Libraries in all over the world are undergoing a digital renaissance as major publishers have firmly committed themselves to the concept of making e-Books available. Today, we look at some of the biggest trends facing libraries in Canada, US and United Kingdom.

A recent report by the Library Journal has stated that 95% of all US libraries have an e-book collection. That’s up from 89% in both 2013 and 2012, when researchers thought that adoption had plateaued for good. The average number of e-books carried was 20,244 by each library, but that of course was skewed toward large libraries. Medium sized libraries statistically had around 10,434 titles.

Over 10 different libraries in the US and Canada had over one million digital loans in 2014, with two libraries lending out two million e-Books. This number will likely double in 2015, as companies like 3M Cloud Library and Baker and Taylor begin to gain further traction.

e-Books are doing quite well in the US, but over in the UK a sustainable model is still trying to be established by the government, libraries and major publishers.   In May 2013 the UK government funded a review looking into the viability of allowing customers to borrow eBook, without all of the drama. The Sieghart Review said publishers should not limit the supply of e-books in the same way that physical book loans are controlled, including the lending of each digital copy to one reader at a time, securely removing eBooks after lending and having digital books “deteriorate after a number of loans”.

A pilot project was initiated in four UK libraries in March 2014 that augmented the digital loaning period for up to 21 days and included a number of front-list titles, including bestsellers that just came out. The essence of the pilot is to carry out real-time, real-world research into the impact of eBook lending in public libraries on authors, publishers and on the library service so that a suitable and sustainable model.

Its been around six months since the pilot was first initiated and there has been some interesting findings. All four participating authorities have seen a significant increase in e-lending,  with longer loan periods leading to more titles being borrowed. The project has also found the increase in e-lending is not decreasing physical lending or footfall to libraries. They also found customers were not using the "Buy it Now" button to purchase an e-book.

Audiobooks to be the next big thing

In 2007 a paltry 3,073 audiobook titles were produced and this figure rose exponentially to over 12,000 published in 2011. In 2013 many industry experts proclaimed that over 20,000 audiobooks were now available and in 2014 over 35,000 were released by major publishers and companies like Audible.

The global audiobook industry is currently worth 2.6 billion dollars and part of the reason why we have seen a dramatic increase in profitability is due to digital. In a recent  New York Times piece, they said “In the first eight months of 2014, sales were up 28% over the same period last year, far outstripping the growth of e-books, which rose 6%”

Digital audiobooks are finally starting to find their stride thanks to libraries embracing them in a big way. There are a number of major players providing audio services to libraries, 3M Cloud Library, Baker & Taylor, Hoopla and Overdrive. For the most part, these are the exact same companies that provide the libraries e-Book portfolio.

Many of the top audiobook distributors lean on 3rd parties for a full catalog of content. 3M and Baker and Taylor both get their audio editions from Findaway World, which is current market leader in production. Findaway has a catalog of over 50,000 titles and maintains production studios, narrators and crew in New York. Overdrive has their own internal solution, where they approach publishers directly and don’t do business with companies such as Audible or Findaway World.

Tom Mercer,