast for Data Center Power Management in Korea 2024 to 2034
Report Coverage Industry Size, Industry Trends, Analysis of key factors influencing the adoption of Data Center Power Management in Korea, Insights on Global Players and their Industry Strategy in Korea, Ecosystem Analysis of Providers in Korea
Key Provinces Analyzed while Studying Opportunities in Data Center Power Management in Korea South Gyeongsang, North Jeolla, South Jeolla, Jeju
Key Companies Profiled LG CNS; Samsung C&T; KT Corporation; SK Telecom; Korea Electric Power Corporation; NHN Corporation; Naver Corporation; Kakao Corporation; Celltrion Corporation; Schneider Electric; Eaton Corporation; Emerson Electric

Key Segments

By Component:

  • Hardware
  • Data Center Infrastructure Management Software
  • Services

By Data Center Type:

  • Modular
  • Colocation
  • Cloud
  • Edge
  • Hyperscale
  • Micro Mobile

By Data Center Tier:

  • Tier 1
  • Tier 2
  • Tier 3
  • Tier 4

By Installation Type:

  • New Installation
  • Retrofit/Upgrade

By End User:

  • Cloud Providers
  • Colocation Providers
  • Enterprise Data Centers
  • Hyperscale Data Centers

By Industry:

  • BFSI
  • Healthcare
  • Manufacturing
  • IT & Telecom
  • Media & Entertainment
  • Retail
  • Government
  • Others

By Province/City:

  • South Gyeongsang
  • North Jeolla
  • South Jeolla
  • Jeju

Frequently Asked Questions

What is the Expected Industry Size of Data Center Power Management in Korea in 2024?

The industry in Korea is set to be valued at US$ 465.0 million in 2024.

At What Rate is the Data Center Power Management Ecosystem Growing in Korea?

The anticipated CAGR for the Korea data center power management landscape through 2034 is 6.5%.

How Big will be the Demand for Data Center Power Management in Korea?

Demand for data center power management in Korea is expected to reach US$ 875.2 million by 2034.

Which is the Preferred Data Center Type for Data Center Power Management in Korea?

Modular segment is expected to dominate the demand for data center power management in Korea

Which Data Center Tier is Highly Sought after for Data Center Power Management in Korea?

Tier 4 segment to remain a key contributor in the data center power management ecosystem in Korea.

Table of Content

1. Executive Summary

    1.1. Korea Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Investment Feasibility Matrix

    3.5. PESTLE and Porter’s Analysis

    3.6. Regulatory Landscape

        3.6.1. By Key Regions

    3.7. Regional Parent Market Outlook

4. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033

    4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022

    4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Component

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) Analysis By Component, 2018 to 2022

    5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Component, 2023 to 2033

        5.3.1. Hardware

            5.3.1.1. Power Distribution Units

            5.3.1.2. Power Generators

            5.3.1.3. Uninterruptible Power Supply (UPS) Systems

                5.3.1.3.1. Modular UPS

                5.3.1.3.2. Conventional UPS

            5.3.1.4. Others

        5.3.2. DCIM (Data Center Infrastructure Management) Software

        5.3.3. Services

            5.3.3.1. Consulting Services

            5.3.3.2. System Integration & Implementation Services

            5.3.3.3. Maintenance and Support Services

    5.4. Y-o-Y Growth Trend Analysis By Component, 2018 to 2022

    5.5. Absolute $ Opportunity Analysis By Component, 2023 to 2033

6. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Data Center Type

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) Analysis By Data Center Type, 2018 to 2022

    6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Data Center Type, 2023 to 2033

        6.3.1. Modular Data Centers

        6.3.2. Colocation Data Centers

        6.3.3. Cloud Data Centers

        6.3.4. Edge Data Centers

        6.3.5. Hyperscale Data Centers

        6.3.6. Micro Mobile Data Center

    6.4. Y-o-Y Growth Trend Analysis By Data Center Type, 2018 to 2022

    6.5. Absolute $ Opportunity Analysis By Data Center Type, 2023 to 2033

7. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Data Center Tier

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Million) Analysis By Data Center Tier, 2018 to 2022

    7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Data Center Tier, 2023 to 2033

        7.3.1. Tier-1 Data Centers

        7.3.2. Tier-2 Data Centers

        7.3.3. Tier-3 Data Centers

        7.3.4. Tier-4 Data Centers

    7.4. Y-o-Y Growth Trend Analysis By Data Center Tier, 2018 to 2022

    7.5. Absolute $ Opportunity Analysis By Data Center Tier, 2023 to 2033

8. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Installation Type

    8.1. Introduction / Key Findings

    8.2. Historical Market Size Value (US$ Million) Analysis By Installation Type, 2018 to 2022

    8.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Installation Type, 2023 to 2033

