Digital Rights Management Market - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Digital rights management is a technology used to protect the copyright of digital content such as audio, video, texts, images, music, and others. Data rights management software is used for monitoring and protecting data from security breaches and tracking digital content. Digital rights management (DRM) is used by hardware and software manufacturers, publishers, and editors to limit the unauthorized access to digital content. Digital rights management is used in many applications such as mobile content, video on demand, mobile gaming, eBooks, and others. The growing popularity of online streaming and online gaming provides lucrative opportunities for digital rights management market.

Market Dynamics

The global digital rights management market is expected to grow significantly during the forecast period, owing to the rising adoption of intellectual property (IP), cloud storage platform, and rising usage of digital content such as emails, pdf, word documents, and others. For instance, in February 2018, Vera Security Inc., a U.S.-based company, which provides data security solutions, announced partnership with Canon Inc., a Japan-based multinational company, to implement a data-centric approach to security. Through this partnership, owners can protect their business information and intellectual property (IP) from data breach. Furthermore, evolution in IPTV, OTT, and the rise of e-commerce business in the Asia Pacific region is also expected to drive the market growth. Moreover, Asia Pacific region has a large amount of customer base as compared to other regions, which is driving the market growth in this region. For instance, in February 2020, Mola TV, an Indonesia-based OTT service provider, secured its services by using Verimatrix, Inc. digital rights management solution. This solution is used to protect live and video-on-demand content streamed by Mola TV with digital rights management capabilities.

Moreover, major global players across different regions are focusing on developing new products with new features and technologies to remain competitive in the market. Industries are focusing on developing new products with new features to cater to the demand from the end users. For instance, in March 2020, Microsoft, a U.S.-based multinational technology company, launched Windows 10 builds 18363.752 and 18362.752 with multiple fixes. The build is used to update performance issue in the application when content is being protected by digital rights management solution. This build is also used to update an issue that prevent applications from closing.

Key features of the study:

• This report provides in-depth analysis of the global digital rights management market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020– 2027), considering 2019 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
• It profiles leading players in the global digital rights management market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
• Companies covered as a part of this study include Microsoft, Facebook, Inc., Apple, Inc., Oracle, Seclore, Fasoo, VERA, Adobe Inc., Open Text Corporation, DivX, LLC, HP Labs, Dell Inc., VOBILE INC., RealNetworks, Inc., IBM Corporation, General Electric, Axtia Technologies, Union FinTech, and Conax Technologies
• Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
• The global digital rights management market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global digital rights management market

Detailed Segmentation

Global Digital Rights Management Market, By Component:

• Software
• Services

Global Digital Rights Management Market, By Deployment Type:

• On-premise
• Cloud-based

Global Digital Rights Management Market, By Organization Size:

• SMEs
• Large Enterprises

Global Digital Rights Management Market, By End User:

• Retail
• BFSI
• Government Sector
• Healthcare
• Media and Entertainment
• Others

Global Digital Rights Management Market, By Region:

• North America
• By Country
• U.S.
• Canada
• Latin America
• By Country
• Brazil
• Mexico
• Argentina
• Rest of Latin America
• Europe
• By Country
• Germany
• U.K.
• France
• Italy
• Spain
• Russia
• Rest of Europe
• Asia Pacific
• By Country
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East
• By Country
• GCC
• Israel
• Rest of Middle East
• Africa
• By Country/Region
• South Africa
• Central Africa
• North Africa

Company Profiles

• Microsoft*
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments/ Updates
• Facebook, Inc.
• Apple, Inc.
• Oracle
• Seclore
• Fasoo
• VERA
• Adobe Inc.
• Open Text Corporation
• DivX, LLC
• HP Labs
• Dell Inc.
• VOBILE INC.
• RealNetworks, Inc.
• IBM Corporation
• General Electric
• Axtia Technologies
• Union FinTech
• Conax Technologies

“*” marked represents similar pointers for other companies.