Lucintel Forecasts The Global Ngs Data Storage Market To Grow With A Cagr Of 12.8% From 2025 To 2031

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global NGS data storage market looks promising with opportunities in the academic & research institution, pharmaceutical company, clinical laboratory, and biotechnology company markets. The global NGS data storage market is expected to grow with a CAGR of 12.8% from 2025 to 2031. The major drivers for this market are the rising demand for genomic data analysis, the increasing adoption of precision medicine, and the growing volume of ngs data generation.
A more than 150-page report to understand trends, opportunity and forecast in global NGS data storage market to 2031 by type of storage solution (on-premises storage, cloud-based storage, and hybrid storage solutions), technology (traditional hard disk drives, solid-state drives, network attached storage, and object storage), application (research & genomic studies, clinical diagnostics, drug development, personalized medicine, and others), end use (academic & research institutions, pharmaceutical companies, clinical laboratories, biotechnology companies, and others), and region (North America, Europe, ...
... Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type of storage solution category, cloud-based storage is expected to witness the highest growth over the forecast period.
Within the end use category, academic & research institution is expected to witness the highest growth.
Download sample by clicking on NGS data storage market.
In terms of region, APAC is expected to witness the highest growth over the forecast period.
Illumina, DNAnexus, BGI Group, Fabric Genomics, PerkinElmer, Qumulo, Thermo Fisher Scientific, Agilent Technologies, PacBio, QIAGEN are the major suppliers in the NGS data storage market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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