Emergen Research has recently published a detailed report on the global Digital Rights Management Market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Digital Rights Management Market through verified and validated data curated to offer accurate insights. The report also offers a region wise and country wise analysis of the Digital Rights Management Market and contains a detailed analysis of the key elements influencing the growth of the market in the region.
The global digital rights management market size reached USD 3.82 Billion in 2021 and is expected to register a revenue CAGR of 12.8 % during the forecast period, according to latest analysis by Emergen Research. Technological advancements in Machine Learning (ML) and Artificial Intelligence (AI) in digital rights protection are accelerating revenue growth of the market. Digital rights management software and solution use Artificial Intelligence (AI) and Machine Learning (ML) algorithms to streamline the tuning, tagging, cropping, and distribution of digital assets. Various companies are incorporating AI and ML algorithms in cloud-based and hybrid software-as-a-service solutions to easily identify and manage users of digital media and calculate total on-screen time. These metrics are significant in cost reduction and time. These factors are increasingly driving revenue growth of the market.
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COVID-19 Impact Analysis
- Social distancing and restrictions severely disrupted businesses and operations
- Lockdowns caused disruptions in transportation and logistics
- Impacted manufacturing activities and mining operations globally
- Took a toll on economy of various countries
- Caused sudden and drastic downturn in economic activity
- Disrupted agriculture, fisheries, dairy, and other sectors
- Caused loss of employment and financial crisis
- Supply impacts were further compounded owing to reduced disposable income
- Emergence of variants continue to cause concerns and impact normal routines
Major companies Of Digital Rights Management Market are Microsoft Corporation, Adobe Inc., Fortinet, Inc., Vitrium Systems Inc., Digify, Inc., Widen Inc., CapLinked, Inc., EZDRM, Inc., Seclore Inc., DivX, LLC., Fasoo Co., Ltd., Nextlabs Inc, and among others.
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The report emphasizes the demands and ongoing trends of the global Digital Rights Management Market market, more importantly, across the major regions of the market. Additionally, our analysts have included SWOT analysis and Porter’s Five Forces analysis in the report to offer a better understanding of the competitive spectrum of this ever-evolving industry. Moreover, the report sheds light on the cutting-edge expansion strategies adopted by the market contenders, such as mergers & acquisitions, joint ventures, partnerships & collaborations, new product launches, and brand promotions.
Key Reasons To Buy This Digital Rights Management Market Report:
- This report provides an investigation of the global Digital Rights Management Market
- This report performs a historical and future assessment of the market dynamics and provides accurate data in a well-organized sequence.
- The report evaluates the most prominent market growth potential, dynamic market trends, drivers, constraints, investment opportunities and threats.
- The report further identifies key regions and segments dominating the Digital Rights Management Market
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Emergen Research has segmented the global digital rights management market on the basis of component, deployment model, organization size, industry vertical, and region:
· Component Outlook (Revenue, USD Billion; 2019-2030)
- Solution
- Services
· Deployment Model Outlook (Revenue, USD Billion; 2019-2030)
- On-premise
- Cloud
- Hybrid
· Organization Size Outlook (Revenue, USD Billion; 2019-2030)
- Large enterprises
- Small and medium enterprises
· Industry Vertical Outlook (Revenue, USD Billion; 2019-2030)
- Media and entertainment
- Education and training
- Digital Publishing
- IT and Telecommunication
- Banking and financial services
- Healthcare
- Legal
- Others
Regional Outlook:
The report offers a comprehensive analysis of the current growth opportunities for various regions of the Digital Rights Management Market . It gauges the revenue shares of these regions over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading geographic regions encompassed in the report include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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