Market Dynamics
The market is driven by factors such as the rise in demand for library management software from APAC and the growing need for library management software in K-12 schools in the US. However, growing concerns about data security will be hindering the market growth.
Increase in technological advancements and M&A in the library services and automation market will provide several growth opportunities for market players. On the other hand, the increased piracy of library management software will challenge their growth.
Company Profiles
The library management software market report includes information on the product launches, sustainability, and prospects of leading 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.
Competitive Analysis
The library management software market report includes the competitive analysis, which analyzes and evaluates the position of companies based on their industry position score and market performance score. Some of the factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Market Segmentation
- By End-user, the market is classified into school library, public library, academic library, and others). The market demand from the school library segment is expected to be maximum over the forecast period.
- By Geography, the market is analyzed across North America, APAC, Europe, MEA, and South America. North America will have the largest share of the market.
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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 over 2% |
Market growth 2021-2025 |
USD 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 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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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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