DNA Data Storage Market by Storage Methodology, Application, End-Use Industry

Description

List of Tables

[189 Pages Report] The DNA Data Storage Market size was estimated at USD 428.85 million in 2023 and expected to reach USD 613.22 million in 2024, at a CAGR 44.02% to reach USD 5,512.98 million by 2030.

Global DNA Data Storage Market

KEY MARKET STATISTICS
Base Year [2023]	USD 428.85 million
Estimated Year [2024]	USD 613.22 million
Forecast Year [2030]	USD 5,512.98 million
CAGR (%)	44.02%

DNA data storage emerges as one of the futuristic technologies categorized by the process of storing digital data in the synthetic DNA used in genetics. It is capable of storing data with minimal space utilization, where information can later be retrieved using next-generation sequencers and bioinformatics. DNA data storage has far-reaching applications across various industries such as healthcare, IT & telecom, media & entertainment, and more due to its unique advantages over conventional data storage methodologies. It is highly appealing for long-term data archiving, while the compactness of DNA allows for extensive data storage in limited physical space. The rise in demand for high-density data storage and the growth in digital data are expanding the scope of DNA data storage. Furthermore, growing interest from researchers, investors, and businesses worldwide makes its purpose more widespread. However, the high costs associated with DNA synthesis and the need for advanced technologies are the barriers to market growth. Innovation and research focused on developing cost-efficient synthesis techniques and faster data encoding and decoding methodologies are expected to create an opportunistic landscape for the market.

Regional Insights

In the Americas region, the U.S. depicts strong growth for the DNA data storage market in the face of innovation and adoption, with several major companies and research institutions getting involved in this emergent field. Increasing investment from tech giants leading to patent filing is increasing the application in the region. The EMEA region is witnessing growth in the DNA data storage market primarily due to substantial research and development activities in genomics and proteomics. Europe significantly contributes with its strong biomedical research environment & in MEA, the digitalization trend and emphasis on data security amidst geopolitical tensions is fostering the demand for innovative data storage solutions such as DNA storage. Furthermore, increasing investments by the European Union and private enterprises for technological advancements in data storage are paving the way for growth in this niche market. DNA data storage market in the Asia Pacific region is gradually picking up pace in the face of significant investments from major economies, considering biotechnologies and substantial progress in research to attract a sizable consumer base. Further, thriving IT and biotechnology sectors in the region are expected to create an opportunistic landscape for the market.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the DNA Data Storage Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the DNA Data Storage Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the DNA Data Storage Market, highlighting leading vendors and their innovative profiles. These include Agilent Technologies, Inc, Beckman Coulter, Inc., BGI Group, Cache DNA Inc, Catalog Technologies, Inc., DNA Script, Eurofins Scientific SE, Evonetix Ltd, F. HOFFMANN-LA ROCHE LTD., Genomic Storage Solutions, Helixworks Technologies, Ltd., Illumina, Inc., Iridia, Inc., Kilobaser GmbH., Micron Technology, Inc., Microsoft Corporation, Molecular Assemblies Inc., Oxford Nanopore Technologies plc, Quantum Corporation, Seagate Technology Holdings plc, Siemens AG, Synbio Technologies, Thermo Fisher Scientific Inc., Twist Bioscience Corporation, and Zymo Research Corporation.

Market Segmentation & Coverage

This research report categorizes the DNA Data Storage Market to forecast the revenues and analyze trends in each of the following sub-markets:

Storage Methodology
- Reading and Writing Techniques
- Synthetic DNA Storage
Application
- Archival Storage
- Big Data Storage
- Secure Data Storage
End-Use Industry
- Government and Defense
- Healthcare & Life Sciences
- Information Technology
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the DNA Data Storage Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the DNA Data Storage Market?

3. What are the technology trends and regulatory frameworks in the DNA Data Storage Market?

4. What is the market share of the leading vendors in the DNA Data Storage Market?

5. Which modes and strategic moves are suitable for entering the DNA Data Storage Market?

Product Code: MRR-92249FEC2CCB

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. DNA Data Storage Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing need to store the ever-expanding data due to digitalization
  - 5.1.1.2. Rapid advancements in biotechnology and bioinformatics
  - 5.1.1.3. Growing integration of DNA data storage solutions into commercial systems
- 5.1.2. Restraints
  - 5.1.2.1. High costs associated with DNA synthesis and sequencing
- 5.1.3. Opportunities
  - 5.1.3.1. Growing adoption of DNA data storage solutions for artificial intelligence (AI) and Machine learning (ML) applications
  - 5.1.3.2. Continuous R&D investments in synthetic biology
- 5.1.4. Challenges
  - 5.1.4.1. Slower read-write speeds compared to electronic storage
5.2. Market Segmentation Analysis
- 5.2.1. Storage Methodology: Proliferation of synthetic DNA storage owing to its longer stable properties
- 5.2.2. Application: Increasing application of secure data storage to prevent hacking, virus dissemination, or data corruption
- 5.2.3. End-Use Industry: Increasing demand for secure data storage in banking and finance, healthcare, defense, and governmental institutions
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. DNA Data Storage Market, by Storage Methodology

6.1. Introduction
6.2. Reading and Writing Techniques
6.3. Synthetic DNA Storage

7. DNA Data Storage Market, by Application

7.1. Introduction
7.2. Archival Storage
7.3. Big Data Storage
7.4. Secure Data Storage

8. DNA Data Storage Market, by End-Use Industry

8.1. Introduction
8.2. Government and Defense
8.3. Healthcare & Life Sciences
8.4. Information Technology

9. Americas DNA Data Storage Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific DNA Data Storage Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa DNA Data Storage Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Agreement, Collaboration, & Partnership
  - 12.3.1.1. Catalog and Seagate Partners for DNA-based Data Storage Platform
- 12.3.2. New Product Launch & Enhancement
  - 12.3.2.1. SNIA Announces DNA Data Storage Technology Affiliate
- 12.3.3. Investment & Funding
  - 12.3.3.1. Biomemory Raises EUR 5 Million to Advance DNA Digital Data Storage Solution

13. Competitive Portfolio

13.1. Key Company Profiles
- 13.1.1. Agilent Technologies, Inc
- 13.1.2. Beckman Coulter, Inc.
- 13.1.3. BGI Group
- 13.1.4. Cache DNA Inc
- 13.1.5. Catalog Technologies, Inc.
- 13.1.6. DNA Script
- 13.1.7. Eurofins Scientific SE
- 13.1.8. Evonetix Ltd
- 13.1.9. F. HOFFMANN-LA ROCHE LTD.
- 13.1.10. Genomic Storage Solutions
- 13.1.11. Helixworks Technologies, Ltd.
- 13.1.12. Illumina, Inc.
- 13.1.13. Iridia, Inc.
- 13.1.14. Kilobaser GmbH.
- 13.1.15. Micron Technology, Inc.
- 13.1.16. Microsoft Corporation
- 13.1.17. Molecular Assemblies Inc.
- 13.1.18. Oxford Nanopore Technologies plc
- 13.1.19. Quantum Corporation
- 13.1.20. Seagate Technology Holdings plc
- 13.1.21. Siemens AG
- 13.1.22. Synbio Technologies
- 13.1.23. Thermo Fisher Scientific Inc.
- 13.1.24. Twist Bioscience Corporation
- 13.1.25. Zymo Research Corporation
13.2. Key Product Portfolio

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing