PUBLISHER: The Business Research Company | PRODUCT CODE: 1675170
PUBLISHER: The Business Research Company | PRODUCT CODE: 1675170
Digital rights management (DRM) serves as a safeguard for digital media copyrights, employing technologies to restrict the copying and usage of copyrighted works and proprietary software. This method empowers authors, filmmakers, musicians, and other creators to thwart unauthorized utilization of their content.
Digital Rights Management (DRM) finds its applications in various sectors such as mobile content, video on demand, mobile gaming, eBooks, and more. In the context of mobile content, DRM encompasses methods and technologies for secure distribution of content and media on mobile devices. This involves implementing policies, limitations, and protection mechanisms to prevent unauthorized duplication on mobile devices. End users of DRM solutions include both small and medium enterprises (SMEs) and large enterprises. DRM is employed across diverse industries including healthcare, music, education, banking and financial services (BFSI), legal/law, printing and publication, software, and television and film. Its deployment modes range from on-premises solutions to cloud-based implementations, offering flexibility to organizations based on their specific needs and infrastructure preferences.
The digital rights management market research report is one of a series of new reports from The Business Research Company that provides digital rights management market statistics, including digital rights management industry global market size, regional shares, competitors with a digital rights management market share, detailed digital rights management market segments, market trends and opportunities, and any further data you may need to thrive in the digital rights management industry. This digital rights management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The digital rights management market size has grown rapidly in recent years. It will grow from $5.82 billion in 2024 to $6.71 billion in 2025 at a compound annual growth rate (CAGR) of 15.3%. The growth in the historic period can be attributed to media industry evolution, globalization of content distribution, monetization strategies, emergence of mobile devices, digital advertising protection, regulatory compliance.
The digital rights management market size is expected to see rapid growth in the next few years. It will grow to $13.7 billion in 2029 at a compound annual growth rate (CAGR) of 19.5%. The growth in the forecast period can be attributed to rising cyber threats, cross-platform compatibility, personalized content delivery, hybrid content models, focus on content security. Major trends in the forecast period include cloud-based DRM solutions, integration with analytics, blockchain for DRM, subscription and streaming services, collaboration with AI and machine learning, augmented and virtual reality (AR/VR).
The digital rights management market is experiencing growth due to increasing security concerns. The widespread use of PCs and laptops has attracted hackers who seek unauthorized access to corporate and government networks, aiming to steal critical information for financial and business gains. Corporations are increasingly adopting real-time approaches to managing business data, including transmission and storage across mobile devices, the cloud, USBs, and disks. As reported by InfoSecurity, global ransomware damages are projected to exceed $30 billion in 2023, highlighting the escalating threat. The complexity and sophistication of cyberattacks contribute to the challenge of detection. Digital rights management is also adopted by healthcare and financial services organizations to ensure compliance with data privacy and protection standards such as HIPAA and the Gramm-Leach-Bliley Act. This growing concern for security is expected to drive market growth in the digital rights management sector.
The increasing penetration of digital devices and technology is projected to drive the growth of the digital rights management market in the coming years. Digital devices are tangible pieces of equipment that utilize digital data for various applications. These devices can be employed to create high-quality educational and entertaining content, including slide presentations, music, multimedia collages, photo art, artistic images, interactive eBooks, films, and 3D printing designs. Content providers must ensure that the transfer of information across devices is restricted without proper authorization. For example, in April 2023, the World Economic Forum, a non-governmental organization based in Switzerland, reported that in 2022, mobile subscriptions worldwide exceeded 8.58 billion, outnumbering the global population of 7.95 billion. Therefore, the rising penetration of digital devices and technology is fueling the growth of the digital rights management market.
Major companies in the digital rights management market are concentrating on developing innovative solutions, such as digital rights management services, to establish authorship and oversee usage rights. A digital rights management (DRM) service is a technology designed to safeguard and regulate the distribution and use of digital content, preventing unauthorized access, copying, or sharing of media such as music, videos, or eBooks. For example, in July 2024, Wacom Co., Ltd., a Japan-based software company that produces graphics tablets and related products, launched a new digital rights management service. This DRM service from Wacom Co., Ltd. provides enhanced protection for digital content, particularly benefiting creative professionals by ensuring secure access and usage control for artistic works and designs. It includes seamless integration with Wacom's devices, facilitating easy content sharing and collaboration while safeguarding intellectual property through strong encryption and permission management tools.
Major companies in the digital rights management market are at the forefront of developing innovative technologies, including advanced digital rights management tools, to offer comprehensive solutions for digital rights management and licensing. Digital rights management tools, whether in the form of software or hardware, are designed to regulate access to and usage of copyrighted digital content. A notable example is Songtradr, a US-based B2B music platform, which launched SMART SYNC in October 2022. This tool employs advanced technology to monitor, control, and monetize music catalogs. The inclusion of watermarking technology in SMART SYNC addresses inherent licensing challenges faced by video games and digital platforms. Moreover, through Songtradr Group entities such as Big Sync Music and MassiveMusic, the solution provides portfolios with direct access to potential opportunities for global brand synchronization. This highlights the ongoing commitment of major companies to leverage cutting-edge technologies for digital rights management solutions.
In April 2024, Agora, Inc., a US-based software company specializing in communication software solutions, collaborated with EZDRM to introduce digital rights management (DRM) solutions designed to protect live content. This partnership aims to enhance security for live content, providing real-time protection for live streaming by seamlessly integrating Agora's interactive broadcasting platform with EZDRM's robust DRM technology. This integration ensures secure content delivery while preventing unauthorized access or piracy during live events. EZDRM is a US-based company that provides digital rights management as a service (DRMaaS).
Major companies operating in the digital rights management market include Apple Inc., Alphabet Inc., Microsoft Corporation, Sony Corporation, International Business Machine Corporation, Oracle Corporation, OpenText Corporation, Intralinks Holdings Inc., Kudelski Group, Irdeto B.V., BuyDRM Inc., EditionGuard LLC, Vera Security Inc., Fasoo Inc., Intertrust Technologies Corporation, NextLabs Inc., Conax AS, Adobe Systems Incorporated, Verimatrix Inc., Seclore Technology, Vitrium Systems Inc., FileOpen Systems Inc., Digify Inc., EZDRM Inc., Locklizard Limited, Verance Corporation, MediaSilo Inc., Cinedigm Corp., Friend MTS Ltd.
North America was the largest region in the digital rights management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital rights management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the digital rights management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The digital rights management market includes revenues earned by entities by providing services such as software licenses and keys, user authentication and IP authentication protocols, proxy servers, virtual private networks (VPNs), regional restriction or geoblocking. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Digital Rights Management Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on digital rights management market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for digital rights management ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The digital rights management market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.