Global Digital Rights Management Market

Digital Rights Management Market Size, Share, Growth Analysis, By Application (Video-On-Demand, Mobile Gaming), By Industry Vertical (Television & Film, Healthcare), By Enterprise Size (SME, Large Enterprises), By Region -Industry Forecast 2025-2032


Report ID: SQMIG45B2185 | Region: Global | Published Date: January, 2025
Pages: 171 | Tables: 92 | Figures: 71

Digital Rights Management Market News

  • In November 2022, Fasoo Inc. launched a cloud version of Wrapsody eCo, its renewed secure collaboration tool. Businesses might use Wrapsody eCo to safely share and monitor important documents with internal or external users to protect their intellectual property or personal information and comply with regulations such as CCPA and GDPR. Each file can have an encryption or open sharing option, or use pre-set restrictions to share with a group.
  • In July 2022, Seclore and TD SYNNEX, an aggregator of global IT solutions, formed a partnership. This joint solution offers real-time tracking and visibility of authorized and unauthorized activity on the data, enabling the enterprise to spot suspicious behavior, update data security policies, take prompt action on security permissions, and even remove the data entirely to prevent information loss.
  • In January 2024, Elacity DRM is a Web3-focused DRM platform for video content makers, introduced by Elastos. It fuses NFT technology with decentralized DRM to control digital rights.
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FAQs

Global Digital Rights Management Market size was valued at USD 4.45 Billion in 2023 and is poised to grow from USD 4.96 Billion in 2024 to USD 11.86 Billion by 2032, growing at a CAGR of 11.51% in the forecast period (2025-2032).

The global digital rights management industry is highly fragmented, with several major competitors supplying a range of solutions. The industry is dominated by big businesses, such as Adobe, Microsoft, and IBM, that supply sophisticated, scalable solutions to businesses in a broad range of sectors. Competition is also getting intense since the new companies and specialist suppliers such as Verimatrix and Widevine (Google) are concentrating on providing tailor-made digital rights management solutions for niche markets such as film, entertainment, and IoT. 'Adobe Systems', 'Microsoft Corporation', 'IBM Corporation', 'Google (Widevine)', 'Apple Inc.', 'Verimatrix', 'Dell Technologies', 'Hewlett Packard Enterprise', 'NAGRA (Kudelski Group)', 'Irdeto', 'Locklizard', 'Axinom', 'Zebra Medical Vision', 'PlayReady (Microsoft)', 'FairPlay (Apple)'

The penetration of digital rights management solutions has highly increased due to the rapid consumption of digital material, majorly through social networking and gaming and also streaming services. The growth in demand for an efficient digital rights management solution is increasing as distributors and content providers want to protect intellectual property and income sources from the threat of piracy, which is driving the advancement of the market.

Integration of Blockchain: There is an emerging trend whereby blockchain technology is integrated into digital rights management systems. Blockchain-based decentralized and transparent approach makes it possible to have a better tracking and authentication process of content consumption. With this technology, it will transform digital rights management by reducing fraud and improving the effectiveness of content protection.

North America captured the largest digital rights management market share in 2024. With a high consumer acceptance rate in IPTV, OTT services, and IoT technology, the digital rights management market is predicted to witness tremendous growth in the region. This is because the region has a strong digital infrastructure and high utilization of streaming services such as Netflix, Amazon Prime, and Hulu, which has created the need for robust digital rights management solutions to protect material. There is also a greater demand for advanced security solutions resulting from the large number of large businesses in North America and the extensive use of social networking sites such as Facebook, Instagram, and YouTube. These factors are predicted to continue to drive the North American market over the forecast period.

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Global Digital Rights Management Market

Report ID: SQMIG45B2185

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