+91-9836913164 (India),  +1-917-730-4660 (U.S.)

Digital Rights Management Market (By Application Type: E-Book, Mobile Gaming and Application, Video on Demand, Mobile Content, Others. By Organization Type: Small Enterprise, Medium Enterprise, Large Enterprise Others. By Region - North America, Europe , Asia-Pacific , LAMEA) - Global Market Analysis, Growth, Trends & Forecast, 2022-2032

Published Date : August 2022 | Report Id : TECIT 217 | Format : PDF,PPT | Slides : 180
Report Type : Syndicate Report

The global digital rights management market was valued at $3.6 billion in 2021 and it is expected to reach $37.1 billion at a CAGR of 23.5% between 2022 and 2032. Due to the digital disruption, and rise in technological advancements, the digital rights management market is becoming more popular. The market is estimated to gain more significant growth opportunities during the forecast period. 

By region, North America has led the digital rights management market with significant share over the last few years.

At present days, digital rights management is becoming very popular among a large number of end-user industries. Through this method, they can secure digital content to prevent unauthorized use and piracy of digital media. Additionally, this process also prevents users from copying, redistributing, or converting content in a way that is not explicitly authorized by the content provider. However, several major factors such as the increasing need for copyright protection policies for digital intellectual properties and the rising corporate need to protect their data from any kind of unauthorized usage are driving the growth of the digital rights management market. Moreover, over the past two years, during the pandemic situation of COVID-19, the market had a major impact which forced a large number of people to work from home. This has positively affected the digital rights management market in all industries and sectors. Thus, various companies have launched new digital rights management solutions and provided them to support multiple businesses across the globe.

Digital Rights Management Market

Source: SAI Research

Download Free PDF Sample Request

Digital rights management can help organizations to communicate what customers can and cannot do with their digital media for secure ownership. Furthermore, digital rights management software has several supported types such as Apple FairPlay, Google Widevine Modular, and Microsoft PlayReady. Moreover, DRM technology can also help in controlling what viewers or users can do with digital assets. It allows musicians, movie professionals, authors, and other creators to prevent unauthorized use of their content. It can also protect their bottom lines and control the distribution of their products. Hence, these multiple benefits are expected to fuel the growth of the digital rights management market during the forecast period from 2022 to 2032.

Over the last decade, the demand for digital rights management services and solutions has increased among a large number of content owners and content distribution service providers across the globe. These technological solutions could offer a secure distribution of the original content while maintaining the authentication and privacy rights of people who are owners of the original content. However, DRM solutions with low cost may not provide strong and effective protection to their customers. Even the high cost of digital rights management services is anticipated to hamper the market growth across some under-developing countries.

There might be a chance to face some illegal sharing of media and other content such as video, audio, e-books, mobile applications, and computer software. Thus, several companies and organizations are focusing on providing digital rights management solutions and services among a large number of digital sectors. By doing this, they are trying to reduce the illegal distribution of media content. Thus, multiple content publishers and distributors are adopting digital rights management solutions. It also helps in protecting license keys and allows only authorized users to view or use the original contents. Technologies are becoming advanced at present days, and this could help many companies to produce innovative technological solutions for better digital rights management services. Due to the increasing digital conversion technologies and the increased consumption of digital media among a large number of users, the market is expected to gain more growth opportunities during the upcoming years.           

Based on application type, the global digital rights management market is segmented into an e-book, mobile gaming, and application, video on demand, and mobile content, among others. The video on-demand segment holds the largest share of the market and is anticipated to drive the growth of the market during the forecast period due to increasing internet connections and the growing number of smartphone users across the globe. Users can download and watch high premium videos from online platforms. However, on the other hand, the mobile content category is also anticipated to fuel the growth of the market due to the rising number of mobile device users. A large number of customers are using many mobile applications which can help them to stream various online media such as videos and audio. These are contributing to the growth of the digital rights management market.

Based on organization type, the global digital rights management market is segmented into small enterprises, medium enterprises, and large enterprises. Among these, the large enterprise segment holds the maximum share of the market and is expected to dominate during the forecast period with a significant revenue share. Several key players are associated with DRM technologies. These key players are focusing on new investments and business strategies connected with large enterprises which would benefit the market in the future to gain more growth opportunities. Moreover, due to the rise in streaming service providers, multiple OTT platforms, payment TV services, and others are anticipated to accelerate the market over the forecast period. Besides this, small and medium enterprises are also expected to boost the growth of the market due to the increasing usage of digital rights management solutions across various industries situated in several under-development nations.   

