Revenue Growth of the Enterprise Digital Rights Management Market to be Influenced by Growing End-use Adoption

Persistence Market Research (PMR) recently released a report on the market outlook on the Enterprise Digital Rights Management (EDRM) market , for the analysis period 2014-2018 and the opportunity evaluation period 2019-2029. Cloud solution and service providers are expected to create significant opportunities for enterprise digital rights management platform providers in terms of delivering cost-effective solutions and services to customers. Cloud solution and service providers can also help enterprise digital rights management solution providers expand their businesses in multiple regional markets without having to expand their physical distribution channel.

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press release of the edrm market for corporate digital rights management
Advances in enterprise data management solutions technologies have helped revolutionize several verticals in various developing and developed regions. Several enterprise digital rights management solution providers are making significant investments to meet the growing need for innovative and efficient enterprise digital rights management solutions in East Asia, South Asia, the Middle East and Africa.

EDRM market: segmental analysis

The global business digital rights management market is expected to offer a total incremental opportunity worth more than US $ 2.7 trillion during the forecast period from 2019 to 2029. In the report on the global business digital rights management market , PMR has separated the global EDRM market by application, company size, vertical and region.

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Of all corporate digital rights management applications, corporate digital rights management applications related to video on demand are estimated to offer an incremental opportunity worth nearly $ 1,300 million in the global digital rights management market business. The video on demand applications segment is estimated to remain a very attractive segment throughout the forecast period in the global EDRM market.

The vertical sector of the media and entertainment industry is estimated to continue to hold a large market share of the global enterprise digital rights management market throughout the forecast period. It is also estimated that the segment will see a very high incremental opportunity in the global enterprise digital rights management market during the forecast period. However, of all industry verticals in the global enterprise digital rights management market, the telecom industry vertical is expected to record the largest CAGR during the projection period.

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Globally, more adoption of enterprise digital rights management solutions is expected among midsize and small businesses than the estimated adoption of enterprise digital rights management solutions by large enterprises. This factor will allow the SME subsegment to record a high CAGR in the global business digital rights management market during the forecast period.

The EDRM market in Europe is expected to offer a very high opportunity during the forecast period, followed by the North American business digital rights management market. The EDRM market in East Asia is expected to experience the third highest incremental opportunity during the forecast period.

Global spending on information and communication technologies (ICT) increases every year due to the ever-increasing demand for technology products, such as consumer electronics, software and software-dependent devices. The global business digital rights management market is also experiencing significant growth with the accelerated rollout of new ICT technologies over the past three years.

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As the use of mobile devices increases, so has the demand for corporate digital rights management. In addition, the increasing scalability and performance of enterprise digital rights management security solutions under opposite conditions, such as flexible demand and magnified network traffic generation, are some of the opportunities that EDRM market players can benefit from. The opportunities for the growth of the enterprise digital rights management market are also linked to generating a solution that can keep up with security issues, as well as keeping the solutions in line with the laws and regulations that govern the market.

EDRM market: key players

Some of the Key Players in Global Enterprise Digital Rights Management Market Research Report include Vitrium Security, Bynder, File Open Systems, Verisign Inc., Sony Corporation, Realnetworks, Inc., Oracle, Microsoft Corporation, Hewlett Packard Enterprise, Dell EMC, Apple Inc. and Adobe, among others.

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