DNA Digital Data Storage Market Share

North American Market Forecast

The North American DNA digital data storage market, amongst the market in all the other regions, is projected to hold the largest market share of USD 32,008.5 Million by the end of 2036, up from USD 45.2 Million by the end of 2023. The growth of the market can be attributed majorly to the increasing awareness about DNA data storage systems, growing advancements to develop sophisticated next-generation technologies associated with the IT sector, government initiatives to promote end-to-end DNA data storage systems, and the strong presence of market players in the region. The products and launches are also accelerating the growth of the market. For instance, in June 2021, the SYNTAX system, the first benchtop nucleic acid printer utilizing Enzymatic DNA Synthesis (EDS) technology, was the first product DNA Script produced to launch the SYNTAX platform commercially. The 96 DNA oligos produced in parallel by the fully automated, integrated SYNTAX technology are about 60 nucleotides long and delivered prepared for use in molecular biology and genomics workflows.

Europe Market Forecast

The European DNA digital data storage market is expected to showcase substantial growth over the forecast period by registering a CAGR of 64.0%. The Europe market was valued at USD 24.0 Million in 2023 and is projected to reach USD 14,835.3 million at the end of 2036.The growth of the market can be attributed majorly to the increase in investments in the creation of efficient data storage technologies and the existence of renowned research institutions in the region. Additionally, market participants are investigating cutting-edge techniques and technologies for diagnostic applications. For instance, in April 2021, Imagene, an artificial medical intelligence (AI) firm based in Paris, accelerated the development and commercialization of ArtFun+, an AI program and its predictive biomarkers for cardiovascular imaging, and obtained funding of EUR 1.2 million for the same.

APAC Market Statistics

Further, the market in the Asia Pacific, amongst the market in all the other regions, is projected to hold a majority of the share over the forecast period, by registering a CAGR of 63.2%. The Asia Pacific market was valued at USD 19.4 Million in 2023 and is projected to reach USD 11,226.1 million at the end of 2036. Growing demand for long-term data storage and expanding applications of DNA digital data storage are the main drivers of the Asia-Pacific DNA digital data storage market. As a result, many market players are investing in DNA data storage technologies. The APAC market is driven by firms' active involvement in developing DNA digital data storage through investments, innovation, research, and development.