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We consider functions in countably normed Sobolev spaces with radial weights and analytic- or Gevrey-type control of weighted semi-norms. Several classes of boundary value and eigenvalue problems from science and engineering are discussed whose solutions belong to the countably normed spaces. It is shown that quantized, tensor-structured approximations of functions in these classes exhibit tensor ranks bounded polylogarithmically with respect to the accuracy \u03b5<\/jats:italic> \u2208 (0,1) in the Sobolev space H<\/jats:italic>1<\/jats:sup>. We prove exponential convergence rates<\/jats:italic> of three specific types of quantized tensor decompositions: quantized tensor train (QTT), transposed QTT and Tucker QTT. In addition, the bounds for the patchwise decompositions are uniform with respect to the position of the point singularity. An auxiliary result of independent interest is the proof of exponential convergence of hp<\/jats:italic>-finite element approximations for Gevrey-regular functions with point singularities in the unit cube Q<\/jats:italic> = (0,1)3<\/jats:sup>. Numerical examples of function approximations and of Schr\u00f6dinger-type eigenvalue problems illustrate the theoretical results.<\/jats:p>","DOI":"10.1007\/s10444-022-09925-7","type":"journal-article","created":{"date-parts":[[2022,4,14]],"date-time":"2022-04-14T12:02:45Z","timestamp":1649937765000},"update-policy":"http:\/\/dx.doi.org\/10.1007\/springer_crossmark_policy","source":"Crossref","is-referenced-by-count":4,"title":["Tensor rank bounds for point singularities in \u211d3"],"prefix":"10.1007","volume":"48","author":[{"ORCID":"http:\/\/orcid.org\/0000-0002-0313-5387","authenticated-orcid":false,"given":"C.","family":"Marcati","sequence":"first","affiliation":[]},{"given":"M.","family":"Rakhuba","sequence":"additional","affiliation":[]},{"given":"Ch.","family":"Schwab","sequence":"additional","affiliation":[]}],"member":"297","published-online":{"date-parts":[[2022,4,14]]},"reference":[{"key":"9925_CR1","unstructured":"Ali, M., Nouy, A.: Approximation with tensor networks. 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