1. Market Research
  2. > ICT Market Trends
Digital Rights Management (DRM) Market - Growth, Trends, Forecasts (2020 - 2025)

Digital Rights Management (DRM) Market - Growth, Trends, Forecasts (2020 - 2025)

  • April 2020
  • 124 pages
  • ID: 5893154
  • Format: PDF
  • Mordor Intelligence LLP

Summary

Table of Contents

Search Inside

The Digital Rights Management (DRM) market was valued at USD 2,948.7 million in 2019, and is expected to reach USD 6,033.7 million by 2025, registering a CAGR of 12.65%, during the forecast period 2020-2025. The continuous evolution of the Internet as a platform for business and trade and the success in monetizing digital content are driving the market growth.

- Various businesses are anticipated to implement bring-your-own-device (BYOD) policies wherein the employees use their own devices for accessing the company information, furthermore, expanding the risk of proprietary document theft to the mobile platforms which will drive the demand of DRM.
- Globally, many laws have been created that criminalize the circumvention of DRM, communication about such circumvention, and the creation and distribution of tools used for such circumvention. Such laws are part of the United States’ Digital Millennium Copyright Act, and the European Union’s Information Society Directive. The French DADVSI is an example of a member state of the European Union (EU) implementing the directive.
- Companies are focusing on innovations, such as blockchain-based DRM systems, which can contribute in the rapid adoption of DRM. For instance, Sony announced its blockchain-based DRM, which is expected to be built on the already existing DRM system used by the company to track the distribution of its copyrighted products.
- The outbreak of the novel coronavirus has led to lockdowns in many countries, in order to contain the virus. This led to an increase in OTT viewership, as OTT players are re-vamping their content plans to meet the demand from every genre. People are watching the content using their mobile devices, which has been leading to an increase in the use of DRM and therefore the market is not expected to be negatively impacted by Covid-19.

Key Market Trends
Media & Entertainment Sector is Expected to hold a Significant Market Share

- With the growing consumption of digital content and expanding of subscriber base of the online content based publisher, the media & entertainment segment is expected to hold a significant market share during the forecast period.
- Digital content providers focus on reaching the widest audience possible, while also meeting the requirements of the major studios to protect their content. They plan to successfully deploy scalable and robust DRM strategies with a global footprint. In Nov 2019, BuyDRM announced that Rakuten Viki adopted the KeyOS MultiKey Service to secure the delivery of premium content on the Viki.com platform.
- Rakuten Viki will encrypt its premium streaming and download content with consumer-compatible and studio-approved multi-DRM, including Apple FairPlay, Microsoft PlayReady, and Google Widevine. Rakuten Viki’s users will receive DRM license keys to playback the content from the MultiKey Service platform.
- Consumers are increasingly using services, like Netflix and similar OTT (over-the-top) services worldwide, and are paying for content, proving that consumer behavior has shifted to accept a growing market around OTT. According to the American media measurement and analytics company, comScore, Netflix captures 74% of the total penetration of US OTT households, followed by Youtube with 54%, and Amazon by 33%.
- Players, such as AMD, partnered with Microsoft in Aug 2019 to add Microsoft’s PlayReady 3.0 DRM support for its RX 5700 series. This offers 4K protected content, such as Netflix content, to the users of AMD RX 5700.

Asia-Pacific is Expected to be the Fastest Growing Region

- The tremendous growth of smartphones and other mobile devices in the region, since 2010, has fueled the demand for digital media accessibility in mobile devices. As per Cisco, the number of smartphone users in the region is almost half the number of global smartphone users, which crossed the mark of 3 billion in 2018.
- The increasing adoption of IPTV, OTT, and IoT technologies are rising at a tremendous rate among consumers across the region. Also, Asia-Pacific consists of a significant amount of customer base as compared to the other regions, which is helping to drive the demand for the application of DRM market during the forecast period.
- In February 2020, Mola.tv, Indonesia’s OTT service provider, secured its services using the Verimatrix Multi-DRM solution, which will protect the live and VOD content streamed by Mola.tv with optimized digital rights management (DRM) capabilities.
- Moreover, the rise in the presence of startup companies, offering innovative solutions is anticipated to drive the growth of the market across the region.

Competitive Landscape
The digital rights management market is moderately competitive and consists of several players. Major players include Microsoft Corporation, Dell Technologies Inc., Fasoo Inc., among others.

- March 2020 - Microsoft released Windows 10 builds 18363.752 and 18362.752 that came with multiple of fixes. The build primarily updates the performance issue in the applications that occurs when the content that is being protected by the digital rights management (DRM) plays or is paused in the background.
- January 2020 - Seclore launched its Seclore for O365, which enables organizations to seamlessly integrate Seclore Rights Management platform with Microsoft O365 platform to provide enhanced data protection.

Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2020

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on