The South Korea data center server market reached a value of USD 2.6 billion in the previous years, and it is further projected to register a CAGR of 8.4% during the forecast period. The increasing demand for cloud computing among (small and medium-sized enterprises) 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/region.
South Korea data center server market is consolidated among the players and has gained a competitive edge in recent years. A few major players are Hewlett Packard Enterprise, Dell Inc., IBM Korea Inc., and others. These major players with a prominent market share focus on expanding their customer base across the region. These companies leverage strategic collaborative initiatives to increase their market share and profitability.
In July 2023, Supermicro, Inc. announced several new servers to its already broad application-optimized product line. These new servers incorporate the new AmpereOne CPU, with up to 192 single-threaded cores and up to 4 TB of memory capacity. Applications such as databases, telco edge, web servers, caching services, media encoding, and video gaming streaming will benefit from increased cores, faster memory access, higher performance per watt, scalable power management, and the new cloud security features.
In October 2022, Inspur Information announced its Korean subsidiary built an advanced artificial intelligence (AI) server architecture platform for Upstage, one of the prominent AI companies based in Korea. A single machine is capable of delivering 5 Petaflops of AI performance, which is key to why Inspur solutions were selected by Upstage.
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