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Seoul Data Center Market Report

Chloe Kwon • 04/03/2025

In 2H 2024, data center development in the Greater Seoul Area (GSA) accelerated compared to the first half, with new projects shifting from Southwestern Seoul to the Incheon/Bucheon cluster. Additionally, global investor participation expanded, leading to key transactions and investments, including Macquarie Infrastructure's completion of the Hanam IDC acquisition. Furthermore, the mandatory Zero Energy Building (ZEB) certification and enhanced Personal Information Protection Act (PIPA) regulations are expected to drive structural changes in the data center industry.

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Chloe Kwon

Assistant Manager
Korea, Republic of

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