2025-2034 Blockchain in Digital Rights Management Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights

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Blockchain in Digital Rights Management Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of blockchain in digital rights management has seen considerable growth of late. It's projected to expand from $0.16 billion in 2024 to $0.25 billion in 2025, with a compound annual growth rate (CAGR) of 54.0%. The remarkable growth during the historic period can be associated with factors like secure content distribution, measures to combat piracy, the demand for decentralized DRM, inefficiencies in conventional DRM, concerns regarding fair compensation, the adoption of blockchain, and platforms for content monetization.

Blockchain in Digital Rights Management Market Size Forecast: What's the Projected Valuation by 2029?
The blockchain in digital rights management market is anticipated to undergo rapid expansion in the coming years, increasing to a staggering $1.25 billion in 2029 with a CAGR of 49.5%. The factors contributing to this growth include proliferation of digital content, increased regulations for IP rights protection, integration of blockchain with DRM, advancement in smart contract royalty management, adoption of blockchain in the media industry, and surge in NFT-led digital asset ownership. Alongside this, a focus on interoperability in blockchain DRM is also predicted. The key trends driving the growth for the forecasted period include the integration of blockchain technology, embracement of smart contracts, an uptick in the requirement for blockchain-based solutions, the creation of decentralized content marketplaces, adoption of non-fungible tokens, collaboration with content management systems, a growing focus on interoperability standards, and the emergence of blockchain-inspired identity solutions.

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What Are the Drivers Transforming the Blockchain in Digital Rights Management Market?
The growth of the digital rights management market through blockchain is anticipated to be boosted by the increasing popularity of online gaming. Playing video games over the internet through a computer, gaming console, or mobile device, known as online gaming, is becoming more common. The surge in online gaming popularity is due to a combination of factors, including the rise of esports, competitive gaming tournaments, live streaming platforms, and the widespread availability of smartphones. Blockchain technology's incorporation into digital rights management for online gaming provides a decentralized, transparent, and secure system for handling and protecting digital assets such as in-game items, virtual currency, and game licenses. In addition, blockchain can enhance interoperability and cross-platform compatibility, enabling gamers to utilize their digital assets across various games, platforms, and ecosystems. As reported by Uswitch Communications Ltd., a UK-based comparison service and switching website in May 2023, sales of digital games in the UK witnessed a one million unit increase between 2021 and 2022, rising from 61 million to 62 million units. Furthermore, about 40% of the global population are playing online games in 2023. Hence, the growth of the blockchain in the digital rights management market is being propelled by the increasing trend of online gaming.

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What Long-Term Trends Will Define the Future of the Blockchain in Digital Rights Management Market?
Companies that are leaders in the blockchain in digital rights management market are increasingly adopting and integrating advanced technologies like digital rights management tools into their operations to enhance their earnings in the market. These digital rights management tools constitute software solutions that employ blockchain technology to oversee and safeguard digital assets such as media files, software, or documents. This is achieved through implementing access control, content encryption, and usage restrictions. An exemplification of this is Elastos, an internet operating system out of Singapore powered by blockchain technology, which in January 2024, unveiled its Elacity DRM. This novel digital rights management tool is purpose-built for Web3 and targets video content creators specifically. With the deployment of the Access Economy Protocol (AEP) which harmonizes non-fungible token technology with decentralised digital rights management, Elacity DRM allows creators the autonomy to circulate, monetize, and re-sell their content with customized scarcity levels thereby ensuring they have direct control over their digital rights. Elacity utilizes both blockchain and decentralized technology to provide assurance that digital assets remain not only secure but also preserve their accurate value in the Web3 era. The compatibility of this tool, which is constructed on the Elastos Smart Chain and is EVM compatible, with a wide range of developers on the Elastos SmartWeb, enhances its accessibility.

Which Segments in the Blockchain in Digital Rights Management Market Offer the Most Profit Potential?
The blockchain in digital rights managementmarket covered in this report is segmented -

1) By Type: Public Blockchain, Private Blockchain
2) By Application: Content Protection And Security, Royalty Tracking And Payments
3) By End User: Content Creators And Artists, Media And Entertainment Companies

Subsegments:
1) By Public Blockchain: Permissionless Blockchain, Permissioned Blockchain
2) By Private Blockchain: Consortium Blockchain, Fully Private Blockchain

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Which Firms Dominate the Blockchain in Digital Rights Management Market by Market Share and Revenue in 2025?
Major companies operating in the blockchain in digital rights management market are Microsoft Corporation, Sony Corporation, International Business Machines Corporation, Oracle Corporation, Adobe Systems Incorporated, Verisign Inc., Kudelski Group, Blockchain.com Inc., ConsenSys LLC, Irdeto Inc., Exodus Information Technology Pvt. Ltd., Applied Digital Corporation, Mediachain Labs Inc., Axoni Inc., Eluvio Inc., Bitmark Inc., Custos Media Technologies Inc., Scenarex Inc., Pixsy Inc., Provenance Blockchain Inc., Binded Inc., Enterprise Ethereum Alliance, Theta Labs Inc., Publica Ltd., Gilgamesh Platform Inc., RecordsKeeper Technologies Inc.

Which Regions Offer the Highest Growth Potential in the Blockchain in Digital Rights Management Market?
North America was the largest region in the blockchain in digital rights management market in 2024. The regions covered in the blockchain in digital rights management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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