According to our new research study on “DNA Digital Data Storage Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Sequencing, Application and End User” the 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 62.9% during 2021–2028.  Factors driving the growth of the market are the presence of DNA digital data storage service providers and investments and innovation in DNA data storage.

 

The DNA digital data storage is the method of encoding and decoding binary data to and from synthesized strands of DNA. The DNA has garnered interest as a medium for digital information storage due to its high storage density and durability that is superior to those of existing silicon-based storage media. Moreover, DNA’s four-letter nucleotide code provides a suitable coding environment that can be used in the same way that computers and other electrical devices employ binary digital code to represent any letter, digit, or other character.

 

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The DNA digital data storage market is majorly comprised of top players involving, Illumina, Twist Bioscience, Agilent Technologies, Inc., Molecular Assemblies, Quantum Corporation, CATALOG, Microsoft Corporation, Iridia, Inc., F. HOFFMANN-LA ROCHE LTD., DNA Script and Evonetix among others.

 

 The companies listed above are implementing various strategies such as product launches, acquisitions, mergers, and partnerships, which have resulted in the company's growth and, in turn, have brought about various changes in the worldwide market. Additionally, the companies have adopted several inorganic and organic strategies for accelerating their growth and improving their market position.

 

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