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Laboratory Information Management System (LIMS) Market size is set to grow by USD 1.62 billion from 2024-2028, increase in recent developments in LIMS to boost the market growth, Technavio

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NEW YORK, June 28, 2024 /PRNewswire/ — The global laboratory information management system (LIMS) market  size is estimated to grow by USD 1.62 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  13.46%  during the forecast period. Increase in recent developments in lims is driving market growth, with a trend towards emergence of SaaS-based LIMS. However, increasing data security and privacy concerns  poses a challenge. Key market players include Abbott Laboratories, Accelerated Technology Laboratories Inc., Agile Frameworks LLC, Attune Technologies Pvt. Ltd., Autoscribe Informatics, Benchling Inc., Broughton Software Ltd., Comp Pro Med Inc., Computing Solutions, Eusoft Ltd., Illumina Inc., LabLynx Inc., LabVantage Solutions Inc., LabWare Inc., Labworks LLC, Nous Infosystems Pvt. Ltd., Novatek International, PerkinElmer Inc., Shimadzu Corp., and Thermo Fisher Scientific Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Deployment (On-premise and Cloud-based), Component (Software and Services), and Geography (North America, Europe, Asia, and Rest of World (ROW))

Region Covered

North America, Europe, Asia, and Rest of World (ROW)

Key companies profiled

Abbott Laboratories, Accelerated Technology Laboratories Inc., Agile Frameworks LLC, Attune Technologies Pvt. Ltd., Autoscribe Informatics, Benchling Inc., Broughton Software Ltd., Comp Pro Med Inc., Computing Solutions, Eusoft Ltd., Illumina Inc., LabLynx Inc., LabVantage Solutions Inc., LabWare Inc., Labworks LLC, Nous Infosystems Pvt. Ltd., Novatek International, PerkinElmer Inc., Shimadzu Corp., and Thermo Fisher Scientific Inc.

Key Market Trends Fueling Growth

Companies are increasingly adopting Software-as-a-Service (SaaS) based Laboratory Information Management Systems (LIMS) due to their cost-effectiveness and efficiency benefits. SaaS LIMS offers flexibility and short implementation times, enabling remote data access through web browsers. This reduces implementation costs and enhances investment returns. Small and mid-sized labs, which may not have dedicated IT budgets, find SaaS an attractive option. Popular SaaS LIMS vendors include CloudLIMS, FreezerPro, ChemWare, and EUSOFT. These factors are expected to drive the growth of the LIMS market during the forecast period. 

The Laboratory Information Management System (LIMS) market is experiencing significant growth due to the increasing demand for efficient and accurate laboratory data management. Machines, such as Analyzers and Instruments, generate vast amounts of data daily. This data must be managed effectively to ensure accurate results and compliance with regulations. Advanced features like Expandable Capacity and Findability are trending in the LIMS market. These features enable easy access to data and scalability as laboratory needs grow. Additionally, the integration of Biopharmacy and Research sectors is driving innovation in the LIMS market. Overall, the market is focused on providing Solutions that are Tech-Logical, Cost-Effective, and Regulatory-Compliant. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

Businesses and government healthcare agencies increasingly choose cloud-based Laboratory Information Management Systems (LIMS) due to their cost-effectiveness and ease of access. Cloud deployment offers centralized data storage, high-speed networks, and seamless integration with existing systems. Key benefits include lower initial costs, simplified software management, robust security, and dependable performance. However, potential data breaches may hinder market growth during the forecast period.The Laboratory Information Management System (LIMS) market faces several challenges. One key challenge is ensuring data consistency and accuracy across various laboratory processes. Another challenge is integrating new technologies, such as artificial intelligence and machine learning, into existing LIMS systems. Additionally, ensuring data security and compliance with regulations like HIPAA and GDPR is a significant challenge. Furthermore, the need for real-time data access and analysis is increasing, requiring LIMS solutions to be scalable and flexible. Lastly, training staff to effectively use LIMS systems and ensuring their continued support is essential for successful implementation.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This laboratory information management system (lims) market report extensively covers market segmentation by

Deployment 1.1 On-premise1.2 Cloud-basedComponent 2.1 Software2.2 ServicesGeography 3.1 North America3.2 Europe3.3 Asia3.4 Rest of World (ROW)

1.1 On-premise-  The on-premises LIMS market is experiencing significant growth due to the rising demand for secure and customizable data management solutions. These systems offer organizations control over data storage, access, and configuration, ensuring compliance with data privacy regulations. Key players, such as Thermo Fisher Scientific Inc. And Labworks LLC, provide tailored solutions for specific industries and offer regular updates and user-driven customization options. Market trends include advanced data analytics and visualization tools, enhancing decision-making capabilities. Regulatory requirements in sectors like healthcare and pharmaceuticals further fuel the adoption of on-premises LIMS solutions.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Laboratory Information Management System (LIMS) market encompasses innovative solutions designed for managing and optimizing data-driven operations in various laboratories and research facilities. These systems facilitate the organization and execution of experiments and tests, ensuring accurate and efficient data collection and analysis. Compliance with regulations such as 21 CFR Part 11 is crucial, and LIMS solutions enable adherence through secure data management and electronic signatures. In the realm of medical cannabis, cannabis testing laboratories leverage these systems for sample tracking, data analysis, and result reporting. IT solutions, including those provided by skilled IT professionals, play a vital role in implementing and integrating LIMS software within laboratories. Operational efficiency is significantly enhanced through workflows optimized by these systems, enabling pipeline analysis and informed decision-making. Data center providers ensure the necessary infrastructure and security for hosting and managing laboratory data.

