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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Analysis Chapter

The Libraries and Archives industry is comprised of public and private libraries and archives that maintain collections of documents, artwork, photographs and related material. So public libraries can provide free access to the public, they are fully supported by various levels of government funding and private donations. Private libraries are funded through member contributions and endowments and may charge a membership fee for access. All public libraries and most private libraries operate on a nonprofit basis; any operating surplus is allocated to endowments and other funds supporting long-term library operations. This industry does not include university libraries, corporate libraries and other establishments with libraries that do not primarily provide library services... 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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