Press release
Prominent Digital Rights Management Market Trend for 2025: Major companies operating in the digital rights management market are focused on developing innovative solutions.
Digital Rights Management Market Size
Growth in the digital rights management market is largely prompted by escalating security issues. The widespread usage of computers and laptops has resulted in the rise of hackers who breach corporate and government networks to access and steal sensitive information for economic and commercial profits. Also, businesses are seeking a real-time method for handling data, which includes transmitting and storing data across various platforms such as mobile devices, the cloud, universal serial bus (USB), and disks. As noted in the InfoSecurity reports, damages caused by ransomware are projected to cross $30 billion worldwide in 2023. This estimate is anticipated to increase as cyber threats evolve to be more intricate and harder to identify. Moreover, digital rights management is leveraged by healthcare institutions and financial services organizations to maintain compliance with data privacy and security regulations, including the Health Insurance Portability and Accountability (HIPAA) and the Gramm-Leach-Bliley Act (GLB Act or GLBA). Thus, the surge in security worries is speculated to pave the way for expansion opportunities in the digital rights management market.
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What is the projected compound annual growth rate (CAGR) of the digital rights management market from 2025 to 2034, and what factors influence it?
The progression in the digital rights management market has been swift over the past years. The expected market growth is from $5.82 billion in 2024 to $6.71 billion in 2025, with a compound annual growth rate (CAGR) of 15.3%. This significant growth during the historical period is due to factors such as the evolution of the media industry, worldwide content distribution, monetization tactics, the advent of mobile devices, protection of digital adverts, and regulatory compliance.
The market size for digital rights management is projected to experience a rapid expansion in the upcoming years, ballooning to $13.7 billion by 2029 with a compound annual growth rate (CAGR) of 19.5%. Reasons for the growth in this forecast period include an increase in cyber threats, cross-platform compatibility, custom content distribution, a mix of content models, and an emphasis on content security. Key trends for the period forecasted include cloud-derived DRM solutions, incorporation of analytics, the use of blockchain for DRM, services for subscription and streaming, cooperation with artificial intelligence and machine learning, as well as augmented and virtual reality (AR/VR).
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How are the latest trends influencing the growth of the digital rights management market?
Major players in the digital rights management market, such as digital rights management services, are developing innovative solutions to establish ownership and manage rights of use. Digital rights management (DRM) services use cutting-edge technology to control and manage digital content dispersion and consumption, thereby blocking unauthorized access, duplication or distribution of media like audio, video, or electronic books. For instance, in July 2024, Wacom Co., Ltd., a software company based in Japan known for its graphics tablets and related offerings, rolled out a digital rights management service. The DRM service rolled out by Wacom Co., Ltd. provides superior protection to digital content, especially for those in creative professions, by offering safe access and control over the use of artistic creations and designs. It is seamlessly compatible with devices made by Wacom, allowing effortless content sharing and collaboration, while safeguarding intellectual property rights through solid encryption and permission management tools.
What are the major segments of the digital rights management market and their role in driving growth?
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 regions are key players in the growth of the digital rights management market?
North America was the largest region in the digital rights management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital rights management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in 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.
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What Is Covered In The Digital Rights Management Global Market Report?
•Market Size Forecast: Examine the digital rights management market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the digital rights management market for a structured understanding.
•Key Players Overview: Analyze major players in the digital rights management market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the digital rights management market.
•Segment Contributions: Evaluate how different segments drive overall growth in the digital rights management market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the digital rights management market.
•Industry Challenges: Identify potential risks and obstacles affecting the digital rights management market.
•Competitive Landscape: Review strategic developments in the digital rights management market, including expansions, agreements, and new product launches.
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