Information Rights Management Market 2030 | Emerging Technological Trends, Future Growth and Business Opportunities

The global Information Rights Management (IRM) market size was USD 1.43 Billion in 2021 and is expected to register a revenue CAGR of 15.5% during the forecast period, according to the latest analysis by Emergen Research. Rising adoption of IRM systems for omnichannel marketing and increasing demand from organizations to save and restore confidential data at the time of data breaching are key factors driving revenue growth of the market. IRM software is a collection of technologies that enable businesses and content owners to monitor, regulate, and defend rights of people and organizations against outsiders to ensure that people's personal information and surfing history are used legally throughout entire organization. Information leakage occurs when an unauthorized user or third party gains access to data, which ultimately results in leaking of sensitive information. This has a significant effect on businesses and organizations could lose their clients, personnel, partners, market standing, and credibility as a result of this "information leakage".

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As well as new entrants in the Information Rights Management market. It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others.

Some major companies in the global market report include International Business Machines (IBM) Corporation, Oracle, Adobe, Seclore, Microsoft, Nextlabs Inc., Open Text Corporation, Deltek, Inc., Vitrium Systems Inc., Citrix Systems, Inc., and AMTIVO Group Ltd.

Market Scope:

One of the report's central components is the broad Information 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.

Reports Highlights:

The solutions segment accounted for largest revenue share in 2021. IRM is a technology that regulates access and use of structured and unstructured data. Rapid digitalization with cloud computing, increasing usage of mobile devices coupled with growing internet penetration are giving rise to online theft and has increased demand for advanced IRM solutions, which are driving revenue growth of this segment.
The BFSI segment accounted for largest revenue share in 2021. The BFSI sector holds sensitive information and is most susceptible to data loss. In 2019, First American Financial Corp. had 885 million internet data exposed due to a cyberattack including social security numbers, bank transactions, and other personal information. This has increased importance of IRM solutions in the banking and insurance sector to maintain data privacy and is driving revenue growth in this segment.
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The global Information Rights Management market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Information Rights Management sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.

Emergen Research has segmented the global information rights management market based on component, deployment, organization size, verticals, and region:

Component Outlook (Revenue, USD Billion; 2019-2030)
Services
Consulting
Implementation & Integration
Training & Support
Others
Solutions
Deployment Outlook (Revenue, USD Billion; 2019-2030)
On-premises
Cloud
Organization Size Outlook (Revenue, USD Billion; 2019-2030)
Large Enterprises
Small and Medium-Sized Enterprises (SMEs)
Verticals Outlook (Revenue, USD Billion; 2019-2030)
Government
BFSI
IT & Telecom
Manufacturing
Education & Training
Energy & Utilities
Media & Entertainment
Healthcare
Others
Regional Bifurcation of the Information Rights Management Market Includes:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Information Rights Management market?

What are the key product types and applications of the Information Rights Management industry?

What is the outcome of SWOT analysis and Porter's Five Forces analysis?

What is the competitive landscape of the Information Rights Management market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

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