The global data analytics, storage and management in life sciences market is expected to register a CAGR of 12.0% during the forecast period and is projected to reach US$43,895.69 million by 2027. Data analysis, storage and management provide operational benefits to a company by increasing the efficiency of electronic data storage. The market for data analysis, storage and management in life sciences is growing due to the increasing government initiatives to increase the adoption of various data-based solutions and the growing demand for data storage and management solutions due to the massive amount of data generated in the field of life sciences.