Gartner predicts neocloud vendors will capture 20% of the AI cloud market by 2030

Gartner forecasted that specialized neocloud providers will account for one-fifth of the global Artificial Intelligence cloud market by 2030 as demand for AI infrastructure, data sovereignty and high-performance computing continues to accelerate. By 2030, neocloud vendors will capture 20% of the cloud market for Artificial Intelligence (AI), estimated at US$267 billion, according to Gartner. The rapid growth of Generative Artificial Intelligence (GenAI) is creating unprecedented demand for compu