NGS Data Storage Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Offerings (Data Storage Solutions, Data Analysis Services, Other Offerings), By Read Length (Long Read Length, Short Read Length), By Sourcing Type (In-house NGS Data Storage, Outsourced NGS Data Storage), By Application (Oncology, Rare Diseases, Reproductive Health, Infectious Diseases, Central Nervous System, Others), By End User (Academic and Research Institutions, Pharmaceutical and Biotechnology Companies, Molecular Diagnostic Laboratories, Others), By Region and Competition, 2020-2030F

Market Overview

The Global NGS Data Storage Market, valued at USD 979.35 Million in 2024, is projected to experience a CAGR of 10.20% to reach USD 1753.99 Million by 2030. Next-Generation Sequencing (NGS) data storage encompasses the specialized infrastructure, systems, and solutions engineered to manage, archive, and retrieve the extensive genomic data volumes generated by advanced sequencing technologies. This market's expansion is primarily driven by the exponential growth of genomic data, a direct consequence of decreasing sequencing costs, and the escalating adoption of NGS in diverse applications such as genomics research, personalized medicine, and clinical diagnostics. Further impetus comes from increasing research and development activities in genomics and biotechnology.

The market also faces a significant challenge with data overload and the inherent complexities of storage scalability due to the unprecedented rate of data generation. For instance, according to EMBL's European Bioinformatics Institute, over 15 Petabytes of data were deposited into its archival resources in 2023, contributing to a cumulative total of approximately 105 Petabytes. This highlights the substantial and continually expanding requirements for robust and efficient storage solutions.

Key Market Drivers

The Global Next-Generation Sequencing NGS Data Storage Market is significantly shaped by the declining cost of next-generation sequencing, which has dramatically increased the accessibility and application of genomic technologies across various sectors. This reduction in cost makes large-scale sequencing projects more feasible, thereby intensifying the demand for robust data storage solutions. For instance, according to Illumina Inc. , in April 2023, its NovaSeq X sequencing system was capable of generating over 20,000 whole genomes annually at a cost of $200 per genome, signaling a profound shift towards greater data generation at lower unit costs. This economic advantage directly fuels the expansion of sequencing activities in both research and clinical diagnostics, requiring substantial increases in data archival and retrieval infrastructure.

Concurrently, the exponential growth in genomic data volume presents a considerable challenge and opportunity for the data storage market. The sheer scale of information generated by modern sequencing technologies necessitates sophisticated and scalable storage platforms capable of handling vast datasets efficiently. According to BioSpace, in December 2024, the annual growth rate of genomic data generation was approximately 50%, highlighting the relentless increase in data output. This surge not only demands immense storage capacity but also drives the need for advanced data analysis and management tools, shaping the development of integrated bioinformatics and storage systems. Moreover, the increasing complexity of genomic data management is underscored by significant investments in related infrastructure; for instance, according to Spelman College, in October 2025, a $483,620 federal grant from the National Institutes of Health was secured to establish an integrated genomic data science curriculum, addressing the critical shortage of professionals skilled in managing massive genomic datasets. This further emphasizes the critical interplay between data generation, storage, and skilled workforce development within the evolving genomics landscape.

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Key Market Challenges

The Next-Generation Sequencing (NGS) data storage market faces a significant challenge in managing data overload and the inherent complexities of storage scalability. The exponential generation of genomic data presents substantial obstacles for organizations striving to effectively store, manage, and retrieve this information. This rapid growth necessitates continuous upgrades to infrastructure and specialized technical expertise, which can strain budgets and operational capabilities for various institutions.

This persistent issue directly impedes the growth of the global NGS data storage market by increasing operational expenditures for research institutions and clinical facilities. The costs associated with acquiring, maintaining, and scaling storage solutions to accommodate ever-expanding datasets can divert capital that might otherwise be invested in new sequencing technologies or advanced analytical tools. For instance, according to the NIH's All of Us Research Program, in March 2024, researchers identified over 275 million previously unreported genetic variants from data shared by nearly 250,000 participants. Such substantial and continuous data generation underscores the immense and costly demands on existing and future storage infrastructures, thereby limiting widespread adoption and market expansion.

Key Market Trends

The widespread adoption of cloud and hybrid storage models represents a significant shift in how Next-Generation Sequencing data is managed, offering enhanced scalability and flexibility that on-premises solutions often cannot match. These models enable research institutions and healthcare providers to dynamically scale their storage infrastructure in response to ever-increasing data volumes without substantial upfront capital expenditure. This operational agility facilitates collaboration and provides robust data access for global research initiatives. According to SQ Magazine in July 2025, the healthcare sector experienced a 41% year-over-year increase in cloud adoption, highlighting this growing reliance. Genomics England, for example, utilizes cloud technology to underpin its digital infrastructure, enabling advanced DNA analysis for better disease prevention and personalized patient care, demonstrating the practical application of these models in handling tens of petabytes of sensitive genomic data.

An increasing emphasis on data security and regulatory compliance for genomic data profoundly impacts storage solutions within the NGS market. The highly sensitive nature of genetic information necessitates stringent security protocols to protect individual privacy and prevent misuse. This trend drives the development and implementation of advanced encryption, access controls, and auditing mechanisms, ensuring adherence to evolving global and national regulations like GDPR and HIPAA. According to the World Economic Forum's Global Cybersecurity Outlook 2025, 78% of leaders from private organizations perceived cyber and privacy regulations as effectively reducing risk within their ecosystems, underscoring the critical role of compliance. In January 2025, the National Institutes of Health implemented updated security requirements for controlled-access human genomic data, mandating compliance with NIST SP 800-171 to bolster participant protections and data integrity.

Segmental Insights

The Data Analysis Services segment represents a rapidly expanding area within the Global NGS Data Storage Market. This accelerated growth is primarily driven by the immense volume and inherent complexity of next-generation sequencing data, which necessitates specialized bioinformatics expertise and advanced computational tools for accurate interpretation. Extracting meaningful biological insights from raw sequencing information demands robust quality control, precise alignment, and sophisticated variant calling processes. The continuous integration of NGS into diverse applications, including clinical diagnostics, oncology, and personalized medicine, further escalates the demand for dedicated analysis services to transform complex genomic data into actionable intelligence. Such services are crucial for navigating the evolving landscape of bioinformatics methodologies and ensuring reliable research outcomes.

Regional Insights

North America leads the global NGS Data Storage Market, driven by its advanced healthcare, biotechnology, and information technology sectors. The region benefits from significant investments in genomic research and development, supported by initiatives like the Precision Medicine Initiative. This dominance is further strengthened by the presence of key market players, a sophisticated healthcare infrastructure, and clear regulatory guidance from bodies such as the U. S. Food and Drug Administration (FDA) and Clinical Laboratory Improvement Amendments (CLIA). Moreover, stringent data protection regulations, combined with the early adoption of advanced technologies and widespread cloud computing, solidify North America's leading position.

Recent Developments

• In December 2024, Ovation.io and Illumina formed a collaboration aimed at accelerating advancements in precision medicine and drug development. This partnership leverages Illumina's next-generation sequencing platforms and Ovation's extensive biobank, containing over 1.6 million de-identified, consented samples. The objective is to provide life sciences researchers with high-quality genomic data linked to rich, longitudinal clinical data at scale. This initiative directly impacts NGS data storage by creating large, integrated datasets to drive target identification and improve therapeutic development across various non-oncology indications.

• In September 2024, scientists at the University of Southampton announced a breakthrough in data storage technology by successfully storing the entire human genome on a 5D memory crystal. This innovative format offers unprecedented durability, capable of preserving information for billions of years without degradation, even under extreme temperatures. The technology could establish an everlasting repository for genomic data, potentially aiding future efforts to restore complex organisms or serving as a permanent record for endangered species. This advancement signifies a critical development for long-term, secure storage within the global NGS data storage market.

• In January 2024, Sapio Sciences collaborated with IQVIA to enhance genomics sequencing adoption for public health initiatives. Sapio provided its unified lab informatics platform, which integrates an electronic laboratory notebook, a laboratory information management system, and a scientific data cloud. This collaboration aims to equip scientists with powerful tools to manage sequencing workflows and vast genomic data, enabling them to visualize and analyze information efficiently within a single environment. The partnership addresses the increasing volumes and complexity of data generated by modern sequencing, ensuring better management and insights for advancing patient care and disease understanding.

• In January 2024, QIAGEN Digital Insights expanded its QIAGEN CLC Genomics Workbench Premium with LightSpeed technology, now supporting ultra-fast next-generation sequencing analysis for somatic cancer. This software accelerator converts raw sequencing data into interpretable genetic variants with significantly reduced time and cost. It can analyze a comprehensive cancer panel in minutes for under $0.72 per test within standard cloud environments, or efficiently on existing local hardware. This innovation enhances NGS data analysis efficiency, particularly for cloud-based genomic data storage, by lowering processing costs and accelerating turnaround times for labs.

Key Market Players

• Agilent Technologies, Inc.
• BGI Group
• DNAnexus, Inc.
• F. Hoffmann-La Roche Ltd.
• Illumina, Inc.
• Perkin Elmer, Inc.
• Pacific Biosciences of California, Inc.
• Qumulo, Inc.
• QIAGEN N.V.
• Thermo Fisher Scientific, Inc.

Report Scope:

In this report, the Global NGS Data Storage Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• NGS Data Storage Market, By Offerings:

o   Data Storage Solutions

o   Data Analysis Services

o   Other Offerings

• NGS Data Storage Market, By Data Storage Solutions:

o   Cloud-based Data Storage Solutions

o   On-Premises Data Storage Solutions

• NGS Data Storage Market, By Read Length:

o   Long Read Length

o   Short Read Length

• NGS Data Storage Market, By Sourcing Type:

o   In-house NGS Data Storage

o   Outsourced NGS Data Storage

• NGS Data Storage Market, By Application:

o   Oncology

o   Rare diseases

o   Reproductive Health

o   Infectious Diseases

o   Central Nervous System

o   Others

• NGS Data Storage Market, By End User:

o   Academic and Research Institutions

o   Pharmaceutical and Biotechnology Companies

o   Molecular Diagnostic Laboratories

o   Others

• NGS Data Storage Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global NGS Data Storage Market.

Available Customizations:

Global NGS Data Storage Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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