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2018 Market Analysis & Industry Outlook: Libraries & Archives

Overview: the U.S. Libraries & Archives Industry

This section provides answers to key questions about the industry:

  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. industry market size for Libraries & Archives: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)

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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Libraries & Archives industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Contributions, Gifts, And Grants (Libraries And Archives Only.)

Library And Archival Institution Services

Library Services

Archival Institution Services

Information Search And Retrieval Services

All Other Receipts

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Libraries & Archives company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Libraries & Archives industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Libraries & Archives measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 12%

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Chief Executives0%
General and Operations Managers3%
Business and Financial Operations Occupations 9%
Business Operations Specialists 7%
Computer and Mathematical Occupations 30%
Computer Occupations 30%
Software Developers and Programmers 22%
Software Developers, Applications 15%
Education, Training, and Library Occupations 7%
Librarians, Curators, and Archivists 6%
Arts, Design, Entertainment, Sports, and Media Occupations 10%
Media and Communication Workers 7%
Sales and Related Occupations 10%
Sales Representatives, Services 8%
Miscellaneous Sales Representatives, Services 5%
Sales Representatives, Services, All Other 5%
Office and Administrative Support Occupations 17%
Information and Record Clerks 9%
Source: Bureau of Labor Statistics

Libraries & Archives Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate

Top Innovators

CompanyInnovation Score

Additional companies, details and innovation scoring in the full report.

Latest Industry News

  • Folks Are Hating On Obama’s Forthcoming Presidential Library In Chicago - Barack Obama‘s presidential library has drawn a lot of attention from Chicagoans, but not all of it has been positive. Ambitious plans for the center coming to the city’s South Side have prompted debates, with some folks straight up hating on it, The ... (01/13/2018)
  • Seymour Library: A new year to read more - Seymour Library is kicking off its 2018 reading challenge with 26 categories. This year’s categories include a book featuring royalty, a re-read from your childhood, a book by an author of a different ethnicity than you, and more. We picked the themes ... (01/13/2018)
  • Call Box: Springfield Library was ‘temple of knowledge’ - Dear Call Box: I heard there was a library for Springfield-area residents that was in an old house. I’d like to know more about it. Dear S.M.: The Springfield Library was in a Victorian mansion cluttered with oak shelves lined with books. It was a ... (01/13/2018)
  • Franklin Township Public Library to Host Free Blues Concert Next Month - SOMERSET, NJ - The public is invited to a free blues concert with SaRon Crenshaw and his band, 2 p.m., Feb. 4, at the Franklin Township Public Library. He has shared stages with talented recording artists such as Lee Fields, Roy Roberts, Denise LaSalle ... (01/13/2018)
  • Movie Buffs Welcome to Library’s Monthly Movie Club - Dann and Raymond's Movie Club, hosted by Daily Herald Film Critic Dann Gire and award-winning author Raymond Benson, will meet from 7:30-9:30 p.m., Thursdays, Feb. 7 and March 1, in the Rasmussen North Room of the Schaumburg Library, 130 S. Roselle Rd ... (01/13/2018)
  • No final decision on fate of Lyons library cat - LYONS — Some residents in central Michigan are hoping local officials will allow a cat to stay in the public library. The Lyons Township District Library Board of Directors decided last month that the cat would have to leave the Lyons Public Library ... (01/13/2018)
  • Hinsdale Library Hosts Jazz Vocalist - HINSDALE, IL — The Hinsdale Public Library will host jazz vocalist Alyssa Allgood in its HPL After Dark: Jammin' in the Stacks event. According to the library website, the event will be held from 7 to 8:45 p.m. on Friday, Jan. 19. The library is ... (01/13/2018)
  • Bethlehem Public Library's chief welcomes survey on its future with Bethlehem Township - The executive director of the Bethlehem Area Public Library is expected to give a presentation at Monday’s meeting of the Bethlehem Township commissioners. Josh Berk said he is scheduled to brief commissioners on the services that the library offers. (01/12/2018)
  • Philadelphia library names new city poet laureate - Raquel Salas Rivera was named the poet laureate for 2018-2019 in a ceremony at the Free Library of Philadelphia on Monday. Thirty-two-year-old Rivera is a bilingual poet, writing and reading work primarily in Spanish, and later translating into English. (01/12/2018)

Government Contracts

In 2016, the federal government spent a total of $57,596,252 on Libraries & Archives. It has awarded 461 contracts to 157 companies, with an average value of $366,855 per company.   

Top government vendors:

CompanyFederal ContractsTotal Award Amount

Segments classified within this market research report

This industry market research report includes companies whose primary business is any of the following:
Lending libraries, Circulating libraries, Libraries (except motion picture stock footage, motion picture commercial distribution), Centers for documentation (i.e., archives), Bookmobiles, Motion picture film libraries, archives, Film archives, Music archives, Reference libraries, Archives, etc.

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