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Digital Rights Management Market Share

Report ID: GMI10455
Published Date: Jul 2024
Report Format: PDF

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Digital Rights Management Market Share

Leading firms in the digital rights management (DRM) sector prioritize technological innovation, focusing on encryption, digital watermarking, access controls, and secure key management. Moreover, these companies form strategic alliances to broaden their market presence, tailor solutions to diverse industry requirements, ensure adherence to global regulations, and prioritize user experience by streamlining DRM processes without compromising security. For example, IBM has partnered with various media companies to provide customized DRM solutions that meet specific industry needs. These concerted efforts are geared towards fortifying their competitive edge, fueling market expansion, and addressing the evolving landscape of digital content protection.

Digital Rights Management Market Companies

Major players operating in the digital rights management industry are:

Adobe Systems Incorporated
Apple Inc.
Microsoft Corporation
Google LLC
Oracle Corporation
IBM Corporation

Authors: Suraj Gujar, Saptadeep Das

Frequently Asked Questions (FAQ) :

The market size of digital rights management recorded USD 4.87 billion in 2023 and will exhibit 14% CAGR from 2024 to 2032, attributed to increasing need to protect intellectual property and digital content from unauthorized access and piracy.

Digital rights management industry from the digital watermarking segment will surpass USD 5.2 billion by 2032, due to its effectiveness in embedding identifying information into digital content to prevent unauthorized use and piracy.

North America market will capture 32% share in 2023, fueled by advanced technological infrastructure, high levels of digital content consumption, and significant investments in intellectual property protection.

Major companies operating in market are Adobe Systems Incorporated, Apple Inc., Microsoft Corporation, Google LLC, Oracle Corporation, and IBM Corporation, among others.