Market Research Overview

The Laboratory Information Management System (LIMS) market encompasses solutions that manage and automate laboratory operations, from sample receipt to result reporting. These systems utilize advanced technologies such as RFID, barcoding, and LIMS software to streamline workflows, enhance data accuracy, and improve overall efficiency. LIMS market offerings include modules for inventory management, quality control, data analysis, and reporting. The global LIMS market is expected to grow significantly due to increasing demand for automation in laboratories, rising focus on data-driven research, and the need for regulatory compliance. Additionally, the integration of AI and machine learning technologies in LIMS solutions is driving innovation and enhancing their capabilities.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

DeploymentOn-premiseCloud-basedComponentSoftwareServicesGeographyNorth AmericaEuropeAsiaRest Of World (ROW)

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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stc group unveils its vision for AI-native networks at Network X 2026

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RIYADH, Saudi Arabia, Oct. 19, 2026 /PRNewswire/ — stc group, Saudi Arabia’s leading digital enabler, has released its AI Native Core Network White Paper during Network X 2026 outlining how it plans to evolve towards an AI-native telecom network by 2030. The paper explains how the group aims to embed AI directly into its network’s design and operations to support emerging digital services and improve reliability.

stc group continues to advance its network capabilities to support AI-driven applications and changing connectivity needs. The group is upgrading its core network, which manages user connections and delivers communications services. By integrating AI deeply into this infrastructure, stc group aims to help the network adapt to changing service requirements and resolve issues with less manual intervention.

The white paper highlights how advances in AI and 5G-Advanced, the next stage of 5G, are increasing network complexity. Services such as AI-enabled calling and immersive communications require faster, more responsive connectivity. AI agents, software systems that carry out tasks on users’ behalf, also need networks to coordinate communications and computing resources around each task.

To address these requirements, the paper sets out stc’s approach spanning AI-native infrastructure, network functions and autonomous operations. It details how the group plans to develop the infrastructure needed to run AI, embed intelligence within network functions and automate more operations. These capabilities would help the network allocate resources more efficiently and recover from faults faster, while allowing engineers to focus on service improvement and oversight.

The release of this whitepaper marks an important milestone in stc group’s network evolution, building a scalable foundation for future AI services, AI agents, intelligent interaction scenarios, and next-generation 5G-A and 6G applications. Building on its existing investments, the group aims to improve network reliability, support the next generation of digital services and accelerate the industry’s transition from Cloud Native to AI Native networks.

About stc group: 

stc group is a digital enabler, offering advanced solutions and driving a role in the digitalization process. The group provides a comprehensive suite of services encompassing digital infrastructure, cloud computing, cybersecurity, Internet of Things (IoT), digital payments, digital media, and digital entertainment. The group comprises 13 subsidiaries across The Kingdom of Saudi Arabia, the Middle East, North Africa, and Europe. 

To know more about stc group: Click here  

View original content:https://www.prnewswire.co.uk/news-releases/stc-group-unveils-its-vision-for-ai-native-networks-at-network-x-2026-302912389.html

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Shoplazza Collaborates with TikTok to Bring Product Discovery Closer to Purchase

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The collaboration supports TikTok’s new agentic commerce experiences, with a focus on helping merchants turn customer interest into sales.

TORONTO, Oct. 19, 2026 /PRNewswire/ — Shoplazza, an AI-native commerce operating system, recently announced it is working with TikTok to support new agentic commerce shopping experiences. The collaboration reflects a shared focus on shortening the path from product discovery to purchase and helping merchants make more of the demand their content and advertising generate.

TikTok introduced Buy Direct and Shopping Assistant on October 5, naming Shoplazza among its commerce and payment partners. Buy Direct lets consumers buy directly from brands within TikTok, without being redirected to an external storefront. It uses Universal Commerce Protocol (UCP) to connect with merchant systems, while brands remain the Merchant of Record.

Shopping Assistant answers product questions using merchant-supplied information on product pages within TikTok’s in-app browser. Shoppers can get the details they need before proceeding to checkout on the merchant’s website within the same browser.

For merchants, a shorter purchase journey can help protect the value of their customer acquisition spending. Redirects and repeated forms add friction just as a shopper is ready to buy. Losing that purchase means losing potential revenue after already paying to attract the customer.

