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The digital rights management market share is expected to increase by USD 7.63 billion from 2021 to 2026, and the market’s growth momentum will decelerate at a CAGR of 27.49%.
The market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by deployment (on-premise and cloud) and geography (North America, Europe, APAC, South America, and MEA).
The digital rights management market report also offers information on several market vendors, including Adobe Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., HP Inc., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, and Verisign Inc among others.
Alphabet Inc. - The company offers DRM which is made to protect the content owner and keep e-books secure from unauthorized sharing. The Google segment offers products such as Ads, Android, Chrome, Google Cloud, Google Maps, Google Play, Hardware (including Nest), Search, and YouTube.
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Technavio categorizes the global digital rights management market as a part of the global systems software market within the global IT software market. Our research report extensively covers external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the digital rights management market during the forecast period.
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Digital Rights Management Market Driver
Key Digital Rights Management Market Challenge
This digital rights management market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Our In-house experts produce extensive information on the value chain and parent market of the digital rights management market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies. The players across the value chain include selective data and analysis from entire research findings as per the scope of the report.
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32% of the market’s growth will originate from North America during the forecast period. The US is the key market for digital rights management in North America. Market growth in this region will be faster than the growth of the market in the European regions. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
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The digital rights management market share growth by the on-premises segment will be significant during the forecast period. On-premises digital rights management (DRM) requires end-users to have a software license and is more expensive than cloud-based DRM, as it requires in-house hardware and huge capital investment in software licenses. However, on-premises DRM is considered to be highly secure, as there is no third-party interference. Customization and higher data security offered in the on-premises deployment model are some of the factors responsible for the growth of the market.
This report provides an accurate prediction of the contribution of all the segments to the growth of the digital rights management market size and actionable market insights on the post-COVID-19 impact on each segment.
Digital Rights Management Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Decelerate at a CAGR of 27.49% |
Market growth 2022-2026 |
$ 7.63 billion |
Market structure |
Fragmented |
YoY growth (%) |
29.97 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 32% |
Key countries |
US, UK, Japan, France, and South Korea (Republic of Korea) |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
Adobe Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., HP Inc., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, and Verisign Inc |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Deployment
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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