Library Automation System Market, By Type (Open-Source System, and Commercial System), By Application (School Libraries, Public Libraries, Other Libraries, and Other), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI26019 | Publish Date: March 2024 | No. of Pages: 170

Global Library Automation System Market Overview

Introduction:

Library Automation System (LAS) is a software program that automates and administers a library's operations, sometimes referred to as an Integrated Library System (ILS), Library Management System (LMS), or simply just Library Automation. It facilitates the effective cataloging, searching, circulating, and management of library resources by librarians and library employees. Library Automation helps to take some of the workload off from the librarians and other staff members in the areas of acquisitions, cataloguing, and circulation. The automated cataloguing standards, such as MARC (Machine Readable Cataloguing), allow quick cataloguing of library items. Further the library automation system also makes it easier to find books, but also it also makes it easy to buy and access journals. It provides a best way to handle the libraries due to its wide spread applicability in school libraries, public libraries, and other libraries are also expected to be the driving factor of the library automation system. It improves efficiency, accessibility when compared to manual methods.

Global Library Automation System Market Dynamics

Popularity of e-books and Digital content

Access to an extensive collection of digital materials, including journals, research articles, and e-books and audio books, is made possible via digital library services. Additionally, they make it easier for library users to access services like online book borrowing and searching, which makes the library experience more seamless to boost the Library Automation System Market. library automation systems allow remote access, allowing users to check out and return digital materials from any location. The collection and updating of digital content is streamlined by the integrations that library automation systems frequently create with publishers and content providers, it also helps in managing multiple digital contents of different genre and books of different formats and interest in a unified manner.

For instance, in February 2020, The Department of Public Libraries, Bengaluru, announced the release of a library app that allows patrons of state libraries to access around 100,000 books, journals, and textbooks. Books and multimedia resources that support learning will be available on the platform, particularly for individuals in higher education and those getting ready for civil service examinations.

Growing adoption of cloud-based library automation services

As more and more libraries search for methods to improve operational efficiency. Process automation in libraries can assist cut down on manual labor, minimize mistakes, and enhance the precision and effectiveness of library operations. Information management procedures at libraries can be made simpler, operational expenses can be decreased, and administrative load can be lessened with the automation of library processes. Increase usage of smartphones and devices prompted the idea of development of mobile application integrating library with automation system allowing easy and user-friendly access which further tends to boost the library automation system market.

Restrains:

High maintenance cost

Due to the sophisticated technological infrastructure and specific skills needed, many businesses find that the adoption and maintenance of library automation systems can be quite costly. For many firms who lack the resources to undertake such a significant expenditure, this may serve as a drawback and restrict the library automation systems market growth.

Lack of skilled professionals

The shortage of workers with the requisite training and experience to offer these services is a significant barrier to the library automation systems market's expansion. It is possible that many organizations do not have enough staff members with the knowledge and expertise to set up and manage library automation services and systems correctly. Unawareness about rapidly advancing technology also effects the targeted market.

Global Library Automation System Market Segmentation

Library Automation System Market is segmented based on Type, Application, and Region.

Type Insight

On the basis of Type, Library Automation System Market is segmented into Open-Source System and Commercial System. Open-source system tends to dominate the library automation systems  market as it involves a collaborative relationship within the community and offers a good vendor-client relationship. It is free to use and no upfront licensing is required and thus more library can adopt these boosting the library automation systems market. Open-source systems are highly customizable to meet specific needs according to the types and requirements of library.

Application Insights

On the basis of Application, Library Automation System Market is segmented into School Libraries, Public Libraries, Other Libraries, and Other. School libraries segment dominates the library automation systems market. School libraries include those in kindergarten up to grade 12 are high in number in countries such as India, the US, Russia, China, and Japan. It allows students to easily access any book and maintain a record of books issued by students in school thus making task easier, efficient and less time consuming. Library automation systems also informs about new addition of books, journals in library.

