Global Reference Management Software Market Size, Status and Forecast 2021-2027

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.

Market Analysis and Insights: Global Reference Management Software Market
The global Reference Management Software market size is projected to reach US$ 479.4 million by 2027, from US$ 283.4 million in 2020, at a CAGR of 7.8% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Reference Management Software market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Reference Management Software market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Reference Management Software market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Reference Management Software market.

Global Reference Management Software Scope and Market Size
Reference Management Software market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Reference Management Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
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.

Segment by Application
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.

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Mendeley
Clarivate (EndNote)
Chegg (EasyBib)
ProQuest (RefWorks)
Zotero
JabRef
Cite4me
Sorc’d
Citavi
Paperpile
Digital Science (ReadCube)
wizdom.ai