Library Management Software Market by End-user, Deployment, and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR43418
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The library management software market has the potential to grow by USD 273.59 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 2.41%.

This library management software market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (school library, public library, academic library, and others), deployment (cloud-based and on-premises), and geography (North America, APAC, Europe, MEA, and South America). The library management software market report also offers information on several market vendors, including Awapal Solutions Pvt. Ltd., Axiell Group, Civica UK Ltd., CR2 Technologies Ltd., Insight Informatics Pty Ltd., PowerSchool Group LLC, PrimaSoft PC Inc., ProQuest LLC, PTFS Inc., and Soutron Ltd. among others.

What will the Library Management Software Market Size be in 2021?

Library-Management-Software-Market-Market-Size-2020-2025

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Library Management Software Market: Key Drivers and Trends

The rise in demand for library management software from APAC is notably driving the library management software market growth, although factors such as growing concerns about data security may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the library management software industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This library management software market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Library Management Software Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Awapal Solutions Pvt. Ltd.
  • Axiell Group
  • Civica UK Ltd.
  • CR2 Technologies Ltd.
  • Insight Informatics Pty Ltd.
  • PowerSchool Group LLC
  • PrimaSoft PC Inc.
  • ProQuest LLC
  • PTFS Inc.
  • Soutron Ltd.

 

The vendor landscape of the library management software market entails successful business strategies deployed by the vendors. The library management software market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the library management software market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Library Management Software Market?

Library-Management-Software-Market-Market-Share-by-Region-2020-2025

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51% of the market’s growth will originate from North America during the forecast period. The US is a key market for library management software in North America. 

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The growing need for library management software in K-12 schools in the US will facilitate the library management software market growth in North America over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating End-user Segments in the Library Management Software Market?

Library-Management-Software-Market-Market-Share-by-End-2020-2025

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The library management software market share growth by the school library segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the library management software market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Scope of Report

Features

Included Data

Base year for market size assessment

2021

Forecast period

2021-2025

Growth momentum and forecast

Accelerate at a CAGR of 2.41%

Regional analysis

North America, APAC, Europe, MEA, and South America

Key consumer countries

US, UK, China, Russian Federation, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Awapal Solutions Pvt. Ltd., Axiell Group, Civica UK Ltd., CR2 Technologies Ltd., Insight Informatics Pty Ltd., PowerSchool Group LLC, PrimaSoft PC Inc., ProQuest LLC, PTFS Inc., and Soutron Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Library Management Software Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive library management software market growth during the next five years
  • Precise estimation of the library management software market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the library management software market across North America, APAC, Europe, MEA, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of library management software market vendors

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Library Management Software Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 2.41%

Market growth 2021-2025

$ 273.59 million

Market structure

Fragmented

YoY growth (%)

0.97

Regional analysis

North America, APAC, Europe, MEA, and South America

Performing market contribution

North America at 51%

Key consumer countries

US, UK, China, Russian Federation, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Awapal Solutions Pvt. Ltd., Axiell Group, Civica UK Ltd., CR2 Technologies Ltd., Insight Informatics Pty Ltd., PowerSchool Group LLC, PrimaSoft PC Inc., ProQuest LLC, PTFS Inc., and Soutron Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The library management software market growth will increase by $436.71 million during 2019-2024.
The library management software market is expected to grow at a CAGR of 3.52% during 2019-2024.
Technavio has segmented the library management software market by end user (School library, Public library, Academic library, and Others) and geographic (North America, APAC, Europe, MEA, and South America).
Civica UK Ltd., CR2 Technologies Ltd., ICV Partners LLC (SirsiDynix), Insight Informatics Pty Ltd., PowerSchool Group LLC, PrimaSoft PC Inc., ProQuest LLC, PTFS Inc., Soutron Ltd., Tech-Receptives Solutions Pvt. Ltd. are a few of the key vendors in the library management software market.
North America will register the highest growth rate of 45.05% among the other regions. Therefore, the library management software market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • UK
  • China
  • Russian Federation
  • Canada
The key factors driving the library management software market growth are:
  • Rise in demand for library management software from APAC
The library management software market vendors should focus on grabbing business opportunities from the school library segment as it accounted for the largest market share in the base year.
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