Libraries remain viable and irreplaceable services, despite the movement of so much literature online since the internet became a technological touchstone. Funding, while slowing for municipal libraries, remains solid for archives and state libraries and local libraries are consolidating their funding in fewer sites to provide better services. The industry is overwhelmingly reliant on public funding and private donations, which remain relatively stable for such an entrenched public service. However, the industry is expected to post an annualised average drop in revenue of 0.2% from 2006-07 to 2011-12.Libraries' primary function is the collections of documents (e.g. books, journals, newspaper and music) and facilitation of the use of such documents (recorded information regardless of its physical form and characteristics). All or parts of these collections may be accessible electronically.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.