Dublin, Dec. 16, 2022 (GLOBE NEWSWIRE) -- The "DNA Data Storage Market by Steps Involved in DNA Data Storage Process, DNA storage and retrieval and DNA reading and Key Geographical Regions: Industry Trends and Global Forecasts, 2021-2035" report has been added to ResearchAndMarkets.com's offering.

The report features an extensive study on the current market landscape and the likely evolution of this industry over the next fifteen years and an in-depth analysis of the technology and service providers that assist in DNA based data storage.

The ongoing technological advancements, rising popularity of social media, use of virtual platforms in the ongoing COVID-19 pandemic and digitalization of the various aspects in the modern world have led to the generation of colossal amount of digital data. In fact, the amount of digital data being produced has grown exponentially over the last few years and is likely to witness significant rise in the future as well. The reliable and secure storage and accessibility of such voluminous data require the solutions that are cost effective and have high storage capacity.

Currently, various silicon-based technologies and solutions are being used to store the data, which is already outpacing the world's available storage capacity. In order to deal with the capacity crunch, scientific community came up with the idea of leveraging the potential of genetic material, DNA for digital information storage. DNA, which consists of long chains of nucleotides can act as a stable medium of storing massive data.

Owing to its high density and extended biological life, a number of companies are exploring the potential of DNA as a sustainable option for digital data storage. In fact, in October 2020, several computing and biotech firms came together to form a coalition, called DNA Data Storage Alliance, with an aim to create and promote an interoperable storage ecosystem with manufactured DNA as a data storage medium.

DNA offers a reliable data storage solution with abundant capacity, which is way higher than other existing storage mediums. Notably, it is claimed that all of the world's data today could theoretically be stored in 1 kg of DNA. Moreover, DNA offers compelling advantages over silicon-based technologies, which facilitate the commercial usage of DNA as an effective data storage medium, especially when DNA synthesizing technology becomes cost-effective.

Presently, close to 30 companies / organizations claim to be actively providing technologies and services for DNA based data storage. In the recent past, various stakeholders in this domain have forged strategic alliances and / or acquired other players. Given the advantages of employing DNA as a data storage medium and the ongoing advancements in DNA synthesis methods, we are led to believe that DNA data storge will usher in a new paradigm for computing with little to no limitations on the volume of data that we can produce, store, and access.

Scope of the Report

One of the key objectives of the report was to estimate the current opportunity and the future growth potential of the DNA data storage market, over the next fifteen years. We have provided an informed estimate on the likely evolution of the market in the short to mid-term and long term, for the period 2021-2035.

Key Questions Answered

Key Players

Key Topics Covered:

1. PREFACE

2. EXECUTIVE SUMMARY

3. INTRODUCTION

4. MARKET OVERVIEW

5. COMPANY PROFILES

6. COMPANY COMPETITIVENESS ANALYSIS

7. ACADEMIC GRANTS ANALYSIS

8. PATENT ANALYSIS

9. PARTNERSHIPS AND COLLABORATIONS

10. FUNDING AND INVESTMENT ANALYSIS

11. MARKET FORECAST

12. CONCLUDING REMARKS

13. EXECUTIVE INSIGHTS

For more information about this report visit https://www.researchandmarkets.com/r/45osmy