News on U.S. government agencies, U.S. politics, companies doing business with U.S. federal government. Read U.S. national and local news. This site is not affiliated with United States Government.
(USGovernment-News.Com, October 25, 2016 ) The report "Digital Rights Management Market by Application (Mobile Content, Video on Demand, Mobile Gaming, eBook, others), by End User (SME and Large Enterprises), by Deployment (On-Premise and On Cloud) by Industry, and by Region - Global Forecast to 2020", The DRM market is estimated to grow from USD 1,066.3 Million in 2015 to USD 2,898.9 Million by 2020, at a CAGR of 22.1% from 2015 to 2020.
Browse 71 market data Tables and 70 Figures spread through 146 Pages and in-depth TOC on "Digital Rights Management Market - Global Forecast to 2020" Download PDF Brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=152806525 Early buyers will receive 10% customization on this report.
The recent developments in technology have given rise to different kinds of concerns pertaining to the internet. With downloading speeds becoming faster, more files are distributed over the internet; it could, for example, be music, books, pictures, movies, or basically anything that comes in the digital form. Not all of these files are currently shared legally. Usually a person, who has a license for a product, can easily copy and sell/give it all over the world, within minutes. It is hard to detect and stop these transactions. In order to manage and control the distribution of digital files, a new concept has been developed, called DRM (Digital Rights Management). The purpose is to set every single file with individual rights that are extremely hard to break, and consequently make people pay and use the files legally. The file will then be fully protected from intrusion and alteration until the set rights expire.
The DRM market is expected to show tremendous growth from 2015 to 2020. The video on demand application is likely to offer great revenue generation opportunities for the content provider. The new DRM standards enable more than one user to share the same document over the internet. The usage of 802.11 is becoming a common standard for the service provider and is mostly used to connect smart devices with each other via DRM. It is important for the internet service providers to maintain DRM standards and understand its limits. The standards offer secured connectivity and services to the consumers. The upcoming changes and advancements in the wireless standards will only offer better experience to the consumer.
Major companies are collaborating with small and mid-sized enterprises to serve customers with seamless DRM technology. The top players also collaborate with healthcare and other publishing companies to deploy the DRM services. Factors such as growth in internet usage, increase in the usage of smart devices, increase in investments in wireless technology sector, advancements in the medical and healthcare sector are driving the growth for DRM market. However, cyber-attacks and lack of common standards are restraining the growth of the DRM market.
In developing countries such as China, India, and Brazil, the deployment and usage of DRM solutions is increasing due to intervention and support of the government. For instance, the Department of Information technology, Government of India, has initiated a project titled “Watermarking of digital audio and setting up of resource centre for DRM systems” at the Centre for Development of Advanced Computing (CDAC), Thiruvananthapuram. The project also involves the adoption of various international standards to develop DRM systems for efficient and secured delivery of content (audio and video) over the internet.
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact: Mr. Rohan MarketsandMarkets 701 Pike Street, Suite 2175, Seattle, WA 98101, United States 1-888-600-6441 Email: sales@marketsandmarkets.com
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:
