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To Key Players in Global Digital Rights Management Market are Apple, Adobe, Oracle, RealNetworks, Sony Electronics, VERISIGN, Microsoft, Locklizard, OpenText, HP, IBM

10-26-2018 10:28 AM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights, Inc.

Global Market Insights, Inc.

Global Market Insights, Inc.

North America dominates the digital rights management market due to the presence of major key players in this region. Apple, Microsoft, and Adobe Systems are expected to have a major market share in the region. The key players of the market opt for investments in R&D activities to strengthen their presence in the region. Microsoft has invested USD 500 million in the market to stop the music piracy across the region. Other prominent key players, such as Adobe and Amazon, have also engineered custom technologies to gain the market share in this region.

Europe is anticipated to witness a substantial growth rate due to several projects that are undertaken by the key players to propel digital rights management market share in the region. The rise in the presence of startup companies offering innovative solutions is anticipated to drive the growth of the market. In June 2018, Safeguard Secure PDF Web Viewer installed version 1.1.1 into Locklizard data to increase the viewing speed and support the complex Portable Document File (PDF) documents.

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Asia Pacific digital rights management market is projected to witness the fastest growth rate due to the increase in the number of investments done by the leading vendors in this region. Several projects undertaken by the government to counter the theft of original data are anticipated to drive the market during the forecast period.

Digital Rights Management (DRM) Market is growing rapidly due to an upsurge in the number of online piracy incidents across the web platforms. The ubiquitous internet is reaching a wide customer base and is making large monetary benefits which has spurred the Intellectual Property (IP) holders to share their content online. However, a surge in plagiarism will lead to a loss of their financial benefits. The integration of such technology with their intellectual property enables them to stop illegal activities and assist them in expanding their business.

The DRM technology is used to restrict the illegal distribution of the content over the internet and protect the digital content such as media files and software from intruders. The technology is being widely used by the publishers, media & entertainment companies, and manufacturers to avoid copyright infringement activities to maintain the integrity of the data. Moreover, the adoption of such technologies enables the publisher to limit the piracy activities by embedding the code into the original content. The technology encompasses four key fragments named content provider, server provider, license provider, and user.

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The surge in advocacy groups such as Entertainment Consumer Association (ECA), Electronic Frontier Foundation (EFF), and European Digital Rights (EDR) that look after the protection of digital contents is also anticipated to fuel the digital rights management market. The Copyright Directive (Directive 2001/29/EC of the European Parliament) is a directive of the European Union passed to implement copyright laws across Europe under the provision of the Treaty of Rome. The presence of such associations and government regulations enabled the publishers to distribute legitimate and high-end content among their end users without any concerns about pirating activities.

Digital rights management market is fragmented due to the presence of a significant number of players in the market. Some of the key players operating in this market are Apple, Inc., Adobe Systems, EMC Corporation, Oracle Corporation, RealNetworks, Inc., Sony Corporation, Verisign, Inc., Microsoft Corporation, Locklizard Limited, OpenText Corp., Vitrium Systems, Inc., Hewlett-Packard, and IBM Corporation. The key players of the market opt for product development and investments in SMEs to obtain an inorganic growth in this market.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

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