Libraries & Archives Industry

NAICS: 51912

Libraries & Archives Market Share: Largest Companies in the Libraries & Archives Industry

Company	Headquarters	Revenue ($ MM)
OSTERHOUT FREE LIBRARY	Wilkes Barre, PA	100
LIBRARY ASSOCIATES	Charleston, SC	99
DAUPHIN COUNTY LIBRARY SYSTEM	Harrisburg, PA	45
HARTFORD PUBLIC LIBRARY	Hartford, CT	42
WESTPORT LIBRARY ASSOCIATION	Westport, CT	34
CATHOLIC SOCIAL SERVICES	Anchorage, AK	31
FERGUSON LIBRARY	Stamford, CT	26
AAA TRIPLE 'S' SERVICES	Port St Lucie, FL	25
COOPERATING LIBRARIES AUTOMATED NETWORK	Warwick, RI	23
PHOTOSHELTER	New York, NY	23
LOCAL PUBLIC EATERY SEATTLE	Seattle, WA	19
STRATFORD LIBRARY ASSOCIATION	Stratford, CT	17
SCHLOW CENTRE REGION LIBRARY	State College, PA	15
TOMPKINS COUNTY PUBLIC LIBRARY	Ithaca, NY	15
ESP KREUZER CORES	Wheaton, IL	14
BRUNSWICK PUBLIC LIBRARY ASSOCIATION	Brunswick, ME	13
ACCUFILE	Lexington, MA	13
CYRENIUS H. BOOTH LIBRARY	Newtown, CT	13
WILLIAM & MARGARETTA TAYLOR MEMORIAL ASSOCIATION	Cuyahoga Falls, OH	13

This is a list of the largest companies active in the Libraries & Archives industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Libraries & Archives industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Libraries & Archives Companies

A list of competitors in the Libraries & Archives industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Libraries & Archives businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Libraries & Archives companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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