Digital Rights Management Market Expansion Continues, with Forecast Valuation of $13.41 Billion by 2029

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

How Large Will the Digital Rights Management Market Size By 2025?
The expansion of the digital rights management market has been exponential in the past few years. The market value is projected to soar from $5.82 billion in 2024 to $6.66 billion in 2025, with a compound annual growth rate (CAGR) of 14.4%. The historic growth is credited to factors like the evolution in the media industry, global content distribution, monetization plans, the rise of mobile devices, safeguarding digital advertising, and regulatory compliance considerations.

How Big Is the Digital Rights Management Market Size Expected to Grow by 2029?
In the coming years, the digital rights management market is forecasted to experience swift expansion. It's projected to escalate to $13.41 billion by 2029, growing at a compound annual growth rate (CAGR) of 19.1%. The anticipated growth during this forecast period can be ascribed to the surge in cyber threats, the compatibility of cross-platforms, customized content distribution, mixed content models, and an emphasis on content security. Key trends to look out for within this forecast period encompass DRM solutions based on the cloud, integration with analytical tools, DRM in conjunction with blockchain, subscription and streaming services, cooperation with artificial intelligence and machine learning technologies, as well as augmented and virtual reality (AR/VR).

View the full report here:
https://www.thebusinessresearchcompany.com/report/digital-rights-management-global-market-report

Which Key Market Drivers Powering Digital Rights Management Market Expansion and Growth?
The digital rights management market is experiencing growth, largely due to heightened security concerns. The rampant use of personal computers and laptops has led to a surge in hackers who infiltrate corporate and governmental networks to acquire and monetize valuable information. Additionally, businesses are seeking real-time business data solutions, including the transmission and storage of data across mobile devices, cloud platforms, USBs, and disks. To illustrate, InfoSecurity reports forecast that damages from ransomware globally will surpass $30 billion in 2023. This figure is predicted to escalate since cyberattacks are becoming increasingly intricate and harder to identify. Moreover, organizations in the healthcare and financial services sectors are also employing digital rights management to meet data privacy and protection standards like HIPAA (Health Insurance Portability and Accountability) and the Gramm-Leach-Bliley Act (GLB Act or GLBA). Therefore, rising security concerns should present opportunities for expansion in the digital rights management market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5746&type=smp

What Trends Will Shape the Digital Rights Management Market Through 2029 and Beyond?
Leading enterprises active in the digital rights management industry are concentrating on the creation of cutting-edge solutions like digital rights management services. These help in asserting originality and managing usage rights. A digital rights management (DRM) service is a progression of technology designed to oversee and guard the dispersion and usage of digital content, thereby averting unauthorized admittance, duplication, or dissemination of media such as music, videos, or digital books. As an example, in July 2024, Wacom Co., Ltd., a company in Japan renowned for producing graphics tablets and associated products, introduced a digital rights management service. With enhanced protection for digital content, this DRM service by Wacom Co., Ltd is particularly beneficial for creative professionals as it offers secure access and control over the usage of artistic work and designs. It has amalgamated seamlessly with Wacom's devices and provides efficient content sharing and cooperation. Moreover, it guarantees the protection of intellectual property through strong encryption and the proficient management of permissions.

What Are the Emerging Segments in the Digital Rights Management Market?
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

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=5746&type=smp

Who Are the Global Leaders 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.

Which are the Top Profitable Regional Markets for the Digital Rights Management Industry?
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.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5746

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.