Digital Rights Management Market Explores New Growth Opportunities from 2018 to 2024 - PowerPoint PPT Presentation

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Digital Rights Management Market Explores New Growth Opportunities from 2018 to 2024

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Digital Rights Management (DRM) Market predicted to grow exponentially by 2024 due to an upsurge in the number of online piracy incidents across the web platforms. The ubiquitous internet is reaching a wide customer base and is making large monetary benefits which has spurred the Intellectual Property (IP) holders to share their content online. However, a surge in plagiarism will lead to a loss of their financial benefits. The integration of such technology with their intellectual property enables them to stop illegal activities and assist them in expanding their business. Further, the adoption of social networking sites has allowed the business to advertise and sell their products online across the globe at a profitable price. Moreover, the adoption of the content marketing strategy enabled the business to increase its audience engagement by delivering high-quality content to their users across the social media platforms. – PowerPoint PPT presentation

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Title: Digital Rights Management Market Explores New Growth Opportunities from 2018 to 2024


1
Digital Rights Management Market Explores New
Growth Opportunities from 2018 to 2024 Global
Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Regional Analysis of Digital Rights Management
Market
  • North America dominates the DRM market due to the
    presence of major key players in this region.
    Apple, Microsoft, and Adobe Systems are expected
    to have a major market share in the region. The
    key players of the market opt for investments in
    RD activities to strengthen their presence in
    the region. Microsoft has invested USD 500
    million in the market to stop the music piracy
    across the region. Other prominent key players,
    such as Adobe and Amazon, have also engineered
    custom technologies to gain the market share in
    this region.
  • Europe is anticipated to witness a substantial
    growth rate due to several projects that are
    undertaken by the key players to propel their
    market share in the region. The rise in the
    presence of startup companies offering innovative
    solutions is anticipated to drive the growth of
    the market. In June 2018, Safeguard Secure PDF
    Web Viewer installed version 1.1.1 into
    Locklizard data to increase the viewing speed and
    support the complex Portable Document File (PDF)
    documents.

3
  • Application Analysis of Digital Rights Management
    Market
  • The DRM technology is used to restrict the
    illegal distribution of the content over the
    internet and protect the digital content such as
    media files and software from intruders. The
    technology is being widely used by the
    publishers, media entertainment companies, and
    manufacturers to avoid copyright infringement
    activities to maintain the integrity of the data.
    Moreover, the adoption of such technologies
    enables the publisher to limit the piracy
    activities by embedding the code into the
    original content. The technology encompasses four
    key fragments named content provider, server
    provider, license provider, and user.
  • Several government regulations improve internal
    and external compliance, restricting third-party
    users to encroach into the content offered by the
    publishers. For instance, United States Digital
    Millennium Copyright Act and European Unions
    Copyright Directive allow the IP owners to
    criminalize the intruders if phishing activity
    has been found in the original data.
  • The surge in advocacy groups such as
    Entertainment Consumer Association (ECA),
    Electronic Frontier Foundation (EFF), and
    European Digital Rights (EDR) that look after the
    protection of digital contents is also
    anticipated to fuel the market.

4
Competitive Market Share of Digital Rights
Management Market
  • The DRM market is fragmented due to the presence
    of a significant number of players in the market.
    Some of the key players operating in this market
    are Apple, Inc., Adobe Systems, EMC Corporation,
    Oracle Corporation, RealNetworks, Inc., Sony
    Corporation, Verisign, Inc., Microsoft
    Corporation, Locklizard Limited, OpenText Corp.,
    Vitrium Systems, Inc., Hewlett-Packard, and IBM
    Corporation. The key players of the market opt
    for product development and investments in SMEs
    to obtain an inorganic growth in this market. For
    instance, Apples platform has installed FairPlay
    technology across its iOS devices to encrypt the
    MP4 multimedia file into Advanced Audio Coding
    (AAC) file to protect the content distributed
    through iTunes music store. FairPlay technology
    was originally developed by Veridisc designed to
    encrypt the content by using HTTP live streaming
    to avoid any intrusion in the data.

5

Browse Full Market Research Report On Digital
Rights Management Market_at_ https//bit.ly/2phcOVZ
Request for an in-depth table of contents for
this report _at_ https//bit.ly/2NlMxnB
6
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