Global Digital Rights Management Market to Experience Significant Growth by 2030

 

The global digital rights management market size reached USD 3.82 Billion in 2021 and is expected to register a revenue CAGR of 12.8 % during the forecast period, according to latest analysis by Emergen Research. Technological advancements in Machine Learning (ML) and Artificial Intelligence (AI) in digital rights protection are accelerating revenue growth of the market. Digital rights management software and solution use Artificial Intelligence (AI) and Machine Learning (ML) algorithms to streamline the tuning, tagging, cropping, and distribution of digital assets. Various companies are incorporating AI and ML algorithms in cloud-based and hybrid software-as-a-service solutions to easily identify and manage users of digital media and calculate total on-screen time. These metrics are significant in cost reduction and time. These factors are increasingly driving revenue growth of the market. According to The International Telecommunication Union (ITU), globally approximately 5.3 billion people, or 66% of the world population are using the internet in 2022. With increased internet usage, popular Over-The-Top (OTT) streaming services like YouTube, Netflix, Hulu, Prime, Apple TV, and others are playing a significant role in generating demands for digital piracy mitigation and copyright violations. Also, digital rights management plays a crucial role in limiting access to e-learning materials developed and produced by Education Technology (EdTech) companies. However, concerns regarding data security are a significant barrier to digital rights management market revenue growth. The protection of varied personal user data is becoming challenging owing to the rise in cyberattacks and data breaches. According to a leading cybersecurity company, globally WannaCry ransomware attacks affect around 230,000 computers. Revenue and reputation of the company may significantly affect owing to data breaches.

The research report on the Global Digital Rights Management Market is formulated with insightful data that will help the established companies and new entrants to analyze the business trends and capitalize on investment strategies. The   Digital Rights Management Market is analyzed with an aim to provide assistance to the readers to gain maximum returns on the investment and to enable an informed decision-making process.

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This comprehensive study provides various aspects of business such as important definition, end use and total revenue generated across various regions. Besides this, researchers behind this study put in vigilant and persistent effort to keep a proximate attention on top performers of   Digital Rights Management Market industry. Import and export, demand and supply, gross margin, supply chain management and distribution channel are the other aspects examined during the research.

Digital Rights Management Market : Competitive Landscape

Rising strategic collaborations between significant players of the Digital Rights Management Market is expanding the market scope and is one of the key business strategies adopted by the prominent players. Manufacturers and vendors in emerging countries are actively investing in the market to develop advanced  technology, which is, in turn, expected to drive the growth of the market over the projected period.

Some major players in the market research report include,  Microsoft Corporation, Adobe Inc., Fortinet, Inc., Vitrium Systems Inc., Digify, Inc., Widen Inc., CapLinked, Inc., EZDRM, Inc., Seclore Inc., DivX, LLC., Fasoo Co., Ltd., Nextlabs Inc, and among others

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Digital Rights Management market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Digital Rights Management market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Digital Rights Management market.

Competitive Terrain:

The global Digital Rights Management industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

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The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.

Key Benefits of the Report:

Comprehensive analysis of the competitive scenario and its changing dynamics

Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis

In-depth 8-year analysis of the Global Digital Rights Management Market

Critical understanding of the key market segments

Comprehensive analysis of the drivers, restraints, trends, and opportunities

Detailed regional analysis and extensive company profiling

Extensive assessment of current and emerging trends of the market

Digital Rights Management Market Reports inquiry and request for customization @ https://www.emergenresearch.com/request-for-customization/1547

Segments Covered in this report are:

• Deployment Model Outlook (Revenue, USD Billion; 2019-2030)

  • On-premises
  • Cloud
  • Hybrid

• Component Outlook (Revenue, USD Billion; 2019-2030)

  • Solution
  • Services

• Organization Size Outlook (Revenue, USD Billion; 2019-2030)

  • Large Enterprises
  • Small and medium enterprises

Digital Rights Management Market Segmentation based on Regions:

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Spain, Benelux, Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)

Latin America (Brazil, Rest of Latin America)

Middle East & Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East & Africa)

Explore the Full Index of this Research Report 2021

Table of Content

Chapter 1. Methodology & Sources

Chapter 2. Executive Summary

Chapter 3. Key Insights

Chapter 4. Digital Rights Management Market Segmentation & Impact Analysis

Chapter 5. Digital Rights Management Market By Method Insights & Trends, Revenue (USD Billion)

Chapter 6. Digital Rights Management Market By Protection Type Insights & Trends Revenue (USD Billion)

Chapter 7. Digital Rights Management Market By Zone Insights & Trends Revenue (USD Billion)

Chapter 8. Digital Rights Management Market By Application Insights & Trends Revenue (USD Billion)

Chapter 9. Digital Rights Management Market By End-Use Insights & Trends Revenue (USD Billion)

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About Emergen Research

Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.