        8.3.1. New Installation

        8.3.2. Retrofit/Upgrade

    8.4. Y-o-Y Growth Trend Analysis By Installation Type, 2018 to 2022

    8.5. Absolute $ Opportunity Analysis By Installation Type, 2023 to 2033

9. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End User

    9.1. Introduction / Key Findings

    9.2. Historical Market Size Value (US$ Million) Analysis By End User, 2018 to 2022

    9.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End User, 2023 to 2033

        9.3.1. Cloud Providers

        9.3.2. Colocation Providers

        9.3.3. Enterprise Data Centers

        9.3.4. Hyperscale Data Centers

    9.4. Y-o-Y Growth Trend Analysis By End User, 2018 to 2022

    9.5. Absolute $ Opportunity Analysis By End User, 2023 to 2033

10. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Industry

    10.1. Introduction / Key Findings

    10.2. Historical Market Size Value (US$ Million) Analysis By Industry, 2018 to 2022

    10.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Industry, 2023 to 2033

        10.3.1. BFSI

        10.3.2. Healthcare

        10.3.3. Manufacturing

        10.3.4. IT & Telecom

        10.3.5. Media & Entertainment

        10.3.6. Retail

        10.3.7. Government

        10.3.8. Others

    10.4. Y-o-Y Growth Trend Analysis By Industry, 2018 to 2022

    10.5. Absolute $ Opportunity Analysis By Industry, 2023 to 2033

11. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region

    11.1. Introduction

    11.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022

    11.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033

        11.3.1. South Gyeongsang

        11.3.2. North Jeolla

        11.3.3. South Jeolla

        11.3.4. Jeju

        11.3.5. Rest of Korea

    11.4. Market Attractiveness Analysis By Region

12. South Gyeongsang Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

    12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        12.2.1. By Component

        12.2.2. By Data Center Type

        12.2.3. By Data Center Tier

        12.2.4. By Installation Type

        12.2.5. By End User

        12.2.6. By Industry

    12.3. Market Attractiveness Analysis

        12.3.1. By Component

        12.3.2. By Data Center Type

        12.3.3. By Data Center Tier

        12.3.4. By Installation Type

        12.3.5. By End User

        12.3.6. By Industry

    12.4. Key Takeaways

13. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

    13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        13.2.1. By Component

        13.2.2. By Data Center Type

        13.2.3. By Data Center Tier

        13.2.4. By Installation Type

        13.2.5. By End User

        13.2.6. By Industry

    13.3. Market Attractiveness Analysis

        13.3.1. By Component

        13.3.2. By Data Center Type

        13.3.3. By Data Center Tier

        13.3.4. By Installation Type

        13.3.5. By End User

        13.3.6. By Industry

    13.4. Key Takeaways

14. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

    14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        14.2.1. By Component

        14.2.2. By Data Center Type

        14.2.3. By Data Center Tier

        14.2.4. By Installation Type

        14.2.5. By End User

        14.2.6. By Industry

    14.3. Market Attractiveness Analysis

        14.3.1. By Component

        14.3.2. By Data Center Type

        14.3.3. By Data Center Tier

        14.3.4. By Installation Type

        14.3.5. By End User

        14.3.6. By Industry

    14.4. Key Takeaways

15. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

    15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        15.2.1. By Component

        15.2.2. By Data Center Type

        15.2.3. By Data Center Tier

        15.2.4. By Installation Type

        15.2.5. By End User

        15.2.6. By Industry

    15.3. Market Attractiveness Analysis

        15.3.1. By Component

        15.3.2. By Data Center Type

        15.3.3. By Data Center Tier

        15.3.4. By Installation Type

        15.3.5. By End User

        15.3.6. By Industry

    15.4. Key Takeaways

16. Rest of Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

    16.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    16.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        16.2.1. By Component

        16.2.2. By Data Center Type

        16.2.3. By Data Center Tier

        16.2.4. By Installation Type

        16.2.5. By End User

        16.2.6. By Industry

    16.3. Market Attractiveness Analysis

        16.3.1. By Component

        16.3.2. By Data Center Type

        16.3.3. By Data Center Tier

        16.3.4. By Installation Type

        16.3.5. By End User

        16.3.6. By Industry

    16.4. Key Takeaways

17. Market Structure Analysis

    17.1. Competition Dashboard

    17.2. Competition Benchmarking

    17.3. Market Share Analysis of Top Players

        17.3.1. By Regional

        17.3.2. By Component

        17.3.3. By Data Center Type

        17.3.4. By Data Center Tier

        17.3.5. By Installation Type

        17.3.6. By End User

        17.3.7. By Industry

18. Competition Analysis

    18.1. Competition Deep Dive

        18.1.1. Cyber Power Systems Inc.

            18.1.1.1. Overview

            18.1.1.2. Product Portfolio

            18.1.1.3. Profitability by Market Segments

            18.1.1.4. Sales Footprint

            18.1.1.5. Strategy Overview

                18.1.1.5.1. Marketing Strategy

        18.1.2. General Electric

            18.1.2.1. Overview

            18.1.2.2. Product Portfolio

            18.1.2.3. Profitability by Market Segments

            18.1.2.4. Sales Footprint

            18.1.2.5. Strategy Overview

                18.1.2.5.1. Marketing Strategy

        18.1.3. ZPE Systems Inc.

            18.1.3.1. Overview

            18.1.3.2. Product Portfolio

            18.1.3.3. Profitability by Market Segments

            18.1.3.4. Sales Footprint

            18.1.3.5. Strategy Overview

                18.1.3.5.1. Marketing Strategy

        18.1.4. Aggreko

            18.1.4.1. Overview

            18.1.4.2. Product Portfolio

            18.1.4.3. Profitability by Market Segments

            18.1.4.4. Sales Footprint

            18.1.4.5. Strategy Overview

                18.1.4.5.1. Marketing Strategy

        18.1.5. Sunbird Software Inc.

            18.1.5.1. Overview

            18.1.5.2. Product Portfolio

            18.1.5.3. Profitability by Market Segments

            18.1.5.4. Sales Footprint

            18.1.5.5. Strategy Overview

                18.1.5.5.1. Marketing Strategy

        18.1.6. Elco Solutions

            18.1.6.1. Overview

            18.1.6.2. Product Portfolio

            18.1.6.3. Profitability by Market Segments

            18.1.6.4. Sales Footprint

            18.1.6.5. Strategy Overview

                18.1.6.5.1. Marketing Strategy

        18.1.7. Socomec

            18.1.7.1. Overview

            18.1.7.2. Product Portfolio

            18.1.7.3. Profitability by Market Segments

            18.1.7.4. Sales Footprint

            18.1.7.5. Strategy Overview

                18.1.7.5.1. Marketing Strategy

        18.1.8. Siemens AG

            18.1.8.1. Overview

            18.1.8.2. Product Portfolio

            18.1.8.3. Profitability by Market Segments

            18.1.8.4. Sales Footprint

            18.1.8.5. Strategy Overview

                18.1.8.5.1. Marketing Strategy

        18.1.9. ABB

            18.1.9.1. Overview

            18.1.9.2. Product Portfolio

            18.1.9.3. Profitability by Market Segments

            18.1.9.4. Sales Footprint

            18.1.9.5. Strategy Overview

                18.1.9.5.1. Marketing Strategy

        18.1.10. Eaton

            18.1.10.1. Overview

            18.1.10.2. Product Portfolio

            18.1.10.3. Profitability by Market Segments

            18.1.10.4. Sales Footprint

            18.1.10.5. Strategy Overview

                18.1.10.5.1. Marketing Strategy

        18.1.11. Schneider Electric SE

            18.1.11.1. Overview

            18.1.11.2. Product Portfolio

            18.1.11.3. Profitability by Market Segments

            18.1.11.4. Sales Footprint

            18.1.11.5. Strategy Overview

                18.1.11.5.1. Marketing Strategy

        18.1.12. DataSpan

            18.1.12.1. Overview

            18.1.12.2. Product Portfolio

            18.1.12.3. Profitability by Market Segments

            18.1.12.4. Sales Footprint

            18.1.12.5. Strategy Overview

                18.1.12.5.1. Marketing Strategy

        18.1.13. Hewlett Packard Enterprise

            18.1.13.1. Overview

            18.1.13.2. Product Portfolio

            18.1.13.3. Profitability by Market Segments

            18.1.13.4. Sales Footprint

            18.1.13.5. Strategy Overview

                18.1.13.5.1. Marketing Strategy

        18.1.14. Enlogic

            18.1.14.1. Overview

            18.1.14.2. Product Portfolio

            18.1.14.3. Profitability by Market Segments

            18.1.14.4. Sales Footprint

            18.1.14.5. Strategy Overview

                18.1.14.5.1. Marketing Strategy

        18.1.15. Delta Electronics Inc.

            18.1.15.1. Overview

            18.1.15.2. Product Portfolio

            18.1.15.3. Profitability by Market Segments

            18.1.15.4. Sales Footprint

            18.1.15.5. Strategy Overview

                18.1.15.5.1. Marketing Strategy

        18.1.16. Raritan Inc.

            18.1.16.1. Overview

            18.1.16.2. Product Portfolio

            18.1.16.3. Profitability by Market Segments

            18.1.16.4. Sales Footprint

            18.1.16.5. Strategy Overview

                18.1.16.5.1. Marketing Strategy

        18.1.17. Huawei Technologies Co. Ltd.

            18.1.17.1. Overview

            18.1.17.2. Product Portfolio

            18.1.17.3. Profitability by Market Segments

            18.1.17.4. Sales Footprint

            18.1.17.5. Strategy Overview

                18.1.17.5.1. Marketing Strategy

19. Assumptions & Acronyms Used

20. Research Methodology

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Data Center Power Management Market

May 2023

REP-GB-6958

324 pages

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