Cloud-Based Quantum Computing Market Report 2026

The cloud-based quantum computing market size has grown exponentially in recent years. It will grow from $0.86 billion in 2025 to $1.11 billion in 2026 at a compound annual growth rate (CAGR) of 29.4%. The growth in the historic period can be attributed to early-stage investments in quantum research, growth of cloud computing ecosystems, increasing interest from academic institutions, availability of experimental quantum hardware, collaboration between technology providers and researchers.

The cloud-based quantum computing market size is expected to see exponential growth in the next few years. It will grow to $2.68 billion in 2030 at a compound annual growth rate (CAGR) of 24.7%. The growth in the forecast period can be attributed to increasing commercialization of quantum applications, rising demand from bfsI and healthcare sectors, expansion of quantum-ready cloud ecosystems, growing government funding for quantum initiatives, advancements in quantum error correction. Major trends in the forecast period include increasing availability of quantum computing as a service, rising adoption of hybrid quantum-classical workflows, growing focus on quantum algorithm development, expansion of cloud-based quantum development platforms, enhanced access to quantum hardware resources.

The increasing proliferation of startups is anticipated to drive the growth of the cloud-based quantum computing market. Startups, characterized by innovation, growth potential, and a focus on disruptive technologies or business models, are on the rise due to shifting consumer behaviors, urbanization, sustainability concerns, and the widespread adoption of cloud computing and software-as-a-service (SaaS). Cloud-based quantum computing offers startups the tools, resources, and support necessary to leverage quantum technology and foster innovation, empowering them to compete more effectively in the market and achieve sustainable growth. For instance, in February 2024, according to Startups. Co, new business establishments experienced a significant surge in 2023, rising by 19.5% with 39,966 new entities, marking a 6.5% increase compared to the same period in 2022. This growth contrasts with the modest 2% year-on-year rise in overall incorporations last year, totaling 778,219 in 2022. Consequently, the burgeoning number of startups is propelling the expansion of the cloud-based quantum computing market.

Companies operating in the cloud-based quantum computing market are enhancing their cloud solutions with hybrid quantum-classical programming tools to improve performance, scalability, and reliability. Hybrid quantum-classical programming tools are software frameworks, libraries, or languages designed to facilitate the development of applications leveraging both classical and quantum computing resources. For instance, Nvidia Corporation, a US-based developer of graphics processing units, introduced the CUDA-Q quantum computing platform. CUDA-Q is an open-source platform enabling seamless integration and programming of quantum processing units (QPUs), GPUs, and CPUs, streamlining the development of hybrid quantum-classical applications through a unified programming model supporting C++ and Python. It enables users to develop and test new quantum algorithms and applications in the cloud, including powerful simulators and tools for hybrid quantum-classical programming. NVIDIA Quantum Cloud supports scientific exploration in quantum computing by breaking down barriers and delivering powerful capabilities and third-party software integrations, such as the Generative Quantum Eigensolver and Classiq's CUDA-Q integration.

In September 2025, IonQ Inc., a U.S.-based quantum computing and networking technology company, acquired Oxford Ionics for an undisclosed amount. Through this acquisition, IonQ aims to significantly accelerate its path toward large-scale, fault-tolerant quantum systems by integrating its existing technology stack with Oxford Ionics’ advanced ion-trap-on-chip technology. Oxford Ionics Ltd is a UK-based quantum technology company that specializes in and provides cloud-based quantum computing services.

Major companies operating in the cloud-based quantum computing market are Amazon.com Inc., Google LLC, Microsoft Corporation, Accenture plc, International Business Machines Corporation (IBM), Honeywell International Inc., Fujitsu Limited, Toshiba Corporation, PsiQuantum Corporation, Quantum Machines Ltd., Xanadu AI Limited, Super.tech, Zapata Computing Inc., Riverlane Limited, Q-CTRL Pty. Ltd., Rigetti & Co Inc. (Rigetti Computing), Cambridge Quantum Computing Limited, Seeqc Inc., Atos SE, D-Wave Systems Inc., QC Ware Corp., Quantum Benchmark Inc., Quantum Circuits Inc., Quantum Computing Inc.

North America was the largest region in the cloud-based quantum computing market in 2025. The regions covered in the cloud-based quantum computing market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cloud-based quantum computing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Tariffs are affecting the cloud-based quantum computing market by increasing costs of imported cryogenic systems, quantum processors, specialized semiconductors, and high-precision measurement equipment. North America and Europe are most impacted due to reliance on globally sourced quantum hardware components, while Asia-Pacific faces higher production and export costs. These tariffs contribute to higher infrastructure and service costs for quantum providers. However, they are also driving domestic manufacturing initiatives, regional research collaborations, and long-term investments in localized quantum hardware ecosystems.

The cloud-based quantum computing market research report is one of a series of new reports that provides cloud-based quantum computing market statistics, including cloud-based quantum computing industry global market size, regional shares, competitors with a cloud-based quantum computing market share, detailed cloud-based quantum computing market segments, market trends and opportunities, and any further data you may need to thrive in the cloud-based quantum computing industry. This cloud-based quantum computing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Cloud-based quantum computing involves leveraging quantum computing resources and services accessible through cloud computing platforms. This approach allows organizations and individuals to harness the capabilities of quantum computers for experimentation, development, and execution of quantum algorithms and applications, without requiring significant upfront investment in hardware or infrastructure.

The primary types of solutions for cloud-based quantum computing consist of software and services. Cloud-based quantum computing software encompasses platforms or services enabling users to remotely access and utilize quantum computing resources via the internet. These solutions may utilize various quantum technologies such as trapped ions, quantum annealing, and superconducting qubits. They find application across diverse domains including optimization, simulation and modeling, sampling, and are utilized by verticals such as aerospace and defense, banking, financial services, and insurance, healthcare, automotive, energy and power, chemical, government, among others.

The cloud-based quantum computing market consists of revenues earned by entities by providing services such as quantum circuit simulation, hybrid quantum-classical computing, quantum application deployment, quantum networking and communication, quantum education and training, and consulting and support services. The market value includes the value of related goods sold by the service provider or included within the service offering. The cloud-based quantum computing market also includes sales of products including quantum error correction software, quantum application deployment platforms, quantum algorithm development tools, and quantum error correction tools. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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