Laboratory Software Market Forecast to Reach $10.62 Billion by 2031

Oct 6, 2026
MarketsandMarkets forecasts the laboratory software market will grow from $6.46 billion in 2026 to $10.62 billion by 2031, with software that uses AI recording the fastest growth.

MarketsandMarkets said in a press release that the laboratory software market will grow from $6.46 billion in 2026 to $10.62 billion by 2031. The forecast represents a compound annual growth rate of 10.5%.

Software that uses AI is projected to record the fastest growth, with a compound annual growth rate of 19.3% during the forecast period. Uses include data analysis, anomaly detection, workflow optimization and predictive quality control.

North America accounted for 39.4% of the global market in 2025. Services held the largest component share at 39.1%, covering work such as implementation, integration, validation, training and maintenance. Asia Pacific is projected to record the highest regional growth rate through 2031.

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