Library and Workspace both offer many similar functionalities. However:
Workspace offers one key differentiating feature i.e. ballots. This makes Workspace the ideal repository to host meeting minutes so that committee staff can create a ballot for approval of draft meeting minutes, and committee members can provide their approval, edits, or rejection via this ballot. Results of such voting is recorded in the system and can be viewed, shared, and/or archived by committee staff as needed.
Library offers the ability to hold very large files (up to 1GB for each file) and thus the preferred option when posting large webinar recordings, videos, or photos. ...