New Study: Global Library Automation Services and System Market 2015-2019

From: Fast Market Research, Inc.
Published: Wed Sep 02 2015


Fast Market Research announces the availability of Technavio's new report "Library Automation Service and System Market 2015-2019" on their comprehensive research portal.

Library automation is a technological approach that helps in disseminating information easily and reducing the budget allocated for educational IT spending on libraries. Automation in libraries is an emerging trend and is getting acceptance in the education sector. Automation allows libraries to improve in cataloging and hence the quality of materials available in the collection. It can help make clearing out outdated, old, and irrelevant materials from the collection. It aslo helps libraries in providing easy access to members by maintaining less number of staff.

Technavio's analysts forecast the global library automation services and system market to grow at a CAGR of 3.80% percent over the period 2014-2019.

Get More Details on this Report and a Full Table of Contents at Global Library Automation Services and System Market 2015-2019

Commenting on the report, an analyst from Technavio’s team said: "One trend that positively impacts he market is the growing adoption of next-generation library automation software. The cloud-based next-generation library management software supports a wide range of services such as acquisition, selection, metadata management, digitization, and fulfilment regardless of location and materials."

According to the report, the growing need of database management is a critical driver that promotes growth in this market. Library automation systems ensure the lack of redundancy of records as the bibliographic database can be viewed while encoding new records. This aids in reducing errors while making entries of records.

Further, the report states that the non-availability of an appropriate software is the major challenge faced by this market. Though there are many software packages available for library management, most of them are non-standard. The majority of non-standard library software is developed without the consent of the librarian and lacks the ability to efficiently cater to the needs of its users.

The key players in the Library Automation Service and System Market are Ex Libris Ltd., Innovative Interfaces Inc., Library Automation Technologies Inc., Libsys Ltd., PrimaSoft Ltd., and SirsiDynix Corp. while other prominent vendors include Auto Graphics, Axiell Group, Book Systems, Capita, CR2 Technologies, Infor Library and Information Solutions, and Mandarin Library Automation.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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