DNA Data Storage Market

DNA Data Storage Market by Steps Involved in DNA Data Storage Process and Key Geographical Regions: Industry Trends and Global Forecasts, 2021–2035

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DNA Data Storage Market Overview

The DNA data storage market is estimated to be worth around $17 million and is expected to grow at a CAGR of 28% during the forecast period. The ongoing technological advancements, rising popularity of social media, use of virtual platforms in the ongoing COVID-19 pandemic and digitalization of the various aspects in the modern world have led to the generation of colossal amount of digital data. In fact, the amount of digital data being produced has grown exponentially over the last few years and is likely to witness significant rise in the future as well. The reliable and secure storage and accessibility of such voluminous data require the solutions that are cost effective and have high storage capacity. Currently, various silicon-based technologies and solutions are being used to store the data, which is already outpacing the world’s available storage capacity. In order to deal with the capacity crunch, scientific community came up with the idea of leveraging the potential of genetic material, DNA digital data storage. DNA, which consists of long chains of nucleotides can act as a stable medium of storing massive data. Owing to its high density and extended biological life, a number of companies are exploring the potential of DNA as a sustainable option for DNA digital data storage. In fact, in October 2020, several computing and biotech firms came together to form a coalition, called DNA Data Storage Alliance, with an aim to create and promote an interoperable storage ecosystem with manufactured DNA as a data storage medium.

DNA offers a reliable DNA digital data storage solution with abundant capacity, which is way higher than other existing storage mediums. Notably, it is claimed that all of the world’s data today could theoretically be stored in 1 kg of DNA. Moreover, DNA offers compelling advantages over silicon-based technologies, which facilitate the commercial usage of DNA as an effective data storage medium, especially when DNA synthesizing technology becomes cost-effective. Presently, close to 30 dna data storage companies claim to be actively providing technologies and services for DNA based data storage. In the recent past, various stakeholders in DNA data storage market have forged strategic alliances and / or acquired other players. Given the advantages of employing DNA digital data storage medium and the ongoing advancements in DNA synthesis methods, we are led to believe that DNA data storge market likely to witness substantial market growth during the forecast period.

This image highlights the context of DNA Data Storage Market report. The exponential increase in amount of digital data being generated, coupled to the limitations of conventional storage mediums, has created a need for sustainable storage options; DNA data storage has garnered significant interest as an effective alternative This image provides list of DNA Data Storage Technology / Service Providers. Presently, 24 players, based in different regions, claim to provide technologies and services for storage of digital data using DNA, thereby addressing the challenge of storing the rapidly growing digital data This image presents current market landscape of DNA Data Storage Technology / Service Providers. The market is fragmented, featuring the presence of both established players and small firms that offer DNA data storage technologies / services for different steps involved in DNA data storage process

Key DNA Data Storage Companies in DNA Data Storage Market

Examples of key DNA data storage companies engaged in DNA data storage market (which have also been profiled in this market report; the complete list of companies is available in the full report) include Agilent Technologies, ATUM, Codex DNA, Gattaca Technologies, GenScript, Illumina, Imagene, Oxford Nanopore Technologies and Synbio Technologies. This DNA data storage market report includes an easily searchable excel database of all the DNA data storage companies, worldwide.

Recent Developments in DNA Data Storage Market:

Several recent developments have taken place in the field of DNA data storage market. We have outlined some of these recent initiatives below. These developments, even if they took place post the release of our market report, substantiate the overall market trends that have been outlined in our analysis.

  • In May 2023, Genemod raised USD 4.5 million for life sciences data storage and collaboration platform.

Scope of the Report

The “DNA Data Storage Market by Steps Involved in DNA Data Storage Process (coding and DNA writing (DNA synthesis), DNA storage and retrieval and DNA reading (DNA sequencing) and Key Geographical Regions (North America, Europe, Asia-Pacific, Latin America, MENA (Middle East and North Africa) and rest of the world): Industry Trends and Global Forecasts, 2021–2035” market report features an extensive study on the current market landscape, market size, market forecast and future opportunities for DNA data storage market during the forecast period. The market research report presents an in-depth analysis of DNA data storage companies.

This image highlights competitive analysis of players engaged in the domain of DNA Data Storage Technology / Services. In pursuit of a competitive edge in the market, DNA data storage technology / service providers are focusing on the integration of advanced features in order to augment their respective portfolios and affiliated offerings This image provides information on patents that have been filed / granted related to DNA Data Storage. Over the years, more than 900 patents related to DNA Data Storage have been granted / filed; this is indicative of the heightened pace of research in this field This image provides an in-depth analysis of the grants that have been awarded to various research institutes for projects related to DNA data storage. In addition, several organizations have extended financial support to aid the ongoing research efforts in the DNA data storage domain

Amongst other elements, the market research report includes:

