How has the digital rights management market evolved, and where is it heading next?
The digital rights management market size has grown rapidly in recent years. It will grow from $5.82 billion in 2024 to $6.71 billion in 2025 at a compound annual growth rate (CAGR) of 15.3%. The growth in the historic period can be attributed to media industry evolution, globalization of content distribution, monetization strategies, emergence of mobile devices, digital advertising protection, regulatory compliance.
The digital rights management market size is expected to see rapid growth in the next few years. It will grow to $13.7 billion in 2029 at a compound annual growth rate (CAGR) of 19.5%. The growth in the forecast period can be attributed to rising cyber threats, cross-platform compatibility, personalized content delivery, hybrid content models, focus on content security. Major trends in the forecast period include cloud-based DRM solutions, integration with analytics, blockchain for DRM, subscription and streaming services, collaboration with AI and machine learning, augmented and virtual reality (AR/VR).
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What are the key forces behind the digital rights management market’s growth in recent years?
Increasing security concerns have contributed to the growth of the digital rights management market. The extensive use of PCs and laptops has led to an increase in the number of hackers who intrude into corporate and government networks to access and steal critical information for monetary and business gains. Additionally, corporations are looking for a real-time approach to business data along with transmitting and storing data across mobile devices, the cloud, universal serial bus (USB), and disks. For instance, according to the InfoSecurity reports, ransomware damages are expected to exceed $30 billion globally in 2023. This number is still set to rise as cyberattacks are becoming more complex and difficult to detect. Digital rights management is also used by healthcare organizations and financial services firms to ensure compliance with data privacy and protection standards such as HIPAA (Health Insurance Portability and Accountability) and Gramm-Leach-Bliley Act (GLB Act or GLBA). Hence, the rise in security concerns is expected to create avenues for market growth in the digital rights management market.
What are the major segments of the digital rights management market?
The digital rights management market covered in this report is segmented –
1) By Application: Mobile Content, Video On Demand, Mobile Gaming, eBook, Other Applications
2) By End Users: SMEs, Large Enterprise
3) By Industries: Healthcare, Music, Education, BFSI, Legal Or Law, Printing And Publication, Software, Television And Film, Other Industries
4) By Deployment Mode: On-Premise, On Cloud
Subsegments:
1) By Mobile Content: Apps And Software, Mobile Music And Media
2) By Video On Demand: Streaming Services, Rental And Purchase Platforms
3) By Mobile Gaming: In-App Purchases, Game Distribution Platforms
4) By eBook: Digital Publishing Platforms, Educational Content
5) By Other Applications: Software Licensing, Music Streaming, Content Protection For Websites
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Which companies dominate the digital rights management market?
Major companies operating in the digital rights management market include Apple Inc., Alphabet Inc., Microsoft Corporation, Sony Corporation, International Business Machine Corporation, Oracle Corporation, OpenText Corporation, Intralinks Holdings Inc., Kudelski Group, Irdeto B.V., BuyDRM Inc., EditionGuard LLC, Vera Security Inc., Fasoo Inc., Intertrust Technologies Corporation, NextLabs Inc., Conax AS, Adobe Systems Incorporated, Verimatrix Inc., Seclore Technology, Vitrium Systems Inc., FileOpen Systems Inc., Digify Inc., EZDRM Inc., Locklizard Limited, Verance Corporation, MediaSilo Inc., Cinedigm Corp., Friend MTS Ltd.
What major trends will shape the digital rights management market during the forecast period?
Major companies operating in the digital rights management market are focused on developing innovative solutions, such as digital rights management services, to prove authorship and manage usage rights. A digital rights management (DRM) service is a technology used to protect and manage the distribution and usage of digital content, preventing unauthorized access, copying, or sharing of media like music, videos, or eBooks. For instance, in July 2024, Wacom Co., Ltd., a Japan-based software company that manufactures graphics tablets and related products, launched the digital rights management service. The digital rights management (DRM) service launched by Wacom Co., Ltd. offers enhanced protection for digital content, particularly for creative professionals, by providing secure access and usage control for artistic works and designs. It features seamless integration with Wacom’s devices, allowing for easy content sharing and collaboration while ensuring intellectual property protection through robust encryption and permission management tools.
What are the key regional dynamics of the digital rights management market, and which region leads in market share?
The countries covered in the digital rights management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
What Does The Digital Rights Management Market Report 2025 Offer?
The digital rights management market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Digital rights management (DRM) is a method of protecting digital media copyrights. This approach includes the use of technologies that limit the copying and use of copyrighted works and proprietary software. Digital rights management allows authors, movie professionals, musicians, and other creators to prevent unauthorized use of their content.
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