Dual needs for data security and management are poised to ensure a flourishing growth outlook for digital rights management market in the coming years, finds out Adroit Market Research in a new investigative research study. Proliferation in web-based data generation is likely to keep the growth pace optimistic in the coming years.
As digital content is witnessing magnanimous thrust owing to massive digital content requirements, digital rights management as a practice is gaining traction owing to the need to safeguard the interests of copyright holders, digital right management technologies are witnessing astonishing advances in the form of technological protection measures which are indispensable for protecting content from online hacking. Additionally, strong government mandates to protect digital data are further paving novel growth opportunities in global digital rights management market.
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Online Games and eBooks to Remain Potent End-Users, Supplementing Growth in Global Digital Rights Management Market
Advances in streaming content with rise in OTT platform has been inspiring thumping growth in digital rights management. As subscription based models and high internet penetration are pushing end-use interests in video and music streaming services, need for digital rights management is likely to be more intensely felt in the coming years, when internet connectivity is likely to swell further with 5G emergence.
Menaces such as redistribution or piracy of digital content in the form of images, text and videogames are persistent hurdles, interfering with digital asset management. Advances in digital rights therefore are expected to contain such uncalled for redistribution of digital content. Business information protection is highly crucial, yet suffers several loopholes with growing trends of BYOD that poses larger threat to enterprise data. This is again creating novel avenues for adoption of digital rights management.
One of the fastest growing end-use verticals in digital rights management market is mobile gaming. Following suit is eBook space which also necessitates data protection to prevent unauthorized access.
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Some of the key players operating in the competitive edge of global Digital Rights Management Market include Apple Inc., DivX LLC, Adobe Systems Incorporated, HP Labs, EMC Corporation, Oracle Corporation Microsoft Corporation, Oracle Corporation, Vobile Inc. and Real Networks Inc.
Digital Rights Management Market Segmentation
Type Analysis of Digital Rights Management Market:
Deployment Analysis (On-Premises, Cloud), Component Analysis (Software, Services)
Applications Analysis of Digital Rights Management Market:
Application Analysis (Gaming, e-Books, Video on Demand, Digital Content, Others), End-Use Industry Analysis (Retail, BFSI, Government Sector, Healthcare, Media and Entertainment, Others)
What to expect from the upcoming report on ‘Digital Rights Management Market Share’:
- Future Outlook and Current Trend of Digital Rights Management Market Share by the End of the Forecast Period (2019-2025).
- Information on technological progress and innovation around the world
- Government support can affect market dominance.
- In-depth analysis of various market segments, including local segmentation, applications and types
- An in-depth analysis of the market's competitive landscape and initiatives to improve this market.
- Market Trends, Drivers, Opportunities, Restraints, Challenges and Key Developments
Highlights of the report:
1. A complete backdrop analysis, which includes an assessment of the parent market
2. Important changes in market dynamics
3. Market segmentation up to the second or third level
4. Historical, current, and projected size of the market from the standpoint of both value and volume
5. Reporting and evaluation of recent industry developments
6. Market shares and strategies of key players
7. Emerging niche segments and regional markets
8. An objective assessment of the trajectory of the market
9. Recommendations to companies for strengthening their foothold in the market
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