Regional Insights:

Regional Insights - Library Automation System Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On region the Library Automation System Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

  • North America market is estimated to witness a significantly high revenue share over the forecast period, owing to high demand for digital libraries as they need to modernize their services, adoption of automation services, focus on improving efficiency, accessibility of books, journals, digital sources. Increasing demand for cloud-based systems boosts the library automation systems market in the region.
  • Asia Pacific market is estimated to witness fastest revenue share due to growing adoption of advanced technology, need for efficient library services for management. The region is home to large number of libraries and they are increasingly switching to automation systems which tends to boost the library automation systems market in the region. Cost-effectiveness, efficiency prompts the use of library automation system also the rapid increase in use of smartphones in the region boost the library automation systems market in the region.

Report Scope:

Attribute

Details

Base year for estimation

2024

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Open-Source System and Commercial System

By Application - School Libraries, Public Libraries, Other Libraries, and Other

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Library Automation System Market report based on Type, Application, and region:

Library Automation System Market, By Type:

  • Open-source systems
  • Commercial systems

Library Automation System Market, By Application:

  • School Libraries
  • Public Libraries
  • Other Libraries
  • Other

Library Automation System Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Library Automation System Market Key Players

The key players operating the Library Automation System Market includes, OCLA (Online Computer Library Center, Incorporated), Sirsi Corporation, Capita plc., Ex Libris Ltd., LIBSYS Ltd., Book Systems, Inc., CR2 Technologies Limited, Follett Corporation, ProQuest LLC., and Agent Information Software, Inc.

Global Library Automation System Market Key Issues Addressed

Recent Development:

  • In April 2023, Jamia Millia Islamia launched an “e-Library MobileApp” and “Automated In/Out Attendance System of Library Users”. e-Library MobileApp will facilitate the seamless and uninterrupted access to information anytime, anywhere to the users of the library and “Automated In/Out Attendance System of Library Users” is innovative in the sense that it has replaced the earlier practice of manual attendance system while in and out in the library making it hassle free.
  • In June 2023, Callibra, Inc., launched iComposeTM, a new product that adds robust content library management and document generation for healthcare IT applications, telemedicine platforms, EMR systems, and health systems. It is a leading provider of patient education and healthcare IT solutions, recognized for its Discharge 1-2-3 product line. It provides an incredibly easy way to add extensive robust features for library management and document generation to any application, without extensive coding and is the ultimate solution for vendor partners to provide sophisticated features for a global presence.
  • In December 2023, Clarivate Plc, a leader in providing people and organizations with intelligence they can trust to alter their world, successfully implemented InnovativeTM library software solutions for Singapore's National Library Board (NLB) library system. Customers of NLB's library can now browse the library catalogue with enhanced usability and new features like personalized catalogs and an easy-to-use user interface.

Global Library Automation System Market Company Profile

  • CR2 Technologies Limited *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • OCLA (Online Computer Library Center, Incorporated)
  • Sirsi Corporation
  • Capita plc.
  • Ex Libris Ltd.
  • LIBSYS Ltd.
  • Book Systems, Inc.
  • Follett Corporation
  • ProQuest LLC.
  • Agent Information Software, Inc.

“*” marked represents similar segmentation in other categories in the respective section

Global Library Automation System Market Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Open Source System
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Commercial System
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • School Libraries
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Public Libraries
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Other Libraries
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • OCLA (Online Computer Library Center, Incorporated)
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sirsi Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Capita plc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Capita plc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Ex Libris Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • LIBSYS Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Book Systems, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • CR2 Technologies Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Follett Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • ProQuest LLC.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Agent Information Software, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Library Automation System Market is segmented into Type, Application, and Region.

Upcoming trends in the Library Automation System Market include a shift towards cloud-based solutions, integration with emerging technologies like AI, emphasis on mobile-friendly platforms, and a growing interest in open-source systems for flexibility and cost-effectiveness.

The Library Automation System Market is driven by the increasing need for efficient information management, coupled with advancements in technology, fostering automation adoption for streamlined library operations and improved user experiences.

By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.

The key players operating the target market includes, OCLA (Online Computer Library Center, Incorporated), Sirsi Corporation, Capita plc., Ex Libris Ltd., LIBSYS Ltd., Book Systems, Inc., CR2 Technologies Limited, Follett Corporation, ProQuest LLC., and Agent Information Software, Inc