  • A review of the DNA data storage companies, featuring a detailed analysis of the players, based on several relevant parameters, such as year of establishment, company size, location of headquarters, type of offering (technology / service), steps involved in DNA data storage process (coding and DNA writing (DNA synthesis), DNA storage and retrieval and DNA reading (DNA sequencing)), method of DNA synthesis (chemical synthesis and enzymatic synthesis) and method of DNA sequencing (next-generation sequencing, nanopore sequencing and other sequencing). 
  • Elaborate profiles of the key players engaged in offering technologies and services related to DNA based data storage. Each profile includes a brief overview of the company, its financial information (if available), information on technology / service portfolio, recent developments and an informed future outlook.
  • An insightful competitiveness analysis, highlighting the capabilities of DNA data storage companies, based on supplier strength (considering a company’s overall experience in the industry), and portfolio strength (which takes into account the DNA data storage steps, type of offering, method of DNA synthesis, method of DNA sequencing, subject specific agreements and funding instances).
  • An in-depth analysis of the grants that have been awarded to various research institutes for projects related to DNA data storage, between 2016-2021, based on several relevant parameters, such as year of grant award, amount awarded, administering institute, support period, type of grant application, purpose of grant award, activity code, study section involved, type of recipient organization and emerging focus areas. In addition, it highlights the popular NIH departments, prominent program officers, and popular recipient organizations (in terms of number of grants awarded).  
  • An in-depth analysis of the patents that have been filed / granted for DNA as a data storage medium, since 2001. The chapter highlights the key trends associated with these patents, across various parameters, such as patent publication year, geographical location / patent jurisdiction, CPC symbols, emerging focus areas, type of organization, leading patent assignees and the leading players (in terms of number of patents filed / granted). In addition, it includes a patent benchmarking analysis and a detailed valuation analysis.
  • An analysis of the recent collaborations that have been established in DNA data storage market, since 2016, covering acquisition, distribution, manufacturing, platform utilization, process development, product integration, research, product development and commercialization, technology licensing, service alliance and other relevant types of agreements.
  • An analysis of the key investments made in DNA data storage market, between 2015 and 2021 (till September), including seed financing, venture capital financing, debt financing, grants, capital raised from IPOs and subsequent offerings, by companies engaged in the field of DNA data storage market. 

One of the key objectives of this market report is to provide a detailed market forecast analysis in order to estimate the existing market size and future opportunity of the DNA data storage market, during the forecast period. We have provided an informed estimate on the likely evolution of the market in the short to mid-term and long term, for the forecast period 2021-2035. The market report features the likely distribution of the current and forecasted opportunity across [A] steps involved in DNA data storage process (coding and DNA writing (DNA synthesis), DNA storage and retrieval and DNA reading (DNA sequencing) and [B] key geographical regions (North America, Europe, Asia-Pacific, Latin America, MENA (Middle East and North Africa) and rest of the world).  In order to account for future uncertainties and to add robustness to our model, we have provided three market forecast scenarios, namely conservative, base and optimistic scenarios, representing different tracks of the anticipated industry’s growth. The opinions and insights presented in the market report were also influenced by discussions held with senior stakeholders in the industry.

This image highlights the partnership activity undertaken by players engaged in DNA Data Storage Technology / Services domain. The rising interest in this field is also reflected in the number of partnerships inked by stakeholders in the recent past; the maximum partnering activity was observed in the US This image provides information on funding and investments made in this domain. Several investors, having realized the untapped opportunity within this rapidly growing segment, have invested over USD 2.8 billion across 40+ instances, in the period between 2015 and 2021 This image provides information on the current and future market trends and potential growth of DNA Data Storage Market. The market is projected to grow at an annualized rate of nearly 70% and the opportunity is expected to be distributed across different steps involved in the DNA data storage process and key geographies

All actual figures have been sourced and analyzed from publicly available information forums and primary research discussions. Financial figures mentioned in this market report are in USD, unless otherwise specified.

Frequently Asked Questions

Question 1: What is DNA data storage?

Answer: DNA data storage refers to the utilization of DNA molecules for the storage of digital data. This data is stored in the form of coded nucleotide bases.

Question 2: How big is the DNA data storage market?

Answer: The DNA data storage market size is estimated to be worth $17 million in 2021.

Question 3: What is the projected market growth of the DNA data storage market?

Answer: The DNA data storage market is expected to grow at compounded annual growth rate (CAGR) of over 28% during the forecast period 2021 - 2035.

Question 4: Who are the leading DNA data storage companies in the DNA data storage market?

Answer: Examples of key DNA data storage companies engaged in DNA data storage market (which have also been profiled in this market report; the complete list of companies is available in the full report) include Agilent Technologies, ATUM, Codex DNA, Gattaca Technologies, GenScript, Illumina, Imagene, Oxford Nanopore Technologies and Synbio Technologies.

Question 5: How many companies are currently engaged in the DNA data storage market?

Answer: Over 20 companies are currently engaged in the DNA data storage market.

Question 6: How many patents have been filed / granted related to the DNA data storage till date?

Answer: Till date, over 1,000 patents have been filed / granted related to the DNA data storage.

Question 7: Which method of DNA synthesis and sequencing is utilized by players engaged in the DNA data storage market?

Answer: Majority (53%) of companies engaged in the DNA data storage market utilize enzymatic synthesis and sequencing for DNA data storage protocols.

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