Digital Rights Management Market, By Component (Software and Service), by Deployment Type (On-premise and Cloud-based), By Organization Size (SMEs and Large Enterprises), By End-use Industry (Retail, BFSI, Government, Healthcare, Media and Entertainment,

Digital Rights Management Market, By Component (Software and Service), by Deployment Type (On-premise and Cloud-based), By Organization Size (SMEs and Large Enterprises), By End-use Industry (Retail, BFSI, Government, Healthcare, Media and Entertainment, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

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 (2022-2028), considering 2021 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 Component:
Software
Services
By Deployment Type:
On-premise
Cloud-based
By Organization Size:
SMEs
Large Enterprises
By End-use Industry:
Retail
BFSI
Government Sector
Healthcare
Media and Entertainment
Others
By Country:
U.S.
Canada
Europe
By Component:
Software
Services
By Deployment Type:
On-premise
Cloud-based
By Organization Size:
SMEs
Large Enterprises
By End-use Industry:
Retail
BFSI
Government Sector
Healthcare
Media and Entertainment
Others
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Component:
Software
Services
By Deployment Type:
On-premise
Cloud-based
By Organization Size:
SMEs
Large Enterprises
By End-use Industry:
Retail
BFSI
Government Sector
Healthcare
Media and Entertainment
Others
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
By Component:
Software
Services
By Deployment Type:
On-premise
Cloud-based
By Organization Size:
SMEs
Large Enterprises
By End-use Industry:
Retail
BFSI
Government Sector
Healthcare
Media and Entertainment
Others
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
By Component:
Software
Services
By Deployment Type:
On-premise
Cloud-based
By Organization Size:
SMEs
Large Enterprises
By End-use Industry:
Retail
BFSI
Government Sector
Healthcare
Media and Entertainment
Others
By Country/Region:
GCC Countries
South Africa
Rest of Middle East and 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.