According to our new research study on “DNA Digital Data Storage Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Sequencing, Application and End User” the market is expected to grow from US$ 57.81 million in 2021 to US$ 1,761.49 million by 2028, it is estimated to grow at a CAGR of 62.9% during 2021–2028. Factors driving the growth of the market are the presence of DNA digital data storage service providers and investments and innovation in DNA data storage.
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Various healthcare organizations are energetically involved in activities related to DNA data storage. Evonetix, Molecular Assemblies, DNA Script, Helixworks Technologies, Kilobaser, and Synthomics are among the startups working on DNA data storage. The US has various players operating in the global DNA digital data storage market. Also, Agilent Technologies Inc., CATALOG, and Microsoft Corporation are a few international companies offering their products and services across the country. Owing to the rising popularity and application of DNA digital data storage, market players are exploring potential opportunities by adopting organic and inorganic business strategies. For instance, in April 2021, PFU America Inc. (PFU) collaborated with the DNA Data Storage Alliance, directed by Twist Bioscience Corporation, Illumina Inc., Western Digital, and Microsoft. PFU is actively promoting digital transformation worldwide. Thus, the presence and active involvement of market players are propelling the adoption of DNA digital storage, further driving the growth of the DNA digital data storage market.
Illumina, Inc.; Twist Bioscience; Agilent Technologies, Inc.; Molecular Assemblies; Quantum Corporation; CATALOG; Microsoft Corporation; Iridia, Inc.; DNA Script; and Evonetix; are among the leading companies operating in the DNA Digital Data Storage market.
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DNA Digital Data Storage Market, by Region, 2021 (%)
Based on sequencing, DNA digital data storage market is segmented into synthesis sequencing, ion semiconductor sequencing, chain termination sequencing, ligation sequencing, nanopore sequencing. Based on application the market is segmented into diagnostic research, personalized medicine, and others. Based on end user, the market is segmented into academics and research institutes, pharmaceutical and biotechnology companies, hospitals and clinics, and others. By geography, the market is segmented into North America (the US, Canada, and Mexico), Europe (France, Germany, the UK, Spain, Italy, and the Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, and the Rest of APAC), Middle East & Africa (Saudi Arabia, the UAE, South Africa, and the Rest of MEA), and South and Central America (Brazil, Argentina, and the Rest of SCAM).
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