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The Cloud-based Quantum Computing Market is experiencing rapid growth, with a projected Compound Annual Growth Rate (CAGR) of 38.5% by 2030. Quantum computing, with its unparalleled processing power, is revolutionizing industries by solving complex problems that were previously unsolvable with classical computing methods. Cloud-based quantum computing enables organizations to explore and harness the potential of quantum algorithms for tasks such as optimization, cryptography, and machine learning. Challenges such as maintaining qubit coherence and error correction remain significant hurdles, but advancements in quantum technology and ongoing research efforts are driving the market forward.
