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Digital Rights Management Market to Garner $24.63 Bn, Globally, by 2030 at 21.4% CAGR: AMRRise in copyright protection policies for digital Ips and corporate needs to protect their data have boosted the growth of the global digital rights management market. PORTLAND, Ore., Jan. 13, 2022 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Digital Rights Management Market by Application (Mobile Content, Mobile Gaming, Video-On-Demand and Others), Enterprise Size (SME and Large Enterprise) and Industry Vertical (BFSI, Healthcare, Printing & Publication Educational, Television & Film and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030". As per the report, the global digital rights management industry was pegged at $3.60 billion in 2020, and is expected to reach $24.63 billion by 2030, growing at a CAGR of 21.4% from 2021 to 2030. Drivers, restraints, and opportunities Rise in copyright protection policies for digital IPs and corporate needs to protect their data have boosted the growth of the global digital rights management market. However, costly fees and complexity of DRMs and limited control over the content hinder the market growth. On the contrary, rise in demand for OTT content delivery, rise in penetration of digital devices, and the growing data volumes are expected to open new opportunities for the market players in the future. Download Sample Report (Get Full Insights in PDF - 243 Pages) at: https://www.alliedmarketresearch.com/request-sample/2476 Covid-19 scenario:
Get detailed COVID-19 impact analysis on the digital rights management market: https://www.alliedmarketresearch.com/request-for-customization/2476 The video on-demand segment dominated the market By application, the video on-demand segment held the largest share in 2020, accounting for more than two-fifths of the global digital rights management market, as it protects video content while ensuring smooth delivery and playback. However, the mobile content segment is expected to register the highest CAGR of23.8% during the forecast period, owing to growth in internet usage and rise in use of smart devices that contain sensitive information. The healthcare segment to manifest the highest CAGR through 2030 By industry vertical, the healthcare segment would showcase the highest CAGR of 24.8% from 2021 to 2030, due to concerns regarding unfettered access to data in the healthcare industry. However, the television and film segment held the largest share in 2020, contributing to more than two-fifths of the global digital rights management market, due to use of digital content, rise in customer base for online content-based publishers, and increase in demand for DRM in media and entertainment segment. North America held the largest share By region, the market across North America held the lion's share in 2020, accounting for nearly two-fifths of the market, due to rise in demand for better viewing experience than before, advances in mobile devices, and explosion of internet content. However, the global digital rights management market across Asia-Pacific would showcase the highest CAGR of 23.9% from 2021 to 2030, owing to increase in number of people accessing web content and rise in internet live video streaming, mobile TV, and video-on-demand. For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2476 Major market players
Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at: hthttps://www.alliedmarketresearch.com/library-access Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements. Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter Similar Reports: Big Data Analytics in Education Market Expected to Reach $57.14 Billion by 2030 Consent Management Market Expected to reach $2.27 Billion by 2030 Workforce Management Market Expected to Reach $9,391 Million by 2027 About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact: David Correa Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg |