Gartner Predicts Neocloud Providers Will Capture 20% of the $267 Billion AI Cloud Market by 2030
By 2030, neocloud providers will capture 20% of the $267 billion AI cloud market, according to Gartner, Inc., a business and technology insights company. “Neocloud” refers to cloud providers built specifically for AI and high-performance workloads.
The rapid growth of GenAI is creating unprecedented demand for GPU-intensive computing, accelerating investment in localized, high-performance infrastructure and exposing the limitations in traditional cloud models. Neoclouds are challenging the dominance of hyperscalers by focusing on AI-optimized infrastructure.
“While U.S. hyperscalers are launching their own sovereign offerings, a new wave of specialized neocloud providers are gaining significant traction,” said Enrique Castera, Sr Director Analyst at Gartner. “These neoclouds are differentiated by their focus on AI-optimized infrastructure and high-performance workloads. Some also focus on sovereign cloud capabilities, ensuring data and operations remain within specific jurisdictions. Sovereign neoclouds provide contractual guarantees that some or all aspects of the cloud environment, such as data, operations, and ...
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