DNA Data Storage Market by Type (Cloud, On-Premises), Technology (Sequence-based DNA Data Storage, Structure-based DNA Data Storage), End Users (Government, Healthcare & Biotechnology, Media & Telecommunication) and Geography – Global Forecast to 2030
[163 Pages Report] The DNA Data storage market is projected to grow from USD 76 million in 2024 and is expected to reach USD 3348 million by 2030, growing at a CAGR of 87.7% from 2024 to 2030. The demand for data storage is growing exponentially, driven by the increasing digitization of businesses and societies. DNA data storage has the potential to meet this demand by offering a high-density, durable, and secure way to store data. DNA is incredibly dense, meaning that it can store a lot of data in a small space. Additionally, DNA is very durable and can last for thousands of years. This makes DNA ideal for long-term archival storage of critical data.
The objective of the report is to define, describe, and forecast the DNA data storage market based on type, technology, end user, and region.
DNA Data Storage Market Forecast to 2030
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DNA data storage market Dynamics
Drivers: Increasing demand for data storage
The global demand for data storage is growing exponentially, driven by the increasing digitization of businesses and societies. Traditional data storage technologies, such as hard drives and magnetic tapes, are not able to keep up with the growing demand for data storage. DNA data storage has the potential to meet this demand by offering a high-density, durable, and secure way to store data. DNA is incredibly dense, meaning that it can store a lot of data in a small space. Additionally, DNA is very durable and can last for thousands of years. This makes DNA ideal for long-term archival storage of critical data. DNA data storage has the potential to revolutionize the way we store data by offering a high-density, durable, and secure way to store large amounts of data for long periods of time.
Higher establishment cost
The cost of DNA synthesis and sequencing is still high, which makes DNA data storage unaffordable for many businesses and organizations. The cost of raw materials used in DNA synthesis and sequencing (such as DNA nucleotides and enzymes), and the equipment used in DNA synthesis and sequencing are quite expensive. Moreover, the complexity of the process of DNA synthesis and sequencing are complex processes and require skilled personnel. Overall, the DNA data storage market is still in its early stages of development, and there are not yet economies of scale in DNA synthesis and sequencing. Hence, the high cost of DNA data storage is a major barrier to its adoption. However, the cost of DNA synthesis and sequencing is expected to decline in the coming years as the technology matures and economies of scale are achieved.
Opportunity: Adoption of DNA data storage solutions for artificial intelligence (AI) and machine learning (ML) applications
DNA data storage is a new and emerging technology, and there are several new applications that are expected to emerge. For example, DNA data storage could be used to store data for artificial intelligence (AI) and machine learning (ML) applications. DNA data storage could also be used to store data for blockchain applications. DNA is incredibly dense and can store a lot of data in a small space. This is ideal for AI applications, which often require the storage of large amounts of data. DNA data is very difficult to hack or tamper with. This makes it ideal for storing sensitive AI data, such as training data and model parameters.
Challenge: Standardization and Interoperability of DNA Data Storage Market
Establishing industry standards and protocols for DNA data storage is quite essential. Standardization will facilitate interoperability between different DNA storage systems and ensure seamless integration with existing technologies, making it easier for businesses and researchers to adopt DNA data storage solutions.
Businesses and research institutions often need to integrate new technologies, such as DNA data storage, with their existing data management systems. Lack of standardization makes it challenging to seamlessly integrate DNA storage solutions with traditional electronic storage systems, databases, and analytical tools.
DNA data storage Map/Ecosystem:
Market for cloud-based DNA data storage is expected to have largest market share during the forecast period.
Once the DNA data storage solutions commercialize initially it would be very expensive for majority of the end users to deploy it at their premises. Thereby it is expected that in the initial stage of adoption end users will mostly rely on cloud data storage providers for accessing DNA data storage facility. Additionally, cloud-based DNA data storage is expected to be highly scalable, meaning that it can be easily scaled up or down to meet the needs of the user. This is important for businesses and organizations that have large amounts of data to store and need to be able to quickly access and share that data. Moreover, Cloud-based DNA data storage will be accessible from anywhere with an internet connection. This makes it ideal for businesses and organizations with multiple locations or remote employees.
Market for Government segment in the DNA data storage market to have a significant growth during the forecast period.
