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Major Growth Driver Identified in 2025 Digital Rights Management Market: Escalating Security Concerns Propel Robust Growth In The Digital Rights Management Market
Digital Rights Management Market Size
Digital Rights Management Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, there has been a quick expansion in the size of the digital rights management market. Its predicted growth is from $5.82 billion in 2024 to $6.71 billion in 2025, signifying a compound annual growth rate (CAGR) of 15.3%. Factors such as the development of the media industry, the global spread of content distribution, the rise of monetization strategies, the proliferation of mobile devices, the protection of digital advertising, and regulatory compliance have contributed to the growth experienced in the past.
Digital Rights Management Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the market size for digital rights management is anticipated to witness a swift expansion. The market is projected to reach $13.7 billion by 2029, experiencing a compound annual growth rate (CAGR) of 19.5%. This projected increase during the forecast duration can be credited to escalating cyber threats, compatibility across various platforms, tailored content dissemination, combination content models, concerned on content security. The forecast window is set to witness dominant trends such as DRM solutions based on cloud, cohesion with analytics, the application of blockchain for DRM, streaming and subscription services, cooperation with AI and machine learning, and the inclusion of augmented and virtual reality (AR/VR).
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What Are the Drivers Transforming the Digital Rights Management Market?
The upward trend in security issues is a significant factor in the digital rights management market expansion. The widespread use of computers and laptops has resulted in more hackers infiltrating corporate and government networks to gain access and steal vital information for financial and business benefits. Moreover, companies are seeking a real-time method for dealing with business data and transporting and storing data via mobile devices, the cloud, USB, and disks. InfoSecurity reports, for instance, predict that worldwide ransomware damages will surpass $30 billion in 2023. With cyber-attacks becoming increasingly intricate and harder to identify, these figures are predicted to increase further. Moreover, digital rights management is used by healare entities and financial services companies to ensure adherence to data privacy and protection regulations such as the Health Insurance Portability and Accountability (HIPAA) and Gramm-Leach-Bliley Act (GLB Act or GLBA). Therefore, escalating security concerns are anticipated to open up opportunities for growth in the digital rights management market.
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What Long-Term Trends Will Define the Future of the Digital Rights Management Market?
Leading firms in the digital rights management market, such as Wacom Co., Ltd., are concentrating on the advancement of novel offerings like digital rights management services to verify authorship and control utilization rights. Digital rights management (DRM) service, a prominent technology, manages and safeguards the dissemination and use of digital content, impeding unauthorized access, reproduction, or distribution of media such as music, videos, or eBooks. For instance, in July 2024, Japan's Wacom Co., Ltd., a company known for its graphics tablets and similar products, introduced its digital rights management service. The digital rights management (DRM) service rolled out by Wacom emphasizes protecting digital content, specifically targeting creatives, by offering secure accessibility and control over their artistic works and designs. The service smoothly integrates with Wacom's devices, facilitating easier content distribution and teamwork, while safeguarding intellectual property rights through solid encryption and permission managing tools.
Which Segments in the Digital Rights Management Market Offer the Most Profit Potential?
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: Healare, 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 Firms Dominate the Digital Rights Management Market by Market Share and Revenue in 2025?
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.
Which Regions Offer the Highest Growth Potential in 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.
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