Market Overview:
The global citation tools market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing adoption of citation tools by academic institutions, corporate organizations, and government agencies for research and development purposes. Additionally, the growing trend of cloud-based citation tools is also contributing to the growth of this market. However, lack of awareness about these tools among end users is restraining the growth of this market.
Product Definition:
Citation tools are used to create citations for academic papers. They allow you to easily reference the work of other scholars in your writing. This allows your readers to quickly and easily find the information you are citing, as well as learn more about the sources you are using.
Cloud Based:
Cloud-based solutions are software-as-a-service (SaaS) applications that provide data processing and storage capabilities remotely. Cloud computing is a part of the larger field of distributed computing, which includes cloud networking, cloud security, and cloud infrastructure among other aspects. The key difference between these technologies is that with cloud networking technology the data or information can be accessed from any location in real time whereas with cloud based security technology it helps to secure sensitive information at rest or during transmission.
Web Based:
The global web-based is a software-as-a-service platform that enables users to access data from remote locations in the form of research papers, books, and other sources. It also helps them in managing their workflows effectively by providing an integrated environment for collaboration and information sharing. The major advantage of this system is that it offers flexibility to its users as it can be accessed from any location or device with an internet connection.
Application Insights:
The academic segment accounted for the largest revenue share of over 60% in 2017. The growth can be attributed to the increasing usage of web-based tools by researchers across various institutions and universities. Furthermore, growing research activities in several industries such as pharmaceuticals, IT and telecom, chemicals among others are expected to drive the demand for GLCTs over the forecast period.
The corporate segment is anticipated to witness a significant CAGR exceeding 12% from 2018 to 2030 owing to increased use of citation tool by companies in order to build their brand image among consumers globally. Moreover, companies are also using these citation tools not only for internal purposes but also as a medium through which they communicate with their customers on various issues related with product quality or service delivery etc., which is further likelyto propel its demand over next eight years (2018 - 2030).
Regional Analysis:
The Asia Pacific region is expected to witness the highest CAGR of XX% from 2018 to 2030. The growth can be attributed to the increasing number of internet users in this region and rising awareness about online research. According to a study conducted by Google Inc., it was estimated that there were 1.4 billion internet users in Asia Pacific as of 2016, who represented 61% of global population at that time. Moreover, countries such as India and China are witnessing rapid adoption rate for digital services owing to increased disposable income among their populations; thereby driving the market demand for citation tools in this region significantly over the forecast period.
North America held a significant share in 2017 owing to growing usage rates for academic resources among students across U.S.
Growth Factors:
- Increasing demand for online research and reference tools
- Rising number of academic and research institutions
- Proliferation of open access journals and repositories
- Growing demand for cloud-based citation tools
- Emergence of new players in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Citation Tools Market Research Report
By Type
Cloud Based, Web Based
By Application
Academic, Corporate, Government
By Companies
Mendeley, Clarivate (EndNote), Chegg (EasyBib), ProQuest (RefWorks), Zotero, JabRef, Cite4me, Sorc’d, Citavi, Paperpile, Digital Science (ReadCube), wizdom.ai, NoteExpress
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Citation Tools Market Report Segments:
The global Citation Tools market is segmented on the basis of:
Types
Cloud Based, Web Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Academic, Corporate, Government
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mendeley
- Clarivate (EndNote)
- Chegg (EasyBib)
- ProQuest (RefWorks)
- Zotero
- JabRef
- Cite4me
- Sorc’d
- Citavi
- Paperpile
- Digital Science (ReadCube)
- wizdom.ai
- NoteExpress
Highlights of The Citation Tools Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- Web Based
- By Application:
- Academic
- Corporate
- Government
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Citation Tools Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Citation tools are software programs that help researchers find and use sources of information.
Some of the major players in the citation tools market are Mendeley, Clarivate (EndNote), Chegg (EasyBib), ProQuest (RefWorks), Zotero, JabRef, Cite4me, Sorc’d, Citavi, Paperpile, Digital Science (ReadCube), wizdom.ai, NoteExpress.
The citation tools market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Citation Tools Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Citation Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Citation Tools Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Citation Tools Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Citation Tools Market Size & Forecast, 2018-2028
4.5.1 Citation Tools Market Size and Y-o-Y Growth
4.5.2 Citation Tools Market Absolute $ Opportunity
Chapter 5 Global Citation Tools Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Citation Tools Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 Web Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Citation Tools Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Citation Tools Market Size Forecast by Applications
6.2.1 Academic
6.2.2 Corporate
6.2.3 Government
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Citation Tools Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Citation Tools Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Citation Tools Analysis and Forecast
9.1 Introduction
9.2 North America Citation Tools Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Citation Tools Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 Web Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Citation Tools Market Size Forecast by Applications
9.10.1 Academic
9.10.2 Corporate
9.10.3 Government
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Citation Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Citation Tools Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Citation Tools Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 Web Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Citation Tools Market Size Forecast by Applications
10.10.1 Academic
10.10.2 Corporate
10.10.3 Government
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Citation Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Citation Tools Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Citation Tools Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 Web Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Citation Tools Market Size Forecast by Applications
11.10.1 Academic
11.10.2 Corporate
11.10.3 Government
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Citation Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Citation Tools Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Citation Tools Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 Web Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Citation Tools Market Size Forecast by Applications
12.10.1 Academic
12.10.2 Corporate
12.10.3 Government
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Citation Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Citation Tools Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Citation Tools Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 Web Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Citation Tools Market Size Forecast by Applications
13.10.1 Academic
13.10.2 Corporate
13.10.3 Government
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Citation Tools Market: Competitive Dashboard
14.2 Global Citation Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mendeley
14.3.2 Clarivate (EndNote)
14.3.3 Chegg (EasyBib)
14.3.4 ProQuest (RefWorks)
14.3.5 Zotero
14.3.6 JabRef
14.3.7 Cite4me
14.3.8 Sorc’d
14.3.9 Citavi
14.3.10 Paperpile
14.3.11 Digital Science (ReadCube)
14.3.12 wizdom.ai
14.3.13 NoteExpress