Geographically, the global digital rights management market is categorized into North America, Europe, Asia-Pacific, Latin America, and Africa. North America has dominated the market over the past few years with a significant market share and is expected to hold its dominant position throughout the forecast period. Most of the companies are situated in countries such as Canada, the U.S, Mexico, and others which are a plus point for the regional market. Video-on-demand services, online streaming content, and the rising distribution of e-books through online mediums are some of the major factors, which are projected to accelerate the growth of the digital rights management market. On the other hand, the Asia-Pacific region is also anticipated to grow during the upcoming years due to the growing population density, rising usage of smartphones, mobile applications, or software, and increasing usage of internet services. At present days, delivering secure content is essential. Therefore, major players are focusing on providing new digital rights management solutions with modern technologies. Therefore, this would drive the growth of the market during the forecast period from 2022 to 2032.  

According to the study, key players such as Adobe (U.S), Alphabet Inc (U.S), Apple Inc (U.S), Bitmovin Inc (U.S), Bynder (Netherlands), Dell Technologies (U.S), Fasoo (South Korea), Fidelio Acquisition (U.S), General Electric (U.S), IBM (U.S), IRdeto B.V (Netherlands), Kudelski Group (Switzerland), Meta (U.S), Microsoft Corporation (U.S), OpenText Corporation (Canada), Oracle Corporation (U.S), SAP (Germany), Seclore (India), Union Fintech (Estonia), Vobile Group (China), Verimatrix (France), Vitrium Systems (Canada),  among others are leading the global digital rights management market.

Scope of the Report:

Report Coverage Details
Market Size in 2021 US$ 3.6 Billion
Market Volume Projection by 2032 US$ 37.1 Billion
Forecast Period 2022 to 2032 CAGR 23.5%
Base Year: 2021
     Historical Data  2019, 2020 and 2021
     Forecast Period 2022 to 2032
     Segments covered

By Application Type:  E-Book, Mobile Gaming and Application, Video on Demand, Mobile Content, Others

By Organization Type: Small Enterprise, Medium Enterprise, Large Enterprise  Others

     Geographies covered

North America, Europe , Asia-Pacific , LAMEA 

     Companies covered Adobe (U.S), Alphabet Inc (U.S), Apple Inc (U.S), Bitmovin Inc (U.S), Bynder (Netherlands), Dell Technologies (U.S), Fasoo (South Korea), Fidelio Acquisition (U.S), General Electric (U.S), IBM (U.S), IRdeto B.V (Netherlands), Kudelski Group (Switzerland), Meta (U.S), Microsoft Corporation (U.S), OpenText Corporation (Canada), Oracle Corporation (U.S), among others

The Global Digital Rights Management Market Has Been Segmented Into:

The Global Digital Rights Management Market – by Application Type:  

  • E-Book
  • Mobile Gaming and Application
  • Video on Demand
  • Mobile Content
  • And Others

The Global Digital Rights Management Market – by Organization Type:

  • Small Enterprise
  • Medium Enterprise
  • Large Enterprise
  • Others

The Global Digital Rights Management Market – by Regions: 

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • France
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • Australia
    • Rest of Asia Pacific
  • LAMEA
  • Middle East
    • Saudi Arabia
    • UAE
    • Others
  • Latin America
    • Brazil
    • Chile
    • Others
  • Africa
    • South Africa
    • Egypt
    • Others
Note: This table of contents is a content of a published report. As per client requirement, cross-sectional analysis across all industries or specific geography or ‘country-based’ analysis can be provided as a part of paid customization. Please place your queries on sales@sheeranalyticsandinsights.com or query@sheeranalyticsandinsights.com

Buy Chapters or Sections

Customization options available to meet your custom research requirements :

  • Request a part of this report
  • Get geography specific report
  • Request historical analysis
  • Check out special discounted pricing

Why Choose Us

  • Research support24/5 Research support

    Get queries resolved by industry expert.

  • Custom research serviceCustom research service

    Exclusive reports and studies to meet your custom requirements.

  • Quality assuranceQuality assurance

    Widely acclaimed services reccomended by major organizations.

  • Information securityInformation security

    Your personal information security guaranteed.

  • sheer analytics and insights PCI DSS complaintsheer analytics and insights paypal verified