Library Management Software Market

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Library Management Software Market Share, Size, Analysis,
Growth, Strategies, Trends and Forecasts to 2024 | Hexa Research
"Library Management Software Market Worth USD
2.80 Billion By 2024."
The global Library Management Software Market is expected to reach USD 2.80 billion by 2024. Emerging
trend automating library functions is expected to be one of the key driving factors of the market. In 2016,
North American dominated the global market contributing to 40.5% of the market share pertai ning to the
increasing number of online libraries along with corporates. Asia Pacific is expected to grow at the fastest
CAGR over the forecast period pertaining to the increasing awareness of education in the region.
In compliance with the driving factors, companies are focusing on software development as well as mergers
and acquisitions to expand their presence in global market. For instance, in October 2015, ProQuest
successfully acquired Ex Libris to provide new solutions that will help libraries to se ize the opportunities in
rapidly changing technology. This strategy has been helpful to both libraries and the company’s financial
position on accounts of profound investments in research and libraries.
The companies are also focusing on expanding their software portfolio to maximize its end use through
means of various strategies. For instance, in April 2015, EBSCO acquired an online platform named
LearningExpress which would benefit the company to expand its student library range to help the students
improve their academic skills and get ready for mock test series.
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Cloud-based library solutions dominated the global library software market in 2016 and are expected to
maintain its position over the forecast period. Furthermore, the cloud-based software was extensively used
owing to several benefits like multi lingual articles, multiple format support and easy access. Furthermore,
steady demand for on-premises solutions on account of several benefits including user comfort, pleasant
surrounding along with rising footfall of students is expected to upsurge the progression of the market. This
segment is expected to grow at CAGR of 2.7% over the projection period
The lucrative growth of library management software market primarily driven by increasing tangible stock
which is also likely to be favored by easy access and use through smartphones or any other online platforms.
These factors are expected to result in a noticeable growth of the global library management software
market over the next forecast period.
Hexa Research has segmented the global library management software market based on deployment, end use and region:
Segmentation by deployment, 2014 - 2024 (USD Million)
• Cloud based
• On-premises
Segmentation by end-use, 2014 - 2024 (USD Million)
• School Library
• Public Library
• Academic Library
• Others
Segmentation by region, 2014 - 2024 (USD Million)
• North America
• U.S.
• Europe
• Asia Pacific
• China
• India
• Central & South America
• MEA
Key players analyzed
• Civica Pty Limited
• ProQuest
• Innovative Interfaces, Inc.
• SirsiDynix
• Book Systems Inc
• Insignia Software.
• PrimaSoft PC
• Follett Corporation
• Soutron Ltd.
• LIBSYS Ltd.
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Table of Content of Library Management Software Market
Chapter 1. Market Summary
1.1. Market trends & movement
Chapter 2. Library management software Market Trends: Drivers & Opportunities
2.1. Introduction
2.2. Key industry trends
2.3. Market drivers
2.4. Market restraints
2.5. Value chain analysis
2.6. Porter's Five Forces analysis
2.7. SWOT
2.8. Regulatory framework
Chapter 3. Library Management Software Market Trends, By End-User
3.1. Global library management software market movement, by End-User, 2016 & 2024
3.1.1. School Library
3.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Million)
3.1.2. Public Library
3.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Million)
3.1.3. Academic Library
3.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Million)
3.1.4. Others
3.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Million)
Chapter 4. Library management software Market Trends, By Deployment
4.1. Global library management software market movement, by deployment, 2016 & 2024
4.1.1. Cloud based
4.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Million)
4.1.2. On-premise
4.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Million)
Chapter 5. Library management software Market Trends, By Region
5.1. Global library management software market movement, by region, 2014 & 2024
5.1.1. North America
5.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Million)
5.1.1.2. Market estimates and forecast, by end-user, 2014 - 2024 (USD Million)
5.1.1.3. Market estimates and forecast, by deployment, 2014 - 2024 (USD Million)
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5.1.2. Europe
5.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Million)
5.1.2.2. Market estimates and forecast, by end-user, 2014 - 2024 (USD Million)
5.1.2.3. Market estimates and forecast, by deployment, 2014 - 2024 (USD Million)
5.1.3. Asia Pacific
5.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Million)
5.1.3.2. Market estimates and forecast, by end-user, 2014 - 2024 (USD Million)
5.1.3.3. Market estimates and forecast, by deployment, 2014 - 2024 (USD Million)
5.1.4. Central & South America
5.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Million)