The Government segment in the DNA data storage market is expected to have a significant market size during the forecast period. Government agencies often deal with historical documents, manuscripts, and records of significant cultural and historical importance. DNA data storage offers a stable and compact solution for archiving these documents, ensuring their preservation for future generations. Court records, legislative documents, and legal archives require long-term storage. DNA data storage provides a reliable method for securely preserving these records, protecting their integrity over time.
Healthcare and biotechnology segment is expected to hold the largest share of the DNA data storage market during the forecast period
Pharmaceutical companies, engaged in vast genomic studies, drug discovery, and clinical trials, are expected to leverage DNA data storage to efficiently manage the enormous volumes of genetic and compound data generated daily. By securely archiving extensive genomic datasets, including genetic mutations and biomarker information, pharmaceutical firms are enhancing their understanding of diseases and optimizing drug development processes. Moreover, DNA data storage aids in the meticulous cataloguing of compound libraries, ensuring rapid retrieval of critical information during drug screening and development phases.
DNA data storage market in the Asia Pacific estimated to grow at the fastest rate during the forecast period.
The DNA data storage market in the Asia Pacific has been studied for China, Japan, South Korea, and the Rest of Asia Pacific. Asia Pacific is expected to hold the largest market share of the DNA data storage market during the forecast period. The growth of the DNA data storage market in this region is primarily attributed by the growth of the healthcare sector in the Asia Pacific region which is creating several opportunities for the DNA data storage market. For example, DNA data storage can be used to store and process a variety of healthcare data, including genomic data, medical records, and clinical trial data.
DNA Data Storage Market by Region
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Key Market Players
Major vendors in the DNA data storage companies include Illumina, Inc. (US), Microsoft (US), Iridia, Inc. (US), Twist Bioscience (US), Catalog (US), Thermo Fisher Scientific Inc. (US), Micron Technology, Inc. (US) Helixworks Technologies Ltd (Ireland), Agilent Technologies, Inc. (US), Beckman Coulter (US), Eurofins Scientific (Luxembourg), and Siemens (Germany).
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Report Metric |
Details |
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Market size available for years |
2024—2030 |
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Base year |
NA |
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Forecast period |
2024—2030 |
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Forecast Units |
USD Million/USD Billion |
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Segments Covered |
Type, Technology, End User, and Region |
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Geographic regions covered |
North America, Europe, Asia Pacific, and RoW |
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Companies covered |
Illumina, Inc. (US), Microsoft (US), Iridia, Inc. (US), Twist Bioscience (US), Catalog. (US), Thermo Fisher Scientific Inc. (US), Micron Technology, Inc. (US) Helixworks Technologies Ltd (Ireland), Agilent Technologies, Inc. (US), Beckman Coulter (US), Eurofins Scientific (Luxembourg) Siemens (Germany), Oxford Nanopore Technologies (UK), Evonetix (UK), Quantum Corporation (US), Molecular Assemblies (US), BGI GROUP GUANGDONG ICP (China). |
DNA Data Storage Market Highlights
This research report categorizes the DNA data storage market based on type, technology, end user and region.
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Segment |
Subsegment |
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By Type: |
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By End User: |
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Recent Developments
- In September 2023 , Thermo Fisher Scientific Inc. announced the acquisition of CorEvitas, LLC (US) which facilitate the expansion of clinical research business with highly complementary real-world evidence solutions, which is an increasingly important area and will help to enhance cost of drug development for Thermo Fisher Scientific Inc.
- In September 2022, Catalog (US) announced a collaboration with Seagate Technology LLC (Ireland). The collaboration of Catalog and Seagate Technology LLC focused on developing several initiatives to advance scalable and automated DNA-based storage and computation platforms, including making DNA-based platforms up to 1000 times smaller. The collaboration will center using Seagate's “lab on a chip” technology to reduce the volume of chemistry required for DNA-based storage and computation. This research will provide valuable insights into possibilities for the next generation of DNA-based storage and computation platforms in various form factors, including desktop and IoT-sized versions.
Critical Questions Answered by this Report :
What are the key strategies adopted by key companies in the DNA data storage market?
Collaboration and product development have been and continue to be some of the major strategies adopted by the key players to grow in the DNA data storage market.
What region dominates the DNA data storage market?
The North American region will dominate the DNA data storage market.
What end-user dominates the DNA data storage market?
The healthcare and biotechnology segment is expected to dominate the DNA data storage market.
Which type dominates the DNA data storage market?
The cloud-based DNA data storage segment is expected to have the largest market size during the forecast period.
Who are the major companies in the DNA data storage market?
