South Korea Data Center Storage Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

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.

South Korea Data Center Storage Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

South Korea Data Center Storage Market Size

South Korea Data Center Storage Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 1.23 Billion
Market Size (2030) USD 2.13 Billion
CAGR (2025 - 2030) 11.61 %
Market Concentration Medium

Major Players

South Korea Data Center Storage Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of South Korea Data Center Storage Market with other markets in Technology, Media and Telecom Industry

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South Korea Data Center Storage Market Analysis

The South Korea Data Center Storage Market size is estimated at USD 1.23 billion in 2025, and is expected to reach USD 2.13 billion by 2030, at a CAGR of 11.61% during the forecast period (2025-2030).

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 the country, leading to a growing need for data center storage equipment.

  • Under Construction IT Load Capacity: The upcoming IT load capacity of the South Korean data center market is expected to reach around 2,000 MW by 2029.
  • Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 5 million sq. ft by 2029.
  • Planned Racks: The country's total number of racks to be installed is expected to reach 270K units by 2029. Greater Seoul is expected to house the maximum number of racks by 2029.
  • Planned Submarine Cables: There are close to 10 submarine cable systems connecting South Korea, and many are under construction. One such submarine cable that is estimated to start service in 2023 is Southeast Asia-Japan Cable 2 (SJC2), which stretches over 10,500 Kilometers with landing points from Geoje, South Korea.

South Korea Data Center Storage Industry Overview

The South Korean Data Center Storage Market is moderately fragmented. The major players in this market hold the majority of the market share. Some significant players are Dell Inc., Hewlett Packard Enterprise, NetApp Inc., Hitachi Vantara LLC, and Huawei Technologies Co. Ltd. These companies leverage strategic collaborative initiatives to increase their market share and increase their profitability.

In May 2023, NetApp announced several innovative products and programs, including a new modern block storage offering and a guarantee highlighting NetApp’s best-in-class ability to recover from ransomware attacks. The company also rolled out new ASA block storage.

South Korea Data Center Storage Market Leaders

  1. Dell Inc.

  2. Hewlett Packard Enterprise

  3. NetApp Inc.

  4. Huawei Technologies Co. Ltd.

  5. Hitachi Vantara LLC

  6. *Disclaimer: Major Players sorted in no particular order
South Korea Data Center Storage Market Concentration
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South Korea Data Center Storage Market News

August 2023: Pure Storage Inc. announced a regional innovation hub in Chungcheongbuk-do Province, South Korea, named Chungbuk Technopark to leverage FlashBlade, a unified fast file and object storage platform, and enhance the AI development environment it provides to local businesses by boosting storage data processing performance and significantly improving GPU usage.

October 2023: Equinix partnered with NetApp to drive customer demand for cloud adjacent storage.

South Korea Data Center Storage Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumption & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Dynamics

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Expansion of IT Infrastructure to Increase Market Growth
    • 4.2.2 Increased Investments in Hyperscale Data Centers To Increase Market Growth
  • 4.3 Market Restraints
    • 4.3.1 High Initial Investment Cost To Hinder Market Growth
  • 4.4 Value Chain / Supply Chain Analysis
  • 4.5 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers/Consumers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitute Products
    • 4.5.5 Intensity of Competitive Rivalry
  • 4.6 Assessment of COVID-19 Impact

5. MARKET SEGMENTATION

  • 5.1 Storage Technology
    • 5.1.1 Network Attached Storage (NAS)
    • 5.1.2 Storage Area Network (SAN)
    • 5.1.3 Direct Attached Storage (DAS)
    • 5.1.4 Other Technologies
  • 5.2 Storage Type
    • 5.2.1 Traditional Storage
    • 5.2.2 All-Flash Storage
    • 5.2.3 Hybrid Storage
  • 5.3 End-User
    • 5.3.1 IT & Telecommunication
    • 5.3.2 BFSI
    • 5.3.3 Government
    • 5.3.4 Media & Entertainment
    • 5.3.5 Other End-User

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Dell Inc.
    • 6.1.2 Hewlett Packard Enterprise
    • 6.1.3 NetApp Inc.
    • 6.1.4 Huawei Technologies Co. Ltd.
    • 6.1.5 Hitachi Vantara LLC
    • 6.1.6 Pure Storage Inc.
    • 6.1.7 Lenovo Group Limited
    • 6.1.8 Fujitsu Limited
    • 6.1.9 Oracle Corporation
    • 6.1.10 Seagate Technology LLC
  • *List Not Exhaustive

7. INVESTMENT ANALYSIS

8. MARKET OPPORTUNITIES AND FUTURE TRENDS

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South Korea Data Center Storage Industry Segmentation

Data center storage refers to the devices, hardware, networking equipment, and software technologies that enable the storage of data and applications within data center facilities. It is used to store, manage, retrieve, distribute, and back up digital information within data center facilities.

The South Korean Data Center Storage Market 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 Users (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.

Storage Technology Network Attached Storage (NAS)
Storage Area Network (SAN)
Direct Attached Storage (DAS)
Other Technologies
Storage Type Traditional Storage
All-Flash Storage
Hybrid Storage
End-User IT & Telecommunication
BFSI
Government
Media & Entertainment
Other End-User
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South Korea Data Center Storage Market Research FAQs

How big is the South Korea Data Center Storage Market?

The South Korea Data Center Storage Market size is expected to reach USD 1.23 billion in 2025 and grow at a CAGR of 11.61% to reach USD 2.13 billion by 2030.

What is the current South Korea Data Center Storage Market size?

In 2025, the South Korea Data Center Storage Market size is expected to reach USD 1.23 billion.

Who are the key players in South Korea Data Center Storage Market?

Dell Inc., Hewlett Packard Enterprise, NetApp Inc., Huawei Technologies Co. Ltd. and Hitachi Vantara LLC are the major companies operating in the South Korea Data Center Storage Market.

What years does this South Korea Data Center Storage Market cover, and what was the market size in 2024?

In 2024, the South Korea Data Center Storage Market size was estimated at USD 1.09 billion. The report covers the South Korea Data Center Storage Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the South Korea Data Center Storage Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

South Korea Data Center Storage Industry Report

Statistics for the 2025 South Korea Data Center Storage market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South Korea Data Center Storage analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.