The DNA data storage market is anticipated to grow at an annualized rate of over 26% by 2035, claims Roots Analysis
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 and DNA data storage has
garnered significant interest as an alternative
London
Roots Analysis has
announced the addition of DNA
Data Storage
Market, 2021-2035” report to its list of offerings.
DNA as a data storage medium helps eliminate the drawbacks inherent to
the traditional storage methods, such as limited storage density, instability
and limited life span, making it a potential storage option for future. However, exorbitant costs, slow speed of reading and writing DNA and
vulnerability to mutations or errors, may act as a roadblock in the wider use
of DNA as an effective data storage solution, which has prompted the
stakeholders to focus on improvements in various steps involved in DNA data
storage, including data encoding, DNA synthesis, preservation, data retrieval,
and DNA sequencing.
To order this 240+ page
report, which features 75+ figures and 90+ tables, please visit https://www.rootsanalysis.com/reports/dna-data-storage-market.html
Key
Market Insights
Presently, more than 20 players claim to offer DNA Data Storage
Over 40% of these players are
involved in offering technologies / services for coding and DNA writing (DNA
synthesis), followed by those offering services for retrieval and DNA reading (29%).
It is worth mentioning that 10 technology / service providers claim to have the
required expertise to serve as one-stop-shops for all the DNA data storage
steps.
Over 350 grants have been awarded to support research on
DNA data storage, since 2016
Grants
worth USD 517 million have been awarded to various organizations working in
this domain during the period, 2016- 2021. Of these, 33% of the grants were awarded
to support the research related to projects on DNA data storage, were / are
being managed by NCI, followed by those managed by NIA (11%), NINDS (9%) and
NIDDK (6%).
Over 900 patents have been filed / granted related to DNA
data storage, since 2001
More
than 50% of these patents were filed / granted in North America, followed by
Europe (39%). In addition to the industry players, patents related to DNA data
storage were also filed by academic institutes, such as Massachusetts Institute
of Technology, Harvard University and University of Arkansas.
Partnership activity within this domain has grown significantly at a
CAGR of 32%
More
than 55% of the agreements were established in 2020. Majority of these deals
were product development and commercialization agreements (21%), acquisitions (17%),
technology licensing deals (17%), and manufacturing agreements (13%).
Funding and investment in this domain have increased significantly,
highlighting the growing demand for DNA data storage systems
Around
USD 1 billion was raised by companies, across various funding rounds in 2020. Majority
of the companies raised significant capital through venture capital financing
(~USD 417 million). It is worth highlighting that over 50% of the funding
instances were reported by companies headquartered in North America, followed
by Europe.
North
America is expected to capture over 55% of the DNA
data storage market share by 2035 Within North America, US is likely to capture the maximum share. Further,
in terms of step involved in DNA based data storage, the coding and DNA writing
step is likely to capture the highest market share (86%).
To request a sample copy /
brochure of this report, please visit https://www.rootsanalysis.com/reports/dna-data-storage-market.html
Key
Questions Answered
§ Who are the leading industry players involved
in offering services or technologies related to DNA data storage?
§ Which are the leading funding organizations
providing grants for research on DNA data storage?
§ How has the intellectual property landscape
of DNA data storage evolved over the years?
§ Which partnership models are commonly adopted
by industry stakeholders offering services or technologies related to DNA data
storage?
§ What is the trend of capital investments in
the DNA data storage market?
§
How is
the current and future market opportunity likely to be distributed across key
market segments?
The
financial opportunity within the DNA data storage market has been analyzed
across the following segments:
§ DNA
Data Storage Steps
§ Coding
and DNA Writing (DNA Synthesis)
§ DNA
Storage
§ Retrieval
and DNA Reading (DNA Sequencing)
§ Geographical Regions
§ North
America
§ Europe
The
research includes detailed profiles of key players (listed below); each profile
features an overview of the company, its financial information (if
available), details on the technology / services offered, recent
developments, and an informed future outlook.
§ Agilent Technologies
§ ATUM
§ Codex DNA
§ Gattaca Technologies
§ GenScript
§ Illumina
§ Imagene
§ Oxford Nanopore Technologies
§ Synbio Technologies
For
additional details, please visit
https://www.rootsanalysis.com/reports/dna-data-storage-market.html
or
email sales@rootsanalysis.com
You
may also be interested in the following titles:
1. Cloud-based Solutions for Drug Discovery,
Development and Manufacturing Market, 2021-2030
2. Digital Solutions for Biomarkers Market,
2021-2030
3. AI-based Drug Discovery Market,
2020-2030
Contact:
Ben Johnson
+1 (415) 800 3415
Ben.johnson@rootsanalysis.com
Comments
Post a Comment