AI TRENDS | Gartner Forecasts Neo Cloud Providers Will Hold 20% of AI Cloud Market by 2030

Gartner forecast that neo cloud providers will account for 20% of the AI cloud market by 2030, equal to $267 billion. According to Odaily, the report said neo cloud providers are differentiating themselves through performance, flexible AI workload deployment, and a strong focus on data sovereignty, while also offering more competitive pricing. The report said the AI cloud market is entering a new stage in which sovereignty, performance, and infrastructure specialization are becoming key factors in enterprise decisions. It also said demand for GPU-intensive workloads is rising quickly, while traditional cloud models are struggling to keep pace, creating conditions for neo cloud providers to deliver AI infrastructure at scale.