Korea’s digital ascendency has been a long time coming, but can it be sustained?
South Korea has some of the fastest local Internet speeds in the world and with almost 90% of the population having access, and also known as the global leading country with a prosperous digital future with its great IT infrastructure and its continuous innovations in 5G, IoT, AI, etc.
Recently, South Korea is seeing a sharp increase in data center investments from global tech giants and data centre providers, with even more expected from the mounting requirements brought by the demand for cloud services and mobile technology.
South Korea is regarded as one of the top five leading data center revenue generators for APAC, which along with the other top generators, will deliver 32 billion dollars in revenue by 2023. Moreover, the size of the Korean cloud service market is also expected to exceed 3 trillion won in 2021 after exceeding $16.5 billion last year.
If you want to learn more about how domestic and international companies are taking advantage of Korea’s lucrative Cloud and Data Center market, join W.Media along with 300+ IT professionals as we dive in to all the current innovations and future trends you need to know!