Emergen Research’s latest document, titled ‘Global Digital Rights Management Market - Forecast to 2030,’ is one of the most sought-after market reports involving an in-depth analysis of the global Digital Rights Management market. The report’s authors have offered necessary details on the latest Digital Rights Management market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Digital Rights Management industry entails useful insights into the estimated Digital Rights Management market size, revenue share, and sales distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcome in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Digital Rights Management market.
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.
Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drastic changes in the current Digital Rights Management business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Digital Rights Management market growth assessed on both regional and global levels.
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Market Scope:
One of the report’s central components is the broad Digital Rights Management market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Digital Rights Management market players.
Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 Key Digital Rights Management market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Digital Rights Management market size
2.2 Latest Digital Rights Management market trends
2.3 Key growth trends - Competitive Landscape
3.1 Global Digital Rights Management market key players
3.2 Global Digital Rights Management size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Digital Rights Management market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
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Key geographical areas:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
Leading Players Profiled in the Report:
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
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
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Key questions addressed in the report:
- What are the key factors driving the global Digital Rights Management market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the global Digital Rights Management market?
- What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
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About Emergen Research
Emergen Research is a Marketresearch 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 Marketintelligence 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.
