Austin, Oct. 21, 2025 (GLOBE NEWSWIRE) — The Quantum Computing-as-a-Service (QCaaS) Market Size was valued at USD 4.35 Billion in 2025E and is projected to reach USD 74.36 Billion by 2033, growing at a CAGR of 42.60% during 2026–2033.
Rapid development of quantum processors, growing enterprise interest, surge in demand for solving complex problems are promoting market growth globally. The QCaaS market growth is also driven by the rising demand for cloud-based quantum computing across enterprises and research institutions globally.
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The U.S. QCaaS Market is projected to grow from USD 1.43 Billion in 2025E to USD 22.18 Billion by 2033, at a CAGR of 40.92%.
The U.S. Market’s growth is driven by enterprise adoption, cloud-based deployments, and investments in quantum hardware and software, particularly across IT, finance, and healthcare sectors.
Key Players:
- IBM Quantum
- Amazon Web Services (AWS) – Braket
- Microsoft Azure Quantum
- Google Quantum AI
- D-Wave Quantum
- IonQ
- Rigetti Computing
- Honeywell Quantum Solutions
- Intel Corporation
- Xanadu
- PASQAL
- PsiQuantum
- Atos SE
- QC Ware
- Multiverse Computing
- Strangeworks
- Riverlane
- Quantum Machines
- Q-Ctrl
- Qiskit (IBM’s open-source quantum software)
Quantum Computing-as-a-Service (QCaaS) Market Report Scope:
• By Service Type (Quantum Hardware Access, Quantum Software & Algorithms, Quantum Development Tools)
• By End User / Industry (IT & Telecom, BFSI, Healthcare & Life Sciences, Automotive, Government & Defense, Academia & Research)
• By Industry Application (Optimization, Simulation & Modeling, Cryptography & Security, Drug Discovery, Financial Modeling, Others)
• By Pricing Model (Subscription-Based, Pay-per-Use, Enterprise Licensing)
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Segmentation Analysis:
By Deployment Type — Public Cloud & Hybrid Cloud
Public Cloud captured 52.78% of the market in 2025 owing to its lower upfront cost, easy scalability, and ready access to quantum computing resources through major hyperscalers, which minimize the need for in-house quantum infrastructure. Hybrid Cloud is projected to grow at the fastest CAGR of 47.86% driven by rising enterprise needs to balance latency, data sovereignty, and security, keeping sensitive datasets on-prem while leveraging the cloud for quantum acceleration.
By Service Type — Quantum Hardware Access & Quantum Development Tools
Quantum Hardware Access dominated with a 46.15% share in 2025 as enterprises, research institutions, and startups increasingly rely on cloud-based access to expensive quantum devices rather than owning them. Quantum Development Tools is projected to expand at the fastest CAGR of 48.09% due to the rising need for SDKs, simulators, and middleware that simplify coding, lower barrier to entry, and enable hybrid quantum-classical workflow development.
By End User — IT & Telecom & Healthcare & Life Sciences
IT & Telecom held the highest share of 38.66% in 2025 as the sector is among the earliest adopters testing quantum for network optimization, cryptography, secure communications, and computational acceleration in cloud platforms. Healthcare & Life Sciences is expected to record the fastest CAGR of 50.17% driven by breakthrough applications in protein folding, molecular modeling, and clinical trial optimization.
By Industry Application — Optimization & Drug Discovery
Optimization accounted for the largest share of 42.44% in 2025, driven by wide applicability across logistics, portfolio structuring, energy grids, traffic routing, and supply chain orchestration, where quantum delivers faster, more efficient solutions versus classical heuristics. Drug Discovery is projected to grow fastest at a CAGR of 53.24% due to quantum’s ability to simulate molecular interactions at unprecedented precision, cutting R&D timelines and costs.
By Pricing Model — Subscription-Based & Pay-per-Use
Subscription-Based held a dominant 51.22% share as enterprises prefer predictable recurring pricing for continuous access to toolchains, simulators, and learning environments. Pay-per-Use is estimated to grow at the fastest CAGR of 48.45% as early-stage adopters, startups, and R&D units increasingly choose consumption-based models to minimize costs on sporadic workloads.
Regional Insights:
The North America QCaaS Market dominated with 45.32% of the share in deployment due to IT & telecom, finance, and healthcare sectors in 2025. Expansion is driven by rising investment in quantum hardware, new forms of algorithms, growing hybrid quantum computing ecosystem and partnerships with academic and research organizations throughout the U.S. and Canada.
The Asia Pacific QCaaS market is fast-growing at a CAGR of 46.56% over the forecast period, propelled by the adoption of these services in China, Japan, and India.
Recent Developments:
- In June 2025, IBM unveiled plans to build the world’s first large-scale, fault-tolerant quantum computer at its new data center in Poughkeepsie, New York, marking a significant milestone in quantum computing development.
- In July 2025, AWS Braket launched a 54-qubit superconducting quantum processor, named Emerald, providing customers with higher fidelity gates and full square lattice connectivity for advanced quantum computations.
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Exclusive Sections of the Report (The USPs):
- INVESTMENT & FUNDING INTENSITY METRICS – helps you assess capital confidence in the QCaaS ecosystem by tracking the annual number of VC deals in QCaaS startups, funding volume growth for providers, and the R&D expenditure commitment of leading quantum vendors.
- PROJECT COMMERCIALIZATION & APPLICATION SUCCESS METRICS – helps you evaluate market maturity by analyzing live QCaaS deployments across simulation, optimization, and cryptography, benchmarking the % of projects achieving ROI or performance targets, and tracking application-level growth in new use-cases like drug discovery and climate modeling.
- QUANTUM TALENT & SKILL AVAILABILITY INDEX – helps you measure execution feasibility by mapping the number of certified quantum developers, regional workforce growth rates, and the share of enterprises reporting quantum talent shortages, indicating potential bottlenecks in scaling deployments.
- CUSTOMER ADOPTION & UTILIZATION BEHAVIOR ANALYTICS – helps you decode real usage patterns by quantifying repeat vs. new QCaaS clients, identifying dominant workloads (simulation/optimization/cryptography/drug discovery), and evaluating average quantum project density per enterprise.
- COMPETITIVE LANDSCAPE & STRATEGIC POSITIONING – helps you gauge provider strength through analysis of market reach, platform depth, funding vs. R&D correlation, application portfolio focus, and recent commercial partnerships or technology integrations that influence future capture potential.
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