Cloud-based Quantum Computing Market by Offering, Technology (Trapped Ions, Quantum Annealing, Superconducting Qubits), Application (Optimization, Simulation and Modeling, Sampling, Encryption), Vertical and Region ? Global Forecast to 2028 The cloud-based quantum computing market is projected to grow from USD 798 million in 2023 to USD 4,063 million by 2028, at a CAGR of 38.5 %. The increasing accessibility of quantum computers using cloud technology drives the market growth. The rapid digitalization across several countries is also projected to fuel market development in the coming years.