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DNA Digital Data Storage Market

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2 years ago

DNA Digital Data Storage Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Sequencing (Synthesis Sequencing, Ion Semiconductor Sequencing, Chain Termination Sequencing, Ligation Sequencing, and Nanopore Sequencing); Application (Diagnostic Research, Personalized Medicine, and Others); End User (Hospital and clinics, Pharmaceutical and Biotechnology Companies, Academic and Research Institutes, and Other), and Geography

The DNA digital data storage market is expected to grow from US$ 57.81 million in 2021 to US$ 1,761.49 million by 2028; it is estimated to grow at a CAGR of 61.29% during 2021–2028.

 

Over the past few years, advances in DNA digital data storage products have been making constant headlines. DNA digital data storage market can alter biological research and significantly impact h...

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DNA Digital Data Storage Market

The global DNA digital data storage market is projected to experience unprecedented growth in the coming decade. The largest growth opportunities for this market during the forecast period are in the North American region, owing to their growing awareness of DNA data storage, government initiatives, and technological advancements.

 

Along with these drivers, the DNA digital data storage market is also driven by the globally increasing need to enhance data storage, the rising popularity and application of DNA digital data storage, and the ongoing investments and innovations in DNA digital data storage. However, the main restraints for this market are the lack of random access ability and the high cost of DNA digital data storage.

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