DNA Data Storage Market Size to Hit USD 13291.51 million by
From GlobeNewswire: 2025-05-28 09:30:00
The DNA Data Storage Market is projected to reach USD 13,291.51 million by 2032, with a CAGR of 83.90%. The market is driven by the exponential growth of digital data and the need for secure, energy-efficient storage systems. Major players like Microsoft, Twist Bioscience, and IBM are leading the market with innovative products. The U.S. market alone is expected to grow at a CAGR of 83.56%.
In 2023, the cloud-based segment dominated the market with over 58.3% share, offering scalability and remote accessibility. The on-premises segment is expected to grow fastest due to demand for data security and customization. Sequence-based DNA data storage held the largest revenue share in 2023, benefitting from its high volume data storage capability with no loss. Structure-based DNA data storage is expected to grow fastest, offering higher storage density and faster read speeds.
The biotechnology and healthcare segment led the market in 2023 with a 38.6% share, driven by the need to store genomics and medical research data securely. The government and defense sector is expected to grow rapidly, seeking secure, tamper-proof storage solutions for classified information. North America currently holds a 35.8% market share, with strong R&D infrastructure and support from major technology players like Microsoft.
Innovation is driving the market forward, with companies like Microsoft developing advanced DNA error correction algorithms and IBM securing patents for 4D printing technology. The Asia Pacific region is projected to experience the highest CAGR, with increased investment in genomic biotechnology and digital infrastructure. With massive investments and technological advancements, the DNA Data Storage Market is poised for significant growth in the coming years.
Read more at GlobeNewswire: DNA Data Storage Market Size to Hit USD 13291.51 million by