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Digital Rights Management Market Will Rise due to the Rise of Streaming Services and Increasing use of Mobile Devices | Dell, DivX, Fasoo, Nextlabs

07-12-2023 04:43 PM CET | Media & Telecommunications

Press release from: Global Insight Services

Digital Rights Management Market Will Rise due to the Rise

Digital Rights Management (DRM) is a type of technology that is used to protect digital content. DRM technology uses various methods to control how users can access and use digital content. These methods can include encryption, copy protection, and watermarking. DRM technology can be used to protect a wide range of content, including music, movies, games, and software.

One of the main goals of DRM technology is to prevent unauthorized copying of digital content. DRM technology can also be used to control how users can use the content, such as restricting the ability to print or copy it. DRM technology can also be used to track who is using the content and when.

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Key Trends

There are a few key trends in digital rights management technology. One is the use of digital watermarking. This is a process of embedding a digital code into a file that can be used to identify the owner of the file. This can be used to track who is sharing files and to prevent unauthorized copying.

Another trend is the use of encryption. This is a process of encoding data so that it can only be decoded by authorized users. This can be used to protect files from being accessed by unauthorized users.

Finally, there is the trend of using digital signatures. This is a process of verifying the identity of the owner of a file. This can be used to prevent someone from impersonating the owner of a file and to make sure that the file has not been tampered with.

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Key Drivers

There are a few key drivers of the digital rights management market. Firstly, the need to protect intellectual property has never been higher. With the proliferation of digital content, it is now easier than ever for someone to copy and distribute copyrighted material without permission. This has led to a rise in piracy, which damages the revenue of copyright holders. Digital rights management technologies can help to reduce piracy by making it more difficult to copy and distribute material without permission.

Secondly, the rise of streaming services has led to a need for better content protection. When users stream content, they do not actually download and store it on their devices. This makes it more difficult to protect the content from unauthorized copying and distribution. Digital rights management technologies can help to prevent users from making unauthorized copies of streamed content.

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Thirdly, the increasing use of mobile devices has led to a need for better content protection on these devices. Mobile devices are often lost or stolen, which can lead to the unauthorized copying and distribution of content. Digital rights management technologies can help to prevent unauthorized copying and distribution of content on mobile devices.

Fourthly, the increasing use of cloud-based services has led to a need for better content protection in the cloud. When content is stored in the cloud, it is more difficult to protect it from unauthorized copying and distribution. Digital rights management technologies can help to prevent unauthorized copying and distribution of content in the cloud.

Market Segmentation

The Digital Rights Management Market is segmented into application, enterprise size, industry vertical, and region. Based on application, the market is segmented into mobile content, mobile gaming, video-on-demand, and others. Based on enterprise size, the market is segmented into small and medium enterprises, and large enterprise. Based on industry vertical, the market is segmented into BFSI healthcare, printing and publication, education, television and film, and others. By region, the market is classified into North America, Europe, Asia-Pacific, and rest of the world.

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Key Players

The key players in the Digital Rights Management Market are Adobe, Apple Inc., Dell Inc., DivX, LLC., Fasoo, International Business Machines Corporation, Microsoft Corporation, Nextlabs Inc., Oracle Corporation and Sony Corporation.

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, USA. We are committed to providing the highest quality data, analytics and tools to meet all of our clients' market research needs. With GIS, you can be assured of the quality of your output, robust and transparent research methodology, and excellent service.

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