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Digital Rights Management Market Trends

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

Digital Rights Management Market Trends

The Digital Rights Management (DRM) industry witness’s pivotal shifts. One key trend is the deepening integration of artificial intelligence (AI) and machine learning (ML) into DRM solutions. According to a report by the National Institute of Standards and Technology (NIST), these technologies bolster DRM systems, enabling real-time content monitoring, anomaly detection, and preemptive security threat forecasts. AI-powered DRM not only streamlines digital rights management but also fortifies defenses against piracy and unauthorized access.
 

For instance, Microsoft has implemented AI-driven DRM in its Azure platform, enhancing security and efficiency. As AI and ML mature, this trend is set to amplify. For instance, in March 2024, Adobe unveiled new Generative AI solutions aimed at transforming content creation and management within enterprises. These solutions streamline the content supply chain by leveraging artificial intelligence to automate and enhance creative workflows. By integrating Generative AI capabilities into its Creative Cloud platform, Adobe aimed to help businesses produce high-quality content more efficiently.
 

Blockchain technology is gaining traction in DRM. Its decentralized nature ensures content ownership and distribution records are unalterable, fostering trust and security. The World Intellectual Property Organization (WIPO) highlights that with the surge in subscription-based and streaming services, there's a mounting call for DRM systems that are agile and scalable. Providers seek solutions that seamlessly adapt to diverse platforms and business models, from pay-per-view to subscriptions, to meet varied consumer demands. For example, Sony Music has adopted blockchain to manage and protect its digital assets, demonstrating the practical application and benefits of this technology.
 

Media platforms are increasingly turning to advanced content fingerprinting techniques, like Automatic Content Recognition (ACR) and Perceptual Hashing, to bolster their Digital Rights Management (DRM) capabilities. ACR harnesses cutting-edge audio, video, and metadata analysis algorithms to automatically pinpoint subtle content signals, enabling precise tracking of syndicated content to uphold licensing agreements.
 

In contrast, Perceptual Hashing utilizes AI and deep learning to craft unique fingerprints from media files. These fingerprints, in the form of hash strings, are exceptionally sensitive to even minor content alterations. This heightened sensitivity aids in effective duplicate detection, bolstering content protection against piracy and unauthorized distribution. These strategies signify a deliberate move towards more advanced DRM solutions, harnessing AI-driven technologies to comprehensively safeguard digital assets across a myriad of platforms and devices.
 

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.

Digital Rights Management Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 25
  • Tables & Figures: 628
  • Countries covered: 21
  • Pages: 255
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