According to the report, the Digital Rights Management market is predicted to achieve USD 10,109 million by 2026. This report examines the status quo and projections of the global Digital Rights Management market and analyzes the Digital Rights Management market by manufacturer, type, application, and region. This report focuses on top manufacturers in North America, Europe, Japan, China, India, Southeast Asia, and other regions (Central and South America, Middle East and Africa).
Digital rights management (DRM) is a systematic approach to copyright protection for digital media. The purpose of DRM is to prevent unauthorized redistribution of digital media and restrict the ways consumers can copy content they’ve purchased. DRM products were developed in response to the rapid increase in online piracy of commercially marketed material, which proliferated through the widespread use of peer-to-peer file exchange programs. Typically DRM is implemented by embedding code that prevents copying, specifies a time period in which the content can be accessed or limits the number of devices the media can be installed on.
The Digital Rights Management market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include Apple, Adobe Systems, EMC, Hewlett-Packard, IBM, Microsoft, Oracle, Realnetworks, Sony, Verisign, LockLizard Limited, OpenText Corp., SAP SE, etc.
The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio.
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It is estimated that the total market value of the Digital Rights Management global market is poised to reach USD 10,109 million in 2026 from USD 3,240 million in 2019, with a CAGR of 17.65%.
Facilitating and Limiting Factors:
The Digital Rights Management market is expected to register substantial growth in the coming years, owing to the increase in internet usage and growth in smart devices. In addition, the increasing adoption of digital rights management solution in the BFSI sector, owing to Digital rights management solutions offer various benefits include data encryption, access to confidential documents on authorized personnel’s individual tablets and smartphones, is also projected to stimulate the growth of the market. Yet, the lack of awareness about technology usage is one of the key restraining factors for the growth of the Digital Rights Management market.
The global Digital Rights Management market is broadly divided based on type, application, and region:
By type – Mobile Content, Video on Demand, Mobile Gaming, Ebook, Others
By application – Music, Printing and Publication, Software, Television, Others
By region – North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others
Geographically, the Digital Rights Management global market is classified into North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. North America is the global market leader at a share of 37.11%, owing to the presence of key players in this region. The United States is the major market in this region as a result of the rising demand for digital rights solutions in the media and entertainment sector. Europe is the second largest market with a share of 30.73%, followed by Asia-Pacific, accounting for 22.52%. Asia-Pacific is expected to witness significant growth in the forecast period. The demand for Digital Rights Management in the Middle East & Africa is expected to increase, owing to the growing adoption of technology by the retail sector.
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Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Digital Rights Management Market
2 Market Trends and Competitive Landscape
3 Segmentation of Digital Rights Management Market by Types
4 Segmentation of Digital Rights Management Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Digital Rights Management Market in Major Countries
7 North America Digital Rights Management Landscape Analysis
8 Europe Digital Rights Management Landscape Analysis
9 Asia Pacific Digital Rights Management Landscape Analysis
10 Latin America, Middle East & Africa Digital Rights Management Landscape Analysis
11 Major Players Profile
11.1.1 Apple Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Adobe Systems
11.11 LockLizard Limited
11.12 OpenText Corp.
11.13 SAP SE
- Digital Rights Management manufacturers
- Digital Rights Management importers and exporters
- Digital Rights Management traders, distributors, and suppliers
- Digital Rights Management industry associations
- Product managers, Digital Rights Management industry administrator, C-level executives of the industries
- Market Research and consulting firms
- Small and Medium-sized Enterprises (SMEs)
- Government agencies and NGOs
What Information does this report contain?
- The report covers the prediction and analysis of the global Digital Rights Management market at the global and regional levels.
- The report includes drivers and constraints that affect market growth.
- Discussed details about market opportunities
- The assessments for the regional market layout characteristics in the world.
- The report includes detailed company profiles for prominent market participants.
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