Library Automation Service and System Market Size, Share, Growth, and Industry Analysis, By Type (Web-based Library Automation System, Packaged Software), By Application (Public Institutions, Digital Libraries, Other), Regional Insights, and Forecast From 2024 To 2032

Updated On: 15 April 2024

Library Automation Service and System Market Report Overview

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The global library automation service and system market size was USD 1091.3 million in 2022. As per our research, the market is expected to reach USD 1310.6 million in 2029, exhibiting a CAGR of 3.1% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with library automation service and system market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over. 

Library automation service and system refer to the use of technology and software to streamline and enhance the various functions and processes within a library. The main goal of library automation is to improve efficiency, accessibility, and user experience by replacing manual tasks with automated solutions.

The market for library automation service and system solutions is driven by the need for increased efficiency, improved user experience, and the transition to digital resources. Additionally, the adoption of automation technology allows library staff to focus more on providing personalized services and engaging with library users.

COVID-19 Impact: Pandemic Increased the Demand for Market

With physical access to libraries restricted during lockdowns and social distancing measures, there was a significant surge in demand for library automation service and system. Libraries and institutions had to quickly adapt to online services, leading to increased adoption of automation systems that support remote access and digital content management. Libraries had to minimize physical interactions to reduce the risk of transmission. This resulted in a growing demand for contactless solutions, including self-checkout machines and touchless browsing platforms. During lockdowns, the demand for e-books and digital content soared as people sought to access reading materials from home. Library automation systems that facilitate digital content management and distribution experienced increased demand.

Latest Trends

"Integrated Library Systems (ILS) to Fuel Market Growth"

Integrated systems that combine various library management functions, such as cataloging, circulation, acquisitions, and patron management, were becoming more popular. These systems streamline workflows and improve efficiency for librarians and staff. Many library automation systems were transitioning to cloud-based solutions, offering greater flexibility, accessibility, and scalability for libraries of all sizes. Cloud-based systems allow libraries to access their data and services from anywhere, reducing infrastructure costs and maintenance efforts. Open-source library automation systems were gaining traction due to their cost-effectiveness and community-driven development. These systems often provided robust features, customization options, and were well-suited for smaller libraries with limited budgets. Libraries were focusing on enhancing user experience by providing mobile apps and user-friendly interfaces for their automation systems. This allowed patrons to access the library catalog, checkouts, and other services easily from their smartphones and tablets.

Library Automation Service and System Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into web-based library automation system, packaged software.

• By Application Analysis

Based on application, the market can be divided into public institutions, digital libraries, other.

Driving Factors

"Growing Volume of Digital Content to Drive Market Growth"

With the increasing availability of digital content, libraries faced the challenge of managing vast amounts of information effectively. Library automation service and system provided efficient tools for cataloging, organizing, and retrieving digital resources. Libraries were undergoing a significant digital transformation, moving from traditional physical collections to digital resources and services. Automation systems played a crucial role in managing digital assets, such as e-books, online journals, and multimedia resources. Patrons of libraries, including students, researchers, and the general public, were increasingly seeking immediate access to information.

"Increased Demand from User’s to Boost Product Adoption"

Library automation systems facilitated quick searches, online reservations, and electronic borrowing, meeting user expectations.  Integration between library automation systems and educational institutions' learning management systems became essential to streamline access to library resources for students and faculty. Libraries recognized the significance of providing a user-friendly experience to attract and retain patrons. Automation systems were tailored to enhance the overall user experience and ensure easy navigation and resource discovery. The increasing usage of mobile devices prompted libraries to develop mobile applications that integrated with their automation systems, allowing users to access library services on the go which further boosted library automation service and system market growth.

Restraining Factors

"Cost and Budget Constraints to Restrict Market Growth "

Implementing library automation service and system can be costly, especially for smaller libraries or institutions with limited budgets. The initial investment in hardware, software, and staff training may deter some organizations from adopting these systems. Libraries often have established workflows and traditional practices. Introducing new automation systems may face resistance from staff members who are comfortable with the old ways of doing things. This reluctance can slow down the adoption of modern library automation technologies.

Library Automation Service and System Market Regional Insights

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"Presence of Key Players in North America Anticipated to Drive Market Expansion "

North America holds leading position in library automation service and system market share. The United States and Canada were major players in the library automation market, with a well-established network of libraries, universities, and other educational institutions that adopted advanced automation technologies. Many leading library automation companies and vendors were based in North America, providing cutting-edge solutions to cater to the region's diverse library needs.

Key Industry Players

"Adoption Innovative Strategies by Key Players Influencing Market Growth"

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio.

The top key players in the market are ExLibris, Innovative Interfaces, Library Automation Technologies, Libsys, PrimaSoft, SirsiDynix, Ample Trails, Auto Graphics, Axiell Group, Book Systems, CR2 Technologies, Capita, Cybrosys Techno Solutions, Mandarin Library Automation, Jaywil Software Development, Insignia Software, Quantum, Softlink, SRB Education Solutions, Technowin Solution. The strategies to develop new technologies, capital investment in R&D, improve product quality, acquisitions, mergers, and compete for the market competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession over market shares by the key players stimulates market demand.

List of Market Players Profiled

• ExLibris
• Innovative Interfaces
• Library Automation Technologies
• Libsys
• PrimaSoft
• SirsiDynix
• Ample Trails
• Auto Graphics
• Axiell Group
• Book Systems
• CR2 Technologies
• Capita
• Cybrosys Techno Solutions
• Mandarin Library Automation
• Jaywil Software Development
• Insignia Software
• Quantum
• Softlink
• SRB Education Solutions
• Technowin Solution

Report Coverage

This report examines an understanding of the library automation service and system market’s size, share, and growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.