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Libraries & Archives in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Libraries & Archives Market Research Report | Advisory & Financial Services | Investment Research & Platforms | Jul 2014

Page turner: Stronger government funding will help the industry grow steadily

IBISWorld’s Libraries & Archives market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$15bn
Annual Growth 09-14
-1.2%
Annual Growth 14-19
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Profit
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Employment
165,342
Businesses
10,861
Industry Analysis & Industry Trends

Declining government support over the past five years can be entirely attributed to the recession. Rising unemployment and falling disposable income resulted in declining tax revenue for state and local governments, which necessitated budget cuts. Since many public libraries serve as the only source of free computers and wireless internet in their community, according to the American Library Association, funding is anticipated to rise as the economy recovers and tax revenue increases. Rising disposable income levels will also bolster consumer donations to libraries.... purchase to read more

Industry Report - Industry Products Chapter

The majority of income in the Libraries and Archives industry is earned through funding from federal and state government. In addition, establishments in this industry also provide borrowing services, in-house book and database access, access to computers and other digital databases and archival institution services.

Borrowing and in-house access

Borrowing services and the provision of in-house book and database access are estimated to account for a respective 40.1% and 31.2% of industry revenue in 2014. Libraries and other establishments that hold archives allow users to borrow books so that they are able to read them at their leisure before returning them in a specific timeframe... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Libraries & Archives Industry?

Industry establishments provide library or archiving services, maintaining collections of documents for informational, research, educational or recreational needs. Libraries store historical documents, photographs, maps, audio material and audiovisual material, and make them accessible to the public. This industry includes both public and private libraries, but excludes university libraries, corporate libraries and establishments that do not primarily provide library services.

Industry Products
In-house book and database accessBorrowing servicesAccess to computers and digital databasesArchival institution services
 
Industry Activities
Operate general archivesOperate circulating and lending librariesOperate film archivesOperate reference librariesOperate music archives


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