39%
15% YoY
#2
Summary
- Modal ranks #2 within the Neocloud category, maintaining its position month-over-month.
- As of October 2026, 39% of organizations who have a vendor in the Neocloud category use Modal: up 15 percentage points from last year.
- Modal has the highest adoption among micro-SMB companies (42%), compared to small-to-medium businesses (40%), mid-market (32%), and enterprise (39%).
- Modal key capabilities include serverless GPU compute, auto-scaling infrastructure, and containerized function deployment, supporting scalable AI model hosting and inference workloads.
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Key stats
39%
15% YoY
Mid-Market, 35%
34%
17%
#2
#2
Adoption Rates by company size
| Company size | Adoption rate |
|---|---|
| SMB | 40% |
| Mid-market | 32% |
| Enterprise | 39% |
About Modal
Modal is a serverless platform that makes it easy to run compute-intensive workloads including AI inference and training in the cloud.
About this data
These insights come from Ramp’s procurement and renewal data, built on real-world transactions observed across our platform. Figures represent aggregated observations from Ramp Procurement and Renewals activity.
| Date | New adopter share | Competitor switch rate | Dominant FTE segment | Adoption rate (Enterprise) | Adoption rate (Mid-Market) | Adoption rate (SMB) |
|---|---|---|---|---|---|---|
| Sep 2026 | 34% | 17% | Mid-Market, 35% | 39% | 32% | 40% |
| Aug 2026 | 32% | 17% | Mid-Market, 34% | 44% | 32% | 38% |
| Jul 2026 | 31% | 17% | Mid-Market, 38% | 42% | 30% | 37% |
| Jun 2026 | 25% | 17% | Mid-Market, 39% | 40% | 30% | 36% |
| May 2026 | 33% | 16% | Mid-Market, 38% | 40% | 31% | 36% |
| Apr 2026 | 31% | 16% | Mid-Market, 40% | 37% | 28% | 34% |
| Mar 2026 | 32% | 17% | Mid-Market, 37% | 31% | 26% | 33% |
| Feb 2026 | 36% | 15% | Mid-Market, 36% | 31% | 24% | 31% |
| Jan 2026 | 37% | 14% | Enterprise, 37% | 33% | 22% | 28% |
| Dec 2025 | 17% | 13% | Enterprise, 40% | 31% | 20% | 26% |
| Nov 2025 | 24% | 12% | Enterprise, 42% | 31% | 17% | 26% |
| Oct 2025 | 19% | 11% | Enterprise, 39% | 36% | 17% | 25% |
| Sep 2025 | 18% | 10% | Enterprise, 42% | 29% | 16% | 25% |
| Aug 2025 | 17% | 10% | Enterprise, 39% | 29% | 13% | 25% |
| Jul 2025 | 27% | 9% | Enterprise, 43% | 21% | 11% | 25% |
| Jun 2025 | 12% | 9% | SMB, 43% | 20% | 8% | 24% |
| May 2025 | 21% | 9% | SMB, 44% | 14% | 10% | 24% |
| Apr 2025 | 12% | 10% | SMB, 43% | 15% | 8% | 25% |
| Mar 2025 | 18% | 11% | SMB, 40% | 15% | 9% | 26% |
| Feb 2025 | 24% | 13% | SMB, 38% | 18% | 11% | 25% |
| Jan 2025 | 11% | 13% | Enterprise, 39% | 18% | 11% | 24% |
| Dec 2024 | 29% | 16% | Enterprise, 38% | 22% | 12% | 24% |
| Nov 2024 | 19% | 18% | Enterprise, 39% | 25% | 15% | 23% |
| Oct 2024 | 23% | 13% | SMB, 39% | 25% | 14% | 24% |
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