About Library Automation Service and System
Library automation is a method of mechanization of various library activities such as acquisition, serial control, cataloging, circulation control and others. The systems use transmission control protocol and the internet protocol (TCP/IP) suite for establishing communication across the local area networks (LAN) and run on client server architecture. Growing digitization and millennial inclination towards technology friendly education has bolstered the demand for library automation.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Europe |
Unit | Value (USD Million) |
CAGR | 3.1% |
The demand for Less than Truckload Shipping is increasing with each passing day. The businesses in this industry face major competition at a global scale with leading players in the market. Many international as well as regional service providers are also participants in the industry and directly compete with leaders. It has been identified that market-leading players are investing heavily in growth strategies such as technological development, and resource utilization to enhance their market position. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Library Automation Service and System market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ExLibris [Israel], Innovative Interfaces [United States], Library Automation Technologies [United States], Libsys [India], PrimaSoft [Canada], SirsiDynix [United States], Ample Trails [United States], Auto Graphics [United States], Axiell Group [Sweden], Book Systems [United States], CR2 Technologies [India], Capita [United Kindom], Mandarin Library Automation [United States], Jaywil Software Development [Canada], Insignia Software [Canada], Quantum [United States], Softlink [Australia], SRB Education Solutions [Canada] and Technowin Solution [India] are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are The Library Corporation [United States], OCLC [United States], Equinox Open Library Initiative [United States], Sierra Systems Group Inc. [Canada] and ResourceMate [Canada].
Segmentation Overview
AMA Research has segmented the market of Global Library Automation Service and System market by Type (Web-based Library Automation System and Packaged Software), Application (Public Institutions, Digital Libraries and Other) and Region.
On the basis of geography, the market of Library Automation Service and System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023.
Influencing Trend:
Automated Cataloging, Deployment of Radio Frequency Identification Devices (RFID), Cloud-based Integrated Library Systems and Customized Automation System
Market Growth Drivers:
Rising Demand for Automation Services and Need for Efficient Database Management System
Challenges:
Lack of Trained or Skilled Personal and Declining Popularity of Libraries
Restraints:
Higher Installation Cost and Additional Financial Burden in Maintenance and Operations
Opportunities:
Development of Cost Effective Library Automation Solution and Rising Disposable Income in Emerging Economies
Market Leaders and their expansionary development strategies
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.
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.
Key Target Audience
Library Automation Service Providers, Potential Investors, Government Agencies and Research Institute
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.