AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Electronic Lab Notebook market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Electronic Lab Notebook market to grow at a CAGR of 6.5%.
The Data Storage, such as Cloud storage, is boosting the Electronic Lab Notebook market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Electronic Lab Notebook market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increasing Demand Among the Scientists and Researchers Working in Various Sector, Surging Huge Investment in R&D Activities and Growing Need for Efficient Laboratory Data Management.
Electronic laboratory notebooks (ELN) is a computer programmed device, that is capable of storing the info associated with the laboratory experiments or researches. Additionally, it permits the user to access the keep information for future reference and information sharing with alternative users. it's not solely a replacement of laboratory paper notebook however conjointly helps within the management of knowledge in an orderly manner and provides security. Electronic laboratory notebooks (ELNs) square measure speedily substitution laboratory paper notebooks because it enables researchers and scientists in higher information management, regulative compliance, avoid information loses, eliminate work forgery, and data mining processes
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Electronic Lab Notebook market by Type (Specific ELN and Non-Specific ELN), by Application (Pharmaceuticals, Chemicals, Life Sciences and Institutional Research Laboratories) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market