Data storage

Global DNA Digital Data Storage Market Forecast Report 2021-2028 – Growing Demand for Long Term Data Storage and Growing Applications of DNA Data Storage – ResearchAndMarkets.com | Business

DUBLIN–(BUSINESS WIRE)–April 25, 2022–

The “DNA Digital Data Storage Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Sequencing; Application; End User, and Geography” report has been added to ResearchAndMarkets.com’s offering.

The DNA Digital Data Storage 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 61.29% over the period 2021-2028.

In recent years, advances in DNA digital data storage products have been making headlines. The DNA digital data storage market can alter biological research and have a significant impact on human health, food safety, and environmental sustainability because they are accurate, relatively inexpensive, easy to use, and remarkably powerful.

Various healthcare organizations are actively 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 United States has various players operating in the global DNA digital data storage market. Also, Agilent Technologies Inc., CATALOG and Microsoft Corporation are some international companies offering their products and services across the country.

Due to the growing popularity and application of DNA digital data storage, market players are exploring the potential opportunities by adopting organic and inorganic business strategies.

For example, in April 2021, PFU America Inc. (PFU) collaborated with the DNA Data Storage Alliance, led by Twist Bioscience Corporation, Illumina Inc., Western Digital, and Microsoft. PFU actively promotes digital transformation around the world.

Thus, the presence and active involvement of market players is propelling the adoption of DNA digital storage, further driving the growth of the DNA digital data storage market.

Key market dynamics

Market factors

  • Presence of DNA digital data storage service providers
  • Investments and innovation in DNA data storage

Market constraints

  • Availability of alternatives

Market opportunities

  • Increase in DNA data storage applications

Future trends

  • Growing demand for long-term data storage

Company Profiles

  • Illumina, Inc.
  • Twist Biosciences
  • Agilent Technologies, Inc.
  • Molecular assemblies
  • quantum society
  • CATALOG
  • Microsoft Corporation
  • Iridia, Inc.
  • F. HOFFMANN-LA ROCHE LTD
  • DNA script
  • Evonetix

For more information about this report visit https://www.researchandmarkets.com/r/mbe1pd

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220425005419/en/

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INDUSTRY KEYWORD: GENE TECHNOLOGY HEALTH DATA MANAGEMENT

SOURCE: Research and Markets

Copyright BusinessWire 2022.

PUBLISHED: 04/25/2022 04:35 AM/DISC: 04/25/2022 04:36 AM

http://www.businesswire.com/news/home/20220425005419/en

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