The major players in the DNA data storage market include Illumina, Inc. (US), Microsoft (US), Iridia, Inc. (US), Twist Bioscience (US), and Catalog (US).
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The research process for this study included systematic gathering, recording, and analysis of data about customers and companies operating in the DNA data storage market. This process involved the extensive use of secondary sources, directories, and databases (Factiva, Oanda, and OneSource) for identifying and collecting valuable information for the comprehensive, technical, market-oriented, and commercial study of the DNA data storage market. In-depth interviews were conducted with primary respondents, including experts from core and related industries and preferred manufacturers, to obtain and verify critical qualitative and quantitative information as well as to assess growth prospects. Key players in DNA data storage market were identified through secondary research, and their market rankings were determined through primary and secondary research. This research included studying annual reports of top players and interviewing key industry experts such as CEOs, directors, and marketing executives.
Secondary Research
In the secondary research process, various sources were used to identify and collect information important for this study. These include annual reports, press releases & investor presentations of companies, white papers, technology journals, certified publications, articles by recognized authors, directories, and databases.
Secondary research was mainly used to obtain key information about the industry's supply chain, the total pool of market players, the classification of the market according to industry trends to the bottom-most level, regional markets, and key developments from the market and technology-oriented perspectives.
Primary Research
Primary research was also conducted to identify the segmentation types, key players, competitive landscape, and key market dynamics, such as drivers, restraints, opportunities, challenges, and industry trends, along with key strategies adopted by players operating in the DNA data storage market. Extensive qualitative and quantitative analyses were performed on the complete market engineering process to list key information and insights throughout the report.
Extensive primary research has been conducted after acquiring knowledge about the DNA data storage market scenario through secondary research. Several primary interviews have been conducted with experts from both demand (end users) and supply side (DNA data storage solution providers) across four major geographic regions: North America, Europe, Asia Pacific, and RoW. Approximately 80% and 20% of the primary interviews have been conducted from the supply and demand side, respectively. These primary data have been collected through questionnaires, emails, and telephonic interviews.
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Market Size Estimation
In the complete market engineering process, both top-down and bottom-up approaches were implemented, along with several data triangulation methods, to estimate and validate the size of the DNA data storage market and various other dependent submarkets. Key players in the market were identified through secondary research, and their market share in the respective regions was determined through primary and secondary research. This entire research methodology included the study of annual and financial reports of the top players, as well as interviews with experts (such as CEOs, VPs, directors, and marketing executives) for key insights (quantitative and qualitative).
All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the markets covered in this research study were accounted for, viewed in detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report.
DNA Data Storage Market: Bottom-Up Approach
DNA Data Storage Market: Top-Down-Approach
Data Triangulation
After arriving at the overall market size from the market size estimation process, as explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, market breakdown and data triangulation procedures have been employed, wherever applicable. The data have been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market has been validated using top-down and bottom-up approaches.
Market Definition
DNA data storage is a process of encoding digital data into DNA molecules and storing it for later retrieval. DNA is a very dense and stable molecule, making it ideal for long-term data storage. To encode data into DNA, scientists use a process called DNA origami. DNA origami is a technique for folding DNA molecules into specific shapes. In the context of DNA data storage, DNA origami is used to fold DNA molecules into shapes that represent binary data.
Key Stakeholders
- Research Institutions and Universities
- Government Agencies
- Storage Solution Providers
- Technology Companies
- Investors and venture capitalists
- Standards Organizations
- Biotechnology Companies
- Environmental and Sustainability Experts
- Government bodies such as regulatory authorities and policymakers
Report Objectives
- To describe, segment, and forecast the DNA data storage market based on type, technology and end users in terms of value.
- To describe and forecast the market for four key regions: North America, Europe, Asia Pacific, and the Rest of the World (RoW), in terms of value.
- To provide detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the DNA data storage market
- To provide a detailed overview of the supply chain and ecosystem pertaining to the DNA data storage market.
- To strategically analyze the ecosystem, tariffs and regulations, patent landscape, trade landscape, and case studies pertaining to the market under study
- To strategically analyze micro markets with regard to individual growth trends, prospects, and contributions to the overall market
- To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market
- To analyze competitive developments such as product launches and developments, expansions, partnerships, collaborations, contracts, and mergers and acquisitions in the DNA data storage market
- To strategically profile the key players in the DNA data storage market and comprehensively analyze their market ranking and core competencies
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
Growth opportunities and latent adjacency in DNA Data Storage Market