[November 23, 2021]

The Worldwide Digital Rights Management Industry is Expected to Reach $8.2 Billion by 2027 - ResearchAndMarkets.com

The "Digital Rights Management (DRM) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Digital Rights Management (DRM) estimated at US$3.3 Billion in the year 2020, is projected to reach a revised size of US$8.2 Billion by 2027, growing at a CAGR of 13.7% over the analysis period 2020-2027.

Media & Entertainment DRM, one of the segments analyzed in the report, is projected to record a 14.6% CAGR and reach US$5.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Enterprise DRM segment is readjusted to a revised 12.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $900.6 Million, While China is Forecast to Grow at 18% CAGR

The Digital Rights Management (DRM) market in the U.S. is estimated at US$900.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2027 trailing a CAGR of 18% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.6% and 12% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.8% CAGR.

Software DRM Segment to Record 11.1% CAGR

In the global Software DRM segment, USA, Canada, Japan, China and Europe will drive the 10.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$465.5 Million in the year 2020 will reach a projected size of US$930.5 Million by the close of the analysis period. Chinawill remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.2 Billion by the year 2027, while Latin America will expand at a 12.7% CAGR through the analysis period.

Select Competitors (Total 56 Featured):

• Adobe (News - Alert) Inc.
• ArtistScope
• Axinom
• BuyDRM, Inc.
• Conax AS
• Digital Content Protection LLC (DCP)
• DivX LLC
• FileOpen Systems Inc.
• Google LLC
• Haihaisoft
• IBM (News - Alert) Corp.
• INSIDE Secure
• InterTrust Technologies Corp.
• LockLizard Limited
• Microsoft Corp.
• OpenText Corp.
• Oracle Corporation
• SAP (News - Alert) SE
• SEAL Systems Inc.
• SECLORE
• Vaultize Technologies
• Verance Corporation
• VITRIUM
• Vobile Inc.
• YANGAROO Inc.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• The Opportunity for Content Monetization Remains Large as the Internet Continues to Grow & Expand
• Development and Proliferation of Internet Infrastructure and Technologies: The Foundation for the Emergence of Technology Protection Measures (TPM)
• Recent Market Activity
• The Ever-Present Threat of Piracy: The Cornerstone for the Growth & Continued Sustenance of the DRM Technology
• Market Outlook

2. FOCUS ON (News - Alert) SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Surging Smartphone Sales & Increase in Piracy Via Smartphones Drives Demand for Mobile DRM
• The Rise of Web DRM Triggers an Uprise Decrying the Loss of Internet Freedom
• Multi-DRM Grows in Prominence on the Back of Consumer Demand for Device Flexibility
• DRM for Streaming Services Grows in Demand in Parallel to the Rise in Streaming Service Subscribers
• Workforce Mobility & Rise of BYOD Drives the Criticality of Enterprise DRM
• The Unprecedented Rise of Cloud Computing Spurs the Use of Cloud Based DRM Services
• Digital Watermarking & Fingerprinting Rise in Prominence as Supplementary Add-On Technologies to DRM
• High Bandwidth (News - Alert) Digital Content Protection Grows in Popularity Under the Aegis of DRM
• Plug & Play DRM Loses Favor Amid the Ballooning Revenue Opportunity in the Digital Content Services Market
• User Privacy Infringement: A Key Challenge Posed by DRM
• Software Piracy & the Ensuing Losses Drives Demand for Software DRM Tools
• Strong Growth in Application Development: The Cornerstone for Software DRM Demand
• Improvements in DRM Interoperability to Drive Effective Content Delivery

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/7dfyfj

View source version on businesswire.com: https://www.businesswire.com/news/home/20211123005753/en/

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