Given the present challenging business climate in the marketplace, companies are increasingly looking beyond the primary library automation system and focusing on other products and systems to sustain continuous inflow of revenues. System vendors are developing a range of novel products that offer cutting-edge library automation solutions, in addition to integrating new advanced functionalities in their existing product lines. Some of the additional features offered by the vendors include - metasearch, electronic resource management, link resolvers, digital repositories, RFID, reference linking systems, enhanced web-based OPACS, and digital asset management systems. Companies are developing content, either in electronic or printed form, and creating and incorporating a wide range of novel technologies for providing state-of-the-art automation solutions for their customers.
New generation of integrated library systems being developed and introduced in the library automation services and systems market (http://www.strategyr.com/Library_Automation_Systems_and_Services_Market_Report.asp) are coming
integrated with revolutionary reporting functionalities. Vendors are providing a range of standardized pre-designed reports to enhance reporting capabilities of libraries. Latest systems
also incorporate business intelligence tools that significantly optimize a library's analysis.
In the future, current library environment comprising of core ILS and add-on products are likely to progressively evolve into a closely-knit set of automation products offering both basic
as well as advanced electronic resource management functionalities. This shift would be essentially in line with the larger trend towards consolidating related product tools in integrated
suites, as seen in most other industrial sectors. Rapid growth in web services in recent times indicates towards gradual development of a framework for supporting improved integration.
This bodes well for the evolution of new technologies that allow better integration of ILS and non-ILS products in near future. System maintenance services market (http://www.strategyr.com/Library_Automation_Systems_and_Services_Market_Report.asp) is forecasted
to grow at a CAGR of 7.07% over the years 2011 through 2015, as stated by Global Industry Analysts, Inc. Non-integrated library systems market (http://www.strategyr.com/Library_Automation_Systems_and_Services_Market_Report.asp) is projected
to reach $84.46 million by the year 2012.
Key players dominating the industry include - Auto-Graphics Inc., Book Systems Inc., Brodart Co Automation Div, CASPR Library Systems Inc., COMPanion Corporation, CyberTools Inc.,
Eloquent Systems Inc., Ex Libris Group, Electronic Online Systems (EOS) International Inc., Follett Software Company, Infor Library and Information Solutions, Inmagic Inc., Innovative
Interfaces Inc., Insignia Software, ISACSOFT Inc., Keystone Systems Inc., LibLime, Mandarin Library Automation Inc., Open Text Corporation, New Generation Technologies Inc., Polaris
Library Systems, SirsiDynix, Softlink America Inc., Surpass Software, The Library Corporation, SydneyPLUS International Library Systems Corporation, and Visionary Technology In Library
Solutions Inc., among others.
The report titled "Library Automation Systems and Services: A North America Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of
competitive scenario, product, regulatory environment, major library automation standards, product introductions/developments, and recent industry activity. The study also analyzes market
data and analytics in value sales the North American region by the following product segments - Integrated Library Systems, Non-Integrated Library Systems, and System Maintenance
Services.
For more details about this research report, please visit
http://www.strategyr.com/Library_Automation_Systems_and_Services_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (http://www.strategyr.com) is a reputed publisher of off-the-shelf market research. Founded in 1987, the
company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research
reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports
encompassing all major industries worldwide.
Global Industry Analysts, Inc.
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