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DNA-Based Digital Data Storage: Global Market Outlook 2024
DNA Digital Data Storage Market
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Report Coverage & Details:
• Forecast Period: 2024-2033
• Base Year: 2023
• Market Size In 2024: $0.2 billion
• Revenue Forecast In 2033: $1.28 billion
• CAGR: 59.7%
Global DNA Digital Data Storage Market: Segmentation
The dna digital data storage market covered in this report is segmented -
1) By Sequencing: Synthesis, Ion Semiconductor, Chain Termination, Ligation, Nanopore Sequencing
2) By Deployment: Cloud, On-Premise
3) By Application: Diagnostic Research, Personalized Medicine, Other Application
4) By End User: Hospital, Clinics, Pharmaceutical And Biotechnology Companies, Academic And Research Institutes, Other End-Users
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DNA Digital Data Storage Market Report: Growth Drivers
The increasing emphasis on data security is expected to fuel the growth of the DNA digital data storage market going forward. Data security involves protecting digital information from unauthorized access, disclosure, alteration, or destruction. Safeguards in DNA digital data storage help protect genetic information, prevent unauthorized access, and enhance the privacy of individuals' genomic data. For example, The Australian Cyber Security Centre reported in February 2023 a 13% increase in cybercrime reports, with a total of 76,000 cases compared to the previous year. Therefore, the rising demand for data security is driving the growth of the DNA digital data storage market.
Key Developments:
Catalog and Seagate Forge Partnership to Pave the Way for Advanced DNA Storage and Computation Technologies
In September 2022, Catalog, a US-based DNA computing company, partnered with Seagate Technology Holding plc, a US-based data storage company. With this partnership, both companies aim to develop advanced DNA storage and computation technologies. The collaboration focuses on automating the DNA-based storage platform using Seagate's specially designed electronic chips by harnessing the unique properties of DNA, addressing the growing data challenge, and disrupting the economics of data storage. Seagate Technology Holding plc is an Ireland-based technology company.
Top Market Leader Included:
Microsoft Corporation, F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Western Digital Corporation, Eurofins Scientific SE, Agilent Technologies Inc., llumina Inc., Beckman Coulter Inc., Imec International, GenScript Biotech Corporation, Quantum Corporation, Twist Bioscience Corporation, DNA Script, Codex DNA INC. , Cegat GMBH, Evonetix Ltd., Bio basic Inc., Molecular Assemblies Inc., Iridia Inc., Ansa Biotechnologies Inc., Gatc Biotech AG, SOSV LLC, Bio S&T Inc., Cergentis B.V., DevX, Biomemory SAS, Imagene, Kern Systems
DNA Digital Data Storage Industry: Regional Landscape
Asia-Pacific was the largest region in the DNA digital data storage market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the dna digital data storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the DNA digital data storage market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
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What Does The Global DNA Digital Data Storage Market Report Include?
1.Introduction
• Overview of the DNA Digital Data Storage Market
• Comprehensive Analysis of DNA Digital Data Storage Market
2. DNA Digital Data Storage Market Drivers and Restraints
• Drivers and Restraints For Historic And Forecast Period
3. DNA Digital Data Storage Market Segmentation
• By Drug Class
• By Indication
• By Distribution Channel
4. Competitive Landscape And Company Profiles In The DNA Digital Data Storage Market
• Overview
• Products and Services
• Strategy
5. DNA Digital Data Storage Market Regional And Country Analysis
• By Region
• By Country
6. Market Trends And Opportunities In DNA Digital Data Storage Market
• Technological Advancements
• Emerging Trends
7. DNA Digital Data Storage Market Future Outlook and Potential Analysis
• Growth Strategies
• New Opportunities
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