Reference Management Software Market (Updated Version Available)

Reference Management Software is used to aid students, research-oriented professionals, and anyone else sourcing others\' material with citing accurately and efficiently.
Reference management software is mainly classified into the following types: cloud-based, web-based. Cloud-based is the most widely used type which takes up about 43% of the total sales in 2018. Reference management software has wide range of applications, such as academic, corporate and government. And academic was the most widely used area which took up about 66.15% of the global total in 2018. United States is the largest region of reference management software in the world in the past few years and it will keep increasing in the next few years. United States market took up about 37.2% the global market in 2018, while Europe and China were about 30.5%, 8.1%. USA and EU are now the key providers of reference management software. In developing countries, such as China, there are also some native providers, such as NoteExpress, which has an advantage in local language support.
In 2018, the global Reference Management Software market size was 240.7 million US$ and it is expected to reach 413.4 million US$ by the end of 2025, with a CAGR of 7.8% during 2019-2025.

This report focuses on the global Reference Management Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Reference Management Software development in North America and Europe..

The key players covered in this study
Mendeley
Clarivate (EndNote)
Chegg (EasyBib)
ProQuest (RefWorks)
Zotero
JabRef
Cite4me
Sorc\'d
Citavi
Paperpile
Digital Science (ReadCube)
wizdom.ai

Market segment by Type, the product can be split into
Cloud Based
Web Based

Cloud Based is the largest segment of Reference Management Software, with a market share of 56% in 2018. And this product segment is poised to reach 255.81 M USD by 2025 from 136.96 M USD in 2018.

Market Segment by Application, split into
Academic
Corporate
Government

In Reference Management Software market, the Academic holds an important share in terms of application, and it is expected to reach a revenue of 262 million USD by 2025, at a CAGR of 7.1% during 2019 and 2025.

Market segment by Regions/Countries, this report covers
North America
Europe

The study objectives of this report are:
To analyze global Reference Management Software status, future forecast, growth opportunity, key market and key players.
To present the Reference Management Software development in North America and Europe..
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Reference Management Software are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.