Global Copyright Licensing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Copyright Licensing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Copyright is the legal protection over any intellectual property (IP). A copyright license is an agreement that allows a person or entity who holds the copyright (the licensor) to assign (or transfer) the copyright to another (the licensee). Copyright licenses are commonly used in the music, cinematography, artistic work, and architecture industries to prevent content from being copied as well as provide credit to the original creator.

Market Overview:

The latest research study on the global Copyright Licensing market finds that the global Copyright Licensing market reached a value of USD 172514.46 million in 2022. It’s expected that the market will achieve USD 243523.41 million by 2028, exhibiting a CAGR of 5.91% during the forecast period.

Development of the entertainment and media industry

Entertainment and media as an economic sector includes a variety of products and services, including film, television, music, radio, print media, toys, games, gambling, sports, and the fine arts. Entertainment and media has grown into an industry as income and leisure time have increased. According to data released by Statista, the entertainment and media market will reach US$2.34 trillion in 2021, an increase of 10.4% over 2020, and the US dollar is expected to reach US$2.93 trillion by the end of 2026. The entertainment and media industry is the main downstream market for Copyright Licensing. Therefore, the growth of the entertainment and media market size will bring greater market demand to the Copyright Licensing industry.

Improvement of intellectual property, copyright and other laws in developing countries

Intellectual property rights (IPR) are legal entitlements granted by governments within their respective sovereignties that provide patent, trademark, and copyright owners the exclusive right to exploit their intellectual property (IP) for a certain period. While many countries have some form of IPR protection, the degree to which IPR is protected varies greatly. In recent years, the improvement of laws on Intellectual property in developing countries has expanded the market of Copyright Licensing. The Copyright Act, 1957 (Act) along with Copyright Rules, governs the laws related to copyright protection in India. On 30 March 2021, the Copyright (Amendment) Rules, 2021 was brought into effect with the primary objective of bringing the existing rules in parity with other relevant legislations and ensuring accountability and transparency. Moreover, the amendment of the Copyright rules aimed at facilitating smoother functioning by adopting electronic means as primary mode of communication and working in the Copyright Office. China promulgated the Copyright Law in 1980, revised it twice in 2001 and 2010, and promulgated and implemented the third revision in 2021. China's newly revised Copyright Law, which will be implemented on June 1, 2021, focuses on solving some new problems brought about by the development of new technologies, improving copyright protection in information network communication activities, improving the definition of works, and improving rights system, improve the means of law enforcement, and make a good connection with the international conventions and other laws and regulations that China has acceded to. The improvement of copyright laws in countries such as China and India has greatly promoted the development of the Copyright Licensing market in these regions.

Region Overview:

In 2021, the share of the Copyright Licensing market in United States stood at 28.99%.

Company Overview:

COMCAST, Disney Media & Entertainment Distribution Media Center, Viacom were the top 3 players in the Copyright Licensing market in 2022, taking up a market share of 11.68% together.

Segmentation Overview:

Among different product types, Films segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Large Enterprises segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Copyright Licensing market covered in Chapter 3:

Viacom
COMCAST
NLA Media Access
Creative Commons
Shutterstock
Getty Images
Warner Bros
Motion Picture Licensing Corporation
Authors' Licensing and Collecting Society
Audio Network
Christian Copyright Licensing International
Phonographic Performance Ltd.
Disney Media & Entertainment Distribution Media Center

In Chapter 4 and Chapter 14.2, on the basis of types, the Copyright Licensing market from 2018 to 2029 is primarily split into:

Literature Works
Films
Music
Artistic Works
Architectural Designs
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Copyright Licensing market from 2018 to 2029 covers:

Large Enterprises
Small and Medium Enterprises (SMEs)

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)