In 2019, the DRM market was worth $2.94 billion globally, expected to more than double by 2025, at a CAGR of 12.65%.
DRM extends to enterprise content like intellectual property, confidential records, etc. Today, nearly every piece of content you consume, from iTunes to Netflix, carries a specific DRM protocol. The definition of digital rights management took on new dimensions with the rise of OTT and cloud-based content sharing. In the early days of computing, you had copy-protected floppy disks that restricted users from storing a copy of the content on a local device. DRM is also called technological protection measures (TPM), as it intends to protect the copyright for technology-enabled content.Īs our consumption of digital content grows, complexities around copyright management grow with it.
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