26% of book collections are now digital…
“Amongst the key takeaways from the survey we found evidence of the pace at which collections are shifting from print to digital:
- Spending on print books still exceeds digital (64%/36%), but is expected to be even in three years’ time.
- Currently 26% of book collections are digital.
- 75% of respondents state that their e-book collection supplements their equivalent print collection, while 25% state it replaces it.
- 36% have integrated patron-driven or demand-driven acquisition models into their purchasing plans and an additional 21% are considering a pilot.
- Of those who have integrated PDA, 28% are allocating 50% or more of their digital books budget to the model. 58% expected that allocation to increase over the next 3 years (slightly less than the 61% who expected it to increase in the 2012 Survey).
- Regarding reference works, 60% stated they would purchase both print and online editions in the coming year (last year 67% stated they would purchase print/online editions) and 25% stated they would only purchase online editions (an increase from last year’s 19%).
- Regarding journals, more than half of librarians say they will continue to cut print journal subscriptions, with 13% saying they will be phasing out print entirely in the next two years (up from 4% last year).