Electronic Lab Notebook Market size to grow by USD 157.12 million from 2023-2028, North America to account for 46% of market growth - Technavio
NEW YORK, Nov. 13, 2023 /PRNewswire/ -- The electronic lab notebook market size is expected to grow by USD 157.12 million from 2023 to 2028. In addition, the momentum of the market will progress at a CAGR of 4.77% during the forecast period, according to Technavio Research. The market is segmented based on Deployment (On-premises and Cloud), End-user (Pharmaceuticals, Chemicals, Biology, Academic, and Others), and Geography (North America, APAC, Europe, South America, and Middle East and Africa). This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Read a FREE PDF Sample Report
North America will contribute 46% to the growth of the global market during the forecast period. With the US and Canada as the leading revenue-generating countries, the region is a dominant market for the electronic lab notebook market. The regional market growth can be attributed to factors such as the growing focus on drug development and research, increasing emphasis on food safety and inspection, and the presence of a significant number of prominent vendors.
Company Profile:
Agaram Technologies Pvt. Ltd., Agilent Technologies Inc., Alchemy Cloud Inc., Benchling Inc., Bio ITech B.V., BioData Inc., Bruker Corp., Dotmatics, Groupe Industriel Marcel Dassault, Labii Inc., LabWare Inc., Mahindra and Mahindra Ltd., PerkinElmer Inc., Pillar Science, Sapio Sciences LLC, SciNote LLC, SoftFormance, STARLIMS Corp., Thermo Fisher Scientific Inc., Xybion Digital Inc.
Agaram Technologies Pvt. Ltd - The company offers electronic lab notebooks, namely Logilab ELN, a cloud-based Electronic Lab Notebook (ELN) designed to enable a completely paperless environment for labs to record, execute, and store test and research data.
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The on-premises segment will be significant during the forecast period. However, the share of the on-premises segment is expected to decline owing to the high cost of implementing and upgrading electronic lab notebooks and limited options for scalability. Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a PDF Sample Report
"Besides analyzing the current market scenario, our report examines historic data from 2017 to 2021"- Technavio
Electronic Lab Notebook Market: Driver & Trend:
Driver
- Advantages of electronic lab notebook
- Growing need to enhance business efficiency
- Launch of new electronic lab notebook by vendors
An electronic lab notebook replicates an interface similar to a page in a paper lab notebook. Users can enter protocols, observations, notes, and other data using a computer or mobile device using this notebook technology. Various benefits over traditional paper notebooks, including facilitating good data management practices, providing data security, supporting auditing, and allowing are offered by electronic lab notebooks.
Trend
The introduction of cloud-based deployment solutions is a major trend influencing market growth. Identify key trends, drivers, and challenges in the market. Download a sample report to gain access to this information.
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ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Deployment
Market Segmentation by End-user
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
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SOURCE Technavio
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