In the domestic public cloud market, full-service providers equipped with software (SW) and artificial intelligence (AI) capabilities, going beyond simple infrastructure provision, are reshaping the market landscape. According to the “Korea Public Cloud Services Market Share” report released on the 12th by market research firm IDC, revenue in the Korean cloud market in 2024 was recorded at KRW 6,237.0 billion.

Amazon Web Services (AWS) maintained first place with a 22.0% share, while Samsung SDS ranked second with 11.3% (KRW 703.0 billion), overtaking Microsoft (MS, 9.6%). This is the highest figure among domestic companies, excluding global providers. Naver (5.0%) and KT (2.0%) followed.

Samsung SDS grew 29.4% year-on-year, posting the highest growth rate among major cloud providers. Its high growth is analyzed as being driven by diversification of its business structure, including Samsung Cloud Platform (SCP) and the generative AI platform “FABRUX.”

Popular News