Global Market Study on Enterprise Digital Rights Management (EDRM): Growth 2.0 Led by IT Decentralization Among SMEs

Enterprise Digital Rights Management (EDRM) Market Projection By Technology, Top Key Players, Demand, Segment, Regional Analysis Revenue Forecast Till – 2033

NEW YORK CITY, NEW YORK , UNITED STATES, February 23, 2023 /EINPresswire.com/ -- In 2023, the market value of enterprise digital rights management (EDRM) was US$ 3.9 Billion. 𝐓𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐟𝐨𝐫 𝐞𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐫𝐢𝐠𝐡𝐭𝐬 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 (𝐄𝐃𝐑𝐌) 𝐢𝐬 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭𝐞𝐝 𝐭𝐨 𝐜𝐥𝐢𝐦𝐛 𝐭𝐨 𝐔𝐒$ 𝟏𝟑.𝟎𝟓 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟑 𝐞𝐧𝐝. Enterprise Digital Rights Management (EDRM) Market will grow at a 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟏𝟐.𝟕% between 2023 and 2033.

Demand for enterprise digital rights management (EDRM) market in India is projected to rise at a CAGR of 14.2% for 2023-2033. In 2022, the North America enterprise digital rights management (EDRM) market held a dominant market share of 29.4%. The market for Enterprise Digital Rights Management (EDRM) has expanded quickly in recent years as a result of businesses' growing demand for data protection and privacy. EDRM stands for the collection of tools and procedures that businesses employ to manage and safeguard their private data from unwanted access, use, or disclosure. The EDRM industry offers a range of solutions, including tools for policy administration, digital watermarking, access controls, and encryption. EDRM solutions are used to defend sensitive information from both outside and internal threats, including intellectual property, financial data, and customer information.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.persistencemarketresearch.com/samples/29227

The emergence of cloud-based solutions, the rise in cyberattacks and data breaches, and the expanding demand for compliance with data protection laws are some of the reasons contributing to the market's expansion. Data protection has become increasingly more important as a result of the proliferation of mobile devices and the rising usage of social media platforms, which has increased demand for EDRM solutions.

The rise in cyber risks and data breaches is one of the major factors driving the EDRM market. As cybercriminals develop increasingly complex attacks and businesses continue to rely on digital technologies, this trend is likely to persist. Organizations can use EDRM systems to create security controls like encryption, access controls, and digital watermarking to safeguard their sensitive data from cyber attacks.

The popularity of cloud-based solutions is another reason fueling the expansion of the EDRM industry. As more businesses shift their data and applications to the cloud, they encounter new privacy and security issues. By offering secure access controls, encryption, and policy management tools, cloud-based EDRM systems can assist enterprises in safeguarding their sensitive data. Also, because they do not require costly hardware and software installations, cloud-based solutions may be more affordable than on-premises alternatives.

The need for EDRM solutions is also being fuelled by the expanding requirement for compliance with data protection rules. Organizations now face severe fines for breaking data protection laws because to the implementation of laws like the Global Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA). By integrating safeguards like data encryption, access restrictions, and policy management tools, EDRM systems can assist enterprises in achieving compliance. Moreover, EDRM solutions can give businesses the audit trails and reporting tools they need to prove their adherence to data protection laws.

𝐅𝐨𝐫 𝐈𝐧-𝐃𝐞𝐩𝐭𝐡 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐁𝐮𝐲 𝐍𝐨𝐰 @ https://www.persistencemarketresearch.com/checkout/29227

In conclusion, as businesses continue to place a high priority on data security and privacy, the EDRM industry is fast growing and changing. The need for EDRM solutions is projected to expand even more in the upcoming years as a result of the increased usage of cloud-based solutions and the rise in cyberthreats. In order to safeguard sensitive data and intellectual property against unlawful access, usage, and dissemination, enterprises should think about using EDRM solutions. Organizations can lower their risk of cyber threats, protect their reputation, and uphold regulatory compliance by investing in EDRM solutions.

𝐄𝐃𝐑𝐌 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

Some of the key players in the global enterprise digital rights management market research report include

• Adobe
• Apple Inc.
• Dell EMC
• Hewlett Packard Enterprise
• Microsoft Corporation
• Oracle
• Realnetworks, Inc.
• Sony Corporation
• Verisign Inc.
• File Open Systems
• Bynder
• Vitrium Security

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 @ https://www.persistencemarketresearch.com/request-customization/29227

𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐨𝐟 𝐞𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐫𝐢𝐠𝐡𝐭𝐬 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 (𝐄𝐃𝐑𝐌) 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧:

• Mobile Content
• Video on Demand
• Mobile Gaming
• eBooks
• Others

𝐁𝐲 𝐄𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞 𝐒𝐢𝐳𝐞:

• SMEs
• Large Enterprises

𝐁𝐲 𝐕𝐞𝐫𝐭𝐢𝐜𝐚𝐥:

• Banking
• Insurance
• Discrete Manufacturing
• Process Manufacturing
• Retail
• Media & Entertainment
• Healthcare
• Professional Services
• Telecommunication
• Government
• Others

𝐁𝐲 𝐑𝐞𝐠𝐢𝐨𝐧:

• North America
• Latin America
• Europe
• East Asia
• South Asia Pacific
• Middle East and Africa

𝐓𝐨𝐩 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐁𝐲 𝐏𝐌𝐑

Integration And Orchestration Middleware Market

Managed File Transfer Service Market

Enterprise Governance Risk Compliance Market - https://www.persistencemarketresearch.com/market-research/enterprise-governance-risk-compliance-market.asp

Enterprise Information Management Solution Market - https://www.persistencemarketresearch.com/market-research/enterprise-information-management-solution-market.asp

E and P Software Market - https://www.persistencemarketresearch.com/market-research/e-and-p-software-market.asp

Digital Signature Software Market - https://www.persistencemarketresearch.com/market-research/digital-signature-software-market.asp

𝐀𝐛𝐨𝐮𝐭 𝐮𝐬:

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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