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2025 U.S. Industry Statistics & Market Forecast - Libraries and Archives
Market Size & Industry Statistics
The total U.S. industry market size for Libraries and 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.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Product & Services Breakdown
Research products and services in the Libraries and Archives industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
|---|---|---|---|
Industry Total |
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Contributions, Gifts, And Grants (Libraries And Archives Only.) |
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Library And Archival Institution Services |
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Library Services |
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Archival Institution Services |
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Information Search And Retrieval Services |
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All Other Receipts |
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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.
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 Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| 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 Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Libraries and Archives company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry 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 and Archives industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| 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). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Libraries and Archives measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry 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. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry 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. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| 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. |
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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.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 15% | Order at top of page |
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| Chief Executives | 0% | |||
| General and Operations Managers | 4% | |||
| Business and Financial Operations Occupations | 11% | |||
| Business Operations Specialists | 9% | |||
| Computer and Mathematical Occupations | 38% | |||
| Computer Occupations | 36% | |||
| Software and Web Developers, Programmers, and Testers | 28% | |||
| Software Developers | 24% | |||
| Educational Instruction and Library Occupations | 7% | |||
| Librarians, Curators, and Archivists | 7% | |||
| Sales and Related Occupations | 10% | |||
| Sales Representatives, Services | 8% | |||
| Miscellaneous Sales Representatives, Services | 6% | |||
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | 6% | |||
| Office and Administrative Support Occupations | 12% | |||
| Information and Record Clerks | 7% | |||
Libraries and Archives Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Libraries and Archives industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Libraries and Archives industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Libraries and Archives industry. |
Source:
Latest Industry News
- How the KC Library is preserving a ‘time capsule of Black history’ from The Call - In a deal that was more of a decade in the making, the library acquired The Call’s photography archive, which contains approximately 70,000 photos, documents, reporters’ notes and letters kept in boxes underground near Worlds of Fun in Subtropolis. (07/16/2025)
- Library cuts threaten the “bridge across the digital divide” - Summer reading programs, English language classes, online research databases used in public schools across the state, free newspaper archives, e-book access, and GRE and career prep resources are (07/16/2025)
- Democrats to Introduce ‘Anti-Corruption’ Legislation for Presidential Library Donations in Wake of Paramount Settlement - The move, led by Elizabeth Warren, comes after Disney and Paramount agreed to make donations to a future presidential library as part of lawsuit settlements with Donald Trump (07/16/2025)
- Commemorating and Preserving Local and Military History, APUS Donates 7,500 Books, War Journals, and Archives from Richard G. Trefry Library - American Public University System (APUS) is donating approximately 7,500 books, journals, artifacts, and archival collections to several non-profit organizations, signaling its strong ties to the local community and U. (07/16/2025)
- Critics of Trump's presidential library fundraising say "there are no rules" - CBS News analysis finds that up to $63 million has been raised for Mr. Trump's future presidential library so far from legal settlements alone. (07/16/2025)
- Oasis Week at Manchester Library as quizzes, lookalike competitions and live music celebrate band's return - Live music, film screenings and look-a-like competitions are all to be found in Manchester Central Library this week, as they take part in the city-wide celebrations of Liam and Noel Gallagher's return with their very own ‘Oasis Week’. (07/15/2025)
- What's next for the former Librarian of Congress with central Illinois ties - SPRINGFIELD -- The former Librarian of Congress who has ties to central Illinois and was abruptly dismissed by President Donald Trump in May has a new appointment. Carla Hayden is joining the Andrew W. Mellon Foundation, the country’s largest philanthropic supporter of the arts, as a senior fellow, according to The Associated Press. (07/14/2025)
- Get the most out of York Explore libraries this summer - Jenny Layfield, Chief Executive Explore York Libraries and Archives, invites us all into the library for summer (07/08/2025)
- Adisoke: Ottawa's new super library could be delayed by construction 'pressures' - Construction industry “pressures” could delay the scheduled opening of ?dis?ke, the new $334-million Ottawa Public Library and Library and Archives Canada joint facility, city staff told councillors Tuesday. (06/04/2025)
- Ottawa's new central library ?dis?ke could face delays - Ottawa's new central library is nearing completion, but there are fresh concerns that its anticipated opening next summer could be delayed, the project manager told a city committee Tuesday. (06/03/2025)
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