Library automation systems4/4/2024 ![]() For companies that sell to midsize to large libraries, contracts were down 15% from 2002, 36% from 2001. This figure represents the total revenues of all the companies that participate in the North American library automation market, including domestic and international sales. Estimated revenues were down about 5% from 2002, to $500 million, plus or minus $30 million. There was a net decrease of 3% in employees in the automation companies. Last year saw contraction in several areas. Despite the economic climate, or maybe owing to it, the top two companies, Innovative Interfaces and Dynix, strengthened their position as market leaders. Libraries itching to migrate from legacy systems or acquire new automation products continue to defer. Consortia purchasing on the rise, more school libraries buy through districts Public funding declined while returns on private endowments slipped-two major factors that limited the growth of the library automation industry in 2003. ![]()
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