Digital Rights Management (DRM) Market

Executive Summary

Digital Rights Management (DRM) Market was valued at US $3.61 billion in 2021 and is projected to grow at 12.90% CAGR over the forecast period to reach US $7.48 billion by 2027. Digital Rights Management (DRM) Market represented US $0.78 billion opportunity over 2019-2021 and estimated to create US $3.87 billion opportunity in 2027 over 2021.

Digital Rights Management (DRM) from Consainsights analyses the Digital Rights Management (DRM) Market in the Technology & Media industry over the forecast period to 2027.

Digital Rights Management (DRM) research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Digital Rights Management (DRM) segmentation includes Organization Size, End-user Industry and Geography.

Based on the Organization Size, the Digital Rights Management (DRM) analysis covers Small and Medium Enterprises, Large Enterprises.

In Organization Size segment, Small and Medium Enterprises segment has highest cagr growth of 11.39%.

Based on the End-user Industry, the Digital Rights Management (DRM) analysis covers Media & Entertainment, IT & Telecommunication, BFSI, Healthcare, Education, Other End-user Industries.

In End-user Industry segment, Media & Entertainment segment has highest cagr growth of 11.39%.

Based on the region, the Digital Rights Management (DRM) analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.

Key companies operating in the market include Microsoft Corporation, Dell Technologies Inc., Fasoo Inc., Seclore, Oracle Corporation, SAP SE (NextLabs Inc.), Adobe Systems Inc., OpenText Corporation, ArtistScope, Vitrium Systems Inc., Locklizard Limited, Widevine Technologies Inc., Bynder LLC, CipherCloud Inc. and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Market Overview

Definition & Scope

The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.

The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.

The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.

Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.

Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.

As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

Currency, Year & Forecast

The currency used in this report is USD, with the market size indicated in terms of USD million/billion.

For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.

For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.

Organization Size

Introduction

In 2021, Small and Medium Enterprises segment has the highest revenue of US $1.29 billion and is expected to grow at CAGR of 11.39% by 2027 Small and Medium Enterprises segment has highest cagr growth of 11.39%.

Small and Medium Enterprises

Small and Medium Enterprises segment was valued at US $1.01 billion in 2019 and is projected to grow at 11.39% CAGR over the forecast period to reach US $2.67 billion by 2027. Small and Medium Enterprises segment represented US $0.28 billion opportunity over 2019-2021 and estimated to create US $1.38 billion opportunity in 2027 over 2021.

Large Enterprises

Large Enterprises segment was valued at US $0.79 billion in 2019 and is projected to grow at 11.39% CAGR over the forecast period to reach US $2.08 billion by 2027. Large Enterprises segment represented US $0.22 billion opportunity over 2019-2021 and estimated to create US $1.07 billion opportunity in 2027 over 2021.

End-user Industry

Introduction

In 2021, Media & Entertainment segment has the highest revenue of US $1.49 billion and is expected to grow at CAGR of 11.39% by 2027 Media & Entertainment segment has highest cagr growth of 11.39%.

Media & Entertainment

Media & Entertainment segment was valued at US $1.17 billion in 2019 and is projected to grow at 11.39% CAGR over the forecast period to reach US $3.08 billion by 2027. Media & Entertainment segment represented US $0.32 billion opportunity over 2019-2021 and estimated to create US $1.59 billion opportunity in 2027 over 2021.

IT & Telecommunication

IT & Telecommunication segment was valued at US $0.67 billion in 2019 and is projected to grow at 11.39% CAGR over the forecast period to reach US $1.76 billion by 2027. IT & Telecommunication segment represented US $0.18 billion opportunity over 2019-2021 and estimated to create US $0.91 billion opportunity in 2027 over 2021.

BFSI

BFSI segment was valued at US $0.50 billion in 2019 and is projected to grow at 11.39% CAGR over the forecast period to reach US $1.32 billion by 2027. BFSI segment represented US $0.14 billion opportunity over 2019-2021 and estimated to create US $0.68 billion opportunity in 2027 over 2021.

Healthcare

Healthcare segment was valued at US $0.32 billion in 2019 and is projected to grow at 11.39% CAGR over the forecast period to reach US $0.85 billion by 2027. Healthcare segment represented US $0.09 billion opportunity over 2019-2021 and estimated to create US $0.44 billion opportunity in 2027 over 2021.

Education

Education segment was valued at US $0.16 billion in 2019 and is projected to grow at 11.39% CAGR over the forecast period to reach US $0.41 billion by 2027. Education segment represented US $0.04 billion opportunity over 2019-2021 and estimated to create US $0.21 billion opportunity in 2027 over 2021.

Other End-user Industries

Other End-user Industries segment was valued at US $0.02 billion in 2019 and is projected to grow at 11.39% CAGR over the forecast period to reach US $0.06 billion by 2027. Other End-user Industries segment represented US $0.01 billion opportunity over 2019-2021 and estimated to create US $0.03 billion opportunity in 2027 over 2021.