QCaaS Market to Hit $151.25 Billion by 2035 as Growth Runs at 42.6% CAGR
Updated
Updated · GlobeNewswire · Jul 21
QCaaS Market to Hit $151.25 Billion by 2035 as Growth Runs at 42.6% CAGR
2 articles · Updated · GlobeNewswire · Jul 21
Summary
$151.25 billion is the projected size of the quantum computing-as-a-service market by 2035, up from $4.35 billion in 2025, according to the new industry forecast.
42.6% annual growth is being driven by demand for lower-cost, cloud-based quantum access that lets companies run research, optimization and simulation workloads without building their own infrastructure.
52% of the 2025 market came from public-cloud deployments, while quantum hardware access led service types with a 44% share; subscription pricing accounted for 58% of revenue.
North America held a 45.32% share in 2025, with the U.S. expected to grow from $2.02 billion in 2026 to $44.16 billion by 2035, while Asia-Pacific is forecast to expand fastest at a 46.56% CAGR.
Enterprise adoption is broadening across finance, healthcare, manufacturing and logistics, with healthcare and life sciences and drug discovery flagged as the fastest-growing end-market uses.