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Public Cloud - South Korea
South KoreaHighlights
Market definition
In-Scope/Out-of-scope
Market structure
Reports
Methodology
- In South Korea, revenue in the Public Cloud market is projected to reach US$11.99bn in 2025.
- The Software as a Service market dominates this market within the country, with a projected market volume of US$4.49bn in 2025.
- Revenue in South Korea is expected to exhibit an annual growth rate (CAGR 2025-2029) of 17.31%, leading to a market volume of US$22.71bn by 2029.
- In a global context, the majority of revenue will be generated the United States, amounting to US$466.06bn in 2025.
- In South Korea, the Public Cloud market is experiencing significant growth as enterprises increasingly adopt cloud solutions to enhance digital transformation initiatives.
- Key regions:
- United States,
- Germany,
- China,
- Japan,
- United Kingdom
Definition:
A public cloud is defined as the digital infrastructure and computing resources that are managed by a service provider. Examples of public cloud computing resources include virtual machines, storage, and services, all of which are available for purchase with flexible (e.g., pay as you go and subscription) business models. Such payment options make it possible for customers to access, scale, and utilize resources as needed. Public cloud solutions make it possible for users to save on IT costs, increase their efficiency, and take advantage of advanced technologies without having to invest in long-term IT solutions. Public cloud service providers own and maintain the physical infrastructure, hardware, and software. Users only need to pay for the computing resources that they require. The Public Cloud market refers to the companies that provide these cloud computing resources and services to individuals, businesses, and organizations.
Structure:
The Public Cloud market is structured into five markets based on the type of service models provided by the companies.
- The Infrastructure as a Service (IaaS) market covers the resources and services related to the data center infrastructure.
- The Platform as a Service (PaaS) market covers the resources and services related to the virtual environments used for software development.
- The Software as a Service market (SaaS) market covers the resources and services related to software applications that can be accessed via a web browser.
- The Business Process as a Service (BPaaS) market covers the resources and services related to the various business processes such as finance and accounting, human resources, customer service, and supply chain management, all delivered through the cloud.
- The Desktop as a Service (DaaS) market covers the resources and services related to virtual desktop environments, which are accessible from any device with an internet connection.
Additional Information:
The public cloud market comprises revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.
Key players of the public cloud market include companies such as Amazon (Amazon web services), Microsoft (Azure), Google (Cloud), and IBM (Cloud).
For more information on the data displayed, use the info button right next to the boxes.
In-Scope
- Infrastructure-as-a-Service (IaaS), such as Amazon Elastic Compute Cloud (EC2), Azure IaaS, Google Compute Engine (GCE), Alibaba Cloud ECS, and Oracle Cloud Infrastructure
- Platform-as-a-Service (PaaS), such as Heroku, AWS Elastic Beanstalk, Google App Engine, Microsoft Azure App Service, and IBM Cloud Foundry
- Software-as-a-Service (SaaS), such as Google Workspace, Microsoft 365, Salesforce, Zoom, and Slack
- Business-Process-as-a-Service (BPaaS), such as payroll management and accounting solutions via ADP Workforce Now, Intuit QuickBooks Online, Workday, and Oracle NetSuite
- Desktop-as-a-Service (DaaS), such as Amazon WorkSpaces, Microsoft Windows Virtual Desktop, VMware Horizon Cloud, and Citrix Virtual Apps and Desktops
- Disaster Recovery as a Service (DRaaS) such as Amazon Web Services (AWS) Disaster Recovery, and Microsoft Azure Site Recovery
Out-Of-Scope
- Private cloud services, such as IBM Cloud Private, Microsoft Azure Stack HCI, and VMware vCloud Suite
- Physical data centers, such as Dell PowerEdge Servers, Lenovo Think System Servers, and HPE ProLiant Servers
