The Future of Data Storage is DNA as DNA Data Storage Market Driven By Immense Data Growth
DNA data storage is an emerging technology that utilizes DNA's immense storage capabilities to store digital data. DNA can encode vast amounts of data in a very small physical space and is durable, long-lasting, and energy-efficient. In DNA data storage, digital data is encoded into DNA oligonucleotide strands through genome engineering techniques, and these strands can then be synthesized, sequenced, and decoded back into the original digital data. The increasing data volumes generated due to digitization across industries have fueled demand for innovative scalable data storage solutions. With significantly higher storage density than conventional digital storage methods, DNA data storage offers the potential to store massive amounts of information that may last hundreds or even thousands of years into the future.
The DNA Data Storage Market is estimated to be valued at USD 33.5 Mn in 2024 and is expected to reach USD 184.10 Mn by 2031, growing at a compound annual growth rate (CAGR) of 27.8% from 2024 to 2031.
Leading players in the DNA Data Storage Market are also expanding globally through partnerships and establishing DNA data storage facilities across regions to leverage growth opportunities worldwide arising due to ever increasing digital data volumes.
DNA Data Storage Market-https://www.coherentmi.com/ind....ustry-reports/dna-da
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