North America Digital Rights Management Market Size, Share & Industry Trends Analysis Report By Enterprise Size, By Application (Video-on-demand, Mobile Gaming, Mobile Content), By Vertical, By Country and Growth Forecast, 2021 - 2027
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Market Report Description
The North America Digital Rights Management Market would witness market growth of 20.8% CAGR during the forecast period (2021-2027).
Many firms are expected to embrace bring-your-own-device (BYOD) policies, in which staff utilize their own devices to access company information, hence increasing the danger of proprietary documents theft on mobile platforms and driving the demand for digital rights management. Companies are focusing on new technologies that can assist speed up DRM adoption, like as blockchain-based DRM solutions. Sony, for example, revealed its blockchain-based DRM, which will be modelled on the company's current DRM system for tracking the circulation of its copyrighted products.
BYOD, in conjunction with encryption technologies, has become a popular growth strategy for forward-thinking enterprises. Businesses are quickly adopting these solutions due to the innovative flexible work methods, increased data security, and safe real-time access to organizational information.
Digital rights management can help businesses in this region in controlling access to confidential information. They can utilize these technologies to limit access to sensitive information while allowing it to be safely shared. Additionally, the use of DRM technologies makes things simpler for auditors to analyse and detect leakage. Digital rights management may be termed as information rights management or enterprise rights management when applied in a corporate setting. DRM is used by financial and healthcare services industries to comply with data protection standards like HIPAA & GLBA.
The common law of defamation largely encompasses online postings in Canada's common law areas. The relevant text must be defamatory, relate to the individual alleging defamation, and be published at least once to a third party to establish defamation.
The US market dominated the North America Digital Rights Management Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $3,843.6 million by 2027. The Canada market is estimated to grow a CAGR of 23.6% during (2021 - 2027). Additionally, The Mexico market would display a CAGR of 22.5% during (2021 - 2027).
Based on Enterprise Size, the market is segmented into Large Enterprise, and Small & Medium Enterprise (SME's). Based on Application, the market is segmented into Video-on-demand, Mobile Gaming, Mobile Content, and Others. Based on Vertical, the market is segmented into Television & Film, Printing & Publication Educational, BFSI, Healthcare, Software, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include DivX, LLC, Fasoo, NextLabs, Inc., Adobe, Inc., Apple, Inc., Sony Corporation, IBM Corporation, Oracle Corporation, Microsoft Corporation, and Dell Technologies, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Enterprise Size
- Large Enterprise
- Small & Medium Enterprise (SME's)
- Mobile Gaming
- Mobile Content
- Television & Film
- Printing & Publication Educational
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- DivX, LLC
- NextLabs, Inc.
- Adobe, Inc.
- Apple, Inc.
- Sony Corporation
- IBM Corporation
- Oracle Corporation
- Microsoft Corporation
- Dell Technologies, Inc.
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