“As platforms automate more decisions, performance increasingly depends on how well data, creative and checkout work together,” said Chao Xu, Director at Shoplazza. “TikTok’s new shopping experiences make it easier to buy while interest is fresh, helping merchants turn that interest into revenue and use each transaction to inform smarter marketing decisions.”

Shoplazza sees these developments as part of a broader convergence between advertising platforms and commerce infrastructure. From transaction data sharing and Instant Pages to Buy Direct, the opportunity is to help algorithms understand completed purchases more accurately while making it easier for shoppers to follow through.

The collaboration builds on an established relationship. Shoplazza’s merchant admin already supports catalog syncing, TikTok Pixel and Events API setup. In May, it was the sole winner of the TikTok Partner Innovation Award for Innovation in Marketing Technology – Commerce. In July, it joined the first group of TikTok for Business Agentic Hub partners, introducing AI Skills that connect store data and business insights with TikTok’s advertising intelligence.

About Shoplazza

Shoplazza is a global AI-native commerce operating system that enables brands to build, launch, and scale their online businesses. Built on an AI agent-native framework, Shoplazza integrates storefronts, marketing, payments, and operational workflows into a unified system designed to support scalable, long-term growth across global markets. Learn more at https://www.shoplazza.com/.

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SOURCE Shoplazza

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Lexsoft Systems Partners With Clio to Bring Clio’s Legal AI Platform to Law Firms and Legal Departments Across EMEA

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Lexsoft will deliver Clio products, including Clio Work and Clio Manage, and integrate them into the systems its clients already use

LONDON and MADRID, Oct. 19, 2026 /PRNewswire/ — Lexsoft Systems, a provider of IT and business process solutions, today announced a strategic partnership with Clio, the global leader in legal AI. Through this EMEA-wide partnership, Lexsoft will deliver Clio’s platform to law firms and corporate legal departments, and integrate it with the other business-critical systems those clients run.

This agreement strengthens Lexsoft’s position as an independent legal solutions provider, and reinforces its growing presence in the UK and across Europe. It also supports the continued expansion of its carefully selected product portfolio of best-practice, global market-leading legal systems. 

Clio brings together the context of a firm’s work with trusted legal intelligence. Clio Work can draw on the matters, clients, documents, and other information already in Clio Manage, then ground that work in Clio’s global library of more than 1 billion legal documents to support research, analysis, and drafting. For Lexsoft’s global clients, that means AI designed for legal work that understands both the firm and the law.

“A practice management system is the originating point for most major legal processes — from document management and time recording through to security measures such as ethical walls,” says Carlos García-Egocheaga, CEO of Lexsoft Systems. “Until now, we’ve been reluctant to commit to a single partner, despite a wide choice of technologically robust and functionality-rich practice management systems on the market. But with the Clio platform, we’re offering customers more than practice management. Clio Manage takes practice management to a new level, from user experience to advanced functionality. Clio Work, Clio’s legal AI workspace, helps lawyers research, strategise and draft alongside Clio’s global library of legal documents. By integrating these capabilities into customers’ existing systems, we can deliver AI that works the way they do. We’re excited about the value this partnership enables us to deliver to our customers, large and small.”

The partnership lets Lexsoft build tailored environments around Clio, with deep integrations into the other systems its clients run. It helps firms across EMEA move beyond adoption of AI tools to deeper integration and a more fundamental transformation of how legal work gets done.

“Firms across Europe want AI in their daily work, and it only earns its place when it understands the context behind that work,” says Lisa Del Real, Vice President, Channel Partnerships at Clio. “Lexsoft has built its business on connecting the systems law firms and legal departments depend on. Through this partnership, Lexsoft’s clients can run Clio Manage and Clio Work on one shared foundation, so the context of each matter carries from the business of the firm into the legal work itself. They also get an implementation team that already knows how they work.”

Lexsoft is offering Clio’s products to law firms and corporate legal departments in EMEA immediately.

About Lexsoft Systems

Lexsoft provides IT and business process solutions to the legal sector across Europe, the United States, and Latin America. ISO 27017 and ISO 27001 certified, the company assists law firms and corporate legal departments (CLD) to improve their document management, knowledge management, practice management, and CRM processes, to facilitate business efficiency, improve productivity, and reduce risk. Lexsoft T3 is a proven knowledge management solution, offering one of the most comprehensive workflows for this business function. For more information, visit: www.lexsoft.com.

About Clio

Clio is the global leader in legal AI, empowering legal professionals and law firms of every size to work smarter, faster, and more securely. Purpose-built for the legal industry, Clio’s Intelligent Legal Work Platform streamlines workflows, improves decision-making, and combines powerful technology with industry-leading security. Trusted by hundreds of thousands of legal professionals in more than 130 countries, and approved by over 100 bar associations and law societies worldwide, Clio sets the standard for innovation and client success across the legal profession. Backed by world-class investors and a mission to transform the legal experience for all, Clio is defining the future of legal work through AI. Learn more at www.clio.com.

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