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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 Locations Chapter

The geographic distribution of establishments in the Libraries and Archives industry largely follows the distribution of the US population. The provision of federal, state and local government funding is key to construction of public libraries, which are generally evenly spread according to the number of citizens in each state. Private libraries and archives, on the other hand, are highly skewed toward the Mid-Atlantic and New England regions.

Mid-Atlantic

The Mid-Atlantic represents the largest proportion of libraries and archives, with 24.0% of industry establishments. There is a large number of public libraries in both New York and Pennsylvania due to the number of colleges in the area that not only require their use but also demand state and local funding... 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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