The global library automation service systems market was valued at US$ 1,696.8 Mn in 2016 and is projected to expand at a CAGR of 3.34% from 2017 to 2026. The open source systems segment in the global library automation service systems market is estimated to account for major revenue share of 71.6% in 2017 owing to increasing number of vendors providing free automation software with features and tools similar to commercially available software at comparatively lower costs.
