Libraries and archives collectpreserve and provide public access to various forms of digital and physical mediasuch as booksjournals and newspapers. The Libraries and Archives industry is primarily funded by governments based on the public good it provideswith most industry services provided to users free of charge. Government funding accounts for more than 90% of industry revenue. As a resulttrends in federalstate and local government funding strongly influence industry performance. The remaining share of industry revenue is typically derived from fees and late chargesas well as private funding and donations.
The Libraries and Archives industry is split into three service segments: national and state public librarieslocal government librariesand national and state archives. Government expenditure accounts for approximately 90% of industry revenuewith the remaining share derived from own-sourceome channels such as hiring feesdatabase access and private funding.Local government librariesLocal government libraries account for over half of industry revenue in the current year. Local government libraries hold generalised collections that aim to cater to all community groups. The number of local government libraries has declined over the past five yearswith most of these closures coming from municipal libraries.
In 2018, the global Libraries and Archives market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Libraries and Archives status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Libraries and Archives development in United States, Europe and China.
The key players covered in this study
Library of Congress
New York Public Library
National Archives of Australia
German National Library
Market segment by Type, the product can be split into
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Libraries and Archives status, future forecast, growth opportunity, key market and key players.
To present the Libraries and Archives development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Libraries and Archives are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.