5.1.4.2. Market estimates and forecast, by end-user, 2014 - 2024 (USD Million)
5.1.4.3. Market estimates and forecast, by deployment, 2014 - 2024 (USD Million)
5.1.5. MEA
5.1.5.1. Market estimates and forecast, 2014 - 2024 (USD Million)
5.1.5.2. Market estimates and forecast, by end-user, 2014 - 2024 (USD Million)
5.1.5.3. Market estimates and forecast, by deployment, 2014 - 2024 (USD Million)
Chapter 6. Key Country Markets
6.1. U.S.
6.1.1. Market estimates and forecast, 2014 - 2024 (USD Million)
6.1.2. Market estimates and forecast, by end-user, 2014 - 2024 (USD Million)
6.1.3. Market estimates and forecast, by deployment, 2014 - 2024 (USD Million)
6.2. China
6.2.1. Market estimates and forecast, 2014 - 2024 (USD Million)
6.2.2. Market estimates and forecast, by end-user, 2014 - 2024 (USD Million)
6.2.3. Market estimates and forecast, by deployment, 2014 - 2024 (USD Million)
6.3. India
6.3.1. Market estimates and forecast, 2014 - 2024 (USD Million)
6.3.2. Market estimates and forecast, by end-user, 2014 - 2024 (USD Million)
6.3.3. Market estimates and forecast, by deployment, 2014 - 2024 (USD Million)
Chapter 7. Competitive Landscape
7.1. Competitive landscape analysis, 2016
7.2. Strategic framework
7.3. Potential customer base concentration
7.4. Company market positioning
7.5. Company profiles
7.5.1. Civica Pty Limited.
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7.5.1.1. Company Overview
7.5.1.2. Product Benchmarking
7.5.1.3. Financial Performance
7.5.1.4. Recent Initiatives
7.5.2. ProQuest
7.5.2.1. Company Overview
7.5.2.2. Product Benchmarking
7.5.2.3. Financial Performance
7.5.2.4. Recent Initiatives
7.5.3. Innovative Interfaces, Inc.
7.5.3.1. Company Overview
7.5.3.2. Product Benchmarking
7.5.3.3. Financial Performance
7.5.3.4. Recent Initiatives
7.5.4. SirsiDynix
7.5.4.1. Company Overview
7.5.4.2. Product Benchmarking
7.5.4.3. Financial Performance
7.5.4.4. Recent Initiatives
7.5.5. Book Systems Inc.
7.5.5.1. Company Overview
7.5.5.2. Product Benchmarking
7.5.5.3. Financial Performance
7.5.5.4. Recent Initiatives
7.5.6. Insignia Software
7.5.6.1. Company Overview
7.5.6.2. Product Benchmarking
7.5.6.3. Financial Performance
7.5.6.4. Recent Initiatives
7.5.7. PrimaSoft PC
7.5.7.1. Company Overview
7.5.7.2. Product Benchmarking
7.5.7.3. Financial Performance
7.5.7.4. Recent Initiatives
7.5.8. Follett Corporation
7.5.8.1. Company Overview
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7.5.8.2. Product Benchmarking
7.5.8.3. Financial Performance
7.5.8.4. Recent Initiatives
7.5.9. Soutron Ltd.
7.5.9.1. Company Overview
7.5.9.2. Product Benchmarking
7.5.9.3. Financial Performance
7.5.9.4. Recent Initiatives
7.5.10. LIBSYS Ltd.
7.5.10.1. Company Overview
7.5.10.2. Product Benchmarking
7.5.10.3. Financial Performance
7.5.10.4. Recent Initiatives
7.5.11. List of other vendors
Chapter 8. Methodology and Scope
8.1. Research methodology
8.2. Research Scope & Assumptions
8.3. List of data sources
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The global library management software market is expected to reach USD 2.80 billion by 2024. Emerging trend automating library functions is expected to be one of the key driving